Akastor ASA

AKAST · OL · Energy / Oil & Gas Equipment & Services

9.30NOK-2.72 (-22.63%)

Price History

Full chart

Market Stats

Previous Close12.02

Open9.60

Day Range9.20 – 9.65

52-Week Range8.98 – 14.09

Volume3.56M

Market Cap3.54B

P/E (TTM)25.96

Forward P/E2.89

EPS0.50

Dividend Yield15.90%

Beta0.04

50-Day Avg13.30

200-Day Avg13.43

About

Akastor ASA operates as an oilfield services investment company in Norway and internationally. The company operates through HMH, AKOFS Offshore, DDW Offshore, and Other holdings segments. Its HMH segments offer delivery capabilities, capital, industry experience and delivers offshore drilling equipment products and packages on scale. The AKOFS Offshore segment provides vessel-based subsea well construction, installation and intervention services to the oil and gas industry, covering all phases from development to project execution, and offshore operations. Its DDW Offshore three Anchor Handling Tug Supply AHTS vessels, operate and support clients, and handling, towing, and supply services. The other holding segment offers joint venture fon energy services, and equity instruments. It also includes anchor-handling, towing, and supply services to offshore oil and gas fields. In addition, the company offers a range of offshore drilling equipment products and packages. Further, it owns offshore vessels and anchor handling tug supply vessels. Akastor ASA was founded in 1841 and is based in Bærum, Norway.

Company Details

SectorEnergy
IndustryOil & Gas Equipment & Services
CEOMr. Karl Erik Kjelstad
Employees9
HeadquartersBuilding B, Bærum, Norway, 1366, Norway
Websitehttps://akastor.com

Leadership

Mr. Karl Erik KjelstadChief Executive Officer · b. 1966
Mr. Oyvind PaaskeChief Financial Officer · b. 1985
Mr. Bruce LethuillierInvestment Director
Mr. Eirik ThomassenExecutive VP & General Counsel
Ms. Jing Li TakloHead of Financial Reporting
Mr. Christian StarbergSenior Financial Controller
Ms. Kristin Blomberg SveenSenior Group Controller
Mr. Eirik BergsvikChief Executive Officer of HMH · b. 1961
Thomas McGeeChief Financial Officer of HMH

Financials

Income Statement

Currency: NOK	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: NOK	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	36.94B	50.59B	57.96B	58.25B	53.75B	46.11B	35.67B	44.41B	42.80B	21.16B	15.46B	5.14B	4.30B	3.72B	5.36B	4.58B	913.00M	1.04B	268.00M	292.00M	390.00M
Growth (%)	-	+36.96%	+14.56%	+0.51%	-7.73%	-14.21%	-22.65%	+24.52%	-3.62%	-50.58%	-26.93%	-66.75%	-16.42%	-13.48%	+44.20%	-14.55%	-80.07%	+13.47%	-74.13%	+8.96%	+33.56%
Cost of Revenue	21.29B	31.30B	36.41B	35.51B	29.90B	24.88B	16.23B	21.08B	21.62B	13.66B	9.64B	2.86B	2.48B	1.69B	2.86B	2.22B	376.00M	420.00M	163.00M	196.00M	267.00M
Gross Profit	15.65B	19.29B	21.55B	22.75B	23.85B	21.23B	19.43B	23.34B	21.18B	7.49B	5.81B	2.28B	1.82B	2.02B	2.50B	2.36B	537.00M	616.00M	105.00M	96.00M	123.00M
Gross Margin	42.36%	38.13%	37.19%	39.05%	44.38%	46.05%	54.49%	52.55%	49.49%	35.41%	37.61%	44.34%	42.34%	54.43%	46.72%	51.62%	58.82%	59.46%	39.18%	32.88%	31.54%
Operating Expense	14.14B	16.76B	18.07B	19.98B	20.39B	18.33B	16.86B	20.21B	19.36B	7.21B	6.58B	3.13B	2.19B	2.00B	2.28B	2.31B	619.00M	858.00M	176.00M	-1.16B	290.00M
Operating Income	1.51B	2.53B	3.48B	2.77B	3.46B	2.91B	2.57B	3.13B	1.82B	284.00M	-765.00M	-848.00M	-371.00M	27.00M	222.00M	55.00M	-82.00M	-242.00M	-71.00M	1.26B	-167.00M
Operating Margin	4.09%	5.01%	6.01%	4.75%	6.43%	6.30%	7.20%	7.04%	4.26%	1.34%	-4.95%	-16.50%	-8.64%	0.73%	4.14%	1.20%	-8.98%	-23.36%	-26.49%	430.82%	-42.82%
EBITDA	1.74B	5.13B	4.12B	3.02B	4.55B	4.13B	7.27B	4.68B	4.26B	4.96B	214.00M	236.00M	732.00M	536.00M	562.00M	-67.00M	1.30B	-23.00M	-172.00M	1.76B	-50.00M
EBITDA Margin	4.71%	10.15%	7.10%	5.19%	8.46%	8.96%	20.39%	10.54%	9.96%	23.43%	1.38%	4.59%	17.04%	14.42%	10.49%	-1.46%	142.83%	-2.22%	-64.18%	601.37%	-12.82%
Net Income	1.23B	3.74B	2.40B	1.44B	2.26B	2.01B	5.25B	2.25B	1.26B	2.48B	-2.59B	-1.28B	-58.00M	-322.00M	100.00M	-581.00M	919.00M	-276.00M	-265.00M	1.65B	-148.00M
Net Income Margin	3.33%	7.39%	4.14%	2.47%	4.20%	4.36%	14.73%	5.06%	2.94%	11.73%	-16.73%	-24.94%	-1.35%	-8.66%	1.87%	-12.69%	100.66%	-26.64%	-98.88%	566.10%	-37.95%
R&D	91.00M	105.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
R&D as % of Total Revenue	0.25%	0.21%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense	0	0	0	0	0	0	0	0	0	0	0	0	0	90.00M	148.00M	150.00M	145.00M	170.00M	179.00M	110.00M	50.00M
Interest Expense % of Total Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.42%	2.76%	3.28%	15.88%	16.41%	66.79%	37.67%	12.82%

