TGS is a leading energy data and intelligence company, known for its asset-light, multi-client business model and global data collection.
For over 40 years, TGS has built a strong foundation as a global leader in providing a diverse range of energy data and insights to meet the industry where it’s at and where it’s headed. Our proven technology and innovation, robust business model, and obsession with customer service position us to continue to lead the way in oil and gas opportunities and undertake long-term investments in industries that look to reduce carbon emissions.
1996
Served areaWorldwide
Headcount480
HeadquartersAskekroken 11, 0277 Oslo – Norway
Line item in (usd) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
---|---|---|---|---|
Assets | N/A | 2,008,818,000.00 | 1,629,827,000.00 | 1,838,897,000.00 |
Noncurrent Assets | N/A | 1,444,104,000.00 | 1,194,533,000.00 | 1,325,087,000.00 |
Buildings | N/A | 2,257,000.00 | 3,057,000.00 | 4,474,000.00 |
Goodwill | N/A | 288,377,000.00 | 303,964,000.00 | 384,649,000.00 |
Other Intangible Assets | N/A | 17,396,000.00 | 25,477,000.00 | 65,805,000.00 |
Deferred Tax Assets | N/A | 76,048,000.00 | 95,888,000.00 | 82,196,000.00 |
Other Noncurrent Assets | N/A | 19,471,000.00 | 7,791,000.00 | 11,711,000.00 |
Current Assets | N/A | 564,715,000.00 | 435,294,000.00 | 513,810,000.00 |
Inventories | N/A | N/A | 0.00 | 6,575,000.00 |
Current Trade Receivables | N/A | 168,746,000.00 | 113,513,000.00 | 142,781,000.00 |
Other Current Receivables | N/A | 91,516,000.00 | 73,901,000.00 | 78,463,000.00 |
Cash and cash equivalents | 323,408,000.00 | 195,716,000.00 | 215,329,000.00 | 188,452,000.00 |
Equity And Liabilities | N/A | 2,008,818,000.00 | 1,629,827,000.00 | 1,838,897,000.00 |
Equity | 1,527,520,000.00 | 1,268,656,000.00 | 1,115,328,000.00 | 1,239,763,000.00 |
Issued Capital | N/A | 4,082,000.00 | 4,086,000.00 | 4,259,000.00 |
Share Premium | N/A | 416,878,000.00 | 416,878,000.00 | 537,583,000.00 |
Treasury Shares | N/A | 1,000.00 | 38,000.00 | 18,000.00 |
Additional Paidin Capital | N/A | 45,248,000.00 | 45,248,000.00 | 45,248,000.00 |
Equity Attributable To Owners Of Parent | N/A | 1,268,664,000.00 | 1,115,335,000.00 | 1,235,907,000.00 |
Noncontrolling Interests | N/A | -7,000.00 | -7,000.00 | 3,856,000.00 |
Liabilities | N/A | 740,162,000.00 | 514,499,000.00 | 599,134,000.00 |
Noncurrent Liabilities | N/A | 74,408,000.00 | 67,787,000.00 | 94,148,000.00 |
Deferred Tax Liabilities | N/A | 29,100,000.00 | 32,059,000.00 | 23,130,000.00 |
Other Noncurrent Liabilities | N/A | 757,000.00 | 2,706,000.00 | 42,408,000.00 |
Current Liabilities | N/A | 665,754,000.00 | 446,712,000.00 | 504,986,000.00 |
Trade And Other Current Payables To Trade Suppliers | N/A | 77,683,000.00 | 71,669,000.00 | 72,862,000.00 |
Current Deferred Income Including Current Contract Liabilities | N/A | N/A | 238,169,000.00 | 126,462,000.00 |
Current Payables On Social Security And Taxes Other Than Income Tax | N/A | 37,582,000.00 | 77,941,000.00 | 77,223,000.00 |
Other Current Liabilities | N/A | 93,314,000.00 | 48,151,000.00 | 145,341,000.00 |
Line item in (usd) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
---|---|---|---|
Revenue | 360,001,000.00 | 518,689,000.00 | 716,633,000.00 |
Employee Benefits Expense | 53,864,000.00 | 54,870,000.00 | 86,407,000.00 |
Other Expense By Nature | 39,866,000.00 | 46,410,000.00 | 53,843,000.00 |
Profit Loss From Operating Activities | -228,919,000.00 | -72,332,000.00 | 132,034,000.00 |
Finance Income | 853,000.00 | 2,525,000.00 | 2,396,000.00 |
Finance Costs | 3,130,000.00 | 6,362,000.00 | 8,508,000.00 |
Profit Loss Before Tax | -223,389,000.00 | -85,088,000.00 | 128,865,000.00 |
Income Tax Expense Continuing Operations | -55,892,000.00 | -9,103,000.00 | 40,898,000.00 |
Profit (loss) | -167,498,000.00 | -75,985,000.00 | 87,967,000.00 |
Profit Loss Attributable To Owners Of Parent | -167,498,000.00 | -75,985,000.00 | 87,796,000.00 |
Profit Loss Attributable To Noncontrolling Interests | 0.00 | 0.00 | 171,000.00 |
Line item in (usd) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
---|---|---|---|---|
Profit (loss) | N/A | -167,498,000.00 | -75,985,000.00 | 87,967,000.00 |
Adjustments For Decrease Increase In Other Operating Receivables | N/A | -39,316,000.00 | 15,632,000.00 | 33,061,000.00 |
Adjustments For Unrealised Foreign Exchange Losses Gains | N/A | -5,354,000.00 | 0.00 | N/A |
Cash Flows From Used In Operating Activities | N/A | 354,728,000.00 | 328,343,000.00 | 343,153,000.00 |
Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | 0.00 | 34,304,000.00 | 54,563,000.00 |
Interest Received Classified As Investing Activities | N/A | 853,000.00 | 2,525,000.00 | 6,396,000.00 |
Cash Flows From Used In Investing Activities | N/A | -390,493,000.00 | -200,188,000.00 | -272,718,000.00 |
Payments To Acquire Or Redeem Entitys Shares | N/A | 6,601,000.00 | 15,689,000.00 | 7,015,000.00 |
Repayments Of Borrowings Classified As Financing Activities | N/A | 0.00 | 2,500,000.00 | N/A |
Payments Of Lease Liabilities Classified As Financing Activities | N/A | N/A | 10,695,000.00 | 20,599,000.00 |
Dividends Paid Classified As Financing Activities | N/A | 87,783,000.00 | 65,524,000.00 | 66,136,000.00 |
Interest Paid Classified As Financing Activities | N/A | 2,896,000.00 | 6,362,000.00 | 5,608,000.00 |
Cash Flows From Used In Financing Activities | N/A | -97,280,000.00 | -100,770,000.00 | -99,358,000.00 |
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes | N/A | -133,045,000.00 | 27,385,000.00 | -28,923,000.00 |
Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | 5,354,000.00 | -7,773,000.00 | 2,047,000.00 |
Cash and cash equivalents | 323,408,000.00 | 195,716,000.00 | 215,329,000.00 | 188,452,000.00 |
Please note that some sums might not add up.
NO0003078800
LEI549300NUPLAXPB0WYH90
SectorOil & Gas Equipment & Services
Listed Stock ExchangeOBX
Main Stock ExchangeKeep yourself informed with the most recent updates on FinancialReports, IPOs, product advancements, and other significant news.