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Aker

OB:AKER
Snowflake Description

Reasonable growth potential second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AKER
OB
NOK37B
Market Cap
  1. Home
  2. NO
  3. Diversified Financials
Company description

Aker ASA, an industrial investment company, operates in the oil and gas, maritime assets, and marine biotechnology sectors in Norway, the European Union, the Americas, Asia, and internationally. The last earnings update was 58 days ago. More info.


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AKER Share Price and Events
7 Day Returns
4.8%
OB:AKER
1.3%
Europe Diversified Financial
2.6%
NO Market
1 Year Returns
-25%
OB:AKER
-1.2%
Europe Diversified Financial
-9.1%
NO Market
AKER Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Aker (AKER) 4.8% 24.6% 2.6% -25% 88.3% 136.5%
Europe Diversified Financial 1.3% 8.9% 4.9% -1.2% 13.3% 41.7%
NO Market 2.6% 8% 2.6% -9.1% 31.3% 13.2%
1 Year Return vs Industry and Market
  • AKER underperformed the Diversified Financial industry which returned -1.2% over the past year.
  • AKER underperformed the Market in Norway which returned -9.1% over the past year.
Price Volatility
AKER
Industry
5yr Volatility vs Market
Related Companies

AKER Value

 Is Aker undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Aker. This is due to cash flow or dividend data being unavailable. The share price is NOK499.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Aker's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Aker's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OB:AKER PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in NOK NOK-13.65
OB:AKER Share Price ** OB (2019-09-13) in NOK NOK499
Europe Diversified Financial Industry PE Ratio Median Figure of 32 Publicly-Listed Diversified Financial Companies 14.53x
Norway Market PE Ratio Median Figure of 149 Publicly-Listed Companies 13.32x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Aker.

OB:AKER PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OB:AKER Share Price ÷ EPS (both in NOK)

= 499 ÷ -13.65

-36.56x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Aker is loss making, we can't compare its value to the Europe Diversified Financial industry average.
  • Aker is loss making, we can't compare the value of its earnings to the Norway market.
Price based on expected Growth
Does Aker's expected growth come at a high price?
Raw Data
OB:AKER PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -36.56x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
52.1%per year
Europe Diversified Financial Industry PEG Ratio Median Figure of 13 Publicly-Listed Diversified Financial Companies 1.8x
Norway Market PEG Ratio Median Figure of 110 Publicly-Listed Companies 0.72x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Aker, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Aker's assets?
Raw Data
OB:AKER PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in NOK NOK260.46
OB:AKER Share Price * OB (2019-09-13) in NOK NOK499
Europe Diversified Financial Industry PB Ratio Median Figure of 51 Publicly-Listed Diversified Financial Companies 1.01x
Norway Market PB Ratio Median Figure of 238 Publicly-Listed Companies 1.13x
OB:AKER PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OB:AKER Share Price ÷ Book Value per Share (both in NOK)

= 499 ÷ 260.46

1.92x

* Primary Listing of Aker.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Aker is overvalued based on assets compared to the Europe Diversified Financial industry average.
X
Value checks
We assess Aker's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Diversified Financial industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Diversified Financial industry average (and greater than 0)? (1 check)
  5. Aker has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

AKER Future Performance

 How is Aker expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
52.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Aker expected to grow at an attractive rate?
  • Aker's earnings growth is expected to exceed the low risk savings rate of 1.8%.
Growth vs Market Checks
  • Aker's earnings growth is expected to exceed the Norway market average.
  • Aker's revenues are expected to decrease over the next 1-3 years, this is below the Norway market average.
Annual Growth Rates Comparison
Raw Data
OB:AKER Future Growth Rates Data Sources
Data Point Source Value (per year)
OB:AKER Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 52.1%
OB:AKER Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts -103%
Europe Diversified Financial Industry Earnings Growth Rate Market Cap Weighted Average 25.7%
Europe Diversified Financial Industry Revenue Growth Rate Market Cap Weighted Average 0.3%
Norway Market Earnings Growth Rate Market Cap Weighted Average 15.1%
Norway Market Revenue Growth Rate Market Cap Weighted Average 4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OB:AKER Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in NOK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OB:AKER Future Estimates Data
Date (Data in NOK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 0 3,523 3,503 1
2020-12-31 0 3,113 3,073 2
2019-12-31 0 2,865 2,642 2
2019-09-14
OB:AKER Past Financials Data
Date (Data in NOK Millions) Revenue Cash Flow Net Income *
2019-06-30 45,162 2,507 -1,014
2019-03-31 43,663 3,885 -273
2018-12-31 42,163 5,262 468
2018-06-30 42,731 5,659 1,665
2018-03-31 41,800 4,037 1,138
2017-12-31 40,868 2,414 611
2017-06-30 40,096 5,222 -1,737
2017-03-31 41,203 7,310 -1,504
2016-12-31 43,348 9,369 -1,956
2016-09-30 45,799 11,114 211

