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). Also explore net asset growth rate of Var Energi ASA to track the company's year-over-year net asset growth rate.
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. Check how strategically is Var Energi ASA's equity deployed to assess the company's strategic physical and investment asset allocation.
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 Energi ASA market cap and 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 | — |