Nel ASA Financial Flexibility Index
Nel ASA financial flexibility index. Nel ASA (NEL) has a Financial Flexibility Index of 0.07x as of June 2026. Free cash flow of Nkr76.77 Million (operating CF Nkr1.67 Million minus capex Nkr75.10 Million) represents 0% of total liabilities (Nkr1.04 Billion). See free cash flow generation of Nel ASA to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Nel ASA (2004–2025)
Financial flexibility index of Nel ASA from 2004 to 2025. Historical Financial Flexibility Index trend for Nel ASA across 22 annual periods. Check how high is Nel ASA's earnings quality to evaluate the quality of earnings relative to operating cash generation.
Nel ASA Financial Flexibility Index by Year (2004–2025)
Nel ASA financial flexibility index by year from 2004 to 2025. Year-by-year free cash flow to debt coverage for Nel ASA. For the full cash flow conversion analysis, see cash flow conversion of Nel ASA.
| Year | Flexibility Index | Free Cash Flow (NOK) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.04x | Nkr37.61 Million | Nkr-252.79 Million | Nkr1.02 Billion | ▼ -88.9% |
| 2024 | 0.33x | Nkr438.73 Million | Nkr-241.58 Million | Nkr1.33 Billion | ▲ +681.9% |
| 2023 | 0.04x | Nkr70.16 Million | Nkr-669.67 Million | Nkr1.66 Billion | ▲ +115.4% |
| 2022 | -0.27x | Nkr-411.84 Million | Nkr-690.58 Million | Nkr1.50 Billion | ▼ -267.5% |
| 2021 | -0.07x | Nkr-72.31 Million | Nkr-449.46 Million | Nkr968.28 Million | ▼ -406.0% |
| 2020 | 0.02x | Nkr16.31 Million | Nkr-215.89 Million | Nkr668.38 Million | ▲ +115.8% |
| 2019 | -0.15x | Nkr-90.37 Million | Nkr-209.23 Million | Nkr584.05 Million | ▼ -17.7% |
| 2018 | -0.13x | Nkr-48.05 Million | Nkr-142.57 Million | Nkr365.42 Million | ▼ -1.1% |
| 2017 | -0.13x | Nkr-41.12 Million | Nkr-113.02 Million | Nkr316.27 Million | ▼ -215.3% |
| 2016 | 0.11x | Nkr10.34 Million | Nkr-34.17 Million | Nkr91.66 Million | ▲ +125.6% |
| 2015 | -0.44x | Nkr-37.23 Million | Nkr-37.81 Million | Nkr84.64 Million | ▼ -485.8% |
| 2014 | 0.11x | Nkr4.93 Million | Nkr4.35 Million | Nkr43.24 Million | ▲ +102.1% |
| 2013 | -5.42x | Nkr-35.49 Million | Nkr-35.49 Million | Nkr6.55 Million | ▼ -88.8% |
| 2012 | -2.87x | Nkr-37.50 Million | Nkr-37.64 Million | Nkr13.06 Million | ▼ -3.7% |
| 2011 | -2.77x | Nkr-37.73 Million | Nkr-37.88 Million | Nkr13.63 Million | ▼ -76.6% |
| 2010 | -1.57x | Nkr-34.66 Million | Nkr-36.28 Million | Nkr22.10 Million | ▲ +21.8% |
| 2009 | -2.00x | Nkr-34.29 Million | Nkr-35.69 Million | Nkr17.11 Million | ▲ +32.3% |
| 2008 | -2.96x | Nkr-31.06 Million | Nkr-31.96 Million | Nkr10.49 Million | ▲ +5.7% |
| 2007 | -3.14x | Nkr-28.56 Million | Nkr-29.23 Million | Nkr9.09 Million | ▼ -62.9% |
| 2006 | -1.93x | Nkr-18.58 Million | Nkr-19.81 Million | Nkr9.63 Million | ▲ +50.8% |
| 2005 | -3.92x | Nkr-17.00 Million | Nkr-17.09 Million | Nkr4.34 Million | ▼ -84.9% |
| 2004 | -2.12x | Nkr-7.88 Million | Nkr-8.26 Million | Nkr3.72 Million | — |