Income Statement Bevest ASA

Stocks

BINT

NO0013711721

Real Estate Development & Operations

Real-time Oslo Bors Other stock markets 03:03:59 2026-07-28 EDT			5-day change	1st Jan Change
23.50 ^NOK	0.00%		+5.86%	-36.29%

06-23	Nekkar Boosts FiiZK Shareholding to 86% by Buying Bevest's Stake	MT
06-21	Nekkar ASA (OB:NKR) acquired an additional 40.43% stake in Fiizk Group AS from Bevest ASA (OB:BINT) for NOK 67 million.	CI

06000eb3d7e2fc51ca9041.NdBN-JB3fMmpi7f_I17HCI1xbhxiXAkkwoNrFCv5jIE.BJc3y9VOSp3j-sSYEjalRf4QOi8aA1xiq7QAfWip-sNQigiR-B87rO7Ngw

Published financial data: BEVEST ASA

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	7.68B	10.84B	12.96B	9.35B	9.63B
Other Revenues, Total	-	-	-	-	-100K
Total Revenues	7.68B	10.84B	12.96B	9.35B	9.63B
Cost of Goods Sold, Total	4.07B	5.84B	6.45B	4.22B	4.02B
Gross Profit	3.61B	5.01B	6.51B	5.14B	5.61B
Selling General & Admin Expenses, Total	2.66B	4.05B	5.41B	4.41B	4.8B
Depreciation & Amortization - (IS)	384M	492M	812M	781M	856M
Other Operating Expenses	-1.9M	-107M	-21M	-104M	-51.4M
Other Operating Expenses, Total	3.04B	4.43B	6.2B	5.08B	5.6B
Operating Income	574M	571M	305M	54.1M	5.4M
Interest Expense, Total	-855M	-292M	-602M	-656M	-662M
Interest And Investment Income	3M	22.2M	73.9M	64.4M	59M
Net Interest Expenses	-852M	-270M	-528M	-592M	-603M
Income (Loss) On Equity Invest.	184M	57.8M	251M	412M	-29M
Currency Exchange Gains (Loss)	16.8M	-85.8M	80.6M	-42.5M	24.8M
Other Non Operating Income (Expenses)	542M	300M	42.7M	-112M	-1M
EBT, Excl. Unusual Items	464M	574M	151M	-279M	-603M
Impairment of Goodwill	-	-700K	-700K	-700K	-100K
Gain (Loss) On Sale Of Investments	-479M	-485M	-248M	-	-
Asset Writedown	-9M	-18.2M	-11M	-	-24.9M
EBT, Incl. Unusual Items	-23.3M	70.5M	-108M	-280M	-628M
Income Tax Expense	170M	65M	72.4M	-15.2M	-13.4M
Earnings From Continuing Operations	-193M	5.5M	-181M	-265M	-614M
Earnings Of Discontinued Operations	-	-	-	96.9M	635M
Net Income to Company	-193M	5.5M	-181M	-168M	20.2M
Minority Interest	-134M	-175M	86.8M	168M	-95.5M
Net Income - (IS)	-327M	-169M	-94.1M	400K	-75.3M
Net Income to Common Incl Extra Items	-327M	-169M	-94.1M	400K	-75.3M
Net Income to Common Excl. Extra Items	-327M	-169M	-94.1M	-96.5M	-710M
Per Share Items
Payout Ratio	-3.21	-118.27	-	-	-
Supplemental Items
EBITDA	827M	960M	892M	573M	537M
EBITA	651M	657M	448M	196M	158M
EBIT	574M	571M	305M	54.1M	5.4M
EBITDAR	839M	976M	929M	603M	563M
Total Revenues (As Reported)	7.68B	10.95B	12.98B	9.46B	9.68B
Effective Tax Rate - (Ratio)	-729.61	92.2	-66.73	5.43	2.13
Total Current Taxes	90.8M	267M	-115M	44.4M	42.7M
Total Deferred Taxes	79.2M	-202M	187M	-59.6M	-56M
Normalized Net Income	156M	184M	181M	-6.26M	-472M
Interest on Long-Term Debt	52.4M	66.4M	132M	196M	215M
