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) net asset quality to measure how much of total assets are equity-financed.

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. Check Goodtech cash earnings quality to evaluate the quality of earnings relative to operating cash generation.

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
HBR Realty Empreendimentos Imobiliários S.A SA:HBRE3	0.065x
Genesem Inc KQ:217190	-0.007x
Yuhan Corp Preferred KO:000105	0.016x
InkTec Co. Ltd KQ:049550	0.033x
Kristal Kola ve Mesrubat Sanayi Ticaret AS IS:KRSTL	0.061x
Aldoro Resources Ltd AU:ARN	-0.048x
CarParts.Com Inc NASDAQ:PRTS	-0.100x
Arena Bilgisayar Sanayi ve Ticaret AS IS:ARENA	0.621x

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 Goodtech market cap and net worth.

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

$45.24 Million

Nkr429.92 Million NOK

Market Cap Rank

#22276 Global

#202 in Norway

Share Price

Nkr14.40

Change (1 day)

-1.71%

52-Week Range

Nkr8.42 - Nkr14.80

All Time High

Nkr15.50