Norwegian Air Shuttle ASA (NAS) - Cash Flow Conversion Efficiency

Latest as of June 2025: 1.090x

Based on the latest financial reports, Norwegian Air Shuttle ASA (NAS) has a cash flow conversion efficiency ratio of 1.090x 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 (Nkr6.45 Billion ≈ $678.30 Million USD) by net assets (Nkr5.91 Billion ≈ $622.32 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 market value of Norwegian Air Shuttle ASA for the company's overall valuation and market capitalisation.

Norwegian Air Shuttle ASA - Cash Flow Conversion Efficiency Trend (2002–2024)

This chart illustrates how Norwegian Air Shuttle ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Norwegian Air Shuttle ASA Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Norwegian Air Shuttle ASA ranked by their cash flow conversion efficiency. Explore Norwegian Air Shuttle ASA (NAS) cash flow quality to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Electrolux Professional AB (publ) ST:EPRO-B	0.016x
M Yochananof and Sons Ltd TA:YHNF	0.068x
Huawen Media Investment Corp SHE:000793	-0.007x
Youngone Holdi KO:009970	0.067x
Neway CNC Equipment Suzhou Co Ltd SHG:688697	0.043x
Sinopep-Allsino Biopharmaceutical Co. Ltd. A SHG:688076	0.022x
Home First Finance Company India Limited NSE:HOMEFIRST	-0.121x
PNC Process Systems Co Ltd SHG:603690	0.012x

Annual Cash Flow Conversion Efficiency for Norwegian Air Shuttle ASA (2002–2024)

The table below shows the annual cash flow conversion efficiency of Norwegian Air Shuttle ASA from 2002 to 2024. View latest Norwegian Air Shuttle ASA stock 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	Nkr7.24 Billion ≈ $761.93 Million	Nkr6.95 Billion ≈ $730.92 Million	0.959x	+5.33%
2023-12-31	Nkr5.77 Billion ≈ $607.44 Million	Nkr5.26 Billion ≈ $553.24 Million	0.911x	+57.82%
2022-12-31	Nkr4.20 Billion ≈ $442.32 Million	Nkr2.43 Billion ≈ $255.25 Million	0.577x	+1256.45%
2021-12-31	Nkr3.27 Billion ≈ $344.06 Million	Nkr139.10 Million ≈ $14.64 Million	0.043x	-79.74%
2020-12-31	Nkr-6.62 Billion ≈ $-697.03 Million	Nkr-1.39 Billion ≈ $-146.36 Million	0.210x	-71.49%
2019-12-31	Nkr4.12 Billion ≈ $434.06 Million	Nkr3.04 Billion ≈ $319.66 Million	0.736x	+171.30%
2018-12-31	Nkr1.70 Billion ≈ $179.36 Million	Nkr462.70 Million ≈ $48.69 Million	0.271x	-80.37%
2017-12-31	Nkr2.10 Billion ≈ $220.81 Million	Nkr2.90 Billion ≈ $305.30 Million	1.383x	+83.76%
2016-12-31	Nkr4.05 Billion ≈ $426.07 Million	Nkr3.05 Billion ≈ $320.58 Million	0.752x	-5.33%
2015-12-31	Nkr2.97 Billion ≈ $312.04 Million	Nkr2.36 Billion ≈ $247.99 Million	0.795x	+483.60%
2014-12-31	Nkr2.11 Billion ≈ $221.85 Million	Nkr287.10 Million ≈ $30.21 Million	0.136x	-84.26%
2013-12-31	Nkr2.75 Billion ≈ $289.36 Million	Nkr2.38 Billion ≈ $250.32 Million	0.865x	+3.58%
2012-12-31	Nkr2.42 Billion ≈ $254.72 Million	Nkr2.02 Billion ≈ $212.74 Million	0.835x	+141.10%
2011-12-31	Nkr1.95 Billion ≈ $204.73 Million	Nkr673.97 Million ≈ $70.92 Million	0.346x	-22.68%
2010-12-31	Nkr1.80 Billion ≈ $188.98 Million	Nkr804.63 Million ≈ $84.67 Million	0.448x	-21.47%
2009-12-31	Nkr1.60 Billion ≈ $168.54 Million	Nkr913.82 Million ≈ $96.16 Million	0.571x	+232.80%
2008-12-31	Nkr897.37 Million ≈ $94.43 Million	Nkr-385.55 Million ≈ $-40.57 Million	-0.430x	-147.69%
2007-12-31	Nkr508.27 Million ≈ $53.48 Million	Nkr457.93 Million ≈ $48.19 Million	0.901x	+210.87%
2006-12-31	Nkr260.73 Million ≈ $27.44 Million	Nkr75.56 Million ≈ $7.95 Million	0.290x	-56.97%
2005-12-31	Nkr141.59 Million ≈ $14.90 Million	Nkr95.36 Million ≈ $10.03 Million	0.673x	+217.34%
2004-12-31	Nkr158.27 Million ≈ $16.65 Million	Nkr-90.85 Million ≈ $-9.56 Million	-0.574x	-345.97%
2003-12-31	Nkr263.53 Million ≈ $27.73 Million	Nkr61.50 Million ≈ $6.47 Million	0.233x	+465.43%
2002-12-31	Nkr71.16 Million ≈ $7.49 Million	Nkr-4.54 Million ≈ $-478.16K	-0.064x	--

About Norwegian Air Shuttle ASA

OL:NAS Norway Airlines

Market Cap

$1.32 Billion

Nkr12.58 Billion NOK

Market Cap Rank

#7715 Global

#60 in Norway

Share Price

Nkr11.93

Change (1 day)

-0.54%

52-Week Range

Nkr11.93 - Nkr17.98

All Time High

Nkr10114.86