Proximar Seafood AS
Proximar Seafood AS, a seafood company, engages in the land-based fish farming in Japan. The company primarily produces and sells Atlantic salmon. It serves retailers and sushi restaurant chains. The company was incorporated in 2015 and is headquartered in Bergen, Norway.
Proximar Seafood AS (PROXI) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.272x
Based on the latest financial reports, Proximar Seafood AS (PROXI) has a cash flow conversion efficiency ratio of -0.272x as of September 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-39.07 Million) by net assets (Nkr143.70 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Proximar Seafood AS - Cash Flow Conversion Efficiency Trend (2018–2024)
This chart illustrates how Proximar Seafood 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.
Proximar Seafood AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Proximar Seafood AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
SCI Information Service Inc
KQ:036120
|
0.047x |
|
Waterco Ltd
AU:WAT
|
0.139x |
|
Forian Inc
NASDAQ:FORA
|
-0.014x |
|
MFO SA
WAR:MFO
|
0.083x |
|
Western Energy Services Corp
PINK:WEEEF
|
0.016x |
|
Inzi Display Co.Ltd
KQ:037330
|
0.157x |
|
Form Bio Co. Ltd.
KQ:377220
|
-0.070x |
|
Midsummer AB (publ)
ST:MIDS
|
-0.108x |
Annual Cash Flow Conversion Efficiency for Proximar Seafood AS (2018–2024)
The table below shows the annual cash flow conversion efficiency of Proximar Seafood AS from 2018 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr396.54 Million | Nkr-107.24 Million | -0.270x | -887.32% |
| 2023-12-31 | Nkr372.36 Million | Nkr-10.20 Million | -0.027x | +66.43% |
| 2022-12-31 | Nkr389.92 Million | Nkr-31.82 Million | -0.082x | -14.04% |
| 2021-12-31 | Nkr390.39 Million | Nkr-27.93 Million | -0.072x | +76.77% |
| 2020-12-31 | Nkr34.13 Million | Nkr-10.51 Million | -0.308x | -121.24% |
| 2019-12-31 | Nkr-4.86 Million | Nkr-7.04 Million | 1.450x | -90.73% |
| 2018-12-31 | Nkr-443.16K | Nkr-6.93 Million | 15.642x | -- |