Eimskipafélag Íslands hf

ESEF

Annual consolidated revenue for 2024: about EUR 847.1M, using the latest reported figures. The previous period, 2023, was about EUR 817.9M.

Watchlist

Latest fiscal year

Revenue

847 million EUR

2024 · EUR

Exact inputs and evidence

Operating margin

4.12%

2024 · %

Exact inputs and evidence
  • Operating Income: 34888000 EUR Source
  • Revenue: 847111000 EUR Source

Operating cash flow

63.5 million EUR

2024 · EUR

Exact inputs and evidence
  • Operating Cash Flow: 63517000 EUR Source

Free cash flow

39.1 million EUR

2024 · EUR

Exact inputs and evidence
  • Operating Cash Flow: 63517000 EUR Source
  • Capital Expenditure: 24416000 EUR Source
Cash and cash equivalents
28.7 million EUR Source
Exact value

28681000 EUR

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2025-03-06.

Financial data available through: 2024-12-31.

Coverage by financial measure
  • Revenue: 5 of 11 periods available· newest 2024-12-31
  • Operating income: 5 of 11 periods available· newest 2024-12-31
  • Net income: 5 of 11 periods available· newest 2024-12-31
  • Operating cash flow: 5 of 11 periods available· newest 2024-12-31
  • Capital expenditure: 5 of 11 periods available· newest 2024-12-31
  • Total assets: 5 of 11 periods available· newest 2024-12-31
  • Total liabilities: 5 of 11 periods available· newest 2024-12-31
  • Current assets: 5 of 11 periods available· newest 2024-12-31
  • Current liabilities: 5 of 11 periods available· newest 2024-12-31
  • Cash and cash equivalents: 5 of 11 periods available· newest 2024-12-31
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +3.6%

    Prior period

    EUR 817.92 million

    –

    Current period

    EUR 847.11 million

    –

    Exact inputs and evidence

    847111000 − 817916000 = 29195000 EUR

    817916000 EUR · 2023-01-01 – 2023-12-31

    Inspect prior input Prior source

    847111000 EUR · 2024-01-01 – 2024-12-31

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  • Net income

    -44.9%

    Prior period

    EUR 54.12 million

    –

    Current period

    EUR 29.82 million

    –

    Exact inputs and evidence

    29821000 − 54122000 = -24301000 EUR

    54122000 EUR · 2023-01-01 – 2023-12-31

    Inspect prior input Prior source

    29821000 EUR · 2024-01-01 – 2024-12-31

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  • Operating cash flow

    -35.1%

    Prior period

    EUR 97.9 million

    –

    Current period

    EUR 63.52 million

    –

    Exact inputs and evidence

    63517000 − 97897000 = -34380000 EUR

    97897000 EUR · 2023-01-01 – 2023-12-31

    Inspect prior input Prior source

    63517000 EUR · 2024-01-01 – 2024-12-31

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  • Capital expenditure

    -36.1%

    Prior period

    EUR 38.19 million

    –

    Current period

    EUR 24.42 million

    –

    Exact inputs and evidence

    24416000 − 38191000 = -13775000 EUR

    38191000 EUR · 2023-01-01 – 2023-12-31

    Inspect prior input Prior source

    24416000 EUR · 2024-01-01 – 2024-12-31

    Inspect current input Current source
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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2024 2024-01-01 – 2024-12-31

  • Revenue EUR 847.11 million 100% of revenue
  • Operating costs Derived EUR 812.22 million 96% of revenue
  • Operating income EUR 34.89 million 4.1% of revenue
  • Tax, interest and other Derived EUR 5.07 million 0.6% of revenue
  • Net income EUR 29.82 million 3.5% of revenue

Cash

  • Operating cash flow EUR 63.52 million 7.5% of revenue
  • Capital expenditure EUR 24.42 million 2.9% of revenue
  • Free cash flow Derived EUR 39.1 million 4.6% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2020 97%
  • 2021 94%
  • 2022 91%
  • 2023 93%
  • 2024 96%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2020 2020-01-01 – 2020-12-31667256000 650168000 Derived 17088000 12623000 Derived 4465000 3780000 Derived
Source
2021 2021-01-01 – 2021-12-31882717000 829668000 Derived 53049000 14747000 Derived 38302000 66588000 Derived
Source
2022 2022-01-01 – 2022-12-311070626000 969158000 Derived 101468000 18071000 Derived 83397000 121542000 Derived
Source
2023 2023-01-01 – 2023-12-31817916000 756921000 Derived 60995000 6873000 Derived 54122000 59706000 Derived
Source
2024 2024-01-01 – 2024-12-31847111000 812223000 Derived 34888000 5067000 Derived 29821000 39101000 Derived
Source

Amounts are exact, in EUR.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

EUR 847.1M 2024
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.2B867.2M578.1M289.1M0.020202021202220232024
Values and sources
Revenue values and source evidence
PeriodSeriesValue(EUR)Source evidence
2020Revenue667256000
2021Revenue882717000
2022Revenue1070626000
2023Revenue817916000
2024Revenue847111000

Revenue growth

Change in revenue from the same financial period one year earlier.

