Icelandair Group hf (ICEAIR) — Tangible Net Worth Ratio
Icelandair Group hf (ICEAIR) has a Tangible Net Worth Ratio of 100.0% as of June 2025. This metric is calculated by deducting intangible assets (Ikr0.00) from net assets (Ikr283.28 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See shareholders equity of Icelandair Group hf for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Icelandair Group hf Tangible Net Worth Ratio (2005–2024)
This chart shows how Icelandair Group hf's Tangible Net Worth Ratio has changed across 19 annual periods from 2005 to 2024. As of June 2025, the ratio stands at 100.0%, reflecting net assets of Ikr283.28 Million with intangible assets of Ikr0.00 ISK. Also explore how fast is Icelandair Group hf growing its equity to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Icelandair Group hf (2005–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Icelandair Group hf from 2005 to 2024, covering 19 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Icelandair Group hf market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (ISK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 87.4% | Ikr269.07 Million | Ikr33.97 Million | Ikr1.64 Billion | ▼ -1.2 pp |
| 2023 | 88.6% | Ikr288.35 Million | Ikr32.96 Million | Ikr1.53 Billion | ▲ +0.6 pp |
| 2022 | 88.0% | Ikr273.39 Million | Ikr32.78 Million | Ikr1.41 Billion | ▲ +2.9 pp |
| 2021 | 85.1% | Ikr222.38 Million | Ikr33.19 Million | Ikr1.17 Billion | ▲ +0.4 pp |
| 2020 | 84.7% | Ikr232.81 Million | Ikr35.67 Million | Ikr1.03 Billion | ▼ -7.4 pp |
| 2019 | 92.1% | Ikr482.48 Million | Ikr38.10 Million | Ikr1.68 Billion | ▼ 0.0 pp |
| 2018 | 92.1% | Ikr471.38 Million | Ikr37.17 Million | Ikr1.46 Billion | ▼ -1.2 pp |
| 2017 | 93.4% | Ikr591.53 Million | Ikr39.29 Million | Ikr1.42 Billion | ▼ -0.4 pp |
| 2016 | 93.7% | Ikr568.21 Million | Ikr35.69 Million | Ikr1.29 Billion | ▲ +1.7 pp |
| 2015 | 92.1% | Ikr456.53 Million | Ikr36.22 Million | Ikr971.98 Million | ▲ +40.3 pp |
| 2014 | 51.8% | Ikr365.05 Million | Ikr175.97 Million | Ikr849.22 Million | ▲ +3.7 pp |
| 2013 | 48.1% | Ikr346.08 Million | Ikr179.68 Million | Ikr832.88 Million | ▲ +7.8 pp |
| 2012 | 40.3% | Ikr295.93 Million | Ikr176.72 Million | Ikr762.89 Million | ▲ +7.4 pp |
| 2011 | 32.9% | Ikr32.29 Billion | Ikr21.66 Billion | Ikr89.47 Billion | ▲ +7.6 pp |
| 2010 | 25.3% | Ikr28.40 Billion | Ikr21.21 Billion | Ikr84.24 Billion | ▲ +86.9 pp |
| 2009 | -61.6% | Ikr14.61 Billion | Ikr23.60 Billion | Ikr89.10 Billion | ▼ -15.6 pp |
| 2008 | -45.9% | Ikr20.08 Billion | Ikr29.31 Billion | Ikr98.83 Billion | ▼ -38.7 pp |
| 2007 | -7.2% | Ikr25.03 Billion | Ikr26.85 Billion | Ikr66.76 Billion | ▼ -32.1 pp |
| 2005 | 24.8% | Ikr19.35 Billion | Ikr14.55 Billion | Ikr64.27 Billion | — |