Icelandair Group hf (ICEAIR) — Net Asset Quality Index
Icelandair Group hf (ICEAIR) has a Net Asset Quality Index of 13.8% as of June 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Ikr2.06 Billion minus total liabilities of Ikr1.77 Billion yields net assets of Ikr283.28 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read ICEAIR total debt and obligations for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Icelandair Group hf Net Asset Quality Index Over Time (2005–2024)
This chart shows how Icelandair Group hf's Net Asset Quality Index has evolved across 19 annual periods from 2005 to 2024. As of June 2025, the index stands at 13.8%, representing net assets of Ikr283.28 Million against total assets of Ikr2.06 Billion ISK. For live market cap and overall valuation, see market cap of Icelandair Group hf.
Annual Net Asset Quality Index for Icelandair Group hf (2005–2024)
The table below presents the year-by-year Net Asset Quality Index for Icelandair Group hf from 2005 to 2024, covering 19 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check Icelandair Group hf strategic capital allocation to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (ISK) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 16.4% | Ikr269.07 Million | Ikr1.64 Billion | Ikr1.37 Billion | ▼ -2.4 pp |
| 2023 | 18.9% | Ikr288.35 Million | Ikr1.53 Billion | Ikr1.24 Billion | ▼ -0.5 pp |
| 2022 | 19.4% | Ikr273.39 Million | Ikr1.41 Billion | Ikr1.14 Billion | ▲ +0.4 pp |
| 2021 | 19.0% | Ikr222.38 Million | Ikr1.17 Billion | Ikr949.17 Million | ▼ -3.5 pp |
| 2020 | 22.5% | Ikr232.81 Million | Ikr1.03 Billion | Ikr801.43 Million | ▼ -6.3 pp |
| 2019 | 28.8% | Ikr482.48 Million | Ikr1.68 Billion | Ikr1.19 Billion | ▼ -3.4 pp |
| 2018 | 32.2% | Ikr471.38 Million | Ikr1.46 Billion | Ikr992.74 Million | ▼ -9.6 pp |
| 2017 | 41.8% | Ikr591.53 Million | Ikr1.42 Billion | Ikr823.55 Million | ▼ -2.2 pp |
| 2016 | 44.0% | Ikr568.21 Million | Ikr1.29 Billion | Ikr724.28 Million | ▼ -3.0 pp |
| 2015 | 47.0% | Ikr456.53 Million | Ikr971.98 Million | Ikr515.45 Million | ▲ +4.0 pp |
| 2014 | 43.0% | Ikr365.05 Million | Ikr849.22 Million | Ikr484.17 Million | ▲ +1.4 pp |
| 2013 | 41.6% | Ikr346.08 Million | Ikr832.88 Million | Ikr486.79 Million | ▲ +2.8 pp |
| 2012 | 38.8% | Ikr295.93 Million | Ikr762.89 Million | Ikr466.96 Million | ▲ +2.7 pp |
| 2011 | 36.1% | Ikr32.29 Billion | Ikr89.47 Billion | Ikr57.17 Billion | ▲ +2.4 pp |
| 2010 | 33.7% | Ikr28.40 Billion | Ikr84.24 Billion | Ikr55.84 Billion | ▲ +17.3 pp |
| 2009 | 16.4% | Ikr14.61 Billion | Ikr89.10 Billion | Ikr74.50 Billion | ▼ -3.9 pp |
| 2008 | 20.3% | Ikr20.08 Billion | Ikr98.83 Billion | Ikr78.75 Billion | ▼ -17.2 pp |
| 2007 | 37.5% | Ikr25.03 Billion | Ikr66.76 Billion | Ikr41.73 Billion | ▲ +7.4 pp |
| 2005 | 30.1% | Ikr19.35 Billion | Ikr64.27 Billion | Ikr44.92 Billion | — |