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.
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. Read Norcod As balance sheet liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Copartner Technology Corp
TW:3550
|
-0.091x |
|
Yojee Ltd
AU:YOJ
|
-0.167x |
|
Teleste Oyj
HE:TLT1V
|
0.087x |
|
Tsann Kuen Enterprise Co Ltd
TW:2430
|
0.135x |
|
Bibica Corp
VN:BBC
|
0.032x |
|
Savezone I C
KO:067830
|
-0.003x |
|
Sukhjit Starch & Chemicals Limited
NSE:SUKHJITS
|
-0.146x |
|
APEX International Financial Engineering Res & Tech Co Ltd
TWO:5210
|
0.016x |
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 NCOD company 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.