GJØCO AS

Org. no. 854814702 · Gjemnes · Founded 1989 · 82 employees

Score · fiscal year 2025

56of 100

How to read this: the company is ahead of 62 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?

Rank in the Morning class Medium: 167 of 442 · What are Morning company classes?
Place in the whole sector: 767 of 2,017 · Industri

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 43 and solidity 56 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology

Against the sector

GJØCO AS is 6 points above the median for companies in the Morning class Medium in the same sector in 2025.

Median score 50 among 442 companies.

Against companies in the Morning class Medium in the same sector in 2025: operating margin 2.5% (median 4.5%) and equity ratio 42.6% (median 39.6%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 30 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue435 MNOK183 MNOK
Operating margin 2.5% 4.5% 36 %
Profit margin 2.1% 4.6% shown, not part of the index
Return on assets 9.1% 9.4% 49 %
Equity ratio 42.6% 39.6% 57 %
Debt-to-equity 1.34 1.48 56 %
Current ratio 1.95 1.50 71 %
Revenue growth 7.8% 6.6% 53 %
Revenue per employee5.30 MNOK2.82 MNOK

The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 56, GJØCO AS does better than 62% of companies in the Morning class Medium in the same sector (442 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • GJØCO AS
  • Median: companies in the Morning class Medium in the same sector
Summary analysis

GJØCO AS has a score of 56 for 2025, rank 767 of 2,017 in the sector.

Strongest: Consistency: percentile 72 against peers. Liquidity: percentile 71 against peers, current ratio 1.95 against a median of 1.50.

No area is clearly below its peers.

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

GJØCO AS had an operating margin of 2.5% and an equity ratio of 42.6% in 2025, and ranks 767 of 2,017 in Industri.

No large changes in the key figures from 2024 to 2025.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 49 MNOK and 85 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 6.9 MNOK 10.0 69 MNOK
EV/EBIT Operating profit: 11.0 MNOK
minus net debt 38.9 MNOK
8.0 49 MNOK
P/B Equity: 85.0 MNOK 1.0 85 MNOK

A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation

Indications · 2025

Worth a closer look

No rules were triggered for this year.

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 8.0% of the debt in 2025. The policy rate averaged 4.30 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.

See interest rates, prices and exchange rates for the sector

Data quality

No anomalies found in the figures.

Stress test · 2022

Scenario analysis: the sector's weakest year

We have no accounts for 2022, the sector's weakest year, for this company.

The sector's weakest year was 2022, with a median operating margin of −3.3%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability43 weight 30%
Solidity56 weight 25%
Liquidity71 weight 15%
Growth53 weight 15%
Consistency72 weight 15%

Durability: 60 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is GJØCO AS?

The operating margin was 2.5% in 2025, against a median of 4.5% among companies in the Morning class Medium in the same sector. Return on assets was 9.1%.

How solid is GJØCO AS?

The equity ratio was 42.6% in 2025 (median 39.6%). Debt-to-equity was 1.34 (median 1.48).

What is the liquidity of GJØCO AS like?

The current ratio was 1.95 in 2025 (median 1.50).

How does GJØCO AS compare in Industri?

GJØCO AS ranks 767 of 2,017 in Industri for 2025. Among companies in the Morning class Medium it is number 167 of 442. Revenue changed by 7.8% from the year before.

From the Central Coordinating Register

Org. no.
854814702
Legal form
AS
Sector
Industri (20.300)
Morning company class
Medium
Employees
82 registered 10 October 2026
Founded
1 December 1989 36 years in operation
Share capital
1.00 MNOK
Business address
Ørvegen 1160, 6639 TORVIKBUKT (GJEMNES)
Municipality
Gjemnes rank 4 of 39 in KOSTRA group 4
Latest accounts filed
2025
Website
www.gjoco.no
LEI
549300WH4WG8OPSLME72 renews 3 September 2027

Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre

Ownership and roles

Chief executive
Rolf Tage Gjøen
Chair of the board
Johan Fredrik Mietle
Board member
Rolf Tage Gjøen
Board member
May Britt Heggem Gjøen
Board member
Elise Heggem Gjøen
Auditor
BDO AS

Source: Central Coordinating Register, fetched 31 October 2026. Only names are shown.

Parent company
Parent not reported

Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 October 2026. The parent is the one the company itself reported to GLEIF.

Owners and shareholdings will appear here once the shareholder data extract is in place.

Coming · not built yet

Error in the data?

Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.

Report an issue

Figures last fetched 30 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index626156
Rank628588767
Operating margin5.2%4.4%2.5%
Return on assets15.8%13.2%9.1%
Equity ratio39.4%42.8%42.6%
Current ratio1.862.001.95
Revenue growth–10.4%7.8%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue365.3 MNOK403.4 MNOK435.0 MNOK
Operating profit18.9 MNOK17.7 MNOK11.0 MNOK
Profit before tax9.1 MNOK13.5 MNOK9.0 MNOK
Net profit7.0 MNOK10.5 MNOK6.9 MNOK
Financial expenses18.5 MNOK10.7 MNOK9.1 MNOK
Total assets175.1 MNOK182.9 MNOK199.3 MNOK
Current assets122.7 MNOK129.4 MNOK143.0 MNOK
Equity69.0 MNOK78.3 MNOK85.0 MNOK
Retained earnings66.2 MNOK75.5 MNOK82.2 MNOK
Total liabilities106.1 MNOK104.6 MNOK114.3 MNOK
Current liabilities66.1 MNOK64.9 MNOK73.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 7127107.