Nel ASA (NEL) — Financial Flexibility Index
Nel ASA (NEL) has a Financial Flexibility Index of 0.01x as of June 2025. Free cash flow of Nkr17.01 Million (operating CF Nkr-110.97 Million minus capex Nkr127.98 Million) represents 0% of total liabilities (Nkr1.26 Billion). Check NEL PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Nel ASA Financial Flexibility Index (2004–2024)
Historical Financial Flexibility Index trend for Nel ASA across 21 annual periods. See Nel ASA working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Nel ASA (2004–2024)
Year-by-year free cash flow to debt coverage for Nel ASA. For the full company profile including market capitalisation, see Nel ASA (NEL) total market value.
| Year | Flexibility Index | Free Cash Flow (NOK) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 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 | — |