Helvar Oy Ab
Helvar Oy Ab is a Finnish limited company (Oy), listed in the Finnish Trade Register since 29.09.2002. Primary activity is manufacture of electric motors, generators and transformers (TOL 27110). The company is located in Espoo.
Overview
About the company
Helvar Oy Ab is a Finnish limited company (Oy), listed in the Finnish Trade Register since 29.09.2002. Primary activity is manufacture of electric motors, generators and transformers (TOL 27110). The company is located in Espoo.
Basic data
- Business name
- Helvar Oy Ab
- Registry code
- 1761136-9
- Legal form
- Limited company (Oy)
- Status
- Active
- First registration
- 29.09.2002
- Address
- Keilaranta, 02150, Espoo
- Primary activity (TOL)
- 27110 – Manufacture of electric motors, generators and transformers
- Website
- https://www.helvar.com
Financials
Revenue trend
Annual reports
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Revenue | 43,8 M€ | 48,8 M€ | 53,4 M€ | 47,4 M€ | 41,2 M€ |
| Operating profit | 2,0 M€ | 2,2 M€ | 1,8 M€ | 597 k€ | 1,1 M€ |
| Op. margin | 4.7 % | 4.5 % | 3.5 % | 1.3 % | 2.6 % |
| Growth | +3.5 % | +11.4 % | +9.5 % | -11.3 % | -13.1 % |
| Equity ratio | 33.1 % | 36.4 % | 24.8 % | 23.9 % | 20.7 % |
| Employees | 135 | 142 | 160 | 172 | 98 |
| Balance sheet | 25,5 M€ | 24,2 M€ | 37,0 M€ | 33,3 M€ | 20,3 M€ |
Tax data 2020–2022
| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Taxable income | 2,3 M€ | 3,2 M€ | 1,0 M€ |
| Tax assessed | 472 k€ | 641 k€ | 210 k€ |
| Effective tax rate | 20.13 % | 20.09 % | 20.29 % |
| Tax refund | – | – | 431 k€ |
| Back-tax owed | 2 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 Helvar Oy Ab
Helvar Oy Ab (Business ID 1761136-9) is a Finnish limited company (Oy), registered in the Trade Register on 29.09.2002. Latest reported revenue is 41,2 M€ (2024), with about 191 employees, based in Espoo.
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