Eik fasteignafélag
ISIN: IS0000020709 | Ticker: EIK | LEI: 2138005WRSDC4DI3BJ43
Country: Iceland
Eik Real Estate Company was founded in 2002 as a specialized company for the ownership and leasing of commercial real estate. Since its establishment, the company has grown with a focus on investments in the main economic centers of the capital.
Eikar's tenants are diverse and run different types of businesses. The rental spaces of the company's tenants range from 15 square meters to several thousand square meters. The company's tenants number over 400 in over 600 rental units. Because of its size and solid roots, the company enjoys favorable credit terms that are passed on to customers in the form of favorable lease terms. Also, the size of the company has enabled Eik tämäðinfélagi to offer its customers a wide range of housing and usage options.
2002
Served areaIceland
Headcount46
HeadquartersSóltún 26, 105 Reykjavík – Iceland
| Line item in (isk) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 | 01.01.2024 |
|---|---|---|---|---|---|
| Assets | N/A | 106,050,000,000.00 | 114,928,000,000.00 | 128,651,000,000.00 | 141,629,000,000.00 |
| Noncurrent Assets | N/A | 103,286,000,000.00 | 110,922,000,000.00 | 124,891,000,000.00 | 139,947,000,000.00 |
| Property Plant And Equipment | N/A | 3,789,000,000.00 | 4,183,000,000.00 | 4,162,000,000.00 | 5,975,000,000.00 |
| Investment Property | N/A | 98,404,000,000.00 | 105,638,000,000.00 | 119,639,000,000.00 | 132,106,000,000.00 |
| Investment Property Under Construction Or Development | N/A | 659,000,000.00 | 663,000,000.00 | 671,000,000.00 | 1,079,000,000.00 |
| Goodwill | N/A | 351,000,000.00 | 351,000,000.00 | 351,000,000.00 | 351,000,000.00 |
| Noncurrent Receivables | N/A | 83,000,000.00 | 88,000,000.00 | 68,000,000.00 | 436,000,000.00 |
| Current Assets | N/A | 2,764,000,000.00 | 4,005,000,000.00 | 3,760,000,000.00 | 1,682,000,000.00 |
| Trade And Other Current Receivables | N/A | 842,000,000.00 | 708,000,000.00 | 774,000,000.00 | 698,000,000.00 |
| Cash and cash equivalents | 1,837,000,000.00 | 1,922,000,000.00 | 3,297,000,000.00 | 2,986,000,000.00 | 984,000,000.00 |
| Equity And Liabilities | N/A | 106,050,000,000.00 | 114,928,000,000.00 | 128,651,000,000.00 | 141,629,000,000.00 |
| Equity | N/A | 33,200,000,000.00 | 37,483,000,000.00 | 43,744,000,000.00 | 49,023,000,000.00 |
| Issued Capital | N/A | 3,415,000,000.00 | 3,415,000,000.00 | 3,415,000,000.00 | 3,415,000,000.00 |
| Retained Earnings | N/A | 10,255,000,000.00 | 12,951,000,000.00 | 15,692,000,000.00 | 30,691,000,000.00 |
| Share Premium | N/A | 12,648,000,000.00 | 12,648,000,000.00 | 12,648,000,000.00 | 12,648,000,000.00 |
| Other Reserves | N/A | 6,016,000,000.00 | 7,603,000,000.00 | 11,122,000,000.00 | 0.00 |
| Statutory Reserve | N/A | 866,000,000.00 | 866,000,000.00 | 866,000,000.00 | 854,000,000.00 |
| Liabilities | N/A | 72,850,000,000.00 | 77,444,000,000.00 | 84,907,000,000.00 | 92,606,000,000.00 |
| Noncurrent Liabilities | N/A | 70,232,000,000.00 | 71,095,000,000.00 | 77,455,000,000.00 | 82,428,000,000.00 |
| Deferred Tax Liabilities | N/A | 7,445,000,000.00 | 8,680,000,000.00 | 10,683,000,000.00 | 12,503,000,000.00 |
| Other Noncurrent Financial Liabilities | N/A | 60,500,000,000.00 | 60,061,000,000.00 | 64,292,000,000.00 | 67,176,000,000.00 |
| Current Liabilities | N/A | 2,618,000,000.00 | 6,349,000,000.00 | 7,452,000,000.00 | 10,178,000,000.00 |
| Trade And Other Current Payables | N/A | 1,116,000,000.00 | 1,596,000,000.00 | 1,472,000,000.00 | 1,788,000,000.00 |
| Other Current Financial Liabilities | N/A | 1,501,000,000.00 | 4,753,000,000.00 | 5,980,000,000.00 | 8,390,000,000.00 |
| Line item in (isk) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
01.01.2023/ 01.01.2024 |
|---|---|---|---|---|
| Revenue | 8,345,000,000.00 | 8,668,000,000.00 | 10,078,000,000.00 | 11,224,000,000.00 |
