Var Energi ASA (VAR) — Financial Flexibility Index

Latest as of September 2025: 0.07x

Var Energi ASA (VAR) has a Financial Flexibility Index of 0.07x as of September 2025. Free cash flow of Nkr18.35 Billion (operating CF Nkr12.13 Billion minus capex Nkr6.22 Billion) represents 0% of total liabilities (Nkr265.55 Billion). Check Var Energi ASA (VAR) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.07x
Free Cash Flow / Total Liabilities

Free Cash Flow

Nkr18.35 Billion
Operating CF − Capex

Total Liabilities

Nkr265.55 Billion
NOK

Capital Expenditures

Nkr6.22 Billion
NOK

Var Energi ASA Financial Flexibility Index (2017–2024)

Historical Financial Flexibility Index trend for Var Energi ASA across 8 annual periods. For the full cash flow conversion analysis, see Var Energi ASA (VAR) cash flow conversion.

Annual Financial Flexibility Index for Var Energi ASA (2017–2024)

Year-by-year free cash flow to debt coverage for Var Energi ASA. Explore debt repayment capacity of Var Energi ASA to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (NOK) Operating CF Total Liabilities YoY Change
2024 0.30x Nkr6.35 Billion Nkr3.41 Billion Nkr21.04 Billion ▼ -12.8%
2023 0.35x Nkr6.06 Billion Nkr3.42 Billion Nkr17.52 Billion ▼ -27.6%
2022 0.48x Nkr8.28 Billion Nkr5.68 Billion Nkr17.32 Billion ▲ +21.9%
2021 0.39x Nkr7.16 Billion Nkr4.58 Billion Nkr18.28 Billion ▲ +102.8%
2020 0.19x Nkr3.56 Billion Nkr1.74 Billion Nkr18.40 Billion ▲ +21.3%
2019 0.16x Nkr2.78 Billion Nkr1.50 Billion Nkr17.47 Billion ▼ -35.8%
2018 0.25x Nkr2.01 Billion Nkr1.53 Billion Nkr8.11 Billion ▼ -19.6%
2017 0.31x Nkr1.29 Billion Nkr933.44 Million Nkr4.19 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities