Norse Atlantic ASA (NORSE) — Defensive Interval Ratio
Norse Atlantic ASA (NORSE) has a Defensive Interval Ratio of 43 days as of December 2025. Defensive assets of Nkr41.67 Million (cash Nkr17.55 Million, short-term investments Nkr-, receivables Nkr24.12 Million) cover 43 days of daily cash needs of Nkr973.80K/day. Check NORSE tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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 December 2025, the ratio stands at 43 days, meaning defensive assets of Nkr41.67 Million can fund 43 days of operations without new revenue. Also explore net asset momentum of Norse Atlantic ASA to track the company's year-over-year net asset growth rate.
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 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- | — |