ELKEF — Stock Film
STOCK FILMSCENE 1/11ELKEF · $3.40
Stock Expert AI presents
ELKEF
Elkem ASA
~4 min film100% real numbers0 jargon
WHAT DOES THIS COMPANY DO?
Elkem ASA. A quick introduction.

On the stock market since 2023, it operates in the world of raw materials. It has 7,200 employees. Now — the numbers.

on the stock market since 2023
7,200 employees
$2B market value
Revenue last year:
$0
The loss that same year:
$0
Sales don’t cover the costs; the gap drains from the cash pile every year.

The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.

THE SALES TREND
Sales have been shrinking.

An average decline of 16% a year over the last 4 years — the most striking risk in this picture. Red columns mark years that ended in a loss.

$33B
2021
$45B
2022
$34B
2023
$18B
2024
$17B
2025
In the vault right now:
$0
DEBT: $12.0B
At this pace, that money lasts about 4 years.

Before the clock runs out, either sales must climb sharply or new money must come in. For now, time is on the company’s side.

Every quarter, analysts set a profit bar.
How many of the last 8 did the company clear?
2 / 8
EXPECTATIONS MET OR BEATEN
2
Oct 2024
Feb 2025
Apr 2025
Jul 2025
Oct 2025
Feb 2026
Apr 2026
Jul 2026
2 TIMES IN THE LAST 8 QUARTERS
It misses the bar more often than not.
THE COUNCIL REVIEW
9

angles, checked one by one.

The 2 that stand out are on screen; the rest came back neutral.

The council scores out of 10; report-card grades are out of 100.

STRENGTHS
Fat profit per sale, but shrinking8/10
WEAK SPOTS
The stock has lost its spark0/10
THE FIVE-YEAR JOURNEY
Below the peak, but no collapse.

The stock trades 17% below its peak. The market has trimmed its expectations for the company.

1
THE BRIGHT SIDE · 1/1
Pays a steady dividend

It pays out $0.03 per share each year — regular cash for whoever holds the stock.

1
THE RISKS · 1/2
Lost money last year

A loss of $668M against $16.5B in annual sales. And on top of that, sales fell from the year before.

2
THE RISKS · 2/2
The stock has lost its spark

Since the drop from its peak, buyer appetite hasn’t come back. Council score: 0/10.

FINALE · THE GRADE
C
0 / 100 · MoonshotScore

On our five-subject report card, ELKEF sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.

The takeaway: ELKEF has solid sales but closed last year at a loss. The road back to profit runs through spending discipline.

What would you like to do next?
Open the stock page →
This was a film — not investment advice.
Data: FMP & company filings
Jul 24, 2026 · stockexpertai.com · Stock Film