N1 hf. (Nasdaq Iceland: N1) is an Icelandic company headquartered in Kópavogur that runs many petrol stations around the country.[5]
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| Company type | Hlutafélag |
|---|---|
| Nasdaq Iceland: N1 | |
| Industry | Retail |
| Founded | April 13, 2007 |
| Headquarters | Dalvegur 10-14, , |
Number of locations | 170[1] (2017) |
Area served | Iceland |
Key people | Eggert Þór Kristófersson[2](CEO) |
| Revenue |  ISK 33.77 billion[3] (2016) |
 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 |
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]