Skandia Greenpower AS (SKAND) - Cash Flow Conversion Efficiency

Latest as of December 2024: 0.229x

Based on the latest financial reports, Skandia Greenpower AS (SKAND) has a cash flow conversion efficiency ratio of 0.229x as of December 2024. 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 (Nkr22.10 Million ≈ $2.33 Million USD) by net assets (Nkr96.62 Million ≈ $10.17 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Skandia Greenpower AS - Cash Flow Conversion Efficiency Trend (2017–2024)

This chart illustrates how Skandia Greenpower AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read SKAND current and long-term liabilities for a breakdown of total debt and financial obligations.

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
Bürgerliches Brauhaus Ravensburg - Lindau Aktiengesellschaft STU:BBR	N/A
Maven Wireless Sweden AB ST:MAVEN	-0.057x
Hateks Hatay Tekstil Isletmeleri AS IS:HATEK	-0.099x
TMD Energy Limited NYSE MKT:TMDE	N/A
Kavveri Telecom Products Limited NSE:KAVVERITEL	0.007x
Korea SE Corp KQ:101670	-0.024x
CEO Event Medya AS IS:CEOEM	0.288x
Seafresh Industry Public Company Limited BK:CFRESH	0.070x

Annual Cash Flow Conversion Efficiency for Skandia Greenpower AS (2017–2024)

The table below shows the annual cash flow conversion efficiency of Skandia Greenpower AS from 2017 to 2024. For the full company profile with market capitalisation and key ratios, see Skandia Greenpower AS (SKAND) market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
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

OL:SKAND Norway Utilities - Renewable

Market Cap

$24.01 Million

Nkr228.18 Million NOK

Market Cap Rank

#24468 Global

#232 in Norway

Share Price

Nkr1.91

Change (1 day)

+5.23%

52-Week Range

Nkr1.39 - Nkr1.98

All Time High

Nkr15.15