Nord Insuretech Group AB (NORDIG) - Cash Flow Conversion Efficiency

Latest as of December 2023: 0.261x

Based on the latest financial reports, Nord Insuretech Group AB (NORDIG) has a cash flow conversion efficiency ratio of 0.261x as of December 2023. 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 (Skr11.20 Million ≈ $1.20 Million USD) by net assets (Skr42.87 Million ≈ $4.61 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. View NORDIG share price today for real-time trading data and today's change.

Nord Insuretech Group AB - Cash Flow Conversion Efficiency Trend (2019–2025)

This chart illustrates how Nord Insuretech Group AB's cash flow conversion efficiency has evolved over time, based on yearly financial data. Also see market value of Nord Insuretech Group AB for the company's overall valuation and market capitalisation.

Nord Insuretech Group AB Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Nord Insuretech Group AB ranked by their cash flow conversion efficiency. Also see Nord Insuretech Group AB (NORDIG) total assets for a full breakdown of the balance sheet.

Company	Cash Flow Conversion Efficiency
FORCS Co.Ltd KQ:189690	0.034x
Cobalt Blue Holdings Limited F:COH	-0.018x
JSW Pacific TWO:5251	-0.033x
Myungmoon Phar KO:017180	0.005x
BPL Limited NSE:BPL	0.003x
Riverstone Credit Opportunities Income Plc LSE:RCOI	0.040x
Niche Capital Emas Holdings KLSE:7139	0.013x
Beam Global NASDAQ:BEEM	-0.175x

Annual Cash Flow Conversion Efficiency for Nord Insuretech Group AB (2019–2025)

The table below shows the annual cash flow conversion efficiency of Nord Insuretech Group AB from 2019 to 2025. Review Nord Insuretech Group AB (NORDIG) financial flexibility to assess the company's free cash flow relative to its total liabilities.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	Skr20.99 Million ≈ $2.26 Million	Skr-56.40 Million ≈ $-6.07 Million	-2.687x	+20.32%
2024-12-31	Skr6.73 Million ≈ $723.83K	Skr-22.68 Million ≈ $-2.44 Million	-3.372x	-2030.81%
2023-12-31	Skr42.87 Million ≈ $4.61 Million	Skr7.49 Million ≈ $805.72K	0.175x	+140.95%
2022-12-31	Skr38.46 Million ≈ $4.14 Million	Skr2.79 Million ≈ $300.03K	0.072x	+126.50%
2021-12-31	Skr33.52 Million ≈ $3.61 Million	Skr-9.17 Million ≈ $-986.62K	-0.274x	+88.97%
2020-12-31	Skr25.07 Million ≈ $2.70 Million	Skr-62.19 Million ≈ $-6.69 Million	-2.481x	-135.16%
2019-12-31	Skr-10.30 Million ≈ $-1.11 Million	Skr-72.65 Million ≈ $-7.82 Million	7.056x	--

About Nord Insuretech Group AB

ST:NORDIG Sweden Software - Application

Market Cap

$27.45 Million

Skr255.03 Million SEK

Market Cap Rank

#24170 Global

#466 in Sweden

Share Price

Skr0.69

Change (1 day)

-3.50%

52-Week Range

Skr0.60 - Skr0.82

All Time High

Skr0.82