Biofish Holding AS
Biofish Holding AS produces and sells smolt for the salmon farming industry. The company was founded in 2016 and is based in Tørvikbygd, Norway.
Biofish Holding AS (BFISH) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2025: 0.061x
Based on the latest financial reports, Biofish Holding AS (BFISH) has a cash flow conversion efficiency ratio of 0.061x as of March 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 (Nkr11.88 Million) by net assets (Nkr193.69 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Biofish Holding AS - Cash Flow Conversion Efficiency Trend (2018–2024)
This chart illustrates how Biofish Holding AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Biofish Holding AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Biofish Holding AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Iconovo
ST:ICO
|
-0.067x |
|
Kanger International Bhd
KLSE:0170
|
-0.041x |
|
Rubicon Technology Inc
PINK:RBCN
|
0.757x |
|
Tira Austenite Tbk
JK:TIRA
|
0.003x |
|
Mountain Valley MD Holdings Inc
OTCQB:MVMDF
|
-0.396x |
|
IBC Advanced Alloys Corp
OTCQB:IAALF
|
-0.198x |
|
Melewar Industrial Group Bhd
KLSE:3778
|
0.025x |
|
GT Resources Inc.
OTCQB:CGTRF
|
-0.051x |
Annual Cash Flow Conversion Efficiency for Biofish Holding AS (2018–2024)
The table below shows the annual cash flow conversion efficiency of Biofish Holding AS from 2018 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr188.21 Million | Nkr-17.49 Million | -0.093x | +4.28% |
| 2023-12-31 | Nkr194.63 Million | Nkr-18.89 Million | -0.097x | -815.44% |
| 2022-12-31 | Nkr143.47 Million | Nkr1.95 Million | 0.014x | +102.97% |
| 2021-12-31 | Nkr158.36 Million | Nkr-72.38 Million | -0.457x | -171.92% |
| 2020-12-31 | Nkr20.97 Million | Nkr13.32 Million | 0.636x | -67.89% |
| 2019-12-31 | Nkr14.15 Million | Nkr28.01 Million | 1.979x | +26.49% |
| 2018-12-31 | Nkr11.92 Million | Nkr18.65 Million | 1.565x | -- |