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Síminn

ISIN: IS0000026193 | Ticker: SIMIN | LEI: 254900X9GQZM6UGXYF10
Country: Iceland

About Síminn

Company Description

Siminn hf is an Iceland-based telecommunications company engaged in offering communication services. The operating segments of the company are Mobile; Fixed voice; Internet and Network; TV; IT services; Equipment sales; and Others. It derives a majority of the revenue from the Internet and Network segment, which involves revenue from data service, including xDSL service, GPON, Internet, IP net, core network, local loop and access network. The Mobile segment involves revenue from mobile services in Iceland and abroad, whether traditional GSM service, satellite service, wholesale mobile service or other mobile services.

Year founded

1906

Served area

Iceland

Headcount

308

Headquarters

Ármúli 25, 108 Reykjavík – Iceland

Financial statements

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Line item in (isk) 01.01.2020 01.01.2021 01.01.2022 01.01.2023 01.01.2024
Assets N/A 65,206,000,000.00 69,727,000,000.00 51,181,000,000.00 N/A
Noncurrent Assets N/A 57,457,000,000.00 23,050,000,000.00 26,109,000,000.00 24,762,000,000.00
Property Plant And Equipment N/A 18,991,000,000.00 2,219,000,000.00 2,466,000,000.00 2,552,000,000.00
Other Noncurrent Assets N/A 544,000,000.00 675,000,000.00 580,000,000.00 431,000,000.00
Current Assets N/A 7,749,000,000.00 46,677,000,000.00 25,072,000,000.00 N/A
Inventories N/A 1,127,000,000.00 923,000,000.00 1,212,000,000.00 1,257,000,000.00
Current Trade Receivables N/A 3,147,000,000.00 2,234,000,000.00 2,045,000,000.00 2,279,000,000.00
Other Current Receivables N/A 834,000,000.00 2,259,000,000.00 1,048,000,000.00 966,000,000.00
Current Loans And Receivables N/A N/A 823,000,000.00 1,359,000,000.00 2,715,000,000.00
Cash and cash equivalents 217,000,000.00 735,000,000.00 3,509,000,000.00 3,721,000,000.00 N/A
Noncurrent Assets Or Disposal Groups Classified As Held For Sale N/A 1,906,000,000.00 36,929,000,000.00 0.00 N/A
Equity And Liabilities N/A 65,206,000,000.00 69,727,000,000.00 51,181,000,000.00 N/A
Equity 36,632,000,000.00 37,298,000,000.00 31,079,000,000.00 35,261,000,000.00 N/A
Issued Capital N/A 8,483,000,000.00 7,314,000,000.00 4,242,000,000.00 N/A
Retained Earnings N/A 14,946,000,000.00 18,313,000,000.00 28,887,000,000.00 N/A
Share Premium N/A 13,041,000,000.00 3,278,000,000.00 495,000,000.00 N/A
Statutory Reserve N/A 154,000,000.00 154,000,000.00 1,061,000,000.00 N/A
Liabilities N/A 27,908,000,000.00 38,648,000,000.00 15,920,000,000.00 N/A
Noncurrent Liabilities N/A 20,025,000,000.00 7,200,000,000.00 7,415,000,000.00 N/A
Noncurrent Payables To Trade Suppliers N/A N/A 0.00 639,000,000.00 N/A
Deferred Tax Liabilities N/A 670,000,000.00 604,000,000.00 89,000,000.00 N/A
Longterm Borrowings N/A 14,289,000,000.00 5,943,000,000.00 5,956,000,000.00 N/A
Current Liabilities N/A 7,883,000,000.00 31,448,000,000.00 8,505,000,000.00 N/A
Trade And Other Current Payables To Trade Suppliers N/A 2,554,000,000.00 2,141,000,000.00 4,788,000,000.00 N/A
Current Tax Liabilities Current N/A 850,000,000.00 894,000,000.00 577,000,000.00 N/A
Liabilities Included In Disposal Groups Classified As Held For Sale N/A 776,000,000.00 25,826,000,000.00 0.00 N/A
Other Current Liabilities N/A 1,540,000,000.00 889,000,000.00 960,000,000.00 N/A
