Hove AS Cash Flow Conversion Efficiency

Latest as of December 2025: -0.033x

Hove AS cash flow conversion efficiency. 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.

Cash Flow Conversion Efficiency of Hove AS (2019–2025)

Cash flow conversion efficiency of Hove AS from 2019 to 2025. This chart illustrates how Hove AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Hove AS (HOVE) share price today for real-time trading data and today's change.

Hove AS Cash Flow Conversion Ratio Explained

Hove AS cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

Hove AS Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Hove AS ranked by their cash flow conversion efficiency. Also see market cap of Hove AS for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Canterra Minerals Corporation V:CTM	-0.091x
JSW Pacific TWO:5251	-0.002x
Shah Metacorp Limited NSE:SHAH	-0.450x
Sunrise New Energy Co. Ltd NASDAQ:EPOW	-0.678x
Highest Performances Holdings Inc. NASDAQ:HPH	-0.004x
Hamilton Global Opportunities PLC PA:ALHGO	-0.012x
Scienjoy Holding Corp NASDAQ:SJ	0.008x
Bowen Acquisition Corp Ordinary Shares NASDAQ:BOWN	0.000x

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. Review HOVE free cash flow to operating cash ratio to assess how much free cash flow the company generates relative to operating cash flow.

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

$27.53 Million

Dkr175.97 Million DKK

Market Cap Rank

#23906 Global

#104 in Denmark

Share Price

Dkr6.96

Change (1 day)

+0.00%

52-Week Range

Dkr4.57 - Dkr7.24

All Time High

Dkr9.88