Andfjord Salmon AS (ANDF) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Andfjord Salmon AS (ANDF) has a cash flow conversion efficiency ratio of -0.012x 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 (Nkr-25.07 Million ≈ $-2.64 Million USD) by net assets (Nkr2.13 Billion ≈ $224.41 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 Andfjord Salmon AS (ANDF) net asset quality to measure how much of total assets are equity-financed.
Andfjord Salmon AS - Cash Flow Conversion Efficiency Trend (2018–2024)
This chart illustrates how Andfjord Salmon AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check ANDF cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Andfjord Salmon AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Andfjord Salmon AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Biofarm Bucure
RO:BIO
|
0.052x |
|
Sword Group S.E
PA:SWP
|
0.402x |
|
Amarin Corporation PLC
NASDAQ:AMRN
|
0.014x |
|
Cohen Circle Acquisition Corp. I Class A Ordinary Shares
NASDAQ:CCIR
|
-0.003x |
|
ZheJiang HuaSheng Technology Co.Ltd
SHG:605180
|
N/A |
|
Jiangsu Xinning Modern Logist
SHE:300013
|
0.206x |
|
Sailfish Royalty Corp
V:FISH
|
0.020x |
|
Zentalis Pharmaceuticals Llc
NASDAQ:ZNTL
|
-0.143x |
Annual Cash Flow Conversion Efficiency for Andfjord Salmon AS (2018–2024)
The table below shows the annual cash flow conversion efficiency of Andfjord Salmon AS from 2018 to 2024. For the full company profile with market capitalisation and key ratios, see Andfjord Salmon AS market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr1.25 Billion ≈ $131.99 Million |
Nkr-69.94 Million ≈ $-7.36 Million |
-0.056x | -90.09% |
| 2023-12-31 | Nkr993.69 Million ≈ $104.56 Million |
Nkr-29.15 Million ≈ $-3.07 Million |
-0.029x | +84.22% |
| 2022-12-31 | Nkr475.70 Million ≈ $50.06 Million |
Nkr-88.44 Million ≈ $-9.31 Million |
-0.186x | -479.87% |
| 2021-12-31 | Nkr323.27 Million ≈ $34.02 Million |
Nkr-10.37 Million ≈ $-1.09 Million |
-0.032x | -83.89% |
| 2020-12-31 | Nkr354.14 Million ≈ $37.27 Million |
Nkr-6.17 Million ≈ $-649.75K |
-0.017x | -24.65% |
| 2019-12-31 | Nkr146.81 Million ≈ $15.45 Million |
Nkr-2.05 Million ≈ $-216.09K |
-0.014x | +98.52% |
| 2018-12-31 | Nkr9.11 Million ≈ $958.53K |
Nkr-8.61 Million ≈ $-905.53K |
-0.945x | -- |
About Andfjord Salmon AS
Andfjord Salmon Group AS engages in the land-based farming of Atlantic salmon in Norway. The company was formerly known as Andfjord Salmon AS and changed its name to Andfjord Salmon Group AS in May 2024. Andfjord Salmon Group AS was incorporated in 2014 and is headquartered in Dverberg, Norway.