Electromagnetic Geoservices ASA
Electromagnetic Geoservices ASA, together with its subsidiaries, provides electromagnetic (EM) surveying technology and services to the offshore oil and gas exploration industry. It is involved in the planning, acquisition, processing, modelling, interpretation, and integration of EM data to increase exploration success. The company also uses its patented EM survey method to find hydrocarbons in … Read more
Electromagnetic Geoservices ASA (EMGS) - Net Assets
Latest net assets as of September 2025: Nkr-1.99 Million NOK
Based on the latest financial reports, Electromagnetic Geoservices ASA (EMGS) has net assets worth Nkr-1.99 Million NOK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr26.60 Million) and total liabilities (Nkr28.59 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr-1.99 Million |
| % of Total Assets | -7.5% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -95.61% |
| Growth Volatility | 971.25 |
Electromagnetic Geoservices ASA - Net Assets Trend (2005–2024)
This chart illustrates how Electromagnetic Geoservices ASA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Electromagnetic Geoservices ASA (2005–2024)
The table below shows the annual net assets of Electromagnetic Geoservices ASA from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr3.42 Million | +467.33% |
| 2023-12-31 | Nkr603.00K | -93.06% |
| 2022-12-31 | Nkr8.68 Million | +445.52% |
| 2021-12-31 | Nkr-2.51 Million | +66.11% |
| 2020-12-31 | Nkr-7.42 Million | -146.42% |
| 2019-12-31 | Nkr15.97 Million | +379.56% |
| 2018-12-31 | Nkr3.33 Million | -94.14% |
| 2017-12-31 | Nkr56.84 Million | +73.83% |
| 2016-12-31 | Nkr32.70 Million | -58.06% |
| 2015-12-31 | Nkr77.97 Million | -38.23% |
| 2014-12-31 | Nkr126.23 Million | +23.50% |
| 2013-12-31 | Nkr102.22 Million | -7.40% |
| 2012-12-31 | Nkr110.39 Million | +21.62% |
| 2011-12-31 | Nkr90.76 Million | +3984.74% |
| 2010-12-31 | Nkr2.22 Million | -91.02% |
| 2009-12-31 | Nkr24.74 Million | -69.98% |
| 2008-12-31 | Nkr82.42 Million | -19.26% |
| 2007-12-31 | Nkr102.08 Million | +496.27% |
| 2006-12-31 | Nkr17.12 Million | +151.11% |
| 2005-12-31 | Nkr-33.49 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Electromagnetic Geoservices ASA's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 3272100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr71.59 Million | 2092.63% |
| Total Equity | Nkr3.42 Million | 100.00% |
Electromagnetic Geoservices ASA Competitors by Market Cap
The table below lists competitors of Electromagnetic Geoservices ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WIRECARD
HM:WDI
|
$938.59K |
|
Newpeak Metals Ltd
AU:NPM
|
$939.11K |
|
CAMECO - Dusseldorf Stock Exchang
DU:CJ6
|
$939.22K |
|
Bernard Loisea
PA:ALDBL
|
$939.55K |
|
Union Electric Company
PINK:UEPCO
|
$935.33K |
|
Northcliff Citranusa Indonesia Tbk PT
JK:SKYB
|
$935.17K |
|
Baillie Gifford Shin Nippon Ord
OTCGREY:SNPVF
|
$934.69K |
|
EPE Capital Partners Ltd
JSE:EPE
|
$934.65K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Electromagnetic Geoservices ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 603,000 to 3,421,000, a change of 2,818,000 (467.3%).
- Net income of 2,640,000 contributed positively to equity growth.
