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About Rafkaup

Rafkaup was founded on June 19th 1982 by Óskar Rafnsson, who opened a store at Suðurlandsbraut 4, Reykjavík. In the beginning, the main operations were importing retail lamps and electricity wiring for home use from Brilliant Leuchten AG, Germany.  That later developed into wholesaling across Iceland.
A new era began in the company´s history the year 1989 with the purchase of a real estate at Ármúli 24, Reykjavík. Rafkaup emphasized on wholesaling to retail shops, contractors and institutions, also on offers for construction developers.

Rafkaup is a service company that specializes in sale and service of lights, lighting fixtures and light bulbs. The company objective is to be at a competitive advantage in serving our customers, and marketing our products. Rafkaup supplies many known brands such as Delta Light, iGuzzini, Vibia, Schreder, and many more.

Today, Rafkaup runs a 500m2 store along with a 200m2 gallery where we provide our customers service and consulting regarding lighting. We have approx. 60 suppliers, most of them from Europe, and the product range covers almost everything you can think of in terms of lighting. At Rafkaup there are close to 20 employees.

 

The Strongest in Iceland 2012-2016

Rafkaup hf. has been awarded with the recognition of "The strongest in Iceland" in consecutive years through 2012 to 2016 and with that contributes to the future of the Icelandic economy. Only those companies that fulfill the requirements  set by CreditInfo qualify as one of Iceland’s strongest.

Rafkaup hf. is amongst 1,7% of Icelandic companies that have met the requirements.  By achieving five consecutive years on the list, Rafkaup has received a special Golden badge.

Creditinfo’s conditions for the company strength analysis:

  • Confirmed financial statements for three straight years with the Directorate of Internal Revenue
  • Less than 0,5% probability of defaulting debts according to Creditinfo’s CIP Risk Assessment
  • Positive operating profit (EBIT) for three straight years
  • Positive operating net profit for three straight years
  • Total assets exceed ISK 80 million for for three straight years
  • Equity ratio has been 20% or higher for three straight years
  • CEO is listed in the national Registry of Enterprises
  • The company is active according to Creditinfo’s definition

 

Framúrskarandi fyrirtćki
NEYĐARLJÓS
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