TRANSOCEAN NORWAY OPERATIONS AS
Score · fiscal year 2024
31of 100
How to read this: the company is ahead of 11 % of large companies in the same sector in 2024. What does this mean?
Rank: 483 of 586 · Olje og gass
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 32 and solidity 12 out of 100 among large companies in the same sector in 2024. Methodology
Against the sector
TRANSOCEAN NORWAY OPERATIONS AS is 19 points below the median for large companies in the same sector in 2024.
Median score 50 among 95 companies.
Against large companies in the same sector in 2024: operating margin 5.1% (median 10.7%) and equity ratio 5.1% (median 25.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 4,499 MNOK | 2,688 MNOK |
| Operating margin | 5.1% | 10.7% |
| Profit margin | 6.8% | 12.5% |
| Return on assets | 9.5% | 14.7% |
| Equity ratio | 5.1% | 25.9% |
| Debt-to-equity | 18.53 | 2.71 |
| Current ratio | 1.03 | 1.12 |
| Revenue growth | 1.7% | 5.9% |
| Revenue per employee | 4.17 MNOK | 5.39 MNOK |
The median and “ahead of” refer to large companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 31, TRANSOCEAN NORWAY OPERATIONS AS does better than 11% of large companies in the same sector (95 companies) in 2024.
Score 2023–2025
- TRANSOCEAN NORWAY OPERATIONS AS
- Median: large companies in the same sector
What the numbers say
TRANSOCEAN NORWAY OPERATIONS AS had an operating margin of 5.1% and an equity ratio of 5.1% in 2024, and ranks 483 of 586 in Olje og gass.
No large changes in the key figures from 2023 to 2024.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 20 MUSD and 220 MUSD.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 220 MUSD |
| EV/EBIT | 8.0 | 204 MUSD |
| P/B | 1.0 | 20 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
- watch
The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 5.1% (median 25.9%).
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
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 | 32 | weight 30% |
|---|---|---|
| Solidity | 12 | weight 25% |
| Liquidity | 30 | weight 15% |
| Growth | 43 | weight 15% |
| Consistency | 53 | weight 15% |
Durability: 28 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is TRANSOCEAN NORWAY OPERATIONS AS?
The operating margin was 5.1% in 2024, against a median of 10.7% among large companies in the same sector. Return on assets was 9.5%.
How solid is TRANSOCEAN NORWAY OPERATIONS AS?
The equity ratio was 5.1% in 2024 (median 25.9%). Debt-to-equity was 18.53 (median 2.71).
What is the liquidity of TRANSOCEAN NORWAY OPERATIONS AS like?
The current ratio was 1.03 in 2024 (median 1.12).
How does TRANSOCEAN NORWAY OPERATIONS AS compare in Olje og gass?
TRANSOCEAN NORWAY OPERATIONS AS ranks 483 of 586 in Olje og gass for 2024. Among companies of the same size (large companies) it ranks 85 of 95. Revenue changed by 1.7% from the year before.
From the Central Coordinating Register
- Org. no.
- 990687846
- Legal form
- AS
- Sector
- Olje og gass (09.101)
- Size tier
- large
- Employees
- 1,079 registered 10 October 2026
- Founded
- 20 December 2006 19 years in operation
- Share capital
- 1.10 MNOK
- Business address
- Maskinveien 26, 4033 STAVANGER
- Municipality
- Stavanger rank 5–9 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
- Knut Vavik
- Chair of the board
- Knut Vavik
- Board member
- Iain Robert Inglis
- Board member
- Kristin Larsen Dragsund
- Board member
- Morten Frafjord
- 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 | 25 | 31 | 14 | |
| Rank | 485 | 483 | 554 | |
| Operating margin | 5.5% | 5.1% | −8.2% | |
| Return on assets | 6.6% | 9.5% | −6.5% | |
| Equity ratio | 3.6% | 5.1% | −3.6% | |
| Current ratio | 1.08 | 1.03 | 0.94 | |
| Revenue growth | – | 1.7% | −2.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (USD). Revenue in NOK is converted from USD at the mean rate for the accounting period 1 January 2024–31 December 2024: 10.7433 (norges_bank). Balance-sheet amounts use the rate on the balance-sheet date. Ratios and growth are computed in USD. Exchange rates at Norges Bank
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 412.0 MUSD | 418.8 MUSD | 407.7 MUSD |
| Operating profit | 22.8 MUSD | 21.5 MUSD | −33.6 MUSD |
| Profit before tax | 26.3 MUSD | 28.5 MUSD | −35.1 MUSD |
| Net profit | 25.8 MUSD | 22.0 MUSD | −33.5 MUSD |
| Financial expenses | 5.5 MUSD | 9.1 MUSD | 11.4 MUSD |
| Total assets | 480.9 MUSD | 396.6 MUSD | 366.4 MUSD |
| Current assets | 464.1 MUSD | 385.0 MUSD | 352.3 MUSD |
| Equity | 17.3 MUSD | 20.3 MUSD | −13.2 MUSD |
| Retained earnings | −23.8 MUSD | −1.8 MUSD | −35.4 MUSD |
| Total liabilities | 463.6 MUSD | 376.3 MUSD | 379.6 MUSD |
| Current liabilities | 429.3 MUSD | 374.0 MUSD | 375.8 MUSD |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6284127.
Further
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