- Other factors increased equity by 178,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr2.64 Million | +77.17% |
| Other Changes | Nkr178.00K | +5.2% |
| Total Change | Nkr- | 467.33% |
Book Value vs Market Value Analysis
This analysis compares Electromagnetic Geoservices ASA's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 11.33x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | Nkr-15.04 | Nkr0.30 | x |
| 2006-12-31 | Nkr7.69 | Nkr0.30 | x |
| 2007-12-31 | Nkr29.80 | Nkr0.30 | x |
| 2008-12-31 | Nkr20.79 | Nkr0.30 | x |
| 2009-12-31 | Nkr5.26 | Nkr0.30 | x |
| 2010-12-31 | Nkr0.32 | Nkr0.30 | x |
| 2011-12-31 | Nkr9.76 | Nkr0.30 | x |
| 2012-12-31 | Nkr11.01 | Nkr0.30 | x |
| 2013-12-31 | Nkr10.20 | Nkr0.30 | x |
| 2014-12-31 | Nkr12.56 | Nkr0.30 | x |
| 2015-12-31 | Nkr6.73 | Nkr0.30 | x |
| 2016-12-31 | Nkr1.42 | Nkr0.30 | x |
| 2017-12-31 | Nkr0.45 | Nkr0.30 | x |
| 2018-12-31 | Nkr0.03 | Nkr0.30 | x |
| 2019-12-31 | Nkr0.12 | Nkr0.30 | x |
| 2020-12-31 | Nkr-0.06 | Nkr0.30 | x |
| 2021-12-31 | Nkr-0.02 | Nkr0.30 | x |
| 2022-12-31 | Nkr0.07 | Nkr0.30 | x |
| 2023-12-31 | Nkr0.00 | Nkr0.30 | x |
| 2024-12-31 | Nkr0.03 | Nkr0.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Electromagnetic Geoservices ASA utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 77.17%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.68%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 8.71x
- Recent ROE (77.17%) is above the historical average (-276.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 0.00% | -52.81% | 1.35x | 0.00x | Nkr-19.91 Million |
| 2006 | -147.61% | -21.46% | 1.36x | 5.08x | Nkr-26.98 Million |
| 2007 | -30.29% | -22.04% | 0.85x | 1.61x | Nkr-41.13 Million |
| 2008 | -79.80% | -56.61% | 0.92x | 1.53x | Nkr-74.01 Million |
| 2009 | -328.58% | -137.84% | 0.57x | 4.17x | Nkr-83.77 Million |
| 2010 | -2484.61% | -73.21% | 0.64x | 52.64x | Nkr-55.43 Million |
| 2011 | 11.19% | 5.89% | 0.97x | 1.97x | Nkr1.08 Million |
| 2012 | 10.78% | 5.92% | 1.01x | 1.80x | Nkr856.30K |
| 2013 | -14.77% | -10.44% | 0.68x | 2.10x | Nkr-25.32 Million |
| 2014 | 20.51% | 13.07% | 0.84x | 1.86x | Nkr13.26 Million |
| 2015 | -98.39% | -94.55% | 0.49x | 2.12x | Nkr-84.51 Million |
| 2016 | -161.56% | -118.65% | 0.40x | 3.40x | Nkr-56.10 Million |
| 2017 | -79.90% | -62.14% | 0.34x | 3.75x | Nkr-25.07 Million |
| 2018 | -1099.73% | -116.00% | 0.42x | 22.48x | Nkr-36.93 Million |
| 2019 | 94.16% | 16.83% | 0.85x | 6.61x | Nkr13.44 Million |
| 2020 | 0.00% | -93.86% | 0.46x | 0.00x | Nkr-22.64 Million |
| 2021 | 0.00% | 17.05% | 0.72x | 0.00x | Nkr5.17 Million |
| 2022 | 128.90% | 32.00% | 0.82x | 4.92x | Nkr10.32 Million |
| 2023 | -1356.22% | -102.38% | 0.29x | 46.05x | Nkr-8.24 Million |
| 2024 | 77.17% | 10.68% | 0.83x | 8.71x | Nkr2.30 Million |
Industry Comparison
This section compares Electromagnetic Geoservices ASA's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $1,014,604,846
- Average return on equity (ROE) among peers: 267.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Electromagnetic Geoservices ASA (EMGS) | Nkr-1.99 Million | 0.00% | N/A | $937.88K |
| Aker Solutions ASA (AKSO) | $5.89 Billion | 21.72% | 3.65x | $1.29 Billion |
| Aquila Holdings ASA (AQUIL) | $47.65 Million | 2.93% | 0.11x | $9.46 Million |
| Argeo AS (ARGEO) | $148.05 Million | -12.23% | 0.13x | $1.05 Million |
| Eidesvik Offshore ASA (EIOF) | $2.13 Billion | -8.19% | 1.61x | $11.08 Million |
| SED Energy Holdings Plc (ENH) | $28.74 Million | -44.75% | 1.29x | $6.98K |
| Edda Wind ASA (EWIND) | $63.18 Million | 4.77% | 1.40x | $57.04 Million |
| MORELD AS (MORLD) | $698.55 Million | -101.82% | 9.29x | $82.08 Million |
| Prosafe SE (PRS) | $36.30 Million | 2556.20% | 12.58x | $53.14 Million |
| Petrolia SE (PSE) | $90.58 Million | -8.90% | 1.52x | $4.38 Million |