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Norse Atlantic OB:NORSE Stock Report

Last Price

kr7.88

Market Cap

kr1.0b

7D

-1.6%

1Y

-55.2%

Updated

26 Mar, 2024

Data

Company Financials

Norse Atlantic ASA Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Norse Atlantic
Historical stock prices
Current Share Pricekr7.88
52 Week Highkr25.36
52 Week Lowkr7.80
Beta0.23
1 Month Change-33.80%
3 Month Change-37.96%
1 Year Change-55.23%
3 Year Changen/a
5 Year Changen/a
Change since IPO-90.67%

Recent News & Updates

Recent updates

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

Sep 28
Norse Atlantic (OB:NORSE) Will Have To Spend Its Cash Wisely

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

Jan 21
Is Norse Atlantic (OB:NORSE) In A Good Position To Deliver On Growth Plans?

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

Sep 02
We're Not Very Worried About Norse Atlantic's (OB:NORSE) Cash Burn Rate

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

Mar 07
Companies Like Norse Atlantic (OB:NORSE) Are In A Position To Invest In Growth

Shareholder Returns

NORSENO AirlinesNO Market
7D-1.6%1.9%1.6%
1Y-55.2%-3.3%6.2%

Return vs Industry: NORSE underperformed the Norwegian Airlines industry which returned -3.3% over the past year.

Return vs Market: NORSE underperformed the Norwegian Market which returned 6.2% over the past year.

Price Volatility

Is NORSE's price volatile compared to industry and market?
NORSE volatility
NORSE Average Weekly Movement8.7%
Airlines Industry Average Movement4.2%
Market Average Movement5.3%
10% most volatile stocks in NO Market10.2%
10% least volatile stocks in NO Market2.8%

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

Volatility Over Time: NORSE's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.

About the Company

FoundedEmployeesCEOWebsite
20211,062Bjoern Larsenhttps://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

How do Norse Atlantic's earnings and revenue compare to its market cap?
NORSE fundamental statistics
Market capkr1.01b
Earnings (TTM)-kr1.81b
Revenue (TTM)kr4.70b

0.2x

P/S Ratio

-0.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NORSE income statement (TTM)
RevenueUS$439.44m
Cost of RevenueUS$419.07m
Gross ProfitUS$20.37m
Other ExpensesUS$189.11m
Earnings-US$168.75m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 14, 2024

Earnings per share (EPS)-1.31
Gross Margin4.63%
Net Profit Margin-38.40%
Debt/Equity Ratio0%

How did NORSE perform over the long term?

See historical performance and comparison
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