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• Sales amounted to ISK 39.7 billion as compared to ISK 39.0 billion in the preceding year, increasing by 2%.
• Earnings before depreciation and financial items (EBITDA) amounted to ISK 8.7 billion as compared to ISK 9.0 billion for 2008. EBITDA margin was 22%.
• Cash from operations amounted to ISK 9.1 billion as compared to ISK 10.1 billion in 2008. After tax and interest, cash from operations came to ISK 6.9 billion.
• Loss over the period came to ISK 10.2 billion, mainly due to impairment of intangible assets, which amounted to ISK 7.3 billion, and the devaluation of the Icelandic krona.
• Exhange loss came to ISK 2.1 billion of the total of ISK 7.5 billion finance cost for the year.
• 37% of Skipti’s sales derived from international operations as compared to 32% in 2008.
• Net interest bearing debts (interest bearing debts, minus deposits) amounted to ISK 54.4 billion at the turn of the year, as compared to 51.1 billion in the preceding year.
• Skipti’s equity ratio is 21% and equity stood at ISK 25.5 billion at the end of 2009.