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.

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. Read Techstep ASA (TECH) total liabilities for a breakdown of total debt and financial obligations.

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
EITA Resources Bhd KLSE:5208	0.038x
Lien Chang Electronic Enterprise Co Ltd TW:2431	-0.008x
HP Adhesives Limited NSE:HPAL	0.012x
Mundial S.A. - Produtos de Consumo SA:MNDL3	-0.404x
Beaconsmind AG PA:MLBMD	-1.608x
Ezwelfare Co Ltd KQ:090850	0.020x
Generation Bio Co NASDAQ:GBIO	-1.042x
Boer Power Holdings Limited F:BOE	0.201x

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 Techstep ASA market cap and net worth.

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

$35.99 Million

Nkr342.01 Million NOK

Market Cap Rank

#23232 Global

#214 in Norway

Share Price

Nkr9.94

Change (1 day)

-2.55%

52-Week Range

Nkr9.94 - Nkr13.50

All Time High

Nkr73.00