Edda Wind ASA
Edda Wind ASA develops, builds, owns, operates, and charters out purpose-built service operation vessels (SOVs) and commissioning service operation vessels (CSOVs) for offshore wind farms and maritime operations worldwide. It owns and operates three purpose-built SOVs; five CSOVs; and has 5 CSOVs offshore wind vessels under construction. The company was founded in 2015 and is headquartered in Hau… Read more
Edda Wind ASA (EWIND) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2025: 0.018x
Based on the latest financial reports, Edda Wind ASA (EWIND) has a cash flow conversion efficiency ratio of 0.018x 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 (Nkr5.92 Million) by net assets (Nkr332.40 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Edda Wind ASA - Cash Flow Conversion Efficiency Trend (2018–2024)
This chart illustrates how Edda Wind ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Edda Wind ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Edda Wind ASA ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Gwo Xi Stem Cell Applied Technology Co. , Ltd
TWO:6704
|
-0.031x |
|
AirBoss of America Corp
OTCQX:ABSSF
|
0.070x |
|
Peak Minerals Ltd
AU:PUA
|
-1.262x |
|
Spigen Korea Co. Ltd
KQ:192440
|
0.019x |
|
Frasers Property (Thailand) Public Company Limited
BK:FPT
|
0.039x |
|
CuongThuan Idico Development Investment Corp
VN:CTI
|
N/A |
|
Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme
AT:MOTO
|
-0.109x |
|
Haisung TPC Co. Ltd.
KQ:059270
|
0.032x |
Annual Cash Flow Conversion Efficiency for Edda Wind ASA (2018–2024)
The table below shows the annual cash flow conversion efficiency of Edda Wind ASA from 2018 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr330.28 Million | Nkr18.80 Million | 0.057x | +223.76% |
| 2023-12-31 | Nkr284.88 Million | Nkr-13.10 Million | -0.046x | -191.56% |
| 2022-12-31 | Nkr183.68 Million | Nkr9.22 Million | 0.050x | +36.85% |
| 2021-12-31 | Nkr184.33 Million | Nkr6.76 Million | 0.037x | -77.51% |
| 2020-12-31 | Nkr63.18 Million | Nkr10.31 Million | 0.163x | -36.68% |
| 2019-12-31 | Nkr34.47 Million | Nkr8.88 Million | 0.258x | +528.93% |
| 2018-12-31 | Nkr29.65 Million | Nkr1.22 Million | 0.041x | -- |