Non-Cash Pension Expense	7.1M	-1.1M	6.3M	-1.2M	1.3M
Supplemental Operating Expense Items
Net Rental Expense, Total	12.2M	16.1M	36.5M	29.6M	26.4M
Imputed Operating Lease Interest Expense	-	6.26M	22.63M	19.12M	17.27M
Imputed Operating Lease Depreciation	-	9.84M	13.87M	10.48M	9.13M
Stock-Based Comp., SG&A Exp. (Total)	7.1M	6.1M	2.3M	-	4.7M
Total Stock-Based Compensation	7.1M	6.1M	2.3M	-	4.7M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	1.53B	520M	1.43B	605M	854M
Short Term Investments	2M	87.3M	-	-	-
Total Cash And Short Term Investments	1.54B	607M	1.43B	605M	854M
Accounts Receivable, Total	1.02B	1.73B	1.49B	792M	817M
Other Receivables	182M	183M	327M	379M	242M
Total Receivables	1.2B	1.91B	1.82B	1.17B	1.06B
Inventory	840M	1.8B	1.53B	969M	1.04B
Prepaid Expenses	4M	6.3M	6.7M	5.9M	4.6M
Other Current Assets, Total	40.9M	116M	221M	2.74B	253M
Total Current Assets	3.62B	4.44B	5.01B	5.49B	3.21B
Gross Property Plant And Equipment	4.84B	8.01B	6.86B	10.19B	10.97B
Accumulated Depreciation	-2.55B	-2.94B	-1.22B	-4.96B	-5.71B
Net Property Plant And Equipment	2.28B	5.07B	5.64B	5.23B	5.27B
Long-term Investments	1.6B	1.46B	2.78B	2.85B	3.09B
Goodwill	1.18B	3.08B	3.08B	2.69B	2.65B
Other Intangibles, Total	853M	1.48B	1.66B	1.54B	1.42B
Deferred Tax Assets Long-Term	32.9M	26.8M	110M	191M	220M
Other Long-Term Assets, Total	187M	163M	188M	60.1M	746M
Total Assets	9.76B	15.73B	18.46B	18.05B	16.6B
Liabilities
Accounts Payable, Total	938M	909M	943M	601M	704M
Accrued Expenses, Total	294M	514M	505M	456M	454M
Short-term Borrowings	395M	658M	88.8M	27M	32.6M
Current Portion of Long-Term Debt	232M	1.19B	83M	118M	219M
Current Portion of Leases	130M	211M	279M	361M	401M
Current Income Taxes Payable	79.3M	172M	95.1M	7M	28.7M
Other Current Liabilities	960M	1.42B	972M	741M	665M
Total Current Liabilities	3.03B	5.08B	2.97B	2.31B	2.5B
Long-Term Debt	3.12B	3.6B	5.33B	4.74B	4.65B
Long-Term Leases	774M	1.69B	2.41B	2.81B	2.84B
Pension & Other Post Retirement Benefits	14M	13.7M	25.9M	19.4M	14.6M
Deferred Tax Liability Non Current	268M	581M	585M	557M	529M
Other Non Current Liabilities	8.1M	4M	28.1M	614M	300K
Total Liabilities	7.21B	10.97B	11.35B	11.05B	10.53B
Preferred Stock Non Redeemable	-	-	-	767M	-
Total Preferred Equity	-	-	-	767M	-
Common Stock, Total	8.8M	9.7M	13.9M	13.9M	13.9M
Additional Paid In Capital	2.02B	2.19B	3.79B	3.21B	3.21B
Retained Earnings	-485M	-250M	-36.6M	-339M	-703M
Treasury Stock	-	-500K	-200K	-200K	-800K
Comprehensive Income and Other	-195M	455M	924M	1.01B	776M
Total Common Equity	1.35B	2.41B	4.69B	3.9B	3.3B
Minority Interest	1.2B	2.35B	2.42B	2.34B	2.76B
Total Equity	2.55B	4.75B	7.11B	7B	6.06B
Total Liabilities And Equity	9.76B	15.73B	18.46B	18.05B	16.6B
Supplemental Items
