Bouvet 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	3,912	3,921	3,526	3,085	2,695
Revenue Growth (YoY)	-0.23%	11.22%	14.27%	14.48%	12.21%
Cost of Revenue	302.09	324.96	347.46	325.17	326.65
Gross Profit	3,610	3,596	3,178	2,760	2,368
Selling, General & Admin	2,731	2,671	2,361	2,021	1,790
Depreciation & Amortization Expenses	99.19	120.43	96.92	79.05	69.71
Other Operating Expenses	306.67	314.54	313.49	258.63	168.66
Total Operating Expenses	3,137	3,106	2,771	2,359	2,028
Operating Income	473.43	490.36	406.99	401.69	340.09
Interest Income	23.94	25.26	16.27	6.13	0.86
Interest Expense	-25.48	-23.66	-8.75	-	-5.03
Other Non-Operating Income (Expense)	0.65	-0.77	3.9	-5.41	-0.8
Total Non-Operating Income (Expense)	-0.89	0.83	11.43	0.73	-4.97
Pretax Income	472.54	491.19	418.42	400.98	335.11
Provision for Income Taxes	113.87	107.75	93.13	84.67	69.26
Net Income	358.67	383.44	325.42	316.32	265.53
Minority Interest in Earnings	-	0	-0.13	-	0.33
Net Income to Common	358.67	383.44	325.42	316.32	265.53
Net Income Growth	-6.46%	17.83%	2.88%	19.13%	10.13%
Shares Outstanding (Basic)	103	103	103	103	103
Shares Outstanding (Diluted)	104	104	104	104	104
Shares Change (YoY)	-0.21%	-0.06%	-0.08%	-0.03%	0.60%
EPS (Basic)	3.49	3.72	3.15	3.06	2.31
EPS (Diluted)	3.46	3.69	3.13	3.03	2.28
EPS Growth	-6.23%	17.89%	3.30%	32.90%	-2.15%
Free Cash Flow	320.85	811.36	477.18	295.22	276.38
Free Cash Flow Growth	-60.46%	70.03%	61.63%	6.82%	-36.07%
Free Cash Flow Per Share	3.09	7.80	4.59	2.83	2.65
Dividends Per Share	-	3.000	2.600	2.500	2.300
Dividend Growth	-	15.38%	4.00%	8.70%	4.54%
Gross Margin	92.28%	91.71%	90.15%	89.46%	87.88%
Operating Margin	12.10%	12.50%	11.54%	13.02%	12.62%
Profit Margin	9.17%	9.78%	9.23%	10.25%	9.86%
FCF Margin	8.20%	20.69%	13.53%	9.57%	10.25%
EBITDA	572.62	610.61	503.91	480.74	409.79
EBITDA Margin	14.64%	15.57%	14.29%	15.58%	15.20%
EBIT	473.43	490.36	406.99	401.69	340.09
EBIT Margin	12.10%	12.50%	11.54%	13.02%	12.62%
Effective Tax Rate	24.10%	21.94%	22.26%	21.12%	20.67%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.