Hagar hf. financials
Hagar hf.
Country: IS Reporting currency: ISK Latest annual report: 2026-02-28
LEI:
635400TICHH43JJTNP54 Financial statements
(ISK, as reported — unscaled; 103 line items across 2 annual periods)
| Line item | 2025 | 2024 |
|---|---|---|
| Income statement | ||
| Revenue | ISK 197.04B | ISK 180.34B |
| Cost of sales | ISK 147.92B | ISK 139.24B |
| Gross profit | ISK 49.12B | ISK 41.10B |
| Other income | ISK 1.29B | ISK 936.0M |
| Employee benefits expense | ISK 22.07B | ISK 18.45B |
| Depreciation & amortisation | ISK 6.28B | ISK 5.35B |
| Operating profit (EBIT) | ISK 11.44B | ISK 10.43B |
| Net finance income / (cost) | -ISK 3.60B | -ISK 2.99B |
| Finance costs | ISK 3.94B | ISK 3.28B |
| Profit before tax | ISK 9.05B | ISK 8.42B |
| Income tax expense | ISK 1.66B | ISK 1.39B |
| Profit for the year | ISK 7.39B | ISK 7.03B |
| — attributable to owners | ISK 7.39B | ISK 7.03B |
| — attributable to NCI | ISK 4.0M | ISK 0 |
| Total comprehensive income | ISK 7.74B | ISK 10.70B |
| Per share | ||
| Basic EPS | ISK 6.75 | ISK 6.47 |
| Diluted EPS | ISK 5.94 | ISK 6.30 |
| Free cash flow / share | ISK 6.52 | ISK 6.52 |
| Cash flow statement | ||
| Cash generated from operations | ISK 17.57B | ISK 14.85B |
| Net cash from operating activities | ISK 13.04B | ISK 11.11B |
| Net cash from investing activities | -ISK 5.28B | -ISK 8.67B |
| Purchase of PP&E (capex) | ISK 4.92B | ISK 3.83B |
| Purchase of intangibles | ISK 757.0M | ISK 823.0M |
| Net cash from financing activities | -ISK 6.17B | -ISK 1.96B |
| Dividends paid | ISK 2.50B | ISK 2.52B |
| Proceeds from borrowings | ISK 694.0M | ISK 3.17B |
| Repayments of borrowings | ISK 820.0M | ISK 3.02B |
| Lease liability payments | ISK 2.25B | ISK 1.81B |
| Balance sheet | ||
| Total assets | ISK 115.25B | ISK 105.53B |
| Non-current assets | ISK 90.38B | ISK 82.37B |
| Property, plant & equipment | ISK 37.84B | ISK 35.63B |
| Right-of-use assets | ISK 19.84B | ISK 14.64B |
| Intangible assets & goodwill | ISK 16.17B | ISK 16.10B |
| Current assets | ISK 24.86B | ISK 23.16B |
| Inventories | ISK 14.39B | ISK 13.97B |
| Trade & other receivables | ISK 6.60B | ISK 6.89B |
| Cash & equivalents | ISK 3.88B | ISK 2.30B |
| Total equity | ISK 42.78B | ISK 38.49B |
| — attributable to owners | ISK 42.81B | ISK 38.52B |
| Non-controlling interests | -ISK 28.0M | -ISK 32.0M |
| Non-current liabilities | ISK 39.29B | ISK 37.46B |
| Long-term borrowings | ISK 14.35B | ISK 17.14B |
| Lease liabilities (non-current) | ISK 21.02B | ISK 15.95B |
| Current liabilities | ISK 33.18B | ISK 29.58B |
| Lease liabilities (current) | ISK 3.93B | ISK 3.63B |
| Trade & other payables | ISK 20.20B | ISK 19.67B |
| Deferred tax liabilities | ISK 3.92B | ISK 3.88B |
| Derived metrics | ||
| Free cash flow | ISK 8.12B | ISK 7.28B |
| Operating margin | 5.8% | 5.8% |
| Net margin | 3.8% | 3.9% |
| Return on equity | 17.3% | 18.3% |
| Cash conversion ratio | 1.76× | 1.58× |
| Capex coverage | 2.65× | 2.90× |
| Other reported items | ||
| Adjustments For Decrease Increase In Other Current Assets | -ISK 133.0M | ISK 122.0M |
| Adjustments For Depreciation and Amortisation Expense | ISK 6.28B | ISK 5.35B |
| Adjustments For Finance Income Cost | -ISK 3.60B | -ISK 2.99B |
| Adjustments For Gains Losses On Fair Value Adjustment Investment Property | -ISK 410.0M | ISK 1.04B |
| Adjustments For Income Tax Expense | ISK 1.66B | ISK 1.39B |
| Adjustments For Increase Decrease In Other Current Liabilities | -ISK 490.0M | ISK 118.0M |
