Golden Energy Offshore Services AS (GEOS) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Golden Energy Offshore Services AS (GEOS) has a cash flow conversion efficiency ratio of 0.122x 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 (Nkr46.58 Million ≈ $4.90 Million USD) by net assets (Nkr381.25 Million ≈ $40.12 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Golden Energy Offshore Services AS - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how Golden Energy Offshore Services AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read how much debt does Golden Energy Offshore Services AS carry for a breakdown of total debt and financial obligations.
Golden Energy Offshore Services AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Golden Energy Offshore Services AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
HRS Co. Ltd
KQ:036640
|
0.031x |
|
Sheh Fung Screws Co Ltd
TWO:2065
|
0.021x |
|
Hyundai Industrial Co. Ltd
KQ:170030
|
-0.005x |
|
Fiducial Office Solutions
PA:SACI
|
0.047x |
|
Makmur Berkah Amanda Pt
JK:AMAN
|
-0.061x |
|
NSTS Bancorp Inc
NASDAQ:NSTS
|
0.040x |
|
PW Consolidated Bhd
KLSE:7134
|
0.093x |
|
ADVENICA AB
F:65R
|
0.098x |
Annual Cash Flow Conversion Efficiency for Golden Energy Offshore Services AS (2014–2024)
The table below shows the annual cash flow conversion efficiency of Golden Energy Offshore Services AS from 2014 to 2024. For the full company profile with market capitalisation and key ratios, see GEOS market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr438.25 Million ≈ $46.12 Million |
Nkr260.32 Million ≈ $27.39 Million |
0.594x | +396.77% |
| 2023-12-31 | Nkr529.49 Million ≈ $55.72 Million |
Nkr-105.98 Million ≈ $-11.15 Million |
-0.200x | +79.18% |
| 2022-12-31 | Nkr108.01 Million ≈ $11.37 Million |
Nkr-103.86 Million ≈ $-10.93 Million |
-0.962x | -1376.22% |
| 2021-12-31 | Nkr77.15 Million ≈ $8.12 Million |
Nkr5.81 Million ≈ $611.65K |
0.075x | -73.99% |
| 2020-12-31 | Nkr140.31 Million ≈ $14.76 Million |
Nkr40.65 Million ≈ $4.28 Million |
0.290x | +125.26% |
| 2019-12-31 | Nkr286.11 Million ≈ $30.11 Million |
Nkr36.79 Million ≈ $3.87 Million |
0.129x | +602.23% |
| 2018-12-31 | Nkr269.72 Million ≈ $28.38 Million |
Nkr4.94 Million ≈ $519.77K |
0.018x | -96.77% |
| 2017-12-31 | Nkr73.53 Million ≈ $7.74 Million |
Nkr41.68 Million ≈ $4.39 Million |
0.567x | +2478.50% |
| 2016-12-31 | Nkr71.31 Million ≈ $7.50 Million |
Nkr1.57 Million ≈ $164.95K |
0.022x | -96.28% |
| 2015-12-31 | Nkr34.80 Million ≈ $3.66 Million |
Nkr20.57 Million ≈ $2.16 Million |
0.591x | +1878.46% |
| 2014-12-31 | Nkr152.40 Million ≈ $16.04 Million |
Nkr4.55 Million ≈ $479.20K |
0.030x | -- |
About Golden Energy Offshore Services AS
Golden Energy Offshore Services ASA, together with its subsidiaries, owns and operates supply vessels for the oil and gas, and renewable offshore service industry in the North Sea, the Caribbean, and internationally. The company was incorporated in 2013 and is headquartered in Ålesund, Norway.