Org.nr 888 571 302 2024 → 2025 Year-over-year analysis

TRANSOCEAN SPITSBERGEN ASA: årsregnskap 2025 vs 2024

Shrank 18% on revenue, cash halved-plus

approved 2026-06-30; registry 2026-08-01; journal 2026 670284

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for TRANSOCEAN SPITSBERGEN ASA. Revenue 16.03m NOK → 13.12m NOK (-18.1%). Net result -23.97m NOK → -24.61m NOK. Equity -45.37m NOK → -69.98m NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

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

Scorecard

Revenue
16.03m NOK 13.12m NOK
-18.1%
Operating result
+3.70m NOK +1.38m NOK
-62.8%
Net result
-23.97m NOK -24.61m NOK
-2.7%
Equity
-45.37m NOK -69.98m NOK
-54.2%
Cash
61.0k NOK 30.0k NOK
-50.8%
Total assets
266.77m NOK 262.56m NOK
-1.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 16.03m NOK to 13.12m NOK (-18.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +3.70m NOK → +1.38m NOK (op. margin 23.1% → 10.5%). Calculated

  • ↓

    Equity eroded

    Book equity -45.37m NOK → -69.98m NOK (equity ratio -17.0% → -26.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 61.0k NOK → 30.0k NOK (-50.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -26.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation