Vátryggingafélag Íslands hf
Skagi hf. provides various insurance products and services in Iceland. The company offers property, marine and cargo, mandatory vehicle, other vehicle, general liability, accident and health, and life and health insurance, as well as foreign reinsurance products. It also provides family and home contents, travel, animal, bicycle, mountain sports and mountain hiking, golf, musical, special risk, a… Read more
Vátryggingafélag Íslands hf (SKAGI) - Total Assets
Latest total assets as of December 2023: Ikr65.47 Billion ISK
Based on the latest financial reports, Vátryggingafélag Íslands hf (SKAGI) holds total assets worth Ikr65.47 Billion ISK as of December 2023.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Vátryggingafélag Íslands hf - Total Assets Trend (2014–2023)
This chart illustrates how Vátryggingafélag Íslands hf’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Vátryggingafélag Íslands hf - Asset Composition Analysis
Current Asset Composition (December 2023)
Vátryggingafélag Íslands hf's total assets of Ikr65.47 Billion consist of 0.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (ISK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Ikr0.00 | 3.5% |
| Accounts Receivable | Ikr0.00 | 0.0% |
| Inventory | Ikr0.00 | 0.0% |
| Property, Plant & Equipment | Ikr0.00 | 0.0% |
| Intangible Assets | Ikr1.24 Billion | 1.9% |
| Goodwill | Ikr2.24 Billion | 3.4% |
Asset Composition Trend (2014–2023)
This chart illustrates how Vátryggingafélag Íslands hf's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Vátryggingafélag Íslands hf's current assets represent 0.0% of total assets in 2023, a decrease from 83.1% in 2014.
- Cash Position: Cash and equivalents constituted 3.5% of total assets in 2023, up from 3.0% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, unchanged from 4.0% in 2014.
- Asset Diversification: The largest asset category is goodwill at 3.4% of total assets.
Vátryggingafélag Íslands hf Competitors by Total Assets
Key competitors of Vátryggingafélag Íslands hf based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
Vátryggingafélag Íslands hf - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Vátryggingafélag Íslands hf generates 0.47x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Vátryggingafélag Íslands hf generates $ 2.82 in net profit.
Vátryggingafélag Íslands hf - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.16 | 0.40 | 1.40 |
| Quick Ratio | 0.16 | 0.40 | 1.40 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Ikr-24.49 Billion | Ikr -21.55 Billion | Ikr 11.83 Billion |
Vátryggingafélag Íslands hf - Advanced Valuation Insights
This section examines the relationship between Vátryggingafélag Íslands hf's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.57 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 15.4% |
| Total Assets | Ikr65.47 Billion |
| Market Capitalization | $180.45 Million USD |
Valuation Analysis
Below Book Valuation: The market values Vátryggingafélag Íslands hf's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Vátryggingafélag Íslands hf's assets grew by 15.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Vátryggingafélag Íslands hf (2014–2023)
The table below shows the annual total assets of Vátryggingafélag Íslands hf from 2014 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | Ikr65.47 Billion | +15.42% |
| 2022-12-31 | Ikr56.72 Billion | -3.96% |
| 2021-12-31 | Ikr59.06 Billion | +7.85% |
| 2020-12-31 | Ikr54.76 Billion | +8.75% |
| 2019-12-31 | Ikr50.35 Billion | +6.79% |
| 2018-12-31 | Ikr47.15 Billion | +1.61% |
| 2017-12-31 | Ikr46.40 Billion | +0.18% |
| 2016-12-31 | Ikr46.32 Billion | +3.23% |
| 2015-12-31 | Ikr44.87 Billion | -3.14% |
| 2014-12-31 | Ikr46.33 Billion | -- |