Grieg Seafood ASA (GSF) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Grieg Seafood ASA (GSF) has a cash flow conversion efficiency ratio of -0.063x 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 (Nkr-303.99 Million ≈ $-31.99 Million USD) by net assets (Nkr4.83 Billion ≈ $507.98 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 defensive interval ratio of Grieg Seafood ASA to measure how many days the company can operate on defensive assets alone.
Grieg Seafood ASA - Cash Flow Conversion Efficiency Trend (2005–2024)
This chart illustrates how Grieg Seafood ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Grieg Seafood ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Grieg Seafood ASA ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Wuxi Xinan Technology Co. Ltd. A
SHE:301170
|
N/A |
|
Silkroad Visual Technology Co Ltd
SHE:300556
|
0.279x |
|
Boston Omaha Corp
NYSE:BOC
|
0.011x |
|
Third Point Investors Limited
LSE:TPOU
|
-0.004x |
|
Selectirente
PA:SELER
|
0.019x |
|
SuperX AI Technology Limited
NASDAQ:SUPX
|
-0.273x |
|
Ngx Energy International Corp
V:GASX
|
-0.013x |
|
Lihe Technology
SHE:300800
|
-0.005x |
Annual Cash Flow Conversion Efficiency for Grieg Seafood ASA (2005–2024)
The table below shows the annual cash flow conversion efficiency of Grieg Seafood ASA from 2005 to 2024. For the full company profile with market capitalisation and key ratios, see Grieg Seafood ASA market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr3.85 Billion ≈ $405.27 Million |
Nkr450.62 Million ≈ $47.42 Million |
0.117x | +177.90% |
| 2023-12-31 | Nkr6.67 Billion ≈ $701.79 Million |
Nkr280.79 Million ≈ $29.55 Million |
0.042x | -82.52% |
| 2022-12-31 | Nkr6.49 Billion ≈ $682.48 Million |
Nkr1.56 Billion ≈ $164.40 Million |
0.241x | +122.81% |
| 2021-12-31 | Nkr5.56 Billion ≈ $585.42 Million |
Nkr601.48 Million ≈ $63.29 Million |
0.108x | +14.66% |
| 2020-12-31 | Nkr4.37 Billion ≈ $459.95 Million |
Nkr412.16 Million ≈ $43.37 Million |
0.094x | -73.18% |
| 2019-12-31 | Nkr4.14 Billion ≈ $435.74 Million |
Nkr1.46 Billion ≈ $153.21 Million |
0.352x | +66.56% |
| 2018-12-31 | Nkr3.88 Billion ≈ $408.66 Million |
Nkr819.84 Million ≈ $86.27 Million |
0.211x | -0.30% |
| 2017-12-31 | Nkr3.35 Billion ≈ $352.30 Million |
Nkr708.88 Million ≈ $74.59 Million |
0.212x | -28.76% |
| 2016-12-31 | Nkr3.21 Billion ≈ $337.46 Million |
Nkr953.11 Million ≈ $100.29 Million |
0.297x | +79.89% |
| 2015-12-31 | Nkr2.24 Billion ≈ $235.45 Million |
Nkr369.67 Million ≈ $38.90 Million |
0.165x | +133.55% |
| 2014-12-31 | Nkr2.22 Billion ≈ $233.81 Million |
Nkr157.18 Million ≈ $16.54 Million |
0.071x | -55.66% |
| 2013-12-31 | Nkr1.99 Billion ≈ $209.25 Million |
Nkr317.28 Million ≈ $33.39 Million |
0.160x | +19.09% |
| 2012-12-31 | Nkr1.51 Billion ≈ $159.24 Million |
Nkr202.73 Million ≈ $21.33 Million |
0.134x | +5.12% |
| 2011-12-31 | Nkr1.69 Billion ≈ $177.85 Million |
Nkr215.41 Million ≈ $22.67 Million |
0.127x | -57.52% |
| 2010-12-31 | Nkr1.98 Billion ≈ $208.61 Million |
Nkr594.73 Million ≈ $62.58 Million |
0.300x | +513.66% |
| 2009-12-31 | Nkr1.37 Billion ≈ $144.63 Million |
Nkr67.19 Million ≈ $7.07 Million |
0.049x | -41.75% |
| 2008-12-31 | Nkr928.60 Million ≈ $97.72 Million |
Nkr77.93 Million ≈ $8.20 Million |
0.084x | +385.27% |
| 2007-12-31 | Nkr1.27 Billion ≈ $133.23 Million |
Nkr-37.25 Million ≈ $-3.92 Million |
-0.029x | -113.49% |
| 2006-12-31 | Nkr579.25 Million ≈ $60.95 Million |
Nkr126.31 Million ≈ $13.29 Million |
0.218x | +345.00% |
| 2005-12-31 | Nkr185.76 Million ≈ $19.55 Million |
Nkr-16.53 Million ≈ $-1.74 Million |
-0.089x | -- |
About Grieg Seafood ASA
Grieg Seafood ASA, through its subsidiaries, operates as a fish farming company in Norway, the United Kingdom, rest of Europe, the United States, Canada, Asia, and internationally. It engages in the farming, production, and sale of Atlantic salmon. The company was incorporated in 1988 and is based in Bergen, Norway. Grieg Seafood ASA operates as a subsidiary of Grieg Aqua AS.