The IT Company Advania was founded in early 2012, the final step of a two year transformation and unification period of Skýrr that the EIF acquired in August 2010. During the time the company was in EIF ownership it went through an operational and economic restructuring. The EIF led the sale process when the company was sold to Advinvest, a Swedish investment company, in March 2015.
Investment profit: Little under 840 million ISK
Total return: 50.6%