Org.nr 888 571 302 2009 → 2010 Year-over-year analysis

TRANSOCEAN SPITSBERGEN ASA: årsregnskap 2010 vs 2009

Grew 743045% on revenue

approved 2011-06-20; registry 2011-07-06; journal 2011 477149

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for TRANSOCEAN SPITSBERGEN ASA. Revenue 13.3k NOK → 99.09m NOK (+743045.3%). Equity 306.3k NOK → 324.1k NOK.

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

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for TRANSOCEAN SPITSBERGEN ASA.

Scorecard

Revenue
13.3k NOK 99.09m NOK
+743045.3%
Operating result
+2.63m NOK +63.25m NOK
+2307.8%
Net result
n/m +26.96m NOK
—
Equity
306.3k NOK 324.1k NOK
+5.8%
Cash
19.18m NOK 18.29m NOK
-4.6%
Total assets
884.78m NOK 906.9k NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 13.3k NOK to 99.09m NOK (+743045.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.63m NOK → +63.25m NOK (op. margin 19701.5% → 63.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 306.3k NOK → 324.1k NOK (equity ratio 0.0% → 35.7%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 19.18m NOK → 18.29m NOK (-4.6% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 288.06m NOK → 289.4k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1.70m NOK → 18.47m NOK. Reported fact