Vestas Finland Oy

Vestas Finland Oy

Vestas Finland Oy is a Finnish limited company (Oy), listed in the Finnish Trade Register since 12.07.2011. Primary activity is construction of utility projects for electricity and telecommunications (TOL 42220). The company is located in Vaasa.

Founded 12.07.2011 Limited company (Oy) Vaasa, 65380 289 employees vestas.com
Construction of utility projects for electricity and telecommunications

Overview

Revenue
875,6 M€
2024
Employees
289
2024
Operating profit
2,5 M€
0.3% margin
2024
Equity ratio
4.6%
2024

About the company

Vestas Finland Oy is a Finnish limited company (Oy), listed in the Finnish Trade Register since 12.07.2011. Primary activity is construction of utility projects for electricity and telecommunications (TOL 42220). The company is located in Vaasa.

Basic data

Business name
Vestas Finland Oy
Registry code
2417840-1
Legal form
Limited company (Oy)
Status
Active
First registration
12.07.2011
Address
Yrittäjänkatu, 65380, Vaasa
Primary activity (TOL)
42220 – Construction of utility projects for electricity and telecommunications

Financials

Revenue trend

221,9 M€ 2020 797,2 M€ 2021 1051,8 M€ 2022 784,3 M€ 2023 875,6 M€ 2024

Annual reports

  2020 2021 2022 2023 2024
Revenue 221,9 M€ 797,2 M€ 1051,8 M€ 784,3 M€ 875,6 M€
Operating profit 1,1 M€ 1,3 M€ -470524 € 2,5 M€ 2,5 M€
Op. margin 0.5 % 0.2 % -0.0 % 0.3 % 0.3 %
Growth +47.0 % +259.2 % +31.9 % -25.4 % +11.6 %
Equity ratio 3.8 % 1.5 % 3.1 % 4.8 % 4.6 %
Employees 82 132 156 225 289
Balance sheet 362,5 M€ 548,5 M€ 355,5 M€ 263,1 M€ 217,2 M€

Tax data 2020–2024

  2020 2021 2022 2023 2024
Taxable income 496 k€ 1,1 M€ 3,5 M€ 1,8 M€ 2,9 M€
Tax assessed 101 k€ 224 k€ 710 k€ 369 k€ 581 k€
Effective tax rate 20.34 % 20.27 % 20.08 % 20.16 % 20.1 %
Tax refund 341 k€ 129 k€
Back-tax owed 10 k€ 126 k€ 485 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: Vaasa.

About Vestas Finland Oy

Vestas Finland Oy (Business ID 2417840-1) is a Finnish limited company (Oy), registered in the Trade Register on 12.07.2011. Latest reported revenue is 875,6 M€ (2024), with about 289 employees, based in Vaasa.

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Frequently asked questions

What is the Business ID of Vestas Finland Oy?
The Business ID of Vestas Finland Oy is 2417840-1.
When was Vestas Finland Oy founded?
Vestas Finland Oy has been listed in the Finnish Trade Register since 12.07.2011, making the company about 15 years old.
What is Vestas Finland Oy's revenue?
The latest reported revenue of Vestas Finland Oy was 875,6 M€ in 2024.
How many employees does Vestas Finland Oy have?
According to the latest public annual report filings, Vestas Finland Oy has approximately 289 employees.
Where is Vestas Finland Oy located?
Vestas Finland Oy is registered at Yrittäjänkatu, 65380, Vaasa.
What is the primary activity of Vestas Finland Oy?
The primary activity of Vestas Finland Oy is construction of utility projects for electricity and telecommunications (industry code 42220).

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