Aker Horizons ASA
AKH
ISIN NO0010921232 / Valor 59719450
Aker Horizons ASA
UMushroom community rating:
About company
Aker Horizons ASA is a company focused on developing green energy and green industry to facilitate the transition to Net Zero. Specializing in renewable energy, carbon capture, and hydrogen, the company also undertakes industrial-scale decarbonization projects. Leveraging the industrial, technological, and capital markets expertise of the Aker group, Aker Horizons aims to drive global decarbonization efforts with a planet-positive purpose. Listed on the Oslo Stock Exchange and headquartered in Fornebu, Norway, the company has a presence on five continents.
Summarized from source with an LLMView SourceSector: Business ServicesLatest Results (20.08.2024):
Income Statement
Aker Horizons ASA reported its consolidated income statement for Q2 2024, showing total operating revenues and other income of NOK 757 million, up from NOK 514 million in Q1 2024. The company faced operating expenses of NOK 761 million, resulting in an EBITDA of NOK -3 million for the quarter.
Net Profit
For Q2 2024, Aker Horizons ASA achieved a net profit of NOK 4,379 million, a significant turnaround from the net loss of NOK 845 million in Q1 2024. This improvement was largely driven by a profit from discontinued operations amounting to NOK 4,885 million.
Net Capital Employed
Aker Horizons ASA's net capital employed increased from NOK 3,748 million in Q1 2024 to NOK 7,107 million in Q2 2024. This rise was primarily due to the net profit of NOK 2,111 million and additional investments amounting to NOK 201 million.
Debt Financing
As of June 30, 2024, Aker Horizons ASA had various debt financing facilities and commitments totaling NOK 8,198 million. This includes a senior unsecured green bond of NOK 2,500 million and a subordinated shareholder loan of NOK 2,479 million, among others.
Equity and Book Value
The book value per share for Aker Horizons ASA stood at NOK 5.4 at the end of Q2 2024, reflecting an increase from NOK 5.3 in Q1 2024. The company's equity also saw a rise, contributing to the overall financial stability and growth outlook.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
130 M
Market cap (USD)
2,775,853
Daily traded volume (Shares)
2.25 / 2.1
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
EQUITIES OF THE SAME SECTOR
