Nordic Flanges Group AB
Nordic Flanges Group AB (publ) manufactures and sells industrial flanges in Sweden, the rest of the Nordic region, the United States, and internationally. The company provides flanges in stainless steel, carbon steel, special alloys, titanium, and aluminum; welding necks and rings; and loose flanges. The company was formerly known as Vinovo AB (publ) and changed its name to Nordic Flanges Group A… Read more
Nordic Flanges Group AB (NFGAB) - Total Assets
Latest total assets as of September 2025: Skr114.13 Million SEK
Based on the latest financial reports, Nordic Flanges Group AB (NFGAB) holds total assets worth Skr114.13 Million SEK as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Nordic Flanges Group AB - Total Assets Trend (2009–2024)
This chart illustrates how Nordic Flanges Group AB’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nordic Flanges Group AB - Asset Composition Analysis
Current Asset Composition (December 2024)
Nordic Flanges Group AB's total assets of Skr114.13 Million consist of 65.1% current assets and 34.9% non-current assets.
| Asset Category | Amount (SEK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr0.00 | 8.6% |
| Accounts Receivable | Skr16.92 Million | 13.2% |
| Inventory | Skr48.09 Million | 37.6% |
| Property, Plant & Equipment | Skr32.35 Million | 25.3% |
| Intangible Assets | Skr13.00K | 0.0% |
| Goodwill | Skr0.00 | 0.0% |
Asset Composition Trend (2009–2024)
This chart illustrates how Nordic Flanges Group AB's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Nordic Flanges Group AB's current assets represent 65.1% of total assets in 2024, an increase from 44.0% in 2009.
- Cash Position: Cash and equivalents constituted 8.6% of total assets in 2024, up from 8.3% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 14.0% in 2009.
- Asset Diversification: The largest asset category is inventory at 37.6% of total assets.
Nordic Flanges Group AB Competitors by Total Assets
Key competitors of Nordic Flanges Group AB based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Hejin Holding Co Ltd
SHE:000633
|
China | CN¥311.40 Million |
|
Chongqing Changjiang River Moulding Material (Group) Co. Ltd.
SHE:001296
|
China | CN¥2.22 Billion |
|
Winstech Precision Hldg Co
SHE:001319
|
China | CN¥1.77 Billion |
|
Guangdong Jingyi Metal Co Ltd
SHE:002295
|
China | CN¥2.52 Billion |
|
Shanghai Xinpeng Industry Co Ltd
SHE:002328
|
China | CN¥5.66 Billion |
|
Beijing Lier High Temperature Materials Co Ltd
SHE:002392
|
China | CN¥10.29 Billion |
|
Suzhou Victory Precision Manufacture Co Ltd
SHE:002426
|
China | CN¥6.59 Billion |
|
Dajin Heavy Industry Corp
SHE:002487
|
China | CN¥14.23 Billion |
Nordic Flanges Group AB - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Nordic Flanges Group AB generates 1.79x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Nordic Flanges Group AB is currently not profitable relative to its asset base.
Nordic Flanges Group AB - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.84 | 1.01 | 1.22 |
| Quick Ratio | 0.36 | 0.48 | 0.48 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Skr-13.78 Million | Skr 1.11 Million | Skr 11.21 Million |
Nordic Flanges Group AB - Advanced Valuation Insights
This section examines the relationship between Nordic Flanges Group AB's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.53 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -1.2% |
| Total Assets | Skr127.97 Million |
| Market Capitalization | $483.40K USD |
Valuation Analysis
Below Book Valuation: The market values Nordic Flanges Group AB's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Nordic Flanges Group AB's assets decreased by 1.2% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Nordic Flanges Group AB (2009–2024)
The table below shows the annual total assets of Nordic Flanges Group AB from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Skr127.97 Million | -1.20% |
| 2023-12-31 | Skr129.53 Million | -10.36% |
| 2022-12-31 | Skr144.51 Million | +10.57% |
| 2021-12-31 | Skr130.70 Million | +16.52% |
| 2020-12-31 | Skr112.17 Million | -21.11% |
| 2019-12-31 | Skr142.19 Million | -14.37% |
| 2018-12-31 | Skr166.06 Million | +3.20% |
| 2017-12-31 | Skr160.91 Million | -13.30% |
| 2016-12-31 | Skr185.59 Million | -6.32% |
| 2015-12-31 | Skr198.11 Million | -20.38% |
| 2014-12-31 | Skr248.81 Million | -15.23% |
| 2013-12-31 | Skr293.53 Million | -13.77% |
| 2012-12-31 | Skr340.38 Million | -32.82% |
| 2011-12-31 | Skr506.66 Million | -2.12% |
| 2010-12-31 | Skr517.65 Million | -19.78% |
| 2009-12-31 | Skr645.26 Million | -- |