Norsk Solar AS
Norsk Renewables AS, an independent power producer, owns, develops, finances, builds, and operates solar power plants in Norway, Brazil, Vietnam, South Africa, Pakistan, and Ukraine. The company has proportionate ownership of 24 megawatts in 88 megawatts of solar power plants. It serves its products to utility and large corporate off-takers. The company was founded in 2017 and is headquartered in… Read more
Norsk Solar AS (NSOL) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.911x
Based on the latest financial reports, Norsk Solar AS (NSOL) has a cash flow conversion efficiency ratio of -0.911x as of September 2024.
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-20.75 Million) by net assets (Nkr22.78 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Norsk Solar AS - Cash Flow Conversion Efficiency Trend (2018–2023)
This chart illustrates how Norsk Solar AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Norsk Solar AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Norsk Solar AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
XTRACT RES PLC LS -0002
F:R9XN
|
N/A |
|
Rekah Pharmaceutical Industry Ltd
TA:REKA
|
0.026x |
|
Cavalry Capital Corp.
V:CVY-P
|
-0.184x |
|
AdvanceTC Limited
PINK:ATCLF
|
0.000x |
|
Janus Electric Holdings Ltd
AU:JNS
|
0.000x |
|
FASTENAL (FAS.SG)
STU:FAS
|
0.083x |
|
MAGHREB OXYGENE
BC:MAGHREB-OXYGENE
|
N/A |
|
Big Tree Carbon Inc.
V:BIGT
|
-0.001x |
Annual Cash Flow Conversion Efficiency for Norsk Solar AS (2018–2023)
The table below shows the annual cash flow conversion efficiency of Norsk Solar AS from 2018 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | Nkr21.78 Million | Nkr9.43 Million | 0.433x | +153.62% |
| 2022-12-31 | Nkr90.79 Million | Nkr-73.32 Million | -0.808x | -582.89% |
| 2021-12-31 | Nkr160.38 Million | Nkr-18.97 Million | -0.118x | -815.27% |
| 2020-12-31 | Nkr52.99 Million | Nkr876.00K | 0.017x | +101.37% |
| 2019-12-31 | Nkr29.28 Million | Nkr-35.40 Million | -1.209x | -139.00% |
| 2018-12-31 | Nkr23.55 Million | Nkr-11.91 Million | -0.506x | -- |