Var Energi ASA

Common Name

Var Energi

Country

Norway

Sector

Energy

Industry

Oil & Gas E&P

Employees

1,400

Ticker

VAR

Exchange

OSLO BORS

Website

varenergi.no

Description

Var Energi ASA is a prominent player in the oil and gas industry, specializing in exploration, production, and delivering energy resources. As a comprehensive energy company, its primary function is t... Show more

Income Statement Balance Sheet

Financial Statements of Var Energi

Below are the financial statements of Var Energi, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

All figures in millions of USD	2024 as of 2024-12-31	2023 as of 2023-12-31
Assets	—	—
Non-current assets	—	—
Intangible assets	—	—
Goodwill	2,987.84^a	1,958.48^a
Capitalised exploration wells	404.87^a	276.5^a
Other intangible assets	241.89^a	83.06^a
Tangible fixed assets	—	—
Property, plant and equipment	16,737.12^a	15,237.08^a
Right of use assets	198.14^a	73.81^a
Financial assets	—	—
Investment in shares	0.66^a	0.74^a
Other non-current assets	30.8^a	0.75^a
Total non-current assets	20,601.32^a	17,630.42^a
Current assets	—	—
Inventories	241.35^a	251.5^a
Trade receivables	373.22^a	362.9^a
Other current receivables and financial assets	373.39^a	309.47^a
Cash and cash equivalents	278.88^a	734.91^a
Total current assets	1,266.85^a	1,658.78^a
Total assets	21,868.16^a	19,289.2^a
Equity and liabilities	—	—
Equity	—	—
Share capital	45.97^a	45.97^a
Share premium	0^a	758.18^a
Hybrid capital	799.46^a	799.46^a
Other equity	-12.92^a	164.41^a
Total equity	832.51^a	1,768.03^a
Non-current liabilities	—	—
Interest-bearing loans and borrowings	5,082.17^a	3,146.58^a
Deferred tax liabilities	10,500.94^a	8,943.02^a
Asset retirement obligations	3,283.73^a	3,207.67^a
Pension	15.46^a	0^a
Lease liabilities, non-current	141.45^a	17.66^a
Other non-current liabilities	115.05^a	82.15^a
Total non-current liabilities	19,138.81^a	15,397.08^a
Current liabilities	—	—
Asset retirement obligations, current	105.19^a	87.39^a
Accounts payable	356.09^a	328.95^a
Taxes payable	681.66^a	964.41^a
Lease liabilities, current	70.4^a	99.27^a
Other current liabilities	683.5^a	644.08^a
Total current liabilities	1,896.85^a	2,124.09^a
Total liabilities	21,035.66^a	17,521.17^a
Total equity and liabilities	21,868.16^a	19,289.2^a

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Verified Sources Behind Var Energi’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Var Energi’s data sources below and access millions more through our Disclosure Search.

a. Var Energi's Annual Report 2024

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Var Energi ASA

Financial Statements of Var Energi

Verified Sources Behind Var Energi’s Financial Fundamentals Data

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