Var Energi ASA (VAR) - Cash Flow Conversion Efficiency

Latest 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 ≈ $1.28 Billion USD) by net assets (Nkr334.26 Million ≈ $35.17 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see market value of Var Energi ASA for the company's overall valuation and market capitalisation.

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.

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. Explore VAR cash flow quality score to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Henkel AG & Co. KGaA vz. (Pref Shares) XETRA:HEN3	0.034x
ASR Nederland NV AS:ASRNL	0.019x
Mid-America Apartment Communities Inc NYSE:MAA	0.026x
Omega Healthcare Investors Inc NYSE:OHI	0.040x
Telus Corp TO:T	0.064x
Lincoln Electric Holdings Inc NASDAQ:LECO	0.068x
Talen Energy Corporation NASDAQ:TLN	-0.265x
Societatea Nationala de Gaze Naturale Romgaz SA RO:SNG	0.033x

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. View VAR stock price and chart for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	Nkr832.51 Million ≈ $87.60 Million	Nkr3.41 Billion ≈ $358.61 Million	4.094x	+111.61%
2023-12-31	Nkr1.77 Billion ≈ $186.05 Million	Nkr3.42 Billion ≈ $359.91 Million	1.935x	-49.56%
2022-12-31	Nkr1.48 Billion ≈ $155.90 Million	Nkr5.68 Billion ≈ $597.90 Million	3.835x	+26.93%
2021-12-31	Nkr1.52 Billion ≈ $159.51 Million	Nkr4.58 Billion ≈ $481.94 Million	3.021x	+221.37%
2020-12-31	Nkr1.85 Billion ≈ $195.19 Million	Nkr1.74 Billion ≈ $183.50 Million	0.940x	+154.08%
2019-12-31	Nkr4.05 Billion ≈ $426.57 Million	Nkr1.50 Billion ≈ $157.84 Million	0.370x	+39.21%
2018-12-31	Nkr5.74 Billion ≈ $603.78 Million	Nkr1.53 Billion ≈ $160.48 Million	0.266x	-84.48%
2017-12-31	Nkr545.05 Million ≈ $57.36 Million	Nkr933.44 Million ≈ $98.22 Million	1.713x	--

About Var Energi ASA

OL:VAR Norway Oil & Gas E&P

Market Cap

$14.09 Billion

Nkr133.86 Billion NOK

Market Cap Rank

#1714 Global

#8 in Norway

Share Price

Nkr53.62

Change (1 day)

-1.29%

52-Week Range

Nkr31.25 - Nkr54.74

All Time High

Nkr54.74