Nordic Flanges Group AB (NFGAB) - Cash Flow Conversion Efficiency
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 ≈ $172.51K USD) by net assets (Skr17.34 Million ≈ $1.87 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See NFGAB net asset quality index to measure how much of total assets are equity-financed.
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. Check Nordic Flanges Group AB earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Chenghe Acquisition II Co.
NYSE MKT:CHEB
|
-0.002x |
|
DomaCom Limited
AU:DCL
|
0.000x |
|
Akash Infra-Projects Limited
NSE:AKASH
|
0.021x |
|
Salarius Pharmaceuticals Inc
NASDAQ:SLRX
|
-0.388x |
|
Karsu Tekstil Sanayi ve Ticaret AS
IS:KRTEK
|
0.018x |
|
Swift Tv Ltd
AU:STV
|
-0.178x |
|
Binect AG
XETRA:MA10
|
0.012x |
|
Wishpond Technologies Ltd
V:WISH
|
-0.061x |
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. For the full company profile with market capitalisation and key ratios, see NFGAB market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Skr22.49 Million ≈ $2.42 Million |
Skr-845.00K ≈ $-90.94K |
-0.038x | -110.58% |
| 2023-12-31 | Skr18.98 Million ≈ $2.04 Million |
Skr6.74 Million ≈ $725.44K |
0.355x | +240.99% |
| 2022-12-31 | Skr38.61 Million ≈ $4.16 Million |
Skr-9.73 Million ≈ $-1.05 Million |
-0.252x | -359.82% |
| 2021-12-31 | Skr29.45 Million ≈ $3.17 Million |
Skr2.86 Million ≈ $307.35K |
0.097x | -73.87% |
| 2020-12-31 | Skr40.27 Million ≈ $4.33 Million |
Skr14.95 Million ≈ $1.61 Million |
0.371x | +607.09% |
| 2019-12-31 | Skr54.46 Million ≈ $5.86 Million |
Skr2.86 Million ≈ $307.67K |
0.052x | -49.40% |
| 2018-12-31 | Skr69.98 Million ≈ $7.53 Million |
Skr7.26 Million ≈ $781.29K |
0.104x | -52.68% |
| 2017-12-31 | Skr79.66 Million ≈ $8.57 Million |
Skr17.46 Million ≈ $1.88 Million |
0.219x | +103.87% |
| 2016-12-31 | Skr96.36 Million ≈ $10.37 Million |
Skr10.36 Million ≈ $1.12 Million |
0.108x | +747.62% |
| 2015-12-31 | Skr94.48 Million ≈ $10.17 Million |
Skr-1.57 Million ≈ $-168.85K |
-0.017x | -116.43% |
| 2014-12-31 | Skr99.35 Million ≈ $10.69 Million |
Skr10.04 Million ≈ $1.08 Million |
0.101x | -18.22% |
| 2013-12-31 | Skr117.09 Million ≈ $12.60 Million |
Skr14.47 Million ≈ $1.56 Million |
0.124x | +327.78% |
| 2012-12-31 | Skr138.92 Million ≈ $14.95 Million |
Skr-7.54 Million ≈ $-811.10K |
-0.054x | -133.68% |
| 2011-12-31 | Skr226.01 Million ≈ $24.32 Million |
Skr36.41 Million ≈ $3.92 Million |
0.161x | -12.00% |
| 2010-12-31 | Skr232.97 Million ≈ $25.07 Million |
Skr42.65 Million ≈ $4.59 Million |
0.183x | +24.91% |
| 2009-12-31 | Skr205.47 Million ≈ $22.11 Million |
Skr30.11 Million ≈ $3.24 Million |
0.147x | -- |
About 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