Aker ASA/Nkr AKER
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Aker ASA
Aker ASA is an industrial investment company based in Oslo, Norway. Its operations focus on several key industries, including oil and gas, renewable energy, and industrial software. Aker ASA manages a portfolio that includes significant stakes in other companies through strategic holdings, such as Aker BP in the oil sector and Aker Horizons in renewable energy. Founded in 1841, Aker has a long history and is known for its adaptive business strategy, which includes transitioning towards sustainable energy solutions. The company's operations are primarily concentrated in Norway, but it has a global outlook through its various investments and partnerships. Aker ASA leverages its deep industry expertise and strategic partnerships to maintain a robust investment portfolio across diverse sectors.
- Ticker
- Nkr AKER
- Sector
- Industrials
- Primary listing
- XOSL
- Employees
- 2,813
- Headquarters
- Lysaker, Norway
- Website
- www.akerasa.com
Aker ASA Metrics
BasicAdvanced
kr 87B
3.13
kr 375.61
0.25
kr 55.50
2.47%
Price and volume
Market cap
kr 87B
Beta
0.25
52-week high
kr 1,638.00
52-week low
kr 718.00
Average daily volume
156K
Dividend rate
kr 55.50
Financial strength
Current ratio
1.725
Quick ratio
0.403
Long term debt to equity
0.599
Total debt to equity
0.636
Dividend payout ratio (TTM)
14.75%
Interest coverage (TTM)
7.09%
Profitability
EBITDA (TTM)
28,947
Gross margin (TTM)
90.30%
Net profit margin (TTM)
69.30%
Operating margin (TTM)
68.20%
Effective tax rate (TTM)
-1.26%
Revenue per employee (TTM)
kr 14,310,000
Management effectiveness
Return on assets (TTM)
15.86%
Return on equity (TTM)
45.13%
Valuation
Price to earnings (TTM)
3.131
Price to revenue (TTM)
2.17
Price to book
1.3
Price to tangible book (TTM)
1.33
Price to free cash flow (TTM)
33.65
Free cash flow yield (TTM)
2.97%
Free cash flow per share (TTM)
34.948
Dividend yield (TTM)
4.72%
Forward dividend yield
2.47%
Growth
Revenue change (TTM)
213.17%
Earnings per share change (TTM)
673.03%
3-year revenue growth (CAGR)
60.89%
10-year revenue growth (CAGR)
-2.08%
3-year earnings per share growth (CAGR)
162.03%
10-year earnings per share growth (CAGR)
33.15%
3-year dividend per share growth (CAGR)
-1.12%
10-year dividend per share growth (CAGR)
11.23%
Bulls say / Bears say
Aker’s NAV rose by nearly NOK 40 billion to NOK 106 billion in the first half, after dividends. The agreed Cognite sale is expected to bring in NOK 14.7 billion and lift liquidity above NOK 20 billion, giving Aker more room to invest or reduce debt. (Aker ASA)
Nscale could provide a major growth driver: it secured Microsoft contracts covering more than 96,000 NVIDIA Rubin GPUs across Norway and Portugal, alongside USD 790 million in financing for its Narvik data-centre buildout. (Aker ASA)
Scope raised Aker’s credit outlook to positive, citing expectations that recurring cash income will rise to NOK 5.7 billion in 2026 and debt will move towards a net-cash position by the end of 2027. It also expects income from a broader range of portfolio companies to reduce reliance on Aker BP dividends. (Scope Ratings)
Nscale’s value could be vulnerable to a reassessment of AI infrastructure companies. Finansavisen reported that rising credit stress at CoreWeave and a rival’s shelved IPO weighed on Aker shares, although it noted Nscale has lower debt and contracted revenue. (Finansavisen)
Aker remains exposed to oil-price swings through Aker BP: in the second quarter, Aker BP’s value in Aker’s listed portfolio fell by NOK 7.7 billion as Brent dropped nearly 29%. That shows how a weaker oil market can quickly reduce Aker’s asset value. (E24)
Dividend cover may leave limited room for error: Scope expects total cost coverage of only 1.0–1.5 times through 2026–28, including an additional year-end dividend. It says that payment depends on Aker’s financial capacity, while proceeds from asset sales are not recurring income. (Scope Ratings)
Data summarised monthly by Lightyear AI. Last updated on 19 Oct 2026.
Aker ASA Financial Performance
Revenues and expenses
Aker ASA Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing Aker ASA
AllEURUSDGBP
Fund name | Fund size | Nkr AKER weighting |
|---|---|---|
iShares STOXX Europe 600 Financial Services€EXH2 | €104M | 0.50% |
Xtrackers MSCI Europe Small Cap£XXSC | $3.6B | 0.22% |
Xtrackers MSCI Europe Small Cap€DX2J | $3.6B | 0.22% |
L&G Global Quality Dividends£LDGG | $353M | 0.05% |
iShares MSCI World Small Cap£WLDS | $9B | 0.03% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.