Garmin Nordic Finland Oy
Garmin Nordic Finland Oy is a Finnish limited company (Oy), listed in the Finnish Trade Register since 28.02.1997. Primary activity is manufacture of instruments and appliances for measuring, testing and navigation (TOL 26510). The company is located in Vantaa.
Overview
About the company
Garmin Nordic Finland Oy is a Finnish limited company (Oy), listed in the Finnish Trade Register since 28.02.1997. Primary activity is manufacture of instruments and appliances for measuring, testing and navigation (TOL 26510). The company is located in Vantaa.
Basic data
- Business name
- Garmin Nordic Finland Oy
- Registry code
- 1072325-3
- Legal form
- Limited company (Oy)
- Status
- Active
- First registration
- 28.02.1997
- Address
- Äyritie, 01510, Vantaa
- Primary activity (TOL)
- 26510 – Manufacture of instruments and appliances for measuring, testing and navigation
- Website
- https://www.garmin.fi
Financials
Revenue trend
Annual reports
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Revenue | 22,6 M€ | 25,2 M€ | 22,0 M€ | 22,3 M€ | 27,5 M€ |
| Operating profit | 575 k€ | – | 554 k€ | 583 k€ | 840 k€ |
| Op. margin | 2.5 % | – | 2.5 % | 2.6 % | 3.1 % |
| Growth | -10.3 % | +0.0 % | -2.8 % | +1.7 % | +23.0 % |
| Equity ratio | 10.0 % | – | 20.0 % | 20.0 % | 100.0 % |
| Employees | 19 | 19 | 24 | 24 | 26 |
| Balance sheet | 4,2 M€ | – | 4,6 M€ | 4,0 M€ | 133,0 M€ |
Tax data 2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Taxable income | 173 k€ | 388 k€ | 561 k€ | 643 k€ | 934 k€ |
| Tax assessed | 35 k€ | 79 k€ | 114 k€ | 131 k€ | 190 k€ |
| Effective tax rate | 20.33 % | 20.34 % | 20.34 % | 20.34 % | 20.32 % |
| Tax refund | 2 k€ | – | – | – | – |
| Back-tax owed | – | 4 k€ | 182 € | 18 k€ | 76 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: Vantaa.
About Garmin Nordic Finland Oy
Garmin Nordic Finland Oy (Business ID 1072325-3) is a Finnish limited company (Oy), registered in the Trade Register on 28.02.1997. Latest reported revenue is 27,5 M€ (2024), with about 26 employees, based in Vantaa.
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