Norva24 Group AB (NORVA) - 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. Also see Norva24 Group AB (NORVA) market capitalisation for the company's overall valuation and market capitalisation.
Norva24 Group AB - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Norva24 Group AB's cash flow conversion efficiency has evolved over time, based on yearly financial data.
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. Explore Norva24 Group AB earnings quality ratio to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Basler Aktiengesellschaft
XETRA:BSL
|
0.057x |
|
Shenzhen Sunxing Light Alloys
SHG:603978
|
-0.075x |
|
Yuhuan CNC Machine Tool Co Ltd
SHE:002903
|
0.006x |
|
Vestis Corporation
NYSE:VSTS
|
0.036x |
|
Ceigall India
NSE:CEIGALL
|
-0.081x |
|
Amsterdam Commodities NV
AS:ACOMO
|
0.125x |
|
Raymond Limited
NSE:RAYMOND
|
-0.011x |
|
Jinhua Chunguang Technology Co Ltd
SHG:603657
|
0.135x |
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. View NORVA stock price and chart for real-time trading data and today's change.
| 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