Bouvet (BOUV) - Net Assets
Based on the latest financial reports, Bouvet (BOUV) has net assets worth Nkr423.99 Million NOK (≈ $44.62 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr1.73 Billion ≈ $181.92 Million USD) and total liabilities (Nkr1.30 Billion ≈ $137.31 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check BOUV financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr423.99 Million |
| % of Total Assets | 24.52% |
| Annual Growth Rate | 7.66% |
| 5-Year Change | -5.62% |
| 10-Year Change | 140.69% |
| Growth Volatility | 11.71 |
Bouvet - Net Assets Trend (2008–2025)
This chart illustrates how Bouvet's net assets have evolved over time, based on quarterly financial data. Also explore Bouvet total assets for the complete picture of this company's asset base.
Annual Net Assets for Bouvet (2008–2025)
The table below shows the annual net assets of Bouvet from 2008 to 2025. For live valuation and market cap data, see BOUV company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr423.99 Million ≈ $44.62 Million |
-8.79% |
| 2024-12-31 | Nkr464.84 Million ≈ $48.91 Million |
+2.55% |
| 2023-12-31 | Nkr453.30 Million ≈ $47.70 Million |
+0.34% |
| 2022-12-31 | Nkr451.76 Million ≈ $47.54 Million |
+0.56% |
| 2021-12-31 | Nkr449.25 Million ≈ $47.27 Million |
+6.23% |
| 2020-12-31 | Nkr422.92 Million ≈ $44.50 Million |
+33.10% |
| 2019-12-31 | Nkr317.75 Million ≈ $33.44 Million |
+14.71% |
| 2018-12-31 | Nkr276.99 Million ≈ $29.15 Million |
+25.67% |
| 2017-12-31 | Nkr220.41 Million ≈ $23.19 Million |
+25.12% |
| 2016-12-31 | Nkr176.16 Million ≈ $18.54 Million |
+0.88% |
| 2015-12-31 | Nkr174.62 Million ≈ $18.37 Million |
+13.73% |
| 2014-12-31 | Nkr153.53 Million ≈ $16.16 Million |
-3.94% |
| 2013-12-31 | Nkr159.83 Million ≈ $16.82 Million |
+12.29% |
| 2012-12-31 | Nkr142.34 Million ≈ $14.98 Million |
+3.43% |
| 2011-12-31 | Nkr137.62 Million ≈ $14.48 Million |
+17.80% |
| 2010-12-31 | Nkr116.83 Million ≈ $12.29 Million |
-7.83% |
| 2009-12-31 | Nkr126.75 Million ≈ $13.34 Million |
+4.79% |
| 2008-12-31 | Nkr120.96 Million ≈ $12.73 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Bouvet's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Nkr423.99 Million | 100.00% |
| Total Equity | Nkr423.99 Million | 100.00% |
Bouvet Competitors by Market Cap
The table below lists competitors of Bouvet ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eson Precision Ind Co Ltd
TW:5243
|
$560.16 Million |
|
AB Siauliu Bankas
F:ZH5
|
$560.18 Million |
|
Shanghai Shentong Metro Co Ltd
SHG:600834
|
$560.24 Million |
|
HelloFresh SE
XETRA:HFG
|
$560.47 Million |
|
Shandong Daye Co Ltd Class A
SHG:603278
|
$560.11 Million |
|
Shandong Rike Chemical
SHE:300214
|
$559.89 Million |
|
Rural Funds Group
AU:RFF
|
$559.78 Million |
|
Tengda Construction Group Co Ltd
SHG:600512
|
$559.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bouvet's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 464,844,000 to 423,992,000, a change of -40,852,000 (-8.8%).
- Net income of 358,673,000 contributed positively to equity growth.
- Dividend payments of 379,879,000 reduced retained earnings.
- Share repurchases of 73,884,000 reduced equity.
- New share issuances of 31,493,000 increased equity.
