Elliptic Laboratories AS (ELABS) — Financial Flexibility Index

Latest as of March 2026: -0.36x

Elliptic Laboratories AS (ELABS) has a Financial Flexibility Index of -0.36x as of March 2026. Free cash flow of Nkr-11.96 Million (operating CF Nkr-17.60 Million minus capex Nkr5.63 Million) represents 0% of total liabilities (Nkr33.36 Million). Check how strategically is Elliptic Laboratories AS's equity deployed to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

-0.36x
Free Cash Flow / Total Liabilities

Free Cash Flow

Nkr-11.96 Million
Operating CF − Capex

Total Liabilities

Nkr33.36 Million
NOK

Capital Expenditures

Nkr5.63 Million
NOK

Elliptic Laboratories AS Financial Flexibility Index (2017–2025)

Historical Financial Flexibility Index trend for Elliptic Laboratories AS across 9 annual periods. See ELABS working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Elliptic Laboratories AS (2017–2025)

Year-by-year free cash flow to debt coverage for Elliptic Laboratories AS. For the full company profile including market capitalisation, see ELABS market cap overview.

Year Flexibility Index Free Cash Flow (NOK) Operating CF Total Liabilities YoY Change
2025 1.10x Nkr35.08 Million Nkr5.99 Million Nkr31.87 Million ▲ +97.4%
2024 0.56x Nkr19.89 Million Nkr-10.61 Million Nkr35.69 Million ▲ +219.9%
2023 -0.46x Nkr-19.90 Million Nkr-45.51 Million Nkr42.80 Million ▼ -204.3%
2022 0.45x Nkr10.57 Million Nkr-12.76 Million Nkr23.70 Million ▲ +87.8%
2021 0.24x Nkr6.79 Million Nkr-10.82 Million Nkr28.59 Million ▼ -13.7%
2020 0.28x Nkr8.42 Million Nkr-6.68 Million Nkr30.62 Million ▲ +435.4%
2019 0.05x Nkr3.05 Million Nkr-8.05 Million Nkr59.34 Million ▲ +110.7%
2018 -0.48x Nkr-26.42 Million Nkr-35.16 Million Nkr54.84 Million ▲ +65.8%
2017 -1.41x Nkr-37.50 Million Nkr-38.87 Million Nkr26.59 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities