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 founded1906
Served areaIceland
Headcount308
HeadquartersÁrmúli 25, 108 Reykjavík – Iceland
Line item in (isk) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
---|---|---|---|---|
Assets | N/A | 65,206,000,000.00 | 69,727,000,000.00 | 51,181,000,000.00 |
Noncurrent Assets | N/A | 57,457,000,000.00 | 23,050,000,000.00 | 26,109,000,000.00 |
Property Plant And Equipment | N/A | 18,991,000,000.00 | 2,219,000,000.00 | 2,466,000,000.00 |
Other Noncurrent Assets | N/A | 544,000,000.00 | 675,000,000.00 | 580,000,000.00 |
Current Assets | N/A | 7,749,000,000.00 | 46,677,000,000.00 | 25,072,000,000.00 |
Inventories | N/A | 1,127,000,000.00 | 923,000,000.00 | 1,212,000,000.00 |
Current Trade Receivables | N/A | 3,147,000,000.00 | 2,234,000,000.00 | 2,045,000,000.00 |
Other Current Receivables | N/A | 834,000,000.00 | 2,259,000,000.00 | 1,048,000,000.00 |
Current Loans And Receivables | N/A | N/A | 823,000,000.00 | 1,359,000,000.00 |
Cash and cash equivalents | 217,000,000.00 | 735,000,000.00 | 3,509,000,000.00 | 3,721,000,000.00 |
Noncurrent Assets Or Disposal Groups Classified As Held For Sale | N/A | 1,906,000,000.00 | 36,929,000,000.00 | 0.00 |
Equity And Liabilities | N/A | 65,206,000,000.00 | 69,727,000,000.00 | 51,181,000,000.00 |
Equity | 36,632,000,000.00 | 37,298,000,000.00 | 31,079,000,000.00 | 35,261,000,000.00 |
Issued Capital | N/A | 8,483,000,000.00 | 7,314,000,000.00 | 4,242,000,000.00 |
Retained Earnings | N/A | 14,946,000,000.00 | 18,313,000,000.00 | 28,887,000,000.00 |
Share Premium | N/A | 13,041,000,000.00 | 3,278,000,000.00 | 495,000,000.00 |
Statutory Reserve | N/A | 154,000,000.00 | 154,000,000.00 | 1,061,000,000.00 |
Liabilities | N/A | 27,908,000,000.00 | 38,648,000,000.00 | 15,920,000,000.00 |
Noncurrent Liabilities | N/A | 20,025,000,000.00 | 7,200,000,000.00 | 7,415,000,000.00 |
Noncurrent Payables To Trade Suppliers | N/A | N/A | 0.00 | 639,000,000.00 |
Deferred Tax Liabilities | N/A | 670,000,000.00 | 604,000,000.00 | 89,000,000.00 |
Longterm Borrowings | N/A | 14,289,000,000.00 | 5,943,000,000.00 | 5,956,000,000.00 |
Current Liabilities | N/A | 7,883,000,000.00 | 31,448,000,000.00 | 8,505,000,000.00 |
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 |
Current Tax Liabilities Current | N/A | 850,000,000.00 | 894,000,000.00 | 577,000,000.00 |
Liabilities Included In Disposal Groups Classified As Held For Sale | N/A | 776,000,000.00 | 25,826,000,000.00 | 0.00 |
Other Current Liabilities | N/A | 1,540,000,000.00 | 889,000,000.00 | 960,000,000.00 |
Line item in (isk) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
---|---|---|---|
Revenue | 23,416,000,000.00 | 24,030,000,000.00 | 23,939,000,000.00 |
Other Income | 553,000,000.00 | 513,000,000.00 | 633,000,000.00 |
Profit Loss From Operating Activities | 2,144,000,000.00 | 2,260,000,000.00 | 2,945,000,000.00 |
Finance Income | 460,000,000.00 | 382,000,000.00 | 748,000,000.00 |
Finance Costs | 683,000,000.00 | 453,000,000.00 | 753,000,000.00 |
Profit Loss Before Tax | 1,856,000,000.00 | 2,146,000,000.00 | 2,399,000,000.00 |
Income Tax Expense Continuing Operations | 397,000,000.00 | 411,000,000.00 | 337,000,000.00 |
Profit Loss From Discontinued Operations | 1,457,000,000.00 | 3,478,000,000.00 | 36,205,000,000.00 |
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.
IS0000026193
LEI254900X9GQZM6UGXYF10
SectorDiversified Telecommunication Services
Sub-IndustryIntegrated Telecommunication Services
Listed Stock ExchangeOMX Iceland All-Share Index
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