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The Switch Drive Systems Oy
OY
Dissolved
Y-tunnus 1054757-9
Salpausselänkatu 291, 53850
Lappeenranta
Engineering activities and related technical consultancy
·
NACE 7112
Est. 1996 · 29 years old
— employees
www.theswitch.com
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Companies
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Engineering activities and related technical consultancy
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The Switch Drive Systems Oy
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
EUR millions
0M
22M
45M
67M
90M
76M
2019
69M
2020
76M
2021
78M
2022
75M
2023
EBITDA
EUR millions
13M
5M
-2M
-9M
-16M
6M
2019
3M
-50%
2020
-13M
-533%
2021
10M
+177%
2022
5M
-50%
2023
Income statement
EUR thousands
Item
2019
2020
2021
2022
2023
Revenue
76 406
69 426
76 267
77 520
75 107
Staff expenses
−7 226
−7 023
−6 775
−7 561
−8 171
EBITDA
5 574
3 017
−12 956
9 883
4 748
Depreciation & amort.
−670
−877
−1 638
−1 690
−1 630
EBIT
4 904
2 140
−14 594
8 193
3 118
Net financials
−430
−661
−68
−5 097
−870
Profit before tax
4 449
1 508
−14 663
5 016
1 011
Tax
890
297
−2 605
597
−0
Net profit
3 559
1 211
−12 058
4 419
1 011
Balance sheet
EUR thousands
Item
2019
2020
2021
2022
2023
Total assets
43 757
54 093
46 888
47 019
50 538
Equity
11 538
12 727
5 670
8 998
−3 600
Long-term debt
745
117
141
187
4 530
Short-term debt
26 310
35 424
18 499
14 440
25 480
Total debt
32 218
41 365
41 218
38 021
30 011
Financial ratios
5-year trend
EBITDA margin
6.3%
This company
15.8%
Market median
-60% vs market
2019
2023
Equity ratio
-7.1%
This company
38.2%
Market median
-119% vs market
2019
2023
Return on equity
101093400.0%
This company
18.4%
Market median
+549420552% vs market
2019
2023
Net profit margin
1.3%
This company
8.1%
Market median
-84% vs market
2019
2023
Asset turnover
1.49×
This company
1.12×
Market median
+33% vs market
2019
2023
Debt / equity
15.04×
This company
0.62×
Market median
-2326% vs market
2019
2023
Annual reports & filings
Annual report 2023
Filed via PRH / YTJ · Period 2022-03-01 – 2023-02-28
View
PDF
Annual report 2022
Filed via PRH / YTJ · Period 2021-03-01 – 2022-02-28
View
PDF
Annual report 2021
Filed via PRH / YTJ · Period 2020-03-01 – 2021-02-28
View
PDF
Annual report 2020
Filed via PRH / YTJ · Period 2019-03-01 – 2020-02-29
View
PDF
Annual report 2019
Filed via PRH / YTJ · Period 2018-03-01 – 2019-02-28
View
PDF
More on The Switch Drive Systems Oy
Overview →
Headline figures, risk assessment and company summary
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Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
