Winding Development Oy
Winding Development Oy is a Finnish limited company (Oy), listed in the Finnish Trade Register since 09.05.2018. Primary activity is manufacture of electric motors, generators and transformers (TOL 27110). The company is located in Vaasa.
Overview
About the company
Winding Development Oy is a Finnish limited company (Oy), listed in the Finnish Trade Register since 09.05.2018. Primary activity is manufacture of electric motors, generators and transformers (TOL 27110). The company is located in Vaasa.
Basic data
- Business name
- Winding Development Oy
- Registry code
- 2909372-2
- Legal form
- Limited company (Oy)
- Status
- Active
- First registration
- 09.05.2018
- Address
- Rauhankatu, 65100, Vaasa
- Primary activity (TOL)
- 27110 – Manufacture of electric motors, generators and transformers
- Website
- https://www.winding.fi
Financials
Revenue trend
Annual reports
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Revenue | 2,3 M€ | 3,6 M€ | 3,2 M€ | 3,2 M€ | 5,0 M€ |
| Operating profit | 149 k€ | 280 k€ | 231 k€ | 291 k€ | 475 k€ |
| Op. margin | 6.4 % | 7.8 % | 7.4 % | 9.0 % | 9.4 % |
| Growth | +38.7 % | +53.4 % | -11.9 % | +2.6 % | +56.1 % |
| Equity ratio | 10.0 % | 20.0 % | 20.0 % | 20.0 % | 20.0 % |
| Employees | 34 | – | 45 | 37 | 50 |
| Balance sheet | 899 k€ | 1,1 M€ | 882 k€ | 1,2 M€ | 1,5 M€ |
Tax data 2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Taxable income | 81 k€ | 142 k€ | 275 k€ | 227 k€ | 284 k€ |
| Tax assessed | 16 k€ | 29 k€ | 56 k€ | 46 k€ | 58 k€ |
| Effective tax rate | 20.31 % | 20.33 % | 20.34 % | 20.33 % | 20.34 % |
| Tax refund | – | – | – | – | – |
| Back-tax owed | 16 k€ | 29 k€ | 56 k€ | 17 k€ | 2 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 Winding Development Oy
Winding Development Oy (Business ID 2909372-2) is a Finnish limited company (Oy), registered in the Trade Register on 09.05.2018. Latest reported revenue is 5,0 M€ (2025), with about 50 employees, based in Vaasa.
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