Techstep ASA (TECH) - Cash Flow Conversion Efficiency

Latest as of June 2025: 0.098x

Based on the latest financial reports, Techstep ASA (TECH) has a cash flow conversion efficiency ratio of 0.098x 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 (Nkr53.93 Million ≈ $5.67 Million USD) by net assets (Nkr548.31 Million ≈ $57.70 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 TECH net asset quality index to measure how much of total assets are equity-financed.

Techstep ASA - Cash Flow Conversion Efficiency Trend (2004–2024)

This chart illustrates how Techstep ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Techstep ASA cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

Techstep ASA Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Techstep ASA ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Vroom Inc NASDAQ:VRM	-23.698x
Presurance Holdings, Inc. NASDAQ:PRHI	-0.027x
Encorp Bhd KLSE:6076	0.379x
Royal Hali Iplik Tekstil Mobilya Sanayi ve Ticaret AS IS:ROYAL	-1.588x
Peppermint Innovation Ltd AU:PIL	0.030x
HEBEI YICHEN GRP H YC 05 F:HE2	N/A
Solution Engineering Holdings Bhd KLSE:0093	0.004x
Danish Aerospace Company A/S CO:DAC	0.428x

Annual Cash Flow Conversion Efficiency for Techstep ASA (2004–2024)

The table below shows the annual cash flow conversion efficiency of Techstep ASA from 2004 to 2024. For the full company profile with market capitalisation and key ratios, see market value of Techstep ASA.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	Nkr570.61 Million ≈ $60.04 Million	Nkr136.49 Million ≈ $14.36 Million	0.239x	-11.79%
2023-12-31	Nkr573.70 Million ≈ $60.37 Million	Nkr155.56 Million ≈ $16.37 Million	0.271x	+25.24%
2022-12-31	Nkr571.52 Million ≈ $60.14 Million	Nkr123.74 Million ≈ $13.02 Million	0.217x	-6.70%
2021-12-31	Nkr555.59 Million ≈ $58.46 Million	Nkr128.93 Million ≈ $13.57 Million	0.232x	+83.85%
2020-12-31	Nkr563.45 Million ≈ $59.29 Million	Nkr71.12 Million ≈ $7.48 Million	0.126x	+12.68%
2019-12-31	Nkr455.97 Million ≈ $47.98 Million	Nkr51.08 Million ≈ $5.37 Million	0.112x	+145.83%
2018-12-31	Nkr513.78 Million ≈ $54.06 Million	Nkr23.41 Million ≈ $2.46 Million	0.046x	+159.16%
2017-12-31	Nkr450.11 Million ≈ $47.36 Million	Nkr-34.67 Million ≈ $-3.65 Million	-0.077x	+35.05%
2016-12-31	Nkr260.29 Million ≈ $27.39 Million	Nkr-30.87 Million ≈ $-3.25 Million	-0.119x	+79.07%
2015-12-31	Nkr24.93 Million ≈ $2.62 Million	Nkr-14.13 Million ≈ $-1.49 Million	-0.567x	-9296.28%
2014-12-31	Nkr65.99 Million ≈ $6.94 Million	Nkr-398.00K ≈ $-41.88K	-0.006x	+93.69%
2013-12-31	Nkr70.82 Million ≈ $7.45 Million	Nkr-6.77 Million ≈ $-712.61K	-0.096x	+82.76%
2012-12-31	Nkr58.62 Million ≈ $6.17 Million	Nkr-32.51 Million ≈ $-3.42 Million	-0.555x	-51.69%
2011-12-31	Nkr80.85 Million ≈ $8.51 Million	Nkr-29.56 Million ≈ $-3.11 Million	-0.366x	-89.36%
2010-12-31	Nkr118.13 Million ≈ $12.43 Million	Nkr-22.81 Million ≈ $-2.40 Million	-0.193x	-38.11%
2009-12-31	Nkr172.22 Million ≈ $18.12 Million	Nkr-24.08 Million ≈ $-2.53 Million	-0.140x	-33.31%
2008-12-31	Nkr206.53 Million ≈ $21.73 Million	Nkr-21.66 Million ≈ $-2.28 Million	-0.105x	+45.44%
2006-12-31	Nkr178.79 Million ≈ $18.81 Million	Nkr-34.37 Million ≈ $-3.62 Million	-0.192x	+24.18%
2005-12-31	Nkr159.40 Million ≈ $16.77 Million	Nkr-40.41 Million ≈ $-4.25 Million	-0.254x	+13.27%
2004-12-31	Nkr107.33 Million ≈ $11.29 Million	Nkr-31.37 Million ≈ $-3.30 Million	-0.292x	--

About Techstep ASA

OL:TECH Norway Communication Equipment

Market Cap

$9.12 Million

Nkr86.71 Million NOK

Market Cap Rank

#27291 Global

#246 in Norway

Share Price

Nkr2.52

Change (1 day)

-7.01%

52-Week Range

Nkr2.52 - Nkr13.50

All Time High

Nkr73.00