Spir Group ASA
Spir Group ASA provides software solutions in Norway, Sweden, and internationally. The company offers Samsvar, a system that helps consumers keep track of legal requirements related to privacy and information security; PixEdit, a software for automating the processing of scanning, data capture, digitalization and optimization, interactive editing, and converting all types of files/documents; Elem… Read more
Spir Group ASA (SPIR) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.103x
Based on the latest financial reports, Spir Group ASA (SPIR) has a cash flow conversion efficiency ratio of 0.103x 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 (Nkr172.11 Million) by net assets (Nkr1.67 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Spir Group ASA - Cash Flow Conversion Efficiency Trend (2020–2024)
This chart illustrates how Spir Group ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Spir Group ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Spir Group ASA ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Lien Chang Electronic Enterprise Co Ltd
TW:2431
|
-0.008x |
|
ProMIS Neurosciences Inc.
NASDAQ:PMN
|
-1.108x |
|
TIL Limited
NSE:TIL
|
-0.256x |
|
Spanish Mountain Gold Ltd.
OTCQB:SPAUF
|
0.001x |
|
Walkabout Resources Ltd
AU:WKT
|
-0.073x |
|
Navamedic ASA
OL:NAVA
|
0.047x |
|
Samaiden Group Bhd
KLSE:0223
|
-0.192x |
|
T Man Pharmaceutical PCL
BK:TMAN
|
N/A |
Annual Cash Flow Conversion Efficiency for Spir Group ASA (2020–2024)
The table below shows the annual cash flow conversion efficiency of Spir Group ASA from 2020 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr1.28 Billion | Nkr218.79 Million | 0.171x | -4.04% |
| 2023-12-31 | Nkr1.09 Billion | Nkr194.12 Million | 0.178x | +56.18% |
| 2022-12-31 | Nkr1.03 Billion | Nkr118.08 Million | 0.114x | -14.88% |
| 2021-12-31 | Nkr704.79 Million | Nkr94.61 Million | 0.134x | +181.39% |
| 2020-12-31 | Nkr253.59 Million | Nkr12.10 Million | 0.048x | -- |