Hove AS (HOVE) - Cash Flow Conversion Efficiency

Latest as of December 2025: -0.033x

Based on the latest financial reports, Hove AS (HOVE) has a cash flow conversion efficiency ratio of -0.033x 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 (Dkr-2.88 Million ≈ $-450.75K USD) by net assets (Dkr87.16 Million ≈ $13.64 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 net asset quality index of Hove AS to measure how much of total assets are equity-financed.

Hove AS - Cash Flow Conversion Efficiency Trend (2019–2025)

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

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
Pulsenmore Ltd. Ordinary Shares NASDAQ:PLSM	-0.344x
Jiyuan Packaging Holdings Ltd TW:8488	-0.120x
ChemX Materials Ltd AU:CMX	3.822x
TPC CONSOLIDATED LTD. F:T7P	N/A
Excel Force MSC Bhd KLSE:0065	0.031x
TVI Pacific Inc V:TVI	-0.001x
Altech Chemicals Ltd F:A3Y	N/A
OD6 Metals Ltd AU:OD6	-0.066x

Annual Cash Flow Conversion Efficiency for Hove AS (2019–2025)

The table below shows the annual cash flow conversion efficiency of Hove AS from 2019 to 2025. For the full company profile with market capitalisation and key ratios, see HOVE stock market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	Dkr87.16 Million ≈ $13.64 Million	Dkr6.74 Million ≈ $1.05 Million	0.077x	+250.68%
2024-12-31	Dkr79.32 Million ≈ $12.41 Million	Dkr-4.07 Million ≈ $-637.09K	-0.051x	-208.83%
2023-12-31	Dkr71.42 Million ≈ $11.17 Million	Dkr3.37 Million ≈ $527.10K	0.047x	+5384.78%
2022-12-31	Dkr67.22 Million ≈ $10.52 Million	Dkr-60.00K ≈ $-9.39K	-0.001x	-101.83%
2021-12-31	Dkr59.96 Million ≈ $9.38 Million	Dkr2.92 Million ≈ $457.17K	0.049x	-53.21%
2020-12-31	Dkr21.01 Million ≈ $3.29 Million	Dkr2.19 Million ≈ $342.48K	0.104x	-80.42%
2019-12-31	Dkr16.03 Million ≈ $2.51 Million	Dkr8.53 Million ≈ $1.33 Million	0.532x	--

About Hove AS

CO:HOVE Denmark Specialty Chemicals

Market Cap

$23.73 Million

Dkr151.70 Million DKK

Market Cap Rank

#24489 Global

#108 in Denmark

Share Price

Dkr6.00

Change (1 day)

-0.99%

52-Week Range

Dkr3.45 - Dkr6.44

All Time High

Dkr9.88