Var Energi ASA (OSL:VAR) Cash And Cash Equivalents : kr6,762 Mil (As of Mar. 2025)

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What is Var Energi ASA Cash And Cash Equivalents?

Var Energi ASA's quarterly cash and cash equivalents declined from Sep. 2024 (kr8,316.58 Mil) to Dec. 2024 (kr2,991.17 Mil) but then increased from Dec. 2024 (kr2,991.17 Mil) to Mar. 2025 (kr6,761.75 Mil).

Var Energi ASA's annual cash and cash equivalents increased from Dec. 2022 (kr4,294.81 Mil) to Dec. 2023 (kr7,645.42 Mil) but then declined from Dec. 2023 (kr7,645.42 Mil) to Dec. 2024 (kr2,991.17 Mil).

Var Energi ASA Cash And Cash Equivalents Historical Data

The historical data trend for Var Energi ASA's Cash And Cash Equivalents 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.

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Var Energi ASA Cash And Cash Equivalents Chart

Var Energi ASA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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2,289.43

1,923.15

4,294.81

7,645.42

2,991.17

Var Energi ASA Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash And Cash Equivalents	Get a 7-Day Free Trial															7,425.32	3,252.09	8,316.58	2,991.17	6,761.75

Var Energi ASA Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Var Energi ASA (OSL:VAR) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Var Energi ASA Cash And Cash Equivalents Related Terms

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Var Energi ASA Business Description

Industry

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Address

Vestre Svanholmen 1, Sandnes, NOR, 4313

Website

https://www.varenergi.no

Var Energi ASA 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.