Org.nr 988 571 326 2023 → 2024 Year-over-year analysis

TRANSOCEAN BARENTS ASA: årsregnskap 2024 vs 2023

Shrank 49% on revenue, weaker earnings, cash halved-plus

approved 2025-06-26; registry 2025-07-07; journal 2025 635252

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for TRANSOCEAN BARENTS ASA. Revenue 20.13m NOK → 10.27m NOK (-49.0%). Net result -27.55m NOK → -103.42m NOK. Equity 13.47m NOK → -89.95m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for TRANSOCEAN BARENTS ASA.

Scorecard

Revenue
20.13m NOK 10.27m NOK
-49.0%
Operating result
-18.15m NOK -90.10m NOK
-396.5%
Net result
-27.55m NOK -103.42m NOK
-275.4%
Equity
13.47m NOK -89.95m NOK
-767.8%
Cash
60.0k NOK 21.0k NOK
-65.0%
Total assets
259.8k NOK 244.53m NOK
+94007.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 20.13m NOK to 10.27m NOK (-49.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -18.15m NOK → -90.10m NOK (op. margin -90.1% → -877.4%). Calculated

  • ↓

    Net result weakened

    Net result -27.55m NOK → -103.42m NOK (net margin -136.8% → -1007.1%). Calculated

  • ↓

    Equity eroded

    Book equity 13.47m NOK → -89.95m NOK (equity ratio 5184.0% → -36.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 60.0k NOK → 21.0k NOK (-65.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -36.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation