HomeGJNSY • OTCMKTS
add
Gjensidige Forsikring Asa Unsponsored Norway ADR
Previous close
$17.54
Day range
$16.68 - $17.34
Year range
$13.39 - $19.11
Avg Volume
1.39K
In the news
Financials
Income Statement
Revenue
Net income
(NOK) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 11.17B | 17.63% |
Operating expense | 1.80B | -9.59% |
Net income | 1.70B | 105.13% |
Net profit margin | 15.19 | 74.40% |
Earnings per share | 3.26 | 100.00% |
EBITDA | 2.39B | 86.26% |
Effective tax rate | 24.81% | — |
Balance Sheet
Total assets
Total liabilities
(NOK) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 72.19B | 6.39% |
Total assets | 167.60B | 18.18% |
Total liabilities | 142.69B | 20.31% |
Total equity | 24.91B | — |
Shares outstanding | 510.96M | — |
Price to book | 0.39 | — |
Return on assets | 3.54% | — |
Return on capital | 20.16% | — |
Cash Flow
Net change in cash
(NOK) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 1.70B | 105.13% |
Cash from operations | 1.20B | 1,149.58% |
Cash from investing | 36.20M | 115.87% |
Cash from financing | -128.50M | -132.97% |
Net change in cash | 1.06B | 399.11% |
Free cash flow | 904.39M | 112.18% |
About
Gjensidige Forsikring ASA is a Norwegian insurance company. The company traces its roots back to 1816 when a fire mutual was founded as Land Gjensidige Brandkasse in what is today Innlandet county. Gjensidige demutualised and listed on the Oslo Stock Exchange in December 2010. The firm, headquartered in Oslo, has a market share of some 26% in the Norwegian insurance market. The company has 36 branch offices in Norway, not including affiliated fire mutuals, and 1 million customers. Gjensidige has subsidiaries in Denmark, Sweden and The Baltics.
The company offers all kinds of insurance for retail customers, agriculture and business. It also offers pensions and savings products. Wikipedia
Founded
1922
Website
Employees
4,526