- Other factors increased equity by 22,745,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr358.67 Million | +84.59% |
| Dividends Paid | Nkr379.88 Million | -89.6% |
| Share Repurchases | Nkr73.88 Million | -17.43% |
| Share Issuances | Nkr31.49 Million | +7.43% |
| Other Changes | Nkr22.75 Million | +5.36% |
| Total Change | Nkr- | -8.79% |
Book Value vs Market Value Analysis
This analysis compares Bouvet's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 12.45x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 42.86x to 12.45x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | Nkr1.20 | Nkr51.50 | x |
| 2009-12-31 | Nkr1.25 | Nkr51.50 | x |
| 2010-12-31 | Nkr1.13 | Nkr51.50 | x |
| 2011-12-31 | Nkr1.31 | Nkr51.50 | x |
| 2012-12-31 | Nkr1.35 | Nkr51.50 | x |
| 2013-12-31 | Nkr1.53 | Nkr51.50 | x |
| 2014-12-31 | Nkr1.45 | Nkr51.50 | x |
| 2015-12-31 | Nkr1.66 | Nkr51.50 | x |
| 2016-12-31 | Nkr1.67 | Nkr51.50 | x |
| 2017-12-31 | Nkr2.12 | Nkr51.50 | x |
| 2018-12-31 | Nkr2.70 | Nkr51.50 | x |
| 2019-12-31 | Nkr3.07 | Nkr51.50 | x |
| 2020-12-31 | Nkr4.08 | Nkr51.50 | x |
| 2021-12-31 | Nkr4.30 | Nkr51.50 | x |
| 2022-12-31 | Nkr4.35 | Nkr51.50 | x |
| 2023-12-31 | Nkr4.38 | Nkr51.50 | x |
| 2024-12-31 | Nkr4.49 | Nkr51.50 | x |
| 2025-12-31 | Nkr4.14 | Nkr51.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bouvet utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 84.59%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.17%
- • Asset Turnover: 2.26x
- • Equity Multiplier: 4.08x
- Recent ROE (84.59%) is above the historical average (53.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 45.74% | 9.79% | 2.03x | 2.30x | Nkr43.23 Million |
| 2009 | 33.51% | 7.21% | 1.96x | 2.38x | Nkr29.81 Million |
| 2010 | 42.32% | 6.89% | 2.27x | 2.71x | Nkr37.39 Million |
| 2011 | 47.11% | 7.12% | 2.28x | 2.90x | Nkr50.32 Million |
| 2012 | 39.61% | 5.38% | 2.51x | 2.93x | Nkr41.45 Million |
| 2013 | 43.72% | 6.17% | 2.50x | 2.84x | Nkr52.97 Million |
| 2014 | 37.07% | 4.92% | 2.53x | 2.97x | Nkr40.70 Million |
| 2015 | 43.01% | 5.97% | 2.53x | 2.84x | Nkr56.52 Million |
| 2016 | 45.72% | 5.93% | 2.48x | 3.11x | Nkr61.63 Million |
| 2017 | 50.89% | 6.88% | 2.50x | 2.96x | Nkr88.89 Million |
| 2018 | 54.33% | 8.15% | 2.44x | 2.73x | Nkr122.80 Million |
| 2019 | 56.84% | 8.45% | 1.98x | 3.41x | Nkr148.45 Million |
| 2020 | 57.13% | 10.04% | 1.85x | 3.07x | Nkr198.91 Million |
| 2021 | 59.59% | 9.85% | 1.98x | 3.05x | Nkr220.97 Million |
| 2022 | 69.88% | 10.23% | 2.14x | 3.20x | Nkr270.53 Million |
| 2023 | 71.79% | 9.23% | 2.05x | 3.79x | Nkr280.09 Million |
| 2024 | 82.49% | 9.78% | 2.18x | 3.87x | Nkr336.96 Million |
| 2025 | 84.59% | 9.17% | 2.26x | 4.08x | Nkr316.27 Million |
Industry Comparison
This section compares Bouvet's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $546,755,004
- Average return on equity (ROE) among peers: 25.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bouvet (BOUV) | Nkr423.99 Million | 45.74% | 3.08x | $560.15 Million |
| Arribatec Solutions ASA (ARR) | $262.46 Million | -8.78% | 0.91x | $55.37 Million |
| Atea ASA (ATEA) | $2.10 Billion | 20.14% | 2.20x | $1.83 Billion |
| Crayon Group Holding ASA (CRAYN) | $363.94 Million | -15.68% | 5.62x | $1.35 Billion |
| Itera ASA (ITERA) | $47.89 Million | 118.38% | 5.23x | $60.02 Million |
| River Tech plc (RIVER) | $11.16 Million | 57.05% | 0.24x | $3.03 Million |
| Spir Group ASA (SPIR) | $704.79 Million | -1.23% | 1.27x | $119.48 Million |
| Webstep ASA (WSTEP) | $336.64 Million | 10.86% | 0.66x | $52.90 Million |
About Bouvet
Bouvet ASA provides IT and digital communication consultancy services for public and private sectors in Norway, Sweden, and internationally. The company was incorporated in 1995 and is headquartered in Oslo, Norway.