🧪 Experiment · Hagar hf. annual reports

How has Hagar been doing?

Hagar hf. year by year

Kibba: Baa! Here are key figures from Hagar's annual reports from 2013/14 to 2025/26. Drag the slider to see how the business behind Bónus, Hagkaup and their sister companies has changed.

2023/24

Key figures 2023/24

The fiscal year ended 29 Feb 2024

Sales
ISK 173,270m
▲ +7.0% on 2022/23
Goods sold during the year
Gross profit
ISK 35,989m
▲ +16.1% on 2022/23
Sales less the cost of the goods sold
EBITDA
ISK 13,063m
▲ +8.5% on 2022/23
Operating profit before depreciation
Operating profit
ISK 8,035m
▲ +5.9% on 2022/23
EBIT: profit before finance items and tax
Profit for the year
ISK 5,044m
▲ +1.9% on 2022/23
After finance items and tax
Dividends paid
ISK 2,475m
▲ +9.3% on 2022/23
Dividends paid to shareholders during the year
Total assets
ISK 77,214m
▲ +7.2% on 2022/23
At the end of the fiscal year
Equity
ISK 28,188m
▲ +0.9% on 2022/23
At the end of the fiscal year
Equity ratio
36.5%
▼ −2.3 pp on 2022/23
Equity as a share of total assets
Net interest-bearing debt
ISK 27,517m
▲ +28.9% on 2022/23
Interest-bearing debt less cash, as Hagar reports it
Full-time equivalents
1,501
▲ +3.2% on 2022/23
Average full-time positions during the year

📄 Source: Hagar annual report 2023/24 ↗

Amounts are millions of ISK as shown in the annual reports, not adjusted for inflation. Hagar's fiscal year starts on 1 March and ends at the end of February. Olís and DGV joined on 1 December 2018 and SMS in the Faroe Islands late in 2024/25. From 2019/20 the lease standard IFRS 16 applies, which raises EBITDA. Net interest-bearing debt comes from the annual results announcements and includes lease liabilities from 2020/21.

"—" means the figure could not be verified in the source. No figures are estimated. This is an experiment and not investment advice.