Vår Energi AS (OSL: VAR)

Vår Energi AS Balance Sheet

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

Fiscal Year	TTM	2023	2022	2021	2020	2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	314.76	734.91	444.61	223.59	272.41	1,791
Cash & Short-Term Investments	314.76	734.91	444.61	223.59	272.41	1,791
Cash Growth	183.80%	65.30%	98.85%	-17.92%	-84.79%	-79.59%
Accounts Receivable	443.36	362.9	796.32	745.92	165.98	4,519
Other Receivables	108.89	102.04	67.78	-	522.85	544.05
Receivables	552.25	464.93	864.09	745.92	688.84	5,063
Inventory	240.81	251.5	265.81	301.33	283.2	1,730
Prepaid Expenses	71.67	53.44	30.67	8.31	24.42	41.84
Other Current Assets	204.67	154	114.84	193.5	217.52	5,371
Total Current Assets	1,384	1,659	1,720	1,473	1,486	13,997
Property, Plant & Equipment	16,909	15,311	14,738	15,487	15,728	112,065
Long-Term Investments	0.79	0.74	0.76	0.85	0.88	7.52
Goodwill	3,328	1,958	2,020	2,532	2,821	5,673
Other Intangible Assets	608.27	359.56	318.8	304.5	221.06	1,690
Other Long-Term Assets	12.1	0.75	0.53	1.81	2.69	70.2
Total Assets	22,243	19,289	18,797	19,799	20,260	133,503
Accounts Payable	370.35	328.95	368.59	422.16	252.8	2,226
Accrued Expenses	81.04	84.41	50.75	5.31	18.58	380.33
Current Portion of Long-Term Debt	-	-	500	333.15	-	1,796
Current Portion of Leases	21.34	99.27	99.31	108.88	41.08	19.89
Current Income Taxes Payable	1,176	964.41	1,778	801.43	16.51	10,111
Other Current Liabilities	698.45	647.06	512.28	550.48	608.89	8,938
Total Current Liabilities	2,347	2,124	3,309	2,221	937.85	23,471
Long-Term Debt	4,589	3,147	2,453	4,493	5,584	40,462
Long-Term Leases	53.07	17.66	113.33	216.21	123.4	177.29
Long-Term Unearned Revenue	-	8.54	9.26	10.85	12.02	102.59
Long-Term Deferred Tax Liabilities	10,343	8,943	8,128	7,954	7,343	16,722
Other Long-Term Liabilities	3,451	3,281	3,303	3,388	4,405	30,230
Total Liabilities	20,807	17,521	17,316	18,283	18,405	111,392
Common Stock	45.97	45.97	45.97	45.97	45.97	399.43
Additional Paid-In Capital	218.18	758.18	1,868	2,643	3,593	21,151
Comprensive Income & Other	1,172	963.87	-432.58	-1,173	-1,784	560.35
Shareholders' Equity	1,436	1,768	1,482	1,516	1,855	22,111
Total Liabilities & Equity	22,243	19,289	18,797	19,799	20,260	133,503
Total Debt	4,663	3,264	3,165	5,152	5,748	42,456
Net Cash (Debt)	-4,348	-2,529	-2,721	-4,928	-5,476	-40,665
Net Cash Per Share	-1.74	-1.01	-1.09	-1.97	-2.20	-16.29
Filing Date Shares Outstanding	2,496	2,496	2,496	2,496	2,496	2,496
Total Common Shares Outstanding	2,496	2,496	2,496	2,496	2,496	2,496
Working Capital	-962.6	-465.31	-1,589	-748.76	548.53	-9,474
Book Value Per Share	0.25	0.71	0.59	0.61	0.74	8.86
Tangible Book Value	-2,501	-550.02	-856.74	-1,321	-1,187	14,747
Tangible Book Value Per Share	-1.32	-0.22	-0.34	-0.53	-0.48	5.91
Machinery	107.53	-	-	-	-	-
Construction In Progress	6,924	6,310	6,308	5,113	3,778	16,473

Source: S&P Capital IQ. Standard template. Financial Sources.