Org.nr 988 571 326 2021 → 2022 Year-over-year analysis

TRANSOCEAN BARENTS ASA: årsregnskap 2022 vs 2021

Shrank 38% on revenue, stronger earnings

approved 2023-06-30; registry 2023-07-31; journal 2023 629045

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for TRANSOCEAN BARENTS ASA. Revenue 969.0k NOK → 603.0k NOK (-37.8%). Net result -95.96m NOK → -51.18m NOK. Equity 91.59m NOK → 41.02m NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
969.0k NOK 603.0k NOK
-37.8%
Operating result
-94.45m NOK -45.84m NOK
+51.5%
Net result
-95.96m NOK -51.18m NOK
+46.7%
Equity
91.59m NOK 41.02m NOK
-55.2%
Cash
84.0k NOK 243.0k NOK
+189.3%
Total assets
246.48m NOK 235.07m NOK
-4.6%

What improved

  • ↑

    Operating result improved

    Operating result -94.45m NOK → -45.84m NOK (op. margin -9747.2% → -7601.7%). Calculated

  • ↑

    Net result improved

    Net result -95.96m NOK → -51.18m NOK (net margin -9902.6% → -8487.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 84.0k NOK → 243.0k NOK (+189.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 969.0k NOK to 603.0k NOK (-37.8% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 91.59m NOK → 41.02m NOK (equity ratio 37.2% → 17.4%). Calculated