Solstad Offsho
Solstad Offshore ASA owns and operates offshore service vessels. It owns and operates construction service vessels and anchor handling tug support vessel and; and provides maritime services to offshore energy industry. The company offers renewable energy services, subsea support operations, node seismic operations, subsea construction activities, support for well stimulation operations, and subse… Read more
Solstad Offsho (SOFF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2025: 0.234x
Based on the latest financial reports, Solstad Offsho (SOFF) has a cash flow conversion efficiency ratio of 0.234x 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 (Nkr79.95 Million) by net assets (Nkr342.27 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Solstad Offsho - Cash Flow Conversion Efficiency Trend (2000–2024)
This chart illustrates how Solstad Offsho's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Solstad Offsho Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Solstad Offsho ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CB Financial Services Inc
NASDAQ:CBFV
|
0.029x |
|
B2Holding ASA
LSE:0RIT
|
0.212x |
|
Haibo Heavy Engineering Science and Technology Co Ltd
SHE:300517
|
0.031x |
|
Bergbahnen Engelberg Truebsee Titlis Bet AG
SW:TIBN
|
0.062x |
|
EcoSynthetix Inc
PINK:ECSNF
|
-0.008x |
|
King Copper Discovery Corp.
F:3RI0
|
-0.023x |
|
Chipsea Technologies Shenzhen Corp Ltd
SHG:688595
|
-0.042x |
|
Fusion Micro Finance Limited
NSE:FUSION
|
0.232x |
Annual Cash Flow Conversion Efficiency for Solstad Offsho (2000–2024)
The table below shows the annual cash flow conversion efficiency of Solstad Offsho from 2000 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr3.27 Billion | Nkr96.27 Million | 0.029x | -97.99% |
| 2023-12-31 | Nkr1.82 Billion | Nkr2.68 Billion | 1.466x | +78.20% |
| 2022-12-31 | Nkr1.76 Billion | Nkr1.45 Billion | 0.823x | +83.37% |
| 2021-12-31 | Nkr3.08 Billion | Nkr1.38 Billion | 0.449x | +145.39% |
| 2020-12-31 | Nkr4.24 Billion | Nkr775.96 Million | 0.183x | +169.44% |
| 2019-12-31 | Nkr-3.84 Billion | Nkr1.01 Billion | -0.263x | +82.01% |
| 2018-12-31 | Nkr-850.67 Million | Nkr1.25 Billion | -1.464x | -1080.63% |
| 2017-12-31 | Nkr4.96 Billion | Nkr741.03 Million | 0.149x | -20.26% |
| 2016-12-31 | Nkr3.46 Billion | Nkr647.08 Million | 0.187x | -10.15% |
| 2015-12-31 | Nkr3.67 Billion | Nkr764.29 Million | 0.208x | -30.40% |
| 2014-12-31 | Nkr5.06 Billion | Nkr1.51 Billion | 0.299x | +108.72% |
| 2013-12-31 | Nkr4.95 Billion | Nkr710.71 Million | 0.143x | -21.14% |
| 2012-12-31 | Nkr4.66 Billion | Nkr848.48 Million | 0.182x | +104.67% |
| 2011-12-31 | Nkr4.42 Billion | Nkr392.46 Million | 0.089x | -61.90% |
| 2010-12-31 | Nkr4.99 Billion | Nkr1.16 Billion | 0.233x | -19.62% |
| 2009-12-31 | Nkr4.63 Billion | Nkr1.34 Billion | 0.290x | -3.27% |
| 2008-12-31 | Nkr3.70 Billion | Nkr1.11 Billion | 0.300x | +4.95% |
| 2007-12-31 | Nkr3.72 Billion | Nkr1.06 Billion | 0.286x | -1.30% |
| 2006-12-31 | Nkr3.17 Billion | Nkr919.16 Million | 0.290x | +33.37% |
| 2005-12-31 | Nkr2.69 Billion | Nkr584.96 Million | 0.217x | +77.09% |
| 2004-12-31 | Nkr2.23 Billion | Nkr273.35 Million | 0.123x | -15.60% |
| 2003-12-31 | Nkr1.99 Billion | Nkr289.27 Million | 0.145x | -52.16% |
| 2002-12-31 | Nkr1.91 Billion | Nkr579.90 Million | 0.304x | -23.23% |
| 2001-12-31 | Nkr1.43 Billion | Nkr564.77 Million | 0.396x | +81.49% |
| 2000-12-31 | Nkr1.20 Billion | Nkr261.52 Million | 0.218x | -- |