Norsk Hydro ASA (NHY) — Cash Flow Quality Index
Norsk Hydro ASA (NHY) has a Cash Flow Quality Index of -0.45x as of March 2026. Operating cash flow of Nkr-1.89 Billion is below net income of Nkr4.24 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore how efficiently does Norsk Hydro ASA generate cash to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Norsk Hydro ASA Cash Flow Quality Index (1993–2025)
Historical Cash Flow Quality Index for Norsk Hydro ASA across 29 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check NHY total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Norsk Hydro ASA (1993–2025)
Year-by-year earnings quality comparison for Norsk Hydro ASA. For live market cap and the full company financial profile, see market value of Norsk Hydro ASA.
| Year | Quality Index | Operating CF (NOK) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.81x | Nkr23.31 Billion | Nkr8.30 Billion | ▼ -7.9% |
| 2024 | 3.05x | Nkr15.36 Billion | Nkr5.04 Billion | ▼ -50.9% |
| 2023 | 6.20x | Nkr22.22 Billion | Nkr3.58 Billion | ▲ +415.2% |
| 2022 | 1.20x | Nkr29.39 Billion | Nkr24.42 Billion | ▲ +57.1% |
| 2021 | 0.77x | Nkr10.68 Billion | Nkr13.94 Billion | ▼ -90.6% |
| 2020 | 8.14x | Nkr13.52 Billion | Nkr1.66 Billion | ▲ +401.0% |
| 2018 | 1.63x | Nkr7.03 Billion | Nkr4.32 Billion | ▲ +4.0% |
| 2017 | 1.56x | Nkr14.35 Billion | Nkr9.18 Billion | ▲ +2.7% |
| 2016 | 1.52x | Nkr10.02 Billion | Nkr6.59 Billion | ▼ -75.3% |
| 2015 | 6.16x | Nkr14.37 Billion | Nkr2.33 Billion | ▲ +26.8% |
| 2014 | 4.86x | Nkr5.96 Billion | Nkr1.23 Billion | ▲ +350.5% |
| 2011 | 1.08x | Nkr7.28 Billion | Nkr6.75 Billion | ▼ -64.1% |
| 2010 | 3.00x | Nkr6.36 Billion | Nkr2.12 Billion | ▼ -72.5% |
| 2009 | 10.93x | Nkr4.55 Billion | Nkr416.00 Million | ▲ +601.1% |
| 2007 | 1.56x | Nkr14.27 Billion | Nkr9.16 Billion | ▼ -30.6% |
| 2006 | 2.25x | Nkr39.02 Billion | Nkr17.37 Billion | ▲ +28.3% |
| 2005 | 1.75x | Nkr27.35 Billion | Nkr15.62 Billion | ▼ -41.0% |
| 2004 | 2.97x | Nkr37.58 Billion | Nkr12.65 Billion | ▲ +32.5% |
| 2003 | 2.24x | Nkr24.65 Billion | Nkr11.00 Billion | ▼ -9.9% |
| 2002 | 2.49x | Nkr21.72 Billion | Nkr8.74 Billion | ▼ -25.0% |
| 2001 | 3.32x | Nkr26.23 Billion | Nkr7.91 Billion | ▲ +80.9% |
| 2000 | 1.83x | Nkr25.61 Billion | Nkr13.97 Billion | ▼ -57.1% |
| 1999 | 4.28x | Nkr14.77 Billion | Nkr3.46 Billion | ▲ +88.8% |
| 1998 | 2.26x | Nkr8.52 Billion | Nkr3.76 Billion | ▲ +13.5% |
| 1997 | 2.00x | Nkr10.41 Billion | Nkr5.21 Billion | ▲ +8.1% |
| 1996 | 1.85x | Nkr11.35 Billion | Nkr6.15 Billion | ▲ +15.3% |
| 1995 | 1.60x | Nkr11.44 Billion | Nkr7.14 Billion | ▼ -11.5% |
| 1994 | 1.81x | Nkr7.07 Billion | Nkr3.91 Billion | ▼ -23.7% |
| 1993 | 2.37x | Nkr7.11 Billion | Nkr3.00 Billion | — |