Var Energi ASA (VAR) — Cash Flow Quality Index
Var Energi ASA (VAR) has a Cash Flow Quality Index of 8.93x as of September 2025. Operating cash flow of Nkr12.13 Billion exceeds net income of Nkr1.36 Billion, indicating high earnings quality where cash backs reported profits. Explore VAR cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Var Energi ASA Cash Flow Quality Index (2017–2024)
Historical Cash Flow Quality Index for Var Energi ASA across 7 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does Var Energi ASA generate cash.
Annual Cash Flow Quality Index for Var Energi ASA (2017–2024)
Year-by-year earnings quality comparison for Var Energi ASA.
| Year | Quality Index | Operating CF (NOK) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.03x | Nkr3.41 Billion | Nkr3.31 Billion | ▲ +1.0% |
| 2023 | 1.02x | Nkr3.42 Billion | Nkr3.36 Billion | ▲ +5.0% |
| 2022 | 0.97x | Nkr5.68 Billion | Nkr5.86 Billion | ▼ -43.9% |
| 2021 | 1.73x | Nkr4.58 Billion | Nkr2.65 Billion | ▼ -47.9% |
| 2019 | 3.32x | Nkr1.50 Billion | Nkr451.44 Million | ▲ +70.5% |
| 2018 | 1.95x | Nkr1.53 Billion | Nkr782.67 Million | ▼ -3.0% |
| 2017 | 2.01x | Nkr933.44 Million | Nkr464.75 Million | — |