Nordic Flanges Group AB (NFGAB) - Cash Flow Conversion Efficiency

Latest 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 ≈ $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

ST:NFGAB Sweden Metal Fabrication
Market Cap
$4.79 Million
Skr44.51 Million SEK
Market Cap Rank
#28641 Global
#648 in Sweden
Share Price
Skr19.40
Change (1 day)
-3.00%
52-Week Range
Skr6.80 - Skr29.20
All Time High
Skr29.20
About

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