Elkem ASA (OSL:ELK)
Norway · Delayed Price · Currency is NOK 32.00
0.00 (0.00%)
Nov 13, 2026, 4:25 PM CET
Elkem ASA Cash Flow Statement
Financials in millions NOK. Fiscal year is January - December.
Millions NOK. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 |
Net Income | -599 | -668 | 488 | 72 | 9,561 | 4,628 |
Depreciation & Amortization | 2,772 | 2,714 | 905 | 2,352 | 1,888 | 1,713 |
Other Amortization | 20 | 20 | 25 | 29 | 111 | 103 |
Loss (Gain) From Sale of Assets | - | - | - | - | -159 | - |
Asset Writedown & Restructuring Costs | -4 | 7 | 168 | 25 | 28 | 76 |
Loss (Gain) on Equity Investments | 5 | 13 | 27 | 22 | -108 | -15 |
Other Operating Activities | - | 831 | 701 | 627 | 115 | 516 |
Change in Accounts Receivable | 29 | 29 | 13 | 924 | 324 | - |
Change in Inventory | 627 | 627 | -447 | 1,660 | -2,258 | - |
Change in Accounts Payable | -954 | -954 | -45 | -349 | 134 | - |
Change in Other Net Operating Assets | 1,700 | -661 | -177 | -698 | -322 | -2,108 |
Operating Cash Flow | 2,420 | 1,176 | 2,030 | 2,769 | 9,314 | 4,913 |
Operating Cash Flow Growth | 79.26% | -42.07% | -26.69% | -70.27% | 89.58% | 132.73% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 |
Capital Expenditures | -1,470 | -2,359 | -3,398 | -4,988 | -4,213 | -3,266 |
Sale of Property, Plant & Equipment | 71 | 71 | 17 | 77 | 70 | 31 |
Cash Acquisitions | - | - | - | -190 | -284 | -78 |
Divestitures | -1,673 | - | - | - | 151 | - |
Investment in Securities | - | 1 | 15 | -330 | -283 | -10 |
Other Investing Activities | 40 | 39 | 63 | 132 | 155 | 138 |
Investing Cash Flow | -3,032 | -2,248 | -3,303 | -5,299 | -4,404 | -3,185 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 |
Short-Term Debt Issued | - | - | - | - | - | 709 |
Long-Term Debt Issued | - | 691 | 2,470 | 3,911 | 6,648 | 3,177 |
Total Debt Issued | 9,188 | 691 | 2,470 | 3,911 | 6,648 | 3,886 |
Short-Term Debt Repaid | - | - | - | - | -218 | - |
Long-Term Debt Repaid | - | -1,337 | -1,617 | -471 | -7,353 | -3,298 |
Lease Payments | -122 | -151 | -143 | -209 | -116 | -118 |
Total Debt Repaid | -8,519 | -1,337 | -1,617 | -471 | -7,571 | -3,298 |
Net Debt Issued (Repaid) | 669 | -646 | 853 | 3,440 | -923 | 588 |
Issuance of Common Stock | 1,744 | 1 | 5 | - | - | 1,900 |
Repurchase of Common Stock | -35 | - | - | -8 | -38 | -278 |
Common Dividends Paid | - | -190 | - | -3,815 | -1,900 | -96 |
Other Financing Activities | -61 | -86 | -121 | -104 | -38 | -58 |
Financing Cash Flow | 2,317 | -921 | 737 | -487 | -2,899 | 2,056 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 |
Foreign Exchange Rate Adjustments | -85 | -271 | 238 | 129 | 205 | 101 |
Miscellaneous Cash Flow Adjustments | - | - | 1 | - | -1 | - |
Net Cash Flow | 1,620 | -2,264 | -297 | -2,888 | 2,215 | 3,885 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 |
Free Cash Flow | 950 | -1,183 | -1,368 | -2,219 | 5,101 | 1,647 |
Free Cash Flow Growth | - | - | - | - | 209.72% | - |
Free Cash Flow Margin | 5.94% | -7.16% | -7.68% | -10.50% | 11.33% | 4.98% |
Free Cash Flow Per Share | 1.83 | -1.86 | -2.16 | -3.49 | 8.03 | 2.65 |
Levered Free Cash Flow | 14,616 | 2,643 | -18,215 | -752.13 | 3,687 | 286.13 |
Unlevered Free Cash Flow | 14,911 | 2,980 | -17,735 | -341.5 | 3,868 | 442.38 |
Free Cash Flow After Leases | 828 | -1,334 | -1,511 | -2,428 | 4,985 | 1,529 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 Interest Paid | 612 | 684 | 885 | 716 | 319 | 242 |
Cash Income Tax Paid | 552 | 436 | 614 | 2,281 | 1,345 | 423 |
Change in Working Capital | 1,402 | -959 | -656 | 1,537 | -2,122 | -2,108 |