TRANSOCEAN OFFSHORE (NORTH SEA) LTD NORSK AVDELING AV UTENLANDSK FORETAK

4033 STAVANGER

Finances

Share Ownership

Return on Equity

N/A

Current Ratio

N/A

Debt-to-Equity Ratio

N/A

Key figures (NOK)	2020	2019	2018	2017
Revenue	1 220 247 000	2 116 001 000	141 442 000	540 566 000
Net Income	266 112 000	109 846 000	106 350 000	35 610 000
Total Assets	0	2 805 581 000	1 110 311 000	440 887 000
Total Equity	0	1 706 911 000	820 921 000	265 960 000

Income (NOK)	2020	2019	2018	2017
Revenue	1 220 247 000	2 116 001 000	141 442 000	540 566 000
Expenditure	1 247 888 000	2 004 905 000	109 495 000	505 401 000
Operating Profit	−27 641 000	111 096 000	31 947 000	35 165 000
Financial Income	262 785 000	13 472 000	97 842 000	742 000
Financial Costs	−6 814 000	11 736 000	52 000	−578 000
Financial Balance	269 599 000	1 736 000	97 790 000	1 320 000
Earnings Before Tax	241 958 000	112 832 000	129 737 000	36 485 000
Tax	−24 154 000	2 986 000	23 387 000	875 000
Net Income	266 112 000	109 846 000	106 350 000	35 610 000

Balance (NOK)	2019	2018	2017
Total Fixed Assets	51 866 000	68 873 000	60 685 000
Total Current Assets	2 753 715 000	1 041 438 000	380 202 000
Total Assets	2 805 581 000	1 110 311 000	440 887 000
Total Retained Equity	1 706 911 000	820 921 000	0
Total Equity	1 706 911 000	820 921 000	265 960 000
Total Long-Term Debt	389 977 000	0	0
Total Current Debt	708 693 000	289 390 000	174 927 000
Total Equity and Debt	2 805 581 000	1 110 311 000	440 887 000

Cash flow (NOK)	2020	2019	2018	2017
Sales Income	1 220 247 000	2 116 001 000	141 442 000	540 566 000
Other Income	0	0	0	0
Revenue	1 220 247 000	2 116 001 000	141 442 000	540 566 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 241 970 000	2 130 594 000	69 877 000	257 450 000
Depreciation	0	0	2 687 000	0
Impairment	0	0	0	0
Expenditure	1 247 888 000	2 004 905 000	109 495 000	505 401 000
Operating Profit	−27 641 000	111 096 000	31 947 000	35 165 000
Financial Income	262 785 000	13 472 000	97 842 000	742 000
Financial Costs	−6 814 000	11 736 000	52 000	−578 000
Financial Balance	269 599 000	1 736 000	97 790 000	1 320 000
Dividends	0	0	0	0
Net Income	266 112 000	109 846 000	106 350 000	35 610 000

Balance details (NOK)	2019	2018	2017
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	15 712 000
Total Fiancial Fixed Assets	51 866 000	68 873 000	44 973 000
Total Fixed Assets	51 866 000	68 873 000	60 685 000
Stock	39 000	69 000	31 470 000
Total Investments	0	0	0
Cash, Bank	103 013 000	48 849 000	73 386 000
Total Current Assets	2 753 715 000	1 041 438 000	380 202 000
Total Assets	2 805 581 000	1 110 311 000	440 887 000
Total Equity	1 706 911 000	820 921 000	265 960 000
Short-Term Group Debt	137 305 000	17 298 000	0
Total Long-Term Debt	389 977 000	0	0
Creditors	96 357 000	54 034 000	16 301 000
Unpaid Taxes	155 267 000	55 289 000	0
Dividends	0	0	0
Other Current Debt	316 863 000	140 258 000	156 052 000
Total Current Debt	708 693 000	289 390 000	174 927 000
Total Equity and Debt	2 805 581 000	1 110 311 000	440 887 000

Financial indicators	2020	2019	2018	2017
Return on Equity	-	6,44 %	12,95 %	13,39 %
Debt-to-Equity Ratio	-	0,23	0	0
Operating Profit Margin	−2,27 %	5,25 %	22,59 %	6,51 %
Current Ratio	-	3,89	3,6	2,17
Quick Ratio	-	3,89	3,6	2,65
Equity Ratio	-	0,61	0,74	0,6
Gross Profit Margin	100 %	100 %	100 %	100 %