Balance Sheet

Currency: NOK	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: NOK	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	26.30B	31.40B	28.52B	42.72B	39.93B	40.02B	34.11B	40.22B	48.16B	24.43B	20.54B	12.86B	10.33B	9.00B	10.58B	9.15B	7.21B	6.80B	6.05B	6.70B	6.02B
Total Liabilities	21.97B	23.28B	21.25B	34.12B	30.80B	29.67B	22.80B	28.23B	34.60B	15.05B	13.15B	7.28B	5.05B	4.69B	6.21B	5.48B	3.10B	2.75B	2.08B	845.00M	682.00M
Total Equity	4.26B	7.98B	7.10B	8.45B	8.98B	10.16B	11.15B	11.82B	13.39B	9.38B	7.39B	5.58B	5.28B	4.32B	4.35B	3.66B	4.09B	4.06B	3.97B	5.86B	5.33B
Cash	6.75B	5.67B	3.52B	3.83B	3.19B	3.20B	1.31B	1.21B	2.31B	1.04B	506.00M	478.00M	160.00M	198.00M	544.00M	269.00M	89.00M	117.00M	144.00M	47.00M	43.00M
Total Debt	5.28B	4.46B	2.00B	6.72B	7.51B	8.22B	6.00B	7.69B	11.32B	5.03B	5.64B	3.05B	2.53B	602.00M	2.12B	2.34B	1.54B	-	-	-	-
Net Debt	-1.47B	-1.21B	-1.53B	2.89B	4.33B	5.03B	4.69B	6.48B	9.01B	3.99B	5.13B	2.58B	2.37B	404.00M	1.58B	2.07B	1.45B	1.22B	1.23B	327.00M	235.00M

