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. See shareholders equity of Norwegian Air Shuttle ASA for net asset value and shareholders' equity analysis.
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. Also explore NAS net asset momentum to track the company's year-over-year net asset growth rate.
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. For the full company profile including market capitalisation, see market cap of Norwegian Air Shuttle ASA.
| 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 | — |