ELKEM ASA: årsregnskap 2022 vs 2021
Grew 69% on revenue, stronger earnings
approved 2023-04-28; registry 2023-06-24; journal 2023 510876
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ELKEM ASA. Revenue 9.74bn NOK → 16.45bn NOK (+68.9%). Net result +1.77m NOK → +5.99bn NOK. Equity 11.28bn NOK → 14.01bn NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ELKEM ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 9.74bn NOK to 16.45bn NOK (+68.9% YoY). Calculated
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Operating result improved
Operating result +1.80m NOK → +7.54bn NOK (op. margin 0.0% → 45.8%). Calculated
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Net result improved
Net result +1.77m NOK → +5.99bn NOK (net margin 0.0% → 36.4%). Calculated
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Equity strengthened
Book equity 11.28bn NOK → 14.01bn NOK (equity ratio 40.5% → 39.6%). Calculated
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Cash rose
Bank deposits 4.26bn NOK → 5.32bn NOK (+24.8% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 6.18bn NOK → 3.49bn NOK — check capital reduction, conversion, or reclassification. Interpretation
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Book investments changed
Investment / intangible book value 15.65bn NOK → 19.08bn NOK. Reported fact