Goodtech (GOD) - Cash Flow Conversion Efficiency

Latest as of March 2026: -0.059x

Based on the latest financial reports, Goodtech (GOD) has a cash flow conversion efficiency ratio of -0.059x as of March 2026. 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 (Nkr-17.20 Million ≈ $-1.81 Million USD) by net assets (Nkr293.80 Million ≈ $30.92 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 Goodtech (GOD) defensive interval to measure how many days the company can operate on defensive assets alone.

Goodtech - Cash Flow Conversion Efficiency Trend (2005–2025)

This chart illustrates how Goodtech's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Goodtech Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Goodtech ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Openbase Inc KQ:049480	0.018x
HPQ SILICON INC. F:O08	-0.051x
Mad Paws Holdings Ltd AU:MPA	0.133x
Greattown Holdings Ltd B SHG:900940	0.034x
Wiable Corp KQ:065530	0.039x
Pembangunan Jaya Ancol Tbk JK:PJAA	0.107x
Scan-D TWO:6195	0.192x
SINCLAIRS HOTELS ORD (BSE) NSE:SINCLAIR	N/A

Annual Cash Flow Conversion Efficiency for Goodtech (2005–2025)

The table below shows the annual cash flow conversion efficiency of Goodtech from 2005 to 2025. For the full company profile with market capitalisation and key ratios, see GOD market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	Nkr277.00 Million ≈ $29.15 Million	Nkr83.10 Million ≈ $8.74 Million	0.300x	+816.73%
2024-12-31	Nkr262.80 Million ≈ $27.65 Million	Nkr-11.00 Million ≈ $-1.16 Million	-0.042x	-114.51%
2023-12-31	Nkr280.40 Million ≈ $29.51 Million	Nkr80.90 Million ≈ $8.51 Million	0.289x	+144.71%
2022-12-31	Nkr258.90 Million ≈ $27.24 Million	Nkr30.52 Million ≈ $3.21 Million	0.118x	+1472.04%
2021-12-31	Nkr261.74 Million ≈ $27.54 Million	Nkr1.96 Million ≈ $206.56K	0.007x	-81.49%
2020-12-31	Nkr276.25 Million ≈ $29.07 Million	Nkr11.19 Million ≈ $1.18 Million	0.041x	-47.18%
2019-12-31	Nkr229.86 Million ≈ $24.19 Million	Nkr17.63 Million ≈ $1.86 Million	0.077x	+522.81%
2018-12-31	Nkr233.29 Million ≈ $24.55 Million	Nkr-4.23 Million ≈ $-445.33K	-0.018x	-1159.33%
2017-12-31	Nkr297.82 Million ≈ $31.34 Million	Nkr-429.00K ≈ $-45.14K	-0.001x	+82.81%
2016-12-31	Nkr308.63 Million ≈ $32.48 Million	Nkr-2.59 Million ≈ $-272.12K	-0.008x	-163.73%
2015-12-31	Nkr341.75 Million ≈ $35.96 Million	Nkr4.49 Million ≈ $472.79K	0.013x	-84.94%
2014-12-31	Nkr686.52 Million ≈ $72.24 Million	Nkr59.94 Million ≈ $6.31 Million	0.087x	+824.90%
2013-12-31	Nkr725.19 Million ≈ $76.31 Million	Nkr-8.73 Million ≈ $-919.07K	-0.012x	-107.17%
2012-12-31	Nkr687.82 Million ≈ $72.38 Million	Nkr115.59 Million ≈ $12.16 Million	0.168x	+217.54%
2011-12-31	Nkr666.98 Million ≈ $70.19 Million	Nkr-95.37 Million ≈ $-10.04 Million	-0.143x	-227.18%
2010-12-31	Nkr650.59 Million ≈ $68.46 Million	Nkr73.14 Million ≈ $7.70 Million	0.112x	+79.61%
2009-12-31	Nkr373.31 Million ≈ $39.28 Million	Nkr23.37 Million ≈ $2.46 Million	0.063x	-23.55%
2008-12-31	Nkr345.80 Million ≈ $36.39 Million	Nkr28.31 Million ≈ $2.98 Million	0.082x	+106556.18%
2007-12-31	Nkr294.60 Million ≈ $31.00 Million	Nkr22.62K ≈ $2.38K	0.000x	+191.83%
2006-12-31	Nkr144.02 Million ≈ $15.16 Million	Nkr-12.04K ≈ $-1.27K	0.000x	-19.12%
2005-12-31	Nkr115.97 Million ≈ $12.20 Million	Nkr-8.14K ≈ $-856.46	0.000x	--

About Goodtech

OL:GOD Norway Engineering & Construction

Market Cap

$43.51 Million

Nkr413.50 Million NOK

Market Cap Rank

#22473 Global

#203 in Norway

Share Price

Nkr13.85

Change (1 day)

+2.97%

52-Week Range

Nkr8.42 - Nkr13.85

All Time High

Nkr15.50