Borregaard 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	7,713	7,617	7,132	6,881	5,805
Revenue Growth (YoY)	1.26%	6.80%	3.65%	18.54%	8.95%
Cost of Revenue	2,659	2,732	2,545	2,628	2,152
Gross Profit	5,054	4,885	4,587	4,253	3,653
Selling, General & Admin	1,480	1,388	1,304	1,170	1,114
Depreciation & Amortization Expenses	591	561	490	449	420
Other Operating Expenses	1,696	1,653	1,502	1,448	1,167
Total Operating Expenses	3,767	3,602	3,296	3,067	2,701
Operating Income	1,287	1,283	1,291	1,186	952
Interest Income	63	344	400	342	227
Interest Expense	-486	-548	-567	-410	-306
Other Non-Operating Income (Expense)	-423	-204	-167	-68	-79
Total Non-Operating Income (Expense)	-846	-408	-334	-136	-158
Pretax Income	864	1,079	1,124	1,118	873
Provision for Income Taxes	264	250	268	267	213
Net Income	620	823	870	892	692
Minority Interest in Earnings	20	-6	14	41	32
Net Income to Common	620	823	870	892	692
Net Income Growth	-24.67%	-5.40%	-2.47%	28.90%	58.72%
Shares Outstanding (Basic)	100	100	100	100	100
Shares Outstanding (Diluted)	100	100	100	100	100
Shares Change (YoY)	-0.02%	-0.17%	-0.03%	0.25%	-
EPS (Basic)	6.22	8.25	8.73	8.95	6.95
EPS (Diluted)	6.22	8.25	8.71	8.92	6.94
EPS Growth	-24.61%	-5.28%	-2.35%	28.53%	58.81%
Shares Outstanding	99.73	99.55	99.56	99.57	99.59
Free Cash Flow	563	357	896	271	875
Free Cash Flow Growth	57.70%	-60.16%	230.63%	-69.03%	128.46%
Free Cash Flow Per Share	5.65	3.58	8.97	2.71	8.78
Dividends Per Share	4.750	4.250	3.750	3.250	2.750
Dividend Growth	11.77%	13.33%	15.38%	18.18%	10.00%
Gross Margin	65.53%	64.13%	64.32%	61.81%	62.93%
Operating Margin	16.69%	16.84%	18.10%	17.24%	16.40%
Profit Margin	7.78%	10.88%	12.00%	12.37%	11.37%
FCF Margin	7.30%	4.69%	12.56%	3.94%	15.07%
EBITDA	1,878	1,844	1,781	1,635	1,372
EBITDA Margin	24.35%	24.21%	24.97%	23.76%	23.63%
EBIT	1,287	1,283	1,291	1,186	952
EBIT Margin	16.69%	16.84%	18.10%	17.24%	16.40%
Effective Tax Rate	30.56%	23.17%	23.84%	23.88%	24.40%

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