HAV GROUP ASA (6HH) - Cash Flow Conversion Efficiency
Based on the latest financial reports, HAV GROUP ASA (6HH) has a cash flow conversion efficiency ratio of -0.745x 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 (€-68.11 Million ≈ $-79.63 Million USD) by net assets (€91.39 Million ≈ $106.85 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 HAV GROUP ASA (6HH) net asset quality to measure how much of total assets are equity-financed.
HAV GROUP ASA - Cash Flow Conversion Efficiency Trend (2021–2025)
This chart illustrates how HAV GROUP ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check HAV GROUP ASA (6HH) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
HAV GROUP ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of HAV GROUP ASA ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
BIT Computer Co. Ltd
KQ:032850
|
0.031x |
|
Dunia Virtual Online Tbk Pt
JK:AREA
|
0.063x |
|
Alpha Holdings Inc
KQ:117670
|
-0.065x |
|
Next Bt Co. Ltd
KQ:065170
|
-0.031x |
|
COLUMBUS ENERGY S.A. ZY 7
F:0Q8
|
0.387x |
|
Daekyo
KO:019680
|
0.035x |
|
Paragon Union Bhd
KLSE:9407
|
0.061x |
|
Manomay Tex India Limited
NSE:MANOMAY
|
-0.109x |
Annual Cash Flow Conversion Efficiency for HAV GROUP ASA (2021–2025)
The table below shows the annual cash flow conversion efficiency of HAV GROUP ASA from 2021 to 2025. For the full company profile with market capitalisation and key ratios, see 6HH stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | €91.39 Million ≈ $106.85 Million |
€-30.11 Million ≈ $-35.21 Million |
-0.330x | -128.49% |
| 2024-12-31 | €86.50 Million ≈ $101.12 Million |
€100.05 Million ≈ $116.96 Million |
1.157x | +2049.19% |
| 2023-12-31 | €91.17 Million ≈ $106.59 Million |
€-5.41 Million ≈ $-6.32 Million |
-0.059x | +90.73% |
| 2022-12-31 | €112.54 Million ≈ $131.57 Million |
€-72.06 Million ≈ $-84.25 Million |
-0.640x | -135.54% |
| 2021-12-31 | €152.48 Million ≈ $178.26 Million |
€274.75 Million ≈ $321.21 Million |
1.802x | -- |
About HAV GROUP ASA
HAV Group ASA, through its subsidiaries, provides technology and services for maritime and marine industries worldwide. It operates through HAV Design, Norwegian Electric Systems, Norwegian Greentech, and HAV Hydrogen segments. The company engages in development, sale, and delivery of ship design, project engineering, and system packages for offshore, transport, and fishing vessels; and delivers … Read more