FirmaIQ
Org.nr 888 571 302 2023 → 2024 Year-over-year analysis

TRANSOCEAN SPITSBERGEN ASA: årsregnskap 2024 vs 2023

Grew 219% on revenue

approved 2025-06-26; registry 2025-07-05; journal 2025 635277

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for TRANSOCEAN SPITSBERGEN ASA. Revenue 5.03m NOK → 16.03m NOK (+219.0%). Net result -29.81m NOK → -23.97m NOK. Equity -21.40m NOK → -45.37m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

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

At a glance

Scorecard

Revenue
5.03m NOK 16.03m NOK
+219.0%
Operating result
-7.72m NOK +3.70m NOK
+148.0%
Net result
-29.81m NOK -23.97m NOK
+19.6%
Equity
-21.40m NOK -45.37m NOK
-112.0%
Cash
32.0k NOK 61.0k NOK
+90.6%
Total assets
274.09m NOK 266.77m NOK
-2.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.03m NOK to 16.03m NOK (+219.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -7.72m NOK → +3.70m NOK (op. margin -153.5% → 23.1%). Calculated

  • ↑

    Net result improved

    Net result -29.81m NOK → -23.97m NOK (net margin -593.2% → -149.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 32.0k NOK → 61.0k NOK (+90.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.92× → 17.55×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -21.40m NOK → -45.37m NOK (equity ratio -7.8% → -17.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -17.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation