Vår Energi AS
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Vår Energi AS - overview
Established
2018
Location
Sandnes, -, Norway
Primary Industry
Oil & Gas
About
Based in Sandnes, Norway, and founded in 2018 by the merger between Eni Norge AS and Point Resources AS, a portfolio company of HitecVision. Vår Energi AS is a next-generation oil and gas operator on the NCS. Its name reflects the Norwegian word spring – symbolizing a new beginning and growth.
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Equipment and Services, Oil & Gas Exploration and Production
Website
www.varenergi.no
Total Amount Raised
Subscriber access only
Vår Energi AS - timeline of key events
Vår Energi AS - financials
| Fiscal Year Ended | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 3,090,242,892.778 | 2,737,090,810.797 | 1,579,343,309.512 | 1,647,583,263.249 | 1,912,009,998.752 | 2,718,972,645.711 | 2,828,028,384.368 | 2,871,728,388.846 | 6,043,375,000 | - | - | - |
| % Revenue Growth (YoY) | - | (11.4%) | (42.3%) | 4.3% | 16.0% | 42.2% | 4.0% | 1.5% | 110.4% | - | - | - |
| EBITDA (USD) | 2,174,231,167.548 | 1,847,642,950.979 | 99,987,466.189 | 1,026,003,638.336 | 1,460,718,282.304 | 2,036,392,539.747 | 1,786,622,736.296 | 675,222,656.628 | 4,614,147,000 | - | - | - |
| Operating Income (USD) | 1,668,371,814.229 | 1,320,833,235.476 | (396,256,486.499) | 199,845,712.596 | 667,963,234.336 | 1,050,163,891.694 | 762,246,705.582 | (947,646,999.11) | 2,909,586,000 | - | - | - |
| Operating Margin | 54.0% | 48.3% | (25.1%) | 12.1% | 34.9% | 38.6% | 27.0% | (33.0%) | 48.1% | - | - | - |
| % EBITDA Margin | 70.4% | 67.5% | 6.3% | 62.3% | 76.4% | 74.9% | 63.2% | 23.5% | 76.4% | - | - | - |
| NET Income (USD) | 550,721,655.036 | 527,520,421.835 | 102,066,428.022 | 83,388,280.867 | 162,269,153.817 | 292,454,953.065 | 285,528,416.515 | (593,053,086.541) | 621,585,000 | - | - | - |
| % Net Margin | 17.8% | 19.3% | 6.5% | 5.1% | 8.5% | 10.8% | 10.1% | (20.7%) | 10.3% | - | - | - |
Vår Energi AS - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Corporate Carve Out, Trade Sale | Completed | Neptune Energy Norge AS | - | ||||||||
| Merger | Completed | Eni Norge AS, Point Resources AS | - |
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Vår Energi AS - employee data
Vår Energi AS - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Chairman Of The Board | BM |
BM Board Member
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