Bakkinn Vöruhótel

What Bakkinn Vöruhótel does

Bakkinn vöruhótel is an Icelandic warehouse hotel company headquartered at Skarfagarðar 2, 104 Reykjavík, that provides outsourced warehousing and logistics services to B2B customers, primarily enterprise retailers. Its service offering is an integrated bundle comprising five core capabilities: warehousing (vöruhúsing), packing (pökkun), product labeling (vörumerking), dispatch (afgreiðsla), and distribution (dreifing). The company operates two fully equipped warehouses in the Reykjavík capital region — Skarfagarðar 2 (serving tenants Elko, Krónan, and Byko) and Klettagarðar 13 (serving N1) — and equips both with automated tower cabinets (sjálfvirkir turnskápar) for cost-efficient small-item storage and handling. The company employs 14 people and runs quote-based B2B contracts with no publicly disclosed pricing.

The business model is straightforward B2B services: enterprises that prefer to outsource their warehouse and distribution operations contract Bakkinn to take ownership of inbound storage, value-added handling (packing, labeling), outbound dispatch, and last-mile distribution. Revenue is recurring in nature — based on stored volume, throughput, and service mix — but is not publicly disclosed and is negotiated on a per-customer basis. The company is a privately held Icelandic entity (kt. 6508081770), is not listed on any exchange, and has no disclosed venture or institutional funding. Its privacy policy routes to festi.is, suggesting an operational affiliation with the Festi group, though no formal parent-subsidiary relationship is documented. Beyond a recruitment portal (jobs.50skills.com/bakkinn/is/), the company has no significant external marketing footprint and competes on operational quality, security, and the capital-region real estate footprint rather than on technology differentiation.

Name

Bakkinn Vöruhótel

Legal name

Bakkinn vöruhótel

Website

https://bakkinn.is

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Bakkinn vöruhótel is a privately held Icelandic warehouse hotel operating two Reykjavík facilities that provide integrated warehousing, packing, labeling, dispatch, and distribution services for enterprise retail tenants including Elko, Krónan, Byko, and N1.

Ownership category

akta.pro rank

Product category

Warehouse and Logistics Services

NAICS

General Warehousing and Storage (493110), Warehousing and Storage (493)

SIC

Public Warehousing & Storage (4220)

akta.pro primary industry

Multi-Client Public Warehousing (Dry) (TLALAAAA)

akta.pro secondary industry

E-commerce & Omnichannel Fulfillment Centers (Non-Temp Controlled) (TLALAAAC)

Keywords

• Warehouse services
• Logistics outsourcing
• Order fulfillment
• Product distribution
• Warehousing storage

Headquarters

HQ city

Reykjavík

HQ country

Iceland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure

Revenue model

1. Warehouse and Logistics Services: Revenue generated from providing warehouse storage, packing, product labeling, dispatch, and distribution services to customers who outsource their warehouse operations

Distribution channels1 record

Marketing channels1 record

Core offering

Bakkinn Vöruhótel is an Icelandic warehouse hotel (vöruhótel) operating two warehouse facilities in Reykjavik that provides outsourced warehousing, packing, product labeling, dispatch, and distribution services to businesses. The offering allows clients to delegate the management of their inventory storage, packing, labeling, and order fulfillment operations to a single third-party specialist.

Product overview

Bakkinn Vöruhótel operates as a comprehensive warehouse hotel offering integrated logistics services. The company provides an end-to-end solution comprising warehousing (vöruhýsing), packing (pökkun), product labeling (vörumerking), dispatch (afgreiðsla), and distribution (dreifing) services. They operate two fully equipped warehouse facilities in the Reykjavik capital area and utilize automated tower cabinet systems for efficient small-item storage. The company serves businesses seeking to outsource their warehouse operations entirely or partially.

Differentiator

Problem solved

Functional benefit

Products and services

• Warehousing (Vöruhúsing)

Named customers4 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Direct peers

• Samskip: Major Icelandic and Nordic logistics provider offering road, sea, and warehousing services. Competes in the same Icelandic refrigerated and ambient warehousing market.
• Eimskip: Iceland's largest logistics and shipping company, also operating warehousing and distribution services domestically. Directly comparable contract-logistics peer in the same Icelandic market.

Emerging players

• Wincanton: UK-focused contract logistics provider specializing in multi-user shared warehousing and retail omnichannel fulfillment. Highly comparable operating model on a smaller national scale.
• ID Logistics: European contract logistics specialist focused on retail and FMCG warehousing, packing, and distribution. Closely comparable in service mix and customer-vertical focus to Bakkinn.

Broad incumbents

• CEVA Logistics: Global 3PL providing contract warehousing, fulfillment, and distribution to retail and consumer clients. Similar end-to-end service bundle and large-tenant operating model.
• Kuehne+Nagel: Global logistics leader providing contract warehousing and distribution solutions across multiple industries. Operates similar multi-client shared warehousing service lines.
• GXO Logistics: Global pure-play contract logistics provider offering warehousing, packaging, and distribution as outsourced services. Closest international playbook model for a focused contract warehousing operator.
• DHL Supply Chain: World's largest contract logistics provider with end-to-end warehousing, packing, labeling, and distribution services serving enterprise retail customers. Comparable integrated service offering and customer base.

Others

• ISS Iceland: Icelandic arm of global facility services group; provides warehouse-related cleaning, security, and operational support. Close in geography and adjacent in service scope to Bakkinn's value-added handling.

Regional players

• Posturinn (Iceland Post): State-owned Icelandic postal and logistics operator providing parcel distribution and warehousing at national scale. Covers similar last-mile and distribution functions within Iceland.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/bakkinn-v%C3%B6ruh%C3%B3tel

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bakkinn Vöruhótel