Bouvet ASA — Cyborg Score 7/10

Solid
IT Consulting and Digital Transformation Services

Strategic Profile

Bouvet assists other companies in developing efficient and user-oriented solutions within technology, consulting, design and communication, supporting both private- and public-sector players with digitalisation. The company operates across diverse sectors including power supply, oil and gas, public administration, transportation, retail, and healthcare, providing a stable, diversified revenue base.

Cyborg Score Rationale

Bouvet demonstrates solid fundamentals with stable revenue (~$370M trailing 12-month), diverse client base, strong market position in Nordic region, and 2,300+ employees. However, the company faces modest growth pressures and operates in a competitive professional services market.

Top Insights

  • Strong geographic diversification with 16 offices across Norway and Sweden, enabling deep client relationships and local market understanding
  • Diversified client base spanning government, energy, finance, and industrial sectors reduces revenue concentration risk
  • Founded in 1995 with IPO in 2010, providing 31+ years of market presence and operational stability
  • Trailing 12-month revenue approximately $370M with market cap of $626M as of late 2025

Named Competitors

  • Digital Transformation Consulting — Global IT consulting and professional services
  • Management Consulting — Strategic and technology consulting
  • IT Services — Multinational IT consulting and business services

Recent Developments

  • (November 2025) Q3 2025 operating revenues of NOK 870.5 million, down from NOK 878.5 million year-over-year
  • (August 2025) Q2 2025 operating revenues of NOK 968.7 million, down from NOK 1,001.2 million in Q2 2024
  • (February 2026) Q4 2025 earnings call scheduled for February 13, 2026

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