Hagar
ISIN: IS0000020121 | Ticker: HAGA | LEI: 635400TICHH43JJTNP54
Country: Iceland
Hagar is a leading retailer in the Icelandic market and operates 37 stores within 2 grocery retail chains as well as 2 warehouses. Furthermore Hagar operates through Olís 25 gasstations throughout the country, as well as 42 ÓB stations. Hagar's companies are all operated as individual businesses and therefore have diverse operating models and cultures. Hagar's core activities are in the grocery sector and the company owns two of the country's largest grocery retailers, Hagkaup and Bónus, as well as support service companies in the fields of purchasing and distribution. In addition, Hagar operates a specialty product division within Hagkaup and the ZARA clothing store in Smáralind.
Year founded2003
Served areaIceland
Headcount2,200
HeadquartersHoltavegur 10 - Holtagörðum, 104 Reykjavík – Iceland
| Line item in (isk) | 01.03.2021 | 01.03.2022 | 01.03.2023 |
|---|---|---|---|
| Assets | N/A | 65,192,000,000.00 | 72,007,000,000.00 |
| Noncurrent Assets | N/A | 45,064,000,000.00 | 50,502,000,000.00 |
| Property Plant And Equipment | N/A | 21,215,000,000.00 | 21,236,000,000.00 |
| Investment Property | N/A | 3,474,000,000.00 | 3,402,000,000.00 |
| Investments In Associates Accounted For Using Equity Method | N/A | 1,443,000,000.00 | 5,064,000,000.00 |
| Other Noncurrent Receivables | N/A | 58,000,000.00 | 83,000,000.00 |
| Current Assets | N/A | 17,740,000,000.00 | 21,505,000,000.00 |
| Inventories | N/A | 10,707,000,000.00 | 12,717,000,000.00 |
| Trade And Other Current Receivables | N/A | 6,250,000,000.00 | 5,919,000,000.00 |
| Cash and cash equivalents | 388,000,000.00 | 783,000,000.00 | 2,869,000,000.00 |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | N/A | 2,388,000,000.00 | 0.00 |
| Equity And Liabilities | N/A | 65,192,000,000.00 | 72,007,000,000.00 |
| Equity | 25,187,000,000.00 | 26,726,000,000.00 | 27,931,000,000.00 |
| Issued Capital | N/A | 1,139,000,000.00 | 1,119,000,000.00 |
| Retained Earnings | N/A | 18,869,000,000.00 | 19,522,000,000.00 |
| Share Premium | N/A | 1,147,000,000.00 | 0.00 |
| Statutory Reserve | N/A | 285,000,000.00 | 283,000,000.00 |
| Liabilities | N/A | 38,466,000,000.00 | 44,076,000,000.00 |
| Noncurrent Liabilities | N/A | 20,950,000,000.00 | 21,101,000,000.00 |
| Deferred Tax Liabilities | N/A | 2,312,000,000.00 | 2,216,000,000.00 |
| Longterm Borrowings | N/A | 11,720,000,000.00 | 11,829,000,000.00 |
| Current Liabilities | N/A | 17,516,000,000.00 | 22,975,000,000.00 |
| Trade And Other Current Payables | N/A | 15,099,000,000.00 | 17,638,000,000.00 |
| Other Current Borrowings And Current Portion Of Other Noncurrent Borrowings | N/A | 451,000,000.00 | 3,325,000,000.00 |
| Line item in (isk) | 01.03.2021/ 01.03.2022 |
01.03.2022/ 01.03.2023 |
|---|---|---|
| Revenue | 135,758,000,000.00 | 161,992,000,000.00 |
| Other Income | 874,000,000.00 | 1,997,000,000.00 |
| Employee Benefits Expense | 12,992,000,000.00 | 14,345,000,000.00 |
| Depreciation And Amortisation Expense | 4,241,000,000.00 | 4,453,000,000.00 |
| Other Expense By Nature | 5,805,000,000.00 | 6,598,000,000.00 |
| Profit Loss From Operating Activities | 6,277,000,000.00 | 7,588,000,000.00 |
| Profit Loss Before Tax | 4,983,000,000.00 | 6,093,000,000.00 |
| Income Tax Expense Continuing Operations | 982,000,000.00 | 1,144,000,000.00 |
| Profit (loss) | 4,001,000,000.00 | 4,949,000,000.00 |
| Line item in (isk) | 01.03.2021 | 01.03.2022 | 01.03.2023 |
|---|---|---|---|
| Profit (loss) | N/A | 4,001,000,000.00 | 4,949,000,000.00 |
| Adjustments For Income Tax Expense | N/A | 982,000,000.00 | 1,144,000,000.00 |
| Adjustments For Depreciation And Amortisation Expense | N/A | 4,241,000,000.00 | 4,453,000,000.00 |
| Adjustments For Undistributed Profits Of Associates | N/A | 209,000,000.00 | 392,000,000.00 |
| Adjustments For Losses Gains On Disposal Of Noncurrent Assets | N/A | -147,000,000.00 | -1,010,000,000.00 |
| Other Adjustments To Reconcile Profit Loss | N/A | 12,000,000.00 | 21,000,000.00 |
| Cash Flows From Used In Operations | N/A | 9,094,000,000.00 | 11,509,000,000.00 |
| Interest Paid Classified As Operating Activities | N/A | 1,146,000,000.00 | 1,499,000,000.00 |
| Interest Received Classified As Operating Activities | N/A | 32,000,000.00 | 46,000,000.00 |
| Income Taxes Paid Refund Classified As Operating Activities | N/A | 569,000,000.00 | 918,000,000.00 |
| Cash Flows From Used In Operating Activities | N/A | 7,411,000,000.00 | 9,138,000,000.00 |
| Cash Flows From Losing Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | 141,000,000.00 | 50,000,000.00 |
| Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | 0.00 | 1,275,000,000.00 |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | N/A | 132,000,000.00 | 143,000,000.00 |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | N/A | 1,780,000,000.00 | 2,301,000,000.00 |
| Purchase Of Intangible Assets Classified As Investing Activities | N/A | 368,000,000.00 | 709,000,000.00 |
| Cash Flows From Used In Investing Activities | N/A | -1,864,000,000.00 | -3,962,000,000.00 |
| Payments To Acquire Or Redeem Entitys Shares | N/A | 1,000,000,000.00 | 1,500,000,000.00 |
| Proceeds From Borrowings Classified As Financing Activities | N/A | 2,500,000,000.00 | 0.00 |
| Repayments Of Borrowings Classified As Financing Activities | N/A | 2,958,000,000.00 | 492,000,000.00 |
| Payments Of Lease Liabilities Classified As Financing Activities | N/A | 1,627,000,000.00 | 1,713,000,000.00 |
| Dividends Paid Classified As Financing Activities | N/A | 1,466,000,000.00 | 2,265,000,000.00 |
| Cash Flows From Used In Financing Activities | N/A | -5,152,000,000.00 | -3,090,000,000.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | 395,000,000.00 | 2,086,000,000.00 |
| Cash and cash equivalents | 388,000,000.00 | 783,000,000.00 | 2,869,000,000.00 |
Please note that some sums might not add up.
IS0000020121
LEI635400TICHH43JJTNP54
SectorConsumer Staples Distribution & Retail
IndustryConsumer Staples Distribution & Retail
Sub-IndustryOMX Iceland All-Share Index
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