Polar Electro Oy
Polar Electro Oy is a Finnish limited company (Oy), listed in the Finnish Trade Register since 21.01.1977. Primary activity is manufacture of instruments and appliances for measuring, testing and navigation (TOL 26510). The company is located in Kempele.
Overview
About the company
Polar Electro Oy is a Finnish limited company (Oy), listed in the Finnish Trade Register since 21.01.1977. Primary activity is manufacture of instruments and appliances for measuring, testing and navigation (TOL 26510). The company is located in Kempele.
Basic data
- Business name
- Polar Electro Oy
- Registry code
- 0209911-2
- Legal form
- Limited company (Oy)
- Status
- Active
- First registration
- 21.01.1977
- Address
- PROFESSORINTIE, 90440, Kempele
- Primary activity (TOL)
- 26510 – Manufacture of instruments and appliances for measuring, testing and navigation
- Website
- https://www.polar.com
Financials
Revenue trend
Annual reports
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Revenue | 61,4 M€ | 56,5 M€ | 39,0 M€ | 34,1 M€ | 32,8 M€ |
| Operating profit | -3307000 € | -7734600 € | -29717154 € | -19562418 € | -10656210 € |
| Op. margin | -5.4 % | -13.7 % | -76.2 % | -57.3 % | -32.5 % |
| Growth | +13.2 % | -7.9 % | -31.0 % | -12.5 % | -3.8 % |
| Equity ratio | 51.9 % | 69.3 % | 42.1 % | 33.0 % | 36.4 % |
| Employees | 383 | 401 | 423 | 406 | 363 |
| Balance sheet | 64,6 M€ | 50,8 M€ | 38,4 M€ | 46,4 M€ | 44,8 M€ |
Board and representatives
Active people registered in the official company register, by role.
Location on map
The company's registered location: Kempele.
About Polar Electro Oy
Polar Electro Oy (Business ID 0209911-2) is a Finnish limited company (Oy), registered in the Trade Register on 21.01.1977. Latest reported revenue is 32,8 M€ (2024), with about 972 employees, based in Kempele.
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