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Addcomposites Oy
OY
Active
Y-tunnus 2856298-8
Sähkömiehentie 4-E148
Manufacture of plastics and rubber machinery · NACE 2896
Est. 2017
— employees
addcomposites.com
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Overview
Financials
People & ownership
Related companies
Revenue 2023
EUR 1,6M
+278% vs 2022
EBITDA margin
23.6%
+129% vs 2022
Equity ratio
39.9%
Financial strength
Net profit 2023
EUR 252K
+218% vs 2022
EBITDA — year on year
EUR millions
0M
-0M
-1M
-1M
-1M
0M
2019
0M
0%
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
Key figures
Annual report 2023
Revenue
EUR 1,6M
+278%
EBITDA
EUR 387K
+129%
Net profit
EUR 252K
+218%
Total assets
EUR 1M
+116%
Equity
EUR 414K
+154%
Employees
—
—
Company information
Legal name
Addcomposites Oy
Y-tunnus number
2856298-8
Legal form
Osakeyhtiö
NACE code
2896 · Manufacture of plastics and rubber machinery
Founded
15. syyskuuta 2017
Share capital
EUR 2 500
Employees
—
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Signatory rights
Hallituksen puheenjohtaja ja toimitusjohtaja kumpikin yksin ja hallituksen jäsenet kaksi yhdessä
Company purpose
Yhtiön toimialana on kaikki laillinen liiketoiminta
Contact
Address
Sähkömiehentie 4-E148
Phone
+358503305201
Email
info@addcomposites.com
Website
addcomposites.com
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Companies in Manufacture of plastics and rubber machinery
Companies in Espoo
All Finland companies
Revenue
EUR millions
0M
1M
1M
2M
2M
0M
2019
0M
2020
0M
2021
0M
2022
2M
2023
EBITDA
EUR millions
0M
0M
1M
1M
1M
0M
2019
0M
2020
0M
2021
0M
2022
0M
2023
Income statement
EUR thousands
Item
2019
2020
2021
2022
2023
Revenue
52
224
378
433
1 637
Staff expenses
−83
−133
−177
−213
−427
EBITDA
13
21
12
169
387
Depreciation & amort.
−0
−5
−8
−33
−58
EBIT
13
16
3
136
329
Net financials
−0
−1
−4
−6
−12
Profit before tax
13
15
−1
130
317
Tax
−0
−0
−0
51
65
Net profit
13
15
−1
79
252
Balance sheet
EUR thousands
Item
2019
2020
2021
2022
2023
Total assets
53
117
259
480
1 037
Equity
24
84
83
163
414
Long-term debt
25
23
73
221
319
Short-term debt
4
11
103
95
305
Total debt
29
34
177
316
623
Financial ratios
5-year trend
EBITDA margin
23.6%
This company
15.8%
Market median
+49% vs market
2019
2023
Equity ratio
39.9%
This company
38.2%
Market median
+4% vs market
2019
2023
Return on equity
60.8%
This company
18.4%
Market median
+230% vs market
2019
2023
Net profit margin
15.4%
This company
8.1%
Market median
+90% vs market
2019
2023
Asset turnover
1.58×
This company
1.12×
Market median
+41% vs market
2019
2023
Debt / equity
1.51×
This company
0.62×
Market median
-144% vs market
2019
2023
Annual reports & filings
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
Annual report 2019
Filed via PRH / YTJ · Period 2019-01-01 – 2019-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (2)
PL
Pravin Luthada
Chief Executive Officer
Chief Executive Officer
2017
EG
Emir Goletic
Deputy Chief Executive Officer
Deputy Chief Executive Officer
2017
Former (1)
LT
Lauri Tapio Lehtonen
Audit
Audit
2022 – 2023
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
ES
Erkka Samuli Strömberg
Chairperson
2018
VA
Vaibhav Ashwin Shah
Board of Directors
2018
Shareholders
As of last annual report
No shareholder data available.
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of Addcomposites Oy also hold positions in
0
other companies.
Person
Role here
Other companies
Pravin Luthada
Chief Executive Officer
0 companies
Lauri Tapio Lehtonen
Audit
0 companies
Emir Goletic
Deputy Chief Executive Officer
0 companies
Erkka Samuli Strömberg
Chairperson
0 companies
Vaibhav Ashwin Shah
Board of Directors
0 companies