Otovo AS
Otovo ASA, together with its subsidiaries, operates an online marketplace for solar installations in Norway. It operates through two segments, Marketplace and Subscription SPV. The company develops and manages an online sales platform, which provides subscription for solar panel installations and related products for private households. It operates in Europe, Norway, Sweden, Poland, Italy, German… Read more
Otovo AS (OTOVO) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2025: -0.387x
Based on the latest financial reports, Otovo AS (OTOVO) has a cash flow conversion efficiency ratio of -0.387x as of June 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 (Nkr-145.09 Million) by net assets (Nkr375.02 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Otovo AS - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Otovo 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.
Otovo AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Otovo AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
WICE Logistics PCL
BK:WICE
|
0.006x |
|
Leoch International Technology Limited
F:0LT
|
-0.006x |
|
MetalsTech Limited
F:MT1
|
-0.085x |
|
NextTrip Inc
NASDAQ:NTRP
|
-0.316x |
|
Milae Bioresources Co. Ltd
KQ:218150
|
0.048x |
|
Awea Mechantronic Co Ltd
TW:1530
|
0.014x |
|
4DS Memory Limited
PINK:FRDSF
|
-0.524x |
|
Kamat Hotels (I) Limited
NSE:KAMATHOTEL
|
0.096x |
Annual Cash Flow Conversion Efficiency for Otovo AS (2017–2024)
The table below shows the annual cash flow conversion efficiency of Otovo AS from 2017 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr498.72 Million | Nkr-400.11 Million | -0.802x | -244.35% |
| 2023-12-31 | Nkr874.20 Million | Nkr-203.67 Million | -0.233x | +53.64% |
| 2022-12-31 | Nkr531.50 Million | Nkr-267.07 Million | -0.502x | -92.49% |
| 2021-12-31 | Nkr521.05 Million | Nkr-136.02 Million | -0.261x | +38.68% |
| 2020-12-31 | Nkr174.49 Million | Nkr-74.28 Million | -0.426x | -121.03% |
| 2019-12-31 | Nkr239.85 Million | Nkr-46.20 Million | -0.193x | +26.99% |
| 2018-12-31 | Nkr114.58 Million | Nkr-30.23 Million | -0.264x | +49.11% |
| 2017-12-31 | Nkr58.31 Million | Nkr-30.23 Million | -0.518x | -- |