Norse Atlantic ASA Cash Flow Conversion Efficiency
Norse Atlantic ASA cash flow conversion efficiency. Based on the latest financial reports, Norse Atlantic ASA (NORSE) has a cash flow conversion efficiency ratio of -0.059x as of March 2026. 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 (Nkr16.66 Million ≈ $1.75 Million USD) by net assets (Nkr-283.76 Million ≈ $-29.86 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Norse Atlantic ASA (2020–2025)
Cash flow conversion efficiency of Norse Atlantic ASA from 2020 to 2025. This chart illustrates how Norse Atlantic ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. View NORSE stock price for real-time trading data and today's change.
Norse Atlantic ASA Cash Flow Conversion Ratio Explained
Norse Atlantic ASA cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see how much is Norse Atlantic ASA worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
L.P.N. Development Public Company Limited
BK:LPN
|
0.018x |
|
Scana ASA
OL:SCANA
|
0.126x |
|
Chumporn Palm Oil Industry Public Company Limited
BK:CPI
|
-0.013x |
|
mPLUS Corp
KQ:259630
|
-0.049x |
|
Strickland Metals Ltd
AU:STK
|
-0.004x |
|
Mason Capital Corporation
KQ:021880
|
0.043x |
|
Hwashin Precision Engineering Co. Ltd
KQ:126640
|
0.186x |
|
Nice D&B Co. Ltd
KQ:130580
|
0.023x |
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. Review cash generation quality of Norse Atlantic ASA to assess how much free cash flow the company generates relative to operating cash flow.
| 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 and technical services. The company was incorporated in 2021 and is headquartered in Arendal, Norway.