Vår Energi Past Earnings Performance
Past criteria checks 2/6
Vår Energi has been growing earnings at an average annual rate of 32.6%, while the Oil and Gas industry saw earnings growing at 32.6% annually. Revenues have been growing at an average rate of 14.2% per year. Vår Energi's return on equity is 46.2%, and it has net margins of 7.8%.
Key information
32.6%
Earnings growth rate
32.7%
EPS growth rate
| Oil and Gas Industry Growth | 39.7% |
| Revenue growth rate | 14.2% |
| Return on equity | 46.2% |
| Net Margin | 7.8% |
| Next Earnings Update | 11 Feb 2025 |
Recent past performance updates
Some Investors May Be Willing To Look Past Vår Energi's (OB:VAR) Soft Earnings
Oct 29
Vår Energi's (OB:VAR) Soft Earnings Don't Show The Whole Picture
Mar 25Recent updates
Vår Energi AS' (OB:VAR) Share Price Not Quite Adding Up
Dec 11Some Investors May Be Willing To Look Past Vår Energi's (OB:VAR) Soft Earnings
Oct 29Vår Energi AS (OB:VAR) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Oct 24Why Investors Shouldn't Be Surprised By Vår Energi AS' (OB:VAR) P/E
Sep 06We Think Vår Energi (OB:VAR) Is Taking Some Risk With Its Debt
Aug 16Vår Energi AS Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Jul 26Estimating The Intrinsic Value Of Vår Energi AS (OB:VAR)
May 22These 4 Measures Indicate That Vår Energi (OB:VAR) Is Using Debt Extensively
Apr 15Vår Energi's (OB:VAR) Soft Earnings Don't Show The Whole Picture
Mar 25The Price Is Right For Vår Energi AS (OB:VAR)
Mar 06Revenue & Expenses Breakdown
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 |
|---|---|---|---|---|
| 30 Sep 24 | 7,390 | 577 | 103 | 0 |
| 30 Jun 24 | 7,177 | 601 | 99 | 0 |
| 31 Mar 24 | 6,675 | 492 | 97 | 0 |
| 31 Dec 23 | 6,816 | 602 | 86 | 0 |
| 30 Sep 23 | 7,491 | 970 | 86 | 0 |
| 30 Jun 23 | 8,396 | 731 | 79 | 0 |
| 31 Mar 23 | 9,387 | 701 | 70 | 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 (7.8%) are lower than last year (12.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VAR's earnings have grown significantly by 32.6% 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 (-40.5%) over the past year, making it difficult to compare to the Oil and Gas industry average (-3.7%).
Return on Equity
High ROE: Whilst VAR's Return on Equity (46.17%) is outstanding, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 17:54 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Vår Energi AS is covered by 18 analysts. 13 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 |
|---|---|
| Lydia Rainforth | Barclays |
| Matthew Smith | BofA Global Research |
| Jørgen Lande | Danske Bank |