Norse Atlantic ASA Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	23.65	22.86	54.83	69.71	134.25
Short-Term Investments	-	3.61	20.97	6.62	-
Cash & Short-Term Investments	23.65	26.46	75.8	76.33	134.25
Cash Growth	-0.09%	-65.09%	-0.69%	-43.15%	-
Accounts Receivable	155.81	109.94	64.31	34.75	-
Other Receivables	1.49	1.97	2.26	1.11	0.71
Receivables	157.3	111.91	66.57	35.86	0.71
Inventory	5.03	4.6	3.47	2.6	-
Prepaid Expenses	-	11.86	1.8	2.42	-
Other Current Assets	16.97	-	-	-	0
Total Current Assets	202.95	154.84	147.63	117.2	134.96
Property, Plant & Equipment	736.21	824.69	898.86	940	96.12
Long-Term Investments	-	-	-	-	2.37
Other Intangible Assets	2.35	2.82	3.32	2.8	0.8
Other Long-Term Assets	55.61	48.84	33.33	30.24	20.27
Total Assets	997.12	1,031	1,083	1,090	254.51
Accounts Payable	162.59	138.86	88.7	55.21	2.05
Current Portion of Leases	66.51	79.71	71.68	36.21	0.31
Current Unearned Revenue	162.94	101.29	52.39	17	-
Other Current Liabilities	0	0	-	-	-
Total Current Liabilities	415.88	319.87	212.77	108.42	2.37
Long-Term Debt	-	22.06	-	-	-
Long-Term Leases	744.79	826.01	902.15	925.52	93.36
Other Long-Term Liabilities	67.65	73.83	57.91	45.76	2.2
Total Liabilities	1,228	1,242	1,173	1,080	97.93
Common Stock	74.6	74.6	62.95	29.95	27.49
Additional Paid-In Capital	201.19	201.01	198.07	162.56	136.09
Retained Earnings	-506.99	-486.17	-350.72	-181.97	-7
Shareholders' Equity	-231.2	-210.57	-89.7	10.54	156.59
Total Liabilities & Equity	997.12	1,031	1,083	1,090	254.51
Total Debt	835.14	927.78	973.83	961.73	93.67
Net Cash (Debt)	-811.49	-901.31	-898.03	-885.4	40.58
Net Cash Per Share	-5.81	-6.97	-13.31	-41.98	2.09
Filing Date Shares Outstanding	147.8	147.8	128.52	51.52	19.42
Total Common Shares Outstanding	147.8	147.8	122.21	51.52	19.42
Working Capital	-212.94	-165.03	-65.14	8.78	132.6
Book Value Per Share	-1.56	-1.42	-0.73	0.20	8.06
Tangible Book Value	-233.55	-213.39	-93.02	7.73	155.79
Tangible Book Value Per Share	-1.58	-1.44	-0.76	0.15	8.02
Machinery	-	7.89	7.26	6.48	0.16

Updated Nov 29, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.