1. Norway Stocks

  2. •

    Finance

  3. •

    Multi-line insurance
Gjensidige Forsikring ASA

Gjensidige Forsikring ASA

25.82
EUR
+0.10
(+0.39%)
1.25EPS
18.34P/E
11.88BMarket Cap
Oct 23Next Earn
Gjensidige Forsikring ASA
GETTEX:XGJ
(Gettex)

Recent

price

25.82

P/E

ratio

18.34

div

yld

0.10%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
NOK
43.08
42.65
44.27
46.47
50.77
51.16
55.01
54.23
51.07
58.51
58.48
63.34
59.37
74.03
81.17
89.88
89.8
Revenue per Share
5.9
5.5
8.56
7.34
8.38
7.58
9.34
9.05
7.44
13.19
9.91
14.28
6.88
8.26
10.28
13.11
14.64
Basic EPS, GAAP
7.69
5.32
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
3.36
4.7
4.55
6.85
16.7
5.9
12.28
6.92
7.1
7.1
12.25
13.8
7.7
8.25
8.75
10
0.29
Dividend per Share
46.28
46.46
51.24
52.58
43.32
46.62
44.61
47.37
47.69
52.39
50.57
48.86
47.92
48.46
52.02
56.62
46.63
Book Value per Share
38.42
39.3
44.46
45.18
35.43
37.48
35.61
37.31
37.96
43.03
40.76
37.49
32.72
32.17
36.44
41.1
31.99
Tangible Book Value per Share
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
510
Basic Weighted Avg Shares
21,539
21,326
22,132
23,230
25,382
25,579
27,503
27,113
25,533
29,253
29,240
31,667
29,684
37,014
40,584
44,936
45,779
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
254
182
127
162
170
210
254
261
265
256
182
118
141
- -
- -
- -
- -
Depreciation Expense
2,950
2,748
4,280
3,671
4,190
3,789
4,670
4,523
3,718
6,594
4,954
7,141
3,438
4,131
5,141
6,556
7,463
Net Income, GAAP
9.33
24.66
24.03
19.75
22.41
25.05
24.01
22.17
20.72
15.45
21.88
18.85
20.38
25.77
24.07
24.46
24.37
Effective Tax Rate (%)
13.7
12.89
19.34
15.8
16.51
14.81
16.98
16.68
14.56
22.54
16.94
22.55
11.58
11.16
12.67
14.59
16.3
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
5,255
5,263
5,356
9,772
11,747
19,352
21,543
25,031
1,498
2,624
2,515
3,667
3,784
4,362
5,412
5,280
5,354
LT Debt
23,138
23,229
25,618
26,288
21,657
23,331
22,326
23,703
23,845
26,192
25,285
24,430
23,960
24,235
26,016
28,310
23,313
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
10.67
11.12
15.86
12.52
13.77
11.25
12
10.87
10.04
25.06
18.1
26.33
12.31
14.67
17.13
20.17
26.56
Return on Capital (%)
13.08
11.85
17.52
14.14
17.48
16.85
20.48
19.67
15.64
26.36
19.25
28.73
14.21
17.15
20.47
24.14
32.83
Return on Common Equity (%)

Capital Structure

NOK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
4,094
4,094
4,095
LT Finance Leases
1,187
1,254
1,259
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
500
500
500
Market Capitalization
149,899
126,240
134,236

Working Capital

NOK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
4,426
11,901
4,511
Accounts Receivable, Net
- -
- -
- -
Inventories
19
21
33
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

NOK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.08%
2.4%
8.82%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
11.92%
12.89%
27.54%
Sales/Revenue/Turnover
6.19%
9.42%
10.73%
Total Cash Common Dividend
- -
-0.81%
14.29%

Quarterly Revenue

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9,327
9,794
11,314
9,930
40,584
2025
10,501
11,769
- -
10,791
44,936
2026
11,044
12,175
- -
- -
- -

Quarterly Earnings Per Share

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.59
2.72
3.32
2.38
10.28
2025
2.6
4.53
- -
2.58
13.11
2026
3.36
4.18
- -
- -
- -

