A model company in operation

Mímir is one of 3% Icelandic companies that meet the criteria of the Viðskiptablaðið and Keldan and is therefore considered a Model Company in Operation for 2018.

 To be included on the list, companies must have filed annual accounts and meet strict criteria. The companies must have reported a positive financial result for the 2017 financial year. Revenues must have exceeded 30 million króna, assets over 80 million, and the equity ratio must have been over 20%. In addition, other factors are taken into account, which are assessed by Viðskiptablaðið and Keldan. This time, just over 1,100 companies make the list, or around 3% of the country's companies.

See all about Model Companies in operation in special supplement of the Business Journal. The paper contains a list of the companies that stand out in Iceland and are, therefore, a model for others in their operations.