Around 3,400 Companies Stand Strong in Iceland Skip to content

Around 3,400 Companies Stand Strong in Iceland

The first results of an appraisal undertaken by Creditinfo indicate that around 3,400 companies in Iceland are in a strong position in regard to their operations, which is approximately 11 percent of the nearly 30,000 companies registered in the country.

From the financial district in Reykjavík. Copyright: Icelandic Photo Agency.

Most of these companies, 2,400, are located in the capital region, but with the total number of companies taken into account, most companies are in a strong position in northeast Iceland, 15 percent, Morgunbladid reports.

Creditinfo’s appraisal did not include the largest banks. Companies that are not considered to be in a strong position include companies in default, companies that don’t have any operations or have gone into insolvency and are thus in Creditinfo’s loan category with the highest risk.

Rakel Sveinsdóttir at Creditinfo said the results have yet to be worked on in more detail.

Click here to read more about Creditinfo’s statistics.

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