Largest Listed Companies in Iceland by Market Cap

With only about 27 stocks on its main market, Nasdaq Iceland is one of Europe’s smallest exchanges — but it covers a surprisingly broad range of sectors. Established in 1985 on the initiative of the Central Bank of Iceland, the exchange began trading Icelandic government bonds in 1986 and listed its first equities in 1991. It became part of the Nasdaq family following acquisitions in 2006 and 2007.

The benchmark OMX Iceland 15 (OMXI15) index tracks the largest and most traded stocks on the exchange. Key sectors and companies include:

  • Industrials: Marel hf., a global provider of food processing equipment, is by far the largest listed company in Iceland and has been dual-listed on Euronext Amsterdam since 2019.
  • Banking: Arion Banki hf. and Íslandsbanki hf. (founded in 1875) are the two main banks, both successors to institutions that collapsed during the 2008 financial crisis.
  • Healthcare: Össur hf., founded in 1971, specializes in prosthetics and orthopaedic devices and is also listed on Nasdaq Copenhagen.
  • Airlines & Tourism: Icelandair Group hf. operates Iceland’s national carrier.
  • Retail & Telecom: Festi hf., Hagar hf., and Síminn hf. serve the domestic consumer and communications markets.

All trading on Nasdaq Iceland is conducted in Icelandic Króna (ISK). Because of the small size of the Icelandic economy, many listed stocks are relatively small and illiquid compared to those on Nordic peers like Norway or Sweden.

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The table below lists the largest Icelandic publicly traded companies ranked by market capitalization. All data — including share prices and market caps — updates automatically to reflect current market conditions.

Largest listed companies in Iceland
StockPriceChange %Marketcap
ALVO
Alvotech
ALVO
$3.2010.36%998.55M
ARION.IC
Arion banki
ARION.IC
ISK194.500.26%265.56B
ISB.IC
Íslandsbanki
ISB.IC
ISK147.000.68%251.13B
SVN.IC
Sildarvinnslan
SVN.IC
ISK112.000.90%206.73B
BRIM.IC
Brim hf.
BRIM.IC
ISK85.000.00%163.66B
HAMP.IC
Hampiðjan
HAMP.IC
ISK89.500.00%56.08B
HAGA.IC
Hagar hf.
HAGA.IC
ISK120.000.00%130.61B
KVIKA.IC
Kvika banki
KVIKA.IC
ISK15.451.31%68.24B
SJOVA.IC
Sjóvá-Almennar tryggingar
SJOVA.IC
ISK42.800.00%49.72B
FESTI.IC
Festi hf.
FESTI.IC
ISK324.000.00%99.58B
EIM.IC
Eimskipafélag Íslands
EIM.IC
ISK240.000.00%38.81B
ISLAX.OL
Arnarlax (Icelandic Salmon)
ISLAX.OL
NOK81.501.21%2.52B
REITIR.IC
Reitir fasteignafélag
REITIR.IC
ISK115.500.00%79.12B
ICEAIR.IC
Icelandair
ICEAIR.IC
ISK0.7881.01%32.40B
IFISH.OL
Ice Fish Farm
IFISH.OL
NOK29.000.00%3.55B
VIS.IC
Vátryggingafélag Íslands
VIS.IC
ISK15.000.00%29.46B
EIK.IC
Eik fasteignafélag
EIK.IC
ISK14.050.00%47.68B
SKEL.IC
Skel fjárfestingafélag
SKEL.IC
ISK16.800.90%31.56B
SIMINN.IC
Síminn hf.
SIMINN.IC
ISK11.800.00%27.94B
AFISH.OL
Arctic Fish Holding
AFISH.OL
NOK29.002.68%1.31B
ICESEA.IC
Iceland Seafood International
ICESEA.IC
ISK4.400.46%13.48B
KALD.IC
Kaldalón
KALD.IC
ISK27.100.00%29.43B
NOVA.IC
Nova Klúbburinn
NOVA.IC
ISK3.680.54%12.75B
SYN.IC
Sýn hf.
SYN.IC
ISK21.800.00%5.40B
SFS-B.IC
Sláturfélags Suðurlands
SFS-B.IC
ISK2.540.00%0.00000000000000
SOLID.IC
Solid Clouds
SOLID.IC
ISK0.250.00%179.26M