Vår Energi ASA (VARRY)
OTCMKTS · Delayed Price · Currency is USD
7.14
+0.15 (2.22%)
Feb 11, 2026, 2:50 PM EST

Vår Energi ASA Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Revenue
7,9667,3726,8169,7816,043
7,9667,3726,8169,7816,043
Revenue Growth (YoY)
8.05%8.16%-30.31%61.84%110.67%
Cost of Revenue
1,1171,2691,0091,0201,039
Gross Profit
6,8496,1035,8078,7605,004
Other Operating Expenses
403.7377.07357.28308.16279.75
Operating Expenses
2,6642,4982,1932,2502,041
Operating Income
4,1853,6063,6146,5102,963
Interest Expense
-171.4-0.36-20.76-25.9-175.74
Interest & Investment Income
19.825.0311.329.5-
Currency Exchange Gain (Loss)
431.8-370.44-46.7-397.04-142.37
Other Non Operating Income (Expenses)
-14-15.89-4.71-5.250.99
EBT Excluding Unusual Items
4,4513,2443,5546,0922,645
Merger & Restructuring Charges
--17.13-11.64--
Impairment of Goodwill
-188.4-126.64--235.91-203.06
Gain (Loss) on Sale of Assets
-43.2615.330.32.23
Asset Writedown
44135.15-200.3-0202.08
Other Unusual Items
-34.48---
Pretax Income
4,3073,3133,3575,8562,647
Income Tax Expense
3,4602,9862,7474,9191,992
Net Income to Company
846.4327.11610.23936.4654.36
Net Income
846.4327.11610.23936.4654.36
Preferred Dividends & Other Adjustments
66.261.818.22--
Net Income to Common
780.2265.3602.01936.4654.36
Net Income Growth
158.75%-46.40%-34.83%43.10%-
Shares Outstanding (Basic)
2,4962,4962,4962,4962,496
Shares Outstanding (Diluted)
2,4962,4962,4962,4962,496
Shares Change (YoY)
---0.02%-0.11%
EPS (Basic)
0.310.110.240.380.26
EPS (Diluted)
0.310.110.240.380.26
EPS Growth
194.09%-55.93%-35.70%44.27%-
Free Cash Flow
1,787533.48779.243,0891,995
Free Cash Flow Per Share
0.720.210.311.240.80
Dividend Per Share
0.4850.4200.4520.430-
Dividend Growth
15.49%-7.04%5.01%--
Gross Margin
85.98%82.79%85.19%89.57%82.80%
Operating Margin
52.53%48.91%53.03%66.56%49.02%
Profit Margin
9.79%3.60%8.83%9.57%10.83%
Free Cash Flow Margin
22.44%7.24%11.43%31.58%33.02%
EBITDA
6,9835,7475,4828,0534,734
EBITDA Margin
87.67%77.96%80.42%82.34%78.34%
D&A For EBITDA
2,7992,1421,8671,5431,772
EBIT
4,1853,6063,6146,5102,963
EBIT Margin
52.53%48.91%53.03%66.56%49.02%
Effective Tax Rate
80.35%90.13%81.82%84.01%75.28%
Revenue as Reported
8,0967,4506,8509,8286,073
Source: S&P Global Market Intelligence. Standard template. Financial Sources.