Norwegian Air Shuttle ASA (NAS) — Net Asset Quality Index
Norwegian Air Shuttle ASA (NAS) has a Net Asset Quality Index of 13.4% as of June 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Nkr44.19 Billion minus total liabilities of Nkr38.28 Billion yields net assets of Nkr5.91 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See Norwegian Air Shuttle ASA liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Norwegian Air Shuttle ASA Net Asset Quality Index Over Time (2002–2024)
This chart shows how Norwegian Air Shuttle ASA's Net Asset Quality Index has evolved across 23 annual periods from 2002 to 2024. As of June 2025, the index stands at 13.4%, representing net assets of Nkr5.91 Billion against total assets of Nkr44.19 Billion NOK. Explore how efficiently does Norwegian Air Shuttle ASA generate cash to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Norwegian Air Shuttle ASA (2002–2024)
The table below presents the year-by-year Net Asset Quality Index for Norwegian Air Shuttle ASA from 2002 to 2024, covering 23 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Norwegian Air Shuttle ASA stock valuation.
| Year | Quality Index | Net Assets (NOK) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 19.3% | Nkr7.24 Billion | Nkr37.60 Billion | Nkr30.36 Billion | ▲ +0.4 pp |
| 2023 | 18.9% | Nkr5.77 Billion | Nkr30.55 Billion | Nkr24.78 Billion | ▲ +0.4 pp |
| 2022 | 18.5% | Nkr4.20 Billion | Nkr22.67 Billion | Nkr18.47 Billion | ▲ +1.2 pp |
| 2021 | 17.4% | Nkr3.27 Billion | Nkr18.83 Billion | Nkr15.56 Billion | ▲ +30.7 pp |
| 2020 | -13.4% | Nkr-6.62 Billion | Nkr49.55 Billion | Nkr56.18 Billion | ▼ -18.2 pp |
| 2019 | 4.8% | Nkr4.12 Billion | Nkr85.34 Billion | Nkr81.22 Billion | ▲ +1.8 pp |
| 2018 | 3.0% | Nkr1.70 Billion | Nkr55.99 Billion | Nkr54.28 Billion | ▼ -1.8 pp |
| 2017 | 4.8% | Nkr2.10 Billion | Nkr43.52 Billion | Nkr41.42 Billion | ▼ -5.9 pp |
| 2016 | 10.7% | Nkr4.05 Billion | Nkr37.76 Billion | Nkr33.71 Billion | ▲ +1.3 pp |
| 2015 | 9.4% | Nkr2.97 Billion | Nkr31.63 Billion | Nkr28.67 Billion | ▲ +0.1 pp |
| 2014 | 9.3% | Nkr2.11 Billion | Nkr22.71 Billion | Nkr20.60 Billion | ▼ -9.3 pp |
| 2013 | 18.6% | Nkr2.75 Billion | Nkr14.76 Billion | Nkr12.01 Billion | ▼ -1.7 pp |
| 2012 | 20.3% | Nkr2.42 Billion | Nkr11.92 Billion | Nkr9.50 Billion | ▼ -1.3 pp |
| 2011 | 21.6% | Nkr1.95 Billion | Nkr9.00 Billion | Nkr7.06 Billion | ▼ -5.5 pp |
| 2010 | 27.1% | Nkr1.80 Billion | Nkr6.62 Billion | Nkr4.82 Billion | ▼ -4.8 pp |
| 2009 | 31.9% | Nkr1.60 Billion | Nkr5.02 Billion | Nkr3.42 Billion | ▲ +3.7 pp |
| 2008 | 28.2% | Nkr897.37 Million | Nkr3.18 Billion | Nkr2.28 Billion | ▲ +6.4 pp |
| 2007 | 21.8% | Nkr508.27 Million | Nkr2.33 Billion | Nkr1.82 Billion | ▼ -2.7 pp |
| 2006 | 24.6% | Nkr260.73 Million | Nkr1.06 Billion | Nkr801.22 Million | ▲ +3.6 pp |
| 2005 | 21.0% | Nkr141.59 Million | Nkr675.82 Million | Nkr534.24 Million | ▼ -13.8 pp |
| 2004 | 34.7% | Nkr158.27 Million | Nkr455.91 Million | Nkr297.63 Million | ▼ -15.5 pp |
| 2003 | 50.2% | Nkr263.53 Million | Nkr524.49 Million | Nkr260.95 Million | ▲ +18.0 pp |
| 2002 | 32.3% | Nkr71.16 Million | Nkr220.37 Million | Nkr149.22 Million | — |