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