Norse Atlantic ASA financials

Norse Atlantic ASA

Country: NO Reporting currency: USD Latest annual report: 2024-12-31
LEI: 2549008P77XR4V5Z8N86
Source filing ↗
Financial statements (USD, as reported — unscaled; 68 line items across 2 annual periods)
Line item 20242023
Income statement
Administrative expenses $15.9M$14.1M
Employee benefits expense $131.7M$99.8M
Depreciation & amortisation $87.9M$84.1M
Operating profit (EBIT) -$97.0M-$135.2M
Profit before tax -$135.1M-$168.6M
Income tax expense $379.0K$144.0K
Profit for the year -$135.5M-$168.7M
Total comprehensive income -$135.5M-$168.7M
Per share
Basic EPS $-1.05$-2.50
Diluted EPS $-1.05$-2.50
Cash flow statement
Net cash from operating activities $55.6M-$20.6M
Income taxes paid $379.0K$144.0K
Net cash from investing activities -$24.4M-$7.3M
Net cash from financing activities -$60.7M$1.9M
Lease liability payments $69.2M$28.2M
Balance sheet
Total assets $1.03B$1.08B
Non-current assets $876.4M$935.5M
Property, plant & equipment $824.7M$898.9M
Current assets $154.8M$147.6M
Inventories $4.6M$3.5M
Cash & equivalents $22.9M$54.8M
Total equity -$210.6M-$89.7M
Non-current liabilities $921.9M$960.1M
Lease liabilities (non-current) $826.0M$902.1M
Current liabilities $319.9M$212.8M
Lease liabilities (current) $79.7M$71.7M
Trade & other payables $138.9M$88.7M
Derived metrics
Return on equity 64.3%188.1%
Cash conversion ratio -0.41×0.12×
Other reported items
Additional Paidin Capital $588.0K$309.0K
Adjustments For Depreciation and Amortisation Expense $87.9M$84.1M
Adjustments For Interest Expense $39.0M$35.0M
Adjustments For Interest Income $1.5M$2.1M
Adjustments For Provisions $8.8M$6.9M
Adjustments For Sharebased Payments $279.0K$309.0K
Cash Advances and Loans From Related Parties $20.0M$0
Cash and Cash Equivalents If Different From Statement of Financial Position $9.7M$39.3M
Cash Flows From Used In Decrease Increase In Restricted Cash and Cash Equivalents $2.3M-$10.5M
Cash Flows From Used In Operations Before Changes In Working Capital -$877.0K-$44.6M
Comprehensive Income Attributable To Owners of Parent -$135.5M-$168.7M
Current Deferred Income Including Current Contract Liabilities $101.3M$52.4M
Effect of Exchange Rate Changes On Cash and Cash Equivalents -$160.0K$586.0K
Equity and Liabilities $1.03B$1.08B
Fuel Expense $183.6M$152.5M
Increase Decrease In Cash and Cash Equivalents -$29.7M-$25.4M
Increase Decrease In Working Capital -$56.5M-$24.1M
Increase Decrease Through Sharebased Payment Transactions $279.0K$309.0K
Intangible Assets Other Than Goodwill $2.8M$3.3M
Interest Expense $39.0M$35.0M
Interest Paid Classified As Financing Activities $28.2M$27.6M
Issued Capital $74.6M$63.0M
Longterm Deposits $16.5M$16.0M
Noncurrent Payables To Related Parties $22.1M$0
Noncurrent Provisions $73.8M$57.9M
Number of Shares Issued 147.8M122.2M
Other Comprehensive Income $0$0
Other Current Assets $15.5M$22.8M
Other Expense By Nature $47.2M$34.0M
Other Finance Income Cost $962.0K$1.6M
Other Noncurrent Assets $32.3M$17.3M
Proceeds From Issuing Shares $14.3M$68.2M
Purchase of Investments Other Than Investments Accounted For Using Equity Method $2.0M$3.4M
Rental Expense $8.2M$33.1M
Repairs and Maintenance Expense $84.6M$66.5M
Restricted Cash and Cash Equivalents $13.2M$15.5M
Retained Earnings -$486.2M-$350.7M
Revenue and Operating Income $588.1M$439.4M
Share Premium $200.4M$197.8M
Methodology

Every line item above is a fact tagged in Norse Atlantic ASA's annual report filed in the European Single Electronic Format (ESEF) under the IFRS taxonomy (ifrs-full) — the income statement, balance sheet and cash-flow statement as the filer reported them. Values are shown as-is, in the reporting currency (USD), without rescaling; the row labels map to the underlying concept name (e.g. Revenue → ifrs-full:Revenue, Operating profit → ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS → ifrs-full:DilutedEarningsLossPerShare), and any concept without a curated label is shown under “Other reported items” with its de-camel-cased tag name. Only consolidated, default-member facts are shown (segment / dimensional breakdowns are excluded).

“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.

Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.