Ice Fish Farm AS
Ice Fish Farm AS engages in the salmon farming business in Iceland. It also operates smolt stations. The company was incorporated in 2020 and is headquartered in Seltjarnarnes, Iceland. Ice Fish Farm AS is a subsidiary of Måsøval Eiendom AS.
Ice Fish Farm AS (IFISH) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.067x
Based on the latest financial reports, Ice Fish Farm AS (IFISH) has a cash flow conversion efficiency ratio of -0.067x 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-19.40 Million) by net assets (Nkr289.32 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Ice Fish Farm AS - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Ice Fish Farm AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Ice Fish Farm AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ice Fish Farm AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
AGATOS S.P.A.
F:5JS1
|
N/A |
|
One World Lithium Inc
OTCQB:OWRDF
|
0.056x |
|
Polyram Plastic Industries Ltd
TA:POLP
|
0.072x |
|
COFLE S.P.A.
F:Y9A
|
N/A |
|
Flying Nickel Mining Corp
OTCQB:FLYNF
|
0.009x |
|
Vizsla Copper Corp
PINK:VCUFF
|
-0.037x |
|
River City Bank
PINK:RCBC
|
0.034x |
|
GANGLONG CHINA PR.GR.LTD
F:52J
|
N/A |
Annual Cash Flow Conversion Efficiency for Ice Fish Farm AS (2017–2024)
The table below shows the annual cash flow conversion efficiency of Ice Fish Farm AS from 2017 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr270.46 Million | Nkr-14.84 Million | -0.055x | -336.37% |
| 2023-12-31 | Nkr3.36 Billion | Nkr-42.31 Million | -0.013x | -750.57% |
| 2022-12-31 | Nkr2.28 Billion | Nkr4.41 Million | 0.002x | +66.10% |
| 2021-12-31 | Nkr1.12 Billion | Nkr1.30 Million | 0.001x | +107.72% |
| 2020-12-31 | Nkr1.07 Billion | Nkr-16.12 Million | -0.015x | -111.16% |
| 2019-12-31 | Nkr222.74 Million | Nkr30.09 Million | 0.135x | +301.55% |
| 2018-12-31 | Nkr718.43 Million | Nkr-48.15 Million | -0.067x | +80.08% |
| 2017-12-31 | Nkr150.13 Million | Nkr-50.51 Million | -0.336x | -- |