N1 (company)

{{sources exist|date=January 2018}}

{{Infobox company

| name = N1 hf.

| logo = N1_(company)_logo.svg

| logo_size = 200px

| type = Hlutafélag

| traded_as = {{OMX|ICE98870|N1}}

| ISIN =

| industry = Retail

| genre =

| fate =

| predecessor =

| successor =

| founded = {{Start date and age|2007|04|13}}

| founder =

| defunct =

| hq_location = Dalvegur 10-14

| hq_location_city = Kópavogur

| hq_location_country = Iceland

| num_locations = 159{{cite web|title=Finna Stöðvar|url=https://www.n1.is/stodvar/|website=www.n1.is|publisher=N1|accessdate=10 March 2025}}

| num_locations_year = 2025

| area_served = Iceland

| key_people =

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| revenue = {{Decrease}} ISK 33.77 billion{{cite web|title=Ársskýrsla 2016|url=https://www.n1.is/arsskyrsla-2016/lykiltolur/|website=www.n1.is|publisher=N1|accessdate=14 May 2017|url-status=bot: unknown|archive-url=https://archive.today/20170514013136/https://www.n1.is/arsskyrsla-2016/lykiltolur/|archive-date=14 May 2017|df=}}

| revenue_year = 2016

| operating_income = {{Increase}} ISK 4,18 billion

| income_year = 2016

| net_income =

| net_income_year =

| aum =

| assets = {{Increase}} ISK 2,56 billion

| assets_year = 2016

| equity = {{Increase}} ISK 12,57 billion

| equity_year = 2016

| owner =

| members =

| members_year =

| num_employees = 532{{cite web|title=Ársskýrsla 2016|url=https://www.n1.is/arsskyrsla-2016/lykiltolur/|website=www.n1.is|publisher=N1|accessdate=14 May 2017|url-status=bot: unknown|archive-url=https://archive.today/20170514013136/https://www.n1.is/arsskyrsla-2016/lykiltolur/|archive-date=14 May 2017|df=}}

| num_employees_year = 2016

| parent =

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| website = {{URL|www.n1.is/en}}

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}}

N1 hf. ({{OMX|ICE98870|N1}}) is an Icelandic company headquartered in Kópavogur that sells fuel and car related products as well as electricity to individuals and companies.{{cite web|title=N1 leysir sameinaða krafta úr læðingi|url=https://www.n1.is/frettir/almennar-frettir/n1-leysir-sameinada-krafta-ur-laedingi/|website=n1.is|publisher=N1|accessdate=27 April 2017}}{{cite news |author1=Ingi Freyr Vilhjálmsson |title=Saga N1 Rafmagns: Viðskiptavild í boði lífeyrissjóða og ofrukkanir gegn almenningi |url=https://heimildin.is/grein/14699/ |access-date=10 March 2025 |work=Stundin |publisher=Heimildin |date=7 February 2022 |language=Icelandic}}

History

N1 was founded on April 13, 2007, by a merger between the Icelandic companies Esso and Bílanaust.{{cite news |title=ESSO verður N1 |url=https://www.visir.is/g/2007729384d/esso-verdur-n1 |access-date=10 March 2025 |work=Vísir.is |date=13 April 2007 |language=Icelandic}} The merger brought with it a change of focus for the companies, away from selling gas and towards retail. At the time of its founding, it became the 10th largest company in Iceland.{{cite news|title=Esso verður N1|url=http://timarit.is/view_page_init.jsp?issId=276991&pageId=3956215&lang=is&q=Ol%EDuf%E9lagi%F0%20Esso%20B%EDlanaust%20N1|accessdate=27 April 2017|work=Fréttablaðið|date=14 April 2007}}

References

{{Reflist}}

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Category:Companies listed on Nasdaq Iceland

Category:Icelandic brands

{{Iceland-company-stub}}