Norwegian Air Shuttle ASA (NWARF)

Norwegian Air Shuttle ASA Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	24,316	18,869	5,068	9,096	43,522
Revenue Growth (YoY)	28.87%	272.34%	-44.28%	-79.10%	8.09%
Cost of Revenue	20,863	16,970	6,814	14,492	38,662
Gross Profit	3,453	1,900	-1,746.5	-5,396.2	4,860
Selling, General & Admin	2,409	1,319	1,067	1,446	3,072
Other Operating Expenses	1,223	1,185	710	1,106	1,778
Operating Expenses	1,186	2,504	1,777	2,552	4,850
Operating Income	2,267	-468.5	-2,786	-23,768.4	467
Interest Income	231.3	72.6	13.7	68.2	204.5
Interest Expense	848	650	682.3	2,691	3,109
Other Expense / Income	-153.4	-2,092.4	-5,330.6	-4,257.9	-749.5
Pretax Income	1,804	1,046	1,876	-22,133	-1,687.6
Income Tax	66.9	41	5.5	906.8	-78.5
Net Income	1,737	1,006	1,871	-23,039.8	-1,609.1
Net Income Growth	72.74%	-46.24%	-	-	-
Shares Outstanding (Basic)	948	930	523	48	3
Shares Outstanding (Diluted)	1,127	1,125	699	48	3
Shares Change	0.10%	61.12%	1346.89%	1663.24%	73.12%
EPS (Basic)	1.83	0.99	3.58	-477.22	-587.67
EPS (Diluted)	1.54	0.82	2.68	-477.22	-587.67
EPS Growth	87.80%	-69.40%	-	-	-
Free Cash Flow	4,017	1,552	124.3	-1,423.3	2,095
Free Cash Flow Per Share	3.57	1.38	0.18	-29.48	764.98
Gross Margin	14.20%	10.07%	-34.46%	-59.33%	11.17%
Operating Margin	9.32%	-2.48%	-54.97%	-261.32%	1.07%
Profit Margin	7.14%	5.33%	36.91%	-253.31%	-3.70%
Free Cash Flow Margin	16.52%	8.22%	2.45%	-15.65%	4.81%
Effective Tax Rate	3.71%	3.92%	0.29%	-	-
EBITDA	5,789	933.8	-1,923.1	-3,205.9	6,925
EBITDA Margin	23.81%	4.95%	-37.95%	-35.25%	15.91%
Depreciation & Amortization	3,522	1,402	1,134	6,215	6,458
EBIT	2,267	-468.5	-3,056.6	-9,421.1	467
EBIT Margin	9.32%	-2.48%	-60.31%	-103.58%	1.07%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.