Norse Atlantic ASA (OSL: NORSE)

Norse Atlantic ASA Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	25.35	54.83	69.71	134.25
Short-Term Investments	-	20.97	6.62	-
Cash & Short-Term Investments	25.35	75.8	76.33	134.25
Cash Growth	-40.46%	-0.69%	-43.15%	-
Accounts Receivable	133.67	64.31	34.75	-
Other Receivables	2.77	2.26	1.11	0.71
Receivables	136.44	66.57	35.86	0.71
Inventory	5.01	3.47	2.6	-
Prepaid Expenses	-	1.8	2.42	-
Other Current Assets	14.15	-	-	0
Total Current Assets	180.95	147.63	117.2	134.96
Property, Plant & Equipment	842.99	898.86	940	96.12
Long-Term Investments	-	-	-	2.37
Other Intangible Assets	3.08	3.32	2.8	0.8
Other Long-Term Assets	44.52	33.33	30.24	20.27
Total Assets	1,072	1,083	1,090	254.51
Accounts Payable	168.13	88.7	55.21	2.05
Current Portion of Leases	78.7	71.68	36.21	0.31
Current Unearned Revenue	73.12	52.39	17	-
Total Current Liabilities	341.24	212.77	108.42	2.37
Long-Term Leases	846.12	902.15	925.52	93.36
Other Long-Term Liabilities	68.67	57.91	45.76	2.2
Total Liabilities	1,256	1,173	1,080	97.93
Common Stock	65.91	62.95	29.95	27.49
Additional Paid-In Capital	201.3	198.07	162.56	136.09
Retained Earnings	-451.7	-350.72	-181.97	-7
Shareholders' Equity	-184.49	-89.7	10.54	156.59
Total Liabilities & Equity	1,072	1,083	1,090	254.51
Total Debt	946.11	973.83	961.73	93.67
Net Cash (Debt)	-920.76	-898.03	-885.4	40.58
Net Cash Per Share	-7.88	-13.31	-41.98	2.09
Filing Date Shares Outstanding	128.52	128.52	51.52	19.42
Total Common Shares Outstanding	128.52	122.21	51.52	19.42
Working Capital	-160.29	-65.14	8.78	132.6
Book Value Per Share	-1.44	-0.73	0.20	8.06
Tangible Book Value	-187.57	-93.02	7.73	155.79
Tangible Book Value Per Share	-1.46	-0.76	0.15	8.02
Machinery	-	8.59	6.48	0.16

Source: S&P Capital IQ. Standard template. Financial Sources.