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. Also see Hove AS (HOVE) total market value for the company's overall valuation and market capitalisation.

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.

Hove AS Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Hove AS ranked by their cash flow conversion efficiency. Explore Hove AS (HOVE) cash flow quality to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Evaxion Biotech AS NASDAQ:EVAX	-0.697x
FORCS Co.Ltd KQ:189690	0.034x
AJ Bell plc LSE:AJB	0.213x
Argent Minerals Ltd AU:ARD	-0.260x
Moonbae Steel KO:008420	-0.026x
Genoray Co. Ltd KQ:122310	0.057x
PGF Polska Grupa Fotowoltaiczna SA WAR:PGV	0.000x
Chumpower Machinery Corp TWO:4575	0.030x

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. View HOVE stock price for real-time trading data and today's change.

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

$27.69 Million

Dkr176.98 Million DKK

Market Cap Rank

#24153 Global

#104 in Denmark

Share Price

Dkr7.00

Change (1 day)

-1.41%

52-Week Range

Dkr4.28 - Dkr7.24

All Time High

Dkr9.88