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 how many days can HAV GROUP ASA fund operations to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Experience Co Ltd
AU:EXP
|
0.044x |
|
FFI Holdings Ltd
AU:FFI
|
-0.121x |
|
3I Infrastructure PLC
LSE:3IN
|
-0.006x |
|
JC Chemical Co. Ltd
KQ:137950
|
0.048x |
|
Woowon Development Co. Ltd
KQ:046940
|
0.063x |
|
Hunan Tyen Machinery Co Ltd B
SHG:900946
|
0.007x |
|
Componenta Corp
HE:CTH1V
|
0.115x |
|
Goa Carbon Limited
NSE:GOACARBON
|
-0.158x |
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 market cap.
| 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