Vår Energi AS (OSL:VAR)

Vår Energi AS Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	661.17	278.88	734.91	444.61	223.59	272.41
Cash & Short-Term Investments	661.17	278.88	734.91	444.61	223.59	272.41
Cash Growth	-8.38%	-62.05%	65.30%	98.85%	-17.92%	33.71%
Accounts Receivable	242.1	373.22	362.9	796.32	745.92	165.98
Other Receivables	157.14	116.33	119.31	67.78	-	522.85
Receivables	399.24	489.55	482.21	864.09	745.92	688.84
Inventory	272.28	241.35	251.5	265.81	301.33	283.2
Prepaid Expenses	93.44	16.77	53.44	30.67	8.31	24.42
Other Current Assets	285.81	240.3	136.72	114.84	193.5	217.52
Total Current Assets	1,712	1,267	1,659	1,720	1,473	1,486
Property, Plant & Equipment	18,439	16,935	15,311	14,738	15,487	15,728
Long-Term Investments	0.66	19.78	0.74	0.76	0.85	0.88
Goodwill	3,247	2,988	1,958	2,020	2,532	2,821
Other Intangible Assets	712.54	646.75	359.56	318.8	304.5	221.06
Other Long-Term Assets	38.16	11.69	0.75	0.53	1.81	2.69
Total Assets	24,149	21,868	19,289	18,797	19,799	20,260
Accounts Payable	392.87	356.09	328.95	368.59	422.16	252.8
Accrued Expenses	68.25	102.22	77.63	50.75	5.31	18.58
Current Portion of Long-Term Debt	71.71	-	-	500	333.15	-
Current Portion of Leases	124.69	70.4	99.27	99.31	108.88	41.08
Current Income Taxes Payable	1,178	681.66	964.41	1,778	801.43	16.51
Other Current Liabilities	706.15	686.47	653.83	512.28	550.48	608.89
Total Current Liabilities	2,542	1,897	2,124	3,309	2,221	937.85
Long-Term Debt	5,199	5,082	3,147	2,453	4,493	5,584
Long-Term Leases	174.68	141.45	17.66	113.33	216.21	123.4
Long-Term Unearned Revenue	-	7.48	8.54	9.26	10.85	12.02
Long-Term Deferred Tax Liabilities	11,286	10,501	8,943	8,128	7,954	7,343
Other Long-Term Liabilities	3,918	3,391	3,281	3,303	3,388	4,405
Total Liabilities	23,140	21,036	17,521	17,316	18,283	18,405
Common Stock	45.97	45.97	45.97	45.97	45.97	45.97
Additional Paid-In Capital	-	-	758.18	1,868	2,643	3,593
Comprehensive Income & Other	962.85	786.54	963.87	-432.58	-1,173	-1,784
Shareholders' Equity	1,009	832.51	1,768	1,482	1,516	1,855
Total Liabilities & Equity	24,149	21,868	19,289	18,797	19,799	20,260
Total Debt	5,570	5,294	3,264	3,165	5,152	5,748
Net Cash (Debt)	-4,909	-5,015	-2,529	-2,721	-4,928	-5,476
Net Cash Per Share	-1.97	-2.01	-1.01	-1.09	-1.97	-2.20
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	-830.06	-630	-465.31	-1,589	-748.76	548.53
Book Value Per Share	0.08	0.01	0.39	0.59	0.61	0.74
Tangible Book Value	-2,950	-2,802	-550.02	-856.74	-1,321	-1,187
Tangible Book Value Per Share	-1.50	-1.44	-0.54	-0.34	-0.53	-0.48
Construction In Progress	5,807	7,446	6,310	6,308	5,113	3,778

Updated Feb 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.