VÅR ENERGI ASA

4313 SANDNES

Finances

Return on Equity

63,2 %

Current Ratio

0,52

Debt-to-Equity Ratio

9,45

Key figures (USD)	2022	2021	2020	2019
Revenue	9 827 631 000	6 072 732 000	27 028 105 000	25 122 879 000
Net Income	936 403 000	621 585 000	−5 565 295 000	2 510 661 000
Total Assets	18 797 289 000	19 877 943 000	131 966 748 000	133 502 825 000
Total Equity	1 481 571 000	1 472 369 000	12 030 763 000	22 111 014 000

Income (USD)	2022	2021	2020	2019
Revenue	9 827 631 000	6 072 732 000	27 028 105 000	25 122 879 000
Expenditure	3 458 811 000	3 163 146 000	35 920 960 000	18 420 418 000
Operating Profit	6 368 820 000	2 909 586 000	−8 892 855 000	6 702 461 000
Financial Income	0	14 043 000	2 869 167 000	1 325 628 000
Financial Costs	512 928 000	425 902 000	2 490 525 000	1 229 035 000
Financial Balance	−512 928 000	−411 859 000	378 642 000	96 593 000
Earnings Before Tax	5 855 892 000	2 497 727 000	−8 514 213 000	6 799 054 000
Tax	4 919 489 000	1 876 142 000	−2 948 918 000	4 288 393 000
Net Income	936 403 000	621 585 000	−5 565 295 000	2 510 661 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	17 077 269 000	18 326 409 000	118 493 882 000	119 505 927 000
Total Current Assets	1 720 020 000	1 551 534 000	13 472 866 000	13 996 898 000
Total Assets	18 797 289 000	19 877 943 000	131 966 748 000	133 502 825 000
Total Retained Equity	0	−1 216 784 000	−5 104 087 000	560 348 000
Total Equity	1 481 571 000	1 472 369 000	12 030 763 000	22 111 014 000
Total Long-Term Debt	14 006 564 000	15 907 737 000	110 843 220 000	87 920 572 000
Total Current Debt	3 309 154 000	2 497 837 000	9 092 765 000	23 471 239 000
Total Equity and Debt	18 797 289 000	19 877 943 000	131 966 748 000	133 502 825 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	9 780 543 000	6 043 375 000	26 948 710 000	24 866 949 000
Other Income	47 088 000	29 357 000	79 395 000	255 930 000
Revenue	9 827 631 000	6 072 732 000	27 028 105 000	25 122 879 000
Cost of Goods Sold	1 215 202 000	0	0	0
Salary Costs	0	240 508 000	1 463 404 000	1 714 052 000
Depreciation	1 447 966 000	1 704 561 000	15 229 241 000	9 007 373 000
Impairment	657 922 000	982 000	8 647 809 000	−573 089 000
Expenditure	3 458 811 000	3 163 146 000	35 920 960 000	18 420 418 000
Operating Profit	6 368 820 000	2 909 586 000	−8 892 855 000	6 702 461 000
Financial Income	0	14 043 000	2 869 167 000	1 325 628 000
Financial Costs	512 928 000	425 902 000	2 490 525 000	1 229 035 000
Financial Balance	−512 928 000	−411 859 000	378 642 000	96 593 000
Dividends	0	0	1 912 500 000	1 800 000 000
Net Income	936 403 000	621 585 000	−5 565 295 000	2 510 661 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	2 019 512 000	2 836 398 000	7 186 857 000	7 363 562 000
Total Intangible Assets	2 338 314 000	2 836 398 000	7 186 857 000	7 363 562 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	14 737 660 000	15 487 349 000	110 965 305 000	111 792 399 000
Fixtures	0	0	311 215 000	272 242 000
Total Tangible Assets	14 737 660 000	15 487 349 000	111 276 520 000	112 064 641 000
Total Fiancial Fixed Assets	1 295 000	2 662 000	30 505 000	77 724 000
Total Fixed Assets	17 077 269 000	18 326 409 000	118 493 882 000	119 505 927 000
Stock	265 811 000	301 329 000	2 416 423 000	1 730 336 000
Total Investments	0	0	0	0
Cash, Bank	444 606 000	223 587 000	2 324 372 000	1 790 911 000
Total Current Assets	1 720 020 000	1 551 534 000	13 472 866 000	13 996 898 000
Total Assets	18 797 289 000	19 877 943 000	131 966 748 000	133 502 825 000
Total Equity	1 481 571 000	1 472 369 000	12 030 763 000	22 111 014 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 006 564 000	15 907 737 000	110 843 220 000	87 920 572 000
Creditors	368 589 000	422 155 000	2 157 050 000	2 225 712 000
Unpaid Taxes	1 778 222 000	0	0	0
Dividends	0	0	1 912 500 000	1 800 000 000
Other Current Debt	662 343 000	941 101 000	4 798 433 000	9 334 607 000
Total Current Debt	3 309 154 000	2 497 837 000	9 092 765 000	23 471 239 000
Total Equity and Debt	18 797 289 000	19 877 943 000	131 966 748 000	133 502 825 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,2 %	42,22 %	−46,26 %	11,35 %
Debt-to-Equity Ratio	9,45	10,8	9,21	3,98
Operating Profit Margin	64,81 %	47,91 %	−32,9 %	26,68 %
Current Ratio	0,52	0,62	1,48	0,6
Quick Ratio	0,57	0,71	2,02	0,64
Equity Ratio	0,08	0,07	0,09	0,17
Gross Profit Margin	87,63 %	100 %	100 %	100 %