Vår Energi AS (OSL: VAR)

Vår Energi AS Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	790.42	734.91	444.61	223.59	272.41	1,791
Cash & Short-Term Investments	790.42	734.91	444.61	223.59	272.41	1,791
Cash Growth	32.78%	65.30%	98.85%	-17.92%	-84.79%	-79.59%
Accounts Receivable	268.4	362.9	796.32	745.92	165.98	4,519
Other Receivables	135.58	102.04	67.78	-	522.85	544.05
Receivables	403.98	464.93	864.09	745.92	688.84	5,063
Inventory	246.42	251.5	265.81	301.33	283.2	1,730
Prepaid Expenses	49.25	53.44	30.67	8.31	24.42	41.84
Other Current Assets	281.67	154	114.84	193.5	217.52	5,371
Total Current Assets	1,772	1,659	1,720	1,473	1,486	13,997
Property, Plant & Equipment	17,536	15,311	14,738	15,487	15,728	112,065
Long-Term Investments	0.84	0.74	0.76	0.85	0.88	7.52
Goodwill	3,319	1,958	2,020	2,532	2,821	5,673
Other Intangible Assets	687.84	359.56	318.8	304.5	221.06	1,690
Other Long-Term Assets	13.48	0.75	0.53	1.81	2.69	70.2
Total Assets	23,329	19,289	18,797	19,799	20,260	133,503
Accounts Payable	327.08	328.95	368.59	422.16	252.8	2,226
Accrued Expenses	112.14	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	12.58	99.27	99.31	108.88	41.08	19.89
Current Income Taxes Payable	1,318	964.41	1,778	801.43	16.51	10,111
Other Current Liabilities	744.27	647.06	512.28	550.48	608.89	8,938
Total Current Liabilities	2,515	2,124	3,309	2,221	937.85	23,471
Long-Term Debt	4,871	3,147	2,453	4,493	5,584	40,462
Long-Term Leases	45.47	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	10,756	8,943	8,128	7,954	7,343	16,722
Other Long-Term Liabilities	3,752	3,281	3,303	3,388	4,405	30,230
Total Liabilities	21,963	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	-	758.18	1,868	2,643	3,593	21,151
Comprehensive Income & Other	1,320	963.87	-432.58	-1,173	-1,784	560.35
Shareholders' Equity	1,366	1,768	1,482	1,516	1,855	22,111
Total Liabilities & Equity	23,329	19,289	18,797	19,799	20,260	133,503
Total Debt	4,929	3,264	3,165	5,152	5,748	42,456
Net Cash (Debt)	-4,138	-2,529	-2,721	-4,928	-5,476	-40,665
Net Cash Per Share	-1.66	-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	-742.82	-465.31	-1,589	-748.76	548.53	-9,474
Book Value Per Share	0.23	0.71	0.59	0.61	0.74	8.86
Tangible Book Value	-2,641	-550.02	-856.74	-1,321	-1,187	14,747
Tangible Book Value Per Share	-1.38	-0.22	-0.34	-0.53	-0.48	5.91
Construction In Progress	7,633	6,310	6,308	5,113	3,778	16,473

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