Electromagnetic Geoservices ASA

ESEF

Annual consolidated revenue for 2025: about USD 19.66M, using the latest reported figures. The previous period, 2024, was about USD 1.467M.

Watchlist

Latest fiscal year

Revenue

19.7 million USD

2025 · USD

Exact inputs and evidence

Operating margin

-53.96%

2025 · %

Exact inputs and evidence
  • Operating Income: -10608000 USD Source
  • Revenue: 19660000 USD Source

Operating cash flow

1.16 million USD

2025 · USD

Exact inputs and evidence
  • Operating Cash Flow: 1162000 USD Source

Free cash flow

39 thousand USD

2025 · USD

Exact inputs and evidence
  • Operating Cash Flow: 1162000 USD Source
  • Capital Expenditure: 1123000 USD Source
Cash and cash equivalents
3.12 million USD Source
Exact value

3116000 USD

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-21.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 6 of 11 periods available· newest 2025-12-31
  • Operating income: 6 of 11 periods available· newest 2025-12-31
  • net income: No compatible figures in this window
  • Operating cash flow: 6 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 6 of 11 periods available· newest 2025-12-31
  • Total assets: 6 of 11 periods available· newest 2025-12-31
  • Total liabilities: 6 of 11 periods available· newest 2025-12-31
  • Current assets: 6 of 11 periods available· newest 2025-12-31
  • Current liabilities: 6 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 6 of 11 periods available· newest 2025-12-31
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +1,240.1%

    Prior period

    USD 1.47 million

    –

    Current period

    USD 19.66 million

    –

    Exact inputs and evidence

    19660000 − 1467000 = 18193000 USD

    1467000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    19660000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Operating cash flow

    -87.3%

    Prior period

    USD 9.15 million

    –

    Current period

    USD 1.16 million

    –

    Exact inputs and evidence

    1162000 − 9148000 = -7986000 USD

    9148000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    1162000 USD · 2025-01-01 – 2025-12-31

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  • Capital expenditure

    +556.7%

    Prior period

    USD 171,000

    –

    Current period

    USD 1.12 million

    –

    Exact inputs and evidence

    1123000 − 171000 = 952000 USD

    171000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    1123000 USD · 2025-01-01 – 2025-12-31

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Comparable inputs unavailable for: Net income.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 19.66 million 100% of revenue
  • Operating costs Derived USD 30.27 million 154% of revenue
  • Operating income −USD 10.61 million −54% of revenue
  • Tax, interest and other Derived Unavailable An input is unavailable.
  • Net income Unavailable An input is unavailable.

Cash

  • Operating cash flow USD 1.16 million 5.9% of revenue
  • Capital expenditure USD 1.12 million 5.7% of revenue
  • Free cash flow Derived USD 39,000 0.2% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2020 Not shown: operating income or net income is not reported.
  • 2021 Not shown: operating income or net income is not reported.
  • 2022 Not shown: operating income or net income is not reported.
  • 2023 Not shown: operating income or net income is not reported.
  • 2024 Not shown: operating income or net income is not reported.
  • 2025 Not shown: operating income or net income is not reported.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2020 2020-01-01 – 2020-12-3124916000 42644000 Derived -17728000 UnavailableUnavailable-2470000 Derived
Source
2021 2021-01-01 – 2021-12-317634000 -1575000 Derived 9209000 UnavailableUnavailable23559000 Derived
Source
2022 2022-01-01 – 2022-12-3113561000 446000 Derived 13115000 UnavailableUnavailable16243000 Derived
Source
2023 2023-01-01 – 2023-12-31767000 6869000 Derived -6102000 UnavailableUnavailable4006000 Derived
Source
2024 2024-01-01 – 2024-12-311467000 -4156000 Derived 5623000 UnavailableUnavailable8977000 Derived
Source
2025 2025-01-01 – 2025-12-3119660000 30268000 Derived -10608000 UnavailableUnavailable39000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 19.7M 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.26.9M20.2M13.5M6.7M0.0202020232025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2020Revenue24916000
2021Revenue7634000
2022Revenue13561000
2023Revenue767000
2024Revenue1467000
2025Revenue19660000

Revenue growth

Change in revenue from the same financial period one year earlier.

1,240.1% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1,347%960%573%186%-201%202020232025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2020Year over yearNo prior comparable period
2021Year over year-69.4%
2022Year over year77.6%
2023Year over year-94.3%
2024Year over year91.3%
2025Year over year1,240.1%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -54% 2025
Free cash flow margin 0.2% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.725%316%-92%-500%-908%202020232025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2020Operating margin-71.2%
2021Operating margin120.6%
2022Operating margin96.7%
2023Operating margin-795.6%
2024Operating margin383.3%
2025Operating margin-54%
2020-12-31Net marginNot reported
2021-12-31Net marginNot reported
2022-12-31Net marginNot reported
2023-12-31Net marginNot reported
2024-12-31Net marginNot reported
2025-12-31Net marginNot reported
2020Free cash flow margin-9.9%
2021Free cash flow margin308.6%
2022Free cash flow margin119.8%
2023Free cash flow margin522.3%
2024Free cash flow margin611.9%
2025Free cash flow margin0.2%

Operating cash flow

Cash generated by the company’s normal business operations.

