Kvaerner is a provider of engineering, procurement, and construction services for offshore platforms and onshore plants of oil and gas operators. Its solutions include offshore wind solutions, onshore facilities, steel substructures, topsides, concrete solutions, floating structures, etc. Kvaerner's service lineup includes front-end development, marine operations, platform modification and upgrades, and decommissioning services. The company is an international contractor for operators and contractors within oil and gas, renewable energy, and in the field of engineering and fabrication. Kvaerner merged with Aker Solutions in November 2020.
State | Closed | |
Type | Public | |
Founded | 1853 | |
HQ | Lysaker, NO | Map |
Website | kvaerner.com | |
Employee Ratings | More |
NOK | |
---|---|
Revenue (Q2, 2020) | 1.5b |
Net income (Q2, 2020) | 89.0m |
EBITDA (Q2, 2020) | 162.0m |
EBIT (Q2, 2020) | 115.0m |
Market capitalization (10-Nov-2020) | 2.5b |
Closing stock price (10-Nov-2020) | 9.3 |
Cash (30-Jun-2020) | 1.7b |
EV | 860.4m |
NOK | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
---|---|---|---|---|---|---|---|---|
Depreciation and Amortization | 26.0m | 53.0m | 258.0m | 41.0m | 83.0m | 148.0m | 50.0m | 97.0m |
Cash From Operating Activities | (14.0m) | 322.0m | 349.0m | (208.0m) | 19.0m | (152.0m) | (240.0m) | (496.0m) |
Purchases of PP&E | (26.0m) | (100.0m) | (202.0m) | (70.0m) | (151.0m) | (267.0m) | (31.0m) | (52.0m) |
Cash From Investing Activities | (26.0m) | (106.0m) | (209.0m) | (69.0m) | (171.0m) | (276.0m) | (10.0m) | (72.0m) |
NOK | FY, 2017 |
---|---|
Revenue/Employee | 2.5m |
Financial Leverage | 1.8 x |
Company Name | Date | Deal Size |
---|---|---|
Aker Solutions Contracting AS | ||
Kvaerner Americas Holdings Inc | ||
Kværner AS | ||
Kværner ASA | ||
Kvaerner Canada Ltd | ||
Kvaerner Contracting Ltd | ||
Kvaerner Engineering & Technology (Beijing) Co Ltd | ||
Kvaerner Finland Oy | ||
Kværner Ghana AS | ||
Kværner Holding AS |
Kvaerner revenue breakdown by geographic segment: 88.3% from Norway, 10.5% from Europe and 1.3% from Other
When was Kvaerner founded?
Kvaerner was founded in 1853.
Who are Kvaerner key executives?
Kvaerner's key executives are Henrik Inadomi, Sturla Magnus and Øyvind Berge.
How many employees does Kvaerner have?
Kvaerner has 2,800 employees.
What is Kvaerner revenue?
Latest Kvaerner annual revenue is kr9 b.
What is Kvaerner revenue per employee?
Latest Kvaerner revenue per employee is kr3.2 m.
Who are Kvaerner competitors?
Competitors of Kvaerner include Dietsmann, Kiewit and Fluor.
Where is Kvaerner headquarters?
Kvaerner headquarters is located at Snarøyveien 20, Lysaker.
Where are Kvaerner offices?
Kvaerner has offices in Lysaker, Stavanger, Stord, Trondheim and in 5 other locations.
How many offices does Kvaerner have?
Kvaerner has 10 offices.
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