FirmaIQ
Org.nr 888 571 302 2012 → 2013 Year-over-year analysis

TRANSOCEAN SPITSBERGEN ASA: årsregnskap 2013 vs 2012

Cash halved-plus

approved 2014-06-20; registry 2014-07-14; journal 2014 580917

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for TRANSOCEAN SPITSBERGEN ASA. Revenue 102.48m NOK → 102.20m NOK (-0.3%). Equity 374.2k NOK → 432.8k NOK.

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

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for TRANSOCEAN SPITSBERGEN ASA.

At a glance

Scorecard

Revenue
102.48m NOK 102.20m NOK
-0.3%
Operating result
+66 NOK +69 NOK
+4.5%
Equity
374.2k NOK 432.8k NOK
+15.6%
Cash
9.81m NOK 597.0k NOK
-93.9%
Total assets
864.83m NOK 853.85m NOK
-1.3%

What improved

  • ↑

    Operating result improved

    Operating result +66 NOK → +69 NOK (op. margin 0.0% → 0.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 374.2k NOK → 432.8k NOK (equity ratio 0.0% → 0.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 102.48m NOK to 102.20m NOK (-0.3% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 9.81m NOK → 597.0k NOK (-93.9% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (9.81m NOK → 597.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 9 060 NOK → 0 NOK. Reported fact