See more : Kerry Group plc (KRYAY) Income Statement Analysis – Financial Results
Complete financial analysis of Norwegian Air Shuttle ASA (NWARF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Norwegian Air Shuttle ASA, a leading company in the Airlines, Airports & Air Services industry within the Industrials sector.
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Norwegian Air Shuttle ASA (NWARF)
About Norwegian Air Shuttle ASA
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.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 25.54B | 18.87B | 5.07B | 9.10B | 43.52B | 40.27B | 30.95B | 26.05B | 22.49B | 19.54B | 15.58B | 12.86B | 10.53B | 8.41B | 7.31B | 6.23B | 4.23B | 2.94B | 1.97B | 1.21B | 958.61M | 386.48M |
| Cost of Revenue | 20.10B | 16.97B | 6.81B | 14.49B | 38.66B | 40.42B | 29.80B | 22.53B | 19.79B | 18.85B | 14.04B | 11.31B | 7.82B | 6.30B | 4.94B | 4.89B | 2.85B | 2.12B | 1.01B | 726.46M | 0.00 | 0.00 |
| Gross Profit | 5.44B | 1.90B | -1.75B | -5.40B | 4.86B | -152.20M | 1.15B | 3.52B | 2.70B | 691.90M | 1.54B | 1.55B | 2.71B | 2.10B | 2.37B | 1.33B | 1.37B | 823.69M | 966.23M | 483.60M | 958.61M | 386.48M |
| Gross Profit Ratio | 21.29% | 10.07% | -34.46% | -59.33% | 11.17% | -0.38% | 3.72% | 13.52% | 11.99% | 3.54% | 9.89% | 12.05% | 25.74% | 25.04% | 32.44% | 21.42% | 32.47% | 28.00% | 48.99% | 39.96% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 917.50M | 742.30M | 901.80M | 1.17B | 2.00B | 1.92B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.89B | -91.87M | -92.37M | 132.67M | 64.20M | 925.42M | 406.59M |
| Selling & Marketing | 716.30M | 576.50M | 165.30M | 274.20M | 1.07B | 878.50M | 946.07M | 758.70M | 612.29M | 469.11M | 339.38M | 274.95M | 198.93M | 0.00 | 0.00 | 0.00 | 94.16M | 92.89M | 75.11M | 88.05M | 0.00 | 0.00 |
| SG&A | 1.63B | 1.32B | 1.07B | 1.45B | 3.07B | 878.50M | 946.07M | 758.70M | 612.29M | 469.11M | 339.38M | 274.95M | 198.93M | 0.00 | 0.00 | 4.89B | 2.29M | 515.00K | 207.79M | 152.25M | 925.42M | 406.59M |
| Other Expenses | 1.57B | 1.19B | 710.00M | 1.11B | 1.78B | 695.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.64M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 3.20B | 2.50B | 1.78B | 2.55B | 4.85B | 2.70B | 2.93B | 2.28B | 1.88B | 1.52B | 1.07B | 809.29M | 2.60B | 1.89B | 1.80B | 6.56B | 1.24B | 854.20M | 936.95M | 642.15M | 1.02B | 460.27M |
| Cost & Expenses | 23.31B | 19.47B | 8.59B | 17.04B | 43.51B | 43.12B | 32.73B | 24.81B | 21.67B | 20.37B | 15.11B | 12.12B | 10.42B | 8.20B | 6.74B | 6.56B | 4.09B | 2.97B | 1.94B | 1.37B | 1.02B | 460.27M |
| Interest Income | 231.30M | 72.60M | 13.70M | 68.20M | 204.50M | 117.50M | 71.30M | 43.63M | 74.18M | 196.27M | 149.66M | 47.54M | 35.67M | 0.00 | 0.00 | 0.00 | 21.83M | 6.80M | 4.01M | 4.33M | 3.75M | 2.44M |
| Interest Expense | 848.00M | 650.00M | 682.30M | 2.69B | 3.11B | 1.16B | 958.62M | 685.99M | 463.35M | 447.24M | 256.70M | 118.85M | 70.25M | 0.00 | 0.00 | 0.00 | 19.14M | 609.00K | 648.00K | 844.00K | 0.00 | 0.00 |
