SKAGI HF. financials
SKAGI HF.
Country: IS Reporting currency: ISK Latest annual report: 2025-12-31
LEI:
213800QFQIHO7KG2P786 Financial statements
(ISK, as reported — unscaled; 112 line items across 2 annual periods)
| Line item | 2025 | 2024 |
|---|---|---|
| Income statement | ||
| Operating expenses | ISK 3.51B | ISK 2.97B |
| Depreciation & amortisation | ISK 196.3M | ISK 150.4M |
| Net finance income / (cost) | ISK 38.4M | ISK 1.90B |
| Profit before tax | ISK 2.44B | ISK 2.55B |
| Income tax expense | ISK 534.6M | ISK 286.8M |
| Profit for the year | ISK 1.90B | ISK 2.26B |
| — attributable to owners | ISK 1.90B | ISK 2.26B |
| — attributable to NCI | ISK 1.8M | -ISK 5.8M |
| Total comprehensive income | ISK 1.91B | ISK 2.25B |
| Per share | ||
| Basic EPS | ISK 1.00 | ISK 1.19 |
| Diluted EPS | ISK 1.00 | ISK 1.19 |
| Free cash flow / share | ISK -1.68 | ISK -3.06 |
| Cash flow statement | ||
| Cash generated from operations | -ISK 3.29B | -ISK 5.80B |
| Net cash from operating activities | -ISK 3.01B | -ISK 5.60B |
| Income taxes paid | ISK 207.0M | ISK 142.1M |
| Net cash from investing activities | -ISK 138.5M | -ISK 1.51B |
| Purchase of PP&E (capex) | ISK 178.1M | ISK 207.9M |
| Purchase of intangibles | ISK 23.0M | ISK 32.2M |
| Net cash from financing activities | ISK 2.63B | ISK 7.18B |
| Dividends paid | ISK 500.1M | ISK 984.8M |
| Lease liability payments | ISK 141.4M | ISK 232.8M |
| Net change in cash | -ISK 515.1M | ISK 65.2M |
| Balance sheet | ||
| Total assets | ISK 85.04B | ISK 78.98B |
| Property, plant & equipment | ISK 1.38B | ISK 700.4M |
| Intangible assets & goodwill | ISK 4.56B | ISK 4.73B |
| Cash & equivalents | ISK 1.75B | ISK 2.32B |
| Total equity | ISK 23.98B | ISK 22.27B |
| — attributable to owners | ISK 23.94B | ISK 22.23B |
| Non-controlling interests | ISK 46.0M | ISK 39.2M |
| Deferred tax liabilities | ISK 435.7M | ISK 358.1M |
| Derived metrics | ||
| Free cash flow | -ISK 3.19B | -ISK 5.81B |
| Return on equity | 7.9% | 10.1% |
| Cash conversion ratio | -1.58× | -2.48× |
| Capex coverage | -16.90× | -26.95× |
| Other reported items | ||
| Adjustments For Decrease Increase In Financial Assets Measured At Fair Value Through Profit Or Loss | -ISK 1.29B | ISK 1.12B |
| Adjustments For Decrease Increase In Loans and Advances To Customers | -ISK 3.96B | -ISK 6.21B |
| Adjustments For Decrease Increase In Other Operating Receivables | -ISK 1.49B | -ISK 370.4M |
| Adjustments For Depreciation and Amortisation Expense | ISK 550.8M | ISK 545.1M |
| Adjustments For Finance Income Cost | ISK 1.79B | ISK 3.27B |
| Adjustments For Gain Loss On Disposals Property Plant and Equipment | ISK 2.2M | ISK 49.6M |
| Adjustments For Gains Losses On Change In Fair Value of Derivatives | ISK 20.2M | -ISK 40.7M |
| Adjustments For Increase Decrease In Debt Instruments Issued | ISK 2.17B | -ISK 3.16B |
| Adjustments For Increase Decrease In Trade and Other Payables | ISK 54.6M | ISK 1.07B |
| Adjustments For Sharebased Payments | ISK 129.5M | ISK 52.4M |
| Adjustments For Undistributed Profits of Associates | ISK 111.0M | ISK 0 |
| Adjustments To Reconcile Profit Loss Other Than Changes In Working Capital | ISK 219.6M | -ISK 699.1M |
| Cash and Cash Equivalents In Subsidiary Or Businesses Acquired Or Disposed2013 | ISK 0 | -ISK 1.38B |
| Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities | ISK 0 | ISK 4.0M |
| Cash Flows From Used In Increase Decrease In Current Borrowings | -ISK 1.02B | ISK 6.44B |
| Comprehensive Income Attributable To Noncontrolling Interests | ISK 1.8M | -ISK 5.8M |
| Comprehensive Income Attributable To Owners of Parent | ISK 1.91B | ISK 2.26B |
| Deferred Tax Assets | ISK 196.1M | ISK 461.1M |
| Derivative Financial Assets | ISK 162.1M | ISK 118.5M |
| Derivative Financial Liabilities | ISK 255.0M | ISK 231.6M |
| Dividends Received Classified As Operating Activities | ISK 457.7M | ISK 239.0M |
| Dividends Received From Associates Classified As Investing Activities | ISK 42.7M | ISK 15.4M |
