Vår Energi AS
Balance Sheet

Last updated:

The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Vår Energi AS's balance sheet done over the years? Its assets were worth $19,289,199,000 last year, which is more than in the previous period. 91% of Vår Energi AS’s total assets is currently financed by debt. Its liabilities reached the amount of $17,521,171,000, which means an increase by 1% compared compared to last year.

Debt to Assets

Vår Energi AS (OSE:VAR.OL): Debt to assets
2018 13843583000 8.10B 58.55%
2019 21521362000 17.46B 81.16%
2020 20259680000 18.40B 90.84%
2021 19799056000 18.28B 92.34%
2022 18797288000 17.31B 92.12%
2023 19289199000 17.52B 90.83%

VAR.OL Balance Sheet (2018 – 2023)

2023 2022 2021 2020 2019 2018
Assets
Current assets:
Cash and cash equivalents
724.72M434.69M214.13M262.93M195.92M997.04M
Short term investments
10.18M00000
Net receivables
362.89M1.01B957.18M01.27B2.09B
Inventory
251.50M265.81M301.32M283.19M230.09M151.79M
Other current assets
309.47M-1K1K01K-1.71B
Total current assets
1.65B1.72B1.47B1.48B1.69B1.52B
Non-current assets:
Property, Plant and Equipment
15.31B14.96B15.68B15.84B14.84B10.06B
Goodwill
1.95B2.01B2.53B2.82B4.86B2.18B
Intangible assets
359.56M93.51M104.52M107.73M104.69M0
Long term investments
739K00000
Other non-current assets
745K1.29M2.66M3.57M8.85M71.74M
Total non-current assets
17.63B17.07B18.32B18.77B19.82B12.31B
Total assets
19.28B18.79B19.79B20.25B21.52B13.84B
Liabilities
Current liabilities:
Accounts payable
Deferred revenue
1.05B01.27B447.67M1.95B317.76M
Short term debt
99.26M599.31M108.88M41.07M37.23M55.34M
Total current liabilities
2.12B3.30B2.22B937.85M2.69B720.88M
Non-current liabilities:
Long term debt
3.16B2.56B4.70B5.38B4.41B539.41M
Deferred tax
000000
Other non-current liabilities
12.23B3.30B3.38B4.72B3.75B2.43B
Total non-current liabilities
15.39B14.00B16.06B17.46B14.77B7.38B
Total liabilities
17.52B17.31B18.28B18.40B17.46B8.10B
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