Equinor ASA (EQNR) — Cash Flow Quality Index
Equinor ASA (EQNR) has a Cash Flow Quality Index of 0.80x as of December 2025. Operating cash flow of Nkr19.97 Billion is below net income of Nkr25.09 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore cash flow conversion of Equinor ASA to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Equinor ASA Cash Flow Quality Index (1998–2025)
Historical Cash Flow Quality Index for Equinor ASA across 26 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check EQNR cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Equinor ASA (1998–2025)
Year-by-year earnings quality comparison for Equinor ASA. For live market cap and the full company financial profile, see Equinor ASA (EQNR) total market value.
| Year | Quality Index | Operating CF (NOK) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.80x | Nkr19.97 Billion | Nkr25.09 Billion | ▼ -65.1% |
| 2024 | 2.28x | Nkr20.11 Billion | Nkr8.81 Billion | ▲ +250.2% |
| 2023 | 0.65x | Nkr24.70 Billion | Nkr37.88 Billion | ▲ +45.9% |
| 2022 | 0.45x | Nkr35.14 Billion | Nkr78.60 Billion | ▼ -51.0% |
| 2021 | 0.91x | Nkr28.82 Billion | Nkr31.58 Billion | ▼ -38.3% |
| 2019 | 1.48x | Nkr13.75 Billion | Nkr9.29 Billion | ▲ +41.8% |
| 2018 | 1.04x | Nkr19.69 Billion | Nkr18.87 Billion | ▼ -2.5% |
| 2017 | 1.07x | Nkr14.36 Billion | Nkr13.42 Billion | ▼ -95.8% |
| 2015 | 25.35x | Nkr12.40 Billion | Nkr489.17 Million | ▲ +2092.2% |
| 2014 | 1.16x | Nkr17.01 Billion | Nkr14.71 Billion | ▲ +58.0% |
| 2013 | 0.73x | Nkr16.66 Billion | Nkr22.76 Billion | ▲ +18.2% |
| 2012 | 0.62x | Nkr22.93 Billion | Nkr37.03 Billion | ▲ +18.8% |
| 2011 | 0.52x | Nkr18.67 Billion | Nkr35.83 Billion | ▼ -11.8% |
| 2010 | 0.59x | Nkr13.75 Billion | Nkr23.27 Billion | ▼ -7.0% |
| 2009 | 0.64x | Nkr12.60 Billion | Nkr19.83 Billion | ▲ +11.8% |
| 2008 | 0.57x | Nkr14.73 Billion | Nkr25.93 Billion | ▼ -11.2% |
| 2007 | 0.64x | Nkr17.29 Billion | Nkr27.03 Billion | ▼ -57.3% |
| 2006 | 1.50x | Nkr9.77 Billion | Nkr6.51 Billion | ▼ -18.1% |
| 2005 | 1.83x | Nkr8.33 Billion | Nkr4.55 Billion | ▲ +17.6% |
| 2004 | 1.56x | Nkr6.43 Billion | Nkr4.13 Billion | ▼ -16.3% |
| 2003 | 1.86x | Nkr4.63 Billion | Nkr2.49 Billion | ▲ +30.5% |
| 2002 | 1.43x | Nkr3.46 Billion | Nkr2.43 Billion | ▼ -37.2% |
| 2001 | 2.27x | Nkr4.36 Billion | Nkr1.92 Billion | ▼ -35.3% |
| 2000 | 3.51x | Nkr6.40 Billion | Nkr1.82 Billion | ▼ -40.7% |
| 1999 | 5.93x | Nkr2.52 Billion | Nkr424.51 Million | ▼ -92.1% |
| 1998 | 75.18x | Nkr1.32 Billion | Nkr17.59 Million | — |