Norse Atlantic ASA (NORSE) - Total Liabilities
Based on the latest financial reports, Norse Atlantic ASA (NORSE) has total liabilities worth Nkr1.17 Billion NOK (≈ $123.31 Million USD) as of December 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Norse Atlantic ASA - Total Liabilities Trend (2020–2025)
This chart illustrates how Norse Atlantic ASA's total liabilities have evolved over time, based on quarterly financial data. See Norse Atlantic ASA (NORSE) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Norse Atlantic ASA Competitors by Total Liabilities
The table below lists competitors of Norse Atlantic ASA ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Gauzy Ltd. Ordinary Shares
NASDAQ:GAUZ
|
USA | $118.95 Million |
|
Precise Biometrics AB
ST:PREC
|
Sweden | Skr43.10 Million |
|
Rajnandini Metal Limited
NSE:RAJMET
|
India | Rs593.90 Million |
|
Breedon Group PLC
LSE:BREE
|
UK | GBX1.21 Billion |
|
Orissa Bengal Carrier Limited
NSE:OBCL
|
India | Rs712.23 Million |
|
Zhibao Technology Inc. Class A Ordinary Shares
NASDAQ:ZBAO
|
USA | $33.43 Million |
|
TwentyFour Income Fund Ltd
LSE:TFIF
|
UK | GBX26.16 Million |
|
South Malaysia Industries Bhd
KLSE:4375
|
Malaysia | RM28.58 Million |
Liability Composition Analysis (2020–2025)
This chart breaks down Norse Atlantic ASA's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see NORSE market cap overview.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.39 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | 0.05 | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | -4.51 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 1.29 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Norse Atlantic ASA's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Norse Atlantic ASA (2020–2025)
The table below shows the annual total liabilities of Norse Atlantic ASA from 2020 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | Nkr1.17 Billion ≈ $123.31 Million |
-5.63% |
| 2024-12-31 | Nkr1.24 Billion ≈ $130.67 Million |
+5.88% |
| 2023-12-31 | Nkr1.17 Billion ≈ $123.42 Million |
+8.63% |
| 2022-12-31 | Nkr1.08 Billion ≈ $113.62 Million |
+795.57% |
| 2021-12-31 | Nkr120.56 Million ≈ $12.69 Million |
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| 2020-12-31 | Nkr0.00 ≈ $0.00 |
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About Norse Atlantic ASA
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.