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. See Var Energi ASA defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

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.

Company	Cash Flow Conversion Efficiency
Wuxi Lead Auto Equipment Co Ltd SHE:300450	0.119x
VERBUND AG VI:VER	0.039x
Nutanix Inc NASDAQ:NTNX	-0.294x
Hong Leong Bank Bhd KLSE:5819	0.055x
A.P.MOELL-M.B U.ADR 1/200 F:DP4H	0.044x
Aier Eye Hospital Group SHE:300015	0.069x
WinWay Technology Co. Ltd TW:6515	0.020x
Revvity Inc. NYSE:RVTY	0.016x

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. For the full company profile with market capitalisation and key ratios, see Var Energi ASA stock valuation.

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

$11.32 Billion

Nkr107.55 Billion NOK

Market Cap Rank

#2067 Global

#9 in Norway

Share Price

Nkr43.08

Change (1 day)

-2.09%

52-Week Range

Nkr31.25 - Nkr50.54

All Time High

Nkr50.54