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. Also see market cap of Techstep ASA for the company's overall valuation and market capitalisation.

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.

Techstep ASA Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Techstep ASA ranked by their cash flow conversion efficiency. Explore TECH cash flow quality index to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Nusantara Voucher Distribution Tbk PT JK:DIVA	0.016x
Lianhe Sowell International Group Ltd Ordinary Shares NASDAQ:LHSW	N/A
Four Leaf Acquisition Corporation Class A Common Stock NASDAQ:FORL	-0.074x
Admiralty Resources NL AU:ADY	0.000x
Pan Entertainment Co. Ltd KQ:068050	0.061x
Excite Technology Services Ltd AU:EXT	0.446x
i2S SA PA:ALI2S	0.169x
Ovanti Ltd AU:OVT	-0.245x

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. View Techstep ASA (TECH) stock price for real-time trading data and today's change.

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

$11.15 Million

Nkr105.97 Million NOK

Market Cap Rank

#26876 Global

#244 in Norway

Share Price

Nkr3.08

Change (1 day)

-21.83%

52-Week Range

Nkr1.47 - Nkr13.50

All Time High

Nkr73.00