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Aker's earnings are expected to grow significantly at over 20% yearly.
  • Aker's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OB:AKER Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Aker Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OB:AKER Future Estimates Data
Date (Data in NOK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 47.47 47.47 47.47 1.00
2020-12-31 41.45 42.37 40.80 3.00
2019-12-31 35.66 35.91 35.42 2.00
2019-09-14
OB:AKER Past Financials Data
Date (Data in NOK Millions) EPS *
2019-06-30 -13.65
2019-03-31 -3.68
2018-12-31 6.30
2018-06-30 22.41
2018-03-31 15.32
2017-12-31 8.22
2017-06-30 -23.38
2017-03-31 -20.25
2016-12-31 -26.34
2016-09-30 2.84

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Aker is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Aker's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Aker has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

AKER Past Performance

  How has Aker performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Aker's growth in the last year to its industry (Diversified Financial).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Aker does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Aker's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Aker's 1-year growth to the Europe Diversified Financial industry average as it is not currently profitable.
Earnings and Revenue History
Aker's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Aker Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OB:AKER Past Revenue, Cash Flow and Net Income Data
Date (Data in NOK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 45,162.00 -1,014.00 1,426.00
2019-03-31 43,662.50 -273.00 1,426.00
2018-12-31 42,163.00 468.00 1,426.00
2018-06-30 42,731.00 1,665.00 1,508.00
2018-03-31 41,799.50 1,138.00 1,508.00
2017-12-31 40,868.00 611.00 1,508.00
2017-06-30 40,096.00 -1,737.00 1,458.00
2017-03-31 41,202.50 -1,504.00 1,458.00
2016-12-31 43,348.00 -1,956.00 1,458.00
2016-09-30 45,799.00 211.00 2,441.00
2016-06-30 49,675.00 1,044.00 2,441.00
2016-03-31 68,487.00 -2,248.00 3,826.00
2015-12-31 58,470.00 1,225.00 2,441.00
2015-09-30 65,020.00 -634.00 3,003.00
2015-06-30 67,920.00 -783.00 3,003.00
2015-03-31 71,088.00 -1,230.00 3,003.00
2014-12-31 70,782.00 -2,689.00 3,003.00
2014-09-30 66,797.00 -2,005.00 3,152.00
2014-06-30 64,533.00 -1,755.00 3,152.00
2014-03-31 62,765.00 -1,185.00 3,152.00
2013-12-31 61,382.00 291.00 3,152.00
2013-09-30 46,368.00 545.00 580.00
2013-06-30 33,507.00 418.00 580.00
2013-03-31 19,200.00 149.00 580.00
2012-12-31 5,952.00 3.00 580.00
2012-09-30 5,553.00 520.00 65.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Aker has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Aker used its assets less efficiently than the Europe Diversified Financial industry average last year based on Return on Assets.
  • It is difficult to establish if Aker improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Aker's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Diversified Financial industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Aker has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

AKER Health

 How is Aker's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Aker's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Aker is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Aker's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Aker's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Aker Company Filings, last reported 2 months ago.

