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Iceland
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 11.2% | 54/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | – | n/a |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | – | n/a |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 7.6% | 51/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.99× | 16/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.85× | 64/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 1.95× | 59/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 1.53× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 2.05 | 24/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 13.6% | 74/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | – | n/a |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 3.2% | 99/100 |
| Operating margin volatility | 1.6% | 95/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 5.4% | 46/100 |
|---|---|---|
| EPS growth, 3-year average | 28.0% | 100/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
European data comes from annual reports in ESEF format (since 2020). Industry and ticker are not provided by this source.
Annual figures as reported. Hover a bar or point for the exact value.
1 older year available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
ISK millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 24,030 | 23,939 | 25,067 | 27,189 | 27,998 |
| Cost of revenue | 15,533 | 14,914 | 16,497 | 17,328 | 17,288 |
| Gross profit | 8,497 | 9,025 | 8,570 | 9,861 | 10,710 |
| Operating income | 2,260 | 2,945 | 2,079 | 2,875 | 3,137 |
| Interest expense | 453 | 753 | 1,102 | 1,841 | 2,045 |
| Pre-tax income | 2,146 | 2,399 | 1,687 | 1,762 | 2,076 |
| Income tax | 411 | 337 | 341 | 381 | 485 |
| Diluted EPS | ISK0.23 | ISK0.31 | ISK0.44 | ISK0.54 | ISK0.65 |
1 older year available with the 10-year history. Essential plan, from €8.25/month →
2.05 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
Not computed: it needs two consecutive complete years.
All figures: filings.xbrl.org (ESEF). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Feb 17, 2026