Cash Flow

Currency: NOK	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: NOK	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	3.65B	2.42B	2.63B	-868.00M	4.25B	2.13B	3.83B	1.78B	3.08B	488.00M	-603.00M	-129.00M	-673.00M	315.00M	406.00M	211.00M	-96.00M	-244.00M	-320.00M	1.78B	43.00M
Investing Cash Flow	-	-	-	-	-	-	-	-	-	-	-	2.72B	737.00M	247.00M	-555.00M	-219.00M	431.00M	619.00M	236.00M	-761.00M	221.00M
Financing Cash Flow	-306.00M	-4.69B	-3.01B	4.11B	-278.00M	-121.00M	-2.88B	261.00M	2.28B	-5.34B	185.00M	-2.62B	-391.00M	-481.00M	517.00M	-227.00M	-516.00M	-318.00M	85.00M	-1.13B	-274.00M
Capital Expenditure	447.00M	712.00M	1.23B	1.57B	2.20B	2.47B	3.38B	3.51B	3.47B	1.94B	1.64B	202.00M	97.00M	131.00M	127.00M	67.00M	136.00M	11.00M	8.00M	149.00M	9.00M
Free Cash Flow	3.20B	1.71B	1.41B	-2.44B	2.04B	-336.00M	442.00M	-1.73B	-394.00M	-1.45B	-2.24B	-331.00M	-770.00M	184.00M	279.00M	144.00M	-232.00M	-255.00M	-328.00M	1.63B	33.00M
Dividends Paid	-	275.00M	2.18B	807.00M	431.00M	700.00M	741.00M	1.05B	1.08B	1.11B	-	-	-	-	-	-	-	-	-	-	204.00M
FCF to OCF	87.76%	70.60%	53.46%	281.11%	48.15%	-15.77%	11.55%	-97.03%	-12.80%	-297.75%	371.31%	256.59%	114.41%	58.41%	68.72%	68.25%	241.67%	104.51%	102.50%	91.62%	76.74%
Dividend Paid to FCF	-	16.08%	155.08%	-33.07%	21.09%	-208.33%	167.65%	-60.87%	-274.62%	-76.74%	-	-	-	-	-	-	-	-	-	-	618.18%

