Industrial Holdings
Industrial Holdings are strategic investments managed with a long-term perspective. This part of the portfolio consists of the following listed companies: Aker BP, Aker Solutions, Aker BioMarine, Solstad Offshore, and Aker Horizons. The unlisted companies are: Solstad Maritime, Cognite, Aize, and Aker Qrill Company.
Aker's ownership is primarily exercised through the board of each company. Through active board participation and in collaboration with the companies’ management, Aker takes an active role in the development of each company in the industrial holdings portfolio. The investments are followed up by Aker’s management with support from a dedicated investment team. As an active owner, Aker’s ownership agenda is to contribute to good returns for all shareholders. Aker focuses on strong leadership, proper organization, profitability, growth, optimal capital structure, and financial initiatives through transactions (M&A).
The total value of industrial holdings was NOK 53.7 billion at the end of 2024. This represented 82 percent of the gross asset value of Aker ASA and holding companies. In total, Aker received NOK 9.3 billion in dividends and NOK 1.8 billion in capital repayment from the industrial holdings’ portfolio companies in 2024.
Financial investments
Financial investments include the following assets: other listed investments, cash holdings, real estate, active asset management, interest-bearing receivables, and other investments.
Other listed investments consist of the following: Akastor, AMSC, and Philly Shipyard.
The portfolio also includes ownership in several unlisted companies, as well as active asset management through the investment company, Industry Capital Partners (ICP), as well as real estate investments through Aker Property Group.
The total value of financial investments was NOK 11.7 billion at the end of 2024, including NOK 0.6 billion in cash. This represented 18 percent of the gross asset value of Aker ASA and holding companies. In total, Aker received NOK 0.1 billion in dividends from portfolio companies in this reporting segment in 2024.