Industry Breakdown of Companies
in Iceland

Explore more than 120,287 Iceland-based companies available in the HitHorizons database and see top industries and biggest players with highest sales and number of employees.

Current Country: Iceland 120,287 (0.3%)
Largest Country: United Kingdom 6,843,326 (14.9%)
Total Number of Companies in Europe 45,886,110

According to our database, a total of more than 120,287 businesses are registered in Iceland . That represents 0.26% of all companies available in the HitHorizons database. These Iceland-based companies have a share of 0.07% of all sales generated by EU-based businesses and employ 0.08% of all EU employees.

Iceland: TOP Industries

According to our database, the industry with the highest number of companies registered is Unknown industry (46,264 companies in total), followed by Services (30,580) and Finance, Insurance, and Real Estate (14,909).

This TOP 10 list was generated automatically using the latest data from the HitHorizons database. Search through the whole HitHorizons database using filtering criteria relevant for your search and get more data and insights on specific countries, industries, or segments with HitHorizons Screener.

Iceland: TOP Industries 120,287 registered companies

  Industry, Number of Companies Number of
Companies
Unknown industry 46,264 38.5% 46,264
Services 30,580 25.4% 30,580
Finance, Insurance, and Real Estate 14,909 12.4% 14,909
Construction 8,540 7.1% 8,540
Retail Trade 6,030 5.0% 6,030
Wholesale Trade 3,990 3.3% 3,990
Manufacturing 3,507 2.9% 3,507
Agriculture, Forestry, and Fishing 3,436 2.9% 3,436
Transportation, Communications, Electric, Gas, and Sanitary Services 2,759 2.3% 2,759
Public Sector 187 0.2% 187
Mining 85 0.1% 85

Iceland: Breakdown of companies by SIC Code

The Standard Industrial Classification (SIC Code) is used to assign companies to specific industries. According to our database, the top 3 SIC Codes for Iceland are Non classified establishment (38.46%), Real property lessor (5.09%) and Holding company (4.96%).

This breakdown was generated automarically using the latest data from the HitHorizons database. Search through the whole HitHorizons database using filtering criteria relevant for your search and find companies leading within individual SIC Codes, SIC Code distribution among individual countries, or SIC Code breakdowns within other industries using HitHorizons Screener.

Iceland: Breakdown of Companies by SIC Code 120,287 registered companies

Iceland: TOP 10 companies with highest sales

According to our database, companies registered in the Iceland generated € 53,820,801,134 in sales, which represents 0.07% of all sales generated by companies available in the HitHorizons database.

This TOP 10 list of companies operating in Iceland was generated automatically using the latest data from the HitHorizons database. Search through the whole HitHorizons database using filtering criteria relevant for your search and get more data and insights on specific countries, industries, or segments with HitHorizons Screener.

Iceland: TOP 10 companies with highest sales 120,287 registered companies

  Company Name, Sales & Share Sales
1. Marel hf. € 1.709B 3.17% € 1.709B
2. Hagar hf. € 960.3M 1.78% € 960.3M
3. Eimskipafelag Islands hf. € 882.7M 1.64% € 882.7M
4. Alcoa a Islandi ehf. € 777.5M 1.44% € 777.5M
5. Nordural Grundartangi ehf. € 750.4M 1.39% € 750.4M
6. Rio Tinto a Islandi hf. € 670.7M 1.25% € 670.7M
7. Festi hf. € 617.9M 1.15% € 617.9M
8. Hagar verslanir ehf. € 611.8M 1.14% € 611.8M
9. Islandsbanki hf. € 541.7M 1.01% € 541.7M
10. Landsvirkjun € 530.3M 0.99% € 530.3M
Total Sales of the TOP 10 Companies € 8.052B

Iceland: Top 10 Companies with Highest Number of Employees

According to our database, companies registered in the UK employ 319,109 people, which represents 0.08% of all people employed by companies available in the HitHorizons database. The company with the highest number of employees is Reykjavikurborg (7,596), followed by Marel hf. (7,140) and Landspitali (4,221).

This TOP 10 list of companies with the highest number of employees was generated automatically using the latest data from the HitHorizons database. Search through the whole HitHorizons database using filtering criteria relevant for your search and get more data and insights on specific countries, industries, or segments with HitHorizons Screener.

Iceland: Top 10 Companies with Highest Number of Employees 120,287 registered companies

  Company Name, Employees & Share Number of Employees
1. Reykjavikurborg 7,596 2.38% 7,596
2. Marel hf. 7,140 2.24% 7,140
3. Landspitali 4,221 1.32% 4,221
4. Ossur hf. 3,505 1.1% 3,505
5. Landspitalinn 2,600 0.81% 2,600
6. Icelandair Group hf. 2,087 0.65% 2,087
7. Velsmidja Arna Jons ehf 2,004 0.63% 2,004
8. HAUKABERG H F 2,000 0.63% 2,000
9. SER VERZLUN HARPRYDI SF 1,985 0.62% 1,985
10. RAFTAEK JASTODIN S F 1,983 0.62% 1,983
Total Number of Employees of the TOP 10 Companies 35,121
The HitHorizons database covers companies registered in 60 countries (including the whole Europe). To ensure consistency of data across countries we removed proprietorships (self-employed individuals) and branches of foreign entities from the data included in our statistics. The last update of company data was on 7/1/2023.

View Statistics for Other Countries

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