Equities
EnergyOil, Gas and Coal
  • Price (NOK)37.52
  • Today's Change0.97 / 2.65%
  • Shares traded7.80m
  • 1 Year change+10.65%
  • Beta--
Data delayed at least 15 minutes, as of Nov 21 2024.
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Financials data is unavailable for this security.

Inc stmt in USDIncome statement in USDView more

Year on year Var Energi ASA's revenues fell -30.38% from 9.82bn to 6.83bn. This along with an increase in the cost of goods sold expense has contributed to a reduction in net income from 936.40m to 610.23m, a -34.83% decrease.
Gross margin82.05%
Net profit margin8.45%
Operating margin42.66%
Return on assets3.04%
Return on equity51.42%
Return on investment3.43%
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Cash flow in USDView more

In 2023, Var Energi ASA increased its cash reserves by 65.30%, or 290.31m. The company earned 3.42bn from its operations for a Cash Flow Margin of 50.05%. In addition the company used 2.67bn on investing activities and also paid 459.30m in financing cash flows.
Cash flow per share11.49
Price/Cash flow per share3.40
Book value per share6.06
Tangible book value per share-11.71
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Balance sheet in USDView more

Var Energi ASA has a Debt to Total Capital ratio of 78.30%, a lower figure than the previous year's 352.34%.
Current ratio0.7046
Quick ratio0.6066
Total debt/total equity3.61
Total debt/total capital0.783
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Growth rates in USD

Year on year, growth in dividends per share increased 2.86% while earnings per share excluding extraordinary items fell by -34.83%. The positive trend in dividend payments is noteworthy since only some companies in the Oil & Gas - Integrated industry pay a dividend. Additionally, five year annualized earnings per share growth is in-line with the industry average relative to its peers.
Div yield(5 year avg)--
Div growth rate (5 year)--
Payout ratio (TTM)180.65%
EPS growth(5 years)15.87
EPS (TTM) vs
TTM 1 year ago
-35.27
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