HomeNewsPay out ISK 300 million in dividends

Pay out ISK 300 million in dividends

Operating revenues amounted to ISK 5.8 billion, representing an increase of 8.9% year-on-year.

Borgarverk reported a profit of ISK 275 million last year, compared to a profit of ISK 144 million in 2023. Operating revenues totalled ISK 5.8 billion, an increase of 8.9% from the previous year.

As of year-end, total assets amounted to just over ISK 2 billion, while equity stood at nearly ISK 4 billion. The company’s board proposes that ISK 300 million be paid out as dividends. Borgarverk is owned by Kristinn Sigvaldason, and the company’s managing director is Atli Þór Jóhannsson.

Source: Vb.is

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