Vår Energi Balance Sheet Health
Financial Health criteria checks 2/6
Vår Energi has a total shareholder equity of $832.9M and total debt of $6.0B, which brings its debt-to-equity ratio to 716.3%. Its total assets and total liabilities are $26.6B and $25.8B respectively. Vår Energi's EBIT is $3.9B making its interest coverage ratio 66.2. It has cash and short-term investments of $840.3M.
Key information
716.34%
Debt to equity ratio
US$5.97b
Debt
| Interest coverage ratio | 66.2x |
| Cash | US$840.30m |
| Equity | US$832.90m |
| Total liabilities | US$25.81b |
| Total assets | US$26.65b |
Recent financial health updates
Recent updates
Vår Energi AS Just Missed EPS By 38%: Here's What Analysts Think Will Happen Next
Jul 25
Risks To Shareholder Returns Are Elevated At These Prices For Vår Energi AS (OB:VAR)
Jul 07Vår Energi AS Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Apr 03Earnings Tell The Story For Vår Energi AS (OB:VAR)
Mar 14Vår Energi AS Just Missed Earnings - But Analysts Have Updated Their Models
Feb 13
New Oil And Gas Projects Will Sustain Production Up To 400,000 Barrels Per Day Through 2030
Vår Energi expects production growth and strategic projects to boost long-term revenue and earnings through increased production capacity and low-cost operations.Here's Why Vår Energi (OB:VAR) Has A Meaningful Debt Burden
Jan 27Financial Position Analysis
Short Term Liabilities: VAR's short term assets ($2.1B) do not cover its short term liabilities ($2.9B).
Long Term Liabilities: VAR's short term assets ($2.1B) do not cover its long term liabilities ($22.9B).
Debt to Equity History and Analysis
Debt Level: VAR's net debt to equity ratio (615.5%) is considered high.
Reducing Debt: VAR's debt to equity ratio has increased from 266.6% to 716.3% over the past 5 years.
Debt Coverage: VAR's debt is well covered by operating cash flow (62%).
Interest Coverage: VAR's interest payments on its debt are well covered by EBIT (66.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/01/22 10:37 |
| End of Day Share Price | 2026/01/22 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Vår Energi ASA is covered by 25 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Lydia Rainforth | Barclays |
| Naisheng Cui | Barclays |