Org.nr 888 571 302 2016 → 2017 Year-over-year analysis

TRANSOCEAN SPITSBERGEN ASA: årsregnskap 2017 vs 2016

Shrank 100% on revenue, fresh owner capital

approved 2018-06-28; registry 2018-07-30; journal 2018 815674

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for TRANSOCEAN SPITSBERGEN ASA. Revenue 23.30m NOK → 83.0k NOK (-99.6%). Equity 184.89m NOK → 144.27m NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
23.30m NOK 83.0k NOK
-99.6%
Equity
184.89m NOK 144.27m NOK
-22.0%
Cash
1.11m NOK 1.58m NOK
+42.0%
Total assets
429.11m NOK 447.6k NOK
-99.9%

What improved

  • ↑

    Cash rose

    Bank deposits 1.11m NOK → 1.58m NOK (+42.0% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 384.6k NOK → 384.64m NOK (+384.25m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 23.30m NOK to 83.0k NOK (-99.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 184.89m NOK → 144.27m NOK (equity ratio 43.1% → 32234.2%). Calculated