Fundies.
English

Bouvet ASA

ESEF
Report (type unavailable) · filed 2026-10-21

Annual consolidated revenue for 2025: about NOK 3.912B, using the latest reported figures. The previous period, 2024, was about NOK 3.921B.

Inspect reported changes Compare with another company Historical disclosures Segments
Watchlist

Latest fiscal year

Revenue

3.91 billion NOK

2025 · NOK

Exact inputs and evidence
  • Revenue: 3912343000 NOK Source

Operating margin

12.1%

2025 · %

Exact inputs and evidence
  • Operating Income: 473430000 NOK Source
  • Revenue: 3912343000 NOK Source

Operating cash flow

347 million NOK

2025 · NOK

Exact inputs and evidence
  • Operating Cash Flow: 347111000 NOK Source

Free cash flow

321 million NOK

2025 · NOK

Exact inputs and evidence
  • Operating Cash Flow: 347111000 NOK Source
  • Capital Expenditure: 26257000 NOK Source
Cash and cash equivalents
672 million NOK Source
Exact value

672304000 NOK

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-21.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 6 of 11 periods available· newest 2025-12-31
  • Operating income: 6 of 11 periods available· newest 2025-12-31
  • Net income: 6 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 6 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 6 of 11 periods available· newest 2025-12-31
  • Total assets: 6 of 11 periods available· newest 2025-12-31
  • Total liabilities: 6 of 11 periods available· newest 2025-12-31
  • Current assets: 6 of 11 periods available· newest 2025-12-31
  • Current liabilities: 6 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 6 of 11 periods available· newest 2025-12-31
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    -0.2%

    Prior period

    NOK 3.92 billion

    –

    Current period

    NOK 3.91 billion

    –

    Exact inputs and evidence

    3912343000 − 3921399000 = -9056000 NOK

    3921399000 NOK · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    3912343000 NOK · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Net income

    -6.5%

    Prior period

    NOK 383.44 million

    –

    Current period

    NOK 358.67 million

    –

    Exact inputs and evidence

    358673000 − 383442000 = -24769000 NOK

    383442000 NOK · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    358673000 NOK · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Operating cash flow

    -58.6%

    Prior period

    NOK 838.33 million

    –

    Current period

    NOK 347.11 million

    –

    Exact inputs and evidence

    347111000 − 838330000 = -491219000 NOK

    838330000 NOK · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    347111000 NOK · 2025-01-01 – 2025-12-31

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  • Capital expenditure

    -11.7%

    Prior period

    NOK 29.75 million

    –

    Current period

    NOK 26.26 million

    –

    Exact inputs and evidence

    26257000 − 29751000 = -3494000 NOK

    29751000 NOK · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    26257000 NOK · 2025-01-01 – 2025-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue NOK 3.91 billion 100% of revenue
  • Operating costs Derived NOK 3.44 billion 88% of revenue
  • Operating income NOK 473.43 million 12% of revenue
  • Tax, interest and other Derived NOK 114.76 million 2.9% of revenue
  • Net income NOK 358.67 million 9.2% of revenue

Cash

  • Operating cash flow NOK 347.11 million 8.9% of revenue
  • Capital expenditure NOK 26.26 million 0.7% of revenue
  • Free cash flow Derived NOK 320.85 million 8.2% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2020 10%87%
  • 2021 9.9%87%
  • 2022 10%87%
  • 2023 9.2%88%
  • 2024 9.8%87%
  • 2025 9.2%88%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2020 2020-01-01 – 2020-12-312401844000 2087285000 Derived 314559000 73446000 Derived 241113000 432305000 Derived
Source
2021 2021-01-01 – 2021-12-312695124000 2355038000 Derived 340086000 74559000 Derived 265527000 272200000 Derived
Source
2022 2022-01-01 – 2022-12-313085470000 2683778000 Derived 401692000 85984000 Derived 315708000 295219000 Derived
Source
2023 2023-01-01 – 2023-12-313525761000 3118769000 Derived 406992000 81573000 Derived 325419000 477178000 Derived
Source
2024 2024-01-01 – 2024-12-313921399000 3431038000 Derived 490361000 106919000 Derived 383442000 808579000 Derived
Source
2025 2025-01-01 – 2025-12-313912343000 3438913000 Derived 473430000 114757000 Derived 358673000 320854000 Derived
Source

Amounts are exact, in NOK.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

NOK 3.9B 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.4.2B3.2B2.1B1.1B0.0202020232025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(NOK)Source evidence
2020Revenue2401844000
2021Revenue2695124000
2022Revenue3085470000
2023Revenue3525761000
2024Revenue3921399000
2025Revenue3912343000

Revenue growth

Change in revenue from the same financial period one year earlier.

-0.2% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.15.7%11.4%7.1%2.9%-1.4%202020232025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2020Year over yearNo prior comparable period
2021Year over year12.2%
2022Year over year14.5%
2023Year over year14.3%
2024Year over year11.2%
2025Year over year-0.2%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 12.1% 2025
Net margin 9.2% 2025
Free cash flow margin 8.2% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.22.3%16.7%11.1%5.6%0.0%202020232025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2020Operating margin13.1%
2021Operating margin12.6%
2022Operating margin13%
2023Operating margin11.5%
2024Operating margin12.5%
2025Operating margin12.1%
2020Net margin10%
2021Net margin9.9%
2022Net margin10.2%
2023Net margin9.2%
2024Net margin9.8%
2025Net margin9.2%
2020Free cash flow margin18%
2021Free cash flow margin10.1%
2022Free cash flow margin9.6%
2023Free cash flow margin13.5%
2024Free cash flow margin20.6%
2025Free cash flow margin8.2%

Operating cash flow

Cash generated by the company’s normal business operations.

