Vår Energi ASA (OSL:VAR)

Vår Energi ASA Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	2,505	699.9	278.9	734.91	444.61	223.59
Cash & Short-Term Investments	2,505	699.9	278.9	734.91	444.61	223.59
Cash Growth	249.07%	150.95%	-62.05%	65.30%	98.85%	-17.92%
Accounts Receivable	577.2	206.9	373.2	362.9	796.32	745.92
Other Receivables	61.5	117	116.3	119.31	67.78	-
Receivables	638.7	323.9	489.5	482.21	864.09	745.92
Inventory	361.6	336.2	241.4	251.5	265.81	301.33
Prepaid Expenses	91.3	39.8	16.8	53.44	30.67	8.31
Other Current Assets	1,275	364.4	240.2	136.72	114.84	193.5
Total Current Assets	4,872	1,764	1,267	1,659	1,720	1,473
Property, Plant & Equipment	20,592	20,216	16,935	15,311	14,738	15,487
Long-Term Investments	1.4	14	19.8	0.74	0.76	0.85
Goodwill	3,569	3,358	2,988	1,958	2,020	2,532
Other Intangible Assets	686.4	768.7	646.8	359.56	318.8	304.5
Other Long-Term Assets	23.2	24.4	11.8	0.75	0.53	1.81
Total Assets	29,743	26,145	21,868	19,289	18,797	19,799

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	556.7	478	356.1	328.95	368.59	422.16
Accrued Expenses	8.9	49.6	47.5	77.63	50.75	5.31
Current Portion of Long-Term Debt	573.5	99.6	54.7	-	500	333.15
Current Portion of Leases	135.5	133.3	70.4	99.27	99.31	108.88
Current Income Taxes Payable	2,635	1,317	681.7	964.41	1,778	801.43
Other Current Liabilities	1,495	833.5	686.4	653.83	512.28	550.48
Total Current Liabilities	5,405	2,911	1,897	2,124	3,309	2,221
Long-Term Debt	5,319	5,842	5,082	3,147	2,453	4,493
Long-Term Leases	78.8	114.6	141.5	17.66	113.33	216.21
Long-Term Unearned Revenue	-	8.1	7.5	8.54	9.26	10.85
Pension & Post-Retirement Benefits	13.5	12.9	15.5	-	-	-
Long-Term Deferred Tax Liabilities	13,158	12,618	10,501	8,943	8,128	7,954
Other Long-Term Liabilities	3,785	4,079	3,391	3,281	3,303	3,388
Total Liabilities	27,759	25,585	21,036	17,521	17,316	18,283

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	43.2	46	46	45.97	45.97	45.97
Additional Paid-In Capital	-	-	-	758.18	1,868	2,643
Comprehensive Income & Other	1,941	514	786.5	963.87	-432.58	-1,173
Shareholders' Equity	1,984	560	832.5	1,768	1,482	1,516
Total Liabilities & Equity	29,743	26,145	21,868	19,289	18,797	19,799

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	6,107	6,190	5,349	3,264	3,165	5,152
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
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	-533.4	-1,147	-630	-465.31	-1,589	-748.76
Book Value Per Share	0.09	-0.10	0.01	0.39	0.59	0.61
Tangible Book Value	-2,271	-3,567	-2,802	-550.02	-856.74	-1,321
Tangible Book Value Per Share	-1.61	-1.75	-1.44	-0.54	-0.34	-0.53
Construction In Progress	740.5	900	7,446	6,310	6,308	5,113

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 22, 2026

Data Sources Report a data error