Nordic Aqua Partners As (NOAP) — Cash Flow-to-Debt Ratio

Latest as of December 2025: -0.13x

Nordic Aqua Partners As (NOAP) has a Cash Flow-to-Debt Ratio of -0.13x as of December 2025, meaning its operating cash flow of Nkr-12.11 Million could theoretically repay 0% of its total liabilities (Nkr92.92 Million) in one year. See NOAP cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.

CF-to-Debt Ratio

-0.13x
Operating CF / Total Liabilities

Operating Cash Flow

Nkr-12.11 Million
NOK

Total Liabilities

Nkr92.92 Million
NOK

Data as of

Dec 2025
Most recent filing

Nordic Aqua Partners As Cash Flow-to-Debt Ratio (2018–2025)

Historical debt coverage capacity for Nordic Aqua Partners As across 8 annual periods. Also explore NOAP net asset momentum to track the company's year-over-year net asset growth rate.

Annual Cash Flow-to-Debt Ratio for Nordic Aqua Partners As (2018–2025)

Year-by-year debt coverage analysis for Nordic Aqua Partners As. For market capitalisation and broader financial context, see Nordic Aqua Partners As market capitalisation.

Year CF-to-Debt Ratio Operating CF (NOK) Total Liabilities YoY Change
2025 -0.16x Nkr-12.11 Million Nkr74.93 Million ▲ +34.6%
2024 -0.25x Nkr-17.67 Million Nkr71.47 Million ▲ +59.5%
2023 -0.61x Nkr-17.24 Million Nkr28.23 Million ▲ +57.2%
2022 -1.43x Nkr-37.38 Million Nkr26.21 Million ▲ +51.2%
2021 -2.92x Nkr-21.93 Million Nkr7.51 Million ▲ +76.2%
2020 -12.25x Nkr-24.20 Million Nkr1.98 Million ▼ -43552.9%
2019 -0.03x Nkr-4.88 Million Nkr173.95 Million ▲ +11.2%
2018 -0.03x Nkr-4.30 Million Nkr136.20 Million
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.