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. See AF Gruppen ASA defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

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.

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
ZhongAn Online P & C Insurance Co. Ltd F:1ZO	0.032x
Inari Amertron Bhd KLSE:0166	0.027x
CSSC Steel Structure Engineering Co Ltd SHG:600072	-0.046x
Alsea S.A.B. de C.V MX:ALSEA	0.121x
Schiehallion Fund Ltd LSE:MNTN	-0.005x
CPI Europe AG VI:CPI	0.027x
Eternal Asia Supply Chain Management Ltd SHE:002183	-0.011x
Bavarian Nordic CO:BAVA	0.042x

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

$2.16 Billion

Nkr20.49 Billion NOK

Market Cap Rank

#6066 Global

#41 in Norway

Share Price

Nkr186.20

Change (1 day)

+0.22%

52-Week Range

Nkr149.40 - Nkr191.00

All Time High

Nkr191.00