ELKEM ASA financials
ELKEM ASA
Country: NO Reporting currency: NOK Latest annual report: 2024-12-31
LEI:
549300CVBE06T0SH6T76 Financial statements
(NOK, as reported — unscaled; 105 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Revenue | NOK 17.81B | NOK 21.13B |
| Employee benefits expense | NOK 2.77B | NOK 2.66B |
| Raw materials & consumables used | NOK 8.31B | NOK 10.82B |
| Depreciation & amortisation | NOK 931.0M | NOK 844.0M |
| Operating profit (EBIT) | NOK 2.09B | NOK 3.58B |
| Finance costs | NOK 778.0M | NOK 666.0M |
| Profit before tax | NOK 1.53B | NOK 2.88B |
| Income tax expense | -NOK 588.0M | NOK 781.0M |
| Profit for the year | NOK 577.0M | NOK 170.0M |
| — attributable to owners | NOK 488.0M | NOK 72.0M |
| — attributable to NCI | NOK 89.0M | NOK 98.0M |
| Total comprehensive income | NOK 1.68B | -NOK 396.0M |
| Per share | ||
| Basic EPS | NOK 0.77 | NOK 0.11 |
| Diluted EPS | NOK 0.77 | NOK 0.11 |
| Free cash flow / share | NOK -1.83 | NOK -1.44 |
| Cash flow statement | ||
| Net cash from operating activities | NOK 2.03B | NOK 2.77B |
| Income taxes paid | NOK 614.0M | NOK 2.28B |
| Net cash from investing activities | -NOK 3.30B | -NOK 5.30B |
| Net cash from financing activities | NOK 737.0M | -NOK 487.0M |
| Dividends paid | NOK 123.0M | NOK 3.92B |
| Proceeds from borrowings | NOK 2.47B | NOK 3.91B |
| Repayments of borrowings | NOK 1.47B | NOK 262.0M |
| Lease liability payments | NOK 143.0M | NOK 209.0M |
| Net change in cash | -NOK 536.0M | -NOK 3.02B |
| Balance sheet | ||
| Total assets | NOK 53.43B | NOK 50.50B |
| Non-current assets | NOK 12.32B | NOK 29.05B |
| Property, plant & equipment | NOK 8.40B | NOK 22.75B |
| Right-of-use assets | NOK 403.0M | NOK 854.0M |
| Intangible assets & goodwill | NOK 329.0M | NOK 1.01B |
| Current assets | NOK 13.92B | NOK 21.45B |
| Inventories | NOK 6.04B | NOK 9.02B |
| Trade & other receivables | NOK 1.96B | NOK 3.21B |
| Cash & equivalents | NOK 4.40B | NOK 6.37B |
| Total equity | NOK 26.02B | NOK 24.46B |
| Non-controlling interests | NOK 109.0M | NOK 133.0M |
| Non-current liabilities | NOK 13.04B | NOK 15.46B |
| Current liabilities | NOK 4.70B | NOK 10.58B |
| Deferred tax liabilities | NOK 238.0M | NOK 935.0M |
| Derived metrics | ||
| Free cash flow | -NOK 1.37B | -NOK 2.22B |
| Operating margin | 11.8% | 16.9% |
| Net margin | 3.2% | 0.8% |
| Return on equity | 2.2% | 0.7% |
| Cash conversion ratio | 3.52× | 16.29× |
| Capex coverage | 0.60× | 0.56× |
| Other reported items | ||
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | NOK 2.85B | NOK 2.41B |
| Adjustments For Gains Losses On Change In Fair Value of Derivatives | -NOK 475.0M | NOK 59.0M |
| Adjustments For Undistributed Profits of Investments Accounted For Using Equity Method | -NOK 27.0M | -NOK 22.0M |
| Cash and Cash Equivalents Classified As Part of Disposal Group Held For Sale | NOK 1.67B | NOK 0 |
| Cash and Cash Equivalents If Different From Statement of Financial Position | NOK 6.07B | NOK 6.37B |
| Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities | NOK 10.0M | NOK 0 |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | NOK 0 | NOK 152.0M |
| Comprehensive Income Attributable To Noncontrolling Interests | NOK 98.0M | NOK 102.0M |
| Comprehensive Income Attributable To Owners of Parent | NOK 1.58B | -NOK 498.0M |
| Current Derivative Financial Assets | NOK 267.0M | NOK 411.0M |
| Current Derivative Financial Liabilities | NOK 140.0M | NOK 66.0M |
| Current Provisions For Employee Benefits | NOK 471.0M | NOK 912.0M |
| Current Tax Liabilities Current | NOK 106.0M | NOK 240.0M |
| Deferred Tax Assets | NOK 738.0M | NOK 134.0M |
| Dividends Paid To Equity Holders of Parent Classified As Financing Activities | NOK 0 | NOK 3.81B |
