Airthings ASA (AIRX) - Cash Flow Conversion Efficiency

Latest as of June 2025: -0.177x

Based on the latest financial reports, Airthings ASA (AIRX) has a cash flow conversion efficiency ratio of -0.177x as of June 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 (Nkr-3.82 Million ≈ $-401.87K USD) by net assets (Nkr21.56 Million ≈ $2.27 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 Airthings ASA balance sheet quality to measure how much of total assets are equity-financed.

Airthings ASA - Cash Flow Conversion Efficiency Trend (2017–2024)

This chart illustrates how Airthings ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of Airthings ASA to evaluate the quality of earnings relative to operating cash generation.

Airthings ASA Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
S F Capital Bhd KLSE:8745	-0.255x
Natural Health Trends Corp F:NAH	-0.048x
N2Tech Co. Ltd KQ:227950	0.012x
Antec Inc TWO:6276	-0.061x
Arcoma AB ST:ARCOMA	-0.004x
Ta Win Holdings Bhd KLSE:7097	-0.034x
ICH Co Ltd KQ:368600	-0.014x
Pintec Technology Holdings Ltd NASDAQ:PT	4.634x

Annual Cash Flow Conversion Efficiency for Airthings ASA (2017–2024)

The table below shows the annual cash flow conversion efficiency of Airthings ASA from 2017 to 2024. For the full company profile with market capitalisation and key ratios, see market value of Airthings ASA.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	Nkr28.44 Million ≈ $2.99 Million	Nkr-1.96 Million ≈ $-206.35K	-0.069x	+66.95%
2023-12-31	Nkr50.26 Million ≈ $5.29 Million	Nkr-10.49 Million ≈ $-1.10 Million	-0.209x	+52.07%
2022-12-31	Nkr50.93 Million ≈ $5.36 Million	Nkr-22.17 Million ≈ $-2.33 Million	-0.435x	-85.98%
2021-12-31	Nkr67.84 Million ≈ $7.14 Million	Nkr-15.88 Million ≈ $-1.67 Million	-0.234x	-167.59%
2020-12-31	Nkr659.83 Million ≈ $69.43 Million	Nkr-57.72 Million ≈ $-6.07 Million	-0.087x	+75.10%
2019-12-31	Nkr97.51 Million ≈ $10.26 Million	Nkr-34.25 Million ≈ $-3.60 Million	-0.351x	+1.68%
2018-12-31	Nkr49.25 Million ≈ $5.18 Million	Nkr-17.59 Million ≈ $-1.85 Million	-0.357x	-908.95%
2017-12-31	Nkr49.48 Million ≈ $5.21 Million	Nkr-1.75 Million ≈ $-184.36K	-0.035x	--

About Airthings ASA

OL:AIRX Norway Electrical Equipment & Parts

Market Cap

$13.83 Million

Nkr131.41 Million NOK

Market Cap Rank

#26183 Global

#239 in Norway

Share Price

Nkr0.13

Change (1 day)

+3.54%

52-Week Range

Nkr0.10 - Nkr0.76

All Time High

Nkr15.00