Penneo AS
Penneo A/S, a software-as-a-service company, provides signing and know-your-customer workflow software for the auditing and accounting industry. Its solutions include Penneo Sign for digital signing, workflow automation, and data collection; and Penneo KYC to automate the client onboarding process. The company serves customers in audit and accounting, finance and banking, real estate, legal, and … Read more
Penneo AS (PENNEO) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.023x
Based on the latest financial reports, Penneo AS (PENNEO) has a cash flow conversion efficiency ratio of -0.023x as of September 2024.
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-1.71 Million) by net assets (Dkr75.01 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Penneo AS - Cash Flow Conversion Efficiency Trend (2019–2023)
This chart illustrates how Penneo 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.
Penneo AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Penneo AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Genesys International Corporation Limited
NSE:GENESYS
|
-0.001x |
|
ESGL Holdings Limited Ordinary Shares
NASDAQ:ESGL
|
-0.038x |
|
Pantages Capital Acquisition Corporation.
NASDAQ:PGAC
|
-0.003x |
|
PROFIRE ENERGY DL-001
F:PFR
|
N/A |
|
Nova Vision Acquisition Corp
NASDAQ:NOVV
|
0.205x |
|
Synlait Milk Limited
PINK:SMLKF
|
0.446x |
|
EUROAPI SAS EO 1
F:940
|
N/A |
|
Euroapi SAS
PA:EAPI
|
0.018x |
Annual Cash Flow Conversion Efficiency for Penneo AS (2019–2023)
The table below shows the annual cash flow conversion efficiency of Penneo AS from 2019 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | Dkr94.09 Million | Dkr7.51 Million | 0.080x | +183.82% |
| 2022-12-31 | Dkr105.50 Million | Dkr-10.04 Million | -0.095x | +32.79% |
| 2021-12-31 | Dkr57.04 Million | Dkr-8.08 Million | -0.142x | +6.67% |
| 2020-12-31 | Dkr57.58 Million | Dkr-8.74 Million | -0.152x | -85.64% |
| 2019-12-31 | Dkr11.84 Million | Dkr-967.57K | -0.082x | -- |