Elmera Group ASA

OB:ELMRA Stock Report

Market Cap: NOK 4.2b

Elmera Group Balance Sheet Health

Financial Health criteria checks 4/6

Elmera Group has a total shareholder equity of NOK1.4B and total debt of NOK942.3M, which brings its debt-to-equity ratio to 66.6%. Its total assets and total liabilities are NOK4.9B and NOK3.5B respectively. Elmera Group's EBIT is NOK456.3M making its interest coverage ratio 3.6. It has cash and short-term investments of NOK260.1M.

Key information

66.6%

Debt to equity ratio

NOK 942.32m

Debt

Interest coverage ratio3.6x
CashNOK 260.08m
EquityNOK 1.41b
Total liabilitiesNOK 3.53b
Total assetsNOK 4.94b

Recent financial health updates

We Think Elmera Group (OB:ELMRA) Is Taking Some Risk With Its Debt

Jan 27
We Think Elmera Group (OB:ELMRA) Is Taking Some Risk With Its Debt

Is Elmera Group (OB:ELMRA) Using Too Much Debt?

Sep 26
Is Elmera Group (OB:ELMRA) Using Too Much Debt?

Fjordkraft Holding (OB:FKRFT) Has A Pretty Healthy Balance Sheet

Apr 08
Fjordkraft Holding (OB:FKRFT) Has A Pretty Healthy Balance Sheet

Recent updates

We Think Elmera Group's (OB:ELMRA) Solid Earnings Are Understated

Aug 23
We Think Elmera Group's (OB:ELMRA) Solid Earnings Are Understated

Elmera Group ASA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Aug 17
Elmera Group ASA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

We Think Elmera Group ASA's (OB:ELMRA) CEO Compensation Package Needs To Be Put Under A Microscope

Apr 18
We Think Elmera Group ASA's (OB:ELMRA) CEO Compensation Package Needs To Be Put Under A Microscope

We Like The Quality Of Elmera Group's (OB:ELMRA) Earnings

Feb 22
We Like The Quality Of Elmera Group's (OB:ELMRA) Earnings

We Think Elmera Group (OB:ELMRA) Is Taking Some Risk With Its Debt

Jan 27
We Think Elmera Group (OB:ELMRA) Is Taking Some Risk With Its Debt

Investors Appear Satisfied With Elmera Group ASA's (OB:ELMRA) Prospects As Shares Rocket 25%

Dec 23
Investors Appear Satisfied With Elmera Group ASA's (OB:ELMRA) Prospects As Shares Rocket 25%

New Forecasts: Here's What Analysts Think The Future Holds For Elmera Group ASA (OB:ELMRA)

Dec 17
New Forecasts: Here's What Analysts Think The Future Holds For Elmera Group ASA (OB:ELMRA)

Time To Worry? Analysts Are Downgrading Their Elmera Group ASA (OB:ELMRA) Outlook

Jan 20
Time To Worry? Analysts Are Downgrading Their Elmera Group ASA (OB:ELMRA) Outlook

Is It Too Late To Consider Buying Elmera Group ASA (OB:ELMRA)?

Dec 24
Is It Too Late To Consider Buying Elmera Group ASA (OB:ELMRA)?

This Just In: Analysts Are Boosting Their Elmera Group ASA (OB:ELMRA) Outlook for Next Year

Nov 05
This Just In: Analysts Are Boosting Their Elmera Group ASA (OB:ELMRA) Outlook for Next Year

Is Elmera Group (OB:ELMRA) Using Too Much Debt?

Sep 26
Is Elmera Group (OB:ELMRA) Using Too Much Debt?

Is It Time To Consider Buying Elmera Group ASA (OB:ELMRA)?

Sep 05
Is It Time To Consider Buying Elmera Group ASA (OB:ELMRA)?

Some Analysts Just Cut Their Elmera Group ASA (OB:ELMRA) Estimates

May 07
Some Analysts Just Cut Their Elmera Group ASA (OB:ELMRA) Estimates

Fjordkraft Holding (OB:FKRFT) Has A Pretty Healthy Balance Sheet

Apr 08
Fjordkraft Holding (OB:FKRFT) Has A Pretty Healthy Balance Sheet

Financial Position Analysis

Short Term Liabilities: ELMRA's short term assets (NOK1.9B) exceed its short term liabilities (NOK1.8B).

Long Term Liabilities: ELMRA's short term assets (NOK1.9B) exceed its long term liabilities (NOK1.7B).

Debt to Equity History and Analysis

Debt Level: ELMRA's net debt to equity ratio (48.2%) is considered high.

Reducing Debt: ELMRA's debt to equity ratio has increased from 17.2% to 66.6% over the past 5 years.

Debt Coverage: ELMRA's debt is well covered by operating cash flow (61.4%).

Interest Coverage: ELMRA's interest payments on its debt are well covered by EBIT (3.6x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 06:43
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 .

Analyst Sources

Elmera Group ASA is covered by 3 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.

AnalystInstitution
Ole WestgaardDNB Markets
Ignas LekštysNorne Securities AS
Gard AarvikPareto Securities