Tangible Book Value	-684M	-2.15B	-46.7M	-334M	-766M
Total Debt	4.65B	7.36B	8.19B	8.06B	8.14B
Net Debt	3.11B	6.75B	6.76B	7.45B	7.29B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-55M	-14.9M	-1.3M	700K	-11.2M
Debt Equivalent Oper. Leases	97.6M	129M	292M	237M	211M
Minority Interest, Total (Incl. Fin. Div)	1.2B	2.35B	2.42B	2.34B	2.76B
Equity Method Investments, Total	1.46B	1.33B	2.76B	2.83B	3.07B
Account Code - Inventory Valuation	-	5	5	5	5
Inventories - Raw Materials, Total	834M	1.79B	-	-	-
Inventories - Work In Process, Total	-	1.2M	-	-	-
Inventories - Finished Goods, Total	6.5M	7.9M	-	-	-
Land - (BS)	1.3B	2.98B	3.64B	3.85B	4.23B
Machinery, Total	3.44B	4.78B	2.81B	6.27B	6.66B
Full Time Employees	-	3.29K	3.35K	3.38K	3.21K
Accumulated Allowance for Doubtful Accounts (Supple)	10M	14.7M	15.7M	11.8M	15.4M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-327M	-169M	-94.1M	400K	-75.3M
Depreciation & Amortization - CF	307M	405M	668M	709M	710M
Amortization of Goodwill and Intangible Assets - (CF)	77.2M	85.6M	143M	142M	153M
Depreciation & Amortization, Total	384M	491M	812M	851M	864M
(Gain) Loss From Sale Of Asset	-11.3M	-120M	29.6M	-39.5M	-609M
Asset Writedown & Restructuring Costs	9M	18.9M	11.7M	20.5M	16.5M
Stock-Based Compensation (CF)	7.1M	6.1M	2.3M	-	4.7M
Net Cash From Discontinued Operations	-	-	-	133M	630M
Other Operating Activities, Total	62.4M	612M	-183M	-626M	34.7M
Change In Accounts Receivable	-409M	277M	477M	490M	-221M
Change In Inventories	631M	-839M	-575M	118M	-118M
Change in Other Net Operating Assets	-	-	-	-	42.4M
Cash from Operations	346M	276M	481M	947M	568M
Capital Expenditure	-378M	-511M	-680M	-408M	-440M
Sale of Property, Plant, and Equipment	5M	859M	391M	470M	14.1M
Cash Acquisitions	-426M	-2.59B	-18M	-30.7M	25.2M
Divestitures	-	78.8M	11.4M	-	532M
Investment in Marketable and Equity Securities, Total	-277M	248M	261M	-56M	1.14B
Other Investing Activities, Total	-	-	100K	100K	53M
Cash from Investing	-1.08B	-1.92B	-34.6M	-25.3M	1.33B
Short Term Debt Issued, Total	-	-	-	-	5.6M
Long-Term Debt Issued, Total	3.04B	914M	1.88B	45M	4.61B
Total Debt Issued	3.04B	914M	1.88B	45M	4.61B
Long-Term Debt Repaid, Total	-1.56B	-235M	-2.01B	-1.25B	-5.15B
Total Debt Repaid	-1.56B	-235M	-2.01B	-1.25B	-5.15B
Issuance of Common Stock	256M	241M	583M	800K	430M
Common Dividends Paid	-10.5M	-200M	-	-	-
Common & Preferred Stock Dividends Paid	-10.5M	-200M	-	-	-
Other Financing Activities, Total	-32.3M	-121M	-14.8M	-147M	-1.89B
Cash from Financing	1.7B	599M	440M	-1.35B	-1.99B
Foreign Exchange Rate Adjustments	18.3M	24.9M	24.5M	28.4M	-74.1M
Miscellaneous Cash Flow Adjustments	-	100K	-	-	-
Net Change in Cash	985M	-1.01B	910M	-402M	-174M
Supplemental Items
Cash Interest Paid	795M	290M	605M	660M	675M
