Norbit ASA (NORBT) - Cash Flow Conversion Efficiency

Latest 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 ≈ $-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. See defensive interval ratio of Norbit ASA to measure how many days the company can operate on defensive assets alone.

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.

Company	Cash Flow Conversion Efficiency
Sinomach Automobile Co Ltd SHG:600335	-0.072x
Precision Drilling Corporation TO:PD	0.039x
Shandong Hi-Speed Road&Bridge SHE:000498	0.008x
Shaanxi Provincial Natural Gas Co Ltd SHE:002267	0.032x
Xiangyu Medical Co. Ltd. A SHG:688626	0.009x
Under Armour Inc C NYSE:UA	-0.230x
Beijing Jiuzhou Yi Gui Environmental Technology Co. Ltd. SHG:688485	N/A
Changzhou NRB Corp SHE:002708	0.042x

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. For the full company profile with market capitalisation and key ratios, see how much is Norbit ASA worth.

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

OL:NORBT Norway Scientific & Technical Instruments

Market Cap

$1.15 Billion

Nkr10.90 Billion NOK

Market Cap Rank

#8490 Global

#62 in Norway

Share Price

Nkr170.80

Change (1 day)

-0.81%

52-Week Range

Nkr166.20 - Nkr237.60

All Time High

Nkr237.60