OB:AKER Past Debt and Equity Data
Date (Data in NOK Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 38,793.00 36,931.00 10,802.00
2019-03-31 38,793.00 36,931.00 10,802.00
2018-12-31 41,917.00 30,427.00 9,786.00
2018-06-30 40,024.00 28,960.00 10,579.00
2018-03-31 40,024.00 28,960.00 10,579.00
2017-12-31 40,060.00 28,124.00 8,148.00
2017-06-30 39,174.00 28,469.00 7,964.00
2017-03-31 39,174.00 28,469.00 7,964.00
2016-12-31 40,019.00 30,301.00 12,718.00
2016-09-30 38,922.00 31,653.00 12,112.00
2016-06-30 27,568.00 29,766.00 10,409.00
2016-03-31 28,573.00 52,565.00 11,397.00
2015-12-31 29,419.00 51,695.00 10,388.00
2015-09-30 31,003.00 52,553.00 11,147.00
2015-06-30 31,831.00 50,027.00 9,853.00
2015-03-31 32,374.00 48,990.00 12,634.00
2014-12-31 31,392.00 43,962.00 12,091.00
2014-09-30 31,594.00 30,610.00 8,712.00
2014-06-30 30,027.00 28,984.00 8,448.00
2014-03-31 32,287.00 29,430.00 11,070.00
2013-12-31 28,503.00 30,778.00 9,843.00
2013-09-30 20,443.00 18,443.00 7,661.00
2013-06-30 19,060.00 17,796.00 6,357.00
2013-03-31 19,309.00 14,589.00 4,759.00
2012-12-31 18,810.00 13,577.00 5,471.00
2012-09-30 18,864.00 13,075.00 6,979.00
  • Aker's level of debt (95.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (91.2% vs 95.2% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Information is not available.
  • Unable to confirm if Aker has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Aker's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Aker has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

AKER Dividends

 What is Aker's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.51%
Current annual income from Aker dividends. Estimated to be 4.88% next year.
If you bought NOK2,000 of Aker shares you are expected to receive NOK90 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Aker's pays a higher dividend yield than the bottom 25% of dividend payers in Norway (2.49%).
  • Aker's dividend is below the markets top 25% of dividend payers in Norway (6.47%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OB:AKER Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
Europe Diversified Financial Industry Average Dividend Yield Market Cap Weighted Average of 31 Stocks 3.2%
Norway Market Average Dividend Yield Market Cap Weighted Average of 115 Stocks 4.5%
Norway Minimum Threshold Dividend Yield 10th Percentile 1.5%
Norway Bottom 25% Dividend Yield 25th Percentile 2.5%
Norway Top 25% Dividend Yield 75th Percentile 6.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OB:AKER Future Dividends Estimate Data
Date (Data in NOK) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 26.25 2.00
2020-12-31 25.03 4.00
2019-12-31 22.76 4.00
2019-09-14
OB:AKER Past Annualized Dividends Data
Date (Data in NOK) Dividend per share (annual) Avg. Yield (%)
2019-02-14 22.500 4.220
2018-02-22 18.000 3.201
2017-03-31 16.000 4.792
2016-04-01 10.000 3.956
2016-02-23 10.000 6.394
2015-03-27 10.000 6.146
2015-02-27 10.000 5.814
2014-03-24 13.000 6.809
2014-03-21 13.000 6.780
2014-02-28 13.000 6.787
2013-03-22 12.000 6.258
2013-02-22 12.000 5.495
2012-03-29 11.000 5.856
2012-02-29 11.000 5.967
2011-03-24 10.000 6.763
2011-02-25 10.000 6.188
2010-02-25 8.000 6.086
2010-01-04 8.000 5.055
2009-02-27 5.000 3.607

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Aker's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.7x coverage).
X
Income/ dividend checks
We assess Aker's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Aker afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Aker has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

AKER Management

 What is the CEO of Aker's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Øyvind Eriksen
COMPENSATION NOK28,785,480
AGE 55
CEO Bio

Mr. Øyvind Eriksen has been the Chief Executive Officer of Aker ASA since December 2008 and serves as its President. Mr. Eriksen served as an Interim Chief Executive Officer at Aker Solutions ASA (now known as Akastor ASA) since June 2010. He joined Aker Solutions ASA on January 1, 2009. Mr. Eriksen served as the Managing Director of Aker ASA. He joined Norwegian law firm BA-HR in 1990, where he was a Partner in 1996. He has been the Chairman of Aker BP ASA since March 11, 2016. Mr. Eriksen serves as the Chairman of Converto Capital Fund. He has been the Chairman of BA-HR since 2003. Mr. Eriksen served as the Chairman of The Corporate Assembly at Aker BP ASA. He serves as the Chairman of Aker Kvaerner Subsea AS and Aker Holding AS. Mr. Eriksen serves as the Chairman of the Board of Aker Solutions AS since April 2010. He has been a Director of Aker Solutions since June 2010, Akastor ASA since 2011 and BA-HR since 2003. Mr. Eriksen serves as a Director of Qinterra AS, Midsona Norge AS, Reitangruppen AS, The Resource Group TRG AS and TRG Holding AS. He served as the Chairman at Akastor ASA from June 2010 to October 08, 2015 and has been its Director since 2011. Mr. Eriksen served as a Director of Havfisk ASA, Aker ASA and Aker Clean Carbon AS. He served as Member of Corporate board at Aker BP ASA. Mr. Eriksen holds a Law degree from Oslo University.

