Vår Energi (OSL: VAR) stock: the official figures
Vår Energi (VÅR ENERGI ASA) is listed on the Oslo stock exchange under the ticker VAR and belongs to the energy sector. In fiscal 2025 it reported a net profit of $846.4m, according to the annual accounts it filed with the regulator.
Identifiers for Vår Energi: ISIN NO0011202772 · LEI 549300LIVN3FFOJN2K47.
Fiscal 2025 figures
| Item | 2025 | 2024 | Change |
|---|---|---|---|
| Operating profit | $4,185m | $3,790m | +10.4% |
| Net profit | $846.4m | $327.1m | +158.8% |
| Earnings per share | $0.31 | $0.11 | +181.8% |
| Total assets | $26,145m | $21,868m | +19.6% |
| Equity | $560.0m | $832.5m | −32.7% |
| Cash | $699.9m | $278.9m | +151.0% |
| Operating cash flow | $4,607m | $3,408m | +35.2% |
Margins are calculated from the filed figures: operating profit and net profit over revenue.
6 fiscal years
| Fiscal year | Operating profit | Net profit | Earnings per share | Document |
|---|---|---|---|---|
| 2025 | $4,185m | $846.4m | $0.31 | Annual report |
| 2024 | $3,790m | $327.1m | $0.11 | Annual report |
| 2023 | $3,517m | $610.2m | $0.24 | Annual report |
| 2022 | $6,369m | $936.4m | $0.38 | Annual report |
| 2021 | $2,910m | $621.6m | $1,556.00 | Annual report |
| 2020 | −$2,253m | −$1,627m | −$4,072.00 | — |
The full income statement, balance sheet and cash flow statement are in the annual accounts of Vår Energi. Year by year: dividends paid.
Dividends
In fiscal 2025, Vår Energi paid $1,170m in dividends, 138.2% of its net profit, according to its cash flow statement.
| Fiscal year | Dividends paid | Share of net profit |
|---|---|---|
| 2025 | $1,170m | 138.2% |
| 2024 | $1,080m | 330.2% |
| 2023 | $1,110m | 181.9% |
| 2022 | $775.0m | 82.8% |
| 2021 | $950.0m | 152.8% |
| 2020 | $450.0m | — |
Cash paid out as dividends during the fiscal year, including dividends to minority shareholders of subsidiaries when the company does not report them separately. It is not the dividend per share.
Frequently asked questions about Vår Energi
- How much did Vår Energi earn in fiscal 2025?
- Vår Energi reported a net profit of $846.4m for fiscal 2025. The year before it reported a net profit of $327.1m.
- Does Vår Energi pay a dividend?
- In fiscal 2025, Vår Energi paid $1,170m in dividends, 138.2% of its net profit, according to its cash flow statement.
- What are the earnings per share of Vår Energi?
- They were $0.31 in fiscal 2025, compared with $0.11 the year before.
- Where is Vår Energi listed?
- Vår Energi is listed on the Oslo stock exchange under the ticker VAR and belongs to the energy sector.
- What is the ISIN of Vår Energi?
- The ISIN of Vår Energi is NO0011202772, the international code that identifies its shares. Its LEI, the legal entity identifier, is 549300LIVN3FFOJN2K47.
- Where do the figures for Vår Energi come from?
- From the report Vår Energi files every year in the European single electronic format (ESEF), the one it files with the regulator of its home market. Each fiscal year links to its filing.
Where each figure comes from
The annual accounts come from the report Vår Energi files every year in the European single electronic format (ESEF), the one it files with the regulator of its home market. Each fiscal year in the table links to its filing. Celsmar reads the tagged figures from the document and does not adjust them: if an item is not in the filing, it is not shown. More detail in data sources and, if you spot an error, in corrections. What Celsmar is and what it costs, in its fact sheet.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.