Novakand Pharma AB (publ) (LARK) — Financial Flexibility Index

Latest as of June 2026: 0.42x

Novakand Pharma AB (publ) (LARK) has a Financial Flexibility Index of 0.42x as of June 2026. Free cash flow of Skr352.00K (operating CF Skr352.00K minus capex Skr0.00) represents 0% of total liabilities (Skr846.00K). Explore LARK capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Financial Flexibility Index

0.42x
Free Cash Flow / Total Liabilities

Free Cash Flow

Skr352.00K
Operating CF − Capex

Total Liabilities

Skr846.00K
SEK

Capital Expenditures

Skr0.00
SEK

Novakand Pharma AB (publ) Financial Flexibility Index (2012–2025)

Historical Financial Flexibility Index trend for Novakand Pharma AB (publ) across 14 annual periods. Check how aggressively does Novakand Pharma AB (publ) reinvest cash to assess the company's total reinvestment commitment from operating cash flow.

Annual Financial Flexibility Index for Novakand Pharma AB (publ) (2012–2025)

Year-by-year free cash flow to debt coverage for Novakand Pharma AB (publ). For the full cash flow conversion analysis, see LARK cash flow conversion.

Year Flexibility Index Free Cash Flow (SEK) Operating CF Total Liabilities YoY Change
2025 -10.31x Skr-12.78 Million Skr-12.78 Million Skr1.24 Million ▼ -48.1%
2024 -6.96x Skr-29.95 Million Skr-29.95 Million Skr4.30 Million ▲ +4.9%
2023 -7.33x Skr-30.45 Million Skr-30.56 Million Skr4.16 Million ▼ -168.1%
2022 -2.73x Skr-16.67 Million Skr-16.67 Million Skr6.10 Million ▼ -197.5%
2021 2.80x Skr22.26 Million Skr22.11 Million Skr7.94 Million ▲ +158.5%
2020 -4.79x Skr-38.24 Million Skr-38.35 Million Skr7.98 Million ▼ -421.5%
2019 -0.92x Skr-21.60 Million Skr-21.60 Million Skr23.51 Million ▼ -2147.8%
2018 0.04x Skr657.80K Skr227.60K Skr14.66 Million ▲ +100.8%
2017 -5.86x Skr-9.53 Million Skr-9.53 Million Skr1.63 Million ▲ +45.7%
2016 -10.78x Skr-8.73 Million Skr-8.81 Million Skr809.66K ▼ -24.6%
2015 -8.65x Skr-5.99 Million Skr-6.29 Million Skr691.73K ▼ -711.4%
2014 -1.07x Skr-620.67K Skr-620.67K Skr582.04K ▲ +83.9%
2013 -6.64x Skr-272.15K Skr-272.15K Skr40.98K ▼ -3426.4%
2012 0.20x Skr59.21K Skr59.21K Skr296.58K —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities