NFGAB.ST
Price:
$11.5
Market Cap:
$26.38M
Nordic Flanges Group AB (publ) produces and sells industrial flanges in Sweden, rest of the Nordic region, and internationally. The company provides flange solutions and forged products in stainless steel, aluminum, and carbon steel. It offers stock flanges, collars, welding rings, and loose flanges, as well as special flanges and customer-specific products. The company was formerly known as Vinovo AB (publ) and changed its name to Nordic Flanges Group AB (publ) in March 2015. Nordic Flanges Group AB (publ) was founded in 1970 and is headquartered in Stockholm, Sweden.
Industry
Manufacturing - Metal Fabrication
IPO Date
2007-10-22
Stock Exchange
STO
Ticker
NFGAB.ST
According to Nordic Flanges Group AB (publ)’s latest financial reports and current stock price. The company's current Current Ratio is 0.84. This represents a change of -3.52% compared to the average of 0.88 of the last 4 quarters.
The mean historical Current Ratio of Nordic Flanges Group AB (publ) over the last ten years is 1.48. The current 0.84 Current Ratio has changed 5.59% with respect to the historical average. Over the past ten years (40 quarters), NFGAB.ST's Current Ratio was at its highest in in the September 2017 quarter at 2.32. The Current Ratio was at its lowest in in the March 2016 quarter at 0.
Average
1.48
Median
1.32
Minimum
0.92
Maximum
2.32
Discovering the peaks and valleys of Nordic Flanges Group AB (publ) Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 29.15%
Maximum Annual Current Ratio = 2.32
Minimum Annual Increase = -33.61%
Minimum Annual Current Ratio = 0.92
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.92 | -1.60% |
| 2023 | 0.93 | -27.06% |
| 2022 | 1.28 | 29.15% |
| 2021 | 0.99 | -19.09% |
| 2020 | 1.22 | -9.86% |
| 2019 | 1.36 | -11.78% |
| 2018 | 1.54 | -33.61% |
| 2017 | 2.32 | 2.43% |
| 2016 | 2.26 | 11.69% |
| 2015 | 2.02 | 22.09% |
The current Current Ratio of Nordic Flanges Group AB (publ) (NFGAB.ST) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.04
5-year avg
1.07
10-year avg
1.48
Nordic Flanges Group AB (publ)’s Current Ratio is greater than Irisity AB (publ) (0.67), less than Precomp Solutions AB (publ) (0.85), less than Carbiotix AB (1.19), less than Heliospectra AB (publ) (2.25), greater than Hedera Group AB (publ) (0.71), less than NetJobs Group AB (publ) (1.83), less than Mantex AB (publ) (2.10), greater than MoveByBike Europe AB (publ) (0.14), less than CirChem AB (publ) (1.97), less than Hexicon AB (publ) (2.51),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.67 | $22.18M | |
| 0.85 | $22.69M | |
| 1.19 | $24.28M | |
| 2.25 | $27.36M | |
| 0.71 | $21.87M | |
| 1.83 | $27.87M | |
| 2.10 | $17.57M | |
| 0.14 | $7.42M | |
| 1.97 | $29.25M | |
| 2.51 | $58.03M |
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