Electromagnetic Geoservices ASA

Oslo Stock Exchange EMGS.OL

Electromagnetic Geoservices ASA Operating Income Margin for the year ending December 31, 2023: -76.39%

Electromagnetic Geoservices ASA Operating Income Margin is -76.39% for the year ending December 31, 2023, a -303.74% change year over year. Operating Income Ratio is the proportion of a company's operating income to its net sales, measuring the efficiency of its core business operations in generating profits.

Electromagnetic Geoservices ASA Operating Income Margin for the year ending December 31, 2022 was 37.49%, a 17.56% change year over year.
Electromagnetic Geoservices ASA Operating Income Margin for the year ending December 31, 2021 was 31.89%, a 175.40% change year over year.
Electromagnetic Geoservices ASA Operating Income Margin for the year ending December 31, 2020 was -42.30%, a -267.80% change year over year.
Electromagnetic Geoservices ASA Operating Income Margin for the year ending December 31, 2019 was 25.21%, a 125.11% change year over year.

Key data

Date	Operating Income Margin	EBT Margin	Net Income Margin	EBITDA Margin

Oslo Stock Exchange: EMGS.OL

Electromagnetic Geoservices ASA

CEO	Mr. Bjørn Petter Lindhom
IPO Date	March 30, 2007
Location	Norway
Headquarters	Karenslyst Allè 4
Employees	19
Sector	Energy
Industries Offshore Drilling Drilling Fracking Geothermal Energy Mining Oil & Gas Research & Consulting

Description

Electromagnetic Geoservices ASA, together with its subsidiaries, provides electromagnetic (EM) surveying services to the offshore oil and gas exploration industry. It is involved in the planning, acquisition, processing, modelling, interpretation, and integration of EM data. The company uses its patented EM survey method to find hydrocarbons in offshore reservoirs. It engages in the provision of controlled-source EM surveying and magneto telluric surveying; imaging and interpretation; rental of software and cluster; and training services. The company has operations in Europe, the Middle East, Africa, Norway, North and South America, Asia, and the Pacific Ocean. Electromagnetic Geoservices ASA was incorporated in 2002 and is headquartered in Oslo, Norway.

Key trends

Past 5 years