Borgestad ASA Income Statement

Financials in millions NOK. Fiscal year is January - December.

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,126	1,140	1,106	918.77	883.26
Revenue Growth (YoY)	-1.25%	3.08%	20.40%	4.02%	5.28%
Cost of Revenue	504.08	528.95	582.57	444.87	297.12
Gross Profit	621.89	611.31	523.63	473.9	586.14
Selling, General & Admin	390.48	394.86	347.11	292.53	253.59
Other Operating Expenses	124.12	82.85	68.76	131.71	297.86
Operating Expenses	554.43	512.44	447.62	456.04	584.75
Operating Income	67.46	98.87	76.01	17.86	1.39
Interest Expense	-30.45	-27.4	-51.91	-47.43	-52.66
Interest & Investment Income	-	6.41	21.46	1.25	-
Currency Exchange Gain (Loss)	-0.34	1.39	6.36	-6.84	-2.14
Other Non Operating Income (Expenses)	2.06	-2.45	2.21	0.93	-0.92
EBT Excluding Unusual Items	38.73	76.82	54.13	-34.22	-54.33
Gain (Loss) on Sale of Investments	-	-	-1.31	-	-27.57
Gain (Loss) on Sale of Assets	-	5.47	0.02	1.24	41.93
Asset Writedown	-14.86	-	-90.13	-91.34	-
Pretax Income	23.87	82.29	-37.28	-124.32	-39.97
Income Tax Expense	20.4	20.52	26.31	1.79	-16.38
Earnings From Continuing Operations	3.47	61.76	-63.59	-126.11	-23.6
Minority Interest in Earnings	-5.02	-16.54	-14.69	1.3	-0.48
Net Income	-1.55	45.23	-78.28	-124.81	-24.08
Net Income to Common	-1.55	45.23	-78.28	-124.81	-24.08
Shares Outstanding (Basic)	39	35	8	3	0
Shares Outstanding (Diluted)	39	35	8	3	0
Shares Change (YoY)	10.59%	312.51%	203.17%	781.84%	0.02%
EPS (Basic)	-0.04	1.29	-9.21	-44.52	-75.73
EPS (Diluted)	-0.04	1.29	-9.21	-44.52	-75.73
Free Cash Flow	13.47	141.82	129	-63	-13.43
Free Cash Flow Per Share	0.35	4.04	15.18	-22.47	-42.24
Dividend Per Share	0.500	0.800	-	-	-
Dividend Growth	-37.50%	-	-	-	-
Gross Margin	55.23%	53.61%	47.34%	51.58%	66.36%
Operating Margin	5.99%	8.67%	6.87%	1.94%	0.16%
Profit Margin	-0.14%	3.97%	-7.08%	-13.58%	-2.73%
Free Cash Flow Margin	1.20%	12.44%	11.66%	-6.86%	-1.52%
EBITDA	107.29	117.85	94.5	38.39	24.43
EBITDA Margin	9.53%	10.33%	8.54%	4.18%	2.77%
D&A For EBITDA	39.83	18.98	18.49	20.52	23.05
EBIT	67.46	98.87	76.01	17.86	1.39
EBIT Margin	5.99%	8.67%	6.87%	1.94%	0.16%
Effective Tax Rate	85.45%	24.94%	-	-	-
Revenue as Reported	-	1,169	1,141	931.73	946.9

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.