Icelandair Business Services ASRegistered
Key figures
2 565 182 €+11,4%
Revenue 2025
+4,8%
Average annual growth 2019–2025
Ratios
2025−0,7%
Profit margin
24,3%
Equity ratio
0,8×
Current ratio
−9,2%
Return on equity
2478 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 842 703 € | 59 | 235 241 € |
| Q1 2026 | 748 308 € | 60 | 224 297 € |
| Q4 2025 | 660 060 € | 57 | 231 648 € |
| Q3 2025 | 671 062 € | 57 | 224 461 € |
| Q2 2025 | 629 467 € | 57 | 211 759 € |
| Q1 2025 | 599 450 € | 52 | 207 820 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculated2025
No dividends were distributed.
History
20250 €
2024103 200 €
2023120 400 €
2022193 302 €
20210 €
2020173 048 €
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 645 659 | 506 720 | 609 320 | 691 520 | 583 981 | 367 914 | 457 856 |
| Total non-current assets | 16 985 | 460 176 | 330 889 | 195 808 | 487 160 | 450 373 | 302 769 |
| Total assets | 662 644 | 966 896 | 940 209 | 887 328 | 1 071 141 | 818 287 | 760 625 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 203 744 | 359 168 | 321 459 | 450 030 | 422 043 | 460 114 | 571 175 |
| Non-current liabilities | — | 255 655 | 129 846 | 0 | 297 702 | 156 497 | 4826 |
| Total liabilities | 203 744 | 614 823 | 451 305 | 450 030 | 719 745 | 616 611 | 576 001 |
| Share capital | 25 564 | 25 564 | 25 564 | 25 564 | 25 564 | 25 564 | 25 564 |
| Retained earnings of previous periods | 254 610 | 257 732 | 323 953 | 267 482 | 288 778 | 220 076 | 173 556 |
| Profit for the year | 176 170 | 66 221 | 136 831 | 141 696 | 34 498 | −46 520 | −17 052 |
| Reserves and other equity | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 |
| Total equity | 458 900 | 352 073 | 488 904 | 437 298 | 351 396 | 201 676 | 184 624 |
| Income statement | |||||||
| Sales revenue | 1 936 012 | 1 670 785 | 1 712 429 | 2 058 947 | 2 212 608 | 2 301 768 | 2 565 182 |
| Operating profit | 252 149 | 98 633 | 141 638 | 176 573 | 65 261 | −10 646 | −3942 |
| EBITDA | 262 388 | 239 926 | 280 244 | 325 257 | 256 636 | — | — |
| Profit before income tax | 252 914 | 94 221 | 136 831 | 173 393 | 54 098 | −29 720 | −17 052 |
| Profit for the reporting year | 176 170 | 66 221 | 136 831 | 141 696 | 34 498 | −46 520 | −17 052 |
| Labour costs | 1 267 735 | 1 315 553 | 1 234 065 | 1 495 596 | 1 728 223 | 1 913 623 | 2 152 432 |
| Depreciation of non-current assets | 10 239 | 141 293 | 138 606 | 148 684 | 191 375 | — | — |
| Other indicators | |||||||
| Employees | 50 | 47 | 44 | 45 | 50 | 50 | 54 |
| Calculated dividend | — | 173 048 | 0 | 193 302 | 120 400 | 103 200 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
Connections graph
CompanyPersonShareholderOther roleAdditional link
Annual reportsPDF, XBRL
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
Same activity — Accounting and tax consultancy