ÞG Verk has been awarded for the fifth year in a row as an outstanding company in Iceland. The company’s goal has always been to deliver quality work to its customers in the housing market as well as the auction market, to conduct reliable and secure business standards and meet customers’ expectations. We continue firmly on this path and strive to improve in all areas.

The conditions that companies must meet in order to be considered excellent companies are:

• The company is in credit rating category 1-3.
• Annual accounts submitted by law no later than eight months after the settlement date.
• All public extensions of RSK during the submission deadline are taken into account.
• The company is active according to Creditinfo’s definition.
• Managing director registered in the RSK company register.
• Operating income of at least ISK 50 million over the last three operating years.
• Operating profit (EBIT> 0) for the last three operating years.
• Positive annual result for the last three operating years.
• Equity ratio higher than 20% in the last three operating years.
• Assets of at least ISK 100 million in the last three operating years.