Norwegian Air Shuttle ASA (OSL:NAS)

Norwegian Air Shuttle ASA Balance Sheet

Financials in millions NOK. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	11,041	7,434	9,868	9,478	7,759	7,695
Short-Term Investments	2,659	2,625	1,012	-	-	-
Cash & Short-Term Investments	13,700	10,059	10,880	9,478	7,759	7,695
Cash Growth	-0.65%	-7.55%	14.79%	22.15%	0.83%	188.53%
Accounts Receivable	5,040	2,458	2,148	1,852	1,176	1,541
Other Receivables	-	-	-	-	1,009	612.4
Receivables	5,040	2,458	2,148	1,852	2,185	2,153
Inventory	683	566	502	259.6	81.3	16.3
Prepaid Expenses	-	671	751	460.7	-	-
Other Current Assets	-	759	973	993.2	19.8	0.1
Total Current Assets	19,423	14,513	15,254	13,044	10,045	9,864
Property, Plant & Equipment	20,768	21,237	15,906	11,944	7,140	6,768
Long-Term Investments	-	79	85	16.1	3.7	3.7
Goodwill	-	213	213	94	94	94
Other Intangible Assets	2,523	353	374	167	95.1	86.2
Long-Term Deferred Tax Assets	-	1,692	1,842	1,901	1,901	1,890
Other Long-Term Assets	4,259	3,944	3,926	3,384	3,391	119.4
Total Assets	46,973	42,031	37,600	30,550	22,670	18,825

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	-	705	683	906.1	529.8	321
Accrued Expenses	-	4,324	3,513	2,259	1,671	929.4
Current Portion of Long-Term Debt	2,165	2,065	1,805	121.9	198.5	183.1
Current Portion of Leases	1,776	1,774	2,024	1,591	1,191	777.9
Current Income Taxes Payable	-	107	61	76.9	13.4	0.2
Current Unearned Revenue	8,621	4,396	4,143	3,203	2,549	1,324
Other Current Liabilities	7,024	657	896	802.6	1,472	2,532
Total Current Liabilities	19,586	14,028	13,125	8,961	7,624	6,068
Long-Term Debt	4,020	3,782	2,948	3,623	4,050	3,982
Long-Term Leases	11,004	11,930	9,301	8,689	4,646	4,435
Pension & Post-Retirement Benefits	-	418	327	210.1	202.3	206.2
Long-Term Deferred Tax Liabilities	-	65	66	64.7	59.9	59.9
Other Long-Term Liabilities	5,703	4,140	4,592	3,230	1,884	805.3
Total Liabilities	40,313	34,363	30,359	24,777	18,466	15,556

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	6,660	106	96	96.2	93	92.9
Additional Paid-In Capital	-	25,617	25,748	25,728	25,438	25,424
Retained Earnings	-	-18,892	-21,359	-22,527	-24,117	-25,030
Comprehensive Income & Other	-	837	2,756	2,475	2,790	2,782
Total Common Equity	6,660	7,668	7,241	5,773	4,203	3,270
Shareholders' Equity	6,660	7,668	7,241	5,773	4,203	3,270
Total Liabilities & Equity	46,973	42,031	37,600	30,550	22,670	18,825

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	18,965	19,551	16,078	14,025	10,085	9,377
Net Cash (Debt)	-5,265	-9,492	-5,198	-4,548	-2,326	-1,683
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-5.00	-8.74	-4.61	-4.04	-2.07	-2.41
Filing Date Shares Outstanding	1,051	1,055	963.88	961.77	929.99	929.16
Total Common Shares Outstanding	1,051	1,055	963.88	961.77	929.99	928.52
Working Capital	-163	485	2,129	4,083	2,421	3,796
Book Value Per Share	6.33	7.27	5.97	4.44	2.58	1.57
Tangible Book Value	4,137	7,102	6,654	5,512	4,014	3,089
Tangible Book Value Per Share	3.93	6.73	5.36	4.17	2.38	1.38
Buildings	-	505	488	286.8	284	289.3
Machinery	-	11,041	7,304	3,722	3,208	3,018

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 4, 2026

Data Sources Report a data error