Norva24 Group AB Cash Flow Conversion Efficiency
Norva24 Group AB cash flow conversion efficiency. Based on the latest financial reports, Norva24 Group AB (NORVA) has a cash flow conversion efficiency ratio of 0.130x as of December 2024. 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 (Skr298.20 Million ≈ $32.09 Million USD) by net assets (Skr2.29 Billion ≈ $246.67 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Norva24 Group AB (2017–2024)
Cash flow conversion efficiency of Norva24 Group AB from 2017 to 2024. This chart illustrates how Norva24 Group AB's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Norva24 Group AB (NORVA) stock price for real-time trading data and today's change.
Norva24 Group AB Cash Flow Conversion Ratio Explained
Norva24 Group AB cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Norva24 Group AB Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Norva24 Group AB ranked by their cash flow conversion efficiency. Also see Norva24 Group AB (NORVA) market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
FastPartner AB (publ)
ST:FPAR-A
|
0.009x |
|
Basler Aktiengesellschaft
XETRA:BSL
|
0.057x |
|
Smarter Microelectronics (Guangzhou) Co. Ltd. A
SHG:688512
|
N/A |
|
Obsidian Energy Ltd
TO:OBE
|
0.027x |
|
Beijing UniStrong Science & Technology Co Ltd
SHE:002383
|
0.020x |
|
Molinos Agro SA
BA:MOLA
|
-1.906x |
|
Saul Centers Inc
NYSE:BFS
|
0.062x |
|
Criteo S.A
F:CI5A
|
0.041x |
Annual Cash Flow Conversion Efficiency for Norva24 Group AB (2017–2024)
The table below shows the annual cash flow conversion efficiency of Norva24 Group AB from 2017 to 2024. Review NORVA cash flow after capex ratio to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Skr2.29 Billion ≈ $246.67 Million |
Skr660.60 Million ≈ $71.09 Million |
0.288x | +7.73% |
| 2023-12-31 | Skr2.07 Billion ≈ $222.82 Million |
Skr553.90 Million ≈ $59.61 Million |
0.268x | +34.76% |
| 2022-12-31 | Skr1.73 Billion ≈ $186.10 Million |
Skr343.30 Million ≈ $36.94 Million |
0.199x | -4.71% |
| 2021-12-31 | Skr1.62 Billion ≈ $174.29 Million |
Skr337.40 Million ≈ $36.31 Million |
0.208x | -59.49% |
| 2020-12-31 | Skr688.00 Million ≈ $74.04 Million |
Skr353.80 Million ≈ $38.07 Million |
0.514x | +16.35% |
| 2019-12-31 | Skr536.20 Million ≈ $57.70 Million |
Skr237.00 Million ≈ $25.50 Million |
0.442x | +2.15% |
| 2018-12-31 | Skr324.00 Million ≈ $34.87 Million |
Skr140.20 Million ≈ $15.09 Million |
0.433x | +51.59% |
| 2017-12-31 | Skr340.84 Million ≈ $36.68 Million |
Skr97.29 Million ≈ $10.47 Million |
0.285x | -- |
About Norva24 Group AB
Norva24 Group AB (Publ) provides underground infrastructure maintenance services in Northern Europe. The company offers emptying services, such as emptying septic tanks, sand traps, grease separators, oil, and other masses. It also provides pressure washing services comprising of tank cleaning and high pressure washing. In addition, the company offers pressure testing, leak detection, pipe inspec… Read more