Orkan
100% shares
Employees
Gross profit 2022
million ISK
EBITDA 2022
million ISK
Enterprice Value (EV)
million ISK
Equity value
million ISK
EV/EBITDA 2023E
Operation
The Orkan IS Group began operations on 1 December 2021. Its brands are: Orkan, Löður, Gló, Lyfsalinn, Lyfjaval, 10-11, Extra and Íslenska vetnisfélagið. Orkan also owns shares in Brauð & Co., Sbarro and Straumlind.
Orkan is one of the largest retail companies in the country with over 16 thousand transactions daily. Orkan operates 70 gas stations, 2 hydrogen stations and 1 methane station, as well as offering, in selected locations, charging stations for electric cars. Orkan also operates 9 stores under the Orkan brand, 10-11 and Extra. Orkan's goal is to create service centers and stores that serve customers in a smart, cost-effective and environmentally friendly way.
From the beginning, Orkan has carbon-balanced all of its operations in Iceland through The Icelandic Wetland fund and invites its environmentally conscious customers to do the same. Orkan's key holders can thus use part of their discount to carbon offset their fuel purchases with the Energy Key through the Icelandic Wetland Fund.
