Vår Energi AS
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Vår Energi AS's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 30% to $6,815,965,000. Profit margin reached 9%. Total operating expenses were $2,290,354,000.

Profit Margin

Vår Energi AS (OSE:VAR.OL): Profit margin
2019 2.82B 78.42M 2.78%
2020 2.86B -1.62B -56.7%
2021 6.04B 654.35M 10.83%
2022 9.78B 936.40M 9.57%
2023 6.81B 610.22M 8.95%

VAR.OL Income Statement (2019 – 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
6.81B9.78B6.04B2.86B2.82B
Cost of revenue
1.00B2.59B2.84B1.05B948.56M
Gross profit
5.80B7.18B3.19B1.81B1.87B
Operating exp.
Research and development
34.98M31.53M32.18M25.17M19.00M
Selling and marketing
00000
Total operating expenses
2.29B268.12M235.22M1.96B1.33B
Operating income
3.51B6.36B3.05B150.63M642.84M
Other income (expenses), net
-159.61M-512.92M-411.85M48.89M-191.40M
Income before tax
3.35B5.85B2.64B-2.20B451.43M
Income tax expense
2.74B4.91B1.99B-577.38M373.01M
Net income
610.22M936.40M654.35M-1.62B78.42M
Earnings per share
Basic EPS
0.240.380.26-0.650.03
Diluted EPS
0.240.380.26-0.650.03
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