| Adjustments For Losses Gains On Disposal of Noncurrent Assets | -ISK 48.0M | -ISK 183.0M |
| Adjustments For Undistributed Profits of Associates | ISK 1.21B | ISK 981.0M |
| Cash Flows From Used In Increase Decrease In Current Borrowings | -ISK 220.0M | ISK 2.22B |
| Cash Flows From Used In Operations Before Changes In Working Capital | ISK 18.20B | ISK 14.61B |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | ISK 0 | ISK 4.74B |
| Comprehensive Income Attributable To Noncontrolling Interests | ISK 4.0M | ISK 0 |
| Comprehensive Income Attributable To Owners of Parent | ISK 7.74B | ISK 10.70B |
| Dividends Received From Associates Classified As Investing Activities | ISK 272.0M | ISK 190.0M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -ISK 8.0M | -ISK 1.0M |
| Equity and Liabilities | ISK 115.25B | ISK 105.53B |
| Finance Income | ISK 342.0M | ISK 292.0M |
| Gains Losses On Fair Value Adjustment Investment Property | -ISK 410.0M | ISK 1.04B |
| Income Taxes Paid Refund Classified As Operating Activities | ISK 1.49B | ISK 1.10B |
| Increase Decrease In Cash and Cash Equivalents | ISK 1.58B | ISK 473.0M |
| Increase Decrease Through Acquisition of Subsidiary | ISK 39.0M | -ISK 34.0M |
| Increase Decrease Through Change In Equity of Subsidiaries | — | -ISK 32.0M |
| Increase Decrease Through Sharebased Payment Transactions | ISK 102.0M | ISK 48.0M |
| Increase Decrease Through Transfer Between Revaluation Reserve and Retained Earnings | ISK 493.0M | ISK 3.68B |
| Increase Decrease Through Transfers and Other Changes Equity | ISK 0 | — |
| Interest Paid Classified As Operating Activities | ISK 3.39B | ISK 2.92B |
| Interest Received Classified As Operating Activities | ISK 342.0M | ISK 282.0M |
| Investment Property | ISK 9.12B | ISK 9.45B |
| Investments In Associates Accounted For Using Equity Method | ISK 7.26B | ISK 6.33B |
| Issued Capital | ISK 1.09B | ISK 1.10B |
| Liabilities | ISK 72.47B | ISK 67.04B |
| Other Adjustments To Reconcile Profit Loss | ISK 117.0M | ISK 54.0M |
| Other Cash Payments To Acquire Equity Or Debt Instruments of Other Entities Classified As Investing Activities | ISK 10.0M | ISK 0 |
| Other Cash Receipts From Sales of Equity Or Debt Instruments of Other Entities Classified As Investing Activities | ISK 0 | ISK 2.0M |
| Other Comprehensive Income | ISK 347.0M | ISK 3.67B |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | -ISK 146.0M | -ISK 8.0M |
| Other Comprehensive Income Net of Tax Gains Losses On Revaluation | ISK 493.0M | ISK 3.68B |
| Other Current Borrowings and Current Portion of Other Noncurrent Borrowings | ISK 9.04B | ISK 6.28B |
| Other Expense By Nature | ISK 10.21B | ISK 8.85B |
| Other Noncurrent Liabilities | ISK 0 | ISK 496.0M |
| Other Noncurrent Receivables | ISK 156.0M | ISK 217.0M |
| Other Reserves | ISK 18.68B | ISK 13.86B |
| Payments To Acquire Or Redeem Entitys Shares | ISK 1.07B | ISK 0 |
| Proceeds From Sales of Investment Property | ISK 3.0M | ISK 204.0M |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | ISK 161.0M | ISK 366.0M |
| Purchase of Investment Property | ISK 67.0M | ISK 51.0M |
| Purchase of Treasury Shares | ISK 1.07B | — |
| Retained Earnings | ISK 23.04B | ISK 23.56B |
| Sale Or Issue of Treasury Shares | — | ISK 1.39B |
| Share of Profit Loss of Associates Accounted For Using Equity Method | ISK 1.21B | ISK 981.0M |
Methodology
Every line item above is a fact tagged in Hagar 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.