Selvaag Bolig ASA
OSE:SBO
Income Statement
Earnings Waterfall
Selvaag Bolig ASA
Income Statement
Selvaag Bolig ASA
| Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
47
|
0
|
0
|
0
|
62
|
0
|
0
|
0
|
28
|
0
|
0
|
0
|
32
|
0
|
0
|
0
|
35
|
0
|
0
|
0
|
30
|
0
|
0
|
0
|
35
|
0
|
0
|
0
|
23
|
0
|
0
|
0
|
25
|
0
|
0
|
0
|
10
|
0
|
0
|
0
|
12
|
0
|
0
|
0
|
12
|
0
|
0
|
0
|
9
|
0
|
0
|
0
|
14
|
0
|
0
|
0
|
0
|
|
| Revenue |
310
N/A
|
461
+49%
|
890
+93%
|
1 727
+94%
|
2 812
+63%
|
3 144
+12%
|
3 270
+4%
|
3 073
-6%
|
2 197
-29%
|
1 918
-13%
|
2 106
+10%
|
2 194
+4%
|
2 945
+34%
|
3 456
+17%
|
3 477
+1%
|
3 491
+0%
|
3 246
-7%
|
3 114
-4%
|
3 388
+9%
|
2 997
-12%
|
3 000
+0%
|
2 833
-6%
|
2 864
+1%
|
2 856
0%
|
3 229
+13%
|
3 153
-2%
|
2 882
-9%
|
2 976
+3%
|
3 342
+12%
|
3 071
-8%
|
3 242
+6%
|
3 579
+10%
|
3 369
-6%
|
3 469
+3%
|
2 869
-17%
|
2 765
-4%
|
2 698
-2%
|
3 057
+13%
|
3 015
-1%
|
3 196
+6%
|
3 403
+6%
|
3 191
-6%
|
3 763
+18%
|
3 781
+0%
|
2 896
-23%
|
3 274
+13%
|
3 145
-4%
|
2 677
-15%
|
3 255
+22%
|
3 148
-3%
|
2 931
-7%
|
2 720
-7%
|
1 971
-28%
|
1 510
-23%
|
1 152
-24%
|
1 494
+30%
|
2 087
+40%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(199)
|
(315)
|
(669)
|
(1 303)
|
(2 141)
|
(2 383)
|
(2 475)
|
(2 361)
|
(1 710)
|
(1 525)
|
(1 731)
|
(1 823)
|
(2 372)
|
(2 788)
|
(2 762)
|
(2 757)
|
(2 608)
|
(2 500)
|
(2 760)
|
(2 419)
|
(2 380)
|
(2 191)
|
(2 112)
|
(2 127)
|
(2 433)
|
(2 397)
|
(2 203)
|
(2 277)
|
(2 422)
|
(2 215)
|
(2 274)
|
(2 470)
|
(2 279)
|
(2 344)
|
(1 975)
|
(1 969)
|
(1 968)
|
(2 235)
|
(2 203)
|
(2 339)
|
(2 617)
|
(2 469)
|
(2 969)
|
(3 012)
|
(2 314)
|
(2 640)
|
(2 545)
|
(2 149)
|
(2 677)
|
(2 613)
|
(2 395)
|
(2 218)
|
(1 580)
|
(1 195)
|
(914)
|
(1 234)
|
(1 767)
|
|
| Gross Profit |
111
N/A
|
146
+32%
|
221
+52%
|
424
+92%
|
671
+58%
|
761
+13%
|
795
+5%
|
712
-10%
|
487
-32%
|
393
-19%
|
376
-4%
|
371
-1%
|
573
+55%
|
668
+17%
|
715
+7%
|
733
+3%
|
638
-13%
|
614
-4%
|
628
+2%
|
578
-8%
|
621
+7%
|
642
+3%
|
751
+17%
|
729
-3%
|
796
+9%
|
757
-5%
|
680
-10%
|
699
+3%
|
920
+32%
|
855
-7%
|
968
+13%
|
1 109
+15%
|
1 089
-2%
|
1 125
+3%
|
894
-21%
|
796
-11%
|
730
-8%
|
822
+13%
|
812
-1%
|
857
+5%
|
785
-8%
|
722
-8%
|
794
+10%
|
769
-3%
|
583
-24%
|
634
+9%
|
600
-5%
|
528
-12%
|
577
+9%
|
535
-7%
|
537
+0%
|
502
-7%
|
391
-22%
|
315
-19%
|
238
-24%
|
260
+9%
|
319
+23%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(179)
|
(198)
|
(222)
|
(240)
|
(235)
|
(237)
|
(237)
|
(243)
|
(231)
|
(228)
|
(223)
|
(214)
|
(237)
|
(254)
|
(253)
|
(266)
|
(242)
|
(239)
|
(244)
|
(246)
|
(251)
|
(252)
|
(251)
|
(244)
|
(239)
|
(238)
|
(251)
|
(255)
|
(272)
|
(274)
|
(264)
|
(278)
|
(287)
|
(281)
|
(283)
|
(275)
|
(267)
|
(270)
|
(257)
|
(249)
|
(247)
|
(238)
|
(245)
|
(244)
|
(246)
|
(257)
|
(255)
|
(262)
|
(263)
|
(266)
|
(270)
|
(268)
|
(265)
|
(264)
|
(266)
