Riskpilot← Back to searchSign inGet full accessELKEM ASA
ASAActiveOrg 911382008Drammensveien 169, 0277 OsloManufacture of other inorganic basic chemicals · NACE 2013Est. 19041532 employeeswww.elkem.no
Revenue 2024
NOK 9,7B
-16% vs 2023
EBITDA margin
2.2%
-86% vs 2023
Equity ratio
43.4%
Financial strength
Net profit 2024
NOK 2,3B
+536% vs 2023
| Revenue | NOK 9,7B | -16% |
| EBITDA | NOK 217M | -86% |
| Net profit | NOK 2,3B | +536% |
| Total assets | NOK 36,1B | +6% |
| Equity | NOK 15,7B | +17% |
| Employees | 1532 | — |
Legal name
ELKEM ASA
Org number
911382008
Legal form
Allmennaksjeselskap
NACE code
2013 · Manufacture of other inorganic basic chemicals
Founded
2. januar 1904
Share capital
NOK 1 505 514 210
Employees
1532 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Address
Drammensveien 169, 0277 Oslo
Website
www.elkem.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2009 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3 970 000 | 5 599 202 | 5 292 934 | 6 523 021 | 7 278 422 | 7 010 979 | 7 176 549 | 6 944 000 | 6 268 000 | 7 626 000 | 9 740 000 | 16 455 000 | 11 628 000 | 9 710 000 |
| Staff expenses | −487 000 | −0 | −810 497 | −835 590 | −902 483 | −912 939 | −969 322 | −1 031 000 | −1 185 000 | −1 237 000 | −0 | −0 | −0 | −0 |
| EBITDA | −120 000 | 262 390 | −108 976 | 425 329 | 526 851 | 879 115 | 677 091 | 598 000 | 792 000 | 887 000 | 1 813 000 | 7 546 000 | 1 548 000 | 217 000 |
| Depreciation & amort. | −110 000 | −387 269 | −192 920 | 260 571 | −311 279 | −329 344 | −343 808 | −335 000 | −421 000 | −438 000 | −14 000 | −3 000 | −483 000 | −36 000 |
| EBIT | −230 000 | −124 879 | −301 896 | 685 900 | 215 572 | 549 771 | 333 283 | 263 000 | 371 000 | 449 000 | 1 799 000 | 7 543 000 | 1 065 000 | 181 000 |
| Net financials | −84 000 | 40 459 | −1 326 793 | −24 090 | 228 510 | 182 084 | 23 254 | 571 000 | 250 000 | 264 000 | 476 000 | 50 000 | −598 000 | 1 214 000 |
| Profit before tax | −314 000 | −84 420 | −1 628 689 | 661 810 | 444 082 | 731 855 | 356 537 | 834 000 | 621 000 | 713 000 | 2 275 000 | 7 593 000 | 467 000 | 1 395 000 |
| Tax | −259 000 | −0 | −181 950 | 230 311 | 117 337 | 146 920 | 46 612 | 62 000 | 109 000 | 297 000 | 502 000 | −0 | −0 | −928 000 |
| Net profit | 1 160 000 | −117 141 | −1 446 739 | 431 499 | 326 745 | 584 935 | 309 925 | 772 000 | 512 000 | 416 000 | 1 773 000 | 5 990 000 | 365 000 | 2 323 000 |
| Item | 2009 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 19 526 000 | 9 863 444 | 8 374 154 | 8 938 694 | 10 165 640 | 10 398 237 | 11 487 519 | 22 061 000 | 22 161 000 | 22 709 000 | 27 880 000 | 35 420 000 | 34 074 000 | 36 136 000 |
| Equity | 2 041 000 | 2 434 571 | 5 490 304 | 5 685 721 | 3 794 549 | 4 372 874 | 4 420 777 | 8 861 000 | 9 150 000 | 9 220 000 | 11 283 000 | 14 009 000 | 13 410 000 | 15 665 000 |
| Long-term debt | 8 722 000 | 5 521 665 | 56 521 | 172 702 | 3 277 865 | 3 221 529 | 2 948 130 | 7 409 000 | 8 820 000 | 6 978 000 | 7 725 000 | 9 897 000 | 11 935 000 | 12 307 000 |
| Short-term debt | 8 654 000 | 1 836 610 | 2 748 863 | 3 014 712 | 3 026 694 | 2 738 429 | 4 053 291 | 5 722 000 | 4 121 000 | 6 420 000 | 8 787 000 | 11 434 000 | 8 645 000 | 8 064 000 |
| Total debt | 17 376 000 | 7 358 275 | 2 805 384 | 3 187 414 | 6 304 559 | 5 959 958 | 7 001 421 | 13 131 000 | 12 941 000 | 13 398 000 | 16 512 000 | 21 331 000 | 20 580 000 | 20 371 000 |
EBITDA margin
2.2%
This company
15.8%
Market median
-86% vs market
20092024
Equity ratio
43.4%
This company
38.2%
Market median
+14% vs market
20092024
Return on equity
