Elkem ASA Balance Sheet

Financials in millions NOK. Fiscal year is January - December.

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Cash & Equivalents	4,876	2,694	4,397	6,367	9,255	7,040
Cash & Short-Term Investments	4,876	2,694	4,397	6,367	9,255	7,040
Cash Growth	68.02%	-38.73%	-30.94%	-31.20%	31.46%	123.21%
Accounts Receivable	2,187	1,852	1,960	3,209	4,248	4,297
Inventory	4,459	5,959	6,038	9,018	10,325	7,716
Other Current Assets	5,407	24,109	29,428	2,619	2,414	2,029
Total Current Assets	12,924	12,021	13,923	21,455	26,645	21,497
Net Property, Plant & Equipment	7,911	8,970	8,809	23,608	20,299	16,739
Other Intangible Assets	145	164	216	1,458	1,385	1,602
Goodwill	300	305	330	1,015	984	941
Long-Term Investments	240	210	230	1,296	1,039	241
Other Long-Term Assets	7,749	26,098	29,213	1,910	2,832	1,244
Total Assets	28,798	47,481	53,432	50,500	52,781	41,850
Accounts Payable	1,658	1,818	2,076	6,747	7,077	6,710
Current Portion of Long-Term Debt	1,950	2,322	12,907	14,740	10,535	10,381
Other Current Liabilities	1,699	8,078	10,857	1,900	3,680	2,753
Total Current Liabilities	4,783	5,368	4,698	10,577	11,832	12,252
Long-Term Debt	9,520	9,648	-	-	-	-
Other Long-Term Liabilities	2,332	9,036	11,240	2,655	2,715	2,133
Total Long-Term Liabilities	10,398	10,640	13,045	15,465	12,175	9,724
Total Liabilities	15,181	16,008	17,743	26,042	24,007	21,976
Additional Paid-in Capital	3,572	3,508	3,502	3,498	6,228	8,097
Retained Earnings	8,941	20,413	22,410	20,827	22,412	11,692
Total Common Shareholders' Equity	12,513	23,921	25,912	24,325	28,640	19,789
Minority Interest	115	104	109	133	134	86
Shareholders' Equity	12,628	24,026	26,020	24,458	28,773	19,874
Total Liabilities & Equity	28,798	47,481	53,432	50,500	52,781	41,850
Total Debt	11,470	11,970	12,907	14,740	10,535	10,381
Net Cash (Debt)	-6,594	-9,276	-8,510	-8,373	-1,280	-3,341
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-11.26	-14.62	-13.42	-13.17	-2.01	-5.37
Book Value	12,513	23,921	25,912	24,325	28,640	19,789
Book Value Per Share	21.36	37.70	40.86	38.26	45.06	31.81
Tangible Book Value	12,068	23,452	25,366	21,852	26,271	17,246
Tangible Book Value Per Share	20.60	36.96	40.00	34.37	41.33	27.73