Festo Oy Ab

Festo Oy Ab

Festo Oy Ab is a Finnish limited company (Oy), listed in the Finnish Trade Register since 09.06.1978. Primary activity is wholesale of other machinery for use in industry (TOL 46642). The company is located in Vantaa.

Founded 09.06.1978 Limited company (Oy) Vantaa, 01510 56 employees festo.com
Wholesale of other machinery for use in industry

Overview

Revenue
30,9 M€
2024
Employees
56
2024
Operating profit
2,8 M€
8.9% margin
2024
Equity ratio
80.4%
2024

About the company

Festo Oy Ab is a Finnish limited company (Oy), listed in the Finnish Trade Register since 09.06.1978. Primary activity is wholesale of other machinery for use in industry (TOL 46642). The company is located in Vantaa.

Basic data

Business name
Festo Oy Ab
Registry code
0221878-3
Legal form
Limited company (Oy)
Status
Active
First registration
09.06.1978
Address
MÄKITUVANTIE, 01510, Vantaa
Primary activity (TOL)
46642 – Wholesale of other machinery for use in industry

Financials

Revenue trend

29,3 M€ 2020 29,8 M€ 2021 35,2 M€ 2022 37,4 M€ 2023 30,9 M€ 2024

Annual reports

  2020 2021 2022 2023 2024
Revenue 29,3 M€ 29,8 M€ 35,2 M€ 37,4 M€ 30,9 M€
Operating profit 2,5 M€ 1,6 M€ 2,0 M€ 2,9 M€ 2,8 M€
Op. margin 8.7 % 5.2 % 5.6 % 7.7 % 8.9 %
Growth +3.3 % +1.9 % +17.9 % +6.3 % -17.3 %
Equity ratio 70.6 % 67.2 % 62.7 % 72.7 % 80.4 %
Employees 65 64 62 58 56
Balance sheet 13,5 M€ 14,4 M€ 16,4 M€ 16,2 M€ 16,5 M€

Tax data 2020–2024

  2020 2021 2022 2023 2024
Taxable income 2,7 M€ 1,8 M€ 2,0 M€ 2,8 M€ 3,1 M€
Tax assessed 549 k€ 368 k€ 396 k€ 568 k€ 615 k€
Effective tax rate 20.11 % 20.16 % 20.15 % 20.11 % 20.1 %
Tax refund 5 k€ 5 k€
Back-tax owed 6 k€

Source: official public tax records.

Board and representatives

Active people registered in the official company register, by role.

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Location on map

The company's registered location: Vantaa.

About Festo Oy Ab

Festo Oy Ab (Business ID 0221878-3) is a Finnish limited company (Oy), registered in the Trade Register on 09.06.1978. Latest reported revenue is 30,9 M€ (2024), with about 56 employees, based in Vantaa.

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Frequently asked questions

What is the Business ID of Festo Oy Ab?
The Business ID of Festo Oy Ab is 0221878-3.
When was Festo Oy Ab founded?
Festo Oy Ab has been listed in the Finnish Trade Register since 09.06.1978, making the company about 48 years old.
What is Festo Oy Ab's revenue?
The latest reported revenue of Festo Oy Ab was 30,9 M€ in 2024.
How many employees does Festo Oy Ab have?
According to the latest public annual report filings, Festo Oy Ab has approximately 56 employees.
Where is Festo Oy Ab located?
Festo Oy Ab is registered at MÄKITUVANTIE, 01510, Vantaa.
What is the primary activity of Festo Oy Ab?
The primary activity of Festo Oy Ab is wholesale of other machinery for use in industry (industry code 46642).

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