Velco Oy

Velco Oy

Velco Oy is a Finnish limited company (Oy), listed in the Finnish Trade Register since 31.01.2019. Primary activity is other specialised retail sale of hardware, building materials and glass (TOL 47529). The company is located in Helsinki.

Founded 31.01.2019 Limited company (Oy) Helsinki, 00390 11 employees velco.fi
Other specialised retail sale of hardware, building materials and glass

Overview

Revenue
2,5 M€
2024
Employees
11
2024
Operating profit
411 k€
16.6% margin
2024
Equity ratio
70.0%
2024

About the company

Velco Oy is a Finnish limited company (Oy), listed in the Finnish Trade Register since 31.01.2019. Primary activity is other specialised retail sale of hardware, building materials and glass (TOL 47529). The company is located in Helsinki.

Basic data

Business name
Velco Oy
Registry code
2942133-5
Legal form
Limited company (Oy)
Status
Active
First registration
31.01.2019
Address
Konalantie, 00390, Helsinki
Primary activity (TOL)
47529 – Other specialised retail sale of hardware, building materials and glass

Financials

Revenue trend

2,4 M€ 2020 2,2 M€ 2021 2,2 M€ 2022 2,4 M€ 2023 2,5 M€ 2024

Annual reports

  2020 2021 2022 2023 2024
Revenue 2,4 M€ 2,2 M€ 2,2 M€ 2,4 M€ 2,5 M€
Operating profit 559 k€ 348 k€ 304 k€ 360 k€ 411 k€
Op. margin 23.1 % 16.0 % 13.5 % 14.9 % 16.6 %
Growth +0.0 % -9.9 % +3.1 % +7.8 % +2.4 %
Equity ratio 80.0 % 80.0 % 70.0 % 80.0 % 70.0 %
Employees 8 10 10 10 11
Balance sheet 1,5 M€ 1,7 M€ 1,5 M€ 1,4 M€ 967 k€

Tax data 2020–2024

  2020 2021 2022 2023 2024
Taxable income 564 k€ 354 k€ 319 k€ 358 k€ 431 k€
Tax assessed 115 k€ 72 k€ 65 k€ 74 k€ 88 k€
Effective tax rate 20.34 % 20.34 % 20.34 % 20.72 % 20.34 %
Tax refund 17 k€
Back-tax owed 890 € 2 k€ 23 k€

Source: official public tax records.

Board and representatives

Active people registered in the official company register, by role.

Book a demo to view
Verify your account to see the data.
Request access

Location on map

The company's registered location: Helsinki.

About Velco Oy

Velco Oy (Business ID 2942133-5) is a Finnish limited company (Oy), registered in the Trade Register on 31.01.2019. Latest reported revenue is 2,5 M€ (2024), with about 11 employees, based in Helsinki.

FlowDial users get this company's full decision-maker list, contact details, tech stack, and financial history directly from the app. Sign in or try for free.

Frequently asked questions

What is the Business ID of Velco Oy?
The Business ID of Velco Oy is 2942133-5.
When was Velco Oy founded?
Velco Oy has been listed in the Finnish Trade Register since 31.01.2019, making the company about 7 years old.
What is Velco Oy's revenue?
The latest reported revenue of Velco Oy was 2,5 M€ in 2024.
How many employees does Velco Oy have?
According to the latest public annual report filings, Velco Oy has approximately 11 employees.
Where is Velco Oy located?
Velco Oy is registered at Konalantie, 00390, Helsinki.
What is the primary activity of Velco Oy?
The primary activity of Velco Oy is other specialised retail sale of hardware, building materials and glass (industry code 47529).

Similar companies

Looking for decision-makers in this segment?

FlowDial connects 500,000+ Finnish companies across hundreds of data fields. Filter, target, and export leads directly to your CRM.

Book a demo →