Revenue distribution by industry:

• Energy (including oil and gas): approx. 55%
• Renewable energies: approx. 20%
• Industry and technology: approx. 15%
• Other segments (including financial services): approx. 10%

TOP 3 markets:

1. Norway: approx. 35%
2. Europe (excluding Norway): approx. 25%
3. North America: approx. 20%

Aker ASA generates the majority of its revenue from the energy sector, with the traditional oil and gas sector continuing to play a significant role. In recent years, however, the company has increasingly invested in renewable energies, which is reflected in a growing share of revenue in this area.

Norway remains the most important market for Aker ASA, followed by other European countries and North America. These markets benefit from the company's strong presence and established business relationships.

Production Sites of Aker ASA:

Aker ASA is a Norwegian company mainly active in the fields of energy, maritime industry, and environmental technologies. The production sites of Aker ASA are globally distributed, with a focus on Norway.

The company operates several production facilities in Norway, particularly in regions like Oslo and Stavanger, known for their maritime and energy infrastructure. Additionally, Aker ASA also has production capacities in other parts of Europe, as well as in Asia and North America, to better serve their international projects and customers.

This geographical diversification enables Aker ASA to flexibly respond to market demands while ensuring proximity to key customers and resources.

Growth Strategy: Diversification and Sustainability

Aker ASA pursues a strategy of diversification and sustainability to secure future growth. The company has increased its investments in renewable energy and sustainable technologies to benefit from the global energy transition.

One focus is on developing projects in the offshore wind energy sector and advancing technologies for carbon capture and storage. Aker ASA leverages its expertise in offshore technologies to establish a presence in these high-growth sectors.

Furthermore, the company relies on strategic partnerships and joint ventures to expand its market presence and leverage synergies. These measures are intended not only to promote growth but also to enhance the company's resilience to market fluctuations.

Main raw materials: Oil, gas, renewable energies

Countries of origin: Norway, United Kingdom, USA

Aker ASA is a Norwegian company that is heavily involved in the fields of oil, gas, and renewable energies. The main raw materials imported by Aker ASA are oil and gas, which mainly come from the North Sea. Norway itself is a significant producer, but Aker also imports from the United Kingdom and the USA to complement and diversify its production capacities.

In recent years, Aker ASA has also increased its investments in renewable energies, particularly in offshore wind energy projects. These projects require the import of specific materials and technologies, which are often sourced from European countries and the USA.

Market Capitalization: 9.5 billion NOK (2025, estimated) Return on Equity (ROE): 12.4% (2024) EBITDA Margin: 18.5% (2024)

Aker ASA has a significant competitive advantage due to its diversified portfolio structure, which allows the company to spread risks and benefit from various industries. Its investments cover areas such as energy, environmental technologies, and renewable energies, giving Aker ASA a strategic position in high-growth markets.

The return on equity of 12.4% indicates that the company efficiently utilizes capital to generate profits. This is an indicator of strong financial performance compared to many competitors in the industry.

The EBITDA margin of 18.5% highlights Aker ASA's ability to achieve operational efficiency and control costs, leading to solid profitability. These metrics, combined with the strategic focus on future-oriented sectors, strengthen the company's competitive advantage.

Institutional Investor Share: 58% (2025, estimated)

Insider Buys/Sells: No significant changes in the last year (2024)

The institutional investor share in Aker ASA is estimated at 58%, indicating a strong trust from institutional investors in the company. These investors typically include pension funds, investment funds, and other large financial institutions seeking long-term investments.

There were no significant insider buys or sells in the last year, suggesting that the management and other insiders are satisfied with the current company strategy and valuation. This can be interpreted as a positive signal for the stability and confidence in the company's future development.

Market share of Aker ASA: 5% (estimated, 2025)

Main competitors and their market shares:

1. Equinor ASA: 20%
2. DNO ASA: 10%
3. Lundin Energy: 8%
4. Aker BP ASA: 7%
5. Vår Energi: 6%
6. Aker ASA: 5%
7. Wintershall Dea: 4%
8. Neptune Energy: 3%
9. OMV Norge: 2%
10. ConocoPhillips Norway: 2%

Aker ASA has a moderate market share compared to its competitors, especially in the Norwegian energy sector. The largest competitor, Equinor ASA, dominates the market with a significant lead.

Economic moat of Aker ASA:

Aker ASA has a certain economic moat through its diversification into various sectors of the energy and industrial industry, including oil and gas, renewable energy, and maritime services. This diversification allows the company to better manage risks and benefit from various growth opportunities.

However, compared to its competitors, the economic moat of Aker ASA is less pronounced. Companies like Equinor ASA have a significant advantage due to their size, extensive resources, and strong market presence. Equinor benefits from a strong global presence and extensive investments in renewable energy, which strengthen their economic moat.

Overall, Aker ASA has strategic advantages, but compared to larger and more specialized competitors, its economic moat is less pronounced.

Revenue Growth: 8.5% (2024) Profit Growth: 10.2% (2024) Return on Equity: 12% (2024)

Aker ASA recorded solid revenue growth of 8.5% in 2024, attributed to successful diversification of its business segments and strong demand in core sectors. The 10.2% profit growth indicates that the company operates efficiently and manages its cost structure well.

The 12% return on equity suggests that Aker ASA is able to effectively utilize invested capital to generate profits. This is a positive signal for investors aiming for sustainable returns.

Additionally, in recent years, Aker ASA has invested in new technologies and sustainable energy projects, which could further strengthen its future growth potential. These strategic investments could lead to a stronger market position and higher returns in the long term.

Overall, Aker ASA demonstrates robust financial performance and strategic foresight, making the stock a potentially good investment, especially for investors interested in long-term growth.

Dividend Yield: 4.5% (2025, estimated)
Dividend History: Regular payouts in recent years

Aker ASA has regularly paid dividends to its shareholders in the past. The dividend yield for the year 2025 is estimated to be around 4.5%, based on current market data and the company's historical payouts.

The reliability of dividend payments from Aker ASA is relatively high, as the company has a solid financial position and a strong industry presence. Historically, Aker ASA has maintained its dividend policy, even in economically challenging times, indicating stable profitability and good management.