Ocean GeoLoop A/S

OL:OCEAN Norway Pollution & Treatment Controls
Market Cap
$11.57 Million
Nkr131.79 Million NOK
Market Cap Rank
#32489 Global
#197 in Norway
Share Price
Nkr2.50
Change (1 day)
+8.70%
52-Week Range
Nkr1.56 - Nkr6.85
All Time High
Nkr35.50
Categories
Companies in Norway Pollution & Treatment Controls
About

Ocean GeoLoop AS, a green tech company, develops point source carbon capture in Norway. It offers GeoLoop CC technology, which captures point source CO2 emissions using natural and harmless processes. The company was founded in 2006 and is based in Verdal, Norway.

Ocean GeoLoop A/S (OCEAN) - Cash Flow Conversion Efficiency

Latest cash flow conversion efficiency as of June 2023: -0.060x

Based on the latest financial reports, Ocean GeoLoop A/S (OCEAN) has a cash flow conversion efficiency ratio of -0.060x as of June 2023.

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-15.81 Million) by net assets (Nkr261.84 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Ocean GeoLoop A/S - Cash Flow Conversion Efficiency Trend (2021–2024)

This chart illustrates how Ocean GeoLoop A/S's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.

Ocean GeoLoop A/S Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Ocean GeoLoop A/S ranked by their cash flow conversion efficiency.

Company Cash Flow Conversion Efficiency
Maternus-Kliniken Aktiengesellschaft
F:MAK
 		0.026x
Grand Canal Land Public Company Limited
BK:GLAND
 		0.005x
Perpetual Resources Ltd
AU:PEC
 		-0.166x
SOCAM DEVELOPMENT LTD HD1
F:HU8
 		N/A
FIN Resources Ltd
AU:FIN
 		-0.030x
Discount Investment Corp Ltd
TA:DISI
 		0.018x
Agrogeneration
PA:ALAGR
 		-0.030x
P/F Atlantic Petroleum
CO:ATLA-DKK
 		0.006x

Annual Cash Flow Conversion Efficiency for Ocean GeoLoop A/S (2021–2024)

The table below shows the annual cash flow conversion efficiency of Ocean GeoLoop A/S from 2021 to 2024.

Year Net Assets Operating Cash Flow Cash Flow Conversion Efficiency Change
2024-12-31 Nkr189.60 Million Nkr-21.82 Million -0.115x +21.95%
2023-12-31 Nkr235.77 Million Nkr-34.76 Million -0.147x +24.53%
2022-12-31 Nkr279.35 Million Nkr-54.57 Million -0.195x +31.92%
2021-12-31 Nkr141.19 Million Nkr-40.51 Million -0.287x --