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. Also see NFGAB company net worth for the company's overall valuation and market capitalisation.
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.
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. Explore NFGAB cash flow quality index to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
REGENER8 Resources NL
AU:R8R
|
-0.120x |
|
Transocean Holdings Bhd
KLSE:7218
|
-0.015x |
|
Bio-gate AG
XETRA:BIG1
|
N/A |
|
Dynasty Gold Corp
V:DYG
|
0.010x |
|
GENSOL ENGINEERING ORD (BSE)
NSE:GENSOL
|
0.068x |
|
Magmatic Resources Ltd
AU:MAG
|
-0.148x |
|
ODIGMA CONSULTANCY SOLUTIONS LTD
NSE:ODIGMA
|
N/A |
|
Cadoux Ltd
AU:CCM
|
-0.014x |
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. View NFGAB share price today for real-time trading data and today's change.
| 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