3.6% 2024
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.37%21%4%-12%-28%20202021202220232024
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2020Year over yearNo prior comparable period
2021Year over year32.3%
2022Year over year21.3%
2023Year over year-23.6%
2024Year over year3.6%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 4.1% 2024
Net margin 3.5% 2024
Free cash flow margin 4.6% 2024
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.12.3%9.2%6.1%3.1%0.0%20202021202220232024
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2020Operating margin2.6%
2021Operating margin6%
2022Operating margin9.5%
2023Operating margin7.5%
2024Operating margin4.1%
2020Net margin0.7%
2021Net margin4.3%
2022Net margin7.8%
2023Net margin6.6%
2024Net margin3.5%
2020Free cash flow margin0.6%
2021Free cash flow margin7.5%
2022Free cash flow margin11.4%
2023Free cash flow margin7.3%
2024Free cash flow margin4.6%

Operating cash flow

Cash generated by the company’s normal business operations.

EUR 63.5M 2024
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.160.3M120.2M80.2M40.1M0.020202021202220232024
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(EUR)Source evidence
2020Operating cash flow49587000
2021Operating cash flow75569000
2022Operating cash flow148455000
2023Operating cash flow97897000
2024Operating cash flow63517000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

EUR 39.1M 2024
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.131.3M98.4M65.6M32.8M0.020202021202220232024
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(EUR)Source evidence
2020Free cash flow3780000
2021Free cash flow66588000
2022Free cash flow121542000
2023Free cash flow59706000
2024Free cash flow39101000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

52.3% 2024
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.63%48%32%16%0%20202021202220232024
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2020Liabilities / assets57%
2021Liabilities / assets58.8%
2022Liabilities / assets53.6%
2023Liabilities / assets49.6%
2024Liabilities / assets52.3%

Current assets to current liabilities

Current assets divided by current liabilities.

1.07× 2024
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.65×1.24×0.83×0.41×0.00×20202021202220232024
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2020Current assets / current liabilities1.4×
2021Current assets / current liabilities1.42×
2022Current assets / current liabilities1.53×
2023Current assets / current liabilities1.39×
2024Current assets / current liabilities1.07×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2020 2020-01-01 – 2020-12-31
EUR 4.47 million
Exact value

Exact value: 4465000 EUR

2020-01-01 – 2020-12-31: 4465000 EUR Inspect Net Income Open source
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EUR 49.59 million
Exact value

Exact value: 49587000 EUR

2020-01-01 – 2020-12-31: 49587000 EUR Inspect Operating Cash Flow Open source
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EUR 45.81 million
Exact value

Exact value: 45807000 EUR

2020-01-01 – 2020-12-31: 45807000 EUR Inspect Capital Expenditure Open source
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EUR 3.78 million
Calculation and evidence

49587000 − 45807000 EUR

Exact free cash flow: 3780000 EUR

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2021 2021-01-01 – 2021-12-31
EUR 38.3 million
Exact value

Exact value: 38302000 EUR

2021-01-01 – 2021-12-31: 38302000 EUR Inspect Net Income Open source
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EUR 75.57 million
Exact value

Exact value: 75569000 EUR

2021-01-01 – 2021-12-31: 75569000 EUR Inspect Operating Cash Flow Open source
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EUR 8.98 million
Exact value

Exact value: 8981000 EUR

2021-01-01 – 2021-12-31: 8981000 EUR Inspect Capital Expenditure Open source
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EUR 66.59 million
Calculation and evidence

75569000 − 8981000 EUR

Exact free cash flow: 66588000 EUR

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2022 2022-01-01 – 2022-12-31
EUR 83.4 million
Exact value

Exact value: 83397000 EUR

2022-01-01 – 2022-12-31: 83397000 EUR Inspect Net Income Open source
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EUR 148.46 million
Exact value

Exact value: 148455000 EUR

2022-01-01 – 2022-12-31: 148455000 EUR Inspect Operating Cash Flow Open source
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EUR 26.91 million
Exact value

Exact value: 26913000 EUR

2022-01-01 – 2022-12-31: 26913000 EUR Inspect Capital Expenditure Open source
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EUR 121.54 million
Calculation and evidence

148455000 − 26913000 EUR

Exact free cash flow: 121542000 EUR

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2023 2023-01-01 – 2023-12-31
EUR 54.12 million
Exact value

Exact value: 54122000 EUR

2023-01-01 – 2023-12-31: 54122000 EUR Inspect Net Income Open source
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EUR 97.9 million
Exact value

Exact value: 97897000 EUR

2023-01-01 – 2023-12-31: 97897000 EUR Inspect Operating Cash Flow Open source
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EUR 38.19 million
Exact value

Exact value: 38191000 EUR

2023-01-01 – 2023-12-31: 38191000 EUR Inspect Capital Expenditure Open source
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EUR 59.71 million
Calculation and evidence

97897000 − 38191000 EUR

Exact free cash flow: 59706000 EUR

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2024 2024-01-01 – 2024-12-31
EUR 29.82 million
Exact value

Exact value: 29821000 EUR

2024-01-01 – 2024-12-31: 29821000 EUR Inspect Net Income Open source
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EUR 63.52 million
Exact value

Exact value: 63517000 EUR

2024-01-01 – 2024-12-31: 63517000 EUR Inspect Operating Cash Flow Open source
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EUR 24.42 million
Exact value

Exact value: 24416000 EUR

2024-01-01 – 2024-12-31: 24416000 EUR Inspect Capital Expenditure Open source
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EUR 39.1 million
Calculation and evidence

63517000 − 24416000 EUR

Exact free cash flow: 39101000 EUR

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

4 filings · 348 latest values · 348 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 549300IUR8Q7Y44KBL02, esef:549300IUR8Q7Y44KBL02

Also known as Eimskipafélag Íslands hf.