Hermana Holding ASA (HERMA) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.043x

Based on the latest financial reports, Hermana Holding ASA (HERMA) has a cash flow conversion efficiency ratio of -0.043x 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-4.80 Million ≈ $-505.10K USD) by net assets (Nkr111.90 Million ≈ $11.78 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Hermana Holding ASA - Cash Flow Conversion Efficiency Trend (2021–2024)

This chart illustrates how Hermana Holding ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read HERMA total debt and obligations for a breakdown of total debt and financial obligations.

Hermana Holding ASA Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Hermana Holding ASA ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Satcom Systems Ltd TA:STCM	0.157x
Natural Health Trend NASDAQ:NHTC	0.008x
Viking Kagit ve Seluloz AS IS:VKING	0.725x
CANADIAN NORTH RESOURCES F:EO0	N/A
Megachem (Thailand) Public Company Limited BK:MGT	0.034x
Fine DNC Co. Ltd KQ:049120	-0.052x
Cleanspace Holdings Ltd AU:CSX	0.133x
SCGM Bhd KLSE:7247	-0.031x

Annual Cash Flow Conversion Efficiency for Hermana Holding ASA (2021–2024)

The table below shows the annual cash flow conversion efficiency of Hermana Holding ASA from 2021 to 2024. For the full company profile with market capitalisation and key ratios, see Hermana Holding ASA market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	Nkr121.50 Million ≈ $12.79 Million	Nkr-8.40 Million ≈ $-883.92K	-0.069x	--
2023-12-31	Nkr0.00 ≈ $0.00	Nkr80.20 Million ≈ $8.44 Million	x	--
2022-12-31	Nkr73.90 Million ≈ $7.78 Million	Nkr9.80 Million ≈ $1.03 Million	0.133x	-99.24%
2021-12-31	Nkr1.70 Million ≈ $178.89K	Nkr29.70 Million ≈ $3.13 Million	17.471x	--

About Hermana Holding ASA

OL:HERMA Norway Asset Management

Market Cap

$24.44 Million

Nkr232.26 Million NOK

Market Cap Rank

#24399 Global

#231 in Norway

Share Price

Nkr16.90

Change (1 day)

+3.05%

52-Week Range

Nkr9.50 - Nkr18.10

All Time High

Nkr22.26