FirmaIQ
Org.nr 988 571 326 2020 → 2021 Year-over-year analysis

TRANSOCEAN BARENTS ASA: årsregnskap 2021 vs 2020

Shrank 97% on revenue, weaker earnings

approved 2022-06-22; registry 2022-07-14; journal 2022 641386

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for TRANSOCEAN BARENTS ASA. Revenue 31.91m NOK → 969.0k NOK (-97.0%). Net result -9.43m NOK → -95.96m NOK. Equity 187.55m NOK → 91.59m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

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

At a glance

Scorecard

Revenue
31.91m NOK 969.0k NOK
-97.0%
Operating result
-3.23m NOK -94.45m NOK
-2824.1%
Net result
-9.43m NOK -95.96m NOK
-918.0%
Equity
187.55m NOK 91.59m NOK
-51.2%
Cash
57.0k NOK 84.0k NOK
+47.4%
Total assets
269.11m NOK 246.48m NOK
-8.4%

What improved

  • ↑

    Cash rose

    Bank deposits 57.0k NOK → 84.0k NOK (+47.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 31.91m NOK to 969.0k NOK (-97.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -3.23m NOK → -94.45m NOK (op. margin -10.1% → -9747.2%). Calculated

  • ↓

    Net result weakened

    Net result -9.43m NOK → -95.96m NOK (net margin -29.5% → -9902.6%). Calculated

  • ↓

    Equity eroded

    Book equity 187.55m NOK → 91.59m NOK (equity ratio 69.7% → 37.2%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 321.0k NOK → 329 NOK. Reported fact