Norwegian Air Shuttle ASA (NAS) — Tangible Net Worth Ratio
Norwegian Air Shuttle ASA (NAS) has a Tangible Net Worth Ratio of 60.2% as of June 2025. This metric is calculated by deducting intangible assets (Nkr2.36 Billion) from net assets (Nkr5.91 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Norwegian Air Shuttle ASA (NAS) equity growth momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Norwegian Air Shuttle ASA Tangible Net Worth Ratio (2002–2024)
This chart shows how Norwegian Air Shuttle ASA's Tangible Net Worth Ratio has changed across 22 annual periods from 2002 to 2024. As of June 2025, the ratio stands at 60.2%, reflecting net assets of Nkr5.91 Billion with intangible assets of Nkr2.36 Billion NOK. For live market cap and overall valuation, see Norwegian Air Shuttle ASA market capitalisation.
Annual Tangible Net Worth Ratio for Norwegian Air Shuttle ASA (2002–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Norwegian Air Shuttle ASA from 2002 to 2024, covering 22 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore Norwegian Air Shuttle ASA capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (NOK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 94.8% | Nkr7.24 Billion | Nkr374.40 Million | Nkr37.60 Billion | ▼ -2.3 pp |
| 2023 | 97.1% | Nkr5.77 Billion | Nkr167.00 Million | Nkr30.55 Billion | ▼ -0.6 pp |
| 2022 | 97.7% | Nkr4.20 Billion | Nkr95.10 Million | Nkr22.67 Billion | ▲ +0.4 pp |
| 2021 | 97.4% | Nkr3.27 Billion | Nkr86.20 Million | Nkr18.83 Billion | ▼ -0.1 pp |
| 2019 | 97.5% | Nkr4.12 Billion | Nkr104.20 Million | Nkr85.34 Billion | ▲ +4.4 pp |
| 2018 | 93.1% | Nkr1.70 Billion | Nkr118.30 Million | Nkr55.99 Billion | ▼ -1.8 pp |
| 2017 | 94.9% | Nkr2.10 Billion | Nkr107.40 Million | Nkr43.52 Billion | ▼ -2.5 pp |
| 2016 | 97.4% | Nkr4.05 Billion | Nkr104.28 Million | Nkr37.76 Billion | ▲ +1.2 pp |
| 2015 | 96.2% | Nkr2.97 Billion | Nkr112.52 Million | Nkr31.63 Billion | ▲ +1.5 pp |
| 2014 | 94.7% | Nkr2.11 Billion | Nkr112.67 Million | Nkr22.71 Billion | ▼ -0.6 pp |
| 2013 | 95.2% | Nkr2.75 Billion | Nkr131.11 Million | Nkr14.76 Billion | ▲ +1.2 pp |
| 2012 | 94.1% | Nkr2.42 Billion | Nkr143.62 Million | Nkr11.92 Billion | ▲ +6.2 pp |
| 2011 | 87.9% | Nkr1.95 Billion | Nkr236.22 Million | Nkr9.00 Billion | ▼ -0.4 pp |
| 2010 | 88.3% | Nkr1.80 Billion | Nkr210.29 Million | Nkr6.62 Billion | ▲ +0.2 pp |
| 2009 | 88.1% | Nkr1.60 Billion | Nkr190.54 Million | Nkr5.02 Billion | ▲ +10.2 pp |
| 2008 | 77.9% | Nkr897.37 Million | Nkr198.07 Million | Nkr3.18 Billion | ▲ +0.7 pp |
| 2007 | 77.2% | Nkr508.27 Million | Nkr115.95 Million | Nkr2.33 Billion | ▼ -10.1 pp |
| 2006 | 87.2% | Nkr260.73 Million | Nkr33.24 Million | Nkr1.06 Billion | ▲ +9.8 pp |
| 2005 | 77.4% | Nkr141.59 Million | Nkr31.95 Million | Nkr675.82 Million | ▼ -4.7 pp |
| 2004 | 82.1% | Nkr158.27 Million | Nkr28.27 Million | Nkr455.91 Million | ▲ +6.0 pp |
| 2003 | 76.1% | Nkr263.53 Million | Nkr62.98 Million | Nkr524.49 Million | ▲ +21.7 pp |
| 2002 | 54.4% | Nkr71.16 Million | Nkr32.42 Million | Nkr220.37 Million | — |