Quarterly Dividends Per Share

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
8.75
2025
9.44
0.29
- -
- -
10
2026
- -
- -
- -
- -
- -
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Business
Gjensidige Forsikring ASA is a leading Norwegian general insurance company operating primarily in the Nordic and Baltic regions, including Norway, Denmark, Sweden, Latvia, Lithuania, and Estonia. Founded in 1922 and headquartered in Oslo, Norway, Gjensidige offers a wide array of insurance products and services including motor insurance; home, vacation home, and personal property insurance; boat and valuables insurance; life and health insurance; pet insurance; travel and student abroad insurance; as well as youth insurance. The company also provides tailored insurance solutions for commercial, agricultural, and municipal sectors. In Norway, Gjensidige additionally offers pension and savings plans. The company extends mobility services through its Flyt and REDGO brands. Gjensidige’s business is structured across several segments: General Insurance Private, General Insurance Commercial, General Insurance Denmark, General Insurance Sweden, General Insurance Baltics, and Pension. These segments cover a broad spectrum of insurance needs, including property, accident, health, and pure risk life insurance with durations typically up to one year, predominantly in group life insurance. Gjensidige’s general insurance operations combine property and casualty coverage with accident and health insurance offerings catering to both private individuals and businesses. Recent major company changes include a strategic reorganization announced in 2023 to strengthen operations and accelerate growth in the Nordic and Baltic insurance markets. This reorganization introduced three new business areas—Private, Commercial, and Claims—and created dedicated staff areas focused on strategy, innovation, merger and acquisition activities, people, communication, brand, and sustainability. In 2025, Gjensidige completed the acquisition of a 21.8% stake in Buysure AS, a move aimed at bolstering its digital capabilities and market reach. The company continues to enhance its sustainability initiatives, committing to significant reductions in greenhouse gas emissions by transitioning to electric vehicles and improving energy efficiency. Gjensidige also advances its product portfolio with an emphasis on sustainable pension profiles and insurance products aligned with EU taxonomy criteria. Gjensidige is widely recognized for its strong customer orientation, expertise in pricing, risk assessment, claims settlement, and industry-leading cost efficiency, serving approximately one million customers through 36 branch offices in Norway and its international operations. The group employs around 4,664 people across six countries and remains focused on profitable organic growth and market consolidation within its core markets. Overall, Gjensidige Forsikring ASA operates as a comprehensive insurance service provider with an extensive product range encompassing general insurance, life and health insurance, pensions, savings solutions, and mobility services, complemented by strategic organizational and investment initiatives designed to strengthen its leadership in the Nordic and Baltic insurance markets.

Company News

Company News APIChatGPT

  • seekingalpha.com

    Gjensidige Forsikring ASA (GJNSY) Discusses Q3 Pre-close Update, Weather Impact, Major Fire Event, and Tier 2 Bond Issuance Transcript

  • seekingalpha.com

    Gjensidige Forsikring ASA (GJNSY) Q2 2026 Earnings Call Transcript

  • reuters.com

    Swatch shareholders reject activist investor's bid for board seat

  • seekingalpha.com

    Gjensidige Forsikring ASA (GJNSY) Discusses Q1 Preclose Update Including Weather Impact, Dividend Proposal, and Baltic Operations Sale Transcript

  • seekingalpha.com

    Gjensidige Forsikring ASA (GJNSY) Q4 2025 Earnings Call Transcript

  • seekingalpha.com

    Gjensidige Forsikring ASA (GJNSY) Discusses Q4 Pre-Close Update With Storm Amy Impact and Seasonal Claims Overview Transcript

  • seekingalpha.com

    Gjensidige Forsikring ASA (GJNSY) Q3 2025 Earnings Call Transcript

  • seekingalpha.com

    Gjensidige Forsikring ASA (GJNSF) Q2 2025 Earnings Call Transcript

  • seekingalpha.com

    Gjensidige Forsikring ASA (GJNSF) Q1 2025 Earnings Call Transcript

  • seekingalpha.com

    Gjensidige Forsikring ASA (GJNSF) Q3 2024 Earnings Call Transcript

  • seekingalpha.com

    Gjensidige Forsikring ASA (GJNSF) Q1 2024 Earnings Call Transcript

  • seekingalpha.com

    Gjensidige Forsikring ASA (GJNSF) Q3 2023 Earnings Call Transcript

  • seekingalpha.com

    Gjensidige Forsikring ASA (GJNSF) Q2 2023 Earnings Call Transcript