Norwegian Air Shuttle ASA (OSL:NAS)
Norway · Delayed Price · Currency is NOK 12.91
+0.09 (0.74%)
Sep 4, 2026, 4:25 PM CET
Norwegian Air Shuttle ASA Cash Flow Statement
Financials in millions NOK. Fiscal year is January - December.
Millions NOK. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 1,617 | 2,708 | 1,355 | 1,737 | 1,006 | 1,871 |
Depreciation & Amortization | 3,399 | 2,997 | 2,755 | 1,890 | 1,375 | 1,114 |
Other Amortization | 22 | 22 | 14 | 12.1 | 10.7 | 19.2 |
Loss (Gain) From Sale of Assets | -21 | -21 | 17 | -7.1 | -65.5 | -269.9 |
Asset Writedown & Restructuring Costs | 1,212 | 1,212 | 2,038 | 1,632 | -973.4 | - |
Loss (Gain) From Sale of Investments | - | - | - | - | - | -49.2 |
Other Operating Activities | 1,859 | 1,294 | 803 | 724.7 | 532.6 | -4,643 |
Change in Inventory | -71 | -71 | 326 | -62.8 | 61.7 | 2,271 |
Change in Unearned Revenue | 58 | 253 | 657 | 654 | 1,224 | 922.7 |
Change in Other Net Operating Assets | -554 | -554 | -1,019 | -1,322 | -745.2 | -1,097 |
Operating Cash Flow | 8,362 | 7,840 | 6,946 | 5,258 | 2,426 | 139.1 |
Operating Cash Flow Growth | 4.79% | 12.87% | 32.12% | 116.74% | 1643.85% | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -3,537 | -5,410 | -1,232 | -502.9 | -854.6 | -6.1 |
Sale of Property, Plant & Equipment | 530 | 530 | 139 | 7.8 | 72.7 | 237.5 |
Cash Acquisitions | - | - | -1,020 | - | - | - |
Sale (Purchase) of Intangibles | -40 | -40 | -76 | -82.8 | -19.6 | -8.7 |
Investment in Securities | - | - | -1,000 | - | - | - |
Other Investing Activities | -1,552 | -1,534 | -26 | - | 0.2 | -0.1 |
Investing Cash Flow | -4,599 | -6,454 | -3,215 | -577.9 | -801.3 | 222.6 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 3,402 | 192 | 289.6 | - | - |
Long-Term Debt Repaid | - | -5,093 | -2,559 | -2,512 | -1,110 | -460.7 |
Lease Payments | -1,780 | -1,780 | -1,840 | -1,460 | -891.4 | -52 |
Net Debt Issued (Repaid) | -2,392 | -1,691 | -2,367 | -2,222 | -1,110 | -460.7 |
Issuance of Common Stock | - | - | - | - | - | 5,863 |
Repurchase of Common Stock | -78 | -48 | - | - | - | - |
Common Dividends Paid | -1,791 | -950 | - | - | -7.6 | -377.7 |
Other Financing Activities | -1,140 | -1,062 | -1,030 | -745.1 | -443.7 | -240.1 |
Financing Cash Flow | -5,401 | -3,751 | -3,397 | -2,967 | -1,561 | 4,784 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -57 | -68 | 56 | 6.6 | 1 | -118.2 |
Miscellaneous Cash Flow Adjustments | -2 | -1 | - | -6.6 | -1.1 | - |
Net Cash Flow | -1,697 | -2,434 | 390 | 1,712 | 63.2 | 5,028 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 4,825 | 2,430 | 5,714 | 4,755 | 1,571 | 133 |
Free Cash Flow Growth | 19.44% | -57.47% | 20.18% | 202.63% | 1081.28% | - |
Free Cash Flow Margin | 12.67% | 6.46% | 16.18% | 18.62% | 8.33% | 2.62% |
Free Cash Flow Per Share | 4.58 | 2.24 | 5.07 | 4.22 | 1.40 | 0.19 |
Levered Free Cash Flow | 1,168 | -315.5 | 3,351 | 1,942 | 742.06 | -5,099 |
Unlevered Free Cash Flow | 1,997 | 478.88 | 4,060 | 2,472 | 1,148 | -4,673 |
Free Cash Flow After Leases | 3,045 | 650 | 3,874 | 3,294 | 679.7 | 81 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 1,063 | 1,063 | 1,030 | 745.1 | 443.7 | 240.1 |
Cash Income Tax Paid | - | 35 | 72 | 1.7 | 37 | - |
Change in Working Capital | 274 | -372 | -36 | -730.8 | 540.8 | 2,097 |