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 -0.059x 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. Also see Norse Atlantic ASA market capitalisation for the company's overall valuation and market capitalisation.
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. Explore NORSE operating cash flow to net income to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Q.BEYOND AG NA O.N. KONV.
XETRA:QBY0
|
0.002x |
|
Thryv Holdings Inc
NASDAQ:THRY
|
0.101x |
|
Insumos Agroquimicos SA
BA:INAG
|
-1.082x |
|
Oncoinvent ASA
OL:KLDVK
|
0.013x |
|
IMI PLC
LSE:IMI
|
0.259x |
|
Kudelski
SW:KUD
|
-0.143x |
|
Pyxis Oncology Inc
NASDAQ:PYXS
|
-0.193x |
|
Valuence Merger Corp I
NASDAQ:VMCA
|
-0.014x |
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. View NORSE share price today for real-time trading data and today's change.
| 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.