NFO Drives

NFO Drives Interest Coverage

The Interest Coverage Ratio of NFO Drives (NFO.SL) as of Nov 4, 2026 is -3.53. In the previous year, Interest Coverage Ratio was -8.24 — a change of -57.15% (higher).

Interest Coverage

-3.53

YoY

-57.15%

Last updated:

Interest Coverage Ratio of NFO Drives is 2024 -3.53 . Interest Coverage Ratio of NFO Drives was 2023 -8.24 . It decreases by -57.15% higher compared to the previous year.

The NFO Drives Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
-4.17 SEK
Jan 1, 2018
-26.45 SEK
Jan 1, 2019
8.80 SEK
Jan 1, 2020
11.59 SEK
Jan 1, 2021
-15.00 SEK
Jan 1, 2022
-3.02 SEK
Jan 1, 2023
-8.24 SEK
Jan 1, 2024
-3.53 SEK
The NFO Drives Interest Coverage history
YEARInterest CoverageYoY
-3.53-57.15%
-8.24+173.04%
-3.02-79.88%
-15.00-229.40%
11.59+31.76%
8.80-133.26%
-26.45+534.68%
-4.17-95.25%
-87.69+113.36%
-41.10-66.94%
-124.32—

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NFO Drives Stock analysis

What does NFO Drives do? NFO Drives AB generates revenue through the development and sale of frequency inverters and electronic equipment, focusing on its patented products Sinus Switch and Natural Field Orientation (NFO). Sinus Switch provides a sinusoidal voltage to engines, reducing motor stress and extending service life, while NFO calculates motor speed across all frequencies without requiring a sensor. The company operates through two wholly owned subsidiaries, NFO Invest AB and NFO Control AB, both based in Karlshamn, Sweden, and holds a stake distribution where each subsidiary owns approximately 8% of the company. Sales are directed toward industrial clients requiring efficient motor control solutions, leveraging the unique technical advantages of its patented technologies. The company’s revenue model relies on direct sales of its patented frequency inverters, with Sinus Switch and NFO serving as core products. Industrial customers seeking to optimize motor performance and reduce maintenance costs purchase these solutions, as NFO eliminates the need for additional sensors, lowering installation complexity. NFO Drives AB’s subsidiaries facilitate operational and investment activities, supporting the company’s focus on innovation and market expansion within the electronic equipment sector. NFO Drives AB’s business strategy centers on proprietary technology, with Sinus Switch and NFO as key revenue drivers. The firm’s two subsidiaries, NFO Invest AB and NFO Control AB, manage internal operations and investments, ensuring the company’s focus remains on developing and selling its patented products. Industrial clients in the electronic equipment market are the primary buyers, drawn to the efficiency and sensor-free operation of NFO’s motor control solutions. NFO Drives is one of the most popular companies on Eulerpool.

Frequently Asked Questions about NFO Drives stock

Interest Coverage Ratio of NFO Drives is -3.53 in 2024.

Interest Coverage Ratio of NFO Drives changed from -8.24 to -3.53, representing a -57.15% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio NFO Drives since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's NFO Drives with sector peers and the industry average to assess whether it is attractive.

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Leverage — NFO Drives

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