Vår Energi ASA (OSL:VAR)
Norway flag Norway · Delayed Price · Currency is NOK
47.20
-0.10 (-0.21%)
Jul 31, 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
10,7618,0967,4506,8509,8286,073
Revenue Growth
47.93%8.66%8.77%-30.30%61.83%109.85%
Gross Profit
9,2876,8016,0475,7128,6844,932
Operating Income
5,5684,1853,7903,5176,3693,059
Net Income
1,319785.2311.5610.23936.4654.36
Earnings Per Share
0.520.310.110.240.381556.00
EPS Growth
108.00%181.82%-54.17%-36.84%-99.98%-

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
-1.44-2.20-2.03-1.01-1.09-12351.07

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
5,6524,6073,4083,4205,6824,438
Capital Expenditures
-2,662-2,820-2,875-2,641-2,593-2,585
Free Cash Flow
2,9901,787533.4779.243,0891,854
Free Cash Flow Growth
195.46%235.10%-31.55%-74.77%66.62%-

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
86.30%84.00%81.17%83.39%88.37%81.21%
Operating Margin
51.74%51.69%50.88%51.34%64.81%50.37%
Pretax Margin
52.20%53.20%44.47%49.01%59.59%43.58%
Profit Margin
11.27%10.46%4.39%8.91%9.53%10.78%
FCF Margin
27.78%22.08%7.16%11.38%31.43%30.53%

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
-1.45%15.49%-7.04%5.01%-
Dividend Yield
10.35%14.28%13.89%14.19%8.19%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
9.0910.5928.3113.059.97-
Forward PE
9.889.457.445.934.58-
P/FCF Ratio
3.984.5814.5710.043.06-
PS Ratio
1.121.011.041.140.96-