Company Profile For Aker ASA

Aker ASA (AKER.OL) (Oslo Stock Exchange)

sector: Energy · industry: Oil Related Services & Equipment ·

As of 1:51pm IST

145.00NOK

Price Change

-3.00

Percent Change

-2.03%

Analyst Recommendations

Overview

Aker ASA is a Norway-based company, engaged in the provision of services for industrial sectors. It is a parent company within Aker Group, which is active in such segments as energy resources, energy technologies, maritime technologies, seafood, and marine biotechnology. The Company's main subsidiaries include an engineering company, Aker Kvaerner; rig companies, Aker Floating Production and Aker Drilling; an offshore exploration company, Aker Exploration; a subsea services company, Aker Oilfield Services; ships and tankers owner, Aker American Shipping; a shipyard vessel constructor, Aker Philadelphia Shipyard; a biotechnology company, Aker BioMarine, as well as Aker Seafoods, which specializes in harvesting, processing, and selling of ocean seafood.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Aker ASA's revenue decreased 10% to NOK4.43B. Net loss from continuing operations increased from NOK197M to NOK1.02B. Revenue reflects decreased income Aker Capital Fund. Higher net loss from continuing operations reflects an increase in depreciation and amortization charges as well as a higher loss from other items and the presence of impairment charges.