Nel ASA (NEL) — 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). Check NEL capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Nel ASA Financial Flexibility Index (2004–2025)
Historical Financial Flexibility Index trend for Nel ASA across 22 annual periods. For the full cash flow conversion analysis, see NEL operating cash flow.
Annual Financial Flexibility Index for Nel ASA (2004–2025)
Year-by-year free cash flow to debt coverage for Nel ASA. Explore NEL operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
| 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 | — |