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 HOVE cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

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.

Company	Cash Flow Conversion Efficiency
Sinergi Megah Internusa Tbk PT JK:NUSA	-0.204x
Hermana Holding ASA OL:HERMA	-0.040x
Andalan Perkasa Abadi Tbk PT JK:NASA	0.000x
CervoMed Inc. NASDAQ:CRVO	-0.755x
OneSavings Bank PLC LSE:OSB	-0.102x
Desoto Resources Ltd AU:DES	-0.226x
GeneBioTech Co. Ltd KQ:086060	0.072x
BeLive Holdings Ordinary Share NASDAQ:BLIV	N/A

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 market cap of Hove AS.

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

$22.55 Million

Dkr144.11 Million DKK

Market Cap Rank

#24750 Global

#109 in Denmark

Share Price

Dkr5.70

Change (1 day)

+1.79%

52-Week Range

Dkr3.04 - Dkr6.44

All Time High

Dkr9.88