Cash Income Tax Paid (Refund)	88.1M	145M	271M	122M	11.7M
Levered Free Cash Flow	-	-839M	-209M	-1.96B	2.59B
Unlevered Free Cash Flow	-	-657M	168M	-1.55B	3.01B
Change In Net Working Capital	-	1B	157M	2.02B	-2.57B
Net Debt Issued / Repaid	1.48B	679M	-129M	-1.21B	-533M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-	2.8	1.12	0.19	0.02
Return on Total Capital	-	3.7	1.39	0.22	0.02
Return On Equity %	-	0.15	-3.05	-3.75	-9.41
Return on Common Equity	-	-9	-2.65	-2.43	-19.73
Margin Analysis
Gross Profit Margin %	47.05	46.15	50.24	54.92	58.23
SG&A Margin	34.6	37.33	41.79	47.11	49.82
EBITDA Margin %	10.77	8.85	6.89	6.13	5.57
EBITA Margin %	8.48	6.06	3.46	2.09	1.65
EBIT Margin %	7.47	5.27	2.36	0.58	0.06
Income From Continuing Operations Margin %	-2.52	0.05	-1.4	-2.83	-6.38
Net Income Margin %	-4.26	-1.56	-0.73	0	-0.78
Net Avail. For Common Margin %	-4.26	-1.56	-0.73	-1.03	-7.37
Normalized Net Income Margin	2.03	1.7	1.4	-0.07	-4.9
Levered Free Cash Flow Margin	-	-7.74	-1.61	-20.92	26.92
Unlevered Free Cash Flow Margin	-	-6.06	1.3	-16.54	31.22
Asset Turnover
Asset Turnover	-	0.85	0.76	0.51	0.56
Fixed Assets Turnover	-	2.95	2.42	1.72	1.84
Receivables Turnover (Average Receivables)	-	7.9	8.05	8.19	11.97
Inventory Turnover (Average Inventory)	-	4.42	3.87	3.37	4
Short Term Liquidity
Current Ratio	1.2	0.87	1.69	2.38	1.28
Quick Ratio	0.9	0.5	1.1	0.77	0.76
Operating Cash Flow to Current Liabilities	0.11	0.05	0.16	0.41	0.23
Days Sales Outstanding (Average Receivables)	-	46.21	45.34	44.7	30.48
Days Outstanding Inventory (Average Inventory)	-	82.64	94.37	108.45	91.24
Average Days Payable Outstanding	-	49.53	54.76	77.33	58.16
Cash Conversion Cycle (Average Days)	-	79.32	84.95	75.82	63.56
Long Term Solvency
Total Debt/Equity	182.62	154.71	115.19	115.02	134.25
Total Debt / Total Capital	64.62	60.74	53.53	53.49	57.31
LT Debt/Equity	152.89	111.37	108.85	107.8	123.48
Long-Term Debt / Total Capital	54.1	43.73	50.58	50.14	52.72
Total Liabilities / Total Assets	73.9	69.77	61.47	61.21	63.47
EBIT / Interest Expense	0.67	1.96	0.51	0.08	0.01
EBITDA / Interest Expense	1.12	3.64	1.85	1.38	1.31
(EBITDA - Capex) / Interest Expense	0.68	1.89	0.73	0.76	0.65
Total Debt / EBITDA	4.85	6.93	7.33	8.9	9.37
Net Debt / EBITDA	3.25	6.35	6.05	8.24	8.38
Total Debt / (EBITDA - Capex)	8.01	13.34	18.73	16.23	18.97
Net Debt / (EBITDA - Capex)	5.36	12.24	15.46	15.01	16.98
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	41.19	19.48	-3.7	2.99
Gross Profit, 1 Yr. Growth %	-	38.5	30.06	-2.7	9.19
EBITDA, 1 Yr. Growth %	-	16.09	-4.13	-0.43	-6.43
EBITA, 1 Yr. Growth %	-	0.89	-31.74	7.34	-19.13
EBIT, 1 Yr. Growth %	-	-0.45	-46.59	38.01	-90.04
Earnings From Cont. Operations, 1 Yr. Growth %	-	-102.85	-3.39K	-25.74	132.06
