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Norse Atlantic OB:NORSE Stock Report

Last Price

NOK 7.84

Market Cap

NOK 1.2b

7D

31.5%

1Y

-20.1%

Updated

01 Jun, 2025

Data

Company Financials

NORSE Stock Overview

Provides long-haul airline services in Norway, the United Kingdom, rest of Europe, the United States, and internationally. More details

NORSE fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

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Norse Atlantic ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Norse Atlantic
Historical stock prices
Current Share PriceNOK 7.84
52 Week HighNOK 11.34
52 Week LowNOK 1.50
Beta-0.29
1 Month Change56.80%
3 Month Change111.89%
1 Year Change-20.08%
3 Year Change-84.92%
5 Year Changen/a
Change since IPO-90.72%

Recent News & Updates

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

Mar 11
Some Confidence Is Lacking In Norse Atlantic ASA's (OB:NORSE) P/S

Recent updates

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

Mar 11
Some Confidence Is Lacking In Norse Atlantic ASA's (OB:NORSE) P/S

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

Jun 08
Here's Why We're Not At All Concerned With Norse Atlantic's (OB:NORSE) Cash Burn Situation

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
7D31.5%2.1%0.6%
1Y-20.1%36.2%0.4%

Return vs Industry: NORSE underperformed the Norwegian Airlines industry which returned 36.2% over the past year.

Return vs Market: NORSE underperformed the Norwegian Market which returned 0.4% over the past year.

Price Volatility

Is NORSE's price volatile compared to industry and market?
NORSE volatility
NORSE Average Weekly Movement15.4%
Airlines Industry Average Movement6.5%
Market Average Movement6.2%
10% most volatile stocks in NO Market13.3%
10% least volatile stocks in NO Market3.6%

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 (15%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.

About the Company

FoundedEmployeesCEOWebsite
20211,102Bjorn Larsenwww.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.

Norse Atlantic ASA Fundamentals Summary

How do Norse Atlantic's earnings and revenue compare to its market cap?
NORSE fundamental statistics
Market capNOK 1.16b
Earnings (TTM)-NOK 1.38b
Revenue (TTM)NOK 6.00b
0.2x
P/S Ratio
-0.8x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NORSE income statement (TTM)
RevenueUS$588.11m
Cost of RevenueUS$502.39m
Gross ProfitUS$85.72m
Other ExpensesUS$221.17m
Earnings-US$135.45m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

Aug 27, 2025

Earnings per share (EPS)-0.92
Gross Margin14.57%
Net Profit Margin-23.03%
Debt/Equity Ratio-10.5%

How did NORSE perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/01 11:48
End of Day Share Price 2025/05/30 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.