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Polar Electro Oy
OY
Active
Y-tunnus 0209911-2
Professorintie 5, 90440
Kempele
Manufacture of instruments and appliances for measuring, testing and navigation
· NACE 2651
Est. 1977 · 49 years old
972 employees
Share
Finland
/
Companies
/
Manufacture of instruments and appliances for measuring, testing and navigation
/
Polar Electro Oy
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
EUR millions
0M
18M
35M
53M
70M
61M
2020
57M
2021
39M
2022
34M
2023
33M
2024
EBITDA
EUR millions
0M
-9M
-18M
-26M
-35M
0M
2020
-5M
-500%
2021
-28M
-460%
2022
-18M
+36%
2023
-9M
+50%
2024
Income statement
EUR thousands
Item
2020
2021
2022
2023
2024
Revenue
61 399
56 527
39 023
34 133
32 838
Staff expenses
−23 640
−26 260
−28 229
−25 805
−24 969
EBITDA
−421
−4 883
−27 514
−17 626
−8 691
Depreciation & amort.
−2 886
−2 852
−2 203
−1 936
−1 966
EBIT
−3 307
−7 735
−29 717
−19 562
−10 656
Net financials
27 142
9 876
10 937
18 301
11 147
Profit before tax
26 267
3 228
−18 409
−858
983
Tax
−0
−0
−0
−1 716
−0
Net profit
26 267
3 228
−18 409
858
983
Balance sheet
EUR thousands
Item
2020
2021
2022
2023
2024
Total assets
64 620
50 839
38 389
46 422
44 789
Equity
33 532
35 235
16 172
11 064
12 047
Long-term debt
—
—
—
0
0
Short-term debt
29 636
14 212
20 954
30 295
27 820
Total debt
31 088
15 604
22 219
34 545
32 070
Financial ratios
5-year trend
EBITDA margin
-26.5%
This company
15.8%
Market median
-268% vs market
2020
2024
Equity ratio
26.9%
This company
38.2%
Market median
-30% vs market
2020
2024
Return on equity
8.2%
This company
18.4%
Market median
-55% vs market
2020
2024
Net profit margin
3.0%
This company
8.1%
Market median
-63% vs market
2020
2024
Asset turnover
0.73×
This company
1.12×
Market median
-35% vs market
2020
2024
Debt / equity
2.72×
This company
0.62×
Market median
-339% vs market
2020
2024
Annual reports & filings
Annual report 2024
Filed via PRH / YTJ · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via PRH / YTJ · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via PRH / YTJ · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via PRH / YTJ · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via PRH / YTJ · Period 2020-01-01 – 2020-12-31
View
PDF
More on Polar Electro Oy
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
