Eidesvik Offshore ASA (EIOF) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Eidesvik Offshore ASA (EIOF) has a cash flow conversion efficiency ratio of 0.186x as of December 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 (Nkr300.26 Million ≈ $31.60 Million USD) by net assets (Nkr1.61 Billion ≈ $169.77 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 Eidesvik Offshore ASA (EIOF) defensive interval to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
RheinLand Holding AG
DU:RLV
|
N/A |
|
Innate Pharma
PA:IPH
|
0.995x |
|
K2 Gold Corporation
V:KTO
|
-0.009x |
|
John Hancock Investors Closed Fund
NYSE:JHI
|
0.068x |
|
Hyperfine Inc
NASDAQ:HYPR
|
-0.127x |
|
Distribuidora de Gas Cuyana SA
BA:DGCU2
|
0.138x |
|
TCM Group
CO:TCM
|
0.022x |
|
Asia Pacific Satellite Inc
KQ:211270
|
0.011x |
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
Eidesvik Offshore ASA provides services to the offshore supply, subsea, and offshore wind market in Norway. It operates through Supply, Subsea/Offshore Renewables, and Other segments. The company offers services to the offshore oil industry. It also provides shipping services for subsea work for the oil industry, as well as various services for the offshore renewable market. In addition, the comp… Read more