Akastor ASA

Energy US AKKVF

1.2USD
-(-%)

Last update at 2025-06-12T13:30:00Z

Day Range

1.201.20
LowHigh

52 Week Range

0.751.25
LowHigh

Fundamentals

  • Previous Close 1.20
  • Market Cap315.52M
  • Volume0
  • P/E Ratio-
  • Dividend Yield56.03%
  • EBITDA195.00M
  • Revenue TTM1062.00M
  • Revenue Per Share TTM3.91
  • Gross Profit TTM -10.00000M
  • Diluted EPS TTM-0.18

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -259.00000M -235.00000M -383.00000M 191.00M -91.00000M
Minority interest -19.00000M -6.00000M 11.00M 18.00M 18.00M
Net income -276.00000M 919.00M -581.00000M 100.00M -322.00000M
Selling general administrative 79.00M 55.00M 281.00M 251.00M 220.00M
Selling and marketing expenses - - - - 50.00M
Gross profit 549.00M 537.00M 2364.00M 2504.00M 2023.00M
Reconciled depreciation 66.00M 260.00M 278.00M 270.00M 665.00M
Ebit 228.00M -37.00000M -23.00000M 300.00M 41.00M
Ebitda 294.00M 223.00M 255.00M 570.00M 706.00M
Depreciation and amortization 66.00M 260.00M 278.00M 270.00M 665.00M
Non operating income net other - - - 0.00000M 0.00000M
Operating income -76.00000M -82.00000M 53.00M 222.00M 109.00M
Other operating expenses 964.00M 822.00M 4525.00M 5138.00M 3690.00M
Interest expense 170.00M 145.00M 150.00M 148.00M 90.00M
Tax provision 2.00M -20.00000M 86.00M 44.00M 103.00M
Interest income 159.00M 118.00M 107.00M 114.00M 67.00M
Net interest income 0.00000M -37.00000M -78.00000M -45.00000M -15.00000M
Extraordinary items - - - 0.00000M 0.00000M
Non recurring - - - 0.00000M 0.00000M
Other items - - - 0.00000M 0.00000M
Income tax expense 2.00M -20.00000M 86.00M 44.00M 103.00M
Total revenue 1035.00M 913.00M 4580.00M 5360.00M 3717.00M
Total operating expenses 478.00M 446.00M 2309.00M 2282.00M 1996.00M
Cost of revenue 486.00M 376.00M 2216.00M 2856.00M 1694.00M
Total other income expense net -183.00000M -153.00000M -436.00000M -31.00000M -200.00000M
Discontinued operations 4.00M 1140.00M -47.00000M -54.00000M -128.00000M
Net income from continuing ops -261.00000M -215.00000M -469.00000M 147.00M -194.00000M
Net income applicable to common shares -276.00000M 919.00M -581.00000M 100.00M -322.00000M
Preferred stock and other adjustments - - - 0.00000M 0.00000M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 6804.00M 7212.00M 9147.00M 10578.00M 9005.00M
Intangible assets 37.00M 37.00M 289.00M 309.00M 136.00M
Earning assets - - - - -
Other current assets - 10.00M 155.00M 141.00M 1.00M
Total liab 2712.00M 3103.00M 5479.00M 6207.00M 4688.00M
Total stockholder equity 4056.00M 4091.00M 3657.00M 4353.00M 4317.00M
Deferred long term liab - 22.00M 172.00M 169.00M 112.00M
Other current liab 659.00M 695.00M 1909.00M 2719.00M 2953.00M
Common stock 161.00M 161.00M 161.00M 162.00M 162.00M
Capital stock 161.00M 161.00M 161.00M 162.00M 162.00M
Retained earnings 2355.00M 2730.00M 1808.00M 2415.00M 2369.00M
Other liab 561.00M 767.00M 926.00M 914.00M 897.00M
Good will 109.00M 108.00M 1306.00M 1284.00M 1124.00M
Other assets - 577.00M 659.00M 841.00M 1.00M
Cash 117.00M 89.00M 269.00M 544.00M 198.00M
Cash and equivalents - - - - -
Total current liabilities 1916.00M 892.00M 3492.00M 3333.00M 3203.00M
Current deferred revenue 315.00M 465.00M 1831.00M 2641.00M 2674.00M
Net debt 1308.00M 1453.00M 2070.00M 1579.00M 404.00M
Short term debt 1190.00M 98.00M 1278.00M 163.00M 14.00M
Short long term debt 1142.00M 16.00M 1119.00M 3.00M 14.00M
Short long term debt total 1425.00M 1542.00M 2339.00M 2123.00M 602.00M
Other stockholder equity 1540.00M 1200.00M 1688.00M 1776.00M 1786.00M
Property plant equipment 264.00M 292.00M 1485.00M 1297.00M 825.00M
Total current assets 1307.00M 1187.00M 3047.00M 4322.00M 3927.00M
Long term investments - - - 0.00000M 0.00000M
Net tangible assets - 3968.00M 2234.00M 2929.00M 3169.00M
Short term investments 162.00M 147.00M - 0.00000M 0.00000M
Net receivables 140.00M 920.00M 1965.00M 2801.00M 3180.00M
Long term debt 198.00M 1372.00M 628.00M 1444.00M 0.00000M
Inventory 5.00M 5.00M 485.00M 528.00M 548.00M
Accounts payable 67.00M 99.00M 305.00M 451.00M 236.00M
Total permanent equity - - - 0.00000M 0.00000M
Noncontrolling interest in consolidated entity - - - 0.00000M 0.00000M
Temporary equity redeemable noncontrolling interests - - - 0.00000M 0.00000M
Accumulated other comprehensive income - - - 0.00000M 0.00000M
Additional paid in capital - - - 0.00000M 0.00000M
Common stock total equity - - - 0.00000M 0.00000M
Preferred stock total equity - - - 0.00000M 0.00000M
Retained earnings total equity - - - 0.00000M 0.00000M
Treasury stock - - - 0.00000M 0.00000M
Accumulated amortization - - - 0.00000M 0.00000M
Non currrent assets other 841.00M 660.00M 2692.00M 2978.00M 2619.00M
Deferred long term asset charges - - - 0.00000M 0.00000M
Non current assets total 5497.00M 6025.00M 6100.00M 6256.00M 5077.00M
Capital lease obligations 85.00M 154.00M 592.00M 676.00M 0.00000M
Long term debt total - - - 0.00000M 0.00000M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments 619.00M -56.00000M -120.00000M -7.00000M -819.00000M
Change to liabilities 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Total cashflows from investing activities 619.00M 431.00M -219.00000M -555.00000M 247.00M
Net borrowings -318.00000M -517.00000M -228.00000M 515.00M -481.00000M
Total cash from financing activities -318.00000M -516.00000M -227.00000M 517.00M -481.00000M
Change to operating activities - -113.00000M 63.00M 24.00M 146.00M
Net income -257.00000M 925.00M -584.00000M 93.00M -322.00000M
Change in cash 30.00M -186.00000M -280.00000M 357.00M 30.00M
Begin period cash flow 89.00M 275.00M 555.00M 198.00M 168.00M
End period cash flow 119.00M 89.00M 275.00M 555.00M 198.00M
Total cash from operating activities -244.00000M -96.00000M 211.00M 406.00M 315.00M
Issuance of capital stock - - 2.00M 4.00M -
Depreciation 66.00M 260.00M 278.00M 270.00M 665.00M
Other cashflows from investing activities - 3.00M -1.00000M 21.00M -64.00000M
Dividends paid - - - 0.00000M 0.00000M
Change to inventory - - - 0.00000M 0.00000M
Change to account receivables - - - 0.00000M 0.00000M
Sale purchase of stock - - - 0.00000M 0.00000M
Other cashflows from financing activities 678.00M 956.00M 87.00M 982.00M 854.00M
Change to netincome - -984.00000M 634.00M 21.00M 310.00M
Capital expenditures 11.00M 136.00M 67.00M 127.00M 131.00M
Change receivables - - - 0.00000M 0.00000M
Cash flows other operating - - - 0.00000M 0.00000M
Exchange rate changes - - - 0.00000M 0.00000M
Cash and cash equivalents changes - - - 0.00000M 0.00000M
Change in working capital -187.00000M -113.00000M 63.00M 24.00M 146.00M
Stock based compensation - - - - -
Other non cash items 134.00M -1168.00000M 454.00M 19.00M -174.00000M
Free cash flow -255.00000M -232.00000M 144.00M 279.00M 184.00M

