Nel ASA (OSL:NEL)
Norway · Delayed Price · Currency is NOK 2.085
+0.040 (1.96%)
Sep 4, 2026, 4:25 PM CET
Nel ASA Cash Flow Statement
Financials in millions NOK. Fiscal year is January - December.
Millions NOK. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -1,287 | -1,265 | -244.34 | -855.2 | -1,171 | -1,667 |
Depreciation & Amortization | 252.43 | 290.47 | 216.49 | 223.81 | 171.48 | 103.12 |
Asset Writedown & Restructuring Costs | 799.41 | 799.41 | - | 1.97 | 327.3 | 4.5 |
Stock-Based Compensation | 2.01 | 2.01 | 2.72 | 4.03 | 8.34 | 0.01 |
Other Operating Activities | 229.83 | -8.14 | 12.27 | 349.51 | 25.95 | 1,100 |
Change in Accounts Receivable | 205.75 | 205.75 | 117.77 | -262.12 | 144.59 | 6.99 |
Change in Inventory | -387.05 | -387.05 | -144.06 | -199.4 | -176.13 | -91.34 |
Change in Accounts Payable | 16.05 | 16.05 | -56.03 | 3.12 | 68.78 | 51.39 |
Change in Other Net Operating Assets | -136.47 | 93.82 | 25.64 | 64.6 | -89.73 | 42.84 |
Operating Cash Flow | -305.38 | -252.8 | -241.58 | -669.67 | -690.58 | -449.46 |
Operating Cash Flow Growth | - | - | - | - | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -129.66 | -145.16 | -527.34 | -573.59 | -160.49 | -258.28 |
Sale of Property, Plant & Equipment | - | - | - | - | - | 26.06 |
Sale (Purchase) of Intangibles | -155.75 | -145.25 | -119.24 | -166.24 | -118.25 | -118.87 |
Investment in Securities | 3.18 | -48.43 | 116.63 | 93.02 | -124.35 | -22.52 |
Other Investing Activities | 27.01 | 33.45 | -51.96 | - | - | - |
Investing Cash Flow | -255.23 | -305.38 | -581.91 | -646.81 | -403.09 | -373.62 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Repaid | - | -29.46 | -20.94 | -27.31 | -16.29 | -19.93 |
Net Debt Issued (Repaid) | -29.83 | -29.46 | -20.94 | -27.31 | -16.29 | -19.93 |
Issuance of Common Stock | - | 353.07 | - | 1,609 | 1,546 | 1,255 |
Other Financing Activities | -15.63 | -20.51 | -645.05 | -40.16 | -34.59 | -19.24 |
Financing Cash Flow | -45.47 | 303.1 | -665.99 | 1,542 | 1,495 | 1,216 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 6.21 | -3.05 | 1.63 | -0.38 | 14.46 | -2.94 |
Net Cash Flow | -599.86 | -258.12 | -1,488 | 224.88 | 415.78 | 389.92 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -435.04 | -397.95 | -768.92 | -1,243 | -851.07 | -707.74 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -46.51% | -41.32% | -55.32% | -92.11% | -93.03% | -93.98% |
Free Cash Flow Per Share | -0.24 | -0.22 | -0.46 | -0.75 | -0.55 | -0.48 |
Levered Free Cash Flow | -598.44 | -436.3 | -556.21 | -1,369 | -703.08 | -648.2 |
Unlevered Free Cash Flow | -588.64 | -425.88 | -545.91 | -1,359 | -696.1 | -645.68 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 15.63 | 16.67 | 16.17 | 15.46 | 11.17 | 3.68 |
Change in Working Capital | -301.72 | -71.43 | -56.68 | -393.8 | -52.49 | 9.89 |