ELKEM TESTVIRKSOMHET AS

0277 OSLO

Finances

Share Ownership

Return on Equity

−119,31 %

Current Ratio

9,95

Debt-to-Equity Ratio

1,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 071 605 000	577 776 000	240 080 000	384 119 000
Net Income	−335 710 000	−2 358 352 000	−348 995 000	−667 247 000
Total Assets	727 959 000	865 852 000	2 822 669 000	2 786 430 000
Total Equity	281 368 000	617 173 000	2 133 601 000	2 479 744 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 071 605 000	577 776 000	240 080 000	384 119 000
Expenditure	1 342 907 000	2 893 093 000	600 660 000	1 054 437 000
Operating Profit	−271 303 000	−2 315 317 000	−360 580 000	−670 319 000
Financial Income	−48 425 000	−27 507 000	30 546 000	1 774 000
Financial Costs	15 982 000	15 528 000	18 960 000	3 102 000
Financial Balance	−64 407 000	−43 035 000	11 586 000	−1 328 000
Earnings Before Tax	−335 710 000	−2 358 352 000	−348 995 000	−671 647 000
Tax	0	0	0	−4 400 000
Net Income	−335 710 000	−2 358 352 000	−348 995 000	−667 247 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	289 842 000	272 220 000	2 376 141 000	2 428 760 000
Total Current Assets	438 117 000	593 632 000	446 528 000	357 670 000
Total Assets	727 959 000	865 852 000	2 822 669 000	2 786 430 000
Total Retained Equity	−710 947 000	−375 143 000	0	0
Total Equity	281 368 000	617 173 000	2 133 601 000	2 479 744 000
Total Long-Term Debt	402 572 000	123 578 000	550 604 000	2 970 000
Total Current Debt	44 019 000	125 102 000	138 464 000	303 716 000
Total Equity and Debt	727 959 000	865 852 000	2 822 669 000	2 786 430 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 024 138 000	529 449 000	193 618 000	317 488 000
Other Income	47 467 000	48 327 000	46 462 000	66 630 000
Revenue	1 071 605 000	577 776 000	240 080 000	384 119 000
Cost of Goods Sold	698 812 000	289 544 000	30 786 000	255 509 000
Salary Costs	192 604 000	214 867 000	145 716 000	186 132 000
Depreciation	4 082 000	182 578 000	226 245 000	218 313 000
Impairment	0	1 941 900 000	1 722 000	149 814 000
Expenditure	1 342 907 000	2 893 093 000	600 660 000	1 054 437 000
Operating Profit	−271 303 000	−2 315 317 000	−360 580 000	−670 319 000
Financial Income	−48 425 000	−27 507 000	30 546 000	1 774 000
Financial Costs	15 982 000	15 528 000	18 960 000	3 102 000
Financial Balance	−64 407 000	−43 035 000	11 586 000	−1 328 000
Dividends	0	0	0	0
Net Income	−335 710 000	−2 358 352 000	−348 995 000	−667 247 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	24 438 000	31 683 000
Real Eastate	21 206 000	22 592 000	1 370 300 000	1 451 450 000
Machinery and Plant Facilities	9 567 000	12 264 000	719 706 000	844 141 000
Fixtures	0	0	0	0
Total Tangible Assets	289 842 000	272 220 000	2 351 703 000	2 397 077 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	289 842 000	272 220 000	2 376 141 000	2 428 760 000
Stock	311 300 000	402 297 000	289 705 000	217 890 000
Total Investments	0	0	0	0
Cash, Bank	23 127 000	22 204 000	29 619 000	35 593 000
Total Current Assets	438 117 000	593 632 000	446 528 000	357 670 000
Total Assets	727 959 000	865 852 000	2 822 669 000	2 786 430 000
Total Equity	281 368 000	617 173 000	2 133 601 000	2 479 744 000
Short-Term Group Debt	4 583 000	7 734 000	26 893 000	209 231 000
Total Long-Term Debt	402 572 000	123 578 000	550 604 000	2 970 000
Creditors	15 881 000	67 757 000	80 971 000	61 555 000
Unpaid Taxes	6 005 000	14 616 000	11 455 000	9 858 000
Dividends	0	0	0	0
Other Current Debt	17 550 000	34 995 000	19 145 000	20 300 000
Total Current Debt	44 019 000	125 102 000	138 464 000	303 716 000
Total Equity and Debt	727 959 000	865 852 000	2 822 669 000	2 786 430 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−119,31 %	−382,12 %	−16,36 %	−26,91 %
Debt-to-Equity Ratio	1,43	0,2	0,26	0
Operating Profit Margin	−25,32 %	−400,73 %	−150,19 %	−174,51 %
Current Ratio	9,95	4,75	3,22	1,18
Quick Ratio	−1,64	−2,14	−2,95	4,17
Equity Ratio	0,39	0,71	0,76	0,89
Gross Profit Margin	34,79 %	49,89 %	87,18 %	33,48 %