Vår Energi Past Earnings Performance
Past criteria checks 2/6
Vår Energi has been growing earnings at an average annual rate of 31.7%, while the Oil and Gas industry saw earnings growing at 34.4% annually. Revenues have been growing at an average rate of 22.1% per year. Vår Energi's return on equity is 34.5%, and it has net margins of 8.8%.
Key information
31.7%
Earnings growth rate
31.7%
EPS growth rate
Oil and Gas Industry Growth | 39.7% |
Revenue growth rate | 22.1% |
Return on equity | 34.5% |
Net Margin | 8.8% |
Next Earnings Update | 23 Apr 2024 |
Recent past performance updates
Recent updates
Vår Energi's (OB:VAR) Soft Earnings Don't Show The Whole Picture
Mar 25The Price Is Right For Vår Energi AS (OB:VAR)
Mar 06Is There An Opportunity With Vår Energi AS' (OB:VAR) 21% Undervaluation?
Dec 23Vår Energi AS (OB:VAR) Shares Could Be 48% Below Their Intrinsic Value Estimate
Aug 21Investors Shouldn't Overlook Vår Energi's (OB:VAR) Impressive Returns On Capital
Jun 19Investors Aren't Buying Vår Energi AS' (OB:VAR) Earnings
May 06Why We Like The Returns At Vår Energi (OB:VAR)
Feb 17Is Vår Energi AS (OB:VAR) Worth kr34.4 Based On Its Intrinsic Value?
Jan 03The Strong Earnings Posted By Vår Energi (OB:VAR) Are A Good Indication Of The Strength Of The Business
Aug 03Earnings Miss: Vår Energi AS Missed EPS By 88% And Analysts Are Revising Their Forecasts
Jul 29Vår Energi AS' (OB:VAR) Intrinsic Value Is Potentially 84% Above Its Share Price
Jul 09Revenue & Expenses BreakdownBeta
How Vår Energi makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Dec 23 | 6,816 | 602 | 86 | 0 |
30 Sep 23 | 7,491 | 970 | 55 | 0 |
30 Jun 23 | 8,396 | 731 | 48 | 0 |
31 Mar 23 | 9,387 | 701 | 39 | 0 |
31 Dec 22 | 9,781 | 936 | 72 | 0 |
30 Sep 22 | 9,708 | 671 | 39 | 0 |
30 Jun 22 | 8,803 | 877 | 44 | 0 |
31 Mar 22 | 7,487 | 918 | 51 | 0 |
31 Dec 21 | 6,043 | 654 | 51 | 0 |
30 Sep 21 | 4,552 | -146 | 33 | 0 |
31 Dec 20 | 2,869 | -1,627 | 37 | 0 |
31 Dec 19 | 2,836 | 286 | 249 | 0 |
31 Dec 18 | 2,557 | 275 | 156 | 0 |
31 Dec 17 | 1,923 | 163 | 263 | 0 |
Quality Earnings: VAR has high quality earnings.
Growing Profit Margin: VAR's current net profit margins (8.8%) are lower than last year (9.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VAR's earnings have grown significantly by 31.7% per year over the past 5 years.
Accelerating Growth: VAR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: VAR had negative earnings growth (-35.7%) over the past year, making it difficult to compare to the Oil and Gas industry average (79.1%).
Return on Equity
High ROE: Whilst VAR's Return on Equity (34.51%) is high, this metric is skewed due to their high level of debt.