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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	4,751	699.9	278.9	734.91	444.61	223.59
Cash & Short-Term Investments	4,751	699.9	278.9	734.91	444.61	223.59
Cash Growth	465.43%	150.95%	-62.05%	65.30%	98.85%	-17.92%
Accounts Receivable	1,021	206.9	373.2	362.9	796.32	745.92
Other Receivables	127.2	117	116.3	119.31	67.78	-
Receivables	1,148	323.9	489.5	482.21	864.09	745.92
Inventory	400.8	336.2	241.4	251.5	265.81	301.33
Prepaid Expenses	95	39.8	16.8	53.44	30.67	8.31
Other Current Assets	1,065	364.4	240.2	136.72	114.84	193.5
Total Current Assets	7,459	1,764	1,267	1,659	1,720	1,473
Property, Plant & Equipment	20,711	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	3,666	3,358	2,988	1,958	2,020	2,532
Other Intangible Assets	683.2	768.7	646.8	359.56	318.8	304.5
Other Long-Term Assets	22.5	24.4	11.8	0.75	0.53	1.81
Total Assets	32,544	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	540.9	478	356.1	328.95	368.59	422.16
Accrued Expenses	26.3	49.6	47.5	77.63	50.75	5.31
Current Portion of Long-Term Debt	118.5	99.6	54.7	-	500	333.15
Current Portion of Leases	136.9	133.3	70.4	99.27	99.31	108.88
Current Income Taxes Payable	3,313	1,317	681.7	964.41	1,778	801.43
Other Current Liabilities	1,541	833.5	686.4	653.83	512.28	550.48
Total Current Liabilities	5,677	2,911	1,897	2,124	3,309	2,221
Long-Term Debt	7,743	5,842	5,082	3,147	2,453	4,493
Long-Term Leases	75.4	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	14.2	12.9	15.5	-	-	-
Long-Term Deferred Tax Liabilities	13,289	12,618	10,501	8,943	8,128	7,954
Other Long-Term Liabilities	3,835	4,079	3,391	3,281	3,303	3,388
Total Liabilities	30,633	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	Sep 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	1,867	514	786.5	963.87	-432.58	-1,173
Shareholders' Equity	1,911	560	832.5	1,768	1,482	1,516
Total Liabilities & Equity	32,544	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	8,074	6,190	5,349	3,264	3,165	5,152
Net Cash (Debt)	-3,323	-5,490	-5,070	-2,529	-2,721	-4,928
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.33	-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	1,783	-1,147	-630	-465.31	-1,589	-748.76
Book Value Per Share	0.06	-0.10	0.01	0.39	0.59	0.61
Tangible Book Value	-2,439	-3,567	-2,802	-550.02	-856.74	-1,321
Tangible Book Value Per Share	-1.68	-1.75	-1.44	-0.54	-0.34	-0.53
Construction In Progress	760.7	900	7,446	6,310	6,308	5,113

Data Source: S&P Global Market Intelligence Last updated: Oct 21, 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:

Oct 23, 2026

Data Sources Report a data error