Overview
When offices in Iceland need IT help, they call Nýherji. The IT services firm offers such IT consulting, hardware (servers, desktop and laptops, power supplies), software, and IT support. It also sells printers, fax machines, and copiers. Nýherji is the Icelandic representative of Canon, Lexmark, IBM, Sony, and other major brands. Nýherji also maintains partnerships with SAP and Microsoft. The company, which includes subsidiaries AppliCon, ParX
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Read More Business Consulting, Klak, SimDex, AGR, and FOCAL Software, was created in 1992 through the merger of IBM Iceland and Skrifstofuvélar-Sund (formed in 1899).
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Read More Business Consulting, Klak, SimDex, AGR, and FOCAL Software, was created in 1992 through the merger of IBM Iceland and Skrifstofuvélar-Sund (formed in 1899).
Read Less
Arni Jon Palsson
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Computer Systems Design and Related Services
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Professional, Scientific, and Technical Services
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Computer related services, nec
Accounting, Tax Preparation, Bookkeeping, and Payroll Services
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Advertising, Public Relations, and Related Services
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Architectural, Engineering, and Related Services
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Legal Services
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Management, Scientific, and Technical Consulting Services
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Other Professional, Scientific, and Technical Services
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Scientific Research and Development Services
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Specialized Design Services
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Contacts
Get in Touch with 5 Principals*
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Arni Jon PalssonChairman of the Board
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Contact 2?
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Contact 3?
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Contact 4?
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Financial Statements
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Financial data as of ? (12 month period) in USD
Annual Revenue 2022
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USD
Actual
1 USD = 141.6029 ISK
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2022 | 2021 | 2020 |
|---|---|---|---|
| Net Operating Cash | $1 | $9 | $11 |
| Net Investing Cash | $189 | -$5 | -$4 |
| Net Financing Cash | -$174 | $0 | -$4 |
| Net Change in Cash | $16 | $4 | $2 |
| Cash at Beginning of Period | $13 | $8 | $6 |
| Cash at End of Period | $29 | $13 | $8 |
| Capital Expenditure | -$4 | -$3 | -$4 |
| Assets (mil) | 2022 | 2021 | 2020 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $7 | $13 | $8 |
| Accounts Receivable | $19 | $12 | $11 |
| Inventories | $21 | $13 | $10 |
| Other Current Assets | $21 | $1 | $1 |
| Asset Summary | |||
| Total Current Assets | $69 | $38 | $31 |
| Tangible Fixed Assets | $17 | $18 | $15 |
| Intangible Assets | $6 | $13 | $14 |
| Total Assets | $15,676 | $15,144 | $12,364 |
| Liabilities (mil) | 2022 | 2021 | 2020 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $10 | $10 | $9 |
| Short-Term Debt | $1 | $1 | $1 |
| Other Current Liabilities | $20 | $16 | $14 |
| Liability Summary | |||
| Total Current Liabilities | $31 | $27 | $24 |
| Long-Term Debt | $6 | $7 | $5 |
| Other Long-Term Liabilities | $ | $ | $ |
| Total Liabilities | $51 | $46 | $38 |
| Stakeholder's Equity (mil) | 2022 | 2021 | 2020 |
|---|---|---|---|
| Equity | |||
| Common Stock | $1 | $3 | $3 |
| Retained Earnings | $54 | $30 | $23 |
| Equity Summary | |||
| Total Equity | $59 | $60 | $49 |
| Shares Outstanding | 135,933,065 | 435,000,000 | 433,752,000 |