| Dividends Recognised As Distributions To Owners Per Share | ISK 264.00 | ISK 524.00 |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -ISK 56.9M | -ISK 13.9M |
| Equity and Liabilities | ISK 85.04B | ISK 78.98B |
| Fee and Commission Expense | ISK 79.0M | ISK 58.4M |
| Fee and Commission Income | ISK 2.44B | ISK 1.87B |
| Fee and Commission Income Expense | ISK 2.36B | ISK 1.82B |
| Finance Costs Paid Classified As Operating Activities | ISK 1.89B | ISK 1.64B |
| Finance Income | ISK 2.48B | ISK 3.70B |
| Gains Losses On Financial Assets Measured At Fair Value Through Other Comprehensive Income Net of Tax | -ISK 8.5M | -ISK 9.0M |
| Impairment Loss Impairment Gain and Reversal of Impairment Loss Determined In Accordance With IFRS9 | ISK 6.6M | ISK 10.8M |
| Income Expenses From Reinsurance Contracts Held Other Than Finance Income Expenses | -ISK 983.7M | -ISK 948.6M |
| Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss of Control | ISK 0 | ISK 4.0M |
| Increase Decrease Through Exercise of Options | — | ISK 277.9M |
| Increase Decrease Through Sharebased Payment Transactions | ISK 121.3M | ISK 52.4M |
| Increase Decrease Through Treasury Share Transactions | ISK 8.5M | — |
| Insurance Contracts Issued That Are Liabilities | ISK 30.33B | ISK 29.74B |
| Insurance Expense | ISK 28.01B | ISK 26.75B |
| Insurance Finance Income Expenses From Insurance Contracts Issued Recognised In Profit Or Loss | -ISK 1.63B | -ISK 1.12B |
| Insurance Revenue | ISK 31.96B | ISK 29.18B |
| Insurance Service Expenses From Insurance Contracts Issued | ISK 308.4M | ISK 285.0M |
| Insurance Service Result | ISK 2.97B | ISK 1.48B |
| Interest Expense | ISK 1.69B | ISK 1.35B |
| Interest Received Classified As Operating Activities | ISK 1.91B | ISK 1.74B |
| Interest Revenue Expense | ISK 460.7M | ISK 237.1M |
| Investment Contracts Liabilities | ISK 882.1M | ISK 1.02B |
| Investments For Risk of Policyholders | ISK 882.1M | ISK 1.02B |
| Investments In Associates Accounted For Using Equity Method | ISK 212.1M | ISK 148.9M |
| Issue of Equity | ISK 176.8M | — |
| Issued Capital | ISK 1.91B | ISK 1.90B |
| Lease Liabilities | ISK 1.13B | ISK 391.7M |
| Liabilities | ISK 61.05B | ISK 56.71B |
| Loans and Advances To Customers | ISK 11.84B | ISK 7.88B |
| Miscellaneous Other Operating Income | ISK 210.9M | ISK 241.4M |
| Other Comprehensive Income | ISK 4.4M | -ISK 9.0M |
| Other Finance Income Cost | -ISK 502.5M | -ISK 388.6M |
| Other Financial Assets | ISK 55.89B | ISK 51.89B |
| Other Financial Liabilities | ISK 20.95B | ISK 17.75B |
| Other Receivables | ISK 4.09B | ISK 2.31B |
| Other Reserves | ISK 2.74B | ISK 2.86B |
| Payments To Acquire Or Redeem Entitys Shares | ISK 0 | ISK 500.0M |
| Proceeds From Issue of Bonds Notes and Debentures | ISK 6.20B | ISK 6.66B |
| Proceeds From Issuing Shares | ISK 177.2M | ISK 0 |
| Proceeds From Sale Or Issue of Treasury Shares | ISK 0 | ISK 277.9M |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | ISK 19.9M | ISK 66.3M |
| Purchase of Interests In Associates | ISK 0 | -ISK 26.0M |
| Purchase of Treasury Shares | — | ISK 500.0M |
| Reclassification Adjustments On Financial Assets Measured At Fair Value Through Other Comprehensive Income Net of Tax | -ISK 12.9M | ISK 0 |
| Reinsurance Contracts Held That Are Assets | ISK 960.6M | ISK 1.29B |
| Repayments of Bonds Notes and Debentures | ISK 2.08B | ISK 4.48B |
| Retained Earnings | ISK 16.04B | ISK 14.38B |
| Revenue and Operating Income | ISK 6.15B | ISK 5.67B |
| Revenue From Interest | ISK 2.15B | ISK 1.58B |
| Share of Profit Loss of Associates Accounted For Using Equity Method | ISK 111.0M | ISK 0 |
| Share Premium | ISK 3.25B | ISK 3.09B |
| Subordinated Liabilities | ISK 3.91B | ISK 3.76B |
| Trade and Other Payables | ISK 3.16B | ISK 3.45B |
Methodology
Every line item above is a fact tagged in SKAGI HF.'s annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (ISK), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.