Trade Aker Solutions - AKSO CFD

Aker Solutions Company profile

About Aker Solutions ASA

Aker Solutions ASA is a Norway-based company active in the oil and gas industry. The Company provides products, systems and services ranging from concept studies and front-end engineering to subsea production systems and services for enhancing and extending the life of a field. The operations are managed through value-chain based delivery centers. It operates through two segments: Projects and Services. The Projects segment provides subsea equipment and systems, engineering and procurement in addition to brownfield maintenance, modifications and hook-up. The Services segment includes maintenance, repair, spares supply, installation and commissioning of subsea equipment and production asset through regional service bases. The main customers are international, national and independent oil and gas and energy companies. The Company is active worldwide.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Aker Solutions ASA revenues increased less than 1% to NOK29.47B. Net income totaled NOK254M vs. loss of NOK1.54B. Revenues reflect Electrification, Maintenance and Modifications segment increase of 7% to NOK9B, Subsea segment increase of 3% to NOK9.68B, Norway segment increase of 22% to NOK23.07B, also reflect Other segment decrease of 76% to NOK200M.