EFLA outstanding
five years
in a row

credit en

Creditinfo performs an annual assessment of the financial strength and stability of the country's companies and subsequently compiles a list of those companies that pass the strict quality assessment based on the professional requirements and analysis of Creditinfo. The companies which meet the requirements are considered outstanding in the opinion of Creditinfo.


A new analysis by Creditinfo reveals that 577 companies or 1.7% of the 34,000 listed companies in Iceland meet the requirements as outstanding companies in 2014. EFLA Consulting Engineers is part of this group, the fifth consecutive year, and is one of only 100 companies having achieved this success for all of the five years since the beginning of this assessment.


Responsible operations, financial strength and stability of the operations are important to the businesses, their customers, the economy and society as a whole. EFLA is therefore very proud of the company's success and the recognition to be considered an outstanding company. This performance is achieved with a great staff and a stable and successful collaboration with our fine customers.


EFLA wishes to use the opportunity to thank the company's customers at home and abroad the trust that the company has been shown, and to thank the staff for their excellent performance. We look forward to the continued cooperation.


The criteria are:

  • has submitted its financial statements to the Icelandic internal revenue service for the past three years
  • the probability of a serious default is less than 0.5%
  • the operating profit (EBIT) has been positive for three consecutive years
  • the annual result has been positive for three consecutive years
  • the equity ratio is 20% or more for three consecutive years
  • assets have amounted to ISK 80 million or more for three consecutive years
  • the executive manager is registered in the Company Register
  • the company is active under the definition of Creditinfo