Electromagnetic Geoservices ASA

Oslo Stock Exchange EMGS.OL

Electromagnetic Geoservices ASA Return on Equity (ROE) for the year ending December 31, 2023: -1,356.22%

Electromagnetic Geoservices ASA Return on Equity (ROE) is -1,356.22% for the year ending December 31, 2023, a -1,152.18% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.
  • Electromagnetic Geoservices ASA Return on Equity (ROE) for the year ending December 31, 2022 was 128.90%, a 165.81% change year over year.
  • Electromagnetic Geoservices ASA Return on Equity (ROE) for the year ending December 31, 2021 was -195.86%, a -162.12% change year over year.
  • Electromagnetic Geoservices ASA Return on Equity (ROE) for the year ending December 31, 2020 was 315.30%, a 234.84% change year over year.
  • Electromagnetic Geoservices ASA Return on Equity (ROE) for the year ending December 31, 2019 was 94.16%, a 108.56% change year over year.
Key data
Date Return on Equity (ROE) Return on Capital Employed (ROCE) Interest Coverage Ratio Debt to Equity Ratio
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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
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.

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StockViz Staff

January 15, 2025

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