|
(261)
|
(262)
|
|
| Selling, General & Administrative |
(76)
|
(76)
|
(73)
|
(73)
|
(120)
|
(83)
|
(88)
|
(96)
|
(129)
|
(83)
|
(84)
|
(77)
|
(129)
|
(90)
|
(89)
|
(98)
|
(143)
|
(99)
|
(101)
|
(103)
|
(162)
|
(113)
|
(118)
|
(119)
|
(167)
|
(119)
|
(132)
|
(137)
|
(193)
|
(143)
|
(125)
|
(129)
|
(172)
|
(135)
|
(140)
|
(144)
|
(172)
|
(147)
|
(142)
|
(138)
|
(154)
|
(134)
|
(139)
|
(139)
|
(161)
|
(142)
|
(143)
|
(146)
|
(165)
|
(149)
|
(150)
|
(149)
|
(173)
|
(149)
|
(148)
|
(147)
|
(147)
|
|
| Depreciation & Amortization |
(6)
|
(11)
|
(15)
|
(19)
|
(22)
|
(22)
|
(23)
|
(24)
|
(22)
|
(22)
|
(21)
|
(21)
|
(21)
|
(22)
|
(23)
|
(24)
|
(24)
|
(24)
|
(24)
|
(24)
|
(20)
|
(15)
|
(10)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(6)
|
(8)
|
(11)
|
(13)
|
(12)
|
(11)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(9)
|
(8)
|
(7)
|
(7)
|
|
| Other Operating Expenses |
(97)
|
(111)
|
(133)
|
(147)
|
(93)
|
(132)
|
(125)
|
(124)
|
(80)
|
(124)
|
(118)
|
(116)
|
(87)
|
(142)
|
(141)
|
(144)
|
(74)
|
(116)
|
(118)
|
(118)
|
(70)
|
(125)
|
(123)
|
(120)
|
(67)
|
(115)
|
(114)
|
(114)
|
(75)
|
(125)
|
(131)
|
(139)
|
(102)
|
(134)
|
(131)
|
(121)
|
(85)
|
(113)
|
(105)
|
(101)
|
(83)
|
(94)
|
(97)
|
(96)
|
(75)
|
(106)
|
(103)
|
(106)
|
(89)
|
(108)
|
(110)
|
(110)
|
(82)
|
(105)
|
(109)
|
(107)
|
(109)
|
|
| Operating Income |
(68)
N/A
|
(52)
+23%
|
(1)
+98%
|
184
N/A
|
436
+137%
|
524
+20%
|
558
+7%
|
469
-16%
|
257
-45%
|
165
-36%
|
153
-7%
|
157
+3%
|
337
+114%
|
414
+23%
|
462
+12%
|
468
+1%
|
396
-15%
|
374
-5%
|
384
+3%
|
332
-13%
|
369
+11%
|
390
+6%
|
500
+28%
|
485
-3%
|
557
+15%
|
519
-7%
|
429
-17%
|
444
+3%
|
649
+46%
|
582
-10%
|
704
+21%
|
831
+18%
|
802
-3%
|
844
+5%
|
611
-28%
|
521
-15%
|
464
-11%
|
552
+19%
|
555
+1%
|
607
+9%
|
539
-11%
|
484
-10%
|
549
+13%
|
525
-4%
|
337
-36%
|
376
+12%
|
345
-8%
|
266
-23%
|
314
+18%
|
269
-14%
|
267
-1%
|
234
-12%
|
126
-46%
|
52
-59%
|
(28)
N/A
|
(2)
+94%
|
57
N/A
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
49
|
31
|
40
|
7
|
13
|
6
|
12
|
(6)
|
(2)
|
(12)
|
9
|
9
|
19
|
22
|
(6)
|
(1)
|
(18)
|
(32)
|
(39)
|
(46)
|
(29)
|
(42)
|
(64)
|
(65)
|
(37)
|
(45)
|
(5)
|
30
|
89
|
89
|
89
|
118
|
54
|
138
|
155
|
131
|
136
|
60
|
72
|
95
|
103
|
98
|
162
|
108
|
89
|
87
|
(15)
|
(17)
|
4
|
32
|
55
|
54
|
83
|
60
|
49
|
60
|
82
|
|
| Non-Reccuring Items |
(0)
|
(1)
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
32
|
32
|
32
|
32
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1 029
|
1 029
|
1 029
|
1 045
|
16
|
16
|
16
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
(10)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
9
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
(29)
N/A
|
(23)
+21%
|
38
N/A
|
191
+406%
|
448
+135%
|
530
+18%
|
570
+7%
|
463
-19%
|
237
-49%
|
152
-36%
|
161
+6%
|
166
+3%
|
349
+110%
