Creditinfo awarded Sláturfélag Suðurlands svf.
THE STRONGEST IN ICELAND 2018.
Sláturfélag Suðurlands svf. has been recognised as one of Iceland’s strongest companies in 2018.
Only 2% of Icelandic companies meet these requirements.
- Has submitted financial statement to RSK for the fiscal years 2015-2017
- Categorised by Creditinfo in risk category 1,2 or 3
- Positive EBIT for the fiscal years 2015-2017
- Equity ratio at least 20% for the fiscal years 2015-2017
- Registered CEO at the company register
- Defined as a credit active company according to Creditinfo
- Operating income of at least ISK 50m 2017
- Total assets at least ISK 100m for 2017, 90m 2016 and 80m 2015
- Positive operating profit for the fiscal years 2015
Slaturfelag Suðurlands svf. (SS)
SS is a producers co-operative owned by farmers in the Southern and West part of Iceland and shareholders. The company was founded in 1907.
Our objective is to operate on the wholesale level selling our own production and imported food products and food related products. The company is operating in three divisions : abattoir, meat processing and imports.
SS runs the largest abattoir in Iceland with about 19% of the animals slaughtered. The company operates a slaughter plant in Southern part of Iceland. The plant is at Selfoss 50 km East of Reykjavik and has export licence for Japan, US and EU countries. Total volume slaughtered annually is about 4000 ton´s.
SS meat processing division holds a dominant position in meat processed products with market share from 20% to 80% depending on product categories. Our product range in meat processed products consists of about 150 various products. SS best selling product is the very famous SS vinarpylsa (hot dog) with about 80% market share. In fast developing fields like ready made meals SS is a market leader with the 1944 brand. SS applies a multiple brand strategy in selling its products.
Main processing plant is at Hvolsvollur 115 km East of Reykjavik and is about 9000 m2 in size.
SS has placed high emphasis on increasing the turnover of the import division where SS represents many outstanding companies. SS policy is to represent one of three leading brands in every product category. SS is sole agent and distributor for well-known brands such as Pedigree and Whiskas petfood, McCormick spices, Uncle Ben’s rice and sauces, Mars confectionery and Mars ice-cream, Barilla pasta products and sauces, Bennett Opie´s cocktail cherries and olives, Yara fertilizer and DLG animal feed.
Iceland has two types of meat that are popular in some world markets. Icelandic lamb is known for its unique wild flavour and tenderness. In total about 3000 tons are exported annually by all abattoirs in Iceland. SS exports both fresh and frozen lamb in various cuts. The slaughter season for lamb is September and October each year. Horsemeat both fresh and frozen is also exported to selected markets.
SS also exports salted lamb skins and salted hides. Icelandic lamb skins are known for their lightness and have been popular for fashion clothes and nappa production.
Managing director: Steinthor Skulason, email: firstname.lastname@example.org. Financial manager: Hjalti H. Hjaltason, email: email@example.com. Production manager: Benedikt Benediktsson, email: firstname.lastname@example.org. Marketing & sales manager: Steinthor Skulason, email: email@example.com.
Slaturfelag Sudurlands svf.
110 Reykjavik, Iceland Phone +354 575 6000
Fax +354 575 6090
Register number 600269-2089 VAT .no. 14536
Our trade bank is: Arion bank, Borgartuni 19, Reykjavik, Iceland. www.arionbanki.is