Elkem ASA (OSL:ELK)
Norway · Delayed Price · Currency is NOK 29.76
+0.44 (1.50%)
Feb 23, 2026, 4:04 PM CET
Elkem ASA Income Statement
Financials in millions NOK. Fiscal year is January - December.
Millions NOK. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 16,535 | 17,810 | 21,134 | 45,018 | 33,083 |
Other Revenue | - | - | - | -1 | - |
| 16,535 | 17,810 | 21,134 | 45,017 | 33,083 | |
Revenue Growth (YoY) | -7.16% | -15.73% | -53.05% | 36.07% | 37.70% |
Cost of Revenue | 7,631 | 8,313 | 10,825 | 21,976 | 15,985 |
Gross Profit | 8,904 | 9,497 | 10,309 | 23,041 | 17,098 |
Selling, General & Admin | 2,880 | 2,792 | 2,683 | 4,979 | 4,578 |
Other Operating Expenses | 3,661 | 4,365 | 3,546 | 4,337 | 5,049 |
Operating Expenses | 7,549 | 8,088 | 7,073 | 11,315 | 11,443 |
Operating Income | 1,355 | 1,409 | 3,236 | 11,726 | 5,655 |
Interest Expense | -539 | -768 | -657 | -289 | -250 |
Interest & Investment Income | 65 | 81 | 139 | 69 | 37 |
Earnings From Equity Investments | 20 | -149 | -19 | 118 | 86 |
Currency Exchange Gain (Loss) | -345 | 281 | 218 | 481 | 275 |
Other Non Operating Income (Expenses) | -2 | 14 | -13 | 50 | 51 |
EBT Excluding Unusual Items | 554 | 868 | 2,904 | 12,155 | 5,854 |
Merger & Restructuring Charges | -23 | -32 | -35 | 2 | 25 |
Gain (Loss) on Sale of Investments | 10 | 8 | 2 | 1 | 2 |
Gain (Loss) on Sale of Assets | - | 2 | 24 | 157 | -5 |
Asset Writedown | -7 | -168 | -25 | -28 | -76 |
Other Unusual Items | - | - | - | -71 | - |
Pretax Income | 534 | 1,527 | 2,878 | 12,235 | 5,827 |
Income Tax Expense | 149 | -588 | 781 | 2,594 | 1,163 |
Earnings From Continuing Operations | 385 | 2,115 | 2,097 | 9,641 | 4,664 |
Earnings From Discontinued Operations | -969 | -1,538 | -1,927 | - | - |
Net Income to Company | -584 | 577 | 170 | 9,641 | 4,664 |
Minority Interest in Earnings | -84 | -89 | -98 | -80 | -36 |
Net Income | -668 | 488 | 72 | 9,561 | 4,628 |
Net Income to Common | -668 | 488 | 72 | 9,561 | 4,628 |
Net Income Growth | - | 577.78% | -99.25% | 106.59% | 1836.40% |
Shares Outstanding (Basic) | 634 | 634 | 635 | 634 | 618 |
Shares Outstanding (Diluted) | 635 | 634 | 636 | 636 | 622 |
Shares Change (YoY) | 0.07% | -0.26% | 0.03% | 2.18% | 6.99% |
EPS (Basic) | -1.05 | 0.77 | 0.11 | 15.09 | 7.49 |
EPS (Diluted) | -1.05 | 0.77 | 0.11 | 15.04 | 7.44 |
EPS Growth | - | 605.36% | -99.27% | 102.15% | 1714.63% |
Free Cash Flow | -1,143 | -1,368 | -2,219 | 5,101 | 1,647 |
Free Cash Flow Per Share | -1.80 | -2.16 | -3.49 | 8.03 | 2.65 |
Dividend Per Share | - | 0.300 | - | 6.000 | 3.000 |
Dividend Growth | - | - | - | 100.00% | 1900.00% |
Gross Margin | 53.85% | 53.32% | 48.78% | 51.18% | 51.68% |
Operating Margin | 8.20% | 7.91% | 15.31% | 26.05% | 17.09% |
Profit Margin | -4.04% | 2.74% | 0.34% | 21.24% | 13.99% |
Free Cash Flow Margin | -6.91% | -7.68% | -10.50% | 11.33% | 4.98% |
EBITDA | 3,987 | 4,130 | 5,536 | 13,495 | 7,252 |
EBITDA Margin | 24.11% | 23.19% | 26.20% | 29.98% | 21.92% |
D&A For EBITDA | 2,632 | 2,721 | 2,300 | 1,769 | 1,597 |
EBIT | 1,355 | 1,409 | 3,236 | 11,726 | 5,655 |
EBIT Margin | 8.20% | 7.91% | 15.31% | 26.05% | 17.09% |
Effective Tax Rate | 27.90% | - | 27.14% | 21.20% | 19.96% |
Revenue as Reported | 16,727 | 18,870 | 21,510 | 45,898 | 33,717 |
Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.