Gjensidige Forsikring ASA
Gjensidige Forsikring ASA, together with its subsidiaries, provides general insurance and pension products in Norway, Sweden, Denmark, Finland, Latvia, Lithuania, and Estonia. It operates in four segments: General Insurance Private, General Insurance Commercial, General Insurance Sweden, and Pension. The company offers motor, property, travel, accident and health, general liability, natural peril… Read more
Gjensidige Forsikring ASA (GJNSF) - Net Assets
Latest net assets as of December 2025: $28.31 Billion USD
Based on the latest financial reports, Gjensidige Forsikring ASA (GJNSF) has net assets worth $28.31 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($191.90 Billion) and total liabilities ($163.59 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $28.31 Billion |
| % of Total Assets | 14.75% |
| Annual Growth Rate | 23.5% |
| 5-Year Change | 12.32% |
| 10-Year Change | 26.8% |
| Growth Volatility | 203.01 |
Gjensidige Forsikring ASA - Net Assets Trend (2014–2025)
This chart illustrates how Gjensidige Forsikring ASA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Gjensidige Forsikring ASA (2014–2025)
The table below shows the annual net assets of Gjensidige Forsikring ASA from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $28.31 Billion | +8.82% |
| 2024-12-31 | $26.02 Billion | +7.35% |
| 2023-12-31 | $24.23 Billion | -6.33% |
| 2022-12-31 | $25.87 Billion | +2.65% |
| 2021-12-31 | $25.21 Billion | -0.31% |
| 2020-12-31 | $25.28 Billion | -3.47% |
| 2019-12-31 | $26.19 Billion | +9.84% |
| 2018-12-31 | $23.85 Billion | +0.60% |
| 2017-12-31 | $23.70 Billion | +6.17% |
| 2016-12-31 | $22.33 Billion | +708.43% |
| 2015-12-31 | $2.76 Billion | -0.57% |
| 2014-12-31 | $2.78 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gjensidige Forsikring ASA's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $28.31 Billion | 100.00% |
| Total Equity | $28.31 Billion | 100.00% |
Gjensidige Forsikring ASA Competitors by Market Cap
The table below lists competitors of Gjensidige Forsikring ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AKERO THEREP.INC.DL-0001
F:0K4
|
$3.35 Billion |
|
Fastly Inc. Cl A
LSE:0A3P
|
$3.35 Billion |
|
Prada S.p.A
PINK:PRDSF
|
$3.35 Billion |
|
Viking Therapeutics Inc
NASDAQ:VKTX
|
$3.35 Billion |
|
Shenzhen H&T Intelligent Control Co Ltd
SHE:002402
|
$3.35 Billion |
|
Beijing Roborock Technology Co Ltd
SHG:688169
|
$3.35 Billion |
|
Muthoot Finance Limited
NSE:MUTHOOTFIN
|
$3.34 Billion |
|
Liberty Global PLC Class B
NASDAQ:LBTYB
|
$3.34 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gjensidige Forsikring ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 26,007,400,000 to 28,307,200,000, a change of 2,299,800,000 (8.8%).
- Net income of 6,556,200,000 contributed positively to equity growth.
- Dividend payments of 4,999,700,000 reduced retained earnings.
- Other factors increased equity by 743,300,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $6.56 Billion | +23.16% |
| Dividends Paid | $5.00 Billion | -17.66% |
| Other Changes | $743.30 Million | +2.63% |
| Total Change | $- | 8.84% |
Book Value vs Market Value Analysis
This analysis compares Gjensidige Forsikring ASA's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.31x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $47.37 | $17.52 | x |
| 2018-12-31 | $47.69 | $17.52 | x |
| 2019-12-31 | $52.39 | $17.52 | x |
| 2020-12-31 | $50.57 | $17.52 | x |
| 2021-12-31 | $50.41 | $17.52 | x |
| 2022-12-31 | $51.75 | $17.52 | x |
| 2023-12-31 | $48.46 | $17.52 | x |
| 2024-12-31 | $52.02 | $17.52 | x |
| 2025-12-31 | $56.62 | $17.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gjensidige Forsikring ASA utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 23.16%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.67%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 6.78x
- Recent ROE (23.16%) is above the historical average (20.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 19.35% | 16.46% | 0.22x | 5.26x | $259.58 Million |
| 2015 | 16.26% | 14.87% | 0.20x | 5.55x | $172.61 Million |
| 2016 | 20.94% | 16.97% | 0.20x | 6.09x | $2.44 Billion |
| 2017 | 19.10% | 15.71% | 0.19x | 6.29x | $2.15 Billion |
| 2018 | 15.59% | 13.87% | 0.17x | 6.57x | $1.33 Billion |
| 2019 | 25.17% | 22.43% | 0.26x | 4.29x | $3.97 Billion |
| 2020 | 19.59% | 16.82% | 0.25x | 4.68x | $2.43 Billion |
| 2021 | 28.33% | 22.20% | 0.25x | 5.15x | $4.62 Billion |
| 2022 | 17.66% | 13.95% | 0.24x | 5.22x | $1.98 Billion |
| 2023 | 17.05% | 11.16% | 0.25x | 6.12x | $1.71 Billion |
| 2024 | 19.77% | 12.74% | 0.24x | 6.59x | $2.54 Billion |
| 2025 | 23.16% | 14.67% | 0.23x | 6.78x | $3.73 Billion |
Industry Comparison
This section compares Gjensidige Forsikring ASA's net assets metrics with peer companies in the Insurance - Property & Casualty industry.
Industry Context
- Industry: Insurance - Property & Casualty
- Average net assets among peers: $3,948,110,200
- Average return on equity (ROE) among peers: 16.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gjensidige Forsikring ASA (GJNSF) | $28.31 Billion | 19.35% | 5.78x | $3.35 Billion |
| American Coastal Insurance Corp (ACIC) | $45.29 Million | -2.04% | 3.72x | $250.00 Million |
| American Financial Group Inc (AFG) | $1.95 Billion | -0.76% | 7.91x | $8.54 Billion |
| AmTrust Financial Services Inc Pref Series A (AFSIA) | $118.83 Million | 11.87% | 3.19x | $1.69 Billion |
| Aspen Insurance Holdings Limited (AHL) | $2.39 Billion | 15.82% | 1.78x | $14.67 Million |
| American Integrity Insurance Group, Inc. (AII) | $337.02 Million | 29.56% | 2.63x | $227.08 Million |
| Assurant Inc (AIZ) | $3.37 Billion | 2.66% | 6.24x | $10.74 Billion |
| The Allstate Corporation (ALL) | $30.61 Billion | 33.59% | 2.91x | $53.61 Billion |
| Admiral Group plc (AMIGF) | $68.95 Million | 44.87% | 4.47x | $10.33 Billion |
| Ategrity Specialty Insurance Company Holdings (ASIC) | $398.81 Million | 11.81% | 1.82x | $155.46 Million |
| Bowhead Specialty Holdings Inc. (BOW) | $192.08 Million | 13.04% | 4.35x | $707.67 Million |