Norwegian Block Exchange AS (NBX) - Cash Flow Conversion Efficiency

Latest 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 ≈ $-383.46K USD) by net assets (Nkr73.16 Million ≈ $7.70 Million USD). 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. Read Norwegian Block Exchange AS (NBX) financial obligations for a breakdown of total debt and financial obligations.

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
Neo-Concept International Group Holdings Limited Ordinary Shares
NASDAQ:NCI
0.008x
Integral Acquisition 1 Corp
NASDAQ:INTE
-0.024x
Israel China Biotechnology (ICB) Ltd
TA:ICB
-0.415x
Bankers Investment Trust
LSE:BNKR
0.029x
Blackwall Ltd
AU:BWF
0.002x
Farmaceutica R
RO:RMAH
N/A
LANCOR HOLDINGS LTD.
NSE:LANCORHOL
0.193x
Aspinwall and Company Limited
NSE:ASPINWALL
-0.130x

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. For the full company profile with market capitalisation and key ratios, see Norwegian Block Exchange AS (NBX) market capitalisation.

Year Net Assets Operating Cash Flow Cash Flow Conversion Efficiency Change
2024-12-31 Nkr73.16 Million
≈ $7.70 Million
Nkr-19.63 Million
≈ $-2.07 Million
-0.268x +50.36%
2023-12-31 Nkr39.00 Million
≈ $4.10 Million
Nkr-21.07 Million
≈ $-2.22 Million
-0.540x +40.55%
2022-12-31 Nkr61.86 Million
≈ $6.51 Million
Nkr-56.23 Million
≈ $-5.92 Million
-0.909x -4446.19%
2021-12-31 Nkr80.60 Million
≈ $8.48 Million
Nkr-1.61 Million
≈ $-169.56K
-0.020x +86.41%
2020-12-31 Nkr103.00 Million
≈ $10.84 Million
Nkr-15.16 Million
≈ $-1.60 Million
-0.147x +68.46%
2019-12-31 Nkr37.98 Million
≈ $4.00 Million
Nkr-17.72 Million
≈ $-1.86 Million
-0.467x -105.45%
2018-12-31 Nkr-2.10 Million
≈ $-220.73K
Nkr476.30K
≈ $50.12K
-0.227x --

About Norwegian Block Exchange AS

OL:NBX Norway Capital Markets
Market Cap
$19.41 Million
Nkr184.43 Million NOK
Market Cap Rank
#25113 Global
#238 in Norway
Share Price
Nkr0.68
Change (1 day)
+5.26%
52-Week Range
Nkr0.21 - Nkr1.00
All Time High
Nkr11.00
About

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.