Nordic Flanges Group AB
Nordic Flanges Group AB (publ) manufactures and sells industrial flanges in Sweden, the rest of the Nordic region, the United States, and internationally. The company provides flanges in stainless steel, carbon steel, special alloys, titanium, and aluminum; welding necks and rings; and loose flanges. The company was formerly known as Vinovo AB (publ) and changed its name to Nordic Flanges Group A… Read more
Nordic Flanges Group AB (NFGAB) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.092x
Based on the latest financial reports, Nordic Flanges Group AB (NFGAB) has a cash flow conversion efficiency ratio of 0.092x as of September 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Skr1.60 Million) by net assets (Skr17.34 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Nordic Flanges Group AB - Cash Flow Conversion Efficiency Trend (2009–2024)
This chart illustrates how Nordic Flanges Group AB's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Nordic Flanges Group AB Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nordic Flanges Group AB ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
GCL Global Holdings Ltd Warrants
NASDAQ:GCLWW
|
0.003x |
|
United National Bank
PINK:UNBK
|
N/A |
|
US STEEL
MU:USX1
|
0.023x |
|
The Turbotville National Bank
PINK:TVNB
|
N/A |
|
SUNCOR ENERGY - Dusseldorf Stock Exchang
DU:SM3
|
0.086x |
|
Mcrae Inds Cl A
PINK:MCRAA
|
0.012x |
|
VFUCF
PINK:VFUCF
|
N/A |
|
SKYWORKS SOLUTIONS - Dusseldorf Stock Exchang
DU:AWM
|
0.043x |
Annual Cash Flow Conversion Efficiency for Nordic Flanges Group AB (2009–2024)
The table below shows the annual cash flow conversion efficiency of Nordic Flanges Group AB from 2009 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Skr22.49 Million | Skr-845.00K | -0.038x | -110.58% |
| 2023-12-31 | Skr18.98 Million | Skr6.74 Million | 0.355x | +240.99% |
| 2022-12-31 | Skr38.61 Million | Skr-9.73 Million | -0.252x | -359.82% |
| 2021-12-31 | Skr29.45 Million | Skr2.86 Million | 0.097x | -73.87% |
| 2020-12-31 | Skr40.27 Million | Skr14.95 Million | 0.371x | +607.09% |
| 2019-12-31 | Skr54.46 Million | Skr2.86 Million | 0.052x | -49.40% |
| 2018-12-31 | Skr69.98 Million | Skr7.26 Million | 0.104x | -52.68% |
| 2017-12-31 | Skr79.66 Million | Skr17.46 Million | 0.219x | +103.87% |
| 2016-12-31 | Skr96.36 Million | Skr10.36 Million | 0.108x | +747.62% |
| 2015-12-31 | Skr94.48 Million | Skr-1.57 Million | -0.017x | -116.43% |
| 2014-12-31 | Skr99.35 Million | Skr10.04 Million | 0.101x | -18.22% |
| 2013-12-31 | Skr117.09 Million | Skr14.47 Million | 0.124x | +327.78% |
| 2012-12-31 | Skr138.92 Million | Skr-7.54 Million | -0.054x | -133.68% |
| 2011-12-31 | Skr226.01 Million | Skr36.41 Million | 0.161x | -12.00% |
| 2010-12-31 | Skr232.97 Million | Skr42.65 Million | 0.183x | +24.91% |
| 2009-12-31 | Skr205.47 Million | Skr30.11 Million | 0.147x | -- |