Edda Wind ASA (EWIND) - Cash Flow Conversion Efficiency

Latest 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 ≈ $622.95K USD) by net assets (Nkr332.40 Million ≈ $34.98 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 Edda Wind ASA balance sheet independence to measure how much of total assets are equity-financed.

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. Check Edda Wind ASA (EWIND) cash flow quality to evaluate the quality of earnings relative to operating cash generation.

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
FM Mattsson Mora Group AB (publ) ST:FMM-B	0.007x
Lihe Technology SHE:300800	-0.005x
STIF Société anonyme PA:ALSTI	-0.068x
Qingdao Richen Food Co Ltd SHG:603755	0.033x
Dredging Corporation of India Limited NSE:DREDGECORP	0.151x
Hong Tai Electric Industrial Co Ltd TW:1612	-0.053x
Drugs Made In America Acquisition Corp. Units NASDAQ:DMAAU	-0.001x
Avalue Technology TWO:3479	0.001x

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. For the full company profile with market capitalisation and key ratios, see EWIND company net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	Nkr330.28 Million ≈ $34.75 Million	Nkr18.80 Million ≈ $1.98 Million	0.057x	+223.76%
2023-12-31	Nkr284.88 Million ≈ $29.98 Million	Nkr-13.10 Million ≈ $-1.38 Million	-0.046x	-191.56%
2022-12-31	Nkr183.68 Million ≈ $19.33 Million	Nkr9.22 Million ≈ $970.74K	0.050x	+36.85%
2021-12-31	Nkr184.33 Million ≈ $19.40 Million	Nkr6.76 Million ≈ $711.87K	0.037x	-77.51%
2020-12-31	Nkr63.18 Million ≈ $6.65 Million	Nkr10.31 Million ≈ $1.09 Million	0.163x	-36.68%
2019-12-31	Nkr34.47 Million ≈ $3.63 Million	Nkr8.88 Million ≈ $934.85K	0.258x	+528.93%
2018-12-31	Nkr29.65 Million ≈ $3.12 Million	Nkr1.22 Million ≈ $127.85K	0.041x	--

About Edda Wind ASA

OL:EWIND Norway Oil & Gas Equipment & Services

Market Cap

$308.89 Million

Nkr2.94 Billion NOK

Market Cap Rank

#14473 Global

#115 in Norway

Share Price

Nkr22.70

Change (1 day)

+0.00%

52-Week Range

Nkr22.70 - Nkr22.70

All Time High

Nkr35.50