Dolphin Drilling AS
Dolphin Drilling AS provides drilling services to the offshore oil and gas industry in the United Kingdom, India, Norway, and Nigeria. The company was founded in 1965 and is based in Sandnes, Norway.
Dolphin Drilling AS (DDRIL) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.040x
Based on the latest financial reports, Dolphin Drilling AS (DDRIL) has a cash flow conversion efficiency ratio of -0.040x 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-1.00 Million) by net assets (Nkr25.30 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Dolphin Drilling AS - Cash Flow Conversion Efficiency Trend (2002–2024)
This chart illustrates how Dolphin Drilling 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.
Dolphin Drilling AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Dolphin Drilling AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Saksoft Limited
NSE:SAKSOFT
|
0.099x |
|
Drone Volt SA
PA:ALDRV
|
-0.254x |
|
Progress-Werk Oberkirch AG
XETRA:PWO
|
0.024x |
|
BBGI PCL
BK:BBGI
|
0.027x |
|
Tan Binh Import Export JSC
VN:TIX
|
N/A |
|
Falcon Energy Materials plc
V:FLCN
|
-0.255x |
|
NEOWIZ HOLDINGS Corporation
KQ:042420
|
0.056x |
|
Wiener Privatbank SE
VI:WPB
|
-0.422x |
Annual Cash Flow Conversion Efficiency for Dolphin Drilling AS (2002–2024)
The table below shows the annual cash flow conversion efficiency of Dolphin Drilling AS from 2002 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr82.80 Million | Nkr-24.43 Million | -0.295x | +55.41% |
| 2023-12-31 | Nkr109.37 Million | Nkr-72.35 Million | -0.662x | -206.34% |
| 2022-12-31 | Nkr84.42 Million | Nkr-18.23 Million | -0.216x | +76.73% |
| 2021-12-31 | Nkr18.70 Million | Nkr-17.36 Million | -0.928x | +45.48% |
| 2018-12-31 | Nkr68.61 Million | Nkr-116.77 Million | -1.702x | -702.02% |
| 2017-12-31 | Nkr593.31 Million | Nkr167.73 Million | 0.283x | -38.66% |
| 2016-12-31 | Nkr853.24 Million | Nkr393.24 Million | 0.461x | -23.32% |
| 2015-12-31 | Nkr965.53 Million | Nkr580.29 Million | 0.601x | +99.11% |
| 2014-12-31 | Nkr1.31 Billion | Nkr394.79 Million | 0.302x | -10.46% |
| 2013-12-31 | Nkr1.44 Billion | Nkr484.53 Million | 0.337x | -25.67% |
| 2012-12-31 | Nkr1.41 Billion | Nkr641.38 Million | 0.454x | +16.70% |
| 2011-12-31 | Nkr1.34 Billion | Nkr520.07 Million | 0.389x | -15.32% |
| 2010-12-31 | Nkr1.18 Billion | Nkr541.66 Million | 0.459x | -33.74% |
| 2009-12-31 | Nkr980.10 Million | Nkr678.76 Million | 0.693x | +106.34% |
| 2008-12-31 | Nkr793.43 Million | Nkr266.30 Million | 0.336x | -14.46% |
| 2007-12-31 | Nkr751.22 Million | Nkr294.76 Million | 0.392x | +24.82% |
| 2006-12-31 | Nkr632.50 Million | Nkr198.82 Million | 0.314x | +151.13% |
| 2005-12-31 | Nkr437.55 Million | Nkr54.77 Million | 0.125x | +668.73% |
| 2004-12-31 | Nkr812.46 Million | Nkr13.23 Million | 0.016x | -77.71% |
| 2003-12-31 | Nkr746.68 Million | Nkr54.54 Million | 0.073x | -7.60% |
| 2002-12-31 | Nkr765.21 Million | Nkr60.49 Million | 0.079x | -- |