Norwegian Air Shuttle ASA

Oslo Stock Exchange NAS.OL

Norwegian Air Shuttle ASA Interest Coverage Ratio for the year ending December 31, 2023: 3.11

Norwegian Air Shuttle ASA Interest Coverage Ratio is 3.11 for the year ending December 31, 2023, a 19.28% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Norwegian Air Shuttle ASA Interest Coverage Ratio for the year ending December 31, 2022 was 2.61, a -30.39% change year over year.
Norwegian Air Shuttle ASA Interest Coverage Ratio for the year ending December 31, 2021 was 3.75, a 151.91% change year over year.
Norwegian Air Shuttle ASA Interest Coverage Ratio for the year ending December 31, 2020 was -7.22, a -1,665.10% change year over year.
Norwegian Air Shuttle ASA Interest Coverage Ratio for the year ending December 31, 2019 was 0.46, a 136.95% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

Oslo Stock Exchange: NAS.OL

Norwegian Air Shuttle ASA

CEO	Mr. Geir Magne Karlsen
IPO Date	Dec. 18, 2003
Location	Norway
Headquarters	OksenOeyveien 3
Employees	4,470
Sector	Consumer Discretionary
Industries Airlines Drones

Description

Norwegian Air Shuttle ASA, together with its subsidiaries, provides scheduled and charter airline services in Norway and internationally. As of December 31, 2021, the company operated a fleet of 70 aircraft. It is also involved in aircraft financing, leasing, and ownership activities; and cargo activities. Norwegian Air Shuttle ASA was founded in 1993 and is headquartered in Fornebu, Norway.

Key trends

Past 5 years