Var Energi ASA
Vår Energi ASA operates as an independent upstream oil and gas company on the Norwegian continental shelf in Norway. It produces crude oil and natural gas liquids. The company was formerly known as Eni Norge AS and changed its name to Vår Energi AS in December 2018. The company was incorporated in 1965 and is headquartered in Sandnes, Norway. Vår Energi ASA is a subsidiary of Eni International B.… Read more
Var Energi ASA (VAR) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 36.298x
Based on the latest financial reports, Var Energi ASA (VAR) has a cash flow conversion efficiency ratio of 36.298x as of September 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Nkr12.13 Billion) by net assets (Nkr334.26 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Var Energi ASA - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Var Energi ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Var Energi ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Var Energi ASA ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
EDENRED UNSP.ARD 1/2 EO 2
F:QSV0
|
N/A |
|
StoneCo Ltd
NASDAQ:STNE
|
-0.089x |
|
JSC National Atomic Company Kazatomprom
PINK:NATKY
|
0.065x |
|
Adtalem Global Education Inc
NYSE:ATGE
|
0.022x |
|
Hainan HNA Infrastructure Investment Group Co Ltd
SHG:600515
|
0.026x |
|
F5, Inc.
SA:F1FI34
|
0.045x |
|
WSFS Financial Corporation
NASDAQ:WSFS
|
0.045x |
|
Wallenius Wilhelmsen ASA
OTCGREY:WILWY
|
0.109x |
Annual Cash Flow Conversion Efficiency for Var Energi ASA (2017–2024)
The table below shows the annual cash flow conversion efficiency of Var Energi ASA from 2017 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr832.51 Million | Nkr3.41 Billion | 4.094x | +111.61% |
| 2023-12-31 | Nkr1.77 Billion | Nkr3.42 Billion | 1.935x | -49.56% |
| 2022-12-31 | Nkr1.48 Billion | Nkr5.68 Billion | 3.835x | +26.93% |
| 2021-12-31 | Nkr1.52 Billion | Nkr4.58 Billion | 3.021x | +221.37% |
| 2020-12-31 | Nkr1.85 Billion | Nkr1.74 Billion | 0.940x | +154.08% |
| 2019-12-31 | Nkr4.05 Billion | Nkr1.50 Billion | 0.370x | +39.21% |
| 2018-12-31 | Nkr5.74 Billion | Nkr1.53 Billion | 0.266x | -84.48% |
| 2017-12-31 | Nkr545.05 Million | Nkr933.44 Million | 1.713x | -- |