GLAXOSMITHKLINE AS

Org. no. 930606308 · OSLO · Founded 1981 · 74 employees

Score · fiscal year 2025

52of 100

How to read this: the company is ahead of 55 % of companies in the Morning class Large in the same sector in 2025. What does this mean?

Rank in the Morning class Large: 242 of 541 · What are Morning company classes?
Place in the whole sector: 10,706 of 23,065 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 52 and solidity 45 out of 100 among companies in the Morning class Large in the same sector in 2025. Methodology

Against the sector

GLAXOSMITHKLINE AS is 2 points above the median for companies in the Morning class Large in the same sector in 2025.

Median score 50 among 541 companies.

Against companies in the Morning class Large in the same sector in 2025: operating margin 3.0% (median 2.5%) and equity ratio 28.0% (median 30.9%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 27 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue1,264 MNOK1,119 MNOK
Operating margin 3.0% 2.5% 57 %
Profit margin 3.1% 2.5% shown, not part of the index
Return on assets 9.7% 10.2% 46 %
Equity ratio 28.0% 30.9% 46 %
Debt-to-equity 2.57 2.23 45 %
Current ratio 1.11 1.30 29 %
Revenue growth 21.6% 6.9% 82 %
Revenue per employee17.08 MNOK12.49 MNOK

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

With an index of 52, GLAXOSMITHKLINE AS does better than 55% of companies in the Morning class Large in the same sector (541 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • GLAXOSMITHKLINE AS
  • Median: companies in the Morning class Large in the same sector
Summary analysis

GLAXOSMITHKLINE AS has a score of 52 for 2025, rank 10,706 of 23,065 in the sector.

Strongest: Growth: percentile 82 against peers, revenue growth 21.6% against a median of 6.9%.

Weakest: Liquidity: percentile 29 against peers, current ratio 1.11 against a median of 1.30.

Worth a closer look

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

GLAXOSMITHKLINE AS had an operating margin of 3.0% and an equity ratio of 28.0% in 2025, and ranks 10,706 of 23,065 in Handel.

From 2024 to 2025: revenue grew by 22% and the equity ratio fell from 37.3% to 28.0%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 118 MNOK and 315 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 29.1 MNOK 10.0 291 MNOK
EV/EBIT Operating profit: 38.0 MNOK
minus net debt −11.0 MNOK
8.0 315 MNOK
P/B Equity: 118.1 MNOK 1.0 118 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

  • watch

    Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?

    Based on: Revenue growth 21.6% (median 6.9%); Current ratio 1.11 (median 1.30).

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

Financial costs were 0.7% 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.

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 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability52 weight 30%
Solidity45 weight 25%
Liquidity29 weight 15%
Growth82 weight 15%
Consistency57 weight 15%

Durability: 57 (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 GLAXOSMITHKLINE AS?

The operating margin was 3.0% in 2025, against a median of 2.5% among companies in the Morning class Large in the same sector. Return on assets was 9.7%.

How solid is GLAXOSMITHKLINE AS?

The equity ratio was 28.0% in 2025 (median 30.9%). Debt-to-equity was 2.57 (median 2.23).

What is the liquidity of GLAXOSMITHKLINE AS like?

The current ratio was 1.11 in 2025 (median 1.30).

How does GLAXOSMITHKLINE AS compare in Handel?

GLAXOSMITHKLINE AS ranks 10,706 of 23,065 in Handel for 2025. Among companies in the Morning class Large it is number 242 of 541. Revenue changed by 21.6% from the year before.

Group accounts

The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.

Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.

We do not show the group structure, because open data does not say who owns whom.

Public contracts

Contracts awarded since 2024
0
Total awarded value since 2024
value not stated
DateBuyerNotice ValueCPV
17 October 2022 Folkehelseinstituttet Vaksine mot rotavirus 0.0 MNOK 33600000
10 November 2020 Folkehelseinstituttet HPV-vaksine i barnevaksinasjonsprogrammet 0.0 MNOK (framework) 33600000
28 July 2020 Folkehelseinstituttet Heksavalent vaksine - Kombinasjonsvaksine mot difteri, tetanus, kikhoste, polio, Hib og hepatitt B value not stated 33600000
8 August 2018 Folkehelseinstituttet Pandemisk influensavaksine value not stated 33600000

Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.

Source: Doffin (DFØ), fetched 28 October 2026. Winners are matched on organisation number.

Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0

From the Central Coordinating Register

Org. no.
930606308
Legal form
AS · part of a group
Sector
Handel (46.460)
Morning company class
Large
Employees
74 registered 10 October 2026
Founded
25 August 1981 45 years in operation
Share capital
0.95 MNOK
Business address
Drammensveien 288, 0283 OSLO
Municipality
Oslo rank 63–221 of 357 in Norway
Latest accounts filed
2025

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
Omur Akalin Erin
Chair of the board
Omur Akalin Erin
Auditor
DELOITTE AS
Accountant
AMESTO ACCOUNTHOUSE AS
Accountant
KPMG ACCOUNTING AS

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

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 27 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index605952
Rank7,2337,27110,706
Operating margin2.8%3.2%3.0%
Return on assets9.8%11.6%9.7%
Equity ratio39.8%37.3%28.0%
Current ratio1.201.171.11
Revenue growth–15.0%21.6%

Accounts

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

Key figure202320242025
Operating revenue903.1 MNOK1,038.8 MNOK1,263.6 MNOK
Operating profit25.4 MNOK33.3 MNOK38.0 MNOK
Profit before tax27.8 MNOK34.9 MNOK38.9 MNOK
Net profit20.7 MNOK26.2 MNOK29.1 MNOK
Financial expenses0.9 MNOK1.9 MNOK2.2 MNOK
Total assets292.0 MNOK316.7 MNOK421.5 MNOK
Current assets210.3 MNOK232.2 MNOK335.3 MNOK
Equity116.3 MNOK118.1 MNOK118.1 MNOK
Retained earnings115.3 MNOK117.2 MNOK117.2 MNOK
Total liabilities175.7 MNOK198.6 MNOK303.4 MNOK
Current liabilities175.7 MNOK198.6 MNOK303.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6982726.

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