USD 1.2M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.25.7M18.3M10.9M3.5M-3.9M202020232025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2020Operating cash flow-1850000
2021Operating cash flow23649000
2022Operating cash flow16560000
2023Operating cash flow4952000
2024Operating cash flow9148000
2025Operating cash flow1162000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 39K 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.25.6M18.1M10.5M3.0M-4.6M202020232025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2020Free cash flow-2470000
2021Free cash flow23559000
2022Free cash flow16243000
2023Free cash flow4006000
2024Free cash flow8977000
2025Free cash flow39000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

202.7% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.219%164%109%55%0%202020232025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2020Liabilities / assets113.7%
2021Liabilities / assets106.3%
2022Liabilities / assets79.7%
2023Liabilities / assets97.8%
2024Liabilities / assets88.5%
2025Liabilities / assets202.7%

Current assets to current liabilities

Current assets divided by current liabilities.

5.4× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.5.83×4.38×2.92×1.46×0.00×202020232025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2020Current assets / current liabilities1.92×
2021Current assets / current liabilities1.54×
2022Current assets / current liabilities1.68×
2023Current assets / current liabilities2.12×
2024Current assets / current liabilities0.63×
2025Current assets / current liabilities5.4×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2020 2020-01-01 – 2020-12-31
Unavailable Not reported for this period.
−USD 1.85 million
Exact value

Exact value: -1850000 USD

2020-01-01 – 2020-12-31: -1850000 USD Inspect Operating Cash Flow Open source
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USD 620,000
Exact value

Exact value: 620000 USD

2020-01-01 – 2020-12-31: 620000 USD Inspect Capital Expenditure Open source
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−USD 2.47 million
Calculation and evidence

-1850000 − 620000 USD

Exact free cash flow: -2470000 USD

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2021 2021-01-01 – 2021-12-31
Unavailable Not reported for this period.
USD 23.65 million
Exact value

Exact value: 23649000 USD

2021-01-01 – 2021-12-31: 23649000 USD Inspect Operating Cash Flow Open source
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USD 90,000
Exact value

Exact value: 90000 USD

2021-01-01 – 2021-12-31: 90000 USD Inspect Capital Expenditure Open source
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USD 23.56 million
Calculation and evidence

23649000 − 90000 USD

Exact free cash flow: 23559000 USD

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2022 2022-01-01 – 2022-12-31
Unavailable Not reported for this period.
USD 16.56 million
Exact value

Exact value: 16560000 USD

2022-01-01 – 2022-12-31: 16560000 USD Inspect Operating Cash Flow Open source
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USD 317,000
Exact value

Exact value: 317000 USD

2022-01-01 – 2022-12-31: 317000 USD Inspect Capital Expenditure Open source
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USD 16.24 million
Calculation and evidence

16560000 − 317000 USD

Exact free cash flow: 16243000 USD

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2023 2023-01-01 – 2023-12-31
Unavailable Not reported for this period.
USD 4.95 million
Exact value

Exact value: 4952000 USD

2023-01-01 – 2023-12-31: 4952000 USD Inspect Operating Cash Flow Open source
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USD 946,000
Exact value

Exact value: 946000 USD

2023-01-01 – 2023-12-31: 946000 USD Inspect Capital Expenditure Open source
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USD 4.01 million
Calculation and evidence

4952000 − 946000 USD

Exact free cash flow: 4006000 USD

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2024 2024-01-01 – 2024-12-31
Unavailable Not reported for this period.
USD 9.15 million
Exact value

Exact value: 9148000 USD

2024-01-01 – 2024-12-31: 9148000 USD Inspect Operating Cash Flow Open source
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USD 171,000
Exact value

Exact value: 171000 USD

2024-01-01 – 2024-12-31: 171000 USD Inspect Capital Expenditure Open source
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USD 8.98 million
Calculation and evidence

9148000 − 171000 USD

Exact free cash flow: 8977000 USD

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2025 2025-01-01 – 2025-12-31
Unavailable Not reported for this period.
USD 1.16 million
Exact value

Exact value: 1162000 USD

2025-01-01 – 2025-12-31: 1162000 USD Inspect Operating Cash Flow Open source
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USD 1.12 million
Exact value

Exact value: 1123000 USD

2025-01-01 – 2025-12-31: 1123000 USD Inspect Capital Expenditure Open source
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USD 39,000
Calculation and evidence

1162000 − 1123000 USD

Exact free cash flow: 39000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

5 filings · 281 latest values · 281 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 5967007LIEEXZXI7OG55, esef:5967007LIEEXZXI7OG55