Norse Atlantic ASA

Norse Atlantic ASA

0.27
NOK
-0.02
(-5.53%)
-1.40EPS
1.51BMarket Cap
Nov 25Next Earn

Total Valuation

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As of June 30, 2026, Norse Atlantic ASA carries a market capitalization of 1.51B, placing it among publicly traded companies globally. Its enterprise value stands at 8.72B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap1.51B
Enterprise Value8.72B

Important Dates

Norse Atlantic ASA's next confirmed earnings release is scheduled for November 25, 2026.

Earnings Date11/25/2026

Share Statistics

As of June 30, 2026, Norse Atlantic ASA has 2.95B shares outstanding.

Shares Outstanding2.95B

Valuation Ratios

These figures are as of June 30, 2026. The price-to-sales ratio is 0.07, and the price-to-book ratio stands at -0.79.

PS Ratio0.07
PB Ratio-0.79
P/TBV Ratio-0.78
P/FCF Ratio123.63
P/OCF Ratio123.63

Enterprise Valuation

As of June 30, 2026, Norse Atlantic ASA trades at an EV/EBITDA multiple of 55.95 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 1.26 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. These enterprise value multiples are built on an enterprise value of 8.72B versus a market cap of 1.51B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales1.26
EV / EBITDA55.95

Financial Position

As of June 30, 2026, Norse Atlantic ASA maintains a current ratio of 0.51, meaning it holds 0.5x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is -411.22, indicating conservative leverage, while an interest coverage ratio of 0.36 demonstrates limited ability to service its debt obligations.

Current Ratio0.51
Quick Ratio0.20
Debt / Equity-411.22
Debt / EBITDA50.55
Interest Coverage0.36

Financial Efficiency

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These figures cover the twelve months ended June 30, 2026. Return on assets (ROA) is negative at -14.21, reflecting losses generated across the asset base. The company generates approximately 6.35M in revenue per employee across its workforce of 1,087.25, a quick read on workforce productivity versus industry peers. Inventory turnover of 117.47 indicates how many times Norse Atlantic ASA sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Assets (ROA)-14.21
Revenue Per Employee6.35M
Employee Count1,087.25
Inventory Turnover117.47

Taxes

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Over the twelve months ended June 30, 2026, Norse Atlantic ASA recorded 3.00M in income tax expense. The company reported a pretax loss of -1.34B and -1.34B in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

Income Tax3.00M

Stock Price Statistics

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As of the close on October 22, 2026, Norse Atlantic ASA's stock has declined approximately 93.71% over the past 52 weeks. The 50-day moving average sits at 0.30, while the 200-day moving average is 1.33.

52-Week Price Change-93.71%
50-Day Moving Average0.30
200-Day Moving Average1.33

Income Statement

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Over the twelve months ended June 30, 2026, Norse Atlantic ASA generated 6.91B in revenue and converted that into -1.34B in net income, yielding earnings per share of -1.40. EBITDA reached 155.79M, while operating income came in at -590.00M.

Revenue6.91B
Gross Profit157.98M
Operating Income-590.00M
Pretax Income-1.34B
Net Income-1.34B
EBITDA155.79M
EBIT-589.97M
Earnings Per Share (EPS)-1.40

Balance Sheet

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As of June 30, 2026, Norse Atlantic ASA holds 663.87M in cash and equivalents against 7.87B in total debt, resulting in a net debt position of -162.51M. Total book value stands at -1.92B, with working capital of -1.64B providing operational flexibility.

Cash & Cash Equivalents663.87M
Total Debt7.87B
Net Debt-162.51M
Equity (Book Value)-1.92B
Book Value Per Share-0.65
Working Capital-1.64B

Cash Flow

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Norse Atlantic ASA produced 3.96M in operating cash flow over the twelve months ended June 30, 2026.

Operating Cash Flow3.96M
Free Cash Flow3.96M

Margins

Over the twelve months ended June 30, 2026, Norse Atlantic ASA posted a gross margin of 2.29, reflecting its pricing power and cost economics. The operating margin of -8.54 and net profit margin of -19.43 provide insight into operational efficiency.

Gross Margin2.29
Operating Margin-8.54
Pretax Margin-19.39
Profit Margin-19.43
EBITDA Margin2.26

Dividends & Yields

These figures cover the twelve months ended June 30, 2026. Free cash flow yield stands at 0.81, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield is negative at -48.91, meaning Norse Atlantic ASA raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Shareholder Yield-48.91
FCF Yield0.81

Stock Splits

Norse Atlantic ASA's most recent stock split took place on June 3, 2026.

Last Split Date6/3/2026

Scores

As of June 30, 2026, Norse Atlantic ASA has an Altman Z-Score of -0.16, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score-0.16