AF Gruppen ASA (AFG) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.275x

Based on the latest financial reports, AF Gruppen ASA (AFG) has a cash flow conversion efficiency ratio of 0.275x 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 (Nkr1.00 Billion ≈ $105.23 Million USD) by net assets (Nkr3.63 Billion ≈ $382.30 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

AF Gruppen ASA - Cash Flow Conversion Efficiency Trend (2001–2024)

This chart illustrates how AF Gruppen ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read AF Gruppen ASA balance sheet liabilities for a breakdown of total debt and financial obligations.

AF Gruppen ASA Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of AF Gruppen ASA ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
SF Diamond SHE:300179	-0.024x
Guangdong No2 Hydropower Engineering Co Ltd SHE:002060	0.053x
Bestway Marine & Energy Technology Co Ltd SHE:300008	-0.039x
Shanghai Highly Group Co Ltd A SHG:600619	0.019x
Extendicare Inc TO:EXE	0.082x
Maxvision Technology Corp SHE:002990	0.032x
MLS Co Ltd SHE:002745	0.010x
Allied Machinery Co. Ltd. SHG:605060	N/A

Annual Cash Flow Conversion Efficiency for AF Gruppen ASA (2001–2024)

The table below shows the annual cash flow conversion efficiency of AF Gruppen ASA from 2001 to 2024. For the full company profile with market capitalisation and key ratios, see AF Gruppen ASA (AFG) market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	Nkr3.49 Billion ≈ $367.14 Million	Nkr2.22 Billion ≈ $233.29 Million	0.635x	+208.84%
2023-12-31	Nkr3.20 Billion ≈ $337.05 Million	Nkr659.00 Million ≈ $69.35 Million	0.206x	-50.78%
2022-12-31	Nkr3.49 Billion ≈ $367.56 Million	Nkr1.46 Billion ≈ $153.63 Million	0.418x	+5.51%
2021-12-31	Nkr3.57 Billion ≈ $375.88 Million	Nkr1.42 Billion ≈ $148.90 Million	0.396x	+16.38%
2020-12-31	Nkr3.49 Billion ≈ $367.56 Million	Nkr1.19 Billion ≈ $125.12 Million	0.340x	-32.30%
2019-12-31	Nkr3.00 Billion ≈ $315.58 Million	Nkr1.51 Billion ≈ $158.69 Million	0.503x	+26.99%
2018-12-31	Nkr2.12 Billion ≈ $223.51 Million	Nkr841.00 Million ≈ $88.50 Million	0.396x	-39.26%
2017-12-31	Nkr2.08 Billion ≈ $218.56 Million	Nkr1.35 Billion ≈ $142.48 Million	0.652x	+54.65%
2016-12-31	Nkr1.95 Billion ≈ $205.20 Million	Nkr822.00 Million ≈ $86.50 Million	0.422x	-45.90%
2015-12-31	Nkr1.82 Billion ≈ $191.52 Million	Nkr1.42 Billion ≈ $149.21 Million	0.779x	+1258.93%
2014-12-31	Nkr1.50 Billion ≈ $157.84 Million	Nkr86.00 Million ≈ $9.05 Million	0.057x	-92.46%
2013-12-31	Nkr1.33 Billion ≈ $140.38 Million	Nkr1.01 Billion ≈ $106.81 Million	0.761x	+380.18%
2012-12-31	Nkr1.22 Billion ≈ $128.17 Million	Nkr193.00 Million ≈ $20.31 Million	0.158x	-65.87%
2011-12-31	Nkr1.33 Billion ≈ $140.06 Million	Nkr618.00 Million ≈ $65.03 Million	0.464x	+72.87%
2010-12-31	Nkr968.00 Million ≈ $101.86 Million	Nkr260.00 Million ≈ $27.36 Million	0.269x	-73.90%
2009-12-31	Nkr914.82 Million ≈ $96.27 Million	Nkr941.31 Million ≈ $99.05 Million	1.029x	+95.01%
2008-12-31	Nkr740.85 Million ≈ $77.96 Million	Nkr390.89 Million ≈ $41.13 Million	0.528x	-9.59%
2007-12-31	Nkr569.98 Million ≈ $59.98 Million	Nkr332.66 Million ≈ $35.00 Million	0.584x	+267.54%
2006-12-31	Nkr534.12 Million ≈ $56.21 Million	Nkr84.81 Million ≈ $8.92 Million	0.159x	+299.77%
2005-12-31	Nkr432.69 Million ≈ $45.53 Million	Nkr-34.39 Million ≈ $-3.62 Million	-0.079x	-112.40%
2004-12-31	Nkr327.30 Million ≈ $34.44 Million	Nkr209.81 Million ≈ $22.08 Million	0.641x	+27.86%
2003-12-31	Nkr322.36 Million ≈ $33.92 Million	Nkr161.62 Million ≈ $17.01 Million	0.501x	+41.85%
2002-12-31	Nkr325.55 Million ≈ $34.26 Million	Nkr115.06 Million ≈ $12.11 Million	0.353x	+30.39%
2001-12-31	Nkr293.12 Million ≈ $30.85 Million	Nkr79.45 Million ≈ $8.36 Million	0.271x	--

About AF Gruppen ASA

OL:AFG Norway Engineering & Construction

Market Cap

$2.06 Billion

Nkr19.61 Billion NOK

Market Cap Rank

#6135 Global

#42 in Norway

Share Price

Nkr178.20

Change (1 day)

+1.37%

52-Week Range

Nkr145.00 - Nkr191.00

All Time High

Nkr191.00