Nordic Financials ASA
Nordic Financials ASA does not have significant operations. Previously, it was engaged in the solar power and renewable energy businesses. The company was formerly known as Aega ASA. Nordic Financials ASA was incorporated in 2011 and is headquartered in Oslo, Norway.
Nordic Financials ASA (NOFIN) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2025: 0.788x
Based on the latest financial reports, Nordic Financials ASA (NOFIN) has a cash flow conversion efficiency ratio of 0.788x as of March 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-1.50 Million) by net assets (Nkr-1.90 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Nordic Financials ASA - Cash Flow Conversion Efficiency Trend (2022–2024)
This chart illustrates how Nordic Financials ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Nordic Financials ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nordic Financials ASA ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Viet Phat Import Export Trading Investment JSC
VN:VPG
|
N/A |
|
Lanka Walltiles PLC
CM:LWLN0000
|
N/A |
|
GAGE ROADS
BE:GRH
|
N/A |
|
Volcan Compania Minera S.A.A. Series B
LIM:VOLCABC1
|
N/A |
|
INEP4F
SA:INEP4F
|
N/A |
|
GREATLAND GOLD (G8G.SG)
STU:G8G
|
N/A |
|
Crossroads Gold Corp.
V:CRG
|
N/A |
|
RED HILL IRON
BE:R4I
|
N/A |
Annual Cash Flow Conversion Efficiency for Nordic Financials ASA (2022–2024)
The table below shows the annual cash flow conversion efficiency of Nordic Financials ASA from 2022 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr176.50K | Nkr17.57 Million | 99.533x | +51978.92% |
| 2023-12-31 | Nkr77.34 Million | Nkr14.78 Million | 0.191x | +582.81% |
| 2022-12-31 | Nkr99.67 Million | Nkr2.79 Million | 0.028x | -- |