| Depreciation & Amortization | 3.53B | 1.85B | 1.27B | 6.20B | 6.46B | 1.67B | 1.41B | 1.30B | 1.13B | 748.14M | 529.83M | 385.24M | 293.95M | 186.71M | 148.88M | 129.61M | 74.04M | 51.07M | 29.32M | 19.00M | 34.37M | 5.81M |
| EBITDA | 6.19B | 933.80M | -1.92B | -13.23B | 6.92B | 337.00M | -198.50M | 2.89B | 1.67B | -618.29M | 1.22B | 1.13B | 530.74M | 396.88M | 720.75M | -208.24M | 208.00M | 19.97M | 68.90M | -132.61M | -23.82M | -67.98M |
| EBITDA Ratio | 24.22% | 4.95% | -37.95% | -35.25% | 15.91% | 3.56% | -1.26% | 11.10% | 11.95% | 0.20% | 6.22% | 11.10% | 3.84% | 4.72% | 9.86% | -3.34% | 4.62% | 0.68% | 3.49% | -10.87% | -2.49% | -17.59% |
| Operating Income | 2.23B | -468.50M | -2.79B | -23.77B | 467.00M | -3.85B | -2.00B | 1.82B | 347.78M | -1.41B | 969.66M | 403.45M | 415.93M | 210.17M | 571.87M | -337.85M | 133.95M | -30.51M | 29.28M | -159.60M | -58.19M | -73.79M |
| Operating Income Ratio | 8.74% | -2.48% | -54.97% | -261.32% | 1.07% | -9.56% | -6.47% | 6.99% | 1.55% | -7.22% | 6.22% | 3.14% | 3.95% | 2.50% | 7.82% | -5.43% | 3.17% | -1.04% | 1.48% | -13.19% | -6.07% | -19.09% |
| Total Other Income/Expenses | -428.20M | -455.80M | 4.66B | 1.64B | -2.54B | 1.36B | -560.10M | -312.05M | -272.74M | -216.51M | -532.28M | 225.33M | -249.39M | 32.93M | 51.17M | 343.19M | -20.97M | -1.20M | 9.66M | 7.14M | 15.44M | 21.93M |
| Income Before Tax | 1.80B | 1.05B | 1.88B | -22.13B | -1.69B | -2.49B | -2.56B | 1.51B | 75.04M | -1.63B | 437.38M | 623.18M | 166.54M | 243.10M | 623.04M | 5.34M | 112.98M | -31.71M | 38.94M | -152.46M | -42.75M | -51.86M |
| Income Before Tax Ratio | 7.06% | 5.55% | 37.02% | -243.34% | -3.88% | -6.18% | -8.28% | 5.79% | 0.33% | -8.33% | 2.81% | 4.85% | 1.58% | 2.89% | 8.52% | 0.09% | 2.67% | -1.08% | 1.97% | -12.60% | -4.46% | -13.42% |
| Income Tax Expense | 66.90M | 41.00M | 5.50M | 906.80M | -78.50M | -1.04B | -768.50M | 373.35M | -171.11M | -557.28M | 115.82M | 166.54M | 44.42M | 72.21M | 176.79M | 1.39M | 28.40M | -9.71M | 10.96M | -42.62M | 16.27M | 19.89M |
| Net Income | 1.74B | 1.01B | 1.87B | -23.04B | -1.61B | -1.46B | -1.79B | 1.14B | 246.15M | -1.07B | 321.56M | 456.65M | 122.13M | 170.88M | 446.25M | 3.94M | 84.58M | -22.00M | 27.98M | -109.84M | -42.75M | -51.86M |
| Net Income Ratio | 6.80% | 5.33% | 36.91% | -253.31% | -3.70% | -3.63% | -5.80% | 4.36% | 1.09% | -5.47% | 2.06% | 3.55% | 1.16% | 2.03% | 6.11% | 0.06% | 2.00% | -0.75% | 1.42% | -9.08% | -4.46% | -13.42% |
| EPS | 1.43 | 0.99 | 3.58 | -477.22 | -587.67 | -923.80 | -7.75K | 847.35 | 186.55 | -811.96 | 244.20 | 349.08 | 94.21 | 132.64 | 347.21 | 4.00 | 100.61 | -30.40 | 40.83 | -160.85 | -108.12 | -200.19 |
| EPS Diluted | 1.43 | 0.82 | 2.68 | -477.22 | -587.67 | -923.80 | -7.75K | 847.35 | 186.55 | -797.78 | 244.20 | 349.08 | 94.21 | 129.97 | 344.01 | 4.00 | 100.61 | -30.17 | 40.83 | -159.57 | -108.12 | -200.19 |
