Icelandic Salmon AS

Oslo Stock Exchange ISLAX.OL

Icelandic Salmon AS Interest Coverage Ratio for the year ending December 31, 2023: 3.86

Icelandic Salmon AS Interest Coverage Ratio is 3.86 for the year ending December 31, 2023, a -78.75% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Icelandic Salmon AS Interest Coverage Ratio for the year ending December 31, 2022 was 18.15, a 682.32% change year over year.
Icelandic Salmon AS Interest Coverage Ratio for the year ending December 31, 2021 was 2.32, a 440.12% change year over year.
Icelandic Salmon AS Interest Coverage Ratio for the year ending December 31, 2020 was 0.43, a -75.03% change year over year.
Icelandic Salmon AS Interest Coverage Ratio for the year ending December 31, 2019 was 1.72, a 152.48% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

Oslo Stock Exchange: ISLAX.OL

Icelandic Salmon AS

CEO	Mr. Bjorn Hembre
IPO Date	Oct. 27, 2020
Location	Norway
Headquarters	Industriveien 51
Employees	179
Sector	Consumers Staples
Industries Alcoholic Beverages Beer Breweries Cleaning Supplies Dairy & Milk Frozen Foods Non-Alcoholic Beverages Plastics

Description

Icelandic Salmon AS engages in processing, production, and sale of seafood and seafood-based products. The company is involved in the salmon farming activities. It distributes its products worldwide. The company was formerly known as Arnarlax AS and changed its name to Icelandic Salmon AS in October 2020. Icelandic Salmon AS was founded in 2009 and is headquartered in Kverva, Norway. Icelandic Salmon AS is a subsidiary of SalMar ASA.

Key trends

Past 5 years