Norse Atlantic ASA (NORSE) — Defensive Interval Ratio

Latest as of March 2026: 22 days

Norse Atlantic ASA (NORSE) has a Defensive Interval Ratio of 22 days as of March 2026. Defensive assets of Nkr22.03 Million (cash Nkr-, short-term investments Nkr-, receivables Nkr22.03 Million) cover 22 days of daily cash needs of Nkr989.18K/day. See NORSE net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

22 days
Days of operational coverage

Defensive Assets

Nkr22.03 Million
Cash + ST Investments + Receivables

Daily Cash Need

Nkr989.18K
Current Liabilities ÷ 365

Current Liabilities

Nkr361.05 Million
NOK

Norse Atlantic ASA Defensive Interval Ratio (2021–2025)

This chart shows how Norse Atlantic ASA's Defensive Interval Ratio has evolved across 5 annual periods from 2021 to 2025. As of March 2026, the ratio stands at 22 days, meaning defensive assets of Nkr22.03 Million can fund 22 days of operations without new revenue. See debt-free asset ratio of Norse Atlantic ASA to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Norse Atlantic ASA (2021–2025)

The table below presents the year-by-year Defensive Interval Ratio for Norse Atlantic ASA from 2021 to 2025, covering 5 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Norse Atlantic ASA (NORSE) market capitalisation.

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2025 43 days Nkr41.57 Million Nkr973.80K/day Nkr17.55 Million Nkr- ▼ -111 days
2024 154 days Nkr134.77 Million Nkr876.35K/day Nkr22.86 Million Nkr- ▼ -87 days
2023 240 days Nkr140.11 Million Nkr582.94K/day Nkr54.83 Million Nkr20.97 Million ▼ -94 days
2022 335 days Nkr99.46 Million Nkr297.04K/day Nkr64.71 Million Nkr- ▼ -20494 days
2021 20829 days Nkr134.96 Million Nkr6.48K/day Nkr134.25 Million Nkr-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)