Zaptec AS (ZAP) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.579x

Based on the latest financial reports, Zaptec AS (ZAP) has a cash flow conversion efficiency ratio of 0.579x 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 (Nkr439.60 Million ≈ $46.26 Million USD) by net assets (Nkr758.72 Million ≈ $79.84 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 Zaptec AS balance sheet quality to measure how much of total assets are equity-financed.

Zaptec AS - Cash Flow Conversion Efficiency Trend (2018–2025)

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

Zaptec AS Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Zaptec AS ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Nel ASA OL:NEL	-0.023x
Hemisphere Properties India Limited NSE:HEMIPROP	0.000x
Burstone Group Limited JSE:BTN	0.014x
Tianjin Jinbin Development SHE:000897	0.007x
Bandwidth Inc NASDAQ:BAND	0.057x
Eaton Vance Municipal Income Closed Fund NYSE:EVN	0.020x
Alltek Technology Corp TW:3209	0.018x
Hunan Resun Co Ltd SHE:001218	0.053x

Annual Cash Flow Conversion Efficiency for Zaptec AS (2018–2025)

The table below shows the annual cash flow conversion efficiency of Zaptec AS from 2018 to 2025. For the full company profile with market capitalisation and key ratios, see Zaptec AS stock valuation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	Nkr752.08 Million ≈ $79.14 Million	Nkr439.60 Million ≈ $46.26 Million	0.585x	+1222.81%
2024-12-31	Nkr678.58 Million ≈ $71.41 Million	Nkr-35.33 Million ≈ $-3.72 Million	-0.052x	+88.95%
2023-12-31	Nkr664.82 Million ≈ $69.96 Million	Nkr-313.15 Million ≈ $-32.95 Million	-0.471x	-114.18%
2022-12-31	Nkr352.09 Million ≈ $37.05 Million	Nkr-77.43 Million ≈ $-8.15 Million	-0.220x	-263.10%
2021-12-31	Nkr395.42 Million ≈ $41.61 Million	Nkr53.32 Million ≈ $5.61 Million	0.135x	+183.84%
2020-12-31	Nkr307.73 Million ≈ $32.38 Million	Nkr14.62 Million ≈ $1.54 Million	0.048x	-89.01%
2019-12-31	Nkr53.22 Million ≈ $5.60 Million	Nkr23.01 Million ≈ $2.42 Million	0.432x	-63.07%
2018-12-31	Nkr19.65 Million ≈ $2.07 Million	Nkr23.01 Million ≈ $2.42 Million	1.171x	--

About Zaptec AS

OL:ZAP Norway Electrical Equipment & Parts

Market Cap

$413.90 Million

Nkr3.93 Billion NOK

Market Cap Rank

#13032 Global

#104 in Norway

Share Price

Nkr45.20

Change (1 day)

-0.44%

52-Week Range

Nkr22.15 - Nkr53.80

All Time High

Nkr68.50