Akastor ASA

Oslo Stock Exchange AKAST.OL

Akastor ASA Interest Coverage Ratio for the year ending December 31, 2023: -1.15

Akastor ASA Interest Coverage Ratio is -1.15 for the year ending December 31, 2023, a -309.32% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Akastor ASA Interest Coverage Ratio for the year ending December 31, 2022 was 0.55, a -19.06% change year over year.
Akastor ASA Interest Coverage Ratio for the year ending December 31, 2021 was 0.68, a 171.90% change year over year.
Akastor ASA Interest Coverage Ratio for the year ending December 31, 2020 was -0.94, a -127.17% change year over year.
Akastor ASA Interest Coverage Ratio for the year ending December 31, 2019 was 3.46, a 85.33% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

Oslo Stock Exchange: AKAST.OL

Akastor ASA

CEO	Mr. Karl Erik Kjelstad
IPO Date	April 2, 2004
Location	Norway
Headquarters	Building B
Employees	11
Sector	Energy
Industries Offshore Drilling Drilling Fracking Oil & Gas

Description

Akastor ASA operates as an oilfield services investment company. The company offers vessel-based subsea well construction and intervention services to the oil and gas industry. It also provides well design and drilling project management services; reservoir and field management services; rig procurement, tailored training, software, and technical manpower services, as well as well and reservoir consultancy services. In addition, the company owns five offshore vessels. Akastor ASA was founded in 1841 and is based in Bærum, Norway.

Key trends

Past 5 years