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Executive Roundtable

Iceland’s Largest Companies by market capitalization, 2024

Stock Exchange

As of December 23, 2024, MAREL HF is the most valuable company in Iceland, with a market cap of $3.18 billion. Following it are ARION BANKI HF ($1.66 billion) and ÍSLANDSBANKI HF ($1.66 billion).

Which one is the most valuable in Iceland by market cap?
This list comprises the biggest companies currently in Iceland by market cap in 2024:

Iceland’s Largest Companies by market capitalization, 2024

RANKCOMPANYMARKET CAPTIAL (USD DOLLAR)
1MAREL HF.$3.18 billion
2ARION BANKI HF.$1.66 billion
3ÍSLANDSBANKI HF.$1.66 billion
4SILDARVINNSLAN HF.$1.25 billion
5BRIM HF.$1.01 billion
6ÍSFÉLAG HF.$0.900 billion
7HAGAR HF$0.809 billion
8KVIKA BANKI HF.$0.672 billion
9FESTI HF.$0.621 billion
10REITIR FASTEIGNAFÉLAG HF.$0.564 billion
11HAMPIÐJAN HF.$0.481 billion
12HEIMAR HF.$0.476 billion
13EIMSKIPAFÉLAG ÍSLANDS HF.$0.459 billion
14ICELANDAIR GROUP HF.$0.422 billion
15SJÓVÁ-ALMENNAR TRYGGINGAR HF.$0.390 billion
16ÖLGERÐIN EGILL SKALLAGRÍMSSON HF.$0.377 billion
17EIK FASTEIGNAFÉLAG HF.$0.333 billion
18VÁTRYGGINGAFÉLAG ÍSLANDS HF.$0.275 billion
19SKEL FJÁRFESTINGAFÉLAG HF.$0.256 billion
20SÍMINN HF.$0.248 billion
21KALDALÓN HF.$0.215 billion
22NOVA KLÚBBURINN HF.$0.112 billion
23ICELAND SEAFOOD INTERNATIONAL HF.$0.110 billion
24SÝN HF.$0.056 billion
25KLAPPIR GRÆNAR LAUSNIR HF.$0.027 billion
26FLY PLAY HF.$0.013 billion
27SLÁTURFÉLAGS SUÐURLANDS SVF.$0.011 billion
28SOLID CLOUDS HF$0.005 billion

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Nikolas Anderson, D.Litt.
Nikolas Anderson, D.Litt. in Public Affairs and Global Journalism, is the Associate Editor at CEOWORLD Magazine, where he combines deep financial acumen with communications expertise to deliver content that speaks to global executives. With a background in economics and public policy, Nikolas began his career as an investment analyst before moving into media as a financial commentator and strategic communications advisor. He has worked with leading asset managers, policy think tanks, and international business outlets.

At CEOWORLD, Nikolas leads editorial initiatives focused on financial leadership, corporate messaging, and economic trends. His work often explores how macroeconomic forces impact brand value and investor confidence. He holds a degree in Economics from a top U.S. university and a master's in Global Strategic Communications. He is a contributor to several financial policy journals and a frequent speaker at executive roundtables.

With a data-informed, narrative-driven approach, Nikolas curates content that helps executives understand not just what’s happening in the markets—but how to communicate and lead through it. He believes in responsible journalism and strategic messaging as twin engines of trust and influence in today’s corporate world.

Email Nikolas Anderson at nikolas@ceoworld.biz