PilBouvet in Brief

Bouvet ASA is a Scandinavian provider of consultancy and development services within information technology. Bouvet has nearly 600 employees in 10 offices in Norway and Sweden.

Business idea
Bouvet’s business idea is to make business processes more efficient and create opportunities in close cooperation with its customers.

Ambitions and goals

  • Bouvet aims to be the leading consultancy in its selected service segments
  • Bouvet’s ambition is to have the highest degree of customer and employee satisfaction
  • Bouvet aims to combine profitability and growth, through organic growth and strategic acquisitions

Service areas:
Bouvet provides services within the following service areas:

  • Portals
  • System development
  • System integration
  • SAP
  • Business Intelligence
  • Application management
  • Training / Courses
  • Technical Infrastructure

Bouvet’s service areas are largely complementary. Accordingly, a delivery typically consists of services within several of the service areas.

Customers
Bouvet has a strong customer base. We provide services for a wide range of sectors. The most prominent sectors are:

  • commerce
  • energy
  • public
  • banking and finance
  • services

Some of our customers are:

  • Statoil
  • ICA Ahold
  • Statkraft
  • Kreftforeningen (The Norwegian Cancer Society (NCS))
  • Statens Innkrevingssentral (The Norwegian National Collection Agency (NCA))
  • Avinor
  • Revisorforeningen (The Norwegian Institute of Public Accountants (DnR))
  • Utdanningsdirektoratet (The Norwegian Directorate for Education and Training)

Employees
Average age: 37 years
Average experience: 12.4 years
Education at university level: >95%

Bouvet is listed on Oslo Axess with the ticker symbol 'BOUVET'.

PilService areas

Bouvet provides services described briefly in the following section. However, most deliveries are combinations of the service areas. The customers’ needs are the deciding factors.

Portals
Today’s portals serve the function of being an employee’s most important working tool and a company’s channel of communication with the public, partners, suppliers and customers. The portal gathers information from multiple underlying systems and facilitates easy access for the user.

Custom application development
Standard systems are often considered too general, and needs tailoring to fit the organisation perfectly. Custom application development comprises different phases, from planning, mapping of requirements, analysis and design, implementation, testing and deployment. The development process benefits from being agile in order to meet changing demands throughout the process.

In order to meet the customer’s requirements, Bouvet focuses on a few established technical and methodical frameworks. Bouvet focuses on the following technical platforms; Java, Oracle, IBM, Microsoft and Open source products.

SAP
SAP is one of the world’s major software suppliers. Bouvet is one of the leading companies within SAP competence in Norway. We conduct total deliveries of SAP, adjustments, upgrades and enhanced utilisation of already installed SAP-modules in addition to integration between SAP and other systems.

Bouvet helps the customer see new business opportunities and uses its capabilities within this technology to develop solutions that realise the potential.

Bouvet has, as the only SAP Education Partner for SAP in Norway, the responsibility for all open SAP training in the country.

Business Intelligence
The availability of updated information about business operations and factors that can be of influence is critical in a market characterised by rapid change. The purpose of Business Intelligence (BI) is to collect, analyse and give access to information to obtain an optimal decision basis in order to facilitate qualified decisions and rapid adjustments.

BI-systems give more knowledge about the business and factors that affect results such as revenues, production and changes in demand or market shares.

System integration
Companies in general own, operate and maintain several different IT-systems. The different systems are often tailor-made and customised for a limited area. The collection of data from different systems can often provide a useful tool for companies and the integration of systems eliminates the process of physically gathering the information.

A Service Oriented Architecture (SOA) ensures that the systems support the business’ needs and processes optimally. Bouvet has participated in several of the largest Nordic SOA-projects.

The gains from system integration include easier maintenance, increased availability of information and more efficient business processes.

Application management
Companies often find it too costly to build and maintain the competence required for further development and maintenance of applications. Bouvet has developed a concept for application management (BAM - Bouvet Application Management). All elements related to an application assignment, such as phone support, corrective maintenance, configuration management, new releases and change management are included in the BAM concept. BAM also involves activities for development and improvement of the application.

Bouvet signs management contracts for most major applications we develop.

Education & training
Bouvet offers education and training within IT, project management and presentation technique. The courses are held by experts within the subject area. Accordingly, the courses are based on solid experience and practical examples.

In addition to a wide selection of open courses, we offer our customers in-house, tailor-made courses, either at the customers’ offices or at our own facilities.

As Bouvet is the only SAP Education Partner in Norway, we offer a wide range of SAP standard classes and certifications. These courses contain course material developed by centrally by SAP.

