Sildarvinnslan hf.

Sildarvinnslan hf.

IICE:SVN
115.00
ISK
-1.00
(-0.86%)
6.47EPS
15.25P/E
181.35BMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.13
0.1
0.09
0.12
0.17
0.2
0.17
0.17
0.2
Basic EPS, GAAP
0.02
0.02
0.02
0.05
0.04
0.04
0.02
0.03
0.04
Free Cash Flow per Basic Share
0.01
0.01
0.02
0.01
0.03
0.03
0.03
0.04
0.04
Dividend per Share
- -
0.01
0.01
- -
0.01
0.01
0.01
0.01
0.01
Book Value per Share
0.17
0.19
0.18
0.22
0.29
0.31
0.33
0.34
0.35
Tangible Book Value per Share
0.05
0.07
0.07
0.08
0.05
0.07
0.08
0.1
0.1
Basic Weighted Avg Shares
1,684
1,684
1,684
1,694
1,712
1,846
1,846
1,846
1,842
Sales/Revenue/Turnover
217
168
146
209
289
365
312
322
364
Operating Margin (%)
18.07
27.53
27.13
31.89
29.57
24.6
19.84
24.6
29.02
Depreciation Expense
10
8
8
10
13
19
19
19
18
Net Income, GAAP
28
39
31
77
70
66
42
54
83
Effective Tax Rate (%)
18.61
18.26
18.18
15.73
19.54
20.36
21.35
21.5
19.88
Profit Margin (%)
13.15
23.25
21.57
36.74
24.34
18.03
13.51
16.75
22.72
Working Capital
61
38
34
102
28
104
133
111
124
LT Debt
80
47
27
100
204
232
239
164
162
Total Equity
292
323
314
373
539
579
618
626
641
Return on Invested Capital (%)
- -
9.47
7.74
12.12
10.08
8.38
5.53
7.22
10.33
Return on Capital (%)
- -
10.21
7.81
17.81
11.41
9.42
6.54
7.42
11.12
Return on Common Equity (%)
- -
12.88
9.95
22.56
15.51
11.84
7.08
8.71
13.43

Capital Structure

EUR

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
152
32
16
LT Borrowings
48
163
161
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,846
1,846
1,846
Market Capitalization
1,127
1,231
1,265

Working Capital

EUR

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
172
176
195
Cash, Cash Equivalents & STI
58
83
66
Accounts Receivable, Net
48
37
60
Inventories
57
53
61
Total Current Liabilities
198
65
71
Payables & Accruals
- -
- -
- -
ST Debt
152
32
16
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
15.73%
1.22%
Free Cash Flow
- -
50.36%
21.47%
Net Income, GAAP
- -
24.41%
27.85%
Sales/Revenue/Turnover
- -
19.38%
3.14%
Total Cash Common Dividend
- -
892.14%
-32.67%

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
75
56
85
100
312
2025
79
65
109
78
322
2026
113
- -
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
0.01
0.01
0.02
2025
- -
- -
0.01
0.01
0.03
2026
0.02
- -
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
- -
- -
0.01
2025
0.01
- -
- -
- -
0.01
2026
0.01
- -
- -
- -
- -

Company Description

CEO
Gunnþór Björn Ingvason
Full Time Employees
630
Sector
Consumer non-durables
Industry
Food: meat/fish/dairy
Address
Hafnarbraut 6 Fjardabyggd GR Iceland 740
IPO Date
May 27, 2021
Website
svn.is
Business
Sildarvinnslan hf. (SVN.IC), founded in 1957 and headquartered in Neskaupstaður, Iceland, operates as one of the country's largest fisheries companies, specializing in the catching, processing and sale of pelagic species, whitefish and salted herring; it produces fishmeal and fish oil as Iceland's leading manufacturer in these categories, alongside fresh, frozen and value-added seafood products including salmon and catfish processing. The company manages an ultra-modern production facility in Neskaupstaður with extensive freezing and chilling storage, two fishmeal and oil factories in Neskaupstaður and Seyðisfjörður, whitefish processing plants in Grindavík and Seyðisfjörður, and a fleet comprising freezing trawlers, ice trawlers and pelagic vessels, complemented by specialized port services such as catch landing, ice production and storage. Sildarvinnslan conducts operations primarily in Iceland with sales and activities extending to Germany, Spain, Greece, the United States and Greenland, employing around 600 people and holding substantial fishing quotas equivalent to approximately 52,000 tonnes of cod. In recent developments, the company participated in a planned share capital increase at Arctic Fish Holding in August 2025 to support aquaculture expansion; it previously acquired Vísir hf. in Grindavík, integrating advanced catfish and saltfish processing capabilities as a subsidiary to enhance sales, marketing and production value amid growing fish farming opportunities. Sildarvinnslan continues to report positive earnings momentum, including a favorable outlook announced in October 2025 and solid second-quarter results for 2025, reinforcing its position in the pelagic and demersal seafood sectors.