Norse Atlantic ASA (OSL:NORSE) Revenue: kr7,649 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSL:NORSE Norse Atlantic ASA OSL:NORSE
29 GF Score
Price kr0.40
GF Value kr3.32
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Norse Atlantic ASA Revenue?

Norse Atlantic ASA OSL:NORSE -1.23% 29 Revenue is kr7,649 Mil as of Mar. 2026. GuruFocus rates OSL:NORSE with a GF Score™ of 29/100 and a GF Value™ of kr3.32 (Possible Value Trap). The stock has 3 warning signs investors should review.

Norse Atlantic ASA's revenue for the three months ended in Mar. 2026 was kr1,548 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2026 was kr7,649 Mil. Norse Atlantic ASA's Revenue per Share for the three months ended in Mar. 2026 was kr5.24. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was kr26.57.

Warning Sign:

Norse Atlantic ASA revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Norse Atlantic ASA was -3.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was 0.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 5 years, Norse Atlantic ASA's highest 3-Year average Revenue per Share Growth Rate was 0.30% per year. The lowest was 0.30% per year. And the median was 0.30% per year.


Norse Atlantic ASA  (OSL:NORSE) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Norse Atlantic ASA Revenue Related Terms


Norse Atlantic ASA Revenue Historical Data

* Premium members only.

The historical data trend for Norse Atlantic ASA's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Norse Atlantic ASA Revenue Chart

Norse Atlantic ASA Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Revenue
0.00 1,030.19 4,635.80 6,598.80 7,418.88

Norse Atlantic ASA Quarterly Data
Feb20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,337.97 2,036.33 2,484.08 1,580.02 1,548.41

OSL:NORSE vs DAL, UAL, LUV: Revenue Comparison

For the Airlines subindustry, Norse Atlantic ASA's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Norse Atlantic ASA Revenue vs Transportation Industry

For the Transportation industry and Industrials sector, Norse Atlantic ASA's Revenue distribution charts can be found below:

* The bar in red indicates where Norse Atlantic ASA's Revenue falls into.


OSL:NORSE
29GF Score
Norse Atlantic ASA OSL:NORSE
Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Norse Atlantic ASA Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr7,649 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Revenue →
What does a Revenue of kr7,649 Mil mean?
Norse Atlantic ASA (OSL:NORSE) has a Revenue of kr7,649 Mil as of Mar. 2026. Revenue is the total amount a company generates as sales through its operations. View historical data on Norse Atlantic ASA and its competitors.
Is Norse Atlantic ASA's Revenue too high?
Norse Atlantic ASA's current Revenue is kr7,649 Mil. Overall, Norse Atlantic ASA has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Norse Atlantic ASA's Revenue compare to DAL and UAL?
Norse Atlantic ASA's Revenue of kr7,649 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Revenue for a Transportation company?
A good Revenue depends on the Transportation industry context. However, Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Revenue mean?
A high Revenue can signal that a stock is expensive relative to its fundamentals. Revenue is the total amount a company generates as sales through its operations. View historical data on Norse Atlantic ASA and its competitors. Norse Atlantic ASA's current Revenue is kr7,649 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norse Atlantic ASA stock overvalued right now?
Based on GuruFocus' analysis, Norse Atlantic ASA (OSL:NORSE) is currently considered Possible Value Trap. The stock's GF Value™ is kr3.32, compared to a current price of kr0.40 — trading 88% below its estimated fair value. The current Revenue is kr7,649 Mil. Norse Atlantic ASA's overall GF Score™ is 29/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Revenue calculated?
Revenue is calculated from a company's financial statements. For Norse Atlantic ASA (OSL:NORSE), the current Revenue is kr7,649 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Norse Atlantic ASA (OSL:NORSE) Overvalued in 2026?

Based on GuruFocus' analysis, Norse Atlantic ASA stock appears to be undervalued. The current stock price of kr0.40 is trading 88% below its estimated GF Value™ of kr3.32. GuruFocus considers Norse Atlantic ASA to be Possible Value Trap.

Key valuation signals for OSL:NORSE:

  • Revenue: kr7,649 Mil
  • GF Value™: kr3.32 vs. price of kr0.40 (88% below fair value)
  • GF Score™: 29/100 with 3 warning signs

No single metric tells the full story. See the OSL:NORSE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Norse Atlantic ASA Business Description

Address Floyveien 14, Arendal, NOR, 4838
Norse Atlantic ASA is an airline offering affordable fares on direct, long-haul flights to popular destinations, along with specialized charter and ACMI services for tailored travel needs and extensive cargo operations. It operates a modern fleet of various fuel-efficient Boeing 787 Dreamliners, serving a network of destinations across North America, Europe, Africa, and Asia. Norse also provides charter flights for third parties, particularly during the lower-demand winter season. The company derives the majority of its revenue from passenger airfare income, followed by ancillary passenger income, lease rentals, charter income, and other sources. Geographically, it generates maximum revenue from the United States, and the rest from the United Kingdom, the Rest of Europe, Norway, and India.
29GF Score

Get the complete analysis for OSL:NORSE

Revenue is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr0.40
Price
kr3.32
GF Value