Groenlandsbanken AS (GRLA) - Cash Flow Conversion Efficiency

Latest as of September 2023: 0.003x

Based on the latest financial reports, Groenlandsbanken AS (GRLA) has a cash flow conversion efficiency ratio of 0.003x as of September 2023. 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 (Dkr4.07 Million ≈ $636.78K USD) by net assets (Dkr1.42 Billion ≈ $222.61 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Groenlandsbanken AS (GRLA) net asset quality to measure how much of total assets are equity-financed.

Groenlandsbanken AS - Cash Flow Conversion Efficiency Trend (2002–2025)

This chart illustrates how Groenlandsbanken AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Groenlandsbanken AS's earnings quality to evaluate the quality of earnings relative to operating cash generation.

Groenlandsbanken AS Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Groenlandsbanken AS ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Materialise NV NASDAQ:MTLS	0.027x
Zhejiang Tailin Bioengineering Co Ltd SHE:300813	0.052x
Guangxi Fenglin Wood Industry Group Co Ltd SHG:601996	0.028x
Shanghai Xin Nanyang Co Ltd SHG:600661	-0.043x
SuperX AI Technology Limited NASDAQ:SUPX	-0.273x
Selvaag Bolig ASA OL:SBO	0.106x
Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS IS:KORDS	0.077x
Guangdong Jushen Logistics Co Ltd SHE:001202	-0.042x

Annual Cash Flow Conversion Efficiency for Groenlandsbanken AS (2002–2025)

The table below shows the annual cash flow conversion efficiency of Groenlandsbanken AS from 2002 to 2025. For the full company profile with market capitalisation and key ratios, see Groenlandsbanken AS market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	Dkr1.60 Billion ≈ $250.18 Million	Dkr72.50 Million ≈ $11.34 Million	0.045x	-90.19%
2024-12-31	Dkr1.59 Billion ≈ $249.33 Million	Dkr736.20 Million ≈ $115.18 Million	0.462x	+283.59%
2023-12-31	Dkr1.48 Billion ≈ $231.42 Million	Dkr-372.18 Million ≈ $-58.23 Million	-0.252x	-475.60%
2022-12-31	Dkr1.32 Billion ≈ $206.30 Million	Dkr88.34 Million ≈ $13.82 Million	0.067x	+155.68%
2021-12-31	Dkr1.27 Billion ≈ $198.37 Million	Dkr-152.56 Million ≈ $-23.87 Million	-0.120x	-248.64%
2020-12-31	Dkr1.18 Billion ≈ $184.14 Million	Dkr95.27 Million ≈ $14.91 Million	0.081x	-92.08%
2019-12-31	Dkr1.08 Billion ≈ $168.61 Million	Dkr1.10 Billion ≈ $172.35 Million	1.022x	+118.94%
2018-12-31	Dkr999.16 Million ≈ $156.33 Million	Dkr466.49 Million ≈ $72.99 Million	0.467x	+175.87%
2017-12-31	Dkr958.46 Million ≈ $149.96 Million	Dkr-589.80 Million ≈ $-92.28 Million	-0.615x	-884.65%
2016-12-31	Dkr926.21 Million ≈ $144.91 Million	Dkr72.64 Million ≈ $11.36 Million	0.078x	-87.45%
2015-12-31	Dkr914.28 Million ≈ $143.05 Million	Dkr571.30 Million ≈ $89.38 Million	0.625x	+555.79%
2014-12-31	Dkr909.87 Million ≈ $142.36 Million	Dkr-124.74 Million ≈ $-19.52 Million	-0.137x	-126.79%
2013-12-31	Dkr876.24 Million ≈ $137.09 Million	Dkr448.32 Million ≈ $70.14 Million	0.512x	+832.92%
2012-12-31	Dkr850.95 Million ≈ $133.14 Million	Dkr46.67 Million ≈ $7.30 Million	0.055x	+130.60%
2011-12-31	Dkr791.91 Million ≈ $123.90 Million	Dkr-141.95 Million ≈ $-22.21 Million	-0.179x	-123.99%
2010-12-31	Dkr758.38 Million ≈ $118.65 Million	Dkr566.64 Million ≈ $88.65 Million	0.747x	+776.87%
2009-12-31	Dkr694.28 Million ≈ $108.63 Million	Dkr59.16 Million ≈ $9.26 Million	0.085x	+118.68%
2008-12-31	Dkr626.22 Million ≈ $97.98 Million	Dkr-285.71 Million ≈ $-44.70 Million	-0.456x	-431.44%
2007-12-31	Dkr649.46 Million ≈ $101.61 Million	Dkr89.40 Million ≈ $13.99 Million	0.138x	-30.24%
2006-12-31	Dkr648.72 Million ≈ $101.50 Million	Dkr128.00 Million ≈ $20.03 Million	0.197x	+2.61%
2005-12-31	Dkr626.71 Million ≈ $98.05 Million	Dkr120.52 Million ≈ $18.86 Million	0.192x	+213.75%
2004-12-31	Dkr533.30 Million ≈ $83.44 Million	Dkr-90.15 Million ≈ $-14.11 Million	-0.169x	+77.63%
2003-12-31	Dkr532.24 Million ≈ $83.27 Million	Dkr-402.26 Million ≈ $-62.94 Million	-0.756x	-173.28%
2002-12-31	Dkr530.80 Million ≈ $83.05 Million	Dkr547.46 Million ≈ $85.65 Million	1.031x	--

About Groenlandsbanken AS

CO:GRLA Denmark Banks - Regional

Market Cap

$319.64 Million

Dkr2.04 Billion DKK

Market Cap Rank

#14319 Global

#60 in Denmark

Share Price

Dkr1135.00

Change (1 day)

+1.79%

52-Week Range

Dkr795.00 - Dkr1200.00

All Time High

Dkr1200.00