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. Also see market cap of Otovo AS for the company's overall valuation and market capitalisation.

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. Explore OTOVO cash to earnings ratio to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Absolent Group AB ST:ABSO	0.044x
Ernst Russ AG XETRA:HXCK	0.066x
Toubani Resources Ltd AU:TRE	-0.052x
Repco Home Finance Limited NSE:REPCOHOME	-0.084x
Hunan Copote Science Technology Co Ltd SHG:600476	-0.072x
Groupe Pizzorno Environnement SA PA:GPE	0.332x
Cambridge Acquisition Corp. Class A Ordinary Shares NASDAQ:CAQ	0.000x
Enter Air S.A. WAR:ENT	-0.217x

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. View latest Otovo AS stock price today for real-time trading data and today's change.

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

$300.33 Million

Nkr2.85 Billion NOK

Market Cap Rank

#16018 Global

#127 in Norway

Share Price

Nkr10.20

Change (1 day)

+0.00%

52-Week Range

Nkr0.64 - Nkr16.40

All Time High

Nkr30.00