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Varte Oy
OY
Active
Y-tunnus 0974176-1
Malmin Kauppatie 8, 00700
Helsinki
Construction of residential and non-residential buildings
·
NACE 4100
Est. 1992 · 33 years old
155 employees
www.varte.fi
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Finland
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Companies
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Construction of residential and non-residential buildings
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Varte Oy
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
EUR millions
193M
145M
97M
48M
0M
2020: 74M
74M
2020
2021: 115M (+55% vs 2020)
115M
+55%
2021
2022: 155M (+35% vs 2021)
155M
+35%
2022
2023: 125M (-19% vs 2022)
125M
-19%
2023
2024: 149M (+19% vs 2023)
149M
+19%
2024
EBITDA
EUR millions
11M
8M
6M
3M
0M
2020: 4M
4M
2020
2021: 9M (+125% vs 2020)
9M
+125%
2021
2022: 9M (0% vs 2021)
9M
0%
2022
2023: 5M (-44% vs 2022)
5M
-44%
2023
2024: 4M (-20% vs 2023)
4M
-20%
2024
Income statement
EUR thousands
Item
2024
2023
2022
2021
2020
Revenue
149 131
125 408
154 971
115 240
73 989
Staff expenses
−11 537
−11 288
−11 089
−9 790
−7 747
EBITDA
4 299
4 519
9 368
8 754
3 920
Depreciation & amort.
−1 002
−885
−932
−810
−667
EBIT
3 297
3 634
8 436
7 944
3 253
Net financials
1 143
1 878
1 696
1 084
778
Profit before tax
4 440
5 511
10 132
9 028
4 031
Tax
−1
767
850
1 506
235
Net profit
4 910
4 779
9 282
7 522
3 796
Balance sheet
EUR thousands
Item
2024
2023
2022
2021
2020
Total assets
63 942
60 170
46 721
58 710
30 854
Equity
30 160
27 984
25 687
19 588
13 113
Long-term debt
717
523
444
532
206
Short-term debt
32 885
31 262
20 336
38 441
17 233
Total debt
33 602
31 785
20 779
39 122
17 738
Financial ratios
5-year trend
EBITDA margin
2,9 %
This company
15,8 %
Market median
This company
Market median
82% below market
2020
2024
Equity ratio
47,2 %
This company
38,2 %
Market median
This company
Market median
24% above market
2020
2024
Return on equity
16,3 %
This company
18,4 %
Market median
This company
Market median
11% below market
2020
2024
Net profit margin
3,3 %
This company
8,1 %
Market median
This company
Market median
59% below market
2020
2024
Asset turnover
2,33×
This company
1,12×
Market median
This company
Market median
108% above market
2020
2024
Debt / equity
1,12×
This company
0,62×
Market median
This company
Market median
81% above market
2020
2024
Annual reports & filings
Annual report 2024
Filed via PRH / YTJ · Period 2023-10-01 – 2024-09-30
View
PDF
Annual report 2023
Filed via PRH / YTJ · Period 2022-10-01 – 2023-09-30
View
PDF
Annual report 2022
Filed via PRH / YTJ · Period 2021-10-01 – 2022-09-30
View
PDF
Annual report 2021
Filed via PRH / YTJ · Period 2020-10-01 – 2021-09-30
View
PDF
Annual report 2020
Filed via PRH / YTJ · Period 2019-10-01 – 2020-09-30
View
PDF
More on Varte Oy
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
