Elmera Group Balance Sheet Health
Financial Health criteria checks 2/6
Elmera Group has a total shareholder equity of NOK1.4B and total debt of NOK1.4B, which brings its debt-to-equity ratio to 102.1%. Its total assets and total liabilities are NOK5.0B and NOK3.6B respectively. Elmera Group's EBIT is NOK372.2M making its interest coverage ratio 2.8. It has cash and short-term investments of NOK479.5M.
Key information
102.08%
Debt to equity ratio
NOK 1.41b
Debt
| Interest coverage ratio | 2.8x |
| Cash | NOK 479.51m |
| Equity | NOK 1.38b |
| Total liabilities | NOK 3.61b |
| Total assets | NOK 4.99b |
Recent financial health updates
Elmera Group (OB:ELMRA) Seems To Use Debt Quite Sensibly
Feb 01
We Think Elmera Group (OB:ELMRA) Is Taking Some Risk With Its Debt
Jan 27Is Elmera Group (OB:ELMRA) Using Too Much Debt?
Sep 26Recent updates
Elmera Group's (OB:ELMRA) Shareholders May Want To Dig Deeper Than Statutory Profit
Aug 29Elmera Group ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Aug 25Shareholders May Not Be So Generous With Elmera Group ASA's (OB:ELMRA) CEO Compensation And Here's Why
Apr 24Elmera Group's (OB:ELMRA) Upcoming Dividend Will Be Larger Than Last Year's
Apr 20Elmera Group's (OB:ELMRA) Upcoming Dividend Will Be Larger Than Last Year's
Apr 06
Seasonal Competition And Mild Weather Will Pressure Future Revenues In Nordic Electricity Market
Seasonal demand shifts and increased competition pose challenges for revenue and customer growth, impacting spot products and consumer acquisition.Solid Earnings May Not Tell The Whole Story For Elmera Group (OB:ELMRA)
Feb 22Elmera Group ASA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Feb 16Broker Revenue Forecasts For Elmera Group ASA (OB:ELMRA) Are Surging Higher
Feb 07Elmera Group (OB:ELMRA) Seems To Use Debt Quite Sensibly
Feb 01We Think Elmera Group's (OB:ELMRA) Solid Earnings Are Understated
Aug 23Elmera Group ASA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Aug 17We Think Elmera Group ASA's (OB:ELMRA) CEO Compensation Package Needs To Be Put Under A Microscope
Apr 18We Like The Quality Of Elmera Group's (OB:ELMRA) Earnings
Feb 22We Think Elmera Group (OB:ELMRA) Is Taking Some Risk With Its Debt
Jan 27Investors Appear Satisfied With Elmera Group ASA's (OB:ELMRA) Prospects As Shares Rocket 25%
Dec 23New Forecasts: Here's What Analysts Think The Future Holds For Elmera Group ASA (OB:ELMRA)
Dec 17Time To Worry? Analysts Are Downgrading Their Elmera Group ASA (OB:ELMRA) Outlook
Jan 20Is It Too Late To Consider Buying Elmera Group ASA (OB:ELMRA)?
Dec 24This Just In: Analysts Are Boosting Their Elmera Group ASA (OB:ELMRA) Outlook for Next Year
Nov 05Is Elmera Group (OB:ELMRA) Using Too Much Debt?
Sep 26Is It Time To Consider Buying Elmera Group ASA (OB:ELMRA)?
Sep 05Financial Position Analysis
Short Term Liabilities: ELMRA's short term assets (NOK2.3B) exceed its short term liabilities (NOK2.2B).
Long Term Liabilities: ELMRA's short term assets (NOK2.3B) exceed its long term liabilities (NOK1.4B).
Debt to Equity History and Analysis
Debt Level: ELMRA's net debt to equity ratio (67.3%) is considered high.
Reducing Debt: ELMRA's debt to equity ratio has increased from 24.3% to 102.1% over the past 5 years.
Debt Coverage: ELMRA's debt is not well covered by operating cash flow (0.6%).
Interest Coverage: ELMRA's interest payments on its debt are not well covered by EBIT (2.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/24 09:02 |
| End of Day Share Price | 2025/11/21 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Elmera Group ASA is covered by 8 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Tarjei Hatlen | DNB Carnegie |
| Ole Westgaard | DNB Carnegie |