Ryufin

Vår Energi ASA

Norway · NO0011202772 · reports in USD · Europe

The answers

From the annual report for the year to Dec 31, 2024. Each line says what it is based on.

Is it growing?Fair
Revenue +8.8% in the year to Dec 31, 2024, on the year before.
Is it a good business?Good
It earned 39% on its shareholders' equity in the year to Dec 31, 2024.
Is it safe?To watch
Equity is 4% of its assets, and operations brought in cash in the year.
Is the price fair?n/a
Not answered: no exchange publishes this company's price for free reuse, so there is no P/E here.

The year

Year to Dec 31, 2024, consolidated, in USD.

$7.5B

revenue

51%

operating margin

$327M

net profit

Year by year

As filed; an earlier year can differ from its own report when the company restated it.

Dec 2021Dec 2022Dec 2023Dec 2024
Revenue$6.1B$9.8B$6.8B$7.5B
Operating profit$3.1B$6.4B$3.5B$3.8B
Earnings per share$0.26$0.38$0.24$0.11
Cash from operations$4.6B$5.7B$3.4B$3.4B
Capital spending$2.5B$2.5B$2.5B$2.6B
Cash$224M$445M$735M$279M
Total assets$19.8B$18.8B$19.3B$21.9B
Equity$1.5B$1.5B$1.8B$833M

What they do

In the company's own words, from the annual report.

Vår Energi ASA is committed to remain a long term, reliable provider of energy to Europe. It is a leading independent upstream oil and gas company on the Norwegian Continental Shelf (NCS),

Source: the company’s annual financial report in ESEF, via filings.xbrl.org (XBRL International). Listed shares from ESMA’s FIRDS register; ESMA does not endorse this site. Ryufin computed the answers and ratios from the filed figures.