Var Energi ASA (VAR) — Defensive Interval Ratio
Var Energi ASA (VAR) has a Defensive Interval Ratio of 68 days as of September 2025. Defensive assets of Nkr5.46 Billion (cash Nkr-, short-term investments Nkr-, receivables Nkr5.46 Billion) cover 68 days of daily cash needs of Nkr80.54 Million/day. Check VAR intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Var Energi ASA Defensive Interval Ratio (2017–2024)
This chart shows how Var Energi ASA's Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 68 days, meaning defensive assets of Nkr5.46 Billion can fund 68 days of operations without new revenue. Also explore VAR net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Var Energi ASA (2017–2024)
The table below presents the year-by-year Defensive Interval Ratio for Var Energi ASA from 2017 to 2024, covering 8 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see market value of Var Energi ASA.
| Year | DIR (days) | Defensive Assets (NOK) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 188 days | Nkr979.22 Million | Nkr5.20 Million/day | Nkr266.58 Million | Nkr- | ▼ 0 days |
| 2023 | 189 days | Nkr1.10 Billion | Nkr5.82 Million/day | Nkr724.73 Million | Nkr10.19 Million | ▲ +34 days |
| 2022 | 154 days | Nkr1.40 Billion | Nkr9.07 Million/day | Nkr434.69 Million | Nkr- | ▲ +1 days |
| 2021 | 153 days | Nkr931.47 Million | Nkr6.09 Million/day | Nkr9.46 Million | Nkr- | ▼ -14 days |
| 2020 | 167 days | Nkr428.92 Million | Nkr2.57 Million/day | Nkr262.94 Million | Nkr- | ▲ +71 days |
| 2019 | 96 days | Nkr710.50 Million | Nkr7.38 Million/day | Nkr195.92 Million | Nkr- | ▼ -471 days |
| 2018 | 568 days | Nkr1.12 Billion | Nkr1.98 Million/day | Nkr883.19 Million | Nkr- | ▲ +322 days |
| 2017 | 246 days | Nkr198.32 Million | Nkr807.56K/day | Nkr12.20 Million | Nkr- | — |