Nordic Aqua Partners As (NOAP) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Nordic Aqua Partners As (NOAP) has a cash flow conversion efficiency ratio of -0.140x as of December 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-12.11 Million ≈ $-1.27 Million USD) by net assets (Nkr86.25 Million ≈ $9.08 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 debt-free asset ratio of Nordic Aqua Partners As to measure how much of total assets are equity-financed.
Nordic Aqua Partners As - Cash Flow Conversion Efficiency Trend (2018–2025)
This chart illustrates how Nordic Aqua Partners As's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Nordic Aqua Partners As cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Nordic Aqua Partners As Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nordic Aqua Partners As ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Garuda Construction & Engineering
NSE:GARUDA
|
0.011x |
|
Jaeren Sparebank
OL:JAREN
|
-0.105x |
|
Grand Fortune Securities Co Ltd
TWO:6026
|
-0.003x |
|
Taylor Devices Inc
NASDAQ:TAYD
|
0.013x |
|
SICHUAN ENG.INV.DEV.H YC1
F:84H
|
N/A |
|
Iljin Holdings
KO:015860
|
0.059x |
|
AMA Group Limited
F:KC7
|
0.047x |
|
Northern Minerals Ltd
AU:NTU
|
-6.457x |
Annual Cash Flow Conversion Efficiency for Nordic Aqua Partners As (2018–2025)
The table below shows the annual cash flow conversion efficiency of Nordic Aqua Partners As from 2018 to 2025. For the full company profile with market capitalisation and key ratios, see Nordic Aqua Partners As market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | Nkr104.24 Million ≈ $10.97 Million |
Nkr-12.11 Million ≈ $-1.27 Million |
-0.116x | +42.86% |
| 2024-12-31 | Nkr86.88 Million ≈ $9.14 Million |
Nkr-17.67 Million ≈ $-1.86 Million |
-0.203x | +13.44% |
| 2023-12-31 | Nkr73.35 Million ≈ $7.72 Million |
Nkr-17.24 Million ≈ $-1.81 Million |
-0.235x | -125.53% |
| 2022-12-31 | Nkr358.78 Million ≈ $37.75 Million |
Nkr-37.38 Million ≈ $-3.93 Million |
-0.104x | -89.30% |
| 2021-12-31 | Nkr398.46 Million ≈ $41.93 Million |
Nkr-21.93 Million ≈ $-2.31 Million |
-0.055x | +6.06% |
| 2020-12-31 | Nkr412.96 Million ≈ $43.46 Million |
Nkr-24.20 Million ≈ $-2.55 Million |
-0.059x | +83.97% |
| 2019-12-31 | Nkr13.36 Million ≈ $1.41 Million |
Nkr-4.88 Million ≈ $-513.73K |
-0.365x | -28.16% |
| 2018-12-31 | Nkr15.09 Million ≈ $1.59 Million |
Nkr-4.30 Million ≈ $-452.76K |
-0.285x | -- |
About Nordic Aqua Partners As
Nordic Aqua Partners A/S, together with its subsidiaries, primarily engages in the land-based Atlantic salmon farming in the People's Republic of China. It is involved in the investment, installation, and operation of breeding systems for fish and shellfish. The company was incorporated in 2016 and is based in Oslo, Norway.