Org.nr 988 571 326 2018 → 2019 Year-over-year analysis

TRANSOCEAN BARENTS ASA: årsregnskap 2019 vs 2018

Another loss-making year

approved 2020-08-26; registry 2020-09-17; journal 2020 822397

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for TRANSOCEAN BARENTS ASA. Revenue 20.64m NOK → 21.27m NOK (+3.1%). Equity 204.63m NOK → 196.97m NOK.

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

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

At a glance

Revenue

20.64m NOK 21.27m NOK

+3.1%

Operating result

n/m -1.56m NOK

—

Net result

n/m -7.66m NOK

—

Equity

204.63m NOK 196.97m NOK

-3.7%

Cash

837 NOK 59.0k NOK

+6949.0%

Total assets

341.88m NOK 347.4k NOK

-99.9%

↑
Revenue rose

Operating income / revenue moved from 20.64m NOK to 21.27m NOK (+3.1% YoY). Calculated
↑
Cash rose

Bank deposits 837 NOK → 59.0k NOK (+6949.0% YoY). Calculated

↓
Equity eroded

Book equity 204.63m NOK → 196.97m NOK (equity ratio 59.9% → 56695.5%). Calculated

·
Book investments changed

Investment / intangible book value 139.0k NOK → 8.76m NOK. Reported fact