Riskpilot← Back to searchSign inGet full accessELECTROMAGNETIC GEOSERVICES ASA
ASAActiveOrg 984195486Karenslyst Allé 4, 0278 OsloEngineering activities and related technical consultancy · NACE 7112Est. 200219 employeeswww.emgs.com
Revenue 2024
NOK 200,5M
+147% vs 2023
EBITDA margin
-6.0%
+36% vs 2023
Equity ratio
3.9%
Financial strength
Net profit 2024
NOK -9,3M
-153% vs 2023
| Revenue | NOK 200,5M | +147% |
| EBITDA | NOK -12,1M | +36% |
| Net profit | NOK -9,3M | -153% |
| Total assets | NOK 356,7M | +14% |
| Equity | NOK 13,9M | -40% |
| Employees | 19 | — |
Legal name
ELECTROMAGNETIC GEOSERVICES ASA
Org number
984195486
Legal form
Allmennaksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
15. februar 2002
Share capital
NOK 130 969 690
Employees
19 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap. Daglig leder og ett styremedlem i fellesskap.
Company purpose
Selv eller gjennom eierinteresser i andre selskaper å drive virksomhet med eller prosjektering av hydrokarbonforekomster i forbindelse med utforskning, utbygging og produksjon av hydrokarboner og andre ressurser, og å foreta inveteringer i og virksomhet knyttet til maritime næringer, samt i begge tilfeller annen virksomhet som står i naturlig sammenheng med dette.
Address
Karenslyst Allé 4, 0278 Oslo
Website
www.emgs.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 214 168 | 187 735 | 318 272 | 81 035 | 200 490 |
| Staff expenses | −78 667 | −0 | −0 | −0 | −0 |
| EBITDA | −33 252 | 57 826 | 143 513 | −18 740 | −12 073 |
| Depreciation & amort. | −96 757 | −26 183 | −25 833 | −25 830 | −21 768 |
| EBIT | −130 009 | 31 643 | 117 680 | −44 570 | −33 841 |
| Net financials | 36 120 | −17 825 | −16 742 | 62 264 | 24 526 |
| Profit before tax | −93 889 | 13 818 | 100 938 | 17 694 | −9 315 |
| Tax | 7 136 | 78 | −0 | −0 | −0 |
| Net profit | −101 025 | 13 741 | 100 881 | 17 694 | −9 315 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 305 119 | 247 036 | 300 267 | 313 819 | 356 681 |
| Equity | −87 211 | −95 441 | 5 474 | 23 185 | 13 871 |
| Long-term debt | 356 680 | 257 744 | 192 620 | 198 233 | 0 |
| Short-term debt | 35 650 | 84 732 | 102 171 | 92 401 | 342 810 |
| Total debt | 392 330 | 342 477 | 294 793 | 290 634 | 342 810 |
EBITDA margin
-6.0%
This company
15.8%
Market median
-138% vs market
20202024
Equity ratio
3.9%
This company
38.2%
Market median
-90% vs market
20202024
Return on equity
-67.2%
This company
18.4%
Market median
-465% vs market
20202024
Net profit margin
-4.6%
This company
8.1%
Market median
-157% vs market
20202024
Asset turnover
0.56×
This company
1.12×
Market median
-50% vs market
20202024
Debt / equity
24.71×
This company
0.62×
Market median
-3885% vs market
20202024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
BP Chief Executive Officer | Chief Executive Officer | 2018 |
| Name | Role | Member since |
|---|---|---|
| Current (5) | ||
| Board of Directors | 2025 | |
| Chairman | 2025 | |
| Board of Directors | 2025 | |
| Board of Directors | 2025 | |
| Board of Directors | 2025 | |
| Former (6) | ||
| Board of Directors | 2021 – 2025 | |
| Board of Directors | 2021 – 2025 | |
| Board of Directors | 2021 – 2025 | |
| Chairman | 2021 – 2021 | |
| Chairman | 2021 – 2025 | |
| Board of Directors | 2021 – 2023 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Siem Investments S.À.R.L. | Company | 33.08% | 33.08% | 2024 |
| Company | 29.51% | 29.51% | 2024 | |
| Individual | 23.92% | 23.92% | 2022 | |
| Individual | 19.77% | 19.77% | 2022 | |
| Individual | 2.17% | 2.17% | 2024 | |
| Company | 1.41% | 1.41% | 2024 |
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ELECTROMAGNETIC GEOSERVICES ASA (this company)
SEA BED LOGGING - DATA STORAGE COMPANY ASBoard members of ELECTROMAGNETIC GEOSERVICES ASA also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Bjørn Petter Lindhom | Chief Executive Officer | 0 companies |
| Beatriz Malo De Molina Laborde | Board of Directors | 0 companies |
| Mimi Kristine Berdal | Board of Directors | 0 companies |
| Sasha Kathrine Siem | Board of Directors | 0 companies |
| Jørgen Westad | Board of Directors | 0 companies |
| Silje Christine Augustson | Chairman | 0 companies |
| Kenneth Reid Ross | Chairman | 0 companies |
| Frederik Wilhelm Mohn | Chairman | 0 companies |
| Glenn Pettersen | Board of Directors | 0 companies |
| Marianne Engelsen Hals | Board of Directors | 0 companies |
| Jarkko Petteri Soininen | Board of Directors | 0 companies |
| Stig Tore Vangen | Board of Directors | 0 companies |