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.
1988
Served areaWorldwide
HeadquartersNordurgardur 1, 101 Reykjavík – Iceland
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.
IS0000000297
LEI635400YXSJKSF3H3CB31
SectorAgricultural Products & Services
Listed Stock ExchangeOMX Iceland All-Share Index
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