Norcod As (NCOD) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Norcod As (NCOD) has a cash flow conversion efficiency ratio of -0.333x 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-70.50 Million ≈ $-7.42 Million USD) by net assets (Nkr211.41 Million ≈ $22.25 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 how much is Norcod As worth for the company's overall valuation and market capitalisation.
Norcod As - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Norcod As's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Norcod As Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Norcod As ranked by their cash flow conversion efficiency. Explore earnings quality score of Norcod As to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Kalleback Property Invest AB
ST:KAPIAB
|
0.049x |
|
Houston American Energy Corporation
NYSE MKT:HUSA
|
-0.108x |
|
Mirae Asset Daewoo Special Purpose Acquisition Company 4 Co. Ltd
KQ:333430
|
0.030x |
|
Fifth District Bancorp, Inc. Common Stock
NASDAQ:FDSB
|
0.000x |
|
Thai Rung Union Car Public Company Limited
BK:TRU
|
0.013x |
|
Single Well Industrial
TWO:3490
|
-0.002x |
|
Kellton Tech Solutions Limited
NSE:KELLTONTEC
|
0.001x |
|
Fortune Parts Industry Public Company Limited
BK:FPI
|
0.028x |
Annual Cash Flow Conversion Efficiency for Norcod As (2019–2024)
The table below shows the annual cash flow conversion efficiency of Norcod As from 2019 to 2024. View latest Norcod As 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 | Nkr156.09 Million ≈ $16.43 Million |
Nkr-186.11 Million ≈ $-19.58 Million |
-1.192x | +9.34% |
| 2023-12-31 | Nkr224.81 Million ≈ $23.66 Million |
Nkr-295.66 Million ≈ $-31.11 Million |
-1.315x | -15.16% |
| 2022-12-31 | Nkr176.68 Million ≈ $18.59 Million |
Nkr-201.78 Million ≈ $-21.23 Million |
-1.142x | -357.12% |
| 2021-12-31 | Nkr341.05 Million ≈ $35.89 Million |
Nkr-85.20 Million ≈ $-8.97 Million |
-0.250x | +34.25% |
| 2020-12-31 | Nkr373.32 Million ≈ $39.28 Million |
Nkr-141.85 Million ≈ $-14.93 Million |
-0.380x | +62.40% |
| 2019-12-31 | Nkr29.97 Million ≈ $3.15 Million |
Nkr-30.28 Million ≈ $-3.19 Million |
-1.010x | -- |
About Norcod As
Norcod AS engages in the farming, production, operation, distribution, marketing, and sale of farmed cod products in Norway and internationally. The company was incorporated in 2018 and is headquartered in Trondheim, Norway.