Gjensidige Forsikring ASA/Nkr GJF
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Gjensidige Forsikring ASA
Gjensidige Forsikring ASA is a Norwegian general insurance company, providing a wide range of insurance products primarily within Norway and the Nordic countries. Its core business involves offering services in areas such as property and casualty insurance, life and pension insurance, and banking services. The company traces its history back to 1816, giving it a longstanding presence in the industry. Headquartered in Oslo, Norway, Gjensidige serves both individual and commercial clients across a broad geographic footprint. Its strategic positioning is supported by a strong brand recognition and a significant market share in the Nordic insurance sector.
- Ticker
- Nkr GJF
- Sector
- Finance
- Primary listing
- XOSL
- Employees
- 4,176
- Headquarters
- Oslo, Norway
- Website
- www.gjensidige.com
GJF Metrics
BasicAdvanced
kr 138B
19.44
kr 14.20
0.21
kr 14.50
3.62%
Price and volume
Market cap
kr 138B
Beta
0.21
52-week high
kr 303.00
52-week low
kr 241.40
Average daily volume
352K
Dividend rate
kr 14.50
Financial strength
Current ratio
30.56
Quick ratio
29.83
Long term debt to equity
0.258
Total debt to equity
0.258
Dividend payout ratio (TTM)
102.47%
Interest coverage (TTM)
18.53%
Profitability
EBITDA (TTM)
10,288.3
Gross margin (TTM)
38.30%
Net profit margin (TTM)
15.36%
Operating margin (TTM)
21.10%
Effective tax rate (TTM)
24.75%
Revenue per employee (TTM)
kr 11,290,000
Management effectiveness
Return on assets (TTM)
3.20%
Return on equity (TTM)
27.16%
Valuation
Price to earnings (TTM)
19.44
Price to revenue (TTM)
2.914
Price to book
6.1
Price to tangible book (TTM)
8.77
Price to free cash flow (TTM)
20.247
Free cash flow yield (TTM)
4.94%
Free cash flow per share (TTM)
13.632
Dividend yield (TTM)
5.25%
Forward dividend yield
3.62%
Growth
Revenue change (TTM)
3.66%
Earnings per share change (TTM)
12.40%
3-year revenue growth (CAGR)
8.88%
10-year revenue growth (CAGR)
5.58%
3-year earnings per share growth (CAGR)
18.39%
10-year earnings per share growth (CAGR)
3.94%
3-year dividend per share growth (CAGR)
6.62%
10-year dividend per share growth (CAGR)
4.56%
What the Analysts think about GJF
Analyst ratings (Buy, Hold, Sell) for Gjensidige Forsikring ASA stock.
Analyst projections of the future price of Gjensidige Forsikring ASA stock.
Bulls say / Bears say
Underwriting momentum is strong: Q3 general insurance service result rose to NOK 3.0bn from NOK 2.27bn, while the combined ratio improved to 73.6% from 79.7%. The underlying frequency loss ratio also fell to 60.1% from 65.7%. (Gjensidige Forsikring ASA)
Premiums are still growing and distribution is expanding: Q3 insurance revenue grew 5.3% in local currency after adjusting for a prior-year accounting effect, and new Norwegian partnerships are due to support growth from 2027. (Gjensidige Forsikring ASA, Investing.com)
The 190% solvency ratio gives Gjensidige a strong capital buffer and flexibility to fund profitable growth and shareholder distributions. (Gjensidige Forsikring ASA, Investing.com)
Q3 margins may be hard to sustain: the company says Q2 and Q3 are normally lower-claims quarters, and it reported favourable claims development this quarter. A return to more normal or severe claims could lift the combined ratio. (Gjensidige Forsikring ASA, Gjensidige Forsikring ASA)
Investment returns remain a source of earnings volatility: the Q3 portfolio result was negative NOK 192.9m, compared with a positive NOK 534m a year earlier, as higher interest rates and wider credit spreads weighed on returns. (Gjensidige Forsikring ASA)
A Danish Supreme Court ruling on workers’ compensation has already reduced Q2 results by NOK 419m net. Management said uncertainty remained over how many claims may be reopened, leaving scope for further charges. (Gjensidige Forsikring ASA, StockAnalysis)
Data summarised monthly by Lightyear AI. Last updated on 23 Oct 2026.
GJF Financial Performance
Revenues and expenses
GJF Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing GJF
AllEURUSDGBP
Fund name | Fund size | Nkr GJF weighting |
|---|---|---|
iShares STOXX Europe 600 Insurance€A0H08K | €605M | 0.59% |
Xtrackers MSCI Nordic£XDN0 | €1.1B | 0.38% |
iShares MSCI Europe SRI£IESG | €3.2B | 0.17% |
iShares MSCI Europe SRI€IESE | €3.2B | 0.17% |
iShares MSCI Europe Financials Sector€ESIF | €1.7B | 0.16% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.