TRANSOCEAN NORWAY OPERATIONS AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

50,42 %

Current Ratio

1,48

Debt-to-Equity Ratio

0,33

Key figures (USD)	2022	2021	2020	2019
Revenue	468 856 000	440 087 000	414 064 000	175 536 000
Net Income	44 612 000	22 245 000	27 120 000	−72 689 000
Total Assets	324 426 000	361 904 000	474 720 000	292 355 000
Total Equity	88 481 000	44 471 000	22 226 000	−12 601 000

Income (USD)	2022	2021	2020	2019
Revenue	468 856 000	440 087 000	414 064 000	175 536 000
Expenditure	424 680 000	416 051 000	382 942 000	245 453 000
Operating Profit	44 176 000	24 036 000	31 122 000	−69 917 000
Financial Income	3 659 000	665 000	1 982 000	4 360 000
Financial Costs	3 223 000	2 456 000	6 692 000	7 132 000
Financial Balance	436 000	−1 791 000	−4 710 000	−2 772 000
Earnings Before Tax	44 612 000	22 245 000	26 412 000	−72 689 000
Tax	0	0	−708 000	0
Net Income	44 612 000	22 245 000	27 120 000	−72 689 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	17 911 000	19 816 000	68 500 000	88 509 000
Total Current Assets	306 515 000	342 088 000	406 220 000	203 846 000
Total Assets	324 426 000	361 904 000	474 720 000	292 355 000
Total Retained Equity	−49 657 000	−93 667 000	−115 912 000	−150 739 000
Total Equity	88 481 000	44 471 000	22 226 000	−12 601 000
Total Long-Term Debt	29 379 000	20 830 000	884 000	27 480 000
Total Current Debt	206 566 000	296 603 000	451 610 000	277 476 000
Total Equity and Debt	324 426 000	361 904 000	474 720 000	292 355 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	468 856 000	440 087 000	414 064 000	175 536 000
Other Income	0	0	0	0
Revenue	468 856 000	440 087 000	414 064 000	175 536 000
Cost of Goods Sold	0	0	0	0
Salary Costs	223 874 000	241 331 000	132 818 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	424 680 000	416 051 000	382 942 000	245 453 000
Operating Profit	44 176 000	24 036 000	31 122 000	−69 917 000
Financial Income	3 659 000	665 000	1 982 000	4 360 000
Financial Costs	3 223 000	2 456 000	6 692 000	7 132 000
Financial Balance	436 000	−1 791 000	−4 710 000	−2 772 000
Dividends	0	0	0	0
Net Income	44 612 000	22 245 000	27 120 000	−72 689 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	2 691 000	7 992 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	35 654 000
Fixtures	16 408 000	0	21 394 000	0
Total Tangible Assets	16 408 000	17 536 000	21 394 000	35 654 000
Total Fiancial Fixed Assets	1 503 000	2 280 000	44 415 000	44 863 000
Total Fixed Assets	17 911 000	19 816 000	68 500 000	88 509 000
Stock	14 726 000	22 218 000	31 091 000	24 412 000
Total Investments	0	0	0	0
Cash, Bank	11 740 000	15 644 000	17 279 000	16 451 000
Total Current Assets	306 515 000	342 088 000	406 220 000	203 846 000
Total Assets	324 426 000	361 904 000	474 720 000	292 355 000
Total Equity	88 481 000	44 471 000	22 226 000	−12 601 000
Short-Term Group Debt	153 470 000	231 980 000	381 318 000	243 833 000
Total Long-Term Debt	29 379 000	20 830 000	884 000	27 480 000
Creditors	53 096 000	64 623 000	70 292 000	33 643 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	206 566 000	296 603 000	451 610 000	277 476 000
Total Equity and Debt	324 426 000	361 904 000	474 720 000	292 355 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,42 %	50,02 %	122,02 %	576,85 %
Debt-to-Equity Ratio	0,33	0,47	0,04	−2,18
Operating Profit Margin	9,42 %	5,46 %	7,52 %	−39,83 %
Current Ratio	1,48	1,15	0,9	0,73
Quick Ratio	1,6	1,25	0,97	0,81
Equity Ratio	0,27	0,12	0,05	−0,04
Gross Profit Margin	100 %	100 %	100 %	100 %