|
436
+25%
|
456
+5%
|
467
+2%
|
371
-21%
|
342
-8%
|
345
+1%
|
318
-8%
|
365
+15%
|
380
+4%
|
468
+23%
|
420
-10%
|
504
+20%
|
473
-6%
|
425
-10%
|
474
+12%
|
732
+54%
|
671
-8%
|
793
+18%
|
948
+20%
|
854
-10%
|
2 011
+135%
|
1 795
-11%
|
1 681
-6%
|
1 653
-2%
|
628
-62%
|
644
+2%
|
718
+12%
|
645
-10%
|
581
-10%
|
711
+22%
|
633
-11%
|
425
-33%
|
464
+9%
|
330
-29%
|
249
-25%
|
319
+28%
|
300
-6%
|
323
+7%
|
288
-11%
|
209
-27%
|
112
-47%
|
21
-81%
|
59
+180%
|
140
+138%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
23
|
27
|
6
|
(39)
|
(102)
|
(128)
|
(134)
|
(120)
|
(51)
|
(30)
|
(31)
|
(34)
|
(94)
|
(118)
|
(124)
|
(126)
|
(92)
|
(83)
|
(82)
|
(65)
|
(64)
|
(45)
|
(71)
|
(66)
|
(103)
|
(117)
|
(99)
|
(109)
|
(166)
|
(151)
|
(180)
|
(209)
|
(199)
|
(212)
|
(156)
|
(122)
|
(130)
|
(157)
|
(164)
|
(188)
|
(140)
|
(115)
|
(125)
|
(121)
|
(86)
|
(97)
|
(88)
|
(67)
|
(75)
|
(65)
|
(59)
|
(49)
|
(32)
|
(12)
|
1
|
(8)
|
(7)
|
|
| Income from Continuing Operations |
(6)
|
4
|
43
|
152
|
346
|
402
|
436
|
344
|
186
|
122
|
130
|
132
|
255
|
318
|
332
|
341
|
279
|
259
|
263
|
253
|
301
|
335
|
397
|
355
|
401
|
356
|
326
|
366
|
567
|
520
|
613
|
739
|
655
|
1 799
|
1 639
|
1 558
|
1 524
|
471
|
479
|
530
|
505
|
466
|
586
|
512
|
339
|
366
|
241
|
182
|
245
|
235
|
263
|
239
|
177
|
100
|
22
|
51
|
133
|
|
| Income to Minority Interest |
1
|
1
|
2
|
(41)
|
(68)
|
(73)
|
(76)
|
(43)
|
(21)
|
(17)
|
(15)
|
(6)
|
(1)
|
(0)
|
0
|
2
|
2
|
2
|
2
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Net Income (Common) |
(5)
N/A
|
6
N/A
|
45
+708%
|
111
+148%
|
278
+151%
|
329
+18%
|
360
+9%
|
301
-16%
|
164
-45%
|
105
-36%
|
115
+10%
|
126
+9%
|
253
+101%
|
318
+26%
|
332
+4%
|
342
+3%
|
281
-18%
|
261
-7%
|
265
+1%
|
253
-4%
|
301
+19%
|
335
+11%
|
397
+18%
|
354
-11%
|
401
+13%
|
356
-11%
|
326
-9%
|
366
+12%
|
567
+55%
|
520
-8%
|
613
+18%
|
739
+21%
|
655
-11%
|
1 799
+175%
|
1 639
-9%
|
1 558
-5%
|
1 524
-2%
|
471
-69%
|
479
+2%
|
530
+11%
|
505
-5%
|
466
-8%
|
586
+26%
|
512
-13%
|
339
-34%
|
366
+8%
|
241
-34%
|
182
-25%
|
245
+35%
|
235
-4%
|
263
+12%
|
239
-9%
|
177
-26%
|
100
-43%
|
22
-78%
|
50
+128%
|
133
+163%
|
|
| EPS (Diluted) |
-0.05
N/A
|
0.06
N/A
|
0.48
+700%
|
1.18
+146%
|
2.97
+152%
|
3.5
+18%
|
3.85
+10%
|
3.2
-17%
|
1.75
-45%
|
1.12
-36%
|
1.23
+10%
|
1.35
+10%
|
2.7
+100%
|
3.38
+25%
|
3.53
+4%
|
3.66
+4%
|
3
-18%
|
2.81
-6%
|
2.83
+1%
|
2.7
-5%
|
3.21
+19%
|
3.62
+13%
|
4.27
+18%
|
3.88
-9%
|
4.35
+12%
|
3.87
-11%
|
3.55
-8%
|
3.95
+11%
|
6.14
+55%
|
5.46
-11%
|
6.59
+21%
|
7.95
+21%
|
7.04
-11%
|
19.24
+173%
|
17.64
-8%
|
16.73
-5%
|
16.33
-2%
|
5.04
-69%
|
5.12
+2%
|
5.68
+11%
|
5.4
-5%
|
4.97
-8%
|
6.26
+26%
|
5.5
-12%
|
3.63
-34%
|
3.92
+8%
|
2.58
-34%
|
1.94
-25%
|
2.62
+35%
|
2.51
-4%
|
2.81
+12%
|
2.55
-9%
|
1.89
-26%
|
1.07
-43%
|
0.28
-74%
|
0.54
+93%
|
1.42
+163%
|
|