Brim Seafood Logo

Brim Seafood

ISIN: IS0000000297 | Ticker: BRIM | LEI: 635400YXSJKSF3H3CB31
Country: Iceland

About Brim Seafood

Company Description

The story of Brim Seafood is the story of expertise, innovation and responsible fishing. We are one of the biggest fishing companies in Iceland. But size isn’t our main focus. Our focus has always been our products, the community and the environment. We emphasize corporate social responsibility and respect for the Icelandic marine resources. You can find that sense of responsibility in every corner of Brim Seafood.

We’re certified by IFS, FEMAS, IFFO and HACCP – that is a testimony to our commitment to produce only the highest quality of fish products.

The wild caught fish and the responsible and traceable fishery is the core of Brim – we are proud to be MSC-certified.

Year founded

1988

Served area

Worldwide

Headquarters

Nordurgardur 1, 101 Reykjavík – Iceland

Financial statements

Download as Excel
Line item in (eur) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Assets N/A 764,988,000.00 795,906,000.00 942,887,000.00
Noncurrent Assets N/A 647,862,000.00 627,546,000.00 664,340,000.00
Other Property Plant And Equipment N/A 188,475,000.00 181,496,000.00 199,008,000.00
Investment Accounted For Using Equity Method N/A 36,322,000.00 45,437,000.00 47,363,000.00
Noncurrent Receivables Due From Related Parties N/A 91,883,000.00 75,347,000.00 24,980,000.00
Noncurrent Investments Other Than Investments Accounted For Using Equity Method N/A 1,493,000.00 1,536,000.00 1,478,000.00
Current Assets N/A 117,126,000.00 168,360,000.00 278,547,000.00
Inventories N/A 56,898,000.00 50,313,000.00 74,854,000.00
Trade And Other Current Receivables N/A 28,059,000.00 28,270,000.00 34,074,000.00
Trade And Other Current Receivables Due From Related Parties N/A 10,573,000.00 12,888,000.00 7,644,000.00
Cash and cash equivalents 53,497,000.00 21,596,000.00 76,889,000.00 161,975,000.00
Equity And Liabilities N/A 764,988,000.00 795,906,000.00 942,887,000.00
Equity 317,364,000.00 337,470,000.00 398,406,000.00 452,275,000.00
Issued Capital N/A 20,052,000.00 20,052,000.00 20,083,000.00
Retained Earnings N/A 208,850,000.00 256,026,000.00 313,231,000.00
Liabilities N/A 427,518,000.00 397,500,000.00 490,612,000.00
Noncurrent Liabilities N/A 325,852,000.00 334,733,000.00 214,498,000.00
Deferred Tax Liabilities N/A 69,383,000.00 76,165,000.00 77,721,000.00
Longterm Borrowings N/A 256,469,000.00 258,568,000.00 136,777,000.00
Current Liabilities N/A 101,666,000.00 62,767,000.00 276,114,000.00
Trade And Other Current Payables To Related Parties N/A 5,973,000.00 2,775,000.00 2,439,000.00
Current Tax Liabilities Current N/A 10,605,000.00 12,335,000.00 17,910,000.00
Line item in (eur) 01.01.2020/
01.01.2021
01.01.2021/
01.01.2022
01.01.2022/
01.01.2023
Revenue 292,438,000.00 387,931,000.00 450,928,000.00
Other Income 0.00 20,891,000.00 0.00
Profit Loss From Operating Activities 42,369,000.00 97,517,000.00 101,302,000.00
Finance Income 1,967,000.00 3,962,000.00 3,065,000.00
Finance Costs 7,611,000.00 7,575,000.00 8,847,000.00
Profit Loss Before Tax 36,409,000.00 94,689,000.00 99,126,000.00
Income Tax Expense Continuing Operations 7,516,000.00 19,487,000.00 19,830,000.00
Profit Loss From Continuing Operations 28,893,000.00 75,202,000.00 N/A
Profit Loss From Discontinued Operations 472,000.00 0.00 N/A
Profit (loss) 29,365,000.00 75,202,000.00 79,296,000.00
Line item in (eur) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Profit (loss) N/A 29,365,000.00 75,202,000.00 79,296,000.00
Adjustments For Depreciation And Amortisation Expense N/A 15,046,000.00 16,574,000.00 16,470,000.00
Adjustments For Sharebased Payments N/A N/A 0.00 2,286,000.00
Adjustments For Losses Gains On Disposal Of Noncurrent Assets N/A 0.00 -17,813,000.00 0.00
Interest Paid Classified As Operating Activities N/A 7,610,000.00 7,528,000.00 8,592,000.00
Interest Received Classified As Operating Activities N/A 951,000.00 3,954,000.00 3,062,000.00
Cash Flows From Used In Operating Activities N/A 43,149,000.00 82,538,000.00 79,004,000.00
Cash Flows From Losing Control Of Subsidiaries Or Other Businesses Classified As Investing Activities N/A 138,000.00 0.00 N/A
Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities N/A 17,286,000.00 0.00 7,205,000.00
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities N/A 1,840,000.00 5,328,000.00 161,000.00
Proceeds From Sales Of Intangible Assets Classified As Investing Activities N/A 0.00 22,462,000.00 0.00
Purchase Of Intangible Assets Classified As Investing Activities N/A 0.00 61,000.00 466,000.00
Cash Flows From Used In Investing Activities N/A -83,048,000.00 24,534,000.00 33,392,000.00
Dividends Paid Classified As Financing Activities N/A 11,921,000.00 15,534,000.00 29,276,000.00
Cash Flows From Used In Financing Activities N/A 7,998,000.00 -51,779,000.00 -27,310,000.00
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes N/A -31,901,000.00 55,293,000.00 85,086,000.00
Cash and cash equivalents 53,497,000.00 21,596,000.00 76,889,000.00 161,975,000.00

Please note that some sums might not add up.

Filings & Publications

2022

Report
Q1
H1
Q3
FY
Consolidated Report
ICE
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

2021

Report
Q1
H1
Q3
FY
Consolidated Report
ICE
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

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Capital markets information

ISIN

IS0000000297

LEI

635400YXSJKSF3H3CB31

Sector

Consumer Staples

Industry Group

Food, Beverage & Tobacco

Industry

Food Products

Sub-Industry

Agricultural Products & Services

Listed Stock Exchange

Nasdaq Iceland

Stock Index

OMX Iceland All-Share Index

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