NTG Nordic Transport Group A/S (CPH:NTG)

CPH:NTG Cash Flow Statement

Financials in millions DKK. Fiscal year is January - December.

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	611	593	524	630	758	542
Depreciation & Amortization	386	370	260	223	222	157
Stock-Based Compensation	17	17	-11	-38	6	-40
Other Adjustments	-189	-222	-84	-116	-77	-64
Changes in Income Taxes Payable	-130	-135	-127	-96	-116	-82
Changes in Other Operating Activities	-129	-27	-191	-10	114	-51
Operating Cash Flow	566	596	371	593	907	462
Operating Cash Flow Growth	26.06%	60.65%	-37.44%	-34.62%	96.32%	-0.28%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-34	-41	-34	-25	-10	-12
Sale of Property, Plant & Equipment	-	27	26	10	5	5
Cash Acquisitions	-558	-874	-327	-3	-492	-152
Other Investing Activities	-2	3	7	11	-16	-8
Investing Cash Flow	-567	-885	-328	-7	-513	-167

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Long-Term Debt Issued	254	949	123	-17	106	80
Long-Term Debt Repaid	-1	-	-	-	-	-192
Net Long-Term Debt Issued (Repaid)	253	949	123	-17	106	-112
Repurchase of Common Stock	-25	-	-	-301	-98	-113
Net Common Stock Issued (Repurchased)	-25	-	-	-301	-98	-113
Other Financing Activities	-399	-367	-345	-255	-239	-213
Financing Cash Flow	-171	582	-222	-573	-231	-438

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	-3	-11	5	10	-9	6
Net Cash Flow	-172	293	-179	23	154	-137

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	532	555	337	568	897	450
Free Cash Flow Growth	31.36%	64.69%	-40.67%	-36.68%	99.33%	-1.85%
FCF Margin	4.56%	4.88%	3.60%	6.81%	8.77%	6.16%
Free Cash Flow Per Share	24.17	25.39	15.79	26.14	39.89	19.79
Levered Free Cash Flow	569	1,333	328	449	798	249
Unlevered Free Cash Flow	471.4	546.51	294.77	582.14	782.71	446.23

Data Source: Fiscal.ai Last updated: May 6, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 31, 2026

Data Sources Report a data error