2023 EXC Mannvit Excellent
Article - 13/10/2023

Excellent in Iceland 2023

Mannvit has been recognized among the 2.8 percent of Icelandic companies that meet the strict conditions of the Icelandic business newspaper Viðskiptablaðið and the business information provider Keldan and therefore qualify as Excellent in Iceland 2023.

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

  • Recognized companies in operation must have submitted annual reports for the fiscal years 2022 and 2021, but the operating year 2020 is also used as a reference.
  • Operating income at least ISK 40 million in the operating years 2022 and 2021.
  • The company's assets must have been over ISK 80 million at the end of fiscal years 2022 and 2021.
  • Equity ratio at least 20% for the fiscal year 2022 and 2021, except in the case of the banks.
  • In addition to this, other factors are taken into account, which are evaluated by Viðskiptablaðið and Keldan.