ArrowShare Information
Latest Share Price:

51,00 +0,00%
Updated: 09.09.2010 17:25:18
The share price is minimum 15 minutes delayed.
PilFinancial Calendar

 

 19.02.2010  Fourth quarter 2009 results and preliminary financial report for 2009 
 29.04.2010  Annual General Meeting

 11.05.2010

 First quarter 2010 results
 26.08.2010  Second quarter 2010 results
 09.11.2010  Third quarter 2010 results
 Medio feb 2011   Fourth quarter 2010 results and preliminary financial report for 2010 

 

 

 

 

The company reserves its right to change the dates with due notice.

The presentation will take place at 08:30 hrs at the Felix Konferansesenter, Bryggetorget 3 Aker Brygge, 0125 Oslo .
 
The presentation will be available on Bouvet`s homepage
www.bouvet.no at the release date. 

For further information, please contact:
Erik Stubø (CFO), Mobile +47 95 03 60 11

ArrowKey Figures
ArrowReports
ArrowPresentations
PilBoard of Directors

 Åge Danielsen  Chairperson
 Randi Helene Røed  Vice chairperson
 Grethe Høiland  Board member
 Ingebrigt Steen Jensen   Board Member
 Kent Mikael Rosseland  Board member (elected by and among Bouvet's employees)
 Ida Lau Borch  Board member (elected by and among Bouvet's employees)
 Morten Njåstad Bråten  Board member (elected by and among Bouvet's employees) 

 

 

 

 

 

The following provides a profile of the current members of the Board.

Åge Danielsen, Oslo, (Born 1942), Chairperson

Mr. Danielsen has a Master`s degree in economics from University of Oslo. He has extensive experience in  management and board positions. Previous positions include CEO of Rikshospitalet University Hospital, Statskonsult (Directorate of Management), Nordland Regional College, Secretary General of The Ministry of Defence and alderman of Nordland County. He has been in board positions in several research institutions and companies. During the last five years, Mr Danielsen has held the following positions

  • 1997- 2008: Rikshospitalet University Hospital, CEO
  • 1997- 2004: Medinnova AS, Board member
  • 1996- current: Control Comittee, BI  Norwegian School of Management, Chairperson
  • 2001- 2005: Asplan Foundation, Board member
  • 2002- current: Norwegian Defence Estates Agency (Forsvarsbygg), Chairperson
  • 2006- current: Drug liability association, Chair member
  • 2006- 2008: The Cancer Registry of Norway, Chairperson
  • 2007- current: Narvik University College, Board member
  • 2008- 2009: Bouvet ASA, Board member
  • 2009 - current: Bouvet ASA, Chairperson

The business address of Mr Danielsen is Wedel Jarlsbergs vei 15, 1358 Jar.

Randi Helene Røed, Hamar (born 1963), Vice chairperson
Ms. Røed has a Master’s degree in business administration (Siviløkonom) from the Norwegian School of Economics, Business and Administration (NHH). Ms. Røed has extensive experience within management, accounting and controlling. Previous positions include Office Manager of Corporate Accounts at DnB NOR ASA, Controller for IBM, Senior Associate with PriceWaterhouseCoopers AS and Head of Human Relations for Eidsiva Energi AS. Ms. Røed has held the following positions during the last five years:

  • 2002-2004: Eidsiva Energi AS, Head of Administration
  • 2004-current: Eidsiva Energi AS, Head of Human Relations
  • 2004- 2007: Bouvet ASA, Board member
  • 2005-current: Eidsiva Nett AS, Board member
  • 2005-current: Eidsiva Energi Entrepenør AS, Board member
  • 2005-current: Raufossnett AS, Board member
  • 2006-current: Oppland Energi Nett AS, Board member
  • 2007-current: Bouvet ASA, Vice Chairperson
  • 2008-current: Norsk Tipping, CFO

The business address of Ms. Røed is Jønsrudvegen 21, 2315 Hamar.

Grethe Høiland, Stavanger, (born 1956), Board member
Ms. Høyland has a Master’s degree in power technique from the Norwegian University of Science and Technology and a degree in Business Administration from the Norwegian School of Management. She has substantial experience from various management positions including CEO of Lyse Nett AS, Director of Technology at Stavanger Energi AS. Ms. Høiland is currently employed as Head of Marketing at Lyse Energi AS. During the last five years, Ms. Høiland has held the following positions:

  • 1998-2005: Lyse Nett AS, CEO
  • 1999-2005: NHO, EBL, Board member
  • 2003-current: Statnett SF, Board member
  • 2005-current: SINTEF Energiforskning
  • 2005-Current: Lyse AS, Head of Marketing
  • 2006-current: NHO Rogaland, Board member
  • 2006-current: Bane Tele AS, Board member
  • 2006-current: Stavanger Regionen Havneservice AS, Board member
  • 2007-Current: Bouvet ASA, Board member

The business address of Ms. Høiland is Breiflåtveien 18 Mariero, 4017 Stavanger.

