Eltel Networks Oy
Eltel Networks Oy is a Finnish limited company (Oy), listed in the Finnish Trade Register since 23.12.1998. Primary activity is construction of utility projects for electricity and telecommunications (TOL 42220). The company is located in Espoo.
Overview
About the company
Eltel Networks Oy is a Finnish limited company (Oy), listed in the Finnish Trade Register since 23.12.1998. Primary activity is construction of utility projects for electricity and telecommunications (TOL 42220). The company is located in Espoo.
Basic data
- Business name
- Eltel Networks Oy
- Registry code
- 1548234-8
- Legal form
- Limited company (Oy)
- Status
- Active
- First registration
- 23.12.1998
- Address
- Laturinkuja, 02650, Espoo
- Primary activity (TOL)
- 42220 – Construction of utility projects for electricity and telecommunications
- Website
- https://www.eltelnetworks.fi
Financials
Revenue trend
Annual reports
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Revenue | 275,4 M€ | 277,4 M€ | 266,2 M€ | 320,3 M€ | 335,2 M€ |
| Operating profit | 5,4 M€ | 9,8 M€ | 6,4 M€ | 364 k€ | 7,8 M€ |
| Op. margin | 2.0 % | 3.5 % | 2.4 % | 0.1 % | 2.3 % |
| Growth | +15.0 % | +0.7 % | -4.0 % | +20.3 % | +4.7 % |
| Equity ratio | 10.1 % | 16.8 % | 20.5 % | 19.1 % | 17.6 % |
| Employees | 1 157 | 1 247 | 1 288 | 1 305 | 1 264 |
| Balance sheet | 96,1 M€ | 111,6 M€ | 120,0 M€ | 138,4 M€ | 142,0 M€ |
Tax data 2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Taxable income | 271 k€ | 9 k€ | 8 k€ | 0 € | 23 k€ |
| Tax assessed | 55 k€ | 2 k€ | 2 k€ | 2 k€ | 5 k€ |
| Effective tax rate | 20.34 % | 20.0 % | 20.0 % | – | 20.0 % |
| Tax refund | – | 3 k€ | – | – | – |
| Back-tax owed | 55 k€ | – | 2 k€ | 582 € | 3 k€ |
Source: official public tax records.
Board and representatives
Active people registered in the official company register, by role.
Location on map
The company's registered location: Espoo.
About Eltel Networks Oy
Eltel Networks Oy (Business ID 1548234-8) is a Finnish limited company (Oy), registered in the Trade Register on 23.12.1998. Latest reported revenue is 335,2 M€ (2024), with about 1 264 employees, based in Espoo.
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