Earnings

Report Date	Aug 23, 2004	Nov 15, 2004	Apr 26, 2005	Jul 28, 2005	Oct 26, 2005	Apr 26, 2006	Jul 27, 2006	Oct 24, 2006	Apr 25, 2007	Aug 2, 2007	Oct 23, 2007	Apr 24, 2008	Jul 31, 2008	Oct 23, 2008	Feb 24, 2009	Apr 30, 2009	Aug 13, 2009	Oct 22, 2009	Feb 17, 2010	Apr 23, 2010	Aug 12, 2010	Oct 22, 2010	Feb 17, 2011	May 6, 2011	Aug 12, 2011	Nov 2, 2011	Feb 17, 2012	May 9, 2012	Aug 14, 2012	Nov 2, 2012	Feb 15, 2013	May 8, 2013	Aug 27, 2013	Oct 6, 2013	Feb 13, 2014	Apr 30, 2014	Jul 17, 2014	Nov 7, 2014	Feb 9, 2015	Apr 28, 2015	Jul 16, 2015	Nov 2, 2015	Feb 17, 2016	May 2, 2016	Jul 14, 2016	Nov 1, 2016	Feb 16, 2017	May 3, 2017	Jul 13, 2017	Oct 25, 2017	Feb 13, 2018	May 3, 2018	Jul 13, 2018	Oct 31, 2018	Feb 13, 2019	May 2, 2019	Jul 17, 2019	Oct 28, 2019	Mar 25, 2020	Apr 28, 2020	Jul 16, 2020	Oct 29, 2020	Feb 10, 2021	Apr 29, 2021	Jul 15, 2021	Oct 29, 2021	Feb 9, 2022	Apr 28, 2022	Jul 13, 2022	Oct 26, 2022	Mar 29, 2023	Apr 27, 2023	Jul 13, 2023	Oct 26, 2023	Feb 14, 2024	Apr 25, 2024	Jul 11, 2024	Oct 31, 2024	Feb 13, 2025	Apr 30, 2025	Jul 10, 2025	Oct 30, 2025	Mar 20, 2026	Apr 29, 2026	Aug 21, 2026	Nov 11, 2026
EPS Estimate	0.17	0.33	0.57	0.66	0.84	1.26	1.38	2.41	1.84	2.16	2.24	2.32	2.49	2.54	-	2.11	-	1.63	1.70	1.61	-	1.51	1.69	2.42	1.13	-0.03	1.24	1.61	1.79	1.90	2.04	1.26	1.44	1.86	1.60	1.63	1.40	0.20	-0.10	-0.62	-0.54	-0.62	-0.70	-0.79	-0.91	-0.85	-0.75	-0.58	-0.53	-0.57	-0.44	-0.26	-0.21	0.04	0.07	0.34	0.08	0.12	0.20	-	0.27	0.34	0.31	0.05	0.04	-0.05	-0.02	0.06	0.06	-0.68	-0.73	-0.04	-0.25	-0.08	-	-0.03	0.22	0.20	-	-	0.14	0.23	0.26	0.07	-0.04	0.10
EPS Actual	0.16	0.15	0.47	0.69	0.94	1.36	1.66	1.25	2.01	2.30	2.29	2.44	2.40	1.75	-1.25	2.24	2.87	1.78	1.50	1.89	1.65	1.17	1.73	1.86	0.46	-0.83	2.50	1.85	2.01	2.04	1.39	1.00	0.44	1.46	1.73	1.12	1.47	-0.52	0.28	-1.19	-1.03	-0.83	-1.27	-0.83	-1.33	-0.61	-1.69	-0.71	-1.03	-0.60	-1.02	-0.15	0.44	0.04	-1.11	0.34	-0.13	0.12	0.12	-1.09	0.07	0.34	-0.47	-0.39	0.11	-0.84	4.51	-0.52	0.24	-0.68	-1.15	-0.10	-0.34	-0.37	-0.56	2.17	3.31	1.70	0.55	-0.72	-0.08	0.21	0.04	0.33	-0.04	-
Surprise	-5.88%	-54.55%	-17.54%	4.55%	11.90%	7.94%	20.29%	-48.13%	9.24%	6.48%	2.23%	5.17%	-3.61%	-31.10%	-	6.16%	-	9.20%	-11.76%	17.39%	-	-22.52%	2.37%	-23.14%	-59.29%	-2666.67%	101.61%	14.91%	12.29%	7.37%	-31.86%	-20.63%	-69.44%	-21.51%	8.13%	-31.29%	5.00%	-360.00%	380.00%	-91.94%	-90.74%	-33.87%	-81.43%	-5.06%	-46.15%	28.24%	-125.33%	-22.41%	-94.34%	-5.26%	-131.82%	42.31%	309.52%	0.00%	-1685.71%	0.00%	-262.50%	0.00%	-40.00%	-	-74.07%	0.00%	-251.61%	-880.00%	175.00%	-1580.00%	22650.00%	-966.67%	300.00%	0.00%	-57.53%	-157.25%	-36.00%	-362.50%	-	7333.33%	1404.55%	750.00%	-	-	-155.00%	-9.09%	-84.62%	366.43%	-0.75%	-
Timing	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	-	Pre-market	-	Pre-market	Pre-market	Pre-market	-	Pre-market	After-hours	Pre-market	After-hours	After-hours	Pre-market	After-hours	-	-	Pre-market	After-hours	Pre-market	After-hours	-	Pre-market	-	Pre-market	After-hours	-	-	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	After-hours	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	After-hours	After-hours	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	-	-	Pre-market	After-hours	Pre-market	After-hours	Pre-market	Pre-market

Key Statistics & Ratios

Market Cap3.54B

Enterprise Value3.01B

Trailing P/E25.96

Forward P/E2.89

PEG Ratio0.13

Price / Sales6.18

Price / Book0.74

EPS0.50

Book Value17.52

Revenue (TTM)573.00M

Gross Profit (TTM)245.00M

EBITDA245.00M

Profit Margin25.65%

Operating Margin54.49%

Return on Equity2.69%

Return on Assets2.16%

Shares Outstanding272.81M

Shares Float112.42M

Beta0.04

Dividend Yield15.90%

Dividend Rate2.00

Payout Ratio5.23%

Dividends

20264×

2.50Nov 13, 20260.50Aug 25, 20261.50May 18, 20260.40Feb 16, 2026

20252×

0.40Oct 31, 20250.35Jul 14, 2025

20141×

4.10Apr 11, 2014

20131×

4.00Apr 15, 2013

20121×

3.90Apr 16, 2012

20111×

2.75May 9, 2011

20101×

2.60Apr 9, 2010

20091×

1.60Apr 3, 2009

20081×

3.00Apr 4, 2008

20071×

40.00Mar 30, 2007

20061×

1.00Mar 16, 2006

Stock Splits

Mar 30, 20075:1