Net Income, 1 Yr. Growth %	-	-48.33	-44.35	-100.42	-18.92K
Normalized Net Income, 1 Yr. Growth %	-	17.98	-1.55	-93.53	7.44K
Accounts Receivable, 1 Yr. Growth %	-	69.41	-13.58	-46.91	3.08
Inventory, 1 Yr. Growth %	-	114.71	-15.22	-36.65	7.6
Net Property, Plant and Equip., 1 Yr. Growth %	-	121.99	11.22	-7.26	0.68
Total Assets, 1 Yr. Growth %	-	61.23	17.35	-2.19	-8.07
Tangible Book Value, 1 Yr. Growth %	-	214.71	-97.83	-52.21	129.67
Common Equity, 1 Yr. Growth %	-	78.53	94.71	-3.47	-15.32
Cash From Operations, 1 Yr. Growth %	-	-20.2	74.07	97	-61.45
Capital Expenditures, 1 Yr. Growth %	-	35.21	33.09	-39.91	7.71
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-77.49	407.46	-232.52
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-122.57	5.97K	-294.41
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	29.88	-7.13	-0.41
Gross Profit, 2 Yr. CAGR %	-	-	34.21	1.31	3.07
EBITDA, 2 Yr. CAGR %	-	-	3.88	-21.52	-3.47
EBITA, 2 Yr. CAGR %	-	-	-17.01	-45.39	-6.81
EBIT, 2 Yr. CAGR %	-	-	-27.08	-69.23	-62.88
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	-3.26	593.87	31.27
Net Income, 2 Yr. CAGR %	-	-	-46.38	-95.14	-10.55
Normalized Net Income, 2 Yr. CAGR %	-	-	7.78	-81.57	120.86
Accounts Receivable, 2 Yr. CAGR %	-	-	21	-32.26	-26.02
Inventory, 2 Yr. CAGR %	-	-	34.92	-26.71	-17.44
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	57.13	1.56	-3.37
Total Assets, 2 Yr. CAGR %	-	-	37.55	7.14	-5.17
Tangible Book Value, 2 Yr. CAGR %	-	-	-73.87	-60.63	4.77
Common Equity, 2 Yr. CAGR %	-	-	86.45	27.21	-9.59
Cash From Operations, 2 Yr. CAGR %	-	-	17.86	85.18	8.7
Capital Expenditures, 2 Yr. CAGR %	-	-	34.15	-10.57	-19.55
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	45.32	159.32
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	44.16	985.86
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	6.79	-3.87
Gross Profit, 3 Yr. CAGR %	-	-	-	12.44	3.87
EBITDA, 3 Yr. CAGR %	-	-	-	-11.49	-16.78
EBITA, 3 Yr. CAGR %	-	-	-	-33	-37.75
EBIT, 3 Yr. CAGR %	-	-	-	-54.49	-78.86
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	11.06	381.64
Net Income, 3 Yr. CAGR %	-	-	-	-89.31	-23.64
Normalized Net Income, 3 Yr. CAGR %	-	-	-	-65.77	36.85
Accounts Receivable, 3 Yr. CAGR %	-	-	-	-8.06	-22.09
Inventory, 3 Yr. CAGR %	-	-	-	4.87	-16.71
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	31.8	1.27
Total Assets, 3 Yr. CAGR %	-	-	-	22.77	1.81
Tangible Book Value, 3 Yr. CAGR %	-	-	-	-21.28	-29.13
Common Equity, 3 Yr. CAGR %	-	-	-	42.43	11.07
Cash From Operations, 3 Yr. CAGR %	-	-	-	39.87	27.18
Capital Expenditures, 3 Yr. CAGR %	-	-	-	2.64	-4.85
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	40.92
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	59.27