Org.nr 965 920 358 2023 → 2024 Year-over-year analysis

NORWEGIAN AIR SHUTTLE ASA: årsregnskap 2024 vs 2023

Grew 13% on revenue, returned to profit

approved 2025-05-14; registry 2025-08-02; journal 2025 668215

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for NORWEGIAN AIR SHUTTLE ASA. Revenue 822.0k NOK → 932.0k NOK (+13.4%). Net result -400.00m NOK → +1.35bn NOK. Equity 11.02bn NOK → 12.13bn NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for NORWEGIAN AIR SHUTTLE ASA.

Scorecard

Revenue
822.0k NOK 932.0k NOK
+13.4%
Operating result
-1.21bn NOK +1.31bn NOK
+208.3%
Net result
-400.00m NOK +1.35bn NOK
+438.8%
Equity
11.02bn NOK 12.13bn NOK
+10.1%
Cash
9.17bn NOK 9.48bn NOK
+3.3%
Total assets
28.03bn NOK 27.61bn NOK
-1.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 822.0k NOK to 932.0k NOK (+13.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1.21bn NOK → +1.31bn NOK (op. margin -147445.3% → 140772.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 400.00m NOK to a profit of 1.35bn NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 11.02bn NOK → 12.13bn NOK (equity ratio 39.3% → 43.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 9.17bn NOK → 9.48bn NOK (+3.3% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 40 NOK → 16.65bn NOK (+41617499900.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 6.55bn NOK → 7.19bn NOK. Reported fact