Norbit ASA (NORBT) - Cash Flow Conversion Efficiency
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 ≈ $-199.93K USD) by net assets (Nkr1.25 Billion ≈ $131.90 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see NORBT market cap for the company's overall valuation and market capitalisation.
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.
Norbit ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Norbit ASA ranked by their cash flow conversion efficiency. Explore NORBT operating cash flow to net income to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
WEIBO CORP. A
F:2WB
|
N/A |
|
Hangzhou Honghua Digital Technology Stock Company LTD
SHG:688789
|
N/A |
|
MBB INDUSTRIES
XETRA:MBB
|
0.067x |
|
SL Science Holding Limited Ordinary Shares
NASDAQ:SLBT
|
N/A |
|
Da An Gene Co Ltd of Sun Yat-Sen University
SHE:002030
|
0.015x |
|
Shenzhen Yanmade Technology Inc
SHG:688312
|
0.022x |
|
Alvotech
IC:ALVO
|
0.314x |
|
Naruida Technology Co. Ltd. Cl A
SHG:688522
|
N/A |
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. View NORBT stock price and chart for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr1.16 Billion ≈ $121.78 Million |
Nkr430.90 Million ≈ $45.34 Million |
0.372x | -14.61% |
| 2023-12-31 | Nkr792.80 Million ≈ $83.43 Million |
Nkr345.70 Million ≈ $36.38 Million |
0.436x | +209.26% |
| 2022-12-31 | Nkr599.30 Million ≈ $63.06 Million |
Nkr84.50 Million ≈ $8.89 Million |
0.141x | +47.17% |
| 2021-12-31 | Nkr497.89 Million ≈ $52.39 Million |
Nkr47.70 Million ≈ $5.02 Million |
0.096x | -54.57% |
| 2020-12-31 | Nkr436.76 Million ≈ $45.96 Million |
Nkr92.10 Million ≈ $9.69 Million |
0.211x | +126.93% |
| 2019-12-31 | Nkr443.58 Million ≈ $46.68 Million |
Nkr41.22 Million ≈ $4.34 Million |
0.093x | -7.45% |
| 2018-12-31 | Nkr157.91 Million ≈ $16.62 Million |
Nkr15.86 Million ≈ $1.67 Million |
0.100x | +11.48% |
| 2017-12-31 | Nkr114.86 Million ≈ $12.09 Million |
Nkr10.34 Million ≈ $1.09 Million |
0.090x | -74.88% |
| 2016-12-31 | Nkr67.88 Million ≈ $7.14 Million |
Nkr24.34 Million ≈ $2.56 Million |
0.359x | -- |
About 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