Magnora ASA
Magnora ASA operates as a renewable energy development company in Norway, Sweden, South Africa and the United Kingdom. The company focuses on developing wind, solar photovoltaic (PV), and battery storage projects. It serves renewable energy operators, investment and oil companies, and global marine contractors. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA… Read more
Magnora ASA (MGN) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2025: -0.110x
Based on the latest financial reports, Magnora ASA (MGN) has a cash flow conversion efficiency ratio of -0.110x as of June 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-43.90 Million) by net assets (Nkr398.00 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Magnora ASA - Cash Flow Conversion Efficiency Trend (2002–2024)
This chart illustrates how Magnora ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Magnora ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Magnora ASA ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Enviro Infra Engineers Ltd
NSE:EIEL
|
-0.092x |
|
Gujarat Alkalies and Chemicals Limited
NSE:GUJALKALI
|
0.054x |
|
LBS Bina Group Bhd
KLSE:5789
|
0.067x |
|
Tarczynski S.A.
WAR:TAR
|
0.150x |
|
EROAD Limited
PINK:ERDLF
|
0.138x |
|
Creades AB Series A
LSE:0QI9
|
0.012x |
|
Singer Thailand Public Company Limited
BK:SINGER-R
|
0.006x |
|
Steel Strips Wheels Limited
NSE:SSWL
|
0.058x |
Annual Cash Flow Conversion Efficiency for Magnora ASA (2002–2024)
The table below shows the annual cash flow conversion efficiency of Magnora ASA from 2002 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr402.20 Million | Nkr-104.90 Million | -0.261x | -4901.61% |
| 2023-12-31 | Nkr552.30 Million | Nkr3.00 Million | 0.005x | +103.46% |
| 2022-12-31 | Nkr431.80 Million | Nkr-67.70 Million | -0.157x | -13.65% |
| 2021-12-31 | Nkr171.80 Million | Nkr-23.70 Million | -0.138x | -154.49% |
| 2020-12-31 | Nkr118.10 Million | Nkr29.90 Million | 0.253x | +4.84% |
| 2019-12-31 | Nkr105.60 Million | Nkr25.50 Million | 0.241x | +53.96% |
| 2018-12-31 | Nkr135.80 Million | Nkr21.30 Million | 0.157x | +306.48% |
| 2017-12-31 | Nkr184.00 Million | Nkr7.10 Million | 0.039x | +107.75% |
| 2016-12-31 | Nkr220.44 Million | Nkr-109.79 Million | -0.498x | -12501.18% |
| 2015-12-31 | Nkr437.76 Million | Nkr1.76 Million | 0.004x | +104.21% |
| 2014-12-31 | Nkr826.75 Million | Nkr-78.81 Million | -0.095x | -993.62% |
| 2013-12-31 | Nkr767.50 Million | Nkr-6.69 Million | -0.009x | -102.28% |
| 2012-12-31 | Nkr526.49 Million | Nkr201.55 Million | 0.383x | +1.51% |
| 2011-12-31 | Nkr735.95 Million | Nkr277.55 Million | 0.377x | +1255.19% |
| 2010-12-31 | Nkr4.75 Billion | Nkr-155.23 Million | -0.033x | +68.92% |
| 2009-12-31 | Nkr5.87 Billion | Nkr-616.29 Million | -0.105x | -114.32% |
| 2008-12-31 | Nkr6.40 Billion | Nkr-313.64 Million | -0.049x | +82.06% |
| 2007-12-31 | Nkr3.11 Billion | Nkr-850.17 Million | -0.273x | -441.65% |
| 2006-12-31 | Nkr2.28 Billion | Nkr182.15 Million | 0.080x | +5.13% |
| 2005-12-31 | Nkr732.26 Million | Nkr55.71 Million | 0.076x | +459.18% |
| 2004-12-31 | Nkr182.86 Million | Nkr-3.87 Million | -0.021x | +96.21% |
| 2003-12-31 | Nkr12.36 Million | Nkr-6.91 Million | -0.559x | +70.95% |
| 2002-12-31 | Nkr9.10 Million | Nkr-17.51 Million | -1.924x | -- |