Norse Atlantic ASA

OTCQX:NRSAF USA Airlines
Market Cap
$88.58 Million
Market Cap Rank
#22573 Global
#7974 in USA
Share Price
$0.54
Change (1 day)
-4.24%
52-Week Range
$0.51 - $0.57
All Time High
$8.08
About

Norse Atlantic ASA provides long-haul airline services in Norway, the United Kingdom, rest of Europe, the United States, and internationally. The company serves a scheduled network across destinations. It also engages in leasing of aircraft. The company was incorporated in 2021 and is headquartered in Arendal, Norway.

Market Cap & Net Worth: Norse Atlantic ASA (NRSAF)

Norse Atlantic ASA (OTCQX:NRSAF) has a market capitalization of $88.58 Million ($88.58 Million) as of March 19, 2026. Listed on the OTCQX stock exchange, this USA-based company holds position #22573 globally and #7974 in its home market, demonstrating a 0.00% increase in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Norse Atlantic ASA's stock price $0.54 by its total outstanding shares 162582658 (162.58 Million).

Norse Atlantic ASA Market Cap History: 2021 to 2025

Norse Atlantic ASA's market capitalization history from 2021 to 2025. Data shows change from $1.30 Billion to $88.58 Million (-53.13% CAGR).

Norse Atlantic ASA Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Norse Atlantic ASA's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

0.12x

Norse Atlantic ASA's market cap is 0.12 times its annual revenue

Industry average:
0.09x
Higher than industry average

Latest Price to Earnings (P/E) Ratio

N/A

P/E ratio not applicable due to negative or zero earnings

What These Ratios Tell Investors:
  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2021 $1.30 Billion $2.97 Million -$7.00 Million 437.49x N/A
2022 $145.67 Million $104.27 Million -$174.97 Million 1.40x N/A
2023 $181.52 Million $439.44 Million -$168.75 Million 0.41x N/A
2024 $55.28 Million $588.11 Million -$135.45 Million 0.09x N/A
2025 $88.58 Million $734.04 Million -$61.94 Million 0.12x N/A

Competitor Companies of NRSAF by Market Capitalization

Companies near Norse Atlantic ASA in the global market cap rankings as of March 19, 2026.

Key companies related to Norse Atlantic ASA by market ranking:

  • Delta Air Lines Inc (NYSE:DAL): Ranked #563 globally with a market cap of $37.84 Billion USD.
  • United Airlines Holdings Inc (NASDAQ:UAL): Ranked #677 globally with a market cap of $30.25 Billion USD.
  • Southwest Airlines Company (NYSE:LUV): Ranked #1084 globally with a market cap of $18.03 Billion USD.
  • LATAM Airlines Group S.A. (NYSE:LTM): Ranked #1099 globally with a market cap of $17.64 Billion USD.

Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#563 Delta Air Lines Inc NYSE:DAL $37.84 Billion $64.83
#677 United Airlines Holdings Inc NASDAQ:UAL $30.25 Billion $93.19
#1084 Southwest Airlines Company NYSE:LUV $18.03 Billion $41.12
#1099 LATAM Airlines Group S.A. NYSE:LTM $17.64 Billion $50.15

Norse Atlantic ASA Historical Marketcap From 2021 to 2025

Between 2021 and today, Norse Atlantic ASA's market cap moved from $1.30 Billion to $ 88.58 Million, with a yearly change of -53.13%.

Year Market Cap Change (%)
2025 $88.58 Million +60.24%
2024 $55.28 Million -69.55%
2023 $181.52 Million +24.61%
2022 $145.67 Million -88.80%
2021 $1.30 Billion --

End of Day Market Cap According to Different Sources

On Mar 18th, 2026 the market cap of Norse Atlantic ASA was reported to be:

Source Market Cap
Yahoo Finance $88.58 Million USD
MoneyControl $88.58 Million USD
MarketWatch $88.58 Million USD
marketcap.company $88.58 Million USD
Reuters $88.58 Million USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.