CEO Compensation
  • Øyvind's compensation has increased whilst company is loss making.
  • Øyvind's remuneration is higher than average for companies of similar size in Norway.
Management Team Tenure

Average tenure and age of the Aker management team in years:

5.1
Average Tenure
49
Average Age
  • The average tenure for the Aker management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Kjell Røkke

TITLE
Owner & Chairman
COMPENSATION
NOK645K
AGE
61
TENURE
23.7 yrs

Øyvind Eriksen

TITLE
President & CEO
COMPENSATION
NOK29M
AGE
55

Svein Stoknes

TITLE
Chief Financial Officer
AGE
48
TENURE
0.1 yrs

Kristian Røkke

TITLE
Chief Investment Officer
AGE
36
TENURE
1.7 yrs

Torbjørn Kjus

TITLE
Chief Economist & Head of Investor Relations
AGE
49
TENURE
0.7 yrs

Arild Frick

TITLE
General Counsel
AGE
39
TENURE
5.1 yrs

Atle Kigen

TITLE
Head of Corporate Communication
AGE
61
TENURE
9.5 yrs

Torstein Storækre

TITLE
Head of Fornebuporten
AGE
41

Baard Snekkevik

TITLE
Corporate Treasurer
AGE
53

Ove Taklo

TITLE
Corporate Controller
TENURE
6.3 yrs
Board of Directors Tenure

Average tenure and age of the Aker board of directors in years:

6.4
Average Tenure
61.5
Average Age
  • The tenure for the Aker board of directors is about average.
Board of Directors

Kjell Røkke

TITLE
Owner & Chairman
COMPENSATION
NOK645K
AGE
61

Finn Berg-Jacobsen

TITLE
Deputy Chairman
COMPENSATION
NOK600K
AGE
79

Atle Tranøy

TITLE
Employee Representative Director
COMPENSATION
NOK313K
AGE
62
TENURE
12.7 yrs

Kristin Devold

TITLE
Director
AGE
58
TENURE
12.7 yrs

Karen Simon

TITLE
Director
AGE
60
TENURE
6.4 yrs

Arnfinn Stensø

TITLE
Employee Representative Director
AGE
62
TENURE
6.4 yrs

Tommy Angelveit

TITLE
Employee Representative Director
AGE
54
TENURE
2.3 yrs

Bernt Kilnes

TITLE
Deputy Employee Representative of the Board
AGE
70
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Aker individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (NOK) Value (NOK)
22. Aug 19 Buy Svein Stoknes Individual 22. Aug 19 22. Aug 19 1,000 NOK436.95 NOK436,950
X
Management checks
We assess Aker's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Aker has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

AKER News

Simply Wall St News

Trade Alert: The Chief Financial Officer Of Aker ASA (OB:AKER), Svein Stoknes, Has Just Spent kr437k Buying Shares

Check out our latest analysis for Aker The Last 12 Months Of Insider Transactions At Aker Notably, that recent purchase by Svein Stoknes is the biggest insider purchase of Aker shares that we've seen in the last year. … That means that even when the share price was higher than kr426 (the recent price), an insider wanted to purchase shares. … OB:AKER Recent Insider Trading, August 27th 2019 Insider Ownership of Aker For a common shareholder, it is worth checking how many shares are held by company insiders.

Simply Wall St -

What Kind Of Share Price Volatility Should You Expect For Aker ASA (OB:AKER)?

Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … This is reasonably close to the market beta of 1, so the stock has in the past displayed similar levels of volatility to the overall market. … We shouldn't be surprised to see a large company like this with a beta value quite close to the market average.

Simply Wall St -

What Type Of Shareholder Owns Aker ASA's (OB:AKER)?

