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. Check Edda Wind ASA strategic capital allocation to assess the company's strategic physical and investment asset allocation.

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. See what is Edda Wind ASA's book value for net asset value and shareholders' equity analysis.

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
Jiangxi Haiyuan Composites Technology Co Ltd SHE:002529	0.405x
Sky Harbour Group Corporation NYSE:SKYH	0.027x
Shandong Sino-Agri United Biotechnology Co Ltd SHE:003042	-0.034x
Ercros MC:ECR	0.130x
Dirui Industrial Co Ltd SHE:300396	-0.032x
Energy Services Of America Corp NASDAQ:ESOA	0.310x
Sunny Friend Environmental Technology Co Ltd TW:8341	0.075x
Hitron Technologies Inc TW:2419	-0.018x

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

#14881 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