Norbit ASA
Norbit ASA provides technology solutions to customers in a range of industries. It operates through Oceans, Connectivity, and Product Innovation and Realization segments. The company offers multibeam sonar systems, including integrated bathymetric systems, bathymetry systems, advanced monitoring systems for dredging, construction and renewables, forward looking wide area imaging, advanced imaging… Read more
Norbit ASA (NORBT) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.002x
Based on the latest financial reports, Norbit ASA (NORBT) has a cash flow conversion efficiency ratio of -0.002x as of September 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-1.90 Million) by net assets (Nkr1.25 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Norbit ASA - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Norbit 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.
Norbit ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Norbit ASA ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Bright Real Estate Group Co Ltd
SHG:600708
|
-0.004x |
|
Lonkey Industrial Co Ltd Guangzhou
SHE:000523
|
0.006x |
|
Tianjin Economic-technological Development Area Co Ltd
SHE:000652
|
0.044x |
|
5R02
F:5R02
|
-0.003x |
|
Ã
landsbanken Abp
LSE:0O2M
|
N/A |
|
Aksa Enerji Uretim AS
IS:AKSEN
|
0.018x |
|
Marfrig Global Foods SA
PINK:MRRTY
|
0.234x |
|
China Camc Engineering Co Ltd
SHE:002051
|
-0.010x |
Annual Cash Flow Conversion Efficiency for Norbit ASA (2016–2024)
The table below shows the annual cash flow conversion efficiency of Norbit ASA from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr1.16 Billion | Nkr430.90 Million | 0.372x | -14.61% |
| 2023-12-31 | Nkr792.80 Million | Nkr345.70 Million | 0.436x | +209.26% |
| 2022-12-31 | Nkr599.30 Million | Nkr84.50 Million | 0.141x | +47.17% |
| 2021-12-31 | Nkr497.89 Million | Nkr47.70 Million | 0.096x | -54.57% |
| 2020-12-31 | Nkr436.76 Million | Nkr92.10 Million | 0.211x | +126.93% |
| 2019-12-31 | Nkr443.58 Million | Nkr41.22 Million | 0.093x | -7.45% |
| 2018-12-31 | Nkr157.91 Million | Nkr15.86 Million | 0.100x | +11.48% |
| 2017-12-31 | Nkr114.86 Million | Nkr10.34 Million | 0.090x | -74.88% |
| 2016-12-31 | Nkr67.88 Million | Nkr24.34 Million | 0.359x | -- |