VREAF (Var Energi ASA) Accumulated Depreciation: $-12,528 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

VREAF Var Energi ASA VREAF
73 GF Score
Price $5.84
GF Value $5.37
! 6 Warning Signs
View Full Analysis

What is Var Energi ASA Accumulated Depreciation?

Var Energi ASA VREAF 73 Accumulated Depreciation is $-12,528 Mil as of Jun. 2026. GuruFocus rates VREAF with a GF Score™ of 73/100 and a GF Value™ of $5.37. The stock has 6 warning signs investors should review.

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Var Energi ASA's quarterly accumulated depreciation increased from Dec. 2025 ($-11,119 Mil) to Mar. 2026 ($-12,348 Mil) and increased from Mar. 2026 ($-12,348 Mil) to Jun. 2026 ($-12,528 Mil).

Var Energi ASA's annual accumulated depreciation declined from Dec. 2023 ($-7,781 Mil) to Dec. 2024 ($0 Mil) but then increased from Dec. 2024 ($0 Mil) to Dec. 2025 ($-11,119 Mil).

Var Energi ASA Accumulated Depreciation Related Terms

Var Energi ASA Accumulated Depreciation Historical Data

* Premium members only.

The historical data trend for Var Energi ASA's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Var Energi ASA Accumulated Depreciation Chart

Var Energi ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accumulated Depreciation
Get a 7-Day Free Trial -4,676.57 -6,020.92 -7,780.55 0.00 -11,118.50

Var Energi ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -9,658.90 -10,409.30 -11,118.50 -12,347.60 -12,528.30
VREAF
73GF Score
Var Energi ASA VREAF
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Var Energi ASA Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

What does a Accumulated Depreciation of $-12,528 Mil mean?
Var Energi ASA (VREAF) has a Accumulated Depreciation of $-12,528 Mil as of Jun. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Var Energi ASA and its competitors.
Is Var Energi ASA's Accumulated Depreciation too high?
Var Energi ASA's current Accumulated Depreciation is $-12,528 Mil. Overall, Var Energi ASA has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Var Energi ASA's Accumulated Depreciation compare to COP and EOG?
Var Energi ASA's Accumulated Depreciation of $-12,528 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for an Oil & Gas company?
A good Accumulated Depreciation depends on the Oil & Gas industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Var Energi ASA and its competitors. Var Energi ASA's current Accumulated Depreciation is $-12,528 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Var Energi ASA stock overvalued right now?
Var Energi ASA (VREAF) has a current Accumulated Depreciation of $-12,528 Mil. The stock's GF Value™ is $5.37, compared to a current price of $5.84 — trading 8.8% above its estimated fair value. The current Accumulated Depreciation is $-12,528 Mil. Var Energi ASA's overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For Var Energi ASA (VREAF), the current Accumulated Depreciation is $-12,528 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Var Energi ASA (VREAF) Overvalued in 2026?

Based on GuruFocus' analysis, Var Energi ASA stock appears to be overvalued. The current stock price of $5.84 is trading 8.8% above its estimated GF Value™ of $5.37.

Key valuation signals for VREAF:

  • Accumulated Depreciation: $-12,528 Mil
  • GF Value™: $5.37 vs. price of $5.84 (8.8% above fair value)
  • GF Score™: 73/100 with 6 warning signs

No single metric tells the full story. See the VREAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Var Energi ASA Business Description

Industry EnergyOil & Gas
Address Vestre Svanholmen 1, Sandnes, NOR, 4313
Var Energi ASA is an independent upstream oil and gas company on the Norwegian continental shelf. It operates within the geographical area of Norway and the business is entirely related to the exploration for and production of petroleum in Norway. The Company operates within a single operating segment, and the products include oil and gas, natural gas liquids (NGL). Revenues are mainly related to the sale of oil, gas, and NGL. Var Energi is the operator of the following producing fields: Goliat (Barents Sea), Fenja (Norwegian Sea), Gjoa, Duva, Balder, and Ringhorne (North Sea).
73GF Score

Get the complete analysis for VREAF

Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.84
Price
$5.37
GF Value