ELKEM ASA: årsregnskap 2024 vs 2023
Shrank 16% on revenue, weaker earnings
approved 2025-04-30; registry 2025-08-16; journal 2025 741843
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ELKEM ASA. Revenue 11.63bn NOK → 9.71bn NOK (-16.5%). Net result +365.00m NOK → +2.32m NOK. Equity 13.41bn NOK → 15.66bn NOK.
On the constructive side: equity strengthened; current ratio back above 1×; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: 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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↑
Equity strengthened
Book equity 13.41bn NOK → 15.66bn NOK (equity ratio 39.4% → 43.4%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.97× → 1.06×. Calculated
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↑
Owners injected capital
Paid-in equity rose 3.50bn NOK → 3.50bn NOK (+4.00m NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 11.63bn NOK to 9.71bn NOK (-16.5% YoY). Calculated
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↓
Operating result weakened
Operating result +1.06bn NOK → +181.00m NOK (op. margin 9.2% → 1.9%). Calculated
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↓
Net result weakened
Net result +365.00m NOK → +2.32m NOK (net margin 3.1% → 0.0%). Calculated
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↓
Cash fell
Bank deposits 3.33bn NOK → 2.73bn NOK (-18.0% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 21.02bn NOK → 21.73bn NOK. Reported fact