Var Energi ASA (VAR) — Working Capital to Net Assets Ratio
Var Energi ASA (VAR) has a Working Capital to Net Assets ratio of -2469.2% as of September 2025. Working capital of Nkr-8.25 Billion (current assets of Nkr21.14 Billion minus current liabilities of Nkr29.40 Billion) is measured against net assets of Nkr334.26 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Var Energi ASA net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Var Energi ASA Working Capital to Net Assets (2017–2024)
This chart shows how Var Energi ASA's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at -2469.2%, reflecting working capital of Nkr-8.25 Billion against net assets of Nkr334.26 Million NOK. Check Var Energi ASA tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Var Energi ASA (2017–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Var Energi ASA from 2017 to 2024, covering 8 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Var Energi ASA market capitalisation.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -75.7% | Nkr-630.00 Million | Nkr832.51 Million | Nkr1.27 Billion | Nkr1.90 Billion | ▼ -49.4 pp |
| 2023 | -26.3% | Nkr-465.31 Million | Nkr1.77 Billion | Nkr1.66 Billion | Nkr2.12 Billion | ▲ +80.9 pp |
| 2022 | -107.3% | Nkr-1.59 Billion | Nkr1.48 Billion | Nkr1.72 Billion | Nkr3.31 Billion | ▼ -57.9 pp |
| 2021 | -49.4% | Nkr-748.76 Million | Nkr1.52 Billion | Nkr1.47 Billion | Nkr2.22 Billion | ▼ -79.0 pp |
| 2020 | 29.6% | Nkr548.53 Million | Nkr1.85 Billion | Nkr1.49 Billion | Nkr937.85 Million | ▲ +54.1 pp |
| 2019 | -24.6% | Nkr-995.34 Million | Nkr4.05 Billion | Nkr1.70 Billion | Nkr2.69 Billion | ▼ -38.6 pp |
| 2018 | 14.0% | Nkr803.62 Million | Nkr5.74 Billion | Nkr1.52 Billion | Nkr720.88 Million | ▲ +14.7 pp |
| 2017 | -0.7% | Nkr-3.70 Million | Nkr545.05 Million | Nkr291.05 Million | Nkr294.76 Million | — |