TGS ASA

Oslo Stock Exchange TGS.OL

TGS ASA Gross Profit Margin for the year ending December 31, 2023: 72.63%

TGS ASA Gross Profit Margin is 72.63% for the year ending December 31, 2023, a 78.49% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.

TGS ASA Gross Profit Margin for the year ending December 31, 2022 was 40.69%, a -32.69% change year over year.
TGS ASA Gross Profit Margin for the year ending December 31, 2021 was 60.45%, a 452.76% change year over year.
TGS ASA Gross Profit Margin for the year ending December 31, 2020 was 10.94%, a -75.13% change year over year.
TGS ASA Gross Profit Margin for the year ending December 31, 2019 was 43.96%, a -19.14% change year over year.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

Oslo Stock Exchange: TGS.OL

TGS ASA

CEO	Mr. Kristian Kuvaas Johansen
IPO Date	Jan. 3, 2000
Location	Norway
Headquarters	Askekroken 11
Employees	873
Sector	Energy
Industries Oil & Gas Geothermal Energy Offshore Drilling

Description

TGS ASA provides geoscience data products and services to the oil and gas industry worldwide. The company offers geophysical multi-client data, including seismic data; and geophysical library, such as gravity, magnetic, seep, geothermal, controlled source electromagnetic, and multibeam data. It also provides geological services comprising digital well logs; and interpretation products and data integration solutions. In addition, the company offers imaging services, which include depth and time imaging; marine, land, and ocean bottom cables and nodes; anisotropic imaging; transition zone processing; multi component processing; shear wave; and 4D time-lapse, as well as wide azimuth data processing. Further, it provides data and analytics solutions; and PRIMA, a multifunction exploration software suite. The company was formerly known as TGS-NOPEC Geophysical Company ASA and changed its name to TGS ASA in June 2021. TGS ASA was founded in 1981 and is headquartered in Oslo, Norway.

Key trends

Past 5 years