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. Also see AIRX company net worth for the company's overall valuation and market capitalisation.

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.

Airthings ASA Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Airthings ASA ranked by their cash flow conversion efficiency. Explore earnings quality score of Airthings ASA to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Malaysian Genomics Resource KLSE:0155	0.053x
Frigo-Pak Gida Maddeleri Sanayi ve Ticaret AS IS:FRIGO	0.179x
PIMS Inc. KQ:347770	0.011x
Acrinova AB ST:ACRI-A	0.092x
Magnum Ventures Limited NSE:MAGNUM	0.008x
Pintec Technology Holdings Ltd NASDAQ:PT	4.634x
ADTIGER CORP.LTD.DL-0005 F:55U	N/A
Arandu Investimentos S.A. SA:ARND3	-0.317x

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. View today's stock price for Airthings ASA for real-time trading data and today's change.

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

#26307 Global

#239 in Norway

Share Price

Nkr0.13

Change (1 day)

+3.54%

52-Week Range

Nkr0.10 - Nkr0.26

All Time High

Nkr15.00