FirmaIQ
Org.nr 988 571 326 2022 → 2023 Year-over-year analysis

TRANSOCEAN BARENTS ASA: årsregnskap 2023 vs 2022

Grew 3239% on revenue, stronger earnings, cash halved-plus

approved 2024-06-26; registry 2024-07-20; journal 2024 648338

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for TRANSOCEAN BARENTS ASA. Revenue 603.0k NOK → 20.13m NOK (+3239.0%). Net result -51.18m NOK → -27.55m NOK. Equity 41.02m NOK → 13.47m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
603.0k NOK 20.13m NOK
+3239.0%
Operating result
-45.84m NOK -18.15m NOK
+60.4%
Net result
-51.18m NOK -27.55m NOK
+46.2%
Equity
41.02m NOK 13.47m NOK
-67.2%
Cash
243.0k NOK 60.0k NOK
-75.3%
Total assets
235.07m NOK 259.8k NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 603.0k NOK to 20.13m NOK (+3239.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -45.84m NOK → -18.15m NOK (op. margin -7601.7% → -90.1%). Calculated

  • ↑

    Net result improved

    Net result -51.18m NOK → -27.55m NOK (net margin -8487.7% → -136.8%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.12× → 245.39×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 41.02m NOK → 13.47m NOK (equity ratio 17.4% → 5184.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 243.0k NOK → 60.0k NOK (-75.3% YoY). Calculated