Var Energi ASA Cash Flow Conversion Efficiency
Var Energi ASA cash flow conversion efficiency. 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.
Cash Flow Conversion Efficiency of Var Energi ASA (2017–2024)
Cash flow conversion efficiency of Var Energi ASA from 2017 to 2024. This chart illustrates how Var Energi ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. View VAR live share price for real-time trading data and today's change.
Var Energi ASA Cash Flow Conversion Ratio Explained
Var Energi ASA cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see Var Energi ASA (VAR) total market value for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
HAL TR. UNITS
F:HA4
|
N/A |
|
Burlington Stores Inc
NYSE:BURL
|
0.136x |
|
REA Group Ltd
AU:REA
|
0.179x |
|
RBC Bearings Incorporated
NYSE:RBC
|
0.050x |
|
MTN GROUP ADR/1 RC-0001
F:LL6A
|
N/A |
|
Lundin Gold Inc
TO:LUG
|
0.153x |
|
Beijing Kingsoft Office Software In
SHG:688111
|
0.083x |
|
Origin Energy Ltd
AU:ORG
|
0.113x |
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. Review VAR cash flow after capex ratio to assess how much free cash flow the company generates relative to operating cash flow.
| 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
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