Equinor ASA (EQNR) — Cash Flow Quality Index

Latest as of December 2025: 0.80x

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 EQNR strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

0.80x
Operating CF / Net Income

Operating Cash Flow

Nkr19.97 Billion
NOK

Net Income

Nkr25.09 Billion
NOK

Data as of

Dec 2025
Most recent filing

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 tangible net worth ratio of Equinor ASA to evaluate the tangible quality of the company's equity base.

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 how much is Equinor ASA worth.

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
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.