Vår Energi AS (FRA:J4V)

Vår Energi AS Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	7,151	7,372	6,816	9,781	6,043	2,869
Other Revenue	-0.1	-	-0	-	-	-
Revenue	7,151	7,372	6,816	9,781	6,043	2,869
Revenue Growth (YoY)	-0.36%	8.16%	-30.31%	61.84%	110.67%	1.29%
Cost of Revenue	1,230	1,269	1,009	1,020	1,039	960.44
Gross Profit	5,921	6,103	5,807	8,760	5,004	1,908
Other Operating Expenses	347.77	377.07	357.28	308.16	279.75	212
Operating Expenses	2,096	2,498	2,192	2,250	2,041	1,976
Operating Income	3,825	3,606	3,614	6,510	2,963	-67.73
Interest Expense	-0.36	-0.36	-20.76	-25.9	-175.74	-166.1
Interest & Investment Income	25.03	25.03	11.32	9.5	-	32.26
Currency Exchange Gain (Loss)	165.66	-370.44	-46.7	-397.04	-142.37	286.96
Other Non Operating Income (Expenses)	-41.79	-15.89	-4.71	-5.25	0.99	-29.79
EBT Excluding Unusual Items	3,973	3,244	3,554	6,092	2,645	55.6
Merger & Restructuring Charges	-2.83	-17.13	-11.64	-	-	-
Impairment of Goodwill	-221.24	-126.64	-	-235.91	-203.06	-2,009
Gain (Loss) on Sale of Assets	40.26	43.26	15.33	0.3	2.23	1.04
Asset Writedown	179.15	135.15	-200.3	-0	202.08	-168.65
Legal Settlements	-	-	-	-	-	-18.57
Other Unusual Items	-24.52	34.48	-	-	-	-63.97
Pretax Income	3,944	3,313	3,357	5,856	2,647	-2,204
Income Tax Expense	3,270	2,986	2,747	4,919	1,992	-577.38
Net Income to Company	-	327.11	610.23	936.4	654.36	-1,627
Net Income	674.81	327.11	610.23	936.4	654.36	-1,627
Preferred Dividends & Other Adjustments	64.21	61.81	8.22	-	-	-
Net Income to Common	610.6	265.3	602.01	936.4	654.36	-1,627
Net Income Growth	5.59%	-46.40%	-34.83%	43.10%	-	-
Shares Outstanding (Basic)	2,496	2,496	2,496	2,496	2,496	2,494
Shares Outstanding (Diluted)	2,496	2,496	2,496	2,496	2,496	2,494
Shares Change (YoY)	-	-	-0.02%	-	0.11%	-0.11%
EPS (Basic)	0.24	0.11	0.24	0.38	0.26	-0.65
EPS (Diluted)	0.24	0.11	0.24	0.38	0.26	-0.65
EPS Growth	1.55%	-55.93%	-35.70%	44.27%	-	-
Free Cash Flow	1,012	533.48	779.24	3,089	1,995	-68
Free Cash Flow Per Share	0.41	0.21	0.31	1.24	0.80	-0.03
Dividend Per Share	0.441	0.420	0.452	0.430	-	-
Dividend Growth	-5.35%	-7.04%	5.01%	-	-	-
Gross Margin	82.80%	82.79%	85.19%	89.57%	82.80%	66.52%
Operating Margin	53.49%	48.91%	53.03%	66.56%	49.02%	-2.36%
Profit Margin	8.54%	3.60%	8.83%	9.57%	10.83%	-56.70%
Free Cash Flow Margin	14.15%	7.24%	11.43%	31.58%	33.02%	-2.37%
EBITDA	5,582	5,747	5,482	8,053	4,734	1,702
EBITDA Margin	78.06%	77.96%	80.42%	82.34%	78.34%	59.32%
D&A For EBITDA	1,757	2,142	1,867	1,543	1,772	1,769
EBIT	3,825	3,606	3,614	6,510	2,963	-67.73
EBIT Margin	53.49%	48.91%	53.03%	66.56%	49.02%	-2.36%
Effective Tax Rate	82.89%	90.13%	81.82%	84.01%	75.28%	-
Revenue as Reported	7,275	7,450	6,850	9,828	6,073	2,894

Source: S&P Global Market Intelligence. Standard template. Financial Sources.