Photocure (PHO) — Financial Flexibility Index
Photocure (PHO) has a Financial Flexibility Index of 0.20x as of September 2025. Free cash flow of Nkr42.94 Million (operating CF Nkr26.43 Million minus capex Nkr16.51 Million) represents 0% of total liabilities (Nkr210.10 Million). Check Photocure (PHO) strategic investment index to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Photocure Financial Flexibility Index (2002–2024)
Historical Financial Flexibility Index trend for Photocure across 23 annual periods. See PHO working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Photocure (2002–2024)
Year-by-year free cash flow to debt coverage for Photocure. For the full company profile including market capitalisation, see market value of Photocure.
| Year | Flexibility Index | Free Cash Flow (NOK) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.37x | Nkr88.20 Million | Nkr76.75 Million | Nkr237.37 Million | ▲ +108.8% |
| 2023 | 0.18x | Nkr40.77 Million | Nkr29.39 Million | Nkr229.12 Million | ▲ +2766.8% |
| 2022 | 0.01x | Nkr1.59 Million | Nkr-2.02 Million | Nkr256.30 Million | ▼ -93.5% |
| 2021 | 0.10x | Nkr27.59 Million | Nkr23.89 Million | Nkr287.01 Million | ▲ +49.8% |
| 2020 | 0.06x | Nkr17.19 Million | Nkr15.59 Million | Nkr267.92 Million | ▼ -85.7% |
| 2019 | 0.45x | Nkr21.89 Million | Nkr20.66 Million | Nkr48.76 Million | ▲ +212.3% |
| 2018 | -0.40x | Nkr-21.93 Million | Nkr-24.12 Million | Nkr54.85 Million | ▼ -259.7% |
| 2017 | -0.11x | Nkr-5.00 Million | Nkr-23.59 Million | Nkr45.02 Million | ▼ -109.1% |
| 2016 | 1.22x | Nkr41.30 Million | Nkr19.19 Million | Nkr33.91 Million | ▲ +858.7% |
| 2015 | -0.16x | Nkr-6.10 Million | Nkr-21.03 Million | Nkr38.00 Million | ▲ +4.5% |
| 2014 | -0.17x | Nkr-5.13 Million | Nkr-6.09 Million | Nkr30.52 Million | ▲ +94.4% |
| 2013 | -3.02x | Nkr-98.57 Million | Nkr-99.72 Million | Nkr32.60 Million | ▼ -197.2% |
| 2012 | -1.02x | Nkr-53.62 Million | Nkr-54.93 Million | Nkr52.71 Million | ▼ -131.1% |
| 2011 | -0.44x | Nkr-30.75 Million | Nkr-34.47 Million | Nkr69.85 Million | ▼ -170.8% |
| 2010 | 0.62x | Nkr34.20 Million | Nkr15.60 Million | Nkr54.99 Million | ▼ -92.0% |
| 2009 | 7.74x | Nkr318.09 Million | Nkr317.44 Million | Nkr41.08 Million | ▲ +612.1% |
| 2008 | -1.51x | Nkr-57.69 Million | Nkr-59.68 Million | Nkr38.15 Million | ▲ +32.3% |
| 2007 | -2.23x | Nkr-92.51 Million | Nkr-95.66 Million | Nkr41.40 Million | ▼ -259.6% |
| 2006 | 1.40x | Nkr67.91 Million | Nkr66.33 Million | Nkr48.49 Million | ▲ +217.1% |
| 2005 | -1.20x | Nkr-68.44 Million | Nkr-70.54 Million | Nkr57.24 Million | ▼ -111.6% |
| 2004 | -0.57x | Nkr-49.82 Million | Nkr-50.25 Million | Nkr88.14 Million | ▲ +18.2% |
| 2003 | -0.69x | Nkr-70.12 Million | Nkr-70.51 Million | Nkr101.50 Million | ▼ -94.0% |
| 2002 | -0.36x | Nkr-47.02 Million | Nkr-50.91 Million | Nkr132.01 Million | — |