Nordic Flanges Group AB

Nordic Flanges Group AB

SSTO:NFGAB
32.00
SEK
-2.00
(-5.88%)
1.03EPS
23.63P/E
55.98MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
742.14
691.51
466.48
416.32
379.93
394.76
396.61
360.39
362.9
304.64
323.59
132.27
99.5
109.09
Basic EPS, GAAP
-34.94
-35.4
-7.4
0.42
-31.25
-21.6
-31.52
-23.27
-22.82
-9.81
-22.96
-11.42
-1.11
1.03
Free Cash Flow per Basic Share
14.94
11.43
-11.9
7.74
22.73
-11.23
-5.05
22.75
-23.11
-20.37
-7.47
-1.75
4.22
4.6
Dividend per Share
- -
- -
- -
- -
3
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
223.73
189.8
180.48
184.04
152.16
133.66
103.33
76.42
55.88
45.79
22.5
9.8
7.51
10.73
Tangible Book Value per Share
218.2
186.81
179.74
183.63
151.09
131.57
96.59
71.58
52.86
44.73
22.16
9.8
7.51
10.73
Basic Weighted Avg Shares
1
1
1
1
1
1
1
1
1
1
1
2
2
2
Sales/Revenue/Turnover
389
362
244
218
199
207
208
189
191
239
273
229
228
250
Operating Margin (%)
-3.99
0.98
-1.52
1.25
-6.28
-2.98
-6.08
-3.67
-3.55
0.14
-3.6
-4.72
1.32
3.94
Depreciation Expense
18
29
16
14
21
13
11
11
10
11
11
12
10
10
Net Income, GAAP
-18
-19
-4
- -
-16
-11
-17
-12
-12
-8
-19
-20
-3
2
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-4.71
-5.12
-1.59
0.1
-8.22
-5.47
-7.95
-6.46
-6.29
-3.22
-7.09
-8.64
-1.11
0.95
Working Capital
60
59
55
58
53
33
22
11
-1
19
-6
-8
-14
-9
LT Debt
73
48
42
3
3
31
25
21
25
30
26
13
6
2
Total Equity
117
99
94
96
80
70
54
40
29
39
19
22
17
25
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-14.44
-17.12
-4
0.23
-18.59
-15.11
-26.59
-25.79
-34.5
-22.58
-67.23
-95.29
-12.82
10.88

Capital Structure

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
38
30
26
LT Borrowings
3
3
2
LT Finance Leases
3
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2
2
2
Market Capitalization
27
43
56

Working Capital

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
74
75
74
Cash, Cash Equivalents & STI
16
7
6
Accounts Receivable, Net
11
19
20
Inventories
41
43
41
Total Current Liabilities
87
86
83
Payables & Accruals
- -
- -
- -
ST Debt
38
30
26
Deferred Revenue
- -
- -
- -

Growth Rates

SEK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-12.72%
-10.3%
-23.41%
Free Cash Flow
-142.98%
-140.72%
-420.05%
Net Income, GAAP
-758.95%
5.85%
-87.12%
Sales/Revenue/Turnover
-0.02%
4.76%
-0.23%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
60
63
52
54
229
2025
63
60
- -
58
228
2026
62
70
- -
- -
- -

Quarterly Earnings Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-3.89
-1.82
-2.24
-6
-11.42
2025
0.01
-1.92
- -
0.67
-1.11
2026
0.79
1.49
- -
- -
- -

Quarterly Dividends Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Nills Robert Svedberg
Full Time Employees
90
Sector
Producer manufacturing
Industry
Industrial machinery
Address
Kavelvägen 17 Sjalevad Sweden 894 35
IPO Date
Oct 23, 2007
Business
Nordic Flanges Group AB (publ) (NFGAB.ST) manufactures and supplies industrial flanges and OEM components primarily in stainless steel, carbon steel, aluminum, duplex, super duplex, titanium and related materials; offers standard and custom flanges including welding necks, welding rings, loose flanges, blind flanges, slip-on flanges, socket welding flanges and threaded flanges; provides forging, gravity die casting, flame and plasma cutting, advanced CNC machining, welding, heat treatment, surface treatment, laboratory testing and subcontracting services according to customer drawings. The Sweden-based group, founded in 2005 as Vinovo AB and renamed in 2015 with headquarters in Stockholm, operates production facilities through subsidiaries Nordic Flanges AB in Örnsköldsvik Sweden (forged stainless steel products, founded 1977), Nordic Flanges Oy in Kronoby Finland (aluminum casting, founded 1957) and Ferral Components Oy in Kalajoki Finland (special steel components); maintains a sales office and warehouse in Chicago US and exports to over 40 countries across six continents targeting energy, oil and gas, offshore, process industry, marine, pulp and paper, chemical, water treatment and infrastructure sectors. Latest changes include a November 2023 restructuring of Nordic Flanges AB with staff reductions, premises adaptation and efficiency measures expected to save SEK 13 million annually for improved 2024 profitability; April 2024 rights issue of up to SEK 27 million fully guaranteed at 68% to strengthen balance sheet, fund working capital, automation investments and further restructuring with 10-15% organic net sales growth and 5-12% EBITDA margin targets over 3-5 years; ongoing shift to high-margin OEM sales now at 41% of revenue with US sales CAGR of 170% from 2021-2023 and total group revenue of SEK 273 million in 2023.