Gofore Oyj
Gofore Oyj provides digital transformation consultancy services for private and public sectors in Finland and internationally. It engages in the management of digital change, service design, and software development and testing; and provision of cloud services utilization consulting and cloud capacity services. The company was incorporated in 2001 and is headquartered in Tampere, Finland.
Gofore Oyj (GOFORE) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.013x
Based on the latest financial reports, Gofore Oyj (GOFORE) has a cash flow conversion efficiency ratio of -0.013x as of September 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 (€-1.37 Million) by net assets (€104.35 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Gofore Oyj - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how Gofore Oyj's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Gofore Oyj Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Gofore Oyj ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
K-FAST HOLDING AB SER.B
F:6D90
|
N/A |
|
Ayes Celik Hasir ve Cit Sanayi AS
IS:AYES
|
-0.018x |
|
Ibervalles SOCIMI S.A.
MC:YIBV
|
N/A |
|
Maithan Alloys Limited
NSE:MAITHANALL
|
0.029x |
|
Imarketkorea
KO:122900
|
0.029x |
|
Polytronics Technology Corp
TW:6224
|
0.010x |
|
BTCS Inc
NASDAQ:BTCS
|
-0.011x |
|
TOM Group Limited
PINK:TOCOF
|
0.017x |
Annual Cash Flow Conversion Efficiency for Gofore Oyj (2014–2024)
The table below shows the annual cash flow conversion efficiency of Gofore Oyj from 2014 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €105.73 Million | €37.09 Million | 0.351x | +71.12% |
| 2023-12-31 | €93.50 Million | €19.17 Million | 0.205x | -24.79% |
| 2022-12-31 | €79.76 Million | €21.74 Million | 0.273x | +17.79% |
| 2021-12-31 | €61.31 Million | €14.19 Million | 0.231x | -6.76% |
| 2020-12-31 | €36.08 Million | €8.96 Million | 0.248x | -26.68% |
| 2019-12-31 | €31.45 Million | €10.65 Million | 0.338x | -4.99% |
| 2018-12-31 | €22.01 Million | €7.84 Million | 0.356x | +922.49% |
| 2017-12-31 | €17.81 Million | €620.54K | 0.035x | -93.30% |
| 2016-12-31 | €4.12 Million | €2.14 Million | 0.520x | -1.86% |
| 2015-12-31 | €2.54 Million | €1.35 Million | 0.530x | -18.93% |
| 2014-12-31 | €1.74 Million | €1.14 Million | 0.653x | -- |