Electromagnetic Geoservices ASA

Oslo Stock Exchange EMGS.OL

Electromagnetic Geoservices ASA Return on Capital Employed (ROCE) for the year ending December 31, 2023: -25.51%

Electromagnetic Geoservices ASA Return on Capital Employed (ROCE) is -25.51% for the year ending December 31, 2023, a -186.66% change year over year. Return on capital employed assesses profitability against invested capital; higher ROCE signals efficient capital use.

Electromagnetic Geoservices ASA Return on Capital Employed (ROCE) for the year ending December 31, 2022 was 29.43%, a -10.31% change year over year.
Electromagnetic Geoservices ASA Return on Capital Employed (ROCE) for the year ending December 31, 2021 was 32.82%, a 173.96% change year over year.
Electromagnetic Geoservices ASA Return on Capital Employed (ROCE) for the year ending December 31, 2020 was -44.37%, a -233.87% change year over year.
Electromagnetic Geoservices ASA Return on Capital Employed (ROCE) for the year ending December 31, 2019 was 33.14%, a 156.74% change year over year.

Key data

Date	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio	Return on Common Equity

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 Engineering Services Oil & Gas

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