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 operational self-sufficiency of Zaptec AS to measure how many days the company can operate on defensive assets alone.

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.

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
Zilltek Technology Corp TWO:6679	0.028x
EVS Broadcast Equipment SA BR:EVS	-0.014x
Issta Lines Ltd TA:ISTA	0.034x
OneSpan Inc NASDAQ:OSPN	0.104x
Flat Capital AB Series B ST:FLAT-B	-0.001x
Huaren Pharmaceutical Co Ltd SHE:300110	0.094x
Korla Pear SHG:600506	0.136x
Spritzer Bhd KLSE:7103	0.038x

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 ZAP market cap.

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

$453.28 Million

Nkr4.31 Billion NOK

Market Cap Rank

#12983 Global

#97 in Norway

Share Price

Nkr49.50

Change (1 day)

-0.30%

52-Week Range

Nkr18.50 - Nkr53.80

All Time High

Nkr68.50