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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	23.67	54.83	69.71	134.25
Short-Term Investments	-	20.97	6.62	-
Cash & Short-Term Investments	23.67	75.8	76.33	134.25
Cash Growth	-59.94%	-0.69%	-43.15%	-
Accounts Receivable	159.55	64.31	34.75	-
Other Receivables	1.97	2.26	1.11	0.71
Receivables	161.52	66.57	35.86	0.71
Inventory	4.32	3.47	2.6	-
Prepaid Expenses	-	1.8	2.42	-
Other Current Assets	20.5	-	-	0
Total Current Assets	209.99	147.63	117.2	134.96
Property, Plant & Equipment	863.93	898.86	940	96.12
Long-Term Investments	-	-	-	2.37
Other Intangible Assets	3.1	3.32	2.8	0.8
Other Long-Term Assets	40.61	33.33	30.24	20.27
Total Assets	1,118	1,083	1,090	254.51
Accounts Payable	143.88	88.7	55.21	2.05
Current Portion of Leases	78.7	71.68	36.21	0.31
Current Unearned Revenue	123.92	52.39	17	-
Total Current Liabilities	367.04	212.77	108.42	2.37
Long-Term Leases	864.18	902.15	925.52	93.36
Other Long-Term Liabilities	64.61	57.91	45.76	2.2
Total Liabilities	1,296	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	-445.4	-350.72	-181.97	-7
Shareholders' Equity	-178.2	-89.7	10.54	156.59
Total Liabilities & Equity	1,118	1,083	1,090	254.51
Total Debt	963.42	973.83	961.73	93.67
Net Cash (Debt)	-939.75	-898.03	-885.4	40.58
Net Cash Per Share	-9.14	-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	-157.04	-65.14	8.78	132.6
Book Value Per Share	-1.39	-0.73	0.20	8.06
Tangible Book Value	-181.29	-93.02	7.73	155.79
Tangible Book Value Per Share	-1.41	-0.76	0.15	8.02
Machinery	-	8.59	6.48	0.16

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