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Norse Atlantic ASAOB:NORSE Stock Report

Market Cap NOK 66.7m
Share Price
n/a
1Y-95.5%
7D-6.5%
1D2.5%
Portfolio Value
View

Norse Atlantic ASA

OB:NORSE Stock Report

Market Cap: NOK 66.7m

NORSE Community Fair Values

Create Narrative

See what 6 others think this stock is worth. Follow their fair value or set your own to get alerts.

Norse Atlantic ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Norse Atlantic
Historical stock prices
Current Share PriceNOK 0.41
52 Week HighNOK 10.46
52 Week LowNOK 0.39
Beta0.068
1 Month Change-30.15%
3 Month Change-78.31%
1 Year Change-95.52%
3 Year Change-98.24%
5 Year Change-99.41%
Change since IPO-99.51%

Recent News & Updates

Narrative Update Jun 26

NORSE: Cost Cuts And Equity Injection Will Support Future Upside Potential

Analysts have revised their price target on Norse Atlantic lower, cutting it by roughly NOK 2.23, citing updates to fair value estimates, discount rate assumptions, revenue growth expectations, profit margin outlook and future P/E assumptions. What's in the News for Norse Atlantic Norse Atlantic ASA completed a follow on equity offering of NOK 1.019832b, issuing 2,039,664,000 ordinary shares at NOK 0.50 per share under a rights offering structure.

Recent updates

Narrative Update Jun 26

NORSE: Cost Cuts And Equity Injection Will Support Future Upside Potential

Analysts have revised their price target on Norse Atlantic lower, cutting it by roughly NOK 2.23, citing updates to fair value estimates, discount rate assumptions, revenue growth expectations, profit margin outlook and future P/E assumptions. What's in the News for Norse Atlantic Norse Atlantic ASA completed a follow on equity offering of NOK 1.019832b, issuing 2,039,664,000 ordinary shares at NOK 0.50 per share under a rights offering structure.
Analysis Article Nov 28

Norse Atlantic ASA's (OB:NORSE) Popularity With Investors Under Threat As Stock Sinks 25%

The Norse Atlantic ASA ( OB:NORSE ) share price has fared very poorly over the last month, falling by a substantial...
Analysis Article Oct 03

Norse Atlantic ASA's (OB:NORSE) Business Is Trailing The Industry But Its Shares Aren't

There wouldn't be many who think Norse Atlantic ASA's ( OB:NORSE ) price-to-sales (or "P/S") ratio of 0.2x is worth a...
Analysis Article Mar 11

Some Confidence Is Lacking In Norse Atlantic ASA's (OB:NORSE) P/S

There wouldn't be many who think Norse Atlantic ASA's ( OB:NORSE ) price-to-sales (or "P/S") ratio of 0.1x is worth a...
Analysis Article Jun 08

Here's Why We're Not At All Concerned With Norse Atlantic's (OB:NORSE) Cash Burn Situation

We can readily understand why investors are attracted to unprofitable companies. For example, although...
Analysis Article Sep 28

Norse Atlantic (OB:NORSE) Will Have To Spend Its Cash Wisely

We can readily understand why investors are attracted to unprofitable companies. For example, although...
Analysis Article Jan 21

Is Norse Atlantic (OB:NORSE) In A Good Position To Deliver On Growth Plans?

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
Analysis Article Sep 02

We're Not Very Worried About Norse Atlantic's (OB:NORSE) Cash Burn Rate

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Mar 07

Companies Like Norse Atlantic (OB:NORSE) Are In A Position To Invest In Growth

Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...

Shareholder Returns

NORSENO AirlinesNO Market
7D-6.5%-2.6%0.1%
1Y-95.5%11.2%13.5%

Return vs Industry: NORSE underperformed the Norwegian Airlines industry which returned 11.2% over the past year.

Return vs Market: NORSE underperformed the Norwegian Market which returned 13.5% over the past year.

Price Volatility

Is NORSE's price volatile compared to industry and market?
NORSE volatility
NORSE Average Weekly Movement16.6%
Airlines Industry Average Movement5.7%
Market Average Movement5.0%
10% most volatile stocks in NO Market10.7%
10% least volatile stocks in NO Market2.8%

Stable Share Price: NORSE's share price has been volatile over the past 3 months compared to the Norwegian market.

Volatility Over Time: NORSE's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.

About the Company

FoundedEmployeesCEOWebsite
20211,107Eivind Roaldwww.flynorse.com

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.

Norse Atlantic ASA Fundamentals Summary

How do Norse Atlantic's earnings and revenue compare to its market cap?
NORSE fundamental statistics
Market capNOK 66.66m
Earnings (TTM)-NOK 687.62m
Revenue (TTM)NOK 7.44b
0.0x
P/S Ratio
-0.1x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NORSE income statement (TTM)
RevenueUS$769.06m
Cost of RevenueUS$635.19m
Gross ProfitUS$133.87m
Other ExpensesUS$204.95m
Earnings-US$71.07m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Aug 20, 2026

Earnings per share (EPS)-0.44
Gross Margin17.41%
Net Profit Margin-9.24%
Debt/Equity Ratio-19.8%

How did NORSE perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/20 00:28
End of Day Share Price 2026/07/20 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Norse Atlantic ASA is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Marcus GavelliPareto Securities