OPERATING REVENUES OF ISK 42.4 BILLION
Financial Overview of 2006
" Operating revenues of ISK 42.4 billion
" Pre-tax loss ISK 12.5 million
" EBITDA ISK 4.4 billion - EBIT ISK 2.5 million
" Net loss amounted to ISK 187 million
" Total assets at October 31 ISK 64.5 billion ( 150% increase)
" Working capital from operating activities ISK 3.2 billion
" Total equity at October 31 ISK 18.6 billion - equity ratio 29.1%
" Current ratio 1.16
" Eimskip's financials statements to be published in EUR as of 1. Nov 2006
Baldur Guðnason, CEO of Eimskip, Hf. Eimskipafélag Íslands' subsidiary:
"Eimskip experienced high growth rate in 2006 and performed well. The company invested in several foreign companies and all investments supported Eimskip's vision of increasing its market share in temperature controlled logistics and strengthening its global distribution network."
