Norse Atlantic ASA

Norse Atlantic ASA

NRSAF
Norse Atlantic ASAUS flagOther OTC
0.55
USD
+0.00
- -
90.60MMarket Cap
Norse Atlantic ASA
NRSAF
(Other OTC)

Recent

price

0.55

P/E

ratio

- -

div

yld

- -

ROIC.AI

2021
2022
2023
2024
2025
TTM
FRC
- -
2.68
3.53
2.46
2.64
0.73
Revenue per Share
-0.14
-4.49
-1.35
-0.57
-0.22
-0.14
Basic EPS, GAAP
-0.16
-2.18
-0.2
0.14
0.17
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
Dividend per Share
3.09
0.11
-0.4
-0.77
-0.87
-0.07
Book Value per Share
3.07
0.08
-0.41
-0.78
-0.87
-0.07
Tangible Book Value per Share
51
39
125
239
278
959
Basic Weighted Avg Shares
- -
104
439
588
734
698
Sales/Revenue/Turnover
- -
-140.12
-30.77
-16.5
-2.74
-8.54
Operating Margin (%)
- -
59
84
88
77
75
Depreciation Expense
-7
-175
-169
-135
-62
-136
Net Income, GAAP
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
-167.81
-38.4
-23.03
-8.44
-19.43
Profit Margin (%)
133
9
-65
-165
-208
-166
Working Capital
93
926
902
848
747
685
LT Debt
157
11
-90
-211
-260
-194
Total Equity
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
-209.4
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
88
89
111
LT Borrowings
36
36
9
LT Finance Leases
711
694
676
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
300
300
2,952
Market Capitalization
206
204
- -

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
142
130
172
Cash, Cash Equivalents & STI
18
5
67
Accounts Receivable, Net
24
22
13
Inventories
6
7
7
Total Current Liabilities
350
361
338
Payables & Accruals
- -
- -
- -
ST Debt
88
89
111
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
23.48%
Free Cash Flow
- -
- -
46.14%
Net Income, GAAP
- -
- -
-54.27%
Sales/Revenue/Turnover
- -
- -
24.81%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
78
165
222
123
588
2025
125
203
250
156
734
2026
160
132
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.27
-0.14
-0.03
-0.13
-0.57
2025
-0.05
-0.02
-0.03
-0.11
-0.22
2026
-0.08
-0.02
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Norse Atlantic ASA is an airline offering affordable long-haul flights. The company deploys a fleet of modern Boeing 787 Dreamliners, providing service across a network connecting Europe, North America, and now expanding into Asia and Africa. Founded in 2021 and based in Arendal, Norway, it also engages in aircraft, crew, maintenance, and insurance (ACMI) wet lease operations for other carriers.

Company News

  • Norse Atlantic lands lease deal with Pakistan's PIA

  • Norse Atlantic Airways keeps reduced capacity as high fuel costs weigh

  • Norse Atlantic ASA (NRSAF) Q2 2026 Earnings Call Prepared Remarks Transcript

  • Norse Atlantic starts formal process for possible sale or merger

  • India's largest airline IndiGo to end Norse Atlantic widebody lease

  • Norse Atlantic Launches Strategic Review After Stock Plunges 71%

  • Norse Atlantic ASA (NRSAF) Q1 2026 Earnings Call Prepared Remarks Transcript

  • Norse Atlantic ASA (NRSAF) Q4 2025 Earnings Call Transcript