Reitir fasteignafélag
ISIN: IS0000020352 | Ticker: REITI | LEI: 967600GFEYNJK2W4G048
Country: Iceland
Iceland’s Leading Provider of Customized Real Estate for Innovative Organizations
Reitir is focused on retail, office and hospitality real estate in Iceland’s capital area, our portfolio consists of about 135 properties. Well-known properties in the portfolio include the Kringlan shopping centre, Reykjavik Hilton, the local Stock Exchange building and some well-known rows of buildings in Reykjavik's historical centre.
Reitir's employees have vast experience and knowledge of every corner of the commercial real estate market. We focus on tailoring real estate to clients needs and fostering mutually beneficial long-term business relationships with our tenants.
2008
Served areaIceland
Headcount21
HeadquartersKringlunni 4-12, 103 Reykjavík – Iceland
| Line item in (isk) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Assets | N/A | 156,491,000,000.00 | 171,124,000,000.00 | 174,880,000,000.00 |
| Noncurrent Assets | N/A | 152,824,000,000.00 | 168,393,000,000.00 | 172,951,000,000.00 |
| Property Plant And Equipment | N/A | 218,000,000.00 | 246,000,000.00 | 242,000,000.00 |
| Investment Property | N/A | 152,606,000,000.00 | 168,147,000,000.00 | 172,270,000,000.00 |
| Noncurrent Receivables | N/A | N/A | 0.00 | 439,000,000.00 |
| Current Assets | N/A | 3,667,000,000.00 | 2,731,000,000.00 | 1,929,000,000.00 |
| Current Receivables From Sale Of Properties | N/A | 352,000,000.00 | 116,000,000.00 | 0.00 |
| Cash and cash equivalents | 1,190,000,000.00 | 2,054,000,000.00 | 957,000,000.00 | 42,000,000.00 |
| Current Restricted Cash And Cash Equivalents | N/A | 34,000,000.00 | 51,000,000.00 | 829,000,000.00 |
| Equity And Liabilities | N/A | 156,491,000,000.00 | 171,124,000,000.00 | 174,880,000,000.00 |
| Equity | 47,644,000,000.00 | 52,828,000,000.00 | 58,719,000,000.00 | 56,104,000,000.00 |
| Issued Capital | N/A | 778,000,000.00 | 767,000,000.00 | 746,000,000.00 |
| Retained Earnings | N/A | 21,065,000,000.00 | 22,053,000,000.00 | 28,169,000,000.00 |
| Share Premium | N/A | 26,011,000,000.00 | 25,082,000,000.00 | 23,133,000,000.00 |
| Other Reserves | N/A | 4,974,000,000.00 | 10,817,000,000.00 | 4,056,000,000.00 |
| Liabilities | N/A | 103,663,000,000.00 | 112,405,000,000.00 | 118,776,000,000.00 |
| Noncurrent Liabilities | N/A | 97,774,000,000.00 | 105,046,000,000.00 | 108,177,000,000.00 |
| Deferred Tax Liabilities | N/A | 12,489,000,000.00 | 14,651,000,000.00 | 14,271,000,000.00 |
| Longterm Borrowings | N/A | 80,132,000,000.00 | 84,936,000,000.00 | 88,030,000,000.00 |
| Current Liabilities | N/A | 5,889,000,000.00 | 7,359,000,000.00 | 10,599,000,000.00 |
| Trade And Other Current Payables | N/A | 1,143,000,000.00 | 1,400,000,000.00 | 1,542,000,000.00 |
| Current Borrowings And Current Portion Of Noncurrent Borrowings | N/A | N/A | 5,959,000,000.00 | 9,057,000,000.00 |
| Line item in (isk) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|
| Profit Loss From Operating Activities | 8,992,000,000.00 | 16,487,000,000.00 | 10,969,000,000.00 |
| Finance Income | 153,000,000.00 | 38,000,000.00 | 84,000,000.00 |
| Finance Costs | 6,326,000,000.00 | 6,786,000,000.00 | 10,761,000,000.00 |
| Profit Loss Before Tax | 2,819,000,000.00 | 9,739,000,000.00 | 292,000,000.00 |
| Income Tax Expense Continuing Operations | 872,000,000.00 | 2,156,000,000.00 | -381,000,000.00 |
| Profit (loss) | 1,947,000,000.00 | 7,583,000,000.00 | 673,000,000.00 |
| Line item in (isk) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Profit (loss) | N/A | 1,947,000,000.00 | 7,583,000,000.00 | 673,000,000.00 |
| Adjustments For Income Tax Expense | N/A | 872,000,000.00 | 2,156,000,000.00 | -381,000,000.00 |
| Adjustments For Depreciation And Amortisation Expense | N/A | 7,000,000.00 | 7,000,000.00 | 7,000,000.00 |
| Interest Paid Classified As Operating Activities | N/A | 3,137,000,000.00 | 2,809,000,000.00 | 2,915,000,000.00 |
| Interest Received Classified As Operating Activities | N/A | 149,000,000.00 | 38,000,000.00 | 79,000,000.00 |
| Cash Flows From Used In Operating Activities | N/A | 2,801,000,000.00 | 4,479,000,000.00 | 6,362,000,000.00 |
| Cash Flows From Used In Investing Activities | N/A | -1,801,000,000.00 | -6,167,000,000.00 | -2,619,000,000.00 |
| Proceeds From Issuing Shares | N/A | 5,089,000,000.00 | 0.00 | N/A |
| Payments To Acquire Or Redeem Entitys Shares | N/A | 766,000,000.00 | 940,000,000.00 | 1,970,000,000.00 |
| Dividends Paid Classified As Financing Activities | N/A | 1,090,000,000.00 | 778,000,000.00 | 1,320,000,000.00 |
| Cash Flows From Used In Financing Activities | N/A | -140,000,000.00 | 593,000,000.00 | -4,660,000,000.00 |
| Increase (decrease) in cash and cash equivalents before effect of exchange rate changes | N/A | 860,000,000.00 | -1,095,000,000.00 | -917,000,000.00 |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | 4,000,000.00 | -2,000,000.00 | 2,000,000.00 |
| Cash and cash equivalents | 1,190,000,000.00 | 2,054,000,000.00 | 957,000,000.00 | 42,000,000.00 |
Please note that some sums might not add up.
IS0000020352
LEI967600GFEYNJK2W4G048
SectorReal Estate Management & Development
IndustryReal Estate Management & Development
Sub-IndustryOMX Iceland All-Share Index
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