Peer Comparison

Sector: Energy Industry: Oil & Gas Equipment & Services

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
AKKVF
Akastor ASA
- -% 1.20 - - 0.30 0.68 0.40 14.42
SLB
Schlumberger NV
0.28 0.80% 35.91 14.01 12.05 1.70 2.86 1.94 8.58
BKR
Baker Hughes Co
0.40 1.02% 39.02 12.90 15.72 1.34 2.20 1.44 8.87
HAL
Halliburton Company
0.90 4.07% 22.88 12.44 10.36 1.42 3.54 1.72 8.38
TS
Tenaris SA ADR
-0.08 0.22% 35.95 5.88 7.97 1.37 1.24 1.19 3.33

Reports Covered

Stock Research & News

Profile

Akastor ASA operates as an oilfield services investment company in Norway, the United Kingdom, Denmark, Australia, and internationally. The company offers vessel-based subsea well construction and intervention services to the oil and gas industry. It also provides well design and drilling project management services; reservoir and field management services; and rig procurement, tailored training, software, and technical manpower services, as well as well and reservoir consultancy services. In addition, the company offers a range of offshore drilling equipment products and packages. It owns five offshore vessels. Akastor ASA was founded in 1841 and is based in Bærum, Norway.

Akastor ASA

Building B, Bærum, Norway, 1366

Key Executives

Name Title Year Born
Mr. Karl Erik Kjelstad Chief Exec. Officer 1966
Mr. Oyvind Paaske Chief Financial Officer 1985
Mr. Tore D. Langballe Head of Communications and Investor Relations NA
Mr. Eirik Thomassen Gen. Counsel NA
Mr. Paal Espen Johnsen Exec. VP & Investment Director 1974
Mr. Sander Seeberg Head of Tax NA
Ms. Jing Li Taklo Head of Financial Reporting NA
Mr. Kent Liane-Unsgaard Head of Compliance NA
Mr. Bruce Lethuillier Head of Treasury NA
Mr. Christian Starberg Sr. Financial Controller NA

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