2020 Annual Accounts approved by the Town Council
Good progress was made in protecting the core operations of the municipal fund last year, despite the negative effects of the Covid-19 pandemic. In addition, there was the sale of Hafnarfjörður's approximately 15% stake in HS Veitur hf. and land sales, which had a significant positive impact on the year's operating result. Hafnarfjörður's debt ratio continued to fall year-on-year, standing at 101% at the end of 2020.
Annual accounts of Hafnarfjörður municipality approved by the town council
The annual report of the City of Hafnarfjörður for the year 2020 was approved by the City Council of Hafnarfjörður this week. Main
The conclusion is that the operating performance for parts A and B of Hafnarfjörður was positive.
of approximately 2.3 billion króna. For Section A, the result was a positive 1.6 billion króna.
Good progress was made in protecting the core operations of the municipal fund last year, despite
due to negative effects from the Covid-19 pandemic. Sales of approximately 15% are added.
Hafnarfjörður's stake in HS Veitur hf. and the sale of plots of land, which had a significant positive impact.
on the year's operating result. Hafnarfjörður's debt ratio continued to fall on
between years and was 101% at the end of 2020.
All plots sold in Hamranes and Skarðshlíð
At the town council meeting, the allocation of
the last plots in Hamranes, a new housing estate south of the Skarðshlíðar neighbourhood and
Vallahverfis. A neighbourhood of nearly 1,800 homes will be built there in the coming months and years.
The estimated population is just over 4,000. Combined, the estimated population of new
the population in Skarðshlíð and Hamranes will be around 5,300 in approximately 2,300 households. In
Vallahverfi, which is the closest neighbourhood to these areas, has just over 5,700 residents and is
it is assumed that the total number in this area south of Reykjanesbraut will peak at
Hafnarfjörður will nearly double in the coming years.
„Hafnarfjörður has met the negative effects of Covid-19
the pandemic by strengthening the municipality's economic foundations. At
In recent years, the municipality's debt ratio has been steadily decreasing and with
The sale of the town's 15.1% stake in HS Veitur has not been lower.
for decades. We have been able to maintain a robust service to residents and a targeted
infrastructure development. We are steadfastly aiming for further investment in the town on
in the coming years“ says Rósa Guðbjartsdóttir, the mayor.
The annual report is available on the town's website.
Notice on the town's website when the annual accounts were presented to the Town Council on 8th April.
Foundations strengthened and defence turned into an attack | News | Hafnarfjörður (hafnarfjordur.is)