Nordic Flanges Group AB Cash Flow Conversion Efficiency
Nordic Flanges Group AB 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.
Cash Flow Conversion Efficiency of Nordic Flanges Group AB (2009–2024)
Cash flow conversion efficiency of Nordic Flanges Group AB from 2009 to 2024. This chart illustrates how Nordic Flanges Group AB's cash flow conversion efficiency has evolved over time, based on yearly financial data. View NFGAB stock price for real-time trading data and today's change.
Nordic Flanges Group AB Cash Flow Conversion Ratio Explained
Nordic Flanges Group AB cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see market cap of Nordic Flanges Group AB for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Inepar S.A. Indústria e Construções
SA:INEP3
|
0.014x |
|
Agro Yasa Lestari PT Tbk
JK:AYLS
|
0.020x |
|
Northann Corp.
NYSE MKT:NCL
|
-0.204x |
|
Walker River Resources Corp.
V:WRR
|
-0.019x |
|
ECP Emerging Growth Ltd
AU:ECP
|
-0.023x |
|
Shanghai Broadband Technology Co Ltd
SHG:600608
|
0.540x |
|
pferdewetten.de AG
XETRA:EMH
|
0.051x |
|
Warisan TC Holdings Bhd
KLSE:5016
|
0.095x |
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. Review Nordic Flanges Group AB free cash flow efficiency to assess how much free cash flow the company generates relative to operating cash flow.
| 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