Noratel Finland Oy

Noratel Finland Oy

Noratel Finland Oy is a Finnish limited company (Oy), listed in the Finnish Trade Register since 01.02.1974. Primary activity is manufacture of electric motors, generators and transformers (TOL 27110). The company is located in Salo.

Founded 01.02.1974 Limited company (Oy) Salo, 24100 35 employees noratel.com
Manufacture of electric motors, generators and transformers

Overview

Revenue
6,6 M€
2024
Employees
35
2025
Operating profit
483 k€
6.7% margin
2024
Equity ratio
60.0%
2024

About the company

Noratel Finland Oy is a Finnish limited company (Oy), listed in the Finnish Trade Register since 01.02.1974. Primary activity is manufacture of electric motors, generators and transformers (TOL 27110). The company is located in Salo.

Basic data

Business name
Noratel Finland Oy
Registry code
0139502-4
Legal form
Limited company (Oy)
Status
Active
First registration
01.02.1974
Address
Kiertokatu, 24100, Salo
Primary activity (TOL)
27110 – Manufacture of electric motors, generators and transformers

Financials

Revenue trend

7,4 M€ 2020 6,1 M€ 2021 6,6 M€ 2022 7,2 M€ 2023 7,3 M€ 2024

Annual reports

  2020 2021 2022 2023 2024
Revenue 7,4 M€ 6,1 M€ 6,6 M€ 7,2 M€ 7,3 M€
Operating profit 249 k€ 91 k€ 380 k€ 538 k€ 483 k€
Op. margin 3.4 % 1.5 % 5.7 % 7.5 % 6.7 %
Growth +0.0 % -17.7 % +9.1 % +8.6 % +0.5 %
Equity ratio 60.0 % 60.0 % 50.0 % 60.0 % 60.0 %
Employees 46 43 35 34 34
Balance sheet 3,0 M€ 2,9 M€ 3,5 M€ 3,6 M€ 3,5 M€

Tax data 2020–2024

  2020 2021 2022 2023 2024
Taxable income 315 k€ 176 k€ 367 k€ 553 k€ 486 k€
Tax assessed 64 k€ 36 k€ 75 k€ 113 k€ 99 k€
Effective tax rate 20.34 % 20.33 % 20.34 % 20.34 % 20.34 %
Tax refund 2 € 255 € 388 €
Back-tax owed 17 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: Salo.

About Noratel Finland Oy

Noratel Finland Oy (Business ID 0139502-4) is a Finnish limited company (Oy), registered in the Trade Register on 01.02.1974. Latest reported revenue is 7,3 M€ (2024), with about 35 employees, based in Salo.

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Frequently asked questions

What is the Business ID of Noratel Finland Oy?
The Business ID of Noratel Finland Oy is 0139502-4.
When was Noratel Finland Oy founded?
Noratel Finland Oy has been listed in the Finnish Trade Register since 01.02.1974, making the company about 52 years old.
What is Noratel Finland Oy's revenue?
The latest reported revenue of Noratel Finland Oy was 7,3 M€ in 2024.
How many employees does Noratel Finland Oy have?
According to the latest public annual report filings, Noratel Finland Oy has approximately 35 employees.
Where is Noratel Finland Oy located?
Noratel Finland Oy is registered at Kiertokatu, 24100, Salo.
What is the primary activity of Noratel Finland Oy?
The primary activity of Noratel Finland Oy is manufacture of electric motors, generators and transformers (industry code 27110).

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