VARRY (Var Energi ASA) Intangible Assets: $3,713 Mil (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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VARRY Var Energi ASA VARRY
66 GF Score
Price $9.60
GF Value $9.46
Valuation Fairly Valued
! 6 Warning Signs
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What is Var Energi ASA Intangible Assets?

Var Energi ASA VARRY -0.52% 66 Intangible Assets is $3,713 Mil as of Jun. 2026. GuruFocus rates VARRY with a GF Score™ of 66/100 and a GF Value™ of $9.46 (Fairly Valued). The stock has 6 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Var Energi ASA's intangible assets for the quarter that ended in Jun. 2026 was $3,713 Mil.


Var Energi ASA  (OTCPK:VARRY) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


Var Energi ASA Intangible Assets Related Terms


Var Energi ASA Intangible Assets Historical Data

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The historical data trend for Var Energi ASA's Intangible Assets 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 Intangible Assets Chart

Var Energi ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intangible Assets
Get a 7-Day Free Trial 2,636.42 2,113.03 2,041.54 3,229.80 3,493.90

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
Intangible Assets 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 3,477.60 3,486.70 3,493.90 3,611.20 3,712.70
VARRY
66GF Score
Var Energi ASA VARRY
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Var Energi ASA Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.

Frequently Asked Questions Learn more about Intangible Assets →
What does a Intangible Assets of $3,713 Mil mean?
Var Energi ASA (VARRY) has a Intangible Assets of $3,713 Mil as of Jun. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Var Energi ASA and its competitors.
Is Var Energi ASA's Intangible Assets too high?
Var Energi ASA's current Intangible Assets is $3,713 Mil. Overall, Var Energi ASA has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Var Energi ASA's Intangible Assets compare to COP and EOG?
Var Energi ASA's Intangible Assets of $3,713 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 Intangible Assets for an Oil & Gas company?
A good Intangible Assets depends on the Oil & Gas industry context. However, Intangible Assets 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 Intangible Assets mean?
A high Intangible Assets can signal that a stock is expensive relative to its fundamentals. Intangible assets include patents, goodwill and trade secrets. View historical data on Var Energi ASA and its competitors. Var Energi ASA's current Intangible Assets is $3,713 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?
Based on GuruFocus' analysis, Var Energi ASA (VARRY) is currently considered Fairly Valued. The stock's GF Value™ is $9.46, compared to a current price of $9.60 — trading 1.5% above its estimated fair value. The current Intangible Assets is $3,713 Mil. Var Energi ASA's overall GF Score™ is 66/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intangible Assets calculated?
Intangible Assets is calculated from a company's financial statements. For Var Energi ASA (VARRY), the current Intangible Assets is $3,713 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 (VARRY) Overvalued in 2026?

Based on GuruFocus' analysis, Var Energi ASA stock appears to be overvalued. The current stock price of $9.60 is trading 1.5% above its estimated GF Value™ of $9.46. GuruFocus considers Var Energi ASA to be Fairly Valued.

Key valuation signals for VARRY:

  • Intangible Assets: $3,713 Mil
  • GF Value™: $9.46 vs. price of $9.60 (1.5% above fair value)
  • GF Score™: 66/100 with 6 warning signs

No single metric tells the full story. See the VARRY 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).
66GF Score

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

$9.60
Price
$9.46
GF Value