Otovo AS (OTOVO) - Cash Flow Conversion Efficiency

Latest 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 ≈ $-15.27 Million USD) by net assets (Nkr375.02 Million ≈ $39.46 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Otovo AS defensive interval ratio to measure how many days the company can operate on defensive assets alone.

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.

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
Villeroy & Boch AG XETRA:VIB3	0.066x
Texas Ventures Acquisition III Corp NASDAQ:TVA	-0.002x
Ernst Russ AG XETRA:HXCK	0.066x
Grupo AeromÃ©xico, S.A.B. de C.V. NYSE:AERO	-0.312x
Groupe Pizzorno Environnement SA PA:GPE	0.332x
Foghorn Therapeutics Inc NASDAQ:FHTX	0.205x
Nitco Limited NSE:NITCO	-0.205x
VNV Global AB ST:VNV	0.007x

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. For the full company profile with market capitalisation and key ratios, see OTOVO company net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	Nkr498.72 Million ≈ $52.48 Million	Nkr-400.11 Million ≈ $-42.10 Million	-0.802x	-244.35%
2023-12-31	Nkr874.20 Million ≈ $91.99 Million	Nkr-203.67 Million ≈ $-21.43 Million	-0.233x	+53.64%
2022-12-31	Nkr531.50 Million ≈ $55.93 Million	Nkr-267.07 Million ≈ $-28.10 Million	-0.502x	-92.49%
2021-12-31	Nkr521.05 Million ≈ $54.83 Million	Nkr-136.02 Million ≈ $-14.31 Million	-0.261x	+38.68%
2020-12-31	Nkr174.49 Million ≈ $18.36 Million	Nkr-74.28 Million ≈ $-7.82 Million	-0.426x	-121.03%
2019-12-31	Nkr239.85 Million ≈ $25.24 Million	Nkr-46.20 Million ≈ $-4.86 Million	-0.193x	+26.99%
2018-12-31	Nkr114.58 Million ≈ $12.06 Million	Nkr-30.23 Million ≈ $-3.18 Million	-0.264x	+49.11%
2017-12-31	Nkr58.31 Million ≈ $6.14 Million	Nkr-30.23 Million ≈ $-3.18 Million	-0.518x	--

About Otovo AS

OL:OTOVO Norway Solar

Market Cap

$279.72 Million

Nkr2.66 Billion NOK

Market Cap Rank

#16021 Global

#125 in Norway

Share Price

Nkr9.50

Change (1 day)

-2.06%

52-Week Range

Nkr0.64 - Nkr16.40

All Time High

Nkr30.00