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. Also see Nord Insuretech Group AB (NORDIG) market capitalisation for the company's overall valuation and market capitalisation.

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. View current stock price of Nord Insuretech Group AB for real-time trading data and today's change.

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. Review free cash flow generation of Nord Insuretech Group AB to assess how much free cash flow the company generates relative to operating cash flow.

Company	Cash Flow Conversion Efficiency
Mithril Silver and Gold Ltd AU:MTH	-0.019x
Hidropar Hareket Kontrol Teknolojileri Merkezi Sanayi ve Ticaret A.S. IS:HKTM	-0.323x
Namibia Critical Metals Inc V:NMI	0.003x
Dongyang Piston Co Ltd KO:092780	-0.106x
Jian Sin Industrial Co Ltd TWO:4502	0.016x
Carelabs Co.Ltd KQ:263700	-0.027x
IMS SA WAR:IMS	0.157x
Marco Holdings Bhd KLSE:3514	0.057x

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. Also see Nord Insuretech Group AB (NORDIG) total assets for a full breakdown of the balance sheet.

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

$27.84 Million

Skr258.73 Million SEK

Market Cap Rank

#24073 Global

#457 in Sweden

Share Price

Skr0.70

Change (1 day)

-10.83%

52-Week Range

Skr0.51 - Skr0.82

All Time High

Skr0.82