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kW-set Oy
OY
Dissolved
Y-tunnus 1925332-3
Hiekkakuopantie 5
Technical testing and analysis · NACE 7120
Est. 2004
— employees
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Overview
Financials
People & ownership
Related companies
Revenue 2020
EUR 6,9M
-27% vs 2019
EBITDA margin
6.5%
-11% vs 2019
Equity ratio
25.0%
Financial strength
Net profit 2020
EUR 170K
+34% vs 2019
EBITDA — year on year
EUR millions
1M
1M
1M
0M
0M
1M
2019
0M
-100%
2020
Key figures
Annual report 2020
Revenue
EUR 6,9M
-27%
EBITDA
EUR 449K
-11%
Net profit
EUR 170K
+34%
Total assets
EUR 4,7M
+11%
Equity
EUR 1,2M
+8%
Employees
—
—
Company information
Legal name
kW-set Oy
Y-tunnus number
1925332-3
Legal form
Osakeyhtiö
NACE code
7120 · Technical testing and analysis
Founded
19. lokakuuta 2004
Share capital
—
Employees
—
VAT registered
No
Audit selected
No
Last report
2020-02-29
Financial year
January – December
Contact
Address
Hiekkakuopantie 5
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Revenue
EUR millions
0M
3M
6M
9M
12M
10M
2019
7M
2020
EBITDA
EUR millions
0M
0M
1M
1M
1M
1M
2019
0M
2020
Income statement
EUR thousands
Item
2019
2020
Revenue
9 585
6 949
Staff expenses
−876
−925
EBITDA
506
449
Depreciation & amort.
−189
−184
EBIT
317
264
Net financials
−55
−49
Profit before tax
181
215
Tax
54
46
Net profit
127
170
Balance sheet
EUR thousands
Item
2019
2020
Total assets
4 230
4 714
Equity
1 093
1 179
Long-term debt
1 610
1 317
Short-term debt
1 526
2 218
Total debt
3 136
3 534
Financial ratios
5-year trend
EBITDA margin
6.5%
This company
15.8%
Market median
-59% vs market
2019
2020
Equity ratio
25.0%
This company
38.2%
Market median
-35% vs market
2019
2020
Return on equity
14.4%
This company
18.4%
Market median
+22% vs market
2019
2020
Net profit margin
2.4%
This company
8.1%
Market median
-70% vs market
2019
2020
Asset turnover
1.47×
This company
1.12×
Market median
+31% vs market
2019
2020
Debt / equity
3.00×
This company
0.62×
Market median
-384% vs market
2019
2020
Annual reports & filings
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
Management
Actively employed in the business
Name
Role
Member since
Former (4)
KR
Kari Ragnar Storgårds
Deputy auditor
Deputy auditor
2017 – 2020
MJ
Marko Juhani Nurmi
Chief Executive Officer
Chief Executive Officer
2007 – 2023
AK
Ari-Matti Korkeamäki
Audit
Audit
2017 – 2023
JA
Jose Adam Juhani Kautonen
Deputy auditor
Deputy auditor
2020 – 2023
Board of directors
Non-executive oversight
Name
Role
Member since
Former (2)
JS
Jukka Salomo Kauppinen
Board of Directors
2007 – 2023
JK
Jarkko Kalevi Hietaoja
Chairperson
2007 – 2023
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of kW-set Oy also hold positions in
0
other companies.
Person
Role here
Other companies
Kari Ragnar Storgårds
Deputy auditor
0 companies
Marko Juhani Nurmi
Chief Executive Officer
0 companies
Ari-Matti Korkeamäki
Audit
0 companies
Jose Adam Juhani Kautonen
Deputy auditor
0 companies
Jukka Salomo Kauppinen
Board of Directors
0 companies
Jarkko Kalevi Hietaoja
Chairperson
0 companies