Ice Fish Farm AS (IFISH) - Cash Flow Conversion Efficiency

Latest 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 ≈ $-2.04 Million USD) by net assets (Nkr289.32 Million ≈ $30.45 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see IFISH market cap overview for the company's overall valuation and market capitalisation.

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.

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. Explore IFISH cash flow quality index to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Kaulin Mfg TW:1531	0.024x
Deneb Investments Ltd JSE:DNB	0.147x
Endurance Gold Corp V:EDG	-0.010x
Allcargo Terminals Ltd NSE:ATL	0.169x
Champions Oncology Inc NASDAQ:CSBR	-0.306x
Tsann Kuen Enterprise Co Ltd TW:2430	0.135x
Metro Systems Corporation Public Company Limited BK:MSC	0.239x
Chang Ho Fibre Corp TW:1468	0.022x

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. View IFISH share price today for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	Nkr270.46 Million ≈ $28.46 Million	Nkr-14.84 Million ≈ $-1.56 Million	-0.055x	-336.37%
2023-12-31	Nkr3.36 Billion ≈ $354.03 Million	Nkr-42.31 Million ≈ $-4.45 Million	-0.013x	-750.57%
2022-12-31	Nkr2.28 Billion ≈ $240.07 Million	Nkr4.41 Million ≈ $464.06K	0.002x	+66.10%
2021-12-31	Nkr1.12 Billion ≈ $118.00 Million	Nkr1.30 Million ≈ $137.32K	0.001x	+107.72%
2020-12-31	Nkr1.07 Billion ≈ $112.51 Million	Nkr-16.12 Million ≈ $-1.70 Million	-0.015x	-111.16%
2019-12-31	Nkr222.74 Million ≈ $23.44 Million	Nkr30.09 Million ≈ $3.17 Million	0.135x	+301.55%
2018-12-31	Nkr718.43 Million ≈ $75.60 Million	Nkr-48.15 Million ≈ $-5.07 Million	-0.067x	+80.08%
2017-12-31	Nkr150.13 Million ≈ $15.80 Million	Nkr-50.51 Million ≈ $-5.32 Million	-0.336x	--

About Ice Fish Farm AS

OL:IFISH Norway Farm Products

Market Cap

$66.26 Million

Nkr629.64 Million NOK

Market Cap Rank

#20890 Global

#189 in Norway

Share Price

Nkr5.15

Change (1 day)

+9.57%

52-Week Range

Nkr3.30 - Nkr13.00

All Time High

Nkr48.90