Ingebrigt Steen Jensen, Oslo, (born 1955) Board member
Mr. Steen Jensen is educated from the University of Oslo. He is an author (titles: 'Ona Fyr' and 'Alltid. Uansett'), advisor and speaker within management, motivation, branding and communication. He has built and managed several advertising and communication operations, among others JBR Reklamebyrå and Dinamo. He is a newspaper columnist in 'Asker og Bærums Budstikke' and 'Vårt Land'. Mr. Steen Jensen has held the following positions during the last five years:

  • Dinamo Norge AS, Board Member
  • Asker og Bærums Budstikke ASA, Board Member
  • 2009 - current: Stabæk Fotball, Chairperson

The business adress of mr. Steen Jensen is Widerøeveien 1, 1360 Fornebu.

Kent Mikael Rosseland, Stavanger (born 1975), Board member (elected by and among the employees)
Mr. Rosseland has a Master’s degree in Information Technology (Sivilingeniør) from the University of Stavanger. Mr. Rosseland has experience within system development and project management.

The business address of Mr. Rosseland is Fabrikkveien 10, 4033 Stavanger.

Ida Lau Borch, Oslo (born 1966), Board member (elected by and among the employees)
Ida Lau Borch has a Master’s degree in computer engineering (Sivilingeniør) from the Norwegian University of Technology (NTH). Ms. Borch has experience within project and technology management. Previous positions include Project Manager at daVinci consulting AS, CEO at Invenia AS and Director of Human Resources at Trolltech AS. She has been working as a Project Manager at Bouvet since 2005.

The business address of Ms. Borch is Sandakerveien 24C, Pb 4430 Nydalen, 0403 Oslo.

Morten Njåstad Bråten, Arendal (born 1973), Board member (elected by and among the employees)
Mr. Bråten is a project manager and is educated within Information Technology at NHI Datahøgskolen (1992 – 1994). Mr. Bråten has worked in the IT-industry since 1995 and has extensive experience within consulting, project management and test management. Previous positions include Chief Consultant at TietoEnator AS, Project Manager at Genus AS and Project Manager at Icon Medialab AS. He is also Safety Representative (Verneombud) at Bouvet (office locations Arendal and Kristiansand). Mr. Bråten has been working as an Advisor at Bouvet since 2007.

The business address of Mr. Bråten is Vikaveien 29, 4817 HIS.

PilManagement

Sverre Hurum, CEO
Erik Stubø, CFO
Nils Olav Nergaard, COO and Regonal Director West (Rogaland and Bergen)
Åsmund Mæhle, kommunikasjonssjef

Oslo:
Anders Volle
Janniche Engum (permisjon)
Ida Lau Borch
Mette Statle Gulbrandsen
Hans-Peter Olsen
Tor Erling Aanerud
Jørgen Kaasa
Morten Larsen
Simen Sommerfeldt
Torgeir Nilsen
Stein Riisnæs
Kenneth Gavoll-Hansen
Tom Gulbrandsen
Espen Enger
Ane Amundsen
Atle Krokeide
Kristin Jacobsen
Lars Klyve
Lisbeth Sneve Viker
Morten Arnesen
Ole-Jørgen Tallaksrud
Per Gunnar Tronsli

Bergen:
Anne Hasselgreen
Øyvind Litlere

Rogaland:
Nina Bore Kleppe
Knut Raeng
Bjarte Heigre
Svein Ole Bowitz
Liv Ryssdal Thorsen (permisjon)
Øyvind Aardal
Henrik Jelsa
Pål Arne Kvia
Bjørn Varhaug
Johannes Stavland
Bjarte Gudmundsen
Reidar Lorentzen
Kjetil Molaug
Elsa Mayra Irgens
Tom Stensrød

North:

Eirik Vefsnmo
Bernt Rognes
Anita Kvamme

South:
Arne Hermansen
Hårek Stranheim
Morten Rosenberg

Sweden

Malmö:
Stefan Hult

Stockholm:
Jonna Nordén

PilAnalysts

To receive an analysis of Bouvet's performance, you may wish to contact a financial analyst who follows Bouvet on a regular basis.

Company  Analyst  Telephone  E-mail
 ABG Sundal Collier ASA   Hallgeir Hollup   + 47 22 01 61 40 

 hallgeir.hollup@abgsc.no

 DnB NOR Markets  Fredrik Thoresen   + 47 22 94 89 98  fredrik.thoresen@dnbnor.no

 

 

 

Arendal tlf.: 37058730 | Bergen tlf.: 55200917 | Grenland tlf.: 23406000 | Haugesund tlf.: 52821017 | Kristiansand tlf.: 23406000
Oslo tlf.: 23406000 | Stavanger tlf.: 51200020 | Trondheim tlf.: 73537000 | Stockholm tlf.: +46 8 578 771 00 | Malmö tlf.: 040-6366000