NORS

Norse AtlanticOB:NORSE Stock Report

Market Cap

kr1.3b

7D

-4.0%

1Y

n/a

Updated

17 Sep, 2021

Data

Company Financials
NORSE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

NORSE Overview

Norse Atlantic ASA provides long-haul airline services.

Share Price & News

How has Norse Atlantic's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: NORSE is more volatile than 75% of Norwegian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: Insufficient data to determine NORSE's volatility change over the past year.


Market Performance


7 Day Return

-4.0%

NORSE

0.9%

NO Airlines

-0.01%

NO Market


1 Year Return

n/a

NORSE

-11.1%

NO Airlines

21.3%

NO Market

Return vs Industry: Insufficient data to determine how NORSE performed against the Norwegian Airlines industry.

Return vs Market: Insufficient data to determine how NORSE performed against the Norwegian Market.


Shareholder returns

NORSEIndustryMarket
7 Day-4.0%0.9%-0.01%
30 Day2.1%-1.9%0.7%
90 Day-18.9%-9.0%4.0%
1 Yearn/a11.4%-11.1%28.3%21.3%
3 Yearn/a-24.5%-47.3%18.6%5.1%
5 Yearn/a-1.1%-30.6%81.2%48.3%

Long-Term Price Volatility Vs. Market

How volatile is Norse Atlantic's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Norse Atlantic Fundamentals Summary

How do Norse Atlantic's earnings and revenue compare to its market cap?
NORSE fundamental statistics
Market Capkr1.29b
Earnings (TTM)kr0
Revenue (TTM)n/a

n/a

P/E Ratio

n/a

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NORSE income statement (TTM)
Revenuekr0
Cost of Revenuekr0
Gross Profitkr0
Expenseskr0
Earningskr0

Last Reported Earnings

n/a

Next Earnings Date

Sep 29, 2021

Earnings per share (EPS)0
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did NORSE perform over the long term?

See historical performance and comparison

Valuation

Is Norse Atlantic undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Norse Atlantic is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Norse Atlantic has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Future Growth

How is Norse Atlantic forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

59.3%

Forecasted Transportation industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Norse Atlantic has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Norse Atlantic performed over the past 5 years?

-6.6%

Historical Transportation annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Norse Atlantic has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Financial Health

How is Norse Atlantic's financial position?


In this section we usually analyse Norse Atlantic's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Norse Atlantic has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Dividend

What is Norse Atlantic current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate NORSE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate NORSE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if NORSE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if NORSE's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of NORSE's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Bjorn Larsen (53 yo)

no data

Tenure

Mr. Bjørn Tore Larsen is the Founder of OSM Maritime Group AS (formerly known as OSM Group AS) since 1989. He is Director of Golden Ocean Group Limited since March 2021. From 1989 to 2002, Mr. Larsen serve...


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: NORSE only recently listed within the past 12 months.


Top Shareholders

Company Information

Norse Atlantic ASA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Norse Atlantic ASA
  • Ticker: NORSE
  • Exchange: OB
  • Founded: 2021
  • Industry: Airlines
  • Sector: Transportation
  • Market Cap: kr1.293b
  • Shares outstanding: 77.68m
  • Website: https://flynorse.com

Location

  • Norse Atlantic ASA
  • Sandvigveien 19
  • Kolbjørnsvik
  • Aust-Agder
  • 4816
  • Norway

Listings


Biography

Norse Atlantic ASA provides long-haul airline services. It provides airline services for North America and Europe destinations, including New York, Los Angeles, Miami, London, Paris, and Oslo. The company...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/17 16:20
End of Day Share Price2021/09/17 00:00
EarningsN/A
Annual EarningsN/A


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 here.