Vår Energi ASA (OSL:VAR)
Norway flag Norway · Delayed Price · Currency is NOK
49.69
-1.89 (-3.66%)
Aug 21, 2026, 4:29 PM CET

Vår Energi ASA Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
10,6677,9667,3726,8169,7816,043
Revenue Growth
49.17%8.05%8.16%-30.31%61.84%110.67%
Gross Profit
9,3996,8496,1035,8078,7605,004
Operating Income
5,9904,2013,6063,6146,5102,963
Net Income
1,308780.2265.3602.01936.4654.36
Earnings Per Share
0.520.310.110.240.380.26
EPS Growth
114.17%194.08%-55.93%-35.70%44.27%-

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Crude Oil
7,2585,2744,5583,7824,6693,448
Gas
3,0362,4572,4282,8154,7322,227
NGL
383.7235378.75219.12379.17367.89
Hedge
--7.78---
Revenue (Total)
10,7618,0967,4506,8509,8286,073

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
2,505699.9278.9734.91444.61223.59
Total Debt
6,1076,1905,3493,2643,1655,152
Net Cash (Debt)
-3,602-5,490-5,070-2,529-2,721-4,928
Net Cash Growth
------
Net Cash Per Share
-1.44-2.20-2.03-1.01-1.09-1.97

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
5,6514,6073,4083,4205,6824,580
Capital Expenditures
-2,662-2,820-2,875-2,641-2,593-2,585
Free Cash Flow
2,9901,787533.4779.243,0891,995
Free Cash Flow Growth
195.53%235.10%-31.55%-74.77%54.80%-

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
88.11%85.98%82.79%85.19%89.57%82.80%
Operating Margin
56.15%52.74%48.91%53.03%66.56%49.02%
Pretax Margin
52.66%54.06%44.94%49.25%59.87%43.79%
Profit Margin
12.26%9.79%3.60%8.83%9.57%10.83%
FCF Margin
28.03%22.44%7.23%11.43%31.58%33.02%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22
Dividend Per Share
4.8870.4850.4200.4520.430
Dividend Per Share Growth
0.51%15.49%-7.04%5.01%-
Dividend Yield
9.84%16.14%17.11%20.64%21.30%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
9.5710.4729.2313.159.09-
Forward PE
10.609.457.445.934.58-
P/FCF Ratio
4.194.5714.5410.162.76-
PS Ratio
1.171.031.051.160.87-