Norse Atlantic ASA (NORSE) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Norse Atlantic ASA (NORSE) has a cash flow conversion efficiency ratio of -0.271x 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 (Nkr70.36 Million ≈ $7.40 Million USD) by net assets (Nkr-260.01 Million ≈ $-27.36 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 NORSE days of operational coverage to measure how many days the company can operate on defensive assets alone.
Norse Atlantic ASA - Cash Flow Conversion Efficiency Trend (2020–2025)
This chart illustrates how Norse Atlantic ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Norse Atlantic ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Norse Atlantic ASA ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Breedon Group PLC
LSE:BREE
|
0.010x |
|
Rajnandini Metal Limited
NSE:RAJMET
|
0.332x |
|
Precise Biometrics AB
ST:PREC
|
-0.024x |
|
Gauzy Ltd. Ordinary Shares
NASDAQ:GAUZ
|
-0.185x |
|
Orissa Bengal Carrier Limited
NSE:OBCL
|
0.014x |
|
Zhibao Technology Inc. Class A Ordinary Shares
NASDAQ:ZBAO
|
-0.244x |
|
TwentyFour Income Fund Ltd
LSE:TFIF
|
0.015x |
|
South Malaysia Industries Bhd
KLSE:4375
|
0.006x |
Annual Cash Flow Conversion Efficiency for Norse Atlantic ASA (2020–2025)
The table below shows the annual cash flow conversion efficiency of Norse Atlantic ASA from 2020 to 2025. For the full company profile with market capitalisation and key ratios, see market value of Norse Atlantic ASA.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | Nkr-260.01 Million ≈ $-27.36 Million |
Nkr70.36 Million ≈ $7.40 Million |
-0.271x | -2.42% |
| 2024-12-31 | Nkr-210.57 Million ≈ $-22.16 Million |
Nkr55.64 Million ≈ $5.85 Million |
-0.264x | -215.29% |
| 2023-12-31 | Nkr-89.70 Million ≈ $-9.44 Million |
Nkr-20.56 Million ≈ $-2.16 Million |
0.229x | +103.52% |
| 2022-12-31 | Nkr10.54 Million ≈ $1.11 Million |
Nkr-68.64 Million ≈ $-7.22 Million |
-6.515x | -18166.99% |
| 2021-12-31 | Nkr156.39 Million ≈ $16.46 Million |
Nkr-5.58 Million ≈ $-586.97K |
-0.036x | -- |
| 2020-12-31 | Nkr3.03 Million ≈ $318.94K |
Nkr0.00 ≈ $0.00 |
0.000x | -- |
About Norse Atlantic ASA
Norse Atlantic ASA provides long-haul airline services in Norway, the United Kingdom, rest of Europe, the United States, and internationally. The company serves a scheduled network across destinations. It also engages in leasing of aircraft. The company was incorporated in 2021 and is headquartered in Arendal, Norway.