NOK 347.1M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.905.4M679.0M452.7M226.3M0.0202020232025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(NOK)Source evidence
2020Operating cash flow450876000
2021Operating cash flow294144000
2022Operating cash flow321878000
2023Operating cash flow506085000
2024Operating cash flow838330000
2025Operating cash flow347111000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

NOK 320.9M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.873.3M654.9M436.6M218.3M0.0202020232025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(NOK)Source evidence
2020Free cash flow432305000
2021Free cash flow272200000
2022Free cash flow295219000
2023Free cash flow477178000
2024Free cash flow808579000
2025Free cash flow320854000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

75.5% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.82%61%41%20%0%202020232025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2020Liabilities / assets67.4%
2021Liabilities / assets67%
2022Liabilities / assets68.4%
2023Liabilities / assets73.3%
2024Liabilities / assets74.2%
2025Liabilities / assets75.5%

Current assets to current liabilities

Current assets divided by current liabilities.

1.2× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.50×1.12×0.75×0.37×0.00×202020232025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2020Current assets / current liabilities1.39×
2021Current assets / current liabilities1.38×
2022Current assets / current liabilities1.34×
2023Current assets / current liabilities1.23×
2024Current assets / current liabilities1.23×
2025Current assets / current liabilities1.2×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2020 2020-01-01 – 2020-12-31
NOK 241.11 million
Exact value

Exact value: 241113000 NOK

2020-01-01 – 2020-12-31: 241113000 NOK Inspect Net Income Open source
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NOK 450.88 million
Exact value

Exact value: 450876000 NOK

2020-01-01 – 2020-12-31: 450876000 NOK Inspect Operating Cash Flow Open source
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NOK 18.57 million
Exact value

Exact value: 18571000 NOK

2020-01-01 – 2020-12-31: 18571000 NOK Inspect Capital Expenditure Open source
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NOK 432.31 million
Calculation and evidence

450876000 − 18571000 NOK

Exact free cash flow: 432305000 NOK

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2021 2021-01-01 – 2021-12-31
NOK 265.53 million
Exact value

Exact value: 265527000 NOK

2021-01-01 – 2021-12-31: 265527000 NOK Inspect Net Income Open source
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NOK 294.14 million
Exact value

Exact value: 294144000 NOK

2021-01-01 – 2021-12-31: 294144000 NOK Inspect Operating Cash Flow Open source
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NOK 21.94 million
Exact value

Exact value: 21944000 NOK

2021-01-01 – 2021-12-31: 21944000 NOK Inspect Capital Expenditure Open source
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NOK 272.2 million
Calculation and evidence

294144000 − 21944000 NOK

Exact free cash flow: 272200000 NOK

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2022 2022-01-01 – 2022-12-31
NOK 315.71 million
Exact value

Exact value: 315708000 NOK

2022-01-01 – 2022-12-31: 315708000 NOK Inspect Net Income Open source
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NOK 321.88 million
Exact value

Exact value: 321878000 NOK

2022-01-01 – 2022-12-31: 321878000 NOK Inspect Operating Cash Flow Open source
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NOK 26.66 million
Exact value

Exact value: 26659000 NOK

2022-01-01 – 2022-12-31: 26659000 NOK Inspect Capital Expenditure Open source
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NOK 295.22 million
Calculation and evidence

321878000 − 26659000 NOK

Exact free cash flow: 295219000 NOK

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2023 2023-01-01 – 2023-12-31
NOK 325.42 million
Exact value

Exact value: 325419000 NOK

2023-01-01 – 2023-12-31: 325419000 NOK Inspect Net Income Open source
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NOK 506.09 million
Exact value

Exact value: 506085000 NOK

2023-01-01 – 2023-12-31: 506085000 NOK Inspect Operating Cash Flow Open source
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NOK 28.91 million
Exact value

Exact value: 28907000 NOK

2023-01-01 – 2023-12-31: 28907000 NOK Inspect Capital Expenditure Open source
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NOK 477.18 million
Calculation and evidence

506085000 − 28907000 NOK

Exact free cash flow: 477178000 NOK

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2024 2024-01-01 – 2024-12-31
NOK 383.44 million
Exact value

Exact value: 383442000 NOK

2024-01-01 – 2024-12-31: 383442000 NOK Inspect Net Income Open source
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NOK 838.33 million
Exact value

Exact value: 838330000 NOK

2024-01-01 – 2024-12-31: 838330000 NOK Inspect Operating Cash Flow Open source
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NOK 29.75 million
Exact value

Exact value: 29751000 NOK

2024-01-01 – 2024-12-31: 29751000 NOK Inspect Capital Expenditure Open source
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NOK 808.58 million
Calculation and evidence

838330000 − 29751000 NOK

Exact free cash flow: 808579000 NOK

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2025 2025-01-01 – 2025-12-31
NOK 358.67 million
Exact value

Exact value: 358673000 NOK

2025-01-01 – 2025-12-31: 358673000 NOK Inspect Net Income Open source
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NOK 347.11 million
Exact value

Exact value: 347111000 NOK

2025-01-01 – 2025-12-31: 347111000 NOK Inspect Operating Cash Flow Open source
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NOK 26.26 million
Exact value

Exact value: 26257000 NOK

2025-01-01 – 2025-12-31: 26257000 NOK Inspect Capital Expenditure Open source
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NOK 320.85 million
Calculation and evidence

347111000 − 26257000 NOK

Exact free cash flow: 320854000 NOK

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

4 filings · 402 latest values · 402 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 5967007LIEEXZXFMBC26, esef:5967007LIEEXZXFMBC26