YOLFTbeta
Norse Atlantic ASA

Norse Atlantic ASA

NORSE · OL · Industrials / Airlines

0.208NOK-0.02 (-7.14%)

Price History

Full chart

Market Stats

Previous Close0.224
Open0.222
Day Range0.205 – 0.225
52-Week Range0.261 – 8.29
Volume7.84M
Market Cap922.94M
P/E (TTM)0.00
Forward P/E3.01
EPS-5.89
Dividend Yield0.00%
Beta0.05
50-Day Avg0.3305
200-Day Avg2.69

About

Norse Atlantic ASA provides long-haul airline services in Norway, the United Kingdom, rest of Europe, the United States, and internationally. The company serves a scheduled network across destinations. It also engages in leasing of aircraft and technical services. The company was incorporated in 2021 and is headquartered in Arendal, Norway.

Company Details

  • SectorIndustrials
  • IndustryAirlines
  • CEOMr. Eivind Roald
  • Employees1.07K
  • HeadquartersFløyveien 14, Arendal, Norway, 4838, Norway
  • Websitehttps://www.flynorse.com

Leadership

  • Mr. Bjorn Tore LarsenFounder & Chairman · b. 1968
  • Mr. Eivind RoaldPresident & CEO · b. 1966
  • Mr. Anders Hall JomaasChief Financial Officer
  • Thom Arne NorheimChief Operational Officer
  • Ms. Kristin BerthelsenDeputy Chief Executive Officer
  • Miika InkiläinenChief HR Officer
  • Mr. Frans LeenaarsChief Commercial Officer

Financials

Income Statement

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue2.97M104.27M439.44M588.11M734.04M
Growth (%)-+3407.20%+321.45%+33.83%+24.81%
Cost of Revenue5.34M170.26M487.75M573.76M430.95M
Gross Profit-5.34M-65.99M-48.31M14.35M303.09M
Gross Margin-179.62%-63.29%-10.99%2.44%41.29%
Operating Expense2.61M80.11M86.91M111.36M323.19M
Operating Income-7.95M-146.10M-135.22M-97.02M-20.09M
Operating Margin-267.27%-140.12%-30.77%-16.50%-2.74%
EBITDA-8.32M-87.59M-51.12M-8.14M55.37M
EBITDA Margin-280.01%-84.00%-11.63%-1.38%7.54%
Net Income-7.00M-174.97M-168.75M-135.45M-61.94M
Net Income Margin-235.32%-167.81%-38.40%-23.03%-8.44%
Interest Expense023.55M32.85M39.02M40.09M
Interest Expense % of Total Revenue0.00%22.59%7.48%6.63%5.46%

Balance Sheet

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets3.03M276.95M1.09B1.08B1.03B911.79M
Total Liabilities0120.56M1.08B1.17B1.24B1.17B
Total Equity3.03M156.39M10.54M-89.70M-210.57M-260.01M
Cash3.48M134.25M64.71M39.33M9.65M17.55M
Total Debt-93.67M961.73M973.83M927.77M-
Net Debt--40.58M897.02M934.50M918.12M38.80M

Cash Flow

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow0-5.58M-68.64M-20.56M55.64M70.36M
Investing Cash Flow0-24.41M-24.96M-7.33M-24.41M-20.87M
Financing Cash Flow3.03M163.50M22.59M1.93M-60.74M-42.20M
Capital Expenditure02.42M1.60M3.96M22.42M20.75M
Free Cash Flow--7.99M-70.24M-24.52M33.22M49.62M
FCF to OCF-143.31%102.34%119.28%59.70%70.51%

Earnings

Report DateSep 29, 2021Mar 2, 2022Mar 31, 2022Mar 31, 2023Jun 30, 2023Nov 1, 2023Jan 4, 2024May 14, 2024Aug 28, 2024Nov 29, 2024Feb 26, 2025May 21, 2025Aug 27, 2025Nov 26, 2025Feb 26, 2026May 21, 2026Aug 20, 2026Nov 25, 2026
EPS Estimate-0.810.700.28--6.170.59------0.21-0.21-0.220.21-
EPS Actual0.02-0.10--9.99-3.700.210.02-5.14-2.67-0.52-2.57-1.12-0.41-0.05-0.63-0.15-0.19-
Surprise102.47%-114.19%----96.60%-96.61%-------123.81%-200.00%31.82%-190.48%-
Timing-----After-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-market

Key Statistics & Ratios

Market Cap922.94M
Enterprise Value7.71B
Trailing P/E0.00
Forward P/E3.01
Price / Sales1.27
Price / Book8.52
EPS-5.89
Book Value-0.6072
Revenue (TTM)727.22M
Gross Profit (TTM)120.10M
EBITDA-29.64M
Profit Margin-18.66%
Operating Margin-20.66%
Return on Equity-1994.72%
Return on Assets-2.02%
Shares Outstanding2.96B
Shares Float2.88B
Beta0.05
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Stock Splits

  • Jun 3, 20261106:599
  • Nov 6, 20231214:1157
  • Apr 27, 20231:4
  • Nov 25, 20224266:3163