| Dividends Paid To Noncontrolling Interests Classified As Financing Activities | NOK 123.0M | NOK 104.0M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | NOK 238.0M | NOK 129.0M |
| Equity and Liabilities | NOK 53.43B | NOK 50.50B |
| Finance Income | NOK 107.0M | NOK 137.0M |
| Gains Losses On Cash Flow Hedges Before Tax | NOK 29.0M | -NOK 1.29B |
| Gains Losses On Exchange Differences On Translation Net of Tax | NOK 1.15B | NOK 476.0M |
| Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss | NOK 247.0M | -NOK 106.0M |
| Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | NOK 168.0M | NOK 25.0M |
| Income Tax Relating To Cash Flow Hedges of Other Comprehensive Income | NOK 13.0M | -NOK 285.0M |
| Income Tax Relating To Hedges of Net Investments In Foreign Operations of Other Comprehensive Income | -NOK 28.0M | -NOK 44.0M |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | NOK 1.0M | -NOK 4.0M |
| Increase Decrease In Working Capital | NOK 629.0M | -NOK 1.58B |
| Increase Decrease Through Sharebased Payment Transactions | NOK 2.0M | NOK 8.0M |
| Increase Decrease Through Treasury Share Transactions | NOK 5.0M | -NOK 8.0M |
| Intangible Assets Other Than Goodwill | NOK 216.0M | NOK 1.46B |
| Interest Paid Classified As Operating Activities | NOK 885.0M | NOK 716.0M |
| Interest Received Classified As Operating Activities | NOK 119.0M | NOK 179.0M |
| Investment Accounted For Using Equity Method | NOK 230.0M | NOK 1.30B |
| Liabilities Included In Disposal Groups Classified As Held For Sale | NOK 9.67B | NOK 0 |
| Miscellaneous Other Operating Expense | NOK 4.28B | NOK 4.17B |
| Miscellaneous Other Operating Income | NOK 1.07B | NOK 331.0M |
| Noncurrent Derivative Financial Assets | NOK 1.01B | NOK 977.0M |
| Noncurrent Derivative Financial Liabilities | NOK 485.0M | NOK 235.0M |
| Noncurrent Provisions For Employee Benefits | NOK 238.0M | NOK 507.0M |
| Other Cash Payments To Acquire Interests In Joint Ventures Classified As Investing Activities | NOK 4.0M | NOK 329.0M |
| Other Comprehensive Income | NOK 1.10B | -NOK 566.0M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | NOK 8.0M | -NOK 19.0M |
| Other Comprehensive Income Before Tax Hedges of Net Investments In Foreign Operations | -NOK 128.0M | -NOK 199.0M |
| Other Comprehensive Income Net of Tax Gains Losses From Investments In Equity Instruments | NOK 2.0M | NOK 3.0M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | NOK 1.07B | -NOK 686.0M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | NOK 9.0M | -NOK 12.0M |
| Other Current Assets | NOK 1.25B | NOK 2.06B |
| Other Inflows Outflows of Cash Classified As Investing Activities | NOK 9.0M | -NOK 1.0M |
| Other Noncurrent Assets | NOK 985.0M | NOK 556.0M |
| Payments To Acquire Or Redeem Entitys Shares | -NOK 5.0M | NOK 8.0M |
| Proceeds From Government Grants Classified As Investing Activities | NOK 64.0M | NOK 132.0M |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | NOK 17.0M | NOK 77.0M |
| Profit Loss From Continuing Operations | NOK 2.12B | NOK 2.10B |
| Profit Loss From Discontinued Operations | -NOK 1.54B | -NOK 1.93B |
| Purchase of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | NOK 3.40B | NOK 4.99B |
| Reclassification Adjustments On Cash Flow Hedges Before Tax | -NOK 14.0M | -NOK 170.0M |
| Retained Earnings | NOK 22.41B | NOK 20.83B |
| Revenue and Operating Income | NOK 18.87B | NOK 21.51B |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Net of Tax | NOK 4.0M | NOK 3.0M |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Not Be Reclassified To Profit Or Loss Net of Tax | NOK 0 | NOK 0 |
| Trade and Other Payables To Trade Suppliers | NOK 2.08B | NOK 5.28B |
Methodology
Every line item above is a fact tagged in ELKEM ASA's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (NOK), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.