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. See how leveraged is Norcod As's balance sheet to measure how much of total assets are equity-financed.
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. Check Norcod As cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Norcod As Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Norcod As ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
AFC Gamma Inc
NASDAQ:AFCG
|
-0.003x |
|
Global Mofy Metaverse Limited Ordinary Shares
NASDAQ:GMM
|
0.193x |
|
ENERGY TRANSITION MINERAL
F:G7PA
|
N/A |
|
ALT Telecom Public Company Limited
BK:ALT
|
-0.053x |
|
Korea Computer & Systems Inc
KQ:115500
|
0.074x |
|
PUBLIC POLICY HO.COM 144A
F:PD7
|
N/A |
|
Harboes Bryggeri A/S
CO:HARB-B
|
0.029x |
|
Kredyt Inkaso SA
WAR:KRI
|
0.105x |
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. For the full company profile with market capitalisation and key ratios, see Norcod As market cap and net worth.
| 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.