| Weighted Avg Shares Out | 1.13B | 929.58M | 522.79M | 48.28M | 2.74M | 1.58M | 231.47K | 1.34M | 1.32M | 1.32M | 1.32M | 1.31M | 1.30M | 1.28M | 1.22M | 956.46K | 756.74K | 723.64K | 685.11K | 682.88K | 395.34K | 259.05K |
| Weighted Avg Shares Out (Dil) | 1.13B | 1.13B | 698.55M | 48.28M | 2.74M | 1.58M | 231.47K | 1.35M | 1.33M | 1.34M | 1.34M | 1.32M | 1.32M | 1.31M | 1.25M | 1.02M | 780.53K | 729.03K | 686.34K | 688.35K | 395.34K | 259.05K |
Norwegian Air Shuttle: The Mega Shrink Is Complete
Norwegian has successfully reduced its fleet. Power-by-the-hour contracts provide significant flexibility for the time being.
Wizz Air acquires Gatwick slots from Norwegian Air Shuttle
Wizz Air Holdings (AIM:WIZZ) Plc announced it bought 15 daily slot pairs at Gatwick Airport from Norwegian Air Shuttle. The European budget airline also said it will base four additional Airbus A321neo aircraft at Gatwick as a result, subsequently giving it a...
Norwegian Air Shuttle ASA (NWARF) CEO Geir Karlsen on Q3 2021 Results - Earnings Call Transcript
Norwegian Air Shuttle ASA (NWARF) CEO Geir Karlsen on Q3 2021 Results - Earnings Call Transcript
Norwegian Air's Q3 revenue rises as travel picks up
Norwegian Air reported a 68% year-on-year rise in third-quarter revenue on Thursday as travel in Europe gradually recovers from the pandemic.
Norwegian Air to lease 13 Boeing planes
Budget carrier Norwegian Air has agreed to lease up to 13 Boeing aircraft in anticipation of higher demand for travel next summer, it said on Wednesday.
Norwegian Air Shuttle ASA (NWARF) CEO Geir Karlsen on Q2 2020 Results - Earnings Call Transcript
Norwegian Air Shuttle ASA (NWARF) CEO Geir Karlsen on Q2 2020 Results - Earnings Call Transcript
Norwegian Air hopeful of travel rebound but keeps cautious stance
Norwegian Air forecast its bookings will rise in the months ahead as European travel resumes with the lifting of COVID-19 curbs, but the budget carrier refrained from providing financial outlook for 2021, citing uncertainty.
Norwegian Air showed poor judgement in making bonus payments, minister says
Budget carrier Norwegian Air showed poor judgement when it paid bonuses to top management just weeks after emerging from government-backed bankruptcy proceedings, Norway's industry minister said on Tuesday.
Norwegian Airlines Presses Eject Button On CEO And Moves CFO To The Post
Norwegian has made it through some incredibly arduous times which it faced even before the Covid crisis kicked off. It has recently exited both Irish and Norwegian bankruptcy protection and successfully raised a buffer of new capital.
Norwegian Air appoints Karlsen new CEO with immediate effect
Norwegian budget airline Norwegian Air has appointed its chief financial officer Geir Karlsen as new chief executive with immediate effect, succeeding Jacob Schram, it announced on Monday.
Source: https://incomestatements.info
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