Magnora ASA (MGN) - Cash Flow Conversion Efficiency

Latest 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 ≈ $-4.62 Million USD) by net assets (Nkr398.00 Million ≈ $41.88 Million USD). 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. Read Magnora ASA (MGN) total liabilities for a breakdown of total debt and financial obligations.

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
Vuzix Corp Cmn Stk NASDAQ:VUZI	-0.160x
Advantage Solutions Inc NASDAQ:ADV	0.090x
Taisol Electronics Co Ltd TW:3338	0.071x
OE Solutions Co. Ltd KQ:138080	-0.023x
Unison Co. Ltd KQ:018000	-0.080x
Sportking India Limited NSE:SPORTKING	0.150x
Monash Ivf Group Ltd AU:MVF	0.051x
Vendome Acquisition Corporation I Class A Ordinary Shares NASDAQ:VNME	N/A

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. For the full company profile with market capitalisation and key ratios, see how much is Magnora ASA worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
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

$202.78 Million

Nkr1.93 Billion NOK

Market Cap Rank

#16486 Global

#132 in Norway

Share Price

Nkr30.15

Change (1 day)

+1.86%

52-Week Range

Nkr18.94 - Nkr30.15

All Time High

Nkr30.15