TRANSOCEAN BARENTS ASA
Score · fiscal year 2023
12of 100
How to read this: the company is ahead of 6 % of companies in the same sector in 2023. What does this mean?
Rank: 532 of 565 · Olje og gass
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 11 and solidity 14 out of 100 among companies in the same sector in 2023. Methodology
Against the sector
TRANSOCEAN BARENTS ASA is 37 points below the median for companies in the same sector in 2023.
Median score 49 among 565 companies. The size tier was too small, so the company is compared with the whole sector.
Against companies in the same sector in 2023: operating margin −90.1% (median 14.7%) and equity ratio 5.2% (median 36.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | −90.1% | 14.7% |
| Profit margin | −136.8% | 11.6% |
| Return on assets | −6.8% | 5.2% |
| Equity ratio | 5.2% | 36.1% |
| Debt-to-equity | 18.29 | 1.08 |
| Current ratio | 0.25 | 0.97 |
| Revenue growth | – | −84.1% |
The median and “ahead of” refer to companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 12, TRANSOCEAN BARENTS ASA does better than 6% of companies in the same sector (566 companies) in 2023.
Score 2023–2025
- TRANSOCEAN BARENTS ASA
- Median: companies in the same sector
What the numbers say
TRANSOCEAN BARENTS ASA had an operating margin of −90.1% and an equity ratio of 5.2% in 2023, and ranks 532 of 565 in Olje og gass.
This text is generated automatically from the 2023 accounts.
Three simple methods
One method gives a figure: 13 MUSD.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 13 MUSD |
A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation
Worth a closer look
- critical
Consider strengthening liquidity: current liabilities are 4.1 times current assets.
Based on: Current ratio 0.25 (median 0.97).
- watch
The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 5.2% (median 36.1%).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −136.8% (median 11.6%).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −90.1% (median 14.7%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- watch Reports in a currency other than NOK
- watch No exchange rate: amounts are left out of comparisons
Scenario analysis: the sector's weakest year
We have no accounts for 2022, the sector's weakest year, for this company.
The sector's weakest year was 2022, with a median operating margin of 1.5%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 11 | weight 30% |
|---|---|---|
| Solidity | 14 | weight 25% |
| Liquidity | 10 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 13 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is TRANSOCEAN BARENTS ASA?
The operating margin was −90.1% in 2023, against a median of 14.7% among companies in the same sector. Return on assets was −6.8%. The company made a loss before tax.
How solid is TRANSOCEAN BARENTS ASA?
The equity ratio was 5.2% in 2023 (median 36.1%). Debt-to-equity was 18.29 (median 1.08).
What is the liquidity of TRANSOCEAN BARENTS ASA like?
The current ratio was 0.25 in 2023 (median 0.97). Current assets did not cover current liabilities.
How does TRANSOCEAN BARENTS ASA compare in Olje og gass?
TRANSOCEAN BARENTS ASA ranks 532 of 565 in Olje og gass for 2023.
From the Central Coordinating Register
- Org. no.
- 988571326
- Legal form
- ASA
- Sector
- Olje og gass (09.101)
- Employees
- 0–4 (not registered)
- Founded
- 23 August 2005 21 years in operation
- Share capital
- 1.10 MNOK
- Business address
- Maskinveien 26, 4033 STAVANGER
- Municipality
- Stavanger rank 4 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre
Ownership and roles
- Chief executive
- Morten Frafjord
- Chair of the board
- Knut Vavik
- Board member
- Iain Robert Inglis
- Board member
- Line Lura Anonsen
- Auditor
- ERNST & YOUNG AS
Source: Central Coordinating Register, fetched 25 October 2026. Only names are shown.
Owners and shareholdings will appear here once the shareholder data extract is in place.
Coming · not built yet
Error in the data?
Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 12 | 6 | 44 | |
| Rank | 532 | 572 | 343 | |
| Operating margin | −90.1% | −877.4% | 25.7% | |
| Return on assets | −6.8% | −35.9% | 3.4% | |
| Equity ratio | 5.2% | −36.8% | 15.4% | |
| Current ratio | 0.25 | 0.09 | 0.69 | |
| Revenue growth | – | −49.0% | 298.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (USD).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 20.1 MUSD | 10.3 MUSD | 41.0 MUSD |
| Operating profit | −18.1 MUSD | −90.1 MUSD | 10.5 MUSD |
| Profit before tax | −27.5 MUSD | −103.4 MUSD | −5.2 MUSD |
| Net profit | −27.5 MUSD | −103.4 MUSD | 6.5 MUSD |
| Financial expenses | 9.9 MUSD | 15.7 MUSD | 17.1 MUSD |
| Total assets | 259.8 MUSD | 244.5 MUSD | 349.7 MUSD |
| Current assets | 41.1 MUSD | 21.3 MUSD | 138.3 MUSD |
| Equity | 13.5 MUSD | −90.0 MUSD | 54.0 MUSD |
| Retained earnings | −351.9 MUSD | −455.4 MUSD | −311.4 MUSD |
| Total liabilities | 246.4 MUSD | 334.5 MUSD | 295.8 MUSD |
| Current liabilities | 167.6 MUSD | 247.3 MUSD | 201.1 MUSD |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5223105.
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