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Walking and enjoying the nature
Orkuveita Reykjavíkur emphasises transparency in its operations. Financial issues are pivotal in that respect.
The risk policy’s main objective is to ensure that Orkuveita Reykjavíkur (OR) is able to perform its basic roles with the lowest possible risk. OR does this by:
Reducing fluctuations in OR’s income with regards to underlying risks in operations and ensuring that risk factors are within the defined limits set by the Board of Directors (BoD) and listed in the risk manual. The diagram below specifies OR’s main risk factors.
Ensuring that OR has sufficient liquidity to finance necessary infrastructure for services and regular activities.
OR strives to ensure access to diverse funding from multiple financial institutions, avoiding dependence on few counterparties.
The BoD entrusts OR‘s Risk committee with the responsibility of complying to the risk policies objectives and keeping risk factors within limits set by the BoD. Changes to the limits require approval by the BoD. The risk policy builds upon OR’s values and overall policy and is set in accordance with the company’s owners policy.
Here you will find all of Reykjavik Energy's financial reports in English.
OR Interim Financial Statements Q2 20...
OR Consolidated Financial Statements ...
OR Interim Financial Statements Q3 20...
OR Consolidated Forecast 2018 and lon...
OR Finance Report 2016
The Plan progress report 2016
Overview of changes to OR financial f...
OR Key financial figures Q3 2016
The Plan progress report Q3 2016
OR Consolidated Forecast 2017 and Lon...
OR key financial figures Q2 2016
OR interim financial statements Q2 20...
The Plan Progress Report Q2 2016
Moodys Rating Action Jul 2016
Moodys Rating Action Jun 2016
Reitun - árétting lánshæfismats
Reitun Lánshæfismat OR - mars 2016
The Plan Progress Report 2015
OR Key Financial Figures 2015
OR Financial Statements 2015
Fitch Ratings - OR - Dec 2015
Moodys Rating Action for OR - Decembe...
Consolidated Budget 2015 and Five Yea...
OR Consolidated Budget 2015 and 5 Yea...
Reitun OR Credit Rating - May 2015
Financial Statements Q1 2015
Progress Report Q1 2015
Reitun OR Credit Rating - Jan 2015
Fitch Ratings - Feb 2015
Here you will find all of Reykjavik Energy's financial news in English.
OR receives rating of i.AA3 with positive outlook by Reitun
Increased activities and improved results of operations at Reykjavík Energy
OR Bond Offering on August 21
OR Annual General Meeting
Stable Results of Operations
OR Bond Offering on 3 May
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