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Elset Oy
OY
Active
Y-tunnus 3409539-4
Miilumäentie 2
Economic activity was not specified by tax authority · NACE 0000
Est. 2023
1 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2025
EUR 88K
+430% vs 2024
EBITDA margin
11.8%
+61% vs 2024
Equity ratio
17.2%
Financial strength
Net profit 2025
EUR 4K
+308% vs 2024
EBITDA — year on year
EUR millions
0M
-0M
-1M
-1M
-1M
0M
2024
0M
0%
2025
Key figures
Annual report 2025
Revenue
EUR 88K
+430%
EBITDA
EUR 10K
+61%
Net profit
EUR 4K
+308%
Total assets
EUR 32K
+15%
Equity
EUR 6K
+408%
Employees
1
—
Company information
Legal name
Elset Oy
Y-tunnus number
3409539-4
Legal form
Osakeyhtiö
NACE code
0000 · Economic activity was not specified by tax authority
Founded
30. marraskuuta 2023
Share capital
EUR 0
Employees
1 (FTE)
VAT registered
No
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Toimitusjohtaja yksin
Company purpose
43210 Sähköasennus
Contact
Address
Miilumäentie 2
Phone
+3580400449998
Email
tom@elset.fi
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Companies in Economic activity was not specified by tax authority
Companies in Helsinki
All Finland companies
Revenue
EUR millions
0M
0M
1M
1M
1M
0M
2024
0M
2025
EBITDA
EUR millions
0M
0M
1M
1M
1M
0M
2024
0M
2025
Income statement
EUR thousands
Item
2024
2025
Revenue
17
88
Staff expenses
−2
−38
EBITDA
6
10
Depreciation & amort.
−4
−3
EBIT
2
7
Net financials
−1
−2
Profit before tax
1
6
Tax
0
1
Net profit
1
4
Balance sheet
EUR thousands
Item
2024
2025
Total assets
28
32
Equity
1
6
Long-term debt
20
17
Short-term debt
7
10
Total debt
27
27
Financial ratios
5-year trend
EBITDA margin
11.8%
This company
15.8%
Market median
-25% vs market
2024
2025
Equity ratio
17.2%
This company
38.2%
Market median
-55% vs market
2024
2025
Return on equity
80.3%
This company
18.4%
Market median
+336% vs market
2024
2025
Net profit margin
5.0%
This company
8.1%
Market median
-38% vs market
2024
2025
Asset turnover
2.75×
This company
1.12×
Market median
+146% vs market
2024
2025
Debt / equity
4.80×
This company
0.62×
Market median
-674% vs market
2024
2025
Annual reports & filings
Annual report 2025
Filed via PRH / YTJ · Period 2025-01-01 – 2025-12-31
View
PDF
Annual report 2024
Filed via PRH / YTJ · Period 2023-11-30 – 2024-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (2)
BH
Benjamin Hubert Gustav Widnäs
Deputy Member
Deputy Member
2023
TH
Tom Henrik Elf
Chief Executive Officer
Chief Executive Officer
2023
Board of directors
Non-executive oversight
No data on file.
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
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of Elset Oy also hold positions in
0
other companies.
Person
Role here
Other companies
Benjamin Hubert Gustav Widnäs
Deputy Member
0 companies
Tom Henrik Elf
Chief Executive Officer
0 companies