Nordic Flanges Group AB (NFGAB) - Total Liabilities
Based on the latest financial reports, Nordic Flanges Group AB (NFGAB) has total liabilities worth Skr96.79 Million SEK (≈ $10.42 Million USD) as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Check Nordic Flanges Group AB liquidity resilience to evaluate the company's liquid asset resilience ratio.
Nordic Flanges Group AB - Total Liabilities Trend (2009–2024)
This chart illustrates how Nordic Flanges Group AB's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see NFGAB total asset value.
Nordic Flanges Group AB Competitors by Total Liabilities
The table below lists competitors of Nordic Flanges Group AB ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Dynasty Gold Corp
V:DYG
|
Canada | CA$542.41K |
|
Bio-gate AG
XETRA:BIG1
|
Germany | €2.16 Million |
|
Transocean Holdings Bhd
KLSE:7218
|
Malaysia | RM18.34 Million |
|
REGENER8 Resources NL
AU:R8R
|
Australia | AU$61.23K |
|
GENSOL ENGINEERING ORD (BSE)
NSE:GENSOL
|
India | Rs-6.01 Billion |
|
Magmatic Resources Ltd
AU:MAG
|
Australia | AU$2.10 Million |
|
ODIGMA CONSULTANCY SOLUTIONS LTD
NSE:ODIGMA
|
India | Rs92.55 Million |
|
Cadoux Ltd
AU:CCM
|
Australia | AU$1.38 Million |
Liability Composition Analysis (2009–2024)
This chart breaks down Nordic Flanges Group AB's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. See Nordic Flanges Group AB (NFGAB) balance sheet quality index to measure how much of total assets are equity-financed.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.84 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 5.58 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.85 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Nordic Flanges Group AB's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Nordic Flanges Group AB (2009–2024)
The table below shows the annual total liabilities of Nordic Flanges Group AB from 2009 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | Skr105.48 Million ≈ $11.35 Million |
-4.59% |
| 2023-12-31 | Skr110.55 Million ≈ $11.90 Million |
+4.40% |
| 2022-12-31 | Skr105.89 Million ≈ $11.40 Million |
+4.59% |
| 2021-12-31 | Skr101.25 Million ≈ $10.90 Million |
+40.82% |
| 2020-12-31 | Skr71.90 Million ≈ $7.74 Million |
-18.05% |
| 2019-12-31 | Skr87.73 Million ≈ $9.44 Million |
-8.69% |
| 2018-12-31 | Skr96.08 Million ≈ $10.34 Million |
+18.24% |
| 2017-12-31 | Skr81.26 Million ≈ $8.74 Million |
-8.93% |
| 2016-12-31 | Skr89.23 Million ≈ $9.60 Million |
-13.89% |
| 2015-12-31 | Skr103.62 Million ≈ $11.15 Million |
-30.67% |
| 2014-12-31 | Skr149.46 Million ≈ $16.08 Million |
-15.29% |
| 2013-12-31 | Skr176.44 Million ≈ $18.99 Million |
-12.42% |
| 2012-12-31 | Skr201.46 Million ≈ $21.68 Million |
-28.21% |
| 2011-12-31 | Skr280.64 Million ≈ $30.20 Million |
-1.42% |
| 2010-12-31 | Skr284.68 Million ≈ $30.64 Million |
-35.27% |
| 2009-12-31 | Skr439.79 Million ≈ $47.33 Million |
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About 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