News & announcementsIceland‘s Strongest – a hat trick for us!
Once again we got a „full house“ with all three companies receiving top marks for their strength and stability in the marketplace. This analysis is carried out annually by Creditinfo, a local credit information provider. OJ&K, Sælkeradreifing and Nýja kaffibrennslan, our coffee roaster, have all scored high in this analysis and received the coveted award of being one of Iceland‘s Strongest Companies, with only 2% of publicly and privately owned companies passing the conditions set out by Creditinfo.
More on Iceland‘s Strongest:
Creditinfo’s conditions for the company strength analysis
- Categorised by Creditinfo in risk category 1,2 or 3
- Positive EBIT for each of the past three years
- Positive operating profit for each of the past three years
- Equity ratio at least 20% for each of the past three years
- Has submitted financial statement to RSK for the past three years
- Registered CEO at the company register
- Defined as a credit active company according to Creditinfo
- Operating income of at least ISK 50 million 2017
- Total assets at least ISK 100m for 2017, 90m 2016 and 80m 2015