Riskpilot← Back to searchSign inGet full accessHelvar Oy Ab
OYActiveY-tunnus 1761136-9Keilaranta 5Manufacture of electric motors, generators and transformers · NACE 2711Est. 2002— employees
Revenue 2024
EUR 41,2M
-13% vs 2023
EBITDA margin
4.0%
-2% vs 2023
Equity ratio
20.6%
Financial strength
Net profit 2024
EUR 732K
+214% vs 2023
| Revenue | EUR 41,2M | -13% |
| EBITDA | EUR 1,6M | -2% |
| Net profit | EUR 732K | +214% |
| Total assets | EUR 20,3M | -43% |
| Equity | EUR 4,2M | -61% |
| Employees | — | — |
Legal name
Helvar Oy Ab
Y-tunnus number
1761136-9
Legal form
Osakeyhtiö
NACE code
2711 · Manufacture of electric motors, generators and transformers
Founded
22. huhtikuuta 2002
Share capital
EUR 1 000 000
Employees
—
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Hallituksen jäsen ja toimitusjohtaja yhdessä sekä hallituksen jäsenet kaksi yhdessä
Company purpose
Yhtiön toimialana on elektronisten laitteiden ja muiden teknisten tuotteiden kehitys, valmistus ja myynti, sovellusten, ohjelmistojen ja pilvipalveluiden tuottaminen ja tarjoaminen sekä niihin liittyvä muu liiketoiminta.
Address
Keilaranta 5
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 43 818 | 48 793 | 53 414 | 47 390 | 41 165 |
| Staff expenses | −9 793 | −11 402 | −13 187 | −14 224 | −10 637 |
| EBITDA | 2 756 | 2 788 | 2 376 | 1 686 | 1 648 |
| Depreciation & amort. | −707 | −614 | −527 | −989 | −564 |
| EBIT | 2 049 | 2 174 | 1 850 | 697 | 1 084 |
| Net financials | −2 | −251 | −166 | −34 | −74 |
| Profit before tax | 2 046 | 1 923 | 1 684 | −620 | 730 |
| Tax | 471 | 642 | 232 | −22 | −1 |
| Net profit | 1 576 | 1 281 | 1 452 | −642 | 732 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 25 529 | 24 155 | 37 015 | 35 761 | 20 349 |
| Equity | 8 430 | 8 711 | 9 162 | 10 676 | 4 195 |
| Long-term debt | 4 500 | — | 2 500 | 5 000 | 3 891 |
| Short-term debt | 12 065 | 13 891 | 23 959 | 18 797 | 12 118 |
| Total debt | 17 099 | 15 444 | 27 853 | 23 797 | 16 009 |
EBITDA margin
4.0%
This company
15.8%
Market median
-75% vs market
20202024
Equity ratio
20.6%
This company
38.2%
Market median
-46% vs market
20202024
Return on equity
17.4%
This company
18.4%
Market median
+5% vs market
20202024
Net profit margin
1.8%
This company
8.1%
Market median
-78% vs market
20202024
Asset turnover
2.02×
This company
1.12×
Market median
+80% vs market
20202024
Debt / equity
3.85×
This company
0.62×
Market median
-521% vs market
20202024
- Annual report 2024Filed via PRH / YTJ · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via PRH / YTJ · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via PRH / YTJ · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via PRH / YTJ · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via PRH / YTJ · Period 2020-01-01 – 2020-12-31
| Name | Role | Member since |
|---|---|---|
| Current (5) | ||
HT Confidential Clerk | Confidential Clerk | 2024 |
LK | Audit | 2018 |
JJ Confidential Clerk | Confidential Clerk | 2025 |
SA Confidential Clerk | Confidential Clerk | 2024 |
KV Chief Executive Officer | Chief Executive Officer | 2024 |
| Former (12) | ||
KI Confidential Clerk | Confidential Clerk | 2022 – 2024 |
TE Confidential Clerk | Confidential Clerk | 2017 – 2021 |
LJ Confidential Clerk | Confidential Clerk | 2024 – 2025 |
RV Confidential Clerk | Confidential Clerk | 2017 – 2025 |
MT Confidential Clerk | Confidential Clerk | 2022 – 2024 |
MH Confidential Clerk | Confidential Clerk | 2017 – 2021 |
Ae Chief Executive Officer | Chief Executive Officer | 2017 – 2024 |
KJ Confidential Clerk | Confidential Clerk | 2017 – 2024 |
TH Confidential Clerk | Confidential Clerk | 2017 – 2024 |
MM Confidential Clerk | Confidential Clerk | 2017 – 2019 |
PJ Confidential Clerk | Confidential Clerk | 2019 – 2025 |
TJ Confidential Clerk | Confidential Clerk | 2024 – 2025 |
| Name | Role | Member since |
|---|---|---|
| Current (5) | ||
| Board of Directors | 2018 | |
| Board of Directors | 2020 | |
| Chairperson | 2020 | |
| Board of Directors | 2018 | |
| Board of Directors | 2021 | |
| Former (3) | ||
| Chairperson | 2018 – 2020 | |
| Board of Directors | 2018 – 2020 | |
| Board of Directors | 2018 – 2024 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 100% | 100% | 2023 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Helvar Merca Oy Ab
Helvar Oy Ab (this company)Helvar Ltd, Iso-BritanniaHelvar GmbH, SaksaHelvar AB, RuotsiHelvar Kft, UnkariHelvar Pte Ltd, SingaporeBoard members of Helvar Oy Ab also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Kaisa Ilona Margit Tikka-Mustonen | Confidential Clerk | 0 companies |
| Henri Tapani Juslén | Confidential Clerk | 0 companies |
| Tommi Erkka Kristian Raivisto | Confidential Clerk | 0 companies |
| Lars Johan Fredrik Hellström | Confidential Clerk | 0 companies |
| Roger Valdemar Sandell | Confidential Clerk | 0 companies |
| Mika Tapani Tanttu | Confidential Clerk | 0 companies |
| Maarit Hannele Nurmi | Confidential Clerk | 0 companies |
| Adel el Hattab | Chief Executive Officer | 0 companies |
| Lauri Kristian Kallaskari | Audit | 0 companies |
| Kimmo Juhani Kallio | Confidential Clerk | 0 companies |
| Tom Harald Björkestam | Confidential Clerk | 0 companies |
| Markku Mauno Laine | Confidential Clerk | 0 companies |
| Pasi Juhani Niittymäki | Confidential Clerk | 0 companies |
| Johanna Jenny Helena Holmström | Confidential Clerk | 0 companies |
| Susanne Anita Lehtinen | Confidential Clerk | 0 companies |
| Tero Juhani Marjamäki | Confidential Clerk | 0 companies |
| Kim Vilhelm Långström | Chief Executive Officer | 0 companies |
| Arthur Stefan Aminoff | Board of Directors | 0 companies |
| Kai Olavi Öistämö | Chairperson | 0 companies |
| Catarina Ulrica Persdotter Molén Runnäs | Board of Directors | 0 companies |
| Carl Jonas Herman Geust | Chairperson | 0 companies |
| Philip Gustav Aminoff | Board of Directors | 0 companies |
| Ramin Baghaie Heravi | Board of Directors | 0 companies |
| Jörg Kessler | Board of Directors | 0 companies |
| Bob Esmeijer | Board of Directors | 0 companies |