Carlsberg A/S (CARL-A) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Carlsberg A/S (CARL-A) has a cash flow conversion efficiency ratio of 0.241x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Dkr7.41 Billion ≈ $1.16 Billion USD) by net assets (Dkr30.68 Billion ≈ $4.80 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See CARL-A cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Carlsberg A/S - Cash Flow Conversion Efficiency Trend (2002–2025)
This chart illustrates how Carlsberg A/S's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Carlsberg A/S Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Carlsberg A/S ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ultrapar Participacoes SA ADR
NYSE:UGP
|
0.141x |
|
Black Hills Corporation
NYSE:BKH
|
0.044x |
|
Huali Industrial Group Company Limited
SHE:300979
|
0.143x |
|
Red Avenue New Materials Group Co Ltd
SHG:603650
|
0.058x |
|
PrairieSky Royalty Ltd
TO:PSK
|
0.031x |
|
Open Text Corp
TO:OTEX
|
0.079x |
|
Walsin Lihwa Corp
TW:1605
|
0.021x |
|
TDG Holding Co Ltd
SHG:600330
|
0.001x |
Annual Cash Flow Conversion Efficiency for Carlsberg A/S (2002–2025)
The table below shows the annual cash flow conversion efficiency of Carlsberg A/S from 2002 to 2025. For the full company profile with market capitalisation and key ratios, see market cap of Carlsberg A/S.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | Dkr30.68 Billion ≈ $4.80 Billion |
Dkr13.04 Billion ≈ $2.04 Billion |
0.425x | -4.08% |
| 2024-12-31 | Dkr30.61 Billion ≈ $4.79 Billion |
Dkr13.57 Billion ≈ $2.12 Billion |
0.443x | -1.66% |
| 2023-12-31 | Dkr25.75 Billion ≈ $4.03 Billion |
Dkr11.61 Billion ≈ $1.82 Billion |
0.451x | +20.87% |
| 2022-12-31 | Dkr34.72 Billion ≈ $5.43 Billion |
Dkr12.95 Billion ≈ $2.03 Billion |
0.373x | +37.14% |
| 2021-12-31 | Dkr48.76 Billion ≈ $7.63 Billion |
Dkr13.26 Billion ≈ $2.07 Billion |
0.272x | +7.91% |
| 2020-12-31 | Dkr43.36 Billion ≈ $6.78 Billion |
Dkr10.93 Billion ≈ $1.71 Billion |
0.252x | -5.21% |
| 2019-12-31 | Dkr46.03 Billion ≈ $7.20 Billion |
Dkr12.24 Billion ≈ $1.91 Billion |
0.266x | +5.69% |
| 2018-12-31 | Dkr47.89 Billion ≈ $7.49 Billion |
Dkr12.05 Billion ≈ $1.88 Billion |
0.252x | +5.28% |
| 2017-12-31 | Dkr49.52 Billion ≈ $7.75 Billion |
Dkr11.83 Billion ≈ $1.85 Billion |
0.239x | +37.42% |
| 2016-12-31 | Dkr53.65 Billion ≈ $8.39 Billion |
Dkr9.33 Billion ≈ $1.46 Billion |
0.174x | -19.01% |
| 2015-12-31 | Dkr47.23 Billion ≈ $7.39 Billion |
Dkr10.14 Billion ≈ $1.59 Billion |
0.215x | +62.35% |
| 2014-12-31 | Dkr56.00 Billion ≈ $8.76 Billion |
Dkr7.41 Billion ≈ $1.16 Billion |
0.132x | +4.10% |
| 2013-12-31 | Dkr71.50 Billion ≈ $11.19 Billion |
Dkr9.08 Billion ≈ $1.42 Billion |
0.127x | -5.21% |
| 2012-12-31 | Dkr73.65 Billion ≈ $11.52 Billion |
Dkr9.87 Billion ≈ $1.54 Billion |
0.134x | +8.93% |
| 2011-12-31 | Dkr71.63 Billion ≈ $11.21 Billion |
Dkr8.81 Billion ≈ $1.38 Billion |
0.123x | -22.26% |
| 2010-12-31 | Dkr69.63 Billion ≈ $10.89 Billion |
Dkr11.02 Billion ≈ $1.72 Billion |
0.158x | -25.52% |
| 2009-12-31 | Dkr64.15 Billion ≈ $10.04 Billion |
Dkr13.63 Billion ≈ $2.13 Billion |
0.212x | +65.25% |
| 2008-12-31 | Dkr60.75 Billion ≈ $9.50 Billion |
Dkr7.81 Billion ≈ $1.22 Billion |
0.129x | -46.98% |
| 2007-12-31 | Dkr19.94 Billion ≈ $3.12 Billion |
Dkr4.84 Billion ≈ $756.78 Million |
0.243x | +3.02% |
| 2006-12-31 | Dkr18.99 Billion ≈ $2.97 Billion |
Dkr4.47 Billion ≈ $699.36 Million |
0.235x | -3.05% |
| 2005-12-31 | Dkr19.50 Billion ≈ $3.05 Billion |
Dkr4.73 Billion ≈ $740.67 Million |
0.243x | +2.75% |
| 2004-12-31 | Dkr16.11 Billion ≈ $2.52 Billion |
Dkr3.81 Billion ≈ $595.48 Million |
0.236x | -6.32% |
| 2003-12-31 | Dkr17.91 Billion ≈ $2.80 Billion |
Dkr4.52 Billion ≈ $706.72 Million |
0.252x | -21.43% |
| 2002-12-31 | Dkr17.29 Billion ≈ $2.70 Billion |
Dkr5.55 Billion ≈ $868.34 Million |
0.321x | -- |
About Carlsberg A/S
Carlsberg A/S produces and markets beer, soft drinks, and other beverage products in Denmark, China, the United Kingdom, and internationally. The company offers abbey beer, alcohol-free drinks, ale, American dark lager, Belgian ale, Belgian pale ale, bock, Bosomian Pilsners, brown ale, cider, dark lager, dubbel, energy drink, English pale ale, European dark and strong lager, European lager and pa… Read more