Skandia Greenpower AS (SKAND) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Skandia Greenpower AS (SKAND) has a cash flow conversion efficiency ratio of 0.053x 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 (Nkr5.30 Million ≈ $558.24K USD) by net assets (Nkr99.56 Million ≈ $10.48 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 Skandia Greenpower AS balance sheet independence to measure how much of total assets are equity-financed.
Skandia Greenpower AS - Cash Flow Conversion Efficiency Trend (2017–2025)
This chart illustrates how Skandia Greenpower AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check SKAND cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Skandia Greenpower AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Skandia Greenpower AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Intelligent Protection Management Corp
NASDAQ:IPM
|
0.005x |
|
Safestore Holdings Plc
LSE:SAFE
|
0.026x |
|
Blackwall Ltd
AU:BWF
|
0.002x |
|
Memphasys Ltd
AU:MEM
|
-0.306x |
|
Grand House Mulia Pt
JK:HOMI
|
0.016x |
|
Starbreeze AB (publ)
ST:STAR-B
|
-0.015x |
|
Shinhwa Contech Co. Ltd
KQ:187270
|
0.023x |
|
Ashmore Group Plc
LSE:ASHM
|
0.038x |
Annual Cash Flow Conversion Efficiency for Skandia Greenpower AS (2017–2025)
The table below shows the annual cash flow conversion efficiency of Skandia Greenpower AS from 2017 to 2025. For the full company profile with market capitalisation and key ratios, see SKAND company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | Nkr97.46 Million ≈ $10.26 Million |
Nkr69.49 Million ≈ $7.31 Million |
0.713x | +211.64% |
| 2024-12-31 | Nkr96.62 Million ≈ $10.17 Million |
Nkr22.10 Million ≈ $2.33 Million |
0.229x | +103.70% |
| 2023-12-31 | Nkr14.89 Million ≈ $1.57 Million |
Nkr-92.05 Million ≈ $-9.69 Million |
-6.181x | -1197.09% |
| 2022-12-31 | Nkr19.34 Million ≈ $2.03 Million |
Nkr10.90 Million ≈ $1.15 Million |
0.563x | +110.29% |
| 2021-12-31 | Nkr148.16 Million ≈ $15.59 Million |
Nkr39.70 Million ≈ $4.18 Million |
0.268x | +815.49% |
| 2020-12-31 | Nkr28.55 Million ≈ $3.00 Million |
Nkr835.45K ≈ $87.91K |
0.029x | -97.23% |
| 2019-12-31 | Nkr19.13 Million ≈ $2.01 Million |
Nkr20.21 Million ≈ $2.13 Million |
1.057x | -31.06% |
| 2018-12-31 | Nkr22.14 Million ≈ $2.33 Million |
Nkr33.93 Million ≈ $3.57 Million |
1.533x | +539.83% |
| 2017-12-31 | Nkr28.91 Million ≈ $3.04 Million |
Nkr6.92 Million ≈ $728.60K |
0.240x | -- |
About Skandia Greenpower AS
Skandia GreenPower AS, together with its subsidiaries, provides electricity and energy-saving services in Norway. It offers services under the SkandiaEnergi, SagaEnergi, Motkraft, and Elkompis brands. The company also provides software under the Skandia Smarthus brand. Skandia GreenPower AS was incorporated in 2015 and is based in Kristiansand, Norway.