TRANSOCEAN BARENTS ASA: årsregnskap 2011 vs 2010
Weaker earnings
approved 2012-06-25; registry 2012-07-21; journal 2012 551974
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for TRANSOCEAN BARENTS ASA. Revenue 116.64bn NOK → 113.47bn NOK (-2.7%). Net result +209.48m NOK → +33.84m NOK. Equity 376.38m NOK → 420.07m NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for TRANSOCEAN BARENTS ASA.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 376.38m NOK → 420.07m NOK. Calculated
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↑
Cash rose
Bank deposits 19.67bn NOK → 24.31bn NOK (+23.6% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.71× → 621.54×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 116.64bn NOK to 113.47bn NOK (-2.7% YoY). Calculated
-
↓
Operating result weakened
Operating result +82.43m NOK → +78.09m NOK (op. margin 0.1% → 0.1%). Calculated
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↓
Net result weakened
Net result +209.48m NOK → +33.84m NOK (net margin 0.2% → 0.0%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 299.04bn NOK → 308.89m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 116.07bn NOK → 135.99m NOK. Reported fact