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Iceland
In shortHeimar Hf. is profitable, generates cash and carries moderate debt, with revenue growing (+7.7% last year).
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. | 124.3% | 100/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 55.5% | 100/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 13.5% | 67/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 8.3% | 56/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.65× | 0/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 1.82× | 10/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 6.18× | 0/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 1.92× | 4/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 1.20 | 3/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 39.2% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 0.71× | 51/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 4 | 100/100 |
| Revenue growth volatility | 2.5% | 100/100 |
| Operating margin volatility | 19.7% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 10.4% | 75/100 |
|---|---|---|
| EPS growth, 3-year average | 10.4% | 77/100 |
Weight in the score: 10%
Fiscal year 2024 · 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.
The last 5 fiscal years from the company's annual reports.
ISK millions; negative values in parentheses.
| Fiscal year | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|
| Revenue | 9,736 | 11,015 | 12,197 | 13,777 | 14,837 |
| Operating income | 7,970 | 14,758 | 14,466 | 15,806 | 18,438 |
| Interest expense | 6,468 | 7,081 | 11,082 | 11,816 | 9,624 |
| Pre-tax income | 1,572 | 7,748 | 3,701 | 4,821 | 9,983 |
| Income tax | 298 | 1,577 | 787 | 1,004 | 1,751 |
| Net income | 1,274 | 6,171 | 2,914 | 3,818 | 8,233 |
| Diluted EPS | ISK0.71 | ISK3.39 | ISK1.61 | ISK2.11 | ISK4.56 |
1.20 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.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
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, 2024 · Data updated Dec 31, 2024