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. See net asset quality index of Nord Insuretech Group AB to measure how much of total assets are equity-financed.

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. Check Nord Insuretech Group AB (NORDIG) cash flow quality to evaluate the quality of earnings relative to operating cash generation.

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.

Company	Cash Flow Conversion Efficiency
Triumph Gold Corp V:TIG	-0.207x
HyosungONBCo.Ltd KQ:097870	-0.021x
Bellway PLC LSE:BWY	-0.001x
PLANETEL SPA F:0A7	N/A
Manaksia Aluminium Company Limited NSE:MANAKALUCO	-0.083x
Namuga Co. Ltd KQ:190510	-0.020x
Desoto Resources Ltd AU:DES	-0.226x
2B INTELLIGENT SOFT S.A. RO:BENTO	N/A

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. For the full company profile with market capitalisation and key ratios, see how much is Nord Insuretech Group AB worth.

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

$26.45 Million

Skr245.79 Million SEK

Market Cap Rank

#24194 Global

#477 in Sweden

Share Price

Skr0.67

Change (1 day)

+0.00%

52-Week Range

Skr0.60 - Skr0.82

All Time High

Skr0.82