Eidesvik Offshore ASA (EIOF) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.123x

Based on the latest financial reports, Eidesvik Offshore ASA (EIOF) has a cash flow conversion efficiency ratio of 0.123x 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 (Nkr197.79 Million ≈ $20.81 Million USD) by net assets (Nkr1.61 Billion ≈ $169.42 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Eidesvik Offshore ASA - Cash Flow Conversion Efficiency Trend (2002–2024)

This chart illustrates how Eidesvik Offshore ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read how much debt does Eidesvik Offshore ASA carry for a breakdown of total debt and financial obligations.

Eidesvik Offshore ASA Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
Central Proteina Prima Tbk JK:CPRO	0.013x
DYO Boya Fabrikalari Sanayi ve Ticaret AS IS:DYOBY	0.139x
Orient Technologies Limited NSE:ORIENTTECH	N/A
China Glaze Co Ltd TW:1809	0.003x
Century Land Joint Stock Company VN:CRE	-0.007x
Deleum Bhd KLSE:5132	0.209x
Shanghai Prosolar Resources Development Co Ltd SHG:600193	-0.100x
GrafTech International Ltd NYSE:EAF	0.080x

Annual Cash Flow Conversion Efficiency for Eidesvik Offshore ASA (2002–2024)

The table below shows the annual cash flow conversion efficiency of Eidesvik Offshore ASA from 2002 to 2024. For the full company profile with market capitalisation and key ratios, see EIOF company net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	Nkr1.57 Billion ≈ $164.92 Million	Nkr371.73 Million ≈ $39.12 Million	0.237x	+105.21%
2023-12-31	Nkr1.62 Billion ≈ $170.01 Million	Nkr186.73 Million ≈ $19.65 Million	0.116x	-69.00%
2022-12-31	Nkr928.05 Million ≈ $97.66 Million	Nkr346.06 Million ≈ $36.42 Million	0.373x	+173.30%
2021-12-31	Nkr521.10 Million ≈ $54.83 Million	Nkr71.10 Million ≈ $7.48 Million	0.136x	-73.51%
2020-12-31	Nkr480.52 Million ≈ $50.56 Million	Nkr247.49 Million ≈ $26.04 Million	0.515x	+517.85%
2019-12-31	Nkr729.47 Million ≈ $76.76 Million	Nkr60.81 Million ≈ $6.40 Million	0.083x	+863.78%
2018-12-31	Nkr1.42 Billion ≈ $149.93 Million	Nkr-15.55 Million ≈ $-1.64 Million	-0.011x	-106.66%
2017-12-31	Nkr1.54 Billion ≈ $162.26 Million	Nkr252.70 Million ≈ $26.59 Million	0.164x	-31.02%
2016-12-31	Nkr1.46 Billion ≈ $153.32 Million	Nkr346.14 Million ≈ $36.42 Million	0.238x	-25.29%
2015-12-31	Nkr2.04 Billion ≈ $214.86 Million	Nkr649.25 Million ≈ $68.32 Million	0.318x	+26.37%
2014-12-31	Nkr2.13 Billion ≈ $223.65 Million	Nkr534.81 Million ≈ $56.28 Million	0.252x	+24.17%
2013-12-31	Nkr2.35 Billion ≈ $247.11 Million	Nkr475.87 Million ≈ $50.07 Million	0.203x	-7.60%
2012-12-31	Nkr2.20 Billion ≈ $231.65 Million	Nkr482.80 Million ≈ $50.80 Million	0.219x	-13.95%
2011-12-31	Nkr1.93 Billion ≈ $203.40 Million	Nkr492.66 Million ≈ $51.84 Million	0.255x	-26.09%
2010-12-31	Nkr1.85 Billion ≈ $195.06 Million	Nkr639.22 Million ≈ $67.26 Million	0.345x	+63.06%
2009-12-31	Nkr1.90 Billion ≈ $200.09 Million	Nkr402.14 Million ≈ $42.32 Million	0.211x	-56.33%
2008-12-31	Nkr818.84 Million ≈ $86.17 Million	Nkr396.56 Million ≈ $41.73 Million	0.484x	+277122.46%
2007-12-31	Nkr1.48 Billion ≈ $155.60 Million	Nkr258.32K ≈ $27.18K	0.000x	+40.37%
2006-12-31	Nkr1.52 Billion ≈ $160.43 Million	Nkr189.74K ≈ $19.97K	0.000x	-99.94%
2005-12-31	Nkr1.35 Billion ≈ $141.64 Million	Nkr278.26 Million ≈ $29.28 Million	0.207x	-47.15%
2004-12-31	Nkr700.13 Million ≈ $73.67 Million	Nkr273.85 Million ≈ $28.82 Million	0.391x	-11.20%
2003-12-31	Nkr577.43 Million ≈ $60.76 Million	Nkr254.33 Million ≈ $26.76 Million	0.440x	+15.61%
2002-12-31	Nkr662.57 Million ≈ $69.72 Million	Nkr252.44 Million ≈ $26.56 Million	0.381x	--

About Eidesvik Offshore ASA

OL:EIOF Norway Oil & Gas Equipment & Services

Market Cap

$135.17 Million

Nkr1.28 Billion NOK

Market Cap Rank

#18038 Global

#153 in Norway

Share Price

Nkr17.60

Change (1 day)

+1.44%

52-Week Range

Nkr11.50 - Nkr17.60

All Time High

Nkr19.38