14.8%
This company
18.4%
Market median
+20% vs market
20092024
Net profit margin
23.9%
This company
8.1%
Market median
+195% vs market
20092024
Asset turnover
0.27×
This company
1.12×
Market median
-76% vs market
20092024
Debt / equity
1.31×
This company
0.62×
Market median
-111% vs market
20092024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via Brønnøysundsregistrene · Period 2012-01-01 – 2012-12-31
- Annual report 2009Filed via Brønnøysundsregistrene · Period 2009-01-01 – 2009-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
HA Chief Executive Officer | Chief Executive Officer | 2021 | — | — |
MV Deputy Member | Deputy Member | 2024 | — | — |
PW Deputy Member | Deputy Member | 2022 | — | — |
CL Deputy Member | Deputy Member | 2022 | — | — |
HF Deputy Member | Deputy Member | 2022 | — | — |
PR Observer | Observer | 2021 | — | — |
JH Deputy Member | Deputy Member | 2022 | — | — |
MK Chief Executive Officer | Chief Executive Officer | 2020 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
BL | Chairman | 2024 | — | — |
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2022 | — | — | |
| Deputy Chairman | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Chairman | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
WY | Board of Directors | 2024 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Bluestar Elkem Int.Co.Ltd S.A | Company | 52.9% | 52.9% | 2024 |
Folketrygdfondet | Company | 3.5% | 3.5% | 2024 |
Must Invest As | Company | 3.0% | 3.0% | 2024 |
Pareto Aksje Norge Verdipapirfond | Company | 2.6% | 2.6% | 2024 |
State Street Bank And Trust Comp | Company | 2.1% | 2.1% | 2024 |
Verdipapirfondet Alfred Berg Gambak | Company | 1.9% | 1.9% | 2022 |
J.P. Morgan Se | Company | 1.7% | 1.7% | 2024 |
Jpmorgan Chase Bank, N.A., London | Company | 1.5% | 1.5% | 2024 |
Verdipapirfondet Storebrand Norge Institusjon | Company | 1.4% | 1.4% | 2024 |
| Individual | 1.4% | 1.4% | 2022 | |
Verdipapirfondet Dnb Am Norske Aksjer | Company | 1.2% | 1.2% | 2024 |
| Individual | 1.2% | 1.2% | 2022 | |
| Individual | 1.0% | 1.0% | 2022 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
ELKEM ASA (this company)
EPB CHARTERING ASBoard members of ELKEM ASA also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Helge Aasen | Chief Executive Officer | 0 companies |
| Marit Venes Råde | Deputy Member | 0 companies |
| Paul Wilpert | Deputy Member | 0 companies |
| Camilla Landro | Deputy Member | 0 companies |
| Heidi Feldborg | Deputy Member | 0 companies |
| Per Roar Aas | Observer | 0 companies |
| Jan Harald Karlsen | Deputy Member | 0 companies |
| Michael König | Chief Executive Officer | 0 companies |
| Bo Li | Chairman | 0 companies |
| Dachuan Dong | Board of Directors | 0 companies |
| Jingwan Wu | Board of Directors | 0 companies |
| Dag Jakob Opedal | Deputy Chairman | 0 companies |
| Nathalie Veronique Brunelle | Board of Directors | 0 companies |
| Zhigang Hao | Chairman | 0 companies |
| Knut Sande | Board of Directors | 0 companies |
| Yougen Ge | Board of Directors | 0 companies |
| Thomas Eggan | Board of Directors | 0 companies |
| Terje Andre Hanssen | Board of Directors | 0 companies |
| Marianne Elisabeth Johnsen | Board of Directors | 0 companies |
| Marianne Færøyvik | Board of Directors | 0 companies |
| Grace Hui Tang | Board of Directors | 0 companies |
| Anja Isabel Dotzenrath | Board of Directors | 0 companies |
| Olivier Louis Marie Gerard Tillette De Clermont Tonnerre | Board of Directors | 0 companies |
| Wei Yao | Board of Directors | 0 companies |