| Other Income | 783,000,000.00 | 956,000,000.00 | 1,516,000,000.00 | 1,710,000,000.00 |
| Depreciation And Amortisation Expense | -304,000,000.00 | 135,000,000.00 | 138,000,000.00 | 50,000,000.00 |
| Profit Loss From Operating Activities | 5,480,000,000.00 | 10,813,000,000.00 | 17,264,000,000.00 | 14,938,000,000.00 |
| Finance Income | 36,000,000.00 | 33,000,000.00 | 50,000,000.00 | 120,000,000.00 |
| Finance Costs | 4,439,000,000.00 | 4,678,000,000.00 | 7,309,000,000.00 | 7,740,000,000.00 |
| Profit Loss Before Tax | 1,076,000,000.00 | 6,168,000,000.00 | 10,004,000,000.00 | 7,318,000,000.00 |
| Income Tax Expense Continuing Operations | 230,000,000.00 | 1,234,000,000.00 | 2,004,000,000.00 | 1,465,000,000.00 |
| Profit Loss From Continuing Operations | 846,000,000.00 | 4,933,000,000.00 | 8,001,000,000.00 | 5,853,000,000.00 |
| Profit (loss) | 693,000,000.00 | 4,933,000,000.00 | 8,001,000,000.00 | 7,279,000,000.00 |
| Line item in (isk) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 | 01.01.2024 |
|---|---|---|---|---|---|
| Profit (loss) | N/A | 693,000,000.00 | 4,933,000,000.00 | 8,001,000,000.00 | 7,279,000,000.00 |
| Adjustments For Fair Value Gains Losses | N/A | -594,000,000.00 | -5,215,000,000.00 | -10,431,000,000.00 | -7,513,000,000.00 |
| Adjustments For Losses Gains On Disposal Of Noncurrent Assets | N/A | -152,000,000.00 | -88,000,000.00 | -362,000,000.00 | 0.00 |
| Other Adjustments To Reconcile Profit Loss | N/A | N/A | N/A | 137,000,000.00 | 50,000,000.00 |
| Cash Flows From Used In Operations | N/A | 4,836,000,000.00 | 5,763,000,000.00 | 6,512,000,000.00 | 7,234,000,000.00 |
| Interest Paid Classified As Operating Activities | N/A | 3,014,000,000.00 | 2,304,000,000.00 | 2,497,000,000.00 | 3,271,000,000.00 |
| Interest Received Classified As Operating Activities | N/A | 36,000,000.00 | 33,000,000.00 | 50,000,000.00 | 120,000,000.00 |
| Cash Flows From Used In Operating Activities | N/A | 1,858,000,000.00 | 3,492,000,000.00 | 4,066,000,000.00 | 4,083,000,000.00 |
| Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | N/A | N/A | 0.00 | 487,000,000.00 |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | N/A | 5,000,000.00 | 3,000,000.00 | 6,000,000.00 | 0.00 |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | N/A | 106,000,000.00 | 533,000,000.00 | 123,000,000.00 | 80,000,000.00 |
| Purchase Of Other Longterm Assets Classified As Investing Activities | N/A | 0.00 | 3,000,000.00 | 8,000,000.00 | 10,000,000.00 |
| Cash Flows From Used In Investing Activities | N/A | -2,722,000,000.00 | -1,848,000,000.00 | -3,316,000,000.00 | -4,023,000,000.00 |
| Payments To Acquire Or Redeem Entitys Shares | N/A | 46,000,000.00 | 0.00 | N/A | N/A |
| Proceeds From Borrowings Classified As Financing Activities | N/A | 21,181,000,000.00 | 12,814,000,000.00 | 6,394,000,000.00 | 8,211,000,000.00 |
| Repayments Of Borrowings Classified As Financing Activities | N/A | 20,260,000,000.00 | 12,358,000,000.00 | 5,715,000,000.00 | 8,274,000,000.00 |
| Dividends Paid Classified As Financing Activities | N/A | 0.00 | 650,000,000.00 | 1,740,000,000.00 | 2,000,000,000.00 |
| Other Inflows Outflows Of Cash Classified As Financing Activities | N/A | 75,000,000.00 | -75,000,000.00 | 0.00 | N/A |
| Cash Flows From Used In Financing Activities | N/A | 950,000,000.00 | -270,000,000.00 | -1,061,000,000.00 | -2,063,000,000.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | 85,000,000.00 | 1,375,000,000.00 | -311,000,000.00 | -2,003,000,000.00 |
| Cash and cash equivalents | 1,837,000,000.00 | 1,922,000,000.00 | 3,297,000,000.00 | 2,986,000,000.00 | 984,000,000.00 |
Please note that some sums might not add up.
IS0000020709
LEI2138005WRSDC4DI3BJ43
SectorReal Estate Management & Development
IndustryReal Estate Management & Development
Sub-IndustryReal Estate Operating Companies
Listed Stock ExchangeOMX Iceland All-Share Index
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