FirmaIQ
Org.nr 988 571 326 2015 → 2016 Year-over-year analysis

TRANSOCEAN BARENTS ASA: årsregnskap 2016 vs 2015

Shrank 100% on revenue, cash halved-plus

approved 2017-08-24; registry 2017-08-28; journal 2017 879855

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for TRANSOCEAN BARENTS ASA. Revenue 83.37bn NOK → 83.4k NOK (-100.0%). Equity 367.91bn NOK → 259.51m NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: sharp cash drawdown; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for TRANSOCEAN BARENTS ASA.

At a glance

Scorecard

Revenue
83.37bn NOK 83.4k NOK
-100.0%
Operating result
-272.06m NOK n/m
—
Net result
-209.94m NOK n/m
—
Equity
367.91bn NOK 259.51m NOK
-99.9%
Cash
10.97m NOK 209.0k NOK
-98.1%
Total assets
n/m 380.22m NOK
—

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 83.37bn NOK to 83.4k NOK (-100.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 367.91bn NOK → 259.51m NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 10.97m NOK → 209.0k NOK (-98.1% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (10.97m NOK → 209.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 365.41bn NOK → 365.41m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 4.64bn NOK → 3.91m NOK. Reported fact