Org.nr 888 571 302 2008 → 2009 Year-over-year analysis

TRANSOCEAN SPITSBERGEN ASA: årsregnskap 2009 vs 2008

Fresh owner capital

approved 2010-04-23; registry 2010-08-14; journal 2010 592747

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for TRANSOCEAN SPITSBERGEN ASA. Revenue 0 NOK → 13.3k NOK. Equity 12.30m NOK → 306.3k NOK.

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

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for TRANSOCEAN SPITSBERGEN ASA.

Scorecard

Revenue
0 NOK 13.3k NOK
—
Operating result
n/m +2.63m NOK
—
Equity
12.30m NOK 306.3k NOK
-97.5%
Cash
4.92m NOK 19.18m NOK
+290.0%
Total assets
1.23m NOK 884.78m NOK
+71624.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 13.3k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 4.92m NOK → 19.18m NOK (+290.0% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 12.29m NOK → 288.06m NOK (+275.77m NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 12.30m NOK → 306.3k NOK (equity ratio 997.3% → 0.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 9.92m NOK → 1.70m NOK. Reported fact