Notes And Other Explanatory Information [Abstract]

Electromagnetic Geoservices ASA - Filing #2544127

Concept 2023-01-01 to
2023-12-31
Notes and other explanatory information [abstract]
Disclosure of accounting judgements and estimates [text block]
c) Research and development costs
Disclosure of accrued expenses and other liabilities [text block]
Note 26 – Other short-term liabilities
Disclosure of allowance for credit losses [text block]
i) Trade receivables
Disclosure of basis of preparation of financial statements [text block]
2.1 Basis of preparation
Disclosure of cash and cash equivalents [text block]
Note 21 – Cash and cash equivalents and restricted cash
Disclosure of changes in accounting policies, accounting estimates and errors [text block]
2.16 Changes in accounting policies and disclosures
Disclosure of commitments [text block]
Note 29 - Commitments
Disclosure of commitments and contingent liabilities [text block]
Note 28 - Contingencies
Disclosure of credit risk [text block]
b) Credit risk
Disclosure of deferred taxes [text block]
Note 13 – Deferred tax
Disclosure of earnings per share [text block]
Note 31 – Earnings/(loss) per share
Disclosure of effect of changes in foreign exchange rates [text block]
ii) Foreign currency risk
Disclosure of employee benefits [text block]
Note 22 – Employee benefit obligations
Disclosure of events after reporting period [text block]
Note 34 – Events after the reporting period
Disclosure of expenses [text block]
Note 7 – Charter hire, fuel and crew expenses
Disclosure of fair value measurement [text block]
Fair values
Disclosure of fair value of financial instruments [text block]
Note 23 – Financial liabilities
Disclosure of financial instruments [text block]
Note 3 – Financial risk management objectives and policies
Disclosure of general information about financial statements [text block]
Note 1 – Corporate information
Disclosure of going concern [text block]
4.3 Liquidity and Going Concern Assumption
Disclosure of information about hyperinflationary reporting [text block]
c) Group companies
Disclosure of impairment of assets [text block]
Impairment of multi-client library
Disclosure of information about employees [text block]
The average number of full-time equivalents was 18.8 in 2023 (2022: 20).
Disclosure of information about key management personnel [text block]
Note 8 – Employee expenses
Disclosure of intangible assets and goodwill [text block]
Note 16 – Intangible assets
Disclosure of interest income (expense) [text block]
Note 11 – Financial items
Disclosure of inventories [text block]
Note 19 – Spare parts, fuel, anchors and batteries
Disclosure of leases [text block]
Note 27 – Leases
Disclosure of liquidity risk [text block]
c) Liquidity risk
Disclosure of market risk [text block]
a) Market risk
Disclosure of material accounting policy information [text block]
Note 2 – Summary of significant accounting policies
Disclosure of objectives, policies and processes for managing capital [text block]
i) Capital management
Disclosure of other assets [text block]
2.3 Current versus non-current classification
Disclosure of other operating expense [text block]
Note 9 – Other operating expenses
Disclosure of property, plant and equipment [text block]
Note 17 – Property, plant and equipment and assets under construction
Disclosure of provisions [text block]
Note 25 – Provisions
Disclosure of related party [text block]
Note 32 – Related party transactions
Disclosure of research and development expense [text block]
Note 10 – Research and development costs
Disclosure of revenue [text block]
Note 5 – Shared revenue
Disclosure of revenue from contracts with customers [text block]
Note 6 – Segment
Disclosure of share capital, reserves and other equity interest [text block]
Note 14 – Share capital, share premium and other paid in capital
Disclosure of share-based payment arrangements [text block]
Note 15 – Share based payment transactions
Disclosure of subsidiaries [text block]
Note 33 – Investment in subsidiaries
Disclosure of tax receivables and payables [text block]
Note 12 – Income tax expense
Disclosure of trade and other payables [text block]
Note 24 – Trade payables
Disclosure of trade and other receivables [text block]
Note 18 - Other receivables and prepayments

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