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N1 hf.

Company type	Hlutafélag
Traded as	Nasdaq Iceland: N1
Industry	Retail
Founded	April 13, 2007; 17 years ago (2007-04-13)
Headquarters	Dalvegur 10-14, Kópavogur , Iceland
Number of locations	170[1] (2017)
Area served	Iceland
Key people	Eggert Þór Kristófersson[2](CEO)
Revenue	ISK 33.77 billion[3] (2016)
Operating income	ISK 4,18 billion[3] (2016)
Total assets	ISK 2,56 billion[3] (2016)
Total equity	ISK 12,57 billion[3] (2016)
Number of employees	532[4] (2016)
Website	www.n1.is/en

N1 hf. (Nasdaq Iceland: N1) is an Icelandic company headquartered in Kópavogur that runs many petrol stations around the country.^[5]

History

N1 was founded on April 13, 2007, by a merger between the Icelandic companies Esso and Bílanaust. 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.^[6]

References

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