Article - 15/11/2018

Strongest in Iceland 2018

Mannvit has been recognized as one of Iceland's strongest companies 2018 and would like to extend gratitude to our customers and staff for this recognition. Of 41,000 registered companies in Iceland, only 857 fulfill the strict criteria set by Credit info. Mannvit is amongst the 2% of Icelandic companies that meet these requirements and thereby an important contributor to the future growth of the Icelandic economy.

Eligibility for the award requires the fulfilment of Creditinfo's strict quality standards, professional requirements and in-depth analysis. These include:

  • Has submitted financial statement to RSK for the fiscal years 2015-2017
  • Categorized by Creditinfo in risk category 1,2 or 3
  • Positive EBIT for the fiscal years 2015-2017
  • Equity ratio at least 20% for the fiscal years 2015-2017
  • Registered CEO at the company register
  • Defined as a credit active company according to Creditinfo
  • Operating income of at least ISK 50m 2017
  • Total assets at least ISK 100m for 2017, 90m 2016 and 80m 2015
  • Positive operating profit for the fiscal years 2015-2017