NORSE Stock Overview
Provides long-haul airline services. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 0/6 |
| Dividends | 0/6 |
Norse Atlantic ASA Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 3.80 |
| 52 Week High | NOK 13.87 |
| 52 Week Low | NOK 1.50 |
| Beta | -0.020 |
| 11 Month Change | 131.43% |
| 3 Month Change | 44.76% |
| 1 Year Change | -68.37% |
| 33 Year Change | -93.45% |
| 5 Year Change | n/a |
| Change since IPO | -95.50% |
Recent News & Updates
Recent updates
Here's Why We're Not At All Concerned With Norse Atlantic's (OB:NORSE) Cash Burn Situation
Jun 08
Norse Atlantic (OB:NORSE) Will Have To Spend Its Cash Wisely
Sep 28Is Norse Atlantic (OB:NORSE) In A Good Position To Deliver On Growth Plans?
Jan 21We're Not Very Worried About Norse Atlantic's (OB:NORSE) Cash Burn Rate
Sep 02Companies Like Norse Atlantic (OB:NORSE) Are In A Position To Invest In Growth
Mar 07Shareholder Returns
| NORSE | NO Airlines | NO Market | |
|---|---|---|---|
| 7D | 1.3% | -0.7% | 3.1% |
| 1Y | -68.4% | 5.3% | 3.9% |
Return vs Industry: NORSE underperformed the Norwegian Airlines industry which returned 6.9% over the past year.
Return vs Market: NORSE underperformed the Norwegian Market which returned 2.5% over the past year.
Price Volatility
| NORSE volatility | |
|---|---|
| NORSE Average Weekly Movement | 20.0% |
| Airlines Industry Average Movement | 4.3% |
| Market Average Movement | 5.2% |
| 10% most volatile stocks in NO Market | 10.6% |
| 10% least volatile stocks in NO Market | 2.7% |
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 has increased from 15% to 20% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2021 | 1,280 | Bjoern Larsen | www.flynorse.com |
Norse Atlantic ASA provides long-haul airline services. It focuses on serving various destinations between Europe and the United States, including New York, Florida, Paris, London, and Oslo. The company was incorporated in 2021 and is headquartered in Arendal, Norway.
Norse Atlantic ASA Fundamentals Summary
| NORSE fundamental statistics | |
|---|---|
| Market cap | NOK 488.39m |
| Earnings (TTM) | -NOK 1.74b |
| Revenue (TTM) | NOK 6.00b |
0.1x
P/S Ratio-0.3x
P/E RatioIs NORSE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NORSE income statement (TTM) | |
|---|---|
| Revenue | US$542.58m |
| Cost of Revenue | US$492.10m |
| Gross Profit | US$50.48m |
| Other Expenses | US$207.91m |
| Earnings | -US$157.43m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
Nov 26, 2024
| Earnings per share (EPS) | -1.22 |
| Gross Margin | 9.30% |
| Net Profit Margin | -29.02% |
| Debt/Equity Ratio | -11.5% |
How did NORSE perform over the long term?
See historical performance and comparison