Hove AS
Hove A/S develops, produces, and supplies advanced lubrication solutions for heavy machinery in Denmark and inetrnationally. It offers Hove Smart Lube, a field-proven digital solution for traceability and maintaining control of lubrication; Hove Carry, a portable lubrication pump for port cranes; EASY GREASE V5 and EASY GREASE V4 lubrication pumps; Hove ONE pump for direct and central lubrication… Read more
Hove AS (HOVE) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.033x
Based on the latest financial reports, Hove AS (HOVE) has a cash flow conversion efficiency ratio of -0.033x as of September 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 (Dkr-2.88 Million) by net assets (Dkr86.80 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Hove AS - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Hove AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Hove AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hove AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Kimia Farma Persero Tbk
JK:KAEF
|
0.018x |
|
Strategic Minerals Plc
PINK:SMCDF
|
0.115x |
|
Steamships Trading Company Ltd
AU:SST
|
0.095x |
|
OpenSys M Bhd
KLSE:0040
|
0.131x |
|
Pierre & Vacances
LSE:0OQ0
|
-0.722x |
|
Innovative Technology Development Corp
VN:ITD
|
N/A |
|
Marti Otel Isletmeleri AS
IS:MARTI
|
-0.004x |
|
Garanti Yatirim Ortakligi AS
IS:GRNYO
|
0.026x |
Annual Cash Flow Conversion Efficiency for Hove AS (2019–2024)
The table below shows the annual cash flow conversion efficiency of Hove AS from 2019 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Dkr79.32 Million | Dkr-4.07 Million | -0.051x | -208.83% |
| 2023-12-31 | Dkr71.42 Million | Dkr3.37 Million | 0.047x | +5384.78% |
| 2022-12-31 | Dkr67.22 Million | Dkr-60.00K | -0.001x | -101.83% |
| 2021-12-31 | Dkr59.96 Million | Dkr2.92 Million | 0.049x | -53.21% |
| 2020-12-31 | Dkr21.01 Million | Dkr2.19 Million | 0.104x | -80.42% |
| 2019-12-31 | Dkr16.03 Million | Dkr8.53 Million | 0.532x | -- |