Generally speaking, as a company grows, institutions will increase their ownership. … We also tend to see lower insider ownership in companies that were previously publicly owned. … Private Company Ownership Our data indicates that Private Companies hold 67%, of the company's shares.

Simply Wall St -

Is There Now An Opportunity In Aker ASA (OB:AKER)?

Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at the company's future expectations. … AKER’s optimistic future growth appears to have been factored into the current share price, with shares trading above its fair value. … If you believe AKER should trade below its current price, selling high and buying it back up again when its price falls towards its real value can be profitable.

Simply Wall St -

How Much is Aker ASA's (OB:AKER) CEO Getting Paid?

Øyvind Eriksen is the CEO of Aker ASA (OB:AKER). … Check out our latest analysis for Aker How Does Øyvind Eriksen's Compensation Compare With Similar Sized Companies? … We examined the amount Aker ASA pays its CEO, and compared it to the amount paid by similar sized companies.

Simply Wall St -

What To Know Before Buying Aker ASA (OB:AKER) For Its Dividend

Unfortunately, one common occurrence with dividend companies is for investors to be enticed in by the seemingly attractive yield, and lose money when the company has to cut its dividend payments.. … In this case, Aker likely looks attractive to investors, given its 3.3% dividend yield and a payment history of over ten years.! … Before you buy any stock for its dividend however, you should always remember Warren Buffett's two rules: 1) Don't lose money, and 2) Remember rule #1

Simply Wall St -

If You Had Bought Aker (OB:AKER) Shares Three Years Ago You'd Have A Total Return Of 390%

By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … During three years of share price growth, Aker moved from a loss to profitability. … That kind of transition can be an inflection point that justifies a strong share price gain, just as we have seen here.

Simply Wall St -

Aker ASA (OB:AKER): A Fundamentally Attractive Investment

Aker ASA (OB:AKER) is a company with exceptional fundamental characteristics. … Upon building up an investment case for a stock, we should look at various aspects. … In the case of AKER, it.

Simply Wall St -

Should You Investigate Aker ASA (OB:AKER) At øre604?

Aker ASA (OB:AKER), which is in the diversified financial business, and is based in Norway,. … As a well-established company, which tends to be well-covered by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock? … Let’s take a look at Aker’s outlook and value based on the most recent financial data to see if the opportunity still exists

Simply Wall St -

Should You Worry About Aker ASA's (OB:AKER) CEO Pay?

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Øyvind Eriksen's Compensation Compare With Similar Sized Companies. … Our data indicates that Aker ASA is worth øre34b, and total annual CEO compensation is øre26m.

Simply Wall St -

AKER Company Info

Description

Aker ASA, an industrial investment company, operates in the oil and gas, maritime assets, and marine biotechnology sectors in Norway, the European Union, the Americas, Asia, and internationally. It operates through two segments, Industrial Holdings and Financial Investments. The company supplies products, systems, and services for the oil and gas industry; provides engineering and construction services to the energy and process industries; and explores for and produces oil and gas on the Norwegian continental shelf. It also develops, manufactures, markets, and sells krill-based ingredients to the consumer health, wellness, and fish and animal nutrition markets; and designs, constructs, owns, operates, and charters vessels. It owns 40 vessels. The company was founded in 1841 and is based in Lysaker, Norway. Aker ASA is a subsidiary of TRG Holding AS.

Details
Name: Aker ASA
AKER
Exchange: OB
Founded: 1841
NOK37,064,821,301
74,278,199
Website: http://www.akerasa.com
Address: Aker ASA
Oksenøyveien 10,
Lysaker,
Akershus, 1366,
Norway
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OB AKER Series A Shares Oslo Bors NO NOK 08. Sep 2004
OTCPK AKAA.F Series A Shares Pink Sheets LLC US USD 08. Sep 2004
DB FKM Series A Shares Deutsche Boerse AG DE EUR 08. Sep 2004
LSE 0MJX Series A Shares London Stock Exchange GB NOK 08. Sep 2004
BATS-CHIXE AKERO Series A Shares BATS 'Chi-X Europe' GB NOK 08. Sep 2004
Number of employees
Current staff
Staff numbers
19,979
Aker employees.
Industry
Multi-Sector Holdings
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/14 20:33
End of day share price update: 2019/09/13 00:00
Last estimates confirmation: 2019/08/28
Last earnings filing: 2019/07/18
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.