Havila Kystruten AS (HKY) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.034x

Based on the latest financial reports, Havila Kystruten AS (HKY) has a cash flow conversion efficiency ratio of -0.034x 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 (Nkr41.59 Million ≈ $4.38 Million USD) by net assets (Nkr-1.23 Billion ≈ $-129.69 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 HKY equity financing ratio to measure how much of total assets are equity-financed.

Havila Kystruten AS - Cash Flow Conversion Efficiency Trend (2019–2024)

This chart illustrates how Havila Kystruten AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Havila Kystruten AS cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Havila Kystruten AS Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Havila Kystruten AS ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Active Biotech AB ST:ACTI	-1.600x
Exagen Inc NASDAQ:XGN	-0.722x
TMT Steel Public Company Limited BK:TMT	0.160x
Social Commerce Partners Corporation Class A Ordinary Shares NASDAQ:SCPQ	N/A
Consolidated Finvest & Holdings Limited NSE:CONSOFINVT	-0.002x
Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS IS:ORMA	0.013x
Synchronoss Technologies Inc NASDAQ:SNCR	0.711x
Tomer Energy Royalties 2012 Ltd TA:TOEN	0.025x

Annual Cash Flow Conversion Efficiency for Havila Kystruten AS (2019–2024)

The table below shows the annual cash flow conversion efficiency of Havila Kystruten AS from 2019 to 2024. For the full company profile with market capitalisation and key ratios, see market value of Havila Kystruten AS.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	Nkr-322.40 Million ≈ $-33.93 Million	Nkr262.84 Million ≈ $27.66 Million	-0.815x	-119.48%
2023-12-31	Nkr465.53 Million ≈ $48.99 Million	Nkr-172.92 Million ≈ $-18.20 Million	-0.371x	+34.29%
2022-12-31	Nkr612.95 Million ≈ $64.50 Million	Nkr-346.49 Million ≈ $-36.46 Million	-0.565x	-913.20%
2021-12-31	Nkr995.28 Million ≈ $104.73 Million	Nkr-55.53 Million ≈ $-5.84 Million	-0.056x	+77.61%
2020-12-31	Nkr224.91 Million ≈ $23.67 Million	Nkr-56.04 Million ≈ $-5.90 Million	-0.249x	-19.77%
2019-12-31	Nkr281.08 Million ≈ $29.58 Million	Nkr-58.47 Million ≈ $-6.15 Million	-0.208x	--

About Havila Kystruten AS

OL:HKY Norway Travel Services

Market Cap

$103.59 Million

Nkr984.38 Million NOK

Market Cap Rank

#19088 Global

#171 in Norway

Share Price

Nkr57.50

Change (1 day)

+0.00%

52-Week Range

Nkr1.16 - Nkr63.19

All Time High

Nkr63.19