Norwegian Block Exchange AS
Norwegian Block Exchange AS offers an internet-based marketplace for customers to buy and sell digital assets in Norway. It develops digital asset-based products; and offers OTC trading, compliance and custody, staking, and credit card with bitcoin cashback services. The company was incorporated in 2018 and is based in Lysaker, Norway.
Norwegian Block Exchange AS (NBX) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2024: -0.050x
Based on the latest financial reports, Norwegian Block Exchange AS (NBX) has a cash flow conversion efficiency ratio of -0.050x as of December 2024.
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-3.64 Million) by net assets (Nkr73.16 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Norwegian Block Exchange AS - Cash Flow Conversion Efficiency Trend (2018–2024)
This chart illustrates how Norwegian Block Exchange AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Norwegian Block Exchange AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Norwegian Block Exchange AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
1ZX0
F:1ZX0
|
-0.107x |
|
TruCap Finance Limited
NSE:TRU
|
0.055x |
|
ROVSING AS IN. DK 50
F:RVY
|
N/A |
|
Sodas Sodyum Sanayi AS
IS:SODSN
|
0.362x |
|
Webus International Limited Ordinary Shares
NASDAQ:WETO
|
N/A |
|
Biotricity Inc
NASDAQ:BTCY
|
-0.013x |
|
BIRD RIVER RES. INC.
F:1Q1A
|
N/A |
|
POLARCOOL AB
F:98H
|
N/A |
Annual Cash Flow Conversion Efficiency for Norwegian Block Exchange AS (2018–2024)
The table below shows the annual cash flow conversion efficiency of Norwegian Block Exchange AS from 2018 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr73.16 Million | Nkr-19.63 Million | -0.268x | +50.36% |
| 2023-12-31 | Nkr39.00 Million | Nkr-21.07 Million | -0.540x | +40.55% |
| 2022-12-31 | Nkr61.86 Million | Nkr-56.23 Million | -0.909x | -4446.19% |
| 2021-12-31 | Nkr80.60 Million | Nkr-1.61 Million | -0.020x | +86.41% |
| 2020-12-31 | Nkr103.00 Million | Nkr-15.16 Million | -0.147x | +68.46% |
| 2019-12-31 | Nkr37.98 Million | Nkr-17.72 Million | -0.467x | -105.45% |
| 2018-12-31 | Nkr-2.10 Million | Nkr476.30K | -0.227x | -- |