Revenue
What a company earned from its ordinary trading over the financial year — before any costs are deducted.
Revenue is a company's income from selling goods and services in the ordinary course of business. It excludes financial income such as interest or exchange gains, and other operating income that does not come from sales.
It is the most commonly used measure of a company's size and the figure rankings are built on. It should be read carefully, though: high revenue says nothing about whether a company is profitable. A wholesaler turning over tens of millions can earn less than a small consultancy.
Revenue is reported for a financial year, which for most Icelandic companies matches the calendar year but need not — a company may set a different financial year in its articles.
Revenue in figures
The ranking fills up as companies with published reports arrive.
Where this figure comes from
Read from the “Revenue” line of the income statement in the annual report.
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