Magnora ASA (MGN) - Cash Flow Conversion Efficiency

Latest as of March 2026: -0.119x

Based on the latest financial reports, Magnora ASA (MGN) has a cash flow conversion efficiency ratio of -0.119x as of March 2026. 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-37.50 Million ≈ $-3.95 Million USD) by net assets (Nkr316.20 Million ≈ $33.27 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 Magnora ASA balance sheet independence to measure how much of total assets are equity-financed.

Magnora ASA - Cash Flow Conversion Efficiency Trend (2002–2025)

This chart illustrates how Magnora ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Magnora ASA earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.

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
Groupe Pizzorno Environnement SA PA:GPE	0.332x
Shanghai Baolijia Chemical Co. Ltd. SHE:301037	N/A
Guangdong Redwall New Materials Co Ltd SHE:002809	0.003x
Otovo AS OL:OTOVO	-0.387x
Limoneira Co NASDAQ:LMNR	-0.065x
Virginia National Bankshares Corp NASDAQ:VABK	0.035x
Asia Polymer Corp TW:1308	0.002x
Anhui Hyea Aromas Co Ltd SHE:300886	-0.011x

Annual Cash Flow Conversion Efficiency for Magnora ASA (2002–2025)

The table below shows the annual cash flow conversion efficiency of Magnora ASA from 2002 to 2025. For the full company profile with market capitalisation and key ratios, see Magnora ASA market cap and net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	Nkr369.40 Million ≈ $38.87 Million	Nkr-10.00 Million ≈ $-1.05 Million	-0.027x	+89.62%
2024-12-31	Nkr402.20 Million ≈ $42.32 Million	Nkr-104.90 Million ≈ $-11.04 Million	-0.261x	-4901.61%
2023-12-31	Nkr552.30 Million ≈ $58.12 Million	Nkr3.00 Million ≈ $315.69K	0.005x	+103.46%
2022-12-31	Nkr431.80 Million ≈ $45.44 Million	Nkr-67.70 Million ≈ $-7.12 Million	-0.157x	-13.65%
2021-12-31	Nkr171.80 Million ≈ $18.08 Million	Nkr-23.70 Million ≈ $-2.49 Million	-0.138x	-154.49%
2020-12-31	Nkr118.10 Million ≈ $12.43 Million	Nkr29.90 Million ≈ $3.15 Million	0.253x	+4.84%
2019-12-31	Nkr105.60 Million ≈ $11.11 Million	Nkr25.50 Million ≈ $2.68 Million	0.241x	+53.96%
2018-12-31	Nkr135.80 Million ≈ $14.29 Million	Nkr21.30 Million ≈ $2.24 Million	0.157x	+306.48%
2017-12-31	Nkr184.00 Million ≈ $19.36 Million	Nkr7.10 Million ≈ $747.12K	0.039x	+107.75%
2016-12-31	Nkr220.44 Million ≈ $23.20 Million	Nkr-109.79 Million ≈ $-11.55 Million	-0.498x	-12501.18%
2015-12-31	Nkr437.76 Million ≈ $46.07 Million	Nkr1.76 Million ≈ $185.00K	0.004x	+104.21%
2014-12-31	Nkr826.75 Million ≈ $87.00 Million	Nkr-78.81 Million ≈ $-8.29 Million	-0.095x	-993.62%
2013-12-31	Nkr767.50 Million ≈ $80.76 Million	Nkr-6.69 Million ≈ $-703.96K	-0.009x	-102.28%
2012-12-31	Nkr526.49 Million ≈ $55.40 Million	Nkr201.55 Million ≈ $21.21 Million	0.383x	+1.51%
2011-12-31	Nkr735.95 Million ≈ $77.44 Million	Nkr277.55 Million ≈ $29.21 Million	0.377x	+1255.19%
2010-12-31	Nkr4.75 Billion ≈ $500.36 Million	Nkr-155.23 Million ≈ $-16.33 Million	-0.033x	+68.92%
2009-12-31	Nkr5.87 Billion ≈ $617.43 Million	Nkr-616.29 Million ≈ $-64.85 Million	-0.105x	-114.32%
2008-12-31	Nkr6.40 Billion ≈ $673.44 Million	Nkr-313.64 Million ≈ $-33.00 Million	-0.049x	+82.06%
2007-12-31	Nkr3.11 Billion ≈ $327.41 Million	Nkr-850.17 Million ≈ $-89.46 Million	-0.273x	-441.65%
2006-12-31	Nkr2.28 Billion ≈ $239.66 Million	Nkr182.15 Million ≈ $19.17 Million	0.080x	+5.13%
2005-12-31	Nkr732.26 Million ≈ $77.06 Million	Nkr55.71 Million ≈ $5.86 Million	0.076x	+459.18%
2004-12-31	Nkr182.86 Million ≈ $19.24 Million	Nkr-3.87 Million ≈ $-407.55K	-0.021x	+96.21%
2003-12-31	Nkr12.36 Million ≈ $1.30 Million	Nkr-6.91 Million ≈ $-727.09K	-0.559x	+70.95%
2002-12-31	Nkr9.10 Million ≈ $957.67K	Nkr-17.51 Million ≈ $-1.84 Million	-1.924x	--

About Magnora ASA

OL:MGN Norway Utilities - Renewable

Market Cap

$234.94 Million

Nkr2.23 Billion NOK

Market Cap Rank

#15853 Global

#125 in Norway

Share Price

Nkr22.35

Change (1 day)

+0.00%

52-Week Range

Nkr18.94 - Nkr33.50

All Time High

Nkr33.50