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

Latest as of December 2025: -1.32x

Novakand Pharma AB (publ) (LARK) has a Financial Flexibility Index of -1.32x as of December 2025. Free cash flow of Skr-1.64 Million (operating CF Skr-1.64 Million minus capex Skr0.00) represents -1% of total liabilities (Skr1.24 Million). Check how resilient are Novakand Pharma AB (publ)'s assets to evaluate the company's liquid asset resilience ratio.

Financial Flexibility Index

-1.32x
Free Cash Flow / Total Liabilities

Free Cash Flow

Skr-1.64 Million
Operating CF − Capex

Total Liabilities

Skr1.24 Million
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. See working capital to net assets of Novakand Pharma AB (publ) to evaluate short-term liquidity relative to the company's equity base.

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 company profile including market capitalisation, see Novakand Pharma AB (publ) market capitalisation.

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