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 23,416,000,000.00 24,030,000,000.00 23,939,000,000.00 25,067,000,000.00
Other Income 553,000,000.00 513,000,000.00 633,000,000.00 674,000,000.00
Profit Loss From Operating Activities 2,144,000,000.00 2,260,000,000.00 2,945,000,000.00 2,079,000,000.00
Finance Income 460,000,000.00 382,000,000.00 748,000,000.00 740,000,000.00
Finance Costs 683,000,000.00 453,000,000.00 753,000,000.00 1,102,000,000.00
Profit Loss Before Tax 1,856,000,000.00 2,146,000,000.00 2,399,000,000.00 1,687,000,000.00
Income Tax Expense Continuing Operations 397,000,000.00 411,000,000.00 337,000,000.00 341,000,000.00
Profit Loss From Discontinued Operations 1,457,000,000.00 3,478,000,000.00 36,205,000,000.00 0.00
Line item in (isk) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Adjustments For Decrease Increase In Inventories N/A 460,000,000.00 130,000,000.00 -258,000,000.00
Adjustments For Depreciation And Amortisation Expense N/A 3,862,000,000.00 3,242,000,000.00 3,204,000,000.00
Cash Flows From Used In Operations N/A 6,465,000,000.00 4,402,000,000.00 8,134,000,000.00
Interest Paid Classified As Operating Activities N/A 734,000,000.00 454,000,000.00 637,000,000.00
Interest Received Classified As Operating Activities N/A 471,000,000.00 377,000,000.00 625,000,000.00
Cash Flows From Used In Operating Activities N/A 5,575,000,000.00 3,760,000,000.00 7,240,000,000.00
Cash Flows From Losing Control Of Subsidiaries Or Other Businesses Classified As Investing Activities N/A 0.00 3,193,000,000.00 31,637,000,000.00
Other Cash Receipts From Sales Of Equity Or Debt Instruments Of Other Entities Classified As Investing Activities N/A N/A 0.00 152,000,000.00
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities N/A 3,000,000.00 7,694,000,000.00 27,000,000.00
Purchase Of Property Plant And Equipment Classified As Investing Activities N/A 1,638,000,000.00 556,000,000.00 953,000,000.00
Purchase Of Intangible Assets Classified As Investing Activities N/A 1,764,000,000.00 1,952,000,000.00 3,426,000,000.00
Cash Advances And Loans Made To Other Parties Classified As Investing Activities N/A N/A 894,000,000.00 576,000,000.00
Cash Flows From Used In Investing Activities N/A -2,161,000,000.00 19,031,000,000.00 26,861,000,000.00
Payments To Acquire Or Redeem Entitys Shares N/A 1,751,000,000.00 2,965,000,000.00 3,043,000,000.00
Payments Of Lease Liabilities Classified As Financing Activities N/A 334,000,000.00 174,000,000.00 216,000,000.00
Dividends Paid Classified As Financing Activities N/A 500,000,000.00 500,000,000.00 500,000,000.00
Cash Flows From Used In Financing Activities N/A -2,877,000,000.00 -20,018,000,000.00 -33,889,000,000.00
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes N/A 537,000,000.00 2,773,000,000.00 212,000,000.00
Effect Of Exchange Rate Changes On Cash And Cash Equivalents N/A -19,000,000.00 1,000,000.00 0.00
Cash and cash equivalents 217,000,000.00 735,000,000.00 3,509,000,000.00 3,721,000,000.00

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

IS0000026193

LEI

254900X9GQZM6UGXYF10

Sector

Communication Services

Industry Group

Telecommunication Services

Industry

Diversified Telecommunication Services

Sub-Industry

Integrated Telecommunication Services

Listed Stock Exchange

Nasdaq Iceland

Stock Index

OMX Iceland All-Share Index

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