Org.nr 988 571 326 2016 → 2017 Year-over-year analysis

TRANSOCEAN BARENTS ASA: årsregnskap 2017 vs 2016

Grew 2914% on revenue, cash halved-plus

approved 2018-06-28; registry 2018-07-30; journal 2018 815706

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for TRANSOCEAN BARENTS ASA. Revenue 83.4k NOK → 2.51m NOK (+2914.2%). Equity 259.51m NOK → 205.62m NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for TRANSOCEAN BARENTS ASA.

At a glance

Revenue

83.4k NOK 2.51m NOK

+2914.2%

Equity

259.51m NOK 205.62m NOK

-20.8%

Cash

209.0k NOK 665 NOK

-99.7%

Total assets

380.22m NOK 359.18m NOK

-5.5%

↑
Revenue rose

Operating income / revenue moved from 83.4k NOK to 2.51m NOK (+2914.2% YoY). Calculated

↓
Equity eroded

Book equity 259.51m NOK → 205.62m NOK (equity ratio 68.3% → 57.2%). Calculated
↓
Cash fell

Bank deposits 209.0k NOK → 665 NOK (-99.7% YoY). Calculated

·
Book investments changed

Investment / intangible book value 3.91m NOK → 339.0k NOK. Reported fact