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Iceland— IS

Company data in Iceland, by industry

Browse Iceland company directories across 56 industries — 138,322 businesses in the InfobelPRO database, registry-sourced from official Iceland business registry and enriched with firmographics, location, financials and group structure.

138,322
Registered companies
JBT Marel ehf.
Largest company
Activities of other membership organisations n.e.c.
Largest sector
34th
in Europe by count

Looking for exportable records? See our Iceland business database.

Comparing vendors? Read Best B2B data providers in Iceland.

Rankings

Largest companies in Iceland

By revenue, one row per corporate group — reported (actual) revenue, updated September 2026.

#Company (group)IndustryHQRevenue (USD)
1JBT Marel ehf.Manufacture of machinery for food, beverage and tobacco processingGarðabær$1.7B
2Icelandair Group hf.Service activities incidental to air transportationHafnarfjörður$1.6B
3Festi hf.Retail sale of flowers, plants, seeds, fertilisers, pet animals and pet food in specialised storesKópavogur$1.4B
4Hagar hf.Retail sale in non-specialised stores with food, beverages or tobacco predominatingReykjavík$1.3B
5Islandsbanki hf.Financial leasingKópavogur$1.2B
6Alcoa a Islandi ehf.Aluminium productionReykjavík$916M
7Eimskipafelag Islands hf.Freight transport by roadReykjavík$896M
8Brim hf.Processing and preserving of fish, crustaceans and molluscsReykjavík$876M
9Nordural ehf.Aluminium productionAkranes$793M
10Embla Medical hf.Manufacture of medical and dental instruments and suppliesReykjavík$788M
11Arion banki hf.Financial leasingReykjavík$728M
12Rio Tinto a Islandi ehf.Aluminium productionHafnarfjörður$612M
13Rikissjodur IslandsElectric power generation, transmission and distributionReykjavík$561M
14Alvotech hf.Manufacture of pharmaceutical preparationsReykjavík$490M
15ReykjavikurborgSteam and air conditioning supplyReykjavík$488M

Top 15 of 25 · Samherji hf., Iceland Seafood International hf., BBL 145 ehf., Norvik hf., Kaupfelag Skagfirdinga ( svf. ), SF V slhf., Hampidjan hf., Sildarvinnslan hf., Actavis Group ehf., TZ24 Holding ehf. follow. Methodology →

JBT Marel ehf. leads by reported revenue at $1.7B, the largest of 25 ranked corporate groups.

Coverage

Companies by industry

The B2B industries we cover, ranked by number of companies. Each links to the full directory.

Construction companies
9,988
Real estate companies
9,484
Retail companies
5,890
Distribution & wholesale
4,424
Agriculture & agribusiness
3,467

+ 51 more industries below ↓

Construction companies is the most populated sector we cover, with 9,988 companies — 7% of Iceland's 138,322 registered.

Distribution

Company size & revenue

By number of employees

1–4
124,448
5–9
3,478
10–19
789
20–49
560
50–99
238
100–199
133
200–499
108
500–999
38
1000+
24

The 1–4 band is shown with a broken bar — it is ~36× the next band; the smaller bands are scaled against each other so they stay readable. 9,501 companies have no disclosed headcount (excluded).

Around 96% of companies with disclosed headcount employ fewer than five people, so the market skews heavily toward micro-enterprises.

By revenue (local currency)

1–100K
21
100K-499K
62
500K-999K
58
1M-4.99M
3,297
5M-9.99M
57,988
10M-49.99M
58,699
50M-99.99M
4,948
100M-499.99M
3,352
500M-999.99M
264
1B+
574

10,054 companies have no disclosed revenue (excluded from the chart).

The most common disclosed-revenue band is 10M-49.99M, covering 45% of companies with reported revenue.

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138,322 companies with firmographics, financials and corporate group structure — filtered by industry, size, region and revenue.

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Geography

Where Icelandic companies are based

Distribution by region.

Höfuðborgarsvæði
92,125
Norðurland eystra
9,849
Suðurland
8,150
Suðurnes
5,977
Vesturland
4,957

Höfuðborgarsvæði holds the largest regional share, with 71% of companies that have a disclosed region.

Group linkage

Corporate structure in Iceland

How much of the market is part of a corporate group vs independent.

25%

Part of a corporate group

75%

Independent

25% of companies belong to a corporate group; the remaining 75% operate independently.

Corporate groups

Largest corporate groups in Iceland

Icelandic-headquartered groups ranked by total group entities worldwide — a measure of corporate reach.

#GroupGroup entities (worldwide)
1Embla Medical hf.105
2Eimskipafelag Islands hf.79
3Hampidjan hf.64
4Rikissjodur Islands33
5Norvik hf.33
6JBT Marel ehf.31
7Icelandair Group hf.29
8Iceland Seafood International hf.22
9SIA IV slhf.20
10Kvika banki hf.18

Group entities = total members of the corporate family worldwide, for groups whose ultimate parent is in Iceland.

Embla Medical hf. is the largest corporate group headquartered in Iceland, with 105 entities worldwide.

Foreign ownership

Foreign-owned vs domestic

Among Iceland's larger companies, the share ultimately controlled from abroad — and the leading countries of ownership.

3%

Foreign-owned

97%

Icelandic-owned

Leading countries of ownership

Germany
18.2%
Israel
13.6%
England
13.6%
Netherlands
13.6%
United States of America
13.6%

Shares calculated on the largest companies by revenue with ownership data available, not an absolute national figure.

Germany is the leading country of foreign ownership, at 18.2%.

FAQ

Iceland company data — frequently asked questions

There are 138,322 registered companies in Iceland across all sectors, from sole traders to large enterprises.
By reported revenue, JBT Marel ehf. is the largest company in Iceland, followed by Icelandair Group hf. and Festi hf..
Activities of other membership organisations n.e.c., Activities of holding companies, Rental and operating of own or leased real estate have the most registered companies.
You can request a free sample or access the full Iceland database, filtered by industry, size, region and revenue, via InfobelPRO.
Sourced from the Infobel DaaS database. The largest-companies ranking is consolidated at corporate-group level (one row per group) and shows reported (actual) revenue in USD; modeled figures are excluded. Distributions cover all registered companies. Industry directories use a NACE-based B2B taxonomy. Last updated September 2026.

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