Norwegian Air Shuttle ASA Ratios and Metrics

Market cap in millions NOK. Fiscal year is January - December.

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 23, 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
Market Capitalization	14,219	18,362	10,603	10,310	6,830	9,982
Market Cap Growth	18.92%	73.18%	2.84%	50.96%	-31.57%	188.84%
Enterprise Value	23,711	26,724	14,486	14,628	9,503	10,623
Last Close Price	13.53	17.45	10.41	10.14	6.95	10.17
PE Ratio	5.43	6.94	8.74	6.40	7.43	5.43
Forward PE	8.91	8.52	6.60	11.85	20.82	-
PS Ratio	0.38	0.49	0.30	0.40	0.36	1.97
PB Ratio	1.85	2.40	1.46	1.79	1.63	3.05
P/TBV Ratio	2.00	2.59	1.59	1.87	1.70	3.23
P/FCF Ratio	5.85	7.56	1.86	2.17	4.35	75.05
P/OCF Ratio	1.81	2.34	1.53	1.96	2.82	71.76
EV/Sales Ratio	0.63	0.71	0.41	0.57	0.50	2.10
EV/EBITDA Ratio	3.75	6.21	5.21	6.06	-	-
EV/EBIT Ratio	7.13	8.04	6.69	6.45	-	-
EV/FCF Ratio	9.76	11.00	2.54	3.08	6.05	79.87
Debt / Equity Ratio	2.55	2.55	2.22	2.43	2.40	2.87
Debt / EBITDA Ratio	3.09	3.09	3.27	3.37	13.09	-
Debt / FCF Ratio	8.05	8.05	2.81	2.95	6.42	70.51
Net Debt / Equity Ratio	1.24	1.24	0.72	0.79	0.55	0.52
Net Debt / EBITDA Ratio	2.21	2.21	1.87	1.88	-4.75	-0.51
Net Debt / FCF Ratio	3.91	3.91	0.91	0.96	1.48	12.65
Asset Turnover	0.95	0.95	1.04	0.96	0.91	0.15
Inventory Turnover	55.69	55.69	75.57	119.67	352.70	173.12
Quick Ratio	0.89	0.89	0.99	1.26	1.30	1.62
Current Ratio	1.03	1.03	1.16	1.46	1.32	1.63
Return on Equity (ROE)	36.33%	36.33%	20.82%	34.82%	26.91%	-
Return on Assets (ROA)	5.22%	5.22%	3.97%	5.33%	-1.82%	-6.43%
Return on Invested Capital (ROIC)	17.97%	20.16%	19.03%	25.92%	-10.11%	-90.15%
Return on Capital Employed (ROCE)	11.90%	11.90%	8.80%	10.50%	-4.00%	-27.60%
Earnings Yield	18.61%	14.75%	12.78%	16.85%	14.72%	18.74%
FCF Yield	17.09%	13.23%	53.89%	46.12%	23.00%	1.33%
Dividend Yield	11.83%	9.74%	-	-	-	-
Payout Ratio	35.08%	35.08%	-	-	0.76%	20.19%
Buyback Yield / Dilution	3.64%	3.64%	-0.03%	-0.10%	-61.12%	-2997.47%
Total Shareholder Return	15.07%	13.38%	-0.03%	-0.10%	-61.12%	-2997.47%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.