Skagi hf. (ICE:SKAGI)

Skagi Balance Sheet

Financials in millions ISK. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Investments in Debt Securities	39,762	37,456	32,407	32,640	16,177	-
Investments in Equity & Preferred Securities	12,757	16,229	16,622	12,684	14,477	-
Other Investments	2,268	2,104	2,512	2,524	11,200	-
Total Investments	65,729	67,625	59,421	49,521	41,854	44,679
Cash & Equivalents	2,852	1,750	2,322	2,271	2,381	1,553
Reinsurance Recoverable	920.74	960.62	1,289	1,601	1,138	1,207
Other Receivables	3,732	3,134	1,303	1,686	837.5	6,725
Separate Account Assets	786.46	882.14	1,024	1,047	1,154	1,774
Property, Plant & Equipment	1,184	1,384	700.36	913.98	962.09	1,174
Goodwill	-	3,104	3,104	2,243	474.6	474.6
Other Intangible Assets	4,490	1,455	1,630	1,241	940.23	986.11
Restricted Cash	-	-	-	-	-	119.64
Other Current Assets	4,791	4,544	7,726	5,125	412.86	369.9
Long-Term Deferred Tax Assets	145.42	196.09	461.12	191.21	-	-
Other Long-Term Assets	-0	0	-0	-0	-0	-0
Total Assets	84,631	85,035	78,980	65,840	50,154	59,063

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	3,438	155.94	975.81	785.4	549.31	176.56
Insurance & Annuity Liabilities	3,814	2,758	2,608	2,185	25,088	915.15
Unpaid Claims	28,309	27,573	27,136	24,349	-	21,136
Unearned Premiums	-	-	-	-	-	8,236
Reinsurance Payable	-	-	-	67.62	112.52	118.74
Current Portion of Leases	-	230.07	204.77	-	0.32	135.27
Short-Term Debt	2,320	1,932	1,355	2,285	-	-
Current Income Taxes Payable	-	356.63	511.03	150.59	197.99	510.8
Long-Term Debt	21,797	22,930	20,160	10,517	3,320	3,033
Long-Term Leases	1,066	896.46	186.88	636.97	663.49	607.21
Long-Term Deferred Tax Liabilities	482.61	435.67	358.11	271.63	-	64.73
Separate Account Liability	786.46	882.14	1,024	1,047	1,154	1,774
Other Long-Term Liabilities	59.92	2,901	2,190	2,372	1,744	1,903
Total Liabilities	62,073	61,051	56,709	44,668	32,830	38,610

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	1,873	1,906	1,896	1,906	1,716	1,894
Additional Paid-In Capital	2,727	3,254	3,087	3,087	-	-
Retained Earnings	17,958	18,778	17,249	16,138	8,891	18,703
Treasury Stock	-	-	-	-	-	-144.46
Comprehensive Income & Other	-0	-	-	-	6,672	-
Total Common Equity	22,558	23,938	22,232	21,131	17,279	20,453
Minority Interest	-	45.95	39.21	41	45.96	-
Shareholders' Equity	22,558	23,984	22,271	21,172	17,325	20,453
Total Liabilities & Equity	84,631	85,035	78,980	65,840	50,154	59,063

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Filing Date Shares Outstanding	1,873	1,906	1,896	1,906	1,717	1,750
Total Common Shares Outstanding	1,873	1,906	1,896	1,906	1,717	1,750
Total Debt	25,182	25,988	21,906	13,439	3,984	3,775
Net Cash (Debt)	-22,330	-24,238	-19,584	-11,169	-1,603	-2,222
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-11.79	-12.76	-10.02	-5.86	-0.93	-1.27
Book Value Per Share	12.04	12.56	11.73	11.09	10.06	11.69
Tangible Book Value	18,068	19,380	17,498	17,648	15,864	18,992
Tangible Book Value Per Share	9.65	10.17	9.23	9.26	9.24	10.85
Buildings	-	112.97	112.97	113.84	113.84	113.84
Machinery	-	1,874	1,713	1,521	1,400	1,381

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 4, 2026

Data Sources Report a data error