The Switch Engineering Oy
The Switch Engineering Oy is a Finnish limited company (Oy), listed in the Finnish Trade Register since 10.07.2006. Primary activity is manufacture of electric motors, generators and transformers (TOL 27110). The company is located in Vaasa.
Overview
About the company
The Switch Engineering Oy is a Finnish limited company (Oy), listed in the Finnish Trade Register since 10.07.2006. Primary activity is manufacture of electric motors, generators and transformers (TOL 27110). The company is located in Vaasa.
Basic data
- Business name
- The Switch Engineering Oy
- Registry code
- 2046716-9
- Legal form
- Limited company (Oy)
- Status
- Active
- First registration
- 10.07.2006
- Address
- Yrittäjänkatu, 65380, Vaasa
- Primary activity (TOL)
- 27110 – Manufacture of electric motors, generators and transformers
- Website
- https://www.theswitch.com
Financials
Revenue trend
Annual reports
| 2022 | 2023 | 2024 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Revenue | 4,8 M€ | 4,3 M€ | 63,2 M€ | 82,7 M€ | 70,1 M€ |
| Operating profit | -173284 € | -8195306 € | 1,9 M€ | 1,9 M€ | 3,3 M€ |
| Op. margin | -3.6 % | -189.1 % | 3.0 % | 2.3 % | 4.7 % |
| Growth | -6.7 % | -10.5 % | -8.3 % | +1806.9 % | -7.5 % |
| Equity ratio | 83.4 % | 32.1 % | 52.5 % | 50.1 % | 53.7 % |
| Employees | 12 | 10 | 146 | 143 | 155 |
| Balance sheet | 33,7 M€ | 67,5 M€ | 70,8 M€ | 72,2 M€ | 73,1 M€ |
Tax data 2023–2024
| 2023 | 2024 | |
|---|---|---|
| Taxable income | 0 € | 0 € |
| Tax assessed | 262 € | 15 k€ |
| Effective tax rate | – | – |
| Tax refund | – | – |
| Back-tax owed | 262 € | 15 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: Vaasa.
About The Switch Engineering Oy
The Switch Engineering Oy (Business ID 2046716-9) is a Finnish limited company (Oy), registered in the Trade Register on 10.07.2006. Latest reported revenue is 70,1 M€ (2025), with about 220 employees, based in Vaasa.
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