24SevenOffice Scandinavia AB (247) - Cash Flow Conversion Efficiency
Based on the latest financial reports, 24SevenOffice Scandinavia AB (247) has a cash flow conversion efficiency ratio of -0.112x as of March 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 (Skr-161.53 Million ≈ $-17.38 Million USD) by net assets (Skr1.44 Billion ≈ $154.72 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 24SevenOffice Scandinavia AB balance sheet quality to measure how much of total assets are equity-financed.
24SevenOffice Scandinavia AB - Cash Flow Conversion Efficiency Trend (2020–2024)
This chart illustrates how 24SevenOffice Scandinavia AB's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 24SevenOffice Scandinavia AB cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
24SevenOffice Scandinavia AB Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of 24SevenOffice Scandinavia AB ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Trans Polonia S.A.
WAR:TRN
|
0.021x |
|
Yong Pyong Resort Corp
KO:070960
|
0.006x |
|
XBiotech Inc
NASDAQ:XBIT
|
-0.164x |
|
Infragreen Group Ltd
AU:IFN
|
-0.004x |
|
Kula Gold Ltd
AU:KGD
|
-0.204x |
|
Babcock International Group PLC
LSE:BAB
|
0.282x |
|
Zalatoris II Acquisition Corp.
NASDAQ:ZLSSF
|
-0.008x |
|
HE Group Berhad
KLSE:0296
|
0.007x |
Annual Cash Flow Conversion Efficiency for 24SevenOffice Scandinavia AB (2020–2024)
The table below shows the annual cash flow conversion efficiency of 24SevenOffice Scandinavia AB from 2020 to 2024. For the full company profile with market capitalisation and key ratios, see how much is 24SevenOffice Scandinavia AB worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Skr1.92 Billion ≈ $206.29 Million |
Skr93.96 Million ≈ $10.11 Million |
0.049x | +105.33% |
| 2023-12-31 | Skr54.20 Million ≈ $5.83 Million |
Skr-49.81 Million ≈ $-5.36 Million |
-0.919x | -105.98% |
| 2022-12-31 | Skr224.91 Million ≈ $24.20 Million |
Skr-100.35 Million ≈ $-10.80 Million |
-0.446x | -281.27% |
| 2021-12-31 | Skr414.56 Million ≈ $44.61 Million |
Skr-48.51 Million ≈ $-5.22 Million |
-0.117x | -23.03% |
| 2020-12-31 | Skr139.50 Million ≈ $15.01 Million |
Skr-13.27 Million ≈ $-1.43 Million |
-0.095x | -- |
About 24SevenOffice Scandinavia AB
Done.ai Group AB provides cloud-based AI"accounting/enterprise resource planning platform to automate business administration and allow for data driven decision making for small, medium, and large companies in Norway, Sweden, rest of Europe, Canada, and internationally. The company was formerly known as 24SevenOffice Group AB (publ) and changed its name to Done.ai Group AB in April 2025. Done.ai … Read more