Norse Atlantic ASA
OB:NORSE Stock Report
Norse Atlantic Past Earnings Performance Norse Atlantic has been growing earnings at an average annual rate of 31.3%, while the Airlines industry saw earnings growing at 36.7% annually. Revenues have been growing at an average rate of 125% per year.
Key information
31.3%
Earnings growth rate
Airlines Industry Growth 0.5% Revenue growth rate 125.0% Return on equity n/a Net Margin -29.0% Next Earnings Update 26 Nov 2024
Recent past performance updates Norse Atlantic ASA to Report Q4, 2025 Results on Feb 26, 2025
Second quarter 2024 earnings released: US$0.25 loss per share (vs US$0.55 loss in 2Q 2023) Aug 29
Full year 2023 earnings released: US$2.50 loss per share (vs US$8.30 loss in FY 2022) Apr 13
Full year 2023 earnings released: US$2.72 loss per share (vs US$8.30 loss in FY 2022) Mar 04 Norse Atlantic ASA to Report Q1, 2025 Results on May 14, 2024
Third quarter 2023 earnings released: EPS: US$0.02 (vs US$2.72 loss in 3Q 2022) Nov 05
Show all updates
Norsors Atlantic Airways Announces Successful Completion of Inaugural Charter Flight for P&O Cruises Nov 05
Norse Atlantic ASA, Annual General Meeting, Jun 18, 2025 Oct 29 Norse Atlantic ASA to Report Q4, 2025 Results on Feb 26, 2025
Second quarter 2024 earnings released: US$0.25 loss per share (vs US$0.55 loss in 2Q 2023) Aug 29
Norse Atlantic Airways Completes Historic Charter Flight Between Norway and Darwin, Australia Aug 05
Norse Atlantic Asa Announces Board Appointments Jun 27
New minor risk - Market cap size Jun 25
Here's Why We're Not At All Concerned With Norse Atlantic's (OB:NORSE) Cash Burn Situation Jun 08
Norse Atlantic Airways Announces Nonstop Flight from Athens to New York JFK May 31
Norse Atlantic Airways Introduces New Route Between London Gatwick and Cape Town Apr 19
Full year 2023 earnings released: US$2.50 loss per share (vs US$8.30 loss in FY 2022) Apr 13
Norse Atlantic Airways Announces New Direct Flight from London Gatwick to Las Vegas Mar 28
New minor risk - Market cap size Mar 14
Full year 2023 earnings released: US$2.72 loss per share (vs US$8.30 loss in FY 2022) Mar 04 Norse Atlantic ASA has completed a Follow-on Equity Offering in the amount of NOK 100.1 million. Jan 26
Norse Atlantic ASA to Report Q1, 2025 Results on May 14, 2024
Norse Atlantic Airways Extends Direct Flights from Oslo to Bangkok in Summer 2024 Dec 23
Norsors Atlantic Airways Releases Winter Sun Routes for 2024-2025 Season Dec 19 Norse Atlantic ASA has filed a Follow-on Equity Offering in the amount of NOK 100.1 million. Nov 05
Third quarter 2023 earnings released: EPS: US$0.02 (vs US$2.72 loss in 3Q 2022) Nov 05
New minor risk - Share price stability Nov 01
Norse Atlantic ASA to Report Q3, 2023 Results on Oct 31, 2023 Oct 27
Norse Atlantic (OB:NORSE) Will Have To Spend Its Cash Wisely Sep 28
Norse Atlantic Airways Celebrates Inaugural Flights to Miami from London and Oslo Sep 20
Norse Atlantic Airways Launches Ticket Sales for New Route Between Paris and Los Angeles Sep 07
Norse Atlantic Asa Provides Earnings Guidance for the Third Quarter of 2023 Sep 02
Second quarter 2023 earnings released: US$0.55 loss per share (vs US$1.32 loss in 2Q 2022) Sep 01
Norse Atlantic Airways Expands Winter Schedule with New Direct Flights from Paris and Berlin to Miami Jul 12
Norse Atlantic Airways Expands Winter Schedule with New Direct Flights from Paris and Berlin to Miami Jul 11
Norse Atlantic Airways Announces Inaugural Flights to Los Angeles and San Francisco from London Jul 04 Norse Atlantic Appoints Ben Boiling as Finance Director and Managing Director of Norse UK
Norse Atlantic Airways Celebrates Inaugural Service Between Rome and New York JFK Jun 21
Norse Atlantic Airways Announces Miami as New Destination Jun 12
Norse Atlantic Airways Celebrates Inaugural Flight from Washington, D.C. to London Jun 03
Norse Atlantic Launches Ticket Sales to Miami from London with Flights Commencing September 18, 2023 Jun 01
Norse Atlantic Airways Unveils Two New Routes from the US to London Feb 15
Norse Atlantic Airways Appoints Charles Duncan as President Feb 09
Norse Atlantic Airways Launches Ticket Sales Between Rome And New York JFK With Fares Starting From EUR 239 One Way Jan 25
Is Norse Atlantic (OB:NORSE) In A Good Position To Deliver On Growth Plans? Jan 21
Norse Atlantic Airways Launches Ticket Sales Between Paris and New York JFK with One Way Fares Starting from EUR 219 Nov 30
No independent directors Nov 16
Norse Atlantic ASA Receives UK Air Operator Certificate and Operating License Sep 28
We're Not Very Worried About Norse Atlantic's (OB:NORSE) Cash Burn Rate Sep 02
Norse Atlantic ASA Announces Inaugural Flights from Berlin and Announces New Berlin to Fort Lauderdale Route Aug 19
Norse Atlantic Airways Celebrates Inaugural Flight from London Gatwick to New York JFK Aug 13
Chief Financial Officer recently bought kr60k worth of stock Jul 19
Norse Atlantic ASA Update and Completion of Aircraft Subleases Jul 09
Norse Atlantic Airways Takes Off with First Flight from Oslo to New York Jun 16
Norse Atlantic Airways Launches Ticket Sales Between Berlin, New York JFK and Los Angeles with One-Way Fares Starting from €160 and $120 Jun 08
No independent directors Apr 27
Chief Culture Officer recently bought kr205k worth of stock Apr 02
Companies Like Norse Atlantic (OB:NORSE) Are In A Position To Invest In Growth Mar 07
Norse Atlantic ASA, Annual General Meeting, Apr 27, 2022 Mar 06 Norse Atlantic Airways Appoints Ben Boiling as New Chief Financial Officer
Revenue & Expenses Breakdown
How Norse Atlantic makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History OB:NORSE Revenue, expenses and earnings (USD Millions) Date Revenue Earnings G+A Expenses R&D Expenses 30 Jun 24 543 -157 43 0 31 Mar 24 478 -161 39 0 31 Dec 23 439 -169 37 0 30 Sep 23 391 -171 34 0 30 Jun 23 241 -229 29 0 31 Mar 23 143 -220 21 0 31 Dec 22 104 -175 16 0 30 Jun 22 3 -60 7 0
Quality Earnings: NORSE is currently unprofitable.
Growing Profit Margin: NORSE is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if NORSE's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare NORSE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NORSE is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (-10.5%).
Return on Equity
High ROE: NORSE's liabilities exceed its assets, so it is difficult to calculate its Return on Equity .
Return on Capital Employed
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