Webstep ASA (WSTEP) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.308x

Based on the latest financial reports, Webstep ASA (WSTEP) has a cash flow conversion efficiency ratio of 0.308x as of December 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 (Nkr102.04 Million ≈ $10.74 Million USD) by net assets (Nkr331.31 Million ≈ $34.86 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 Webstep ASA (WSTEP) liquidity interval to measure how many days the company can operate on defensive assets alone.

Webstep ASA - Cash Flow Conversion Efficiency Trend (2013–2025)

This chart illustrates how Webstep ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Webstep ASA Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
PT Indo Boga Sukses Tbk JK:IBOS	0.000x
Bluecom Co. Ltd KQ:033560	0.002x
KCI Limited KQ:036670	0.005x
Elliptic Laboratories AS OL:ELABS	-0.080x
Toplus Global Co Ltd TWO:3522	0.184x
Hojeon Ltd KO:111110	0.074x
Sepeda Bersama Indonesia Tbk PT JK:BIKE	-0.079x
Blackboxstocks Inc NASDAQ:BLBX	-0.090x

Annual Cash Flow Conversion Efficiency for Webstep ASA (2013–2025)

The table below shows the annual cash flow conversion efficiency of Webstep ASA from 2013 to 2025. For the full company profile with market capitalisation and key ratios, see WSTEP stock market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	Nkr331.31 Million ≈ $34.86 Million	Nkr102.04 Million ≈ $10.74 Million	0.308x	+284.87%
2024-12-31	Nkr351.61 Million ≈ $37.00 Million	Nkr28.14 Million ≈ $2.96 Million	0.080x	-9.72%
2023-12-31	Nkr359.18 Million ≈ $37.80 Million	Nkr31.84 Million ≈ $3.35 Million	0.089x	-52.87%
2022-12-31	Nkr393.40 Million ≈ $41.40 Million	Nkr73.99 Million ≈ $7.79 Million	0.188x	+35.38%
2021-12-31	Nkr393.69 Million ≈ $41.43 Million	Nkr54.70 Million ≈ $5.76 Million	0.139x	-16.61%
2020-12-31	Nkr380.18 Million ≈ $40.01 Million	Nkr63.34 Million ≈ $6.66 Million	0.167x	+48.42%
2019-12-31	Nkr371.65 Million ≈ $39.11 Million	Nkr41.71 Million ≈ $4.39 Million	0.112x	-54.02%
2018-12-31	Nkr376.57 Million ≈ $39.63 Million	Nkr91.93 Million ≈ $9.67 Million	0.244x	+985.64%
2017-12-31	Nkr357.74 Million ≈ $37.64 Million	Nkr8.04 Million ≈ $846.46K	0.022x	-91.23%
2016-12-31	Nkr196.92 Million ≈ $20.72 Million	Nkr50.47 Million ≈ $5.31 Million	0.256x	+76.59%
2015-12-31	Nkr336.64 Million ≈ $35.42 Million	Nkr48.86 Million ≈ $5.14 Million	0.145x	-39.85%
2014-12-31	Nkr297.56 Million ≈ $31.31 Million	Nkr71.81 Million ≈ $7.56 Million	0.241x	+68.15%
2013-12-31	Nkr277.50 Million ≈ $29.20 Million	Nkr39.83 Million ≈ $4.19 Million	0.144x	--

About Webstep ASA

OL:WSTEP Norway Information Technology Services

Market Cap

$38.75 Million

Nkr368.22 Million NOK

Market Cap Rank

#22889 Global

#209 in Norway

Share Price

Nkr13.55

Change (1 day)

-3.21%

52-Week Range

Nkr13.55 - Nkr25.60

All Time High

Nkr31.91