Panoro Energy ASA (PEN) - Cash Flow Conversion Efficiency

Latest as of March 2026: -0.079x

Based on the latest financial reports, Panoro Energy ASA (PEN) has a cash flow conversion efficiency ratio of -0.079x as of March 2026. 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-17.42 Million ≈ $-1.83 Million USD) by net assets (Nkr221.77 Million ≈ $23.34 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 Panoro Energy ASA (PEN) defensive interval to measure how many days the company can operate on defensive assets alone.

Panoro Energy ASA - Cash Flow Conversion Efficiency Trend (2009–2025)

This chart illustrates how Panoro Energy ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Panoro Energy ASA Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Panoro Energy ASA ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Renxin New Material Co. Ltd. A SHE:301395	N/A
Tera Light Ltd TA:TRLT	0.028x
Myriad Genetics Inc NASDAQ:MYGN	-0.047x
Concrete Pumping Holdings Class A NASDAQ:BBCP	0.074x
Suzhou Industrial Park Heshun Electric Co Ltd SHE:300141	-0.023x
Zhengzhou Tiamaes Technology Co Ltd SHE:300807	0.023x
Oncology Institute Inc NASDAQ:TOI	0.136x
Melcor Developments Ltd. TO:MRD	-0.004x

Annual Cash Flow Conversion Efficiency for Panoro Energy ASA (2009–2025)

The table below shows the annual cash flow conversion efficiency of Panoro Energy ASA from 2009 to 2025. For the full company profile with market capitalisation and key ratios, see market cap of Panoro Energy ASA.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	Nkr220.79 Million ≈ $23.23 Million	Nkr74.38 Million ≈ $7.83 Million	0.337x	-17.93%
2024-12-31	Nkr273.87 Million ≈ $28.82 Million	Nkr112.42 Million ≈ $11.83 Million	0.410x	+21.34%
2023-12-31	Nkr236.04 Million ≈ $24.84 Million	Nkr79.85 Million ≈ $8.40 Million	0.338x	-37.96%
2022-12-31	Nkr206.50 Million ≈ $21.73 Million	Nkr112.61 Million ≈ $11.85 Million	0.545x	+51.39%
2021-12-31	Nkr195.44 Million ≈ $20.57 Million	Nkr70.40 Million ≈ $7.41 Million	0.360x	+5338.69%
2020-12-31	Nkr67.94 Million ≈ $7.15 Million	Nkr450.00K ≈ $47.35K	0.007x	-96.09%
2019-12-31	Nkr72.69 Million ≈ $7.65 Million	Nkr12.31 Million ≈ $1.30 Million	0.169x	+246.94%
2018-12-31	Nkr46.31 Million ≈ $4.87 Million	Nkr-5.34 Million ≈ $-561.61K	-0.115x	-2.25%
2017-12-31	Nkr17.32 Million ≈ $1.82 Million	Nkr-1.95 Million ≈ $-205.41K	-0.113x	-132.10%
2016-12-31	Nkr54.33 Million ≈ $5.72 Million	Nkr-2.64 Million ≈ $-277.59K	-0.049x	+19.59%
2015-12-31	Nkr108.17 Million ≈ $11.38 Million	Nkr-6.53 Million ≈ $-687.35K	-0.060x	+3.00%
2014-12-31	Nkr148.06 Million ≈ $15.58 Million	Nkr-9.22 Million ≈ $-969.89K	-0.062x	-140.38%
2013-12-31	Nkr118.45 Million ≈ $12.46 Million	Nkr18.26 Million ≈ $1.92 Million	0.154x	+49.87%
2012-12-31	Nkr192.10 Million ≈ $20.21 Million	Nkr19.76 Million ≈ $2.08 Million	0.103x	+6290.76%
2011-12-31	Nkr257.17 Million ≈ $27.06 Million	Nkr414.00K ≈ $43.56K	0.002x	-92.38%
2010-12-31	Nkr222.27 Million ≈ $23.39 Million	Nkr4.70 Million ≈ $494.05K	0.021x	-91.36%
2009-12-31	Nkr97.38 Million ≈ $10.25 Million	Nkr23.79 Million ≈ $2.50 Million	0.244x	--

About Panoro Energy ASA

OL:PEN Norway Oil & Gas E&P

Market Cap

$401.14 Million

Nkr3.81 Billion NOK

Market Cap Rank

#13560 Global

#104 in Norway

Share Price

Nkr28.85

Change (1 day)

-2.20%

52-Week Range

Nkr19.02 - Nkr36.05

All Time High

Nkr36.05