VÅR ENERGI ASA financials

VÅR ENERGI ASA

Country: NO Reporting currency: USD Latest annual report: 2024-12-31
LEI: 549300LIVN3FFOJN2K47
Source filing ↗
Financial statements (USD, as reported — unscaled; 81 line items across 2 annual periods)
Line item 20242023
Income statement
Cost of sales $1.40B$1.14B
Other income $77.7M$33.8M
Operating expenses $3.66B$3.33B
Depreciation & amortisation $1.92B$1.42B
Operating profit (EBIT) $3.79B$3.52B
Net finance income / (cost) -$106.9M-$112.9M
Profit before tax $3.31B$3.36B
Income tax expense $2.99B$2.75B
Profit for the year $327.1M$610.2M
Total comprehensive income $159.6M$594.6M
Per share
Basic EPS $0.11$0.24
Diluted EPS $0.11$0.24
Free cash flow / share $0.28$0.35
Cash flow statement
Net cash from operating activities $3.41B$3.42B
Net cash from investing activities -$4.24B-$2.67B
Purchase of PP&E (capex) $2.56B$2.53B
Net cash from financing activities $448.2M-$459.3M
Dividends paid $1.10B$1.11B
Lease liability payments $82.7M$94.3M
Net change in cash -$388.0M$292.9M
Balance sheet
Total assets $21.87B$19.29B
Non-current assets $20.60B$17.63B
Property, plant & equipment $16.74B$15.24B
Right-of-use assets $198.1M$73.8M
Intangible assets & goodwill $2.99B$1.96B
Current assets $1.27B$1.66B
Inventories $241.4M$251.5M
Trade & other receivables $373.2M$362.9M
Cash & equivalents $278.9M$734.9M
Total equity $832.5M$1.77B
Non-current liabilities $19.14B$15.40B
Long-term borrowings $5.08B$3.15B
Lease liabilities (non-current) $141.5M$17.7M
Current liabilities $1.90B$2.12B
Lease liabilities (current) $70.4M$99.3M
Deferred tax liabilities $10.50B$8.94B
Derived metrics
Free cash flow $844.0M$892.3M
Return on equity 39.3%34.5%
Cash conversion ratio 10.42×5.60×
Capex coverage 1.33×1.35×
Other reported items
Adjustments For Depreciation and Amortisation Expense $1.92B$1.42B
Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss $3.8M$526.4M
Adjustments For Losses Gains On Disposal of Noncurrent Assets -$80.4M-$24.5M
Adjustments For Unrealised Foreign Exchange Losses Gains $372.1M-$23.9M
Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities $1.35B$0
Current Tax Liabilities Current $681.7M$964.4M
Dividends Paid To Equity Holders of Parent Classified As Financing Activities $1.08B$1.11B
Effect of Exchange Rate Changes On Cash and Cash Equivalents -$68.1M-$2.5M
Equity and Liabilities $21.87B$19.29B
Expense Arising From Exploration For and Evaluation of Mineral Resources $192.4M$86.5M
Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss -$370.4M-$46.7M
Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss $3.8M$526.4M
Income Taxes Paid Refund Classified As Operating Activities $2.52B$2.46B
Increase Decrease Through Sharebased Payment Transactions $437.0K$4.2M
Increase Decrease Through Transfers and Other Changes Equity $0-$1.8M
Intangible Exploration and Evaluation Assets $404.9M$276.5M
Interest Paid Classified As Financing Activities $343.5M$214.5M
Issued Capital $46.0M$46.0M
Liabilities $21.04B$17.52B
Longterm Provision For Decommissioning Restoration and Rehabilitation Costs $3.28B$3.21B
Noncurrent Investments Other Than Investments Accounted For Using Equity Method $662.0K$739.0K
Noncurrent Recognised Liabilities Defined Benefit Plan $15.5M$0
Other Adjustments For Noncash Items -$33.6M$16.1M
Other Comprehensive Income -$167.5M-$15.6M
Other Comprehensive Income Net of Tax Cash Flow Hedges -$8.3M$2.0M
Other Comprehensive Income Net of Tax Exchange Differences On Translation -$159.6M-$17.6M
Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans $407.0K$0
Other Current Liabilities $683.5M$644.1M
Other Expense By Nature $144.6M$160.0M
Other Intangible Assets $241.9M$83.1M
Other Noncurrent Assets $30.8M$745.0K
Other Noncurrent Liabilities $115.0M$82.1M
Proceeds From Disposals of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets $90.8M$13.6M
Proceeds From Issue of Bonds Notes and Debentures $0$651.4M
Profit Loss Attributable To Ordinary Equity Holders of Parent Entity $311.5M$610.2M
Purchase of Exploration and Evaluation Assets $310.5M$113.1M
Revenue and Operating Income $7.45B$6.85B
Revenue From Sale of Petroleum and Petrochemical Products $7.37B$6.82B
Share Premium $0$758.2M
Shortterm Provision For Decommissioning Restoration and Rehabilitation Costs $105.2M$87.4M
Trade and Other Current Payables To Trade Suppliers $356.1M$329.0M
Methodology

Every line item above is a fact tagged in VÅR ENERGI ASA's annual report filed in the European Single Electronic Format (ESEF) under the IFRS taxonomy (ifrs-full) — the income statement, balance sheet and cash-flow statement as the filer reported them. Values are shown as-is, in the reporting currency (USD), without rescaling; the row labels map to the underlying concept name (e.g. Revenue → ifrs-full:Revenue, Operating profit → ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS → ifrs-full:DilutedEarningsLossPerShare), and any concept without a curated label is shown under “Other reported items” with its de-camel-cased tag name. Only consolidated, default-member facts are shown (segment / dimensional breakdowns are excluded).

“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.

Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.