Var Energi ASA (VAR) — Financial Flexibility Index
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 asset allocation strategy of Var Energi ASA to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Var Energi ASA Financial Flexibility Index (2017–2024)
Historical Financial Flexibility Index trend for Var Energi ASA across 8 annual periods. See VAR net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Var Energi ASA (2017–2024)
Year-by-year free cash flow to debt coverage for Var Energi ASA. For the full company profile including market capitalisation, see VAR company net worth.
| 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 | — |