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Var Energi ASA

Common Name
Var Energi
Country
Norway
Sector
Energy
Industry
Oil & Gas E&P
Employees
1,400
Ticker
VAR
Exchange
OSLO BORS
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...

Var Energi's Financial Statements Preview

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.

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All figures in millions of USD
2024
2023
Petroleum revenues
7,372.34a
6,815.97a
Other operating income
77.72a
33.75a
Total income
7,450.06a
6,849.72a
Production costs
-1,402.95a
-1,137.68a
Exploration expenses
-192.36a
-86.49a
Depreciation and amortisation
-1,915.85a
-1,422.6a
Impairment loss and reversals
-3.82a
-526.43a
Other operating expenses
-144.62a
-159.98a
Total operating expenses
-3,659.61a
-3,333.17a
Operating profit / (loss)
3,790.45a
3,516.55a
Net financial income / (expenses)
-106.89a
-112.91a
Net exchange rate gain / (loss)
-370.44a
-46.7a
Profit / (loss) before taxes
3,313.12a
3,356.93a
Income tax (expense) / income
-2,986.01a
-2,746.7a
Profit / (loss) for the period
327.11a
610.23a
Attributable to: holders of ordinary shares
311.51a
610.23a
Dividends on hybrid capital
15.6a
0a
Limited Data Preview
You are viewing a limited preview of Var Energi’s income statement data. The reported financial values are complete. The full dataset, available for download, additionally includes structured metadata for each line item, such as line item role (line item, subtotal, total) and financial classification (e.g., assets, liabilities, equity, revenue, expenses).
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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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