ELECTROMAGNETIC GEOSERVICES ASA

0278 OSLO

Finances

Return on Equity

128,93 %

Current Ratio

1,68

Debt-to-Equity Ratio

2,26

Key figures (USD)	2022	2021	2020	2019
Revenue	34 979 000	28 874 000	24 916 000	89 365 000
Net Income	11 192 000	4 922 000	−23 385 000	15 039 000
Total Assets	42 681 000	40 162 000	54 269 000	105 545 000
Total Equity	8 681 000	−2 514 000	−7 417 000	15 971 000

Income (USD)	2022	2021	2020	2019
Revenue	34 979 000	28 874 000	24 916 000	89 365 000
Expenditure	21 864 000	19 665 000	42 644 000	66 839 000
Operating Profit	13 115 000	9 209 000	−17 728 000	22 526 000
Financial Income	1 059 000	2 028 000	208 000	1 830 000
Financial Costs	3 028 000	5 898 000	5 194 000	7 609 000
Financial Balance	−1 969 000	−3 870 000	−4 986 000	−5 779 000
Earnings Before Tax	11 146 000	5 339 000	−22 714 000	16 747 000
Tax	−46 000	417 000	671 000	1 708 000
Net Income	11 192 000	4 922 000	−23 385 000	15 039 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	18 440 000	20 121 000	27 912 000	49 219 000
Total Current Assets	24 241 000	20 041 000	26 357 000	56 326 000
Total Assets	42 681 000	40 162 000	54 269 000	105 545 000
Total Retained Equity	−62 809 000	−74 004 000	−78 907 000	−55 519 000
Total Equity	8 681 000	−2 514 000	−7 417 000	15 971 000
Total Long-Term Debt	19 602 000	29 629 000	47 942 000	53 615 000
Total Current Debt	14 398 000	13 047 000	13 744 000	35 959 000
Total Equity and Debt	42 681 000	40 162 000	54 269 000	105 545 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	30 228 000	23 570 000	19 274 000	80 570 000
Other Income	4 751 000	5 304 000	5 642 000	8 795 000
Revenue	34 979 000	28 874 000	24 916 000	89 365 000
Cost of Goods Sold	4 241 000	3 502 000	5 924 000	14 596 000
Salary Costs	3 884 000	3 012 000	9 818 000	19 662 000
Depreciation	10 721 000	10 188 000	16 395 000	27 214 000
Impairment	0	0	7 439 000	152 000
Expenditure	21 864 000	19 665 000	42 644 000	66 839 000
Operating Profit	13 115 000	9 209 000	−17 728 000	22 526 000
Financial Income	1 059 000	2 028 000	208 000	1 830 000
Financial Costs	3 028 000	5 898 000	5 194 000	7 609 000
Financial Balance	−1 969 000	−3 870 000	−4 986 000	−5 779 000
Dividends	0	0	0	0
Net Income	11 192 000	4 922 000	−23 385 000	15 039 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 610 000	2 834 000	3 148 000	7 617 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	9 252 000	12 747 000	16 374 000	24 585 000
Fixtures	4 885 000	4 540 000	8 390 000	17 017 000
Total Tangible Assets	14 137 000	17 287 000	24 764 000	41 602 000
Total Fiancial Fixed Assets	2 693 000	0	0	0
Total Fixed Assets	18 440 000	20 121 000	27 912 000	49 219 000
Stock	4 158 000	3 813 000	4 726 000	8 261 000
Total Investments	0	0	0	0
Cash, Bank	11 630 000	11 134 000	12 174 000	20 349 000
Total Current Assets	24 241 000	20 041 000	26 357 000	56 326 000
Total Assets	42 681 000	40 162 000	54 269 000	105 545 000
Total Equity	8 681 000	−2 514 000	−7 417 000	15 971 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 602 000	29 629 000	47 942 000	53 615 000
Creditors	2 928 000	1 981 000	1 461 000	8 254 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 104 000	1 451 000	2 774 000	10 807 000
Total Current Debt	14 398 000	13 047 000	13 744 000	35 959 000
Total Equity and Debt	42 681 000	40 162 000	54 269 000	105 545 000

Financial indicators	2022	2021	2020	2019
Return on Equity	128,93 %	−195,78 %	315,29 %	94,16 %
Debt-to-Equity Ratio	2,26	−11,79	−6,46	3,36
Operating Profit Margin	37,49 %	31,89 %	−71,15 %	25,21 %
Current Ratio	1,68	1,54	1,92	1,57
Quick Ratio	2,37	2,17	2,92	2,03
Equity Ratio	0,2	−0,06	−0,14	0,15
Gross Profit Margin	87,88 %	87,87 %	76,22 %	83,67 %