DnB ASA (DNB) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.400x

Based on the latest financial reports, DnB ASA (DNB) has a cash flow conversion efficiency ratio of 0.400x as of March 2026. 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 (Nkr120.48 Billion ≈ $12.68 Billion USD) by net assets (Nkr300.88 Billion ≈ $31.66 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See DnB ASA balance sheet independence to measure how much of total assets are equity-financed.

DnB ASA - Cash Flow Conversion Efficiency Trend (2002–2025)

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

DnB ASA Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
COMPASS GROUP F:XGR	N/A
KBC Groep NV BR:KBC	-0.345x
Shanghai Pudong Development Bank Co Ltd SHG:600000	0.109x
Diageo plc MX:DEON	0.065x
Nu Holdings Ltd. F:M1Z	0.073x
Swedbank AB (publ) ST:SWED-A	0.183x
Hess Corporation NYSE:HES	0.113x
Constellation Software Inc. TO:CSU	0.167x

Annual Cash Flow Conversion Efficiency for DnB ASA (2002–2025)

The table below shows the annual cash flow conversion efficiency of DnB ASA from 2002 to 2025. For the full company profile with market capitalisation and key ratios, see DNB stock market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	Nkr295.15 Billion ≈ $31.06 Billion	Nkr72.59 Billion ≈ $7.64 Billion	0.246x	+144.51%
2024-12-31	Nkr283.11 Billion ≈ $29.79 Billion	Nkr-156.44 Billion ≈ $-16.46 Billion	-0.553x	-246.48%
2023-12-31	Nkr269.30 Billion ≈ $28.34 Billion	Nkr101.59 Billion ≈ $10.69 Billion	0.377x	+169.19%
2022-12-31	Nkr259.10 Billion ≈ $27.26 Billion	Nkr36.31 Billion ≈ $3.82 Billion	0.140x	-17.80%
2021-12-31	Nkr243.91 Billion ≈ $25.67 Billion	Nkr41.59 Billion ≈ $4.38 Billion	0.170x	-49.93%
2020-12-31	Nkr248.40 Billion ≈ $26.14 Billion	Nkr84.57 Billion ≈ $8.90 Billion	0.340x	+175.18%
2019-12-31	Nkr242.26 Billion ≈ $25.49 Billion	Nkr29.97 Billion ≈ $3.15 Billion	0.124x	-10.68%
2018-12-31	Nkr223.97 Billion ≈ $23.57 Billion	Nkr31.02 Billion ≈ $3.26 Billion	0.139x	+221.85%
2017-12-31	Nkr216.90 Billion ≈ $22.82 Billion	Nkr-24.66 Billion ≈ $-2.59 Billion	-0.114x	-110.88%
2016-12-31	Nkr206.10 Billion ≈ $21.69 Billion	Nkr215.37 Billion ≈ $22.66 Billion	1.045x	+560.94%
2015-12-31	Nkr190.08 Billion ≈ $20.00 Billion	Nkr-43.09 Billion ≈ $-4.53 Billion	-0.227x	+75.62%
2014-12-31	Nkr158.72 Billion ≈ $16.70 Billion	Nkr-147.57 Billion ≈ $-15.53 Billion	-0.930x	-36.51%
2013-12-31	Nkr142.23 Billion ≈ $14.97 Billion	Nkr-96.87 Billion ≈ $-10.19 Billion	-0.681x	-447.46%
2012-12-31	Nkr128.04 Billion ≈ $13.47 Billion	Nkr25.10 Billion ≈ $2.64 Billion	0.196x	-80.21%
2011-12-31	Nkr117.81 Billion ≈ $12.40 Billion	Nkr116.69 Billion ≈ $12.28 Billion	0.990x	+559.07%
2010-12-31	Nkr111.20 Billion ≈ $11.70 Billion	Nkr16.71 Billion ≈ $1.76 Billion	0.150x	+124.05%
2009-12-31	Nkr101.40 Billion ≈ $10.67 Billion	Nkr-63.36 Billion ≈ $-6.67 Billion	-0.625x	+39.40%
2008-12-31	Nkr81.28 Billion ≈ $8.55 Billion	Nkr-83.79 Billion ≈ $-8.82 Billion	-1.031x	-61.30%
2007-12-31	Nkr75.98 Billion ≈ $7.99 Billion	Nkr-48.56 Billion ≈ $-5.11 Billion	-0.639x	+43.35%
2006-12-31	Nkr66.41 Billion ≈ $6.99 Billion	Nkr-74.93 Billion ≈ $-7.89 Billion	-1.128x	-66.80%
2005-12-31	Nkr58.35 Billion ≈ $6.14 Billion	Nkr-39.47 Billion ≈ $-4.15 Billion	-0.676x	-155.73%
2004-12-31	Nkr37.74 Billion ≈ $3.97 Billion	Nkr-9.98 Billion ≈ $-1.05 Billion	-0.265x	+2.63%
2003-12-31	Nkr42.12 Billion ≈ $4.43 Billion	Nkr-11.44 Billion ≈ $-1.20 Billion	-0.272x	-114.87%
2002-12-31	Nkr26.12 Billion ≈ $2.75 Billion	Nkr-3.30 Billion ≈ $-347.47 Million	-0.126x	--

About DnB ASA

OL:DNB Norway Banks - Regional

Market Cap

$46.24 Billion

Nkr439.40 Billion NOK

Market Cap Rank

#582 Global

#2 in Norway

Share Price

Nkr305.00

Change (1 day)

+0.36%

52-Week Range

Nkr258.30 - Nkr312.70

All Time High

Nkr312.70