sölverðs
Sölverð is the price at which a product or service is offered for sale and forms the basis for invoicing, revenue accounting, and pricing decisions in Icelandic business practice. In many contexts it refers to the price before value-added tax (virðisaukaskattur, VSK) is added, while the price paid by consumers in retail is typically the gross price inclusive of VAT. The consumer price can be expressed as the sölverð multiplied by (1 plus the VAT rate).
In practice, sölverð is used in price lists, catalogs, and business-to-business quotations, and it serves as
Related terms and variations include söluverð (selling price), which is often used interchangeably with sölverð in