Norse Atlantic ASA
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Norse Atlantic ASA generated cash of -$20,558,000, which is more than the previous year. Cash used in financing activities reached the amount of $1,925,000 last year. Net change in cash is therefore -$25,379,000.
Cash Flow
| 2021 | -5.57M | -24.41M | 163.50M |
|---|---|---|---|
| 2022 | -68.63M | -24.95M | 22.58M |
| 2023 | -20.55M | -7.33M | 1.92M |
NORSE.OL Cash Flow Statement (2021 – 2023)
| 2023 | 2022 | 2021 | |
|---|---|---|---|
Cash at beginning of period | 64.70M | 134.25M | 0 |
Operating activities | |||
Net income | -168.60M | -174.97M | -6.99M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||
Depreciation and amortization | 84.10M | 58.51M | 315K |
Stock-based compensation expense | 309K | 0 | 0 |
| Deferred income tax benefit | 309K | 0 | 0 |
| Changes in operating assets and liabilities: | |||
Accounts receivable, net | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 |
Cash generated by operating activities | -20.55M | -68.63M | -5.57M |
Investing activities | |||
Purchases Of Investments | -3.37M | -8.70M | -962K |
Investments In Property Plant And Equipment | -3.96M | -1.60M | -2.41M |
Acquisitions Net | 0 | 0 | 0 |
Cash generated by investing activities | -7.33M | -24.95M | -24.41M |
Financing activities | |||
Common Stock Issued | 68.20M | 28.92M | 163.58M |
Payments for dividends | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 |
Repayments of term debt | 0 | 0 | 0 |
Cash used in financing activities | 1.92M | 22.58M | 163.50M |
Net Change In Cash | -25.37M | -69.54M | 134.25M |
Cash at end of period | 39.33M | 64.70M | 134.25M |
| Data source | Data source | Data source |