Risk grade updatedRisk gradeEvidence verified
8 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade A3.Business profile
Danfoss Drives Oy
Danfoss Drives Oy's registered office is Vaasa. It is a limited company. The company was established on 1999-02-02. It operates in the industry of manufacture of other electrical equipment. In its latest retained statement for 2025-12-31, revenue was €340,468,302 and operating profit was €46,371,652.
Business ID 1519966-5ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 1519966-5
- Sector
- Manufacture of other electrical equipment
- Municipality
- Vaasa
- Company form
- Limited company
- Registration date
- 1999-02-02
- Business ID registration date
- 1999-02-26
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Runsorintie 7, 65380, Vaasa
Phone: +3582012121Source observation
Website: https://www.danfoss.comSource observation
Instagram profile: https://www.instagram.com/DanfossInstallerLifeSource: company website
X profile: https://x.com/DanfossClimateSource: company website
Youtube profile: https://www.youtube.com/c/danfossSource: company website
Facebook profile: https://www.facebook.com/danfossSource: company website
Instagram profile: https://www.instagram.com/danfoss_groupSource: company website
X profile: https://x.com/danfossSource: company website
Linkedin profile: https://www.linkedin.com/company/danfossSource: company website
People and decision-makers
Kulju Mika PetteriToimitusjohtaja
Yliluoma Leena JohannaToimitusjohtajan sijainen
Kim FausingCEO
About Danfoss Drives Oy
Financial position and key figures for the company.
Danfoss Drives Oy's location municipality is Vaasa. It is a limited company. The company was established on 1999-02-02. It operates in the industry of manufacture of other electrical equipment. In its latest retained statement for 2025-12-31, revenue was €340,468,302 and operating profit was €46,371,652. The latest retained financial statement for 2025-12-31 shows revenue of €340,468,302 and profit for the financial year of €29,449,488. Based on the latest retained statement, revenue growth was +1.3%, operating margin was +13.5%, and equity ratio was +32.1%.
Auxiliary business names
Public alternate names materialized from source observations.
Vacon
Financial highlights
Key figures from the latest financial period.
Latest financial period
2025-12-31
0
0
Enriched source observation
Derived indicators
Revenue growth1.3%
Operating margin13.5%
Equity ratio32.1%
Revenue€340,468,302+€4,455,883 (+1.3%) vs previous periodPrevious: €336,012,419
Operating profit (loss)€46,371,652-€8,221,321 (-15.1%) vs previous periodPrevious: €54,592,973
Profit (loss) for the financial year€29,449,488-€10,145,321 (-25.6%) vs previous periodPrevious: €39,594,809
Assets€132,856,499-€18,411,586 (-12.2%) vs previous periodPrevious: €151,268,085
Balance-sheet contextLatest financial period
Employees793Previous: 815
Revenue trend4 periods
€256,196,196
2022-12-31
€366,380,671
2023-12-31
€336,012,419
2024-12-31
€340,468,302
2025-12-31
Operating profit (loss) trend4 periods
€23,080,797
2022-12-31
€73,595,965
2023-12-31
€54,592,973
2024-12-31
€46,371,652
2025-12-31
Profit (loss) for the financial year trend4 periods
€9,251,363
2022-12-31
€22,253,755
2023-12-31
€39,594,809
2024-12-31
€29,449,488
2025-12-31
Assets trend4 periods
€104,997,790
2022-12-31
€170,492,942
2023-12-31
€151,268,085
2024-12-31
€132,856,499
2025-12-31
Financial ratios
Financial ratios based on financial statement data. Source: Rikastettu lähdehavainto.
Equity ratioSatisfactory
40/100 · Improving
Current ratioNot assessable
0/100 · Trend unavailable
Operating profit marginGood
84/100 · Declining
Ratio history
| Ratio | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Equity ratio | 22.3 % | 26.8 % | 31.9 % | 32.1 % |
| Current ratio | - | - | - | - |
| Operating profit margin | 9.0 % | 20.1 % | 16.1 % | 13.5 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID1519966-5
VAT IDFI15199665
EU IDFIFPRO.1519966-5
MunicipalityVaasa
Current registered entries
1999-02-02Registered in Patent and Registration Office (Trade Register)
2000-05-30Registered in Tax Administration (Tax Administration)
2000-09-01Registered in Tax Administration (Employer Register)
2000-09-01VAT-liable for business activity in Tax Administration (VAT Register)
2000-09-18Registered in Tax Administration (Prepayment Register)
2004-01-01VAT-obliged for the transfer of rights to use immovable property in Tax Administration (VAT Register)
Responsible people
Public role relationships materialized from source observations.
Kulju Mika PetteriToimitusjohtajaSources: 4 · Confidence: 78%
Yliluoma Leena JohannaToimitusjohtajan sijainenSources: 2 · Confidence: 78%
Kim FausingCEOSources: 1 · Confidence: 78%
Domenico TraversoCEOSources: 1 · Confidence: 78%
Lundqvist AndreasPuheenjohtajaSources: 3 · Confidence: 78%
Kulju Mika PetteriVarsinainen jäsenSources: 2 · Confidence: 78%
Kumara Antti MikkoProkuristiSources: 1 · Confidence: 78%
Marjo Jari IlmariProkuristiSources: 1 · Confidence: 78%
Karsten Anders WesterlingPäävastuullinen tilintarkastajaSources: 1 · Confidence: 76%
Stahlschmidt AndersVarsinainen jäsenSources: 3 · Confidence: 78%
Norbert HanigovszkiDirector Technology, Dedicated and Machinery DrivesSources: 1 · Confidence: 76%
Risk certificate
An open-data based company stability and risk signal.
BUSINESS.fi
BUSINESS.fi Luottoluokitus
Profile-specific risk signal based on open data
Automatic gradeNot a credit decision
A3
GoodDanfoss Drives Oy
71/100
Medium
Strong financial evidenceFinancial data included
Financial development is mostly stable or mixed.
4 comparable periodsRevenueStable
SolvencyImproving
LiquidityNot enough history
National Tier 1 comparisonDescriptive comparison – does not change the model score.
186 peersSolvency35%
Below 65% of peers
Profitability73%
Better than 73% of peers
Revenue growth66%
Better than 66% of peers
Supporting factors
- Strong operating profitability
- Active registered status
- A newer financial statement filing has been reported
Risk factors to note
- Elevated industry distress context
A3
2026-10-08
open-risk-grade-v0.14
The grade can use open digital financial statement data together with registry signals.
Risk context
When sufficient source-backed financial metrics are not available for a Tier 1 assessment, BUSINESS.fi shows registry, industry, and regional context.
Industry riskelevated
43/100
Industry context is elevated based on normalized open statistical inputs.
Age and continuityVakiintunut
90/100
The company has about 27 years of registry continuity.
Registry and status signalsVakaa
84/100
Registry history, filing recency, and active register markings are still limited or mixed.
Events & news
Verified events and sourced external company news in one timeline.
Registry timeline
Trade register notifications shown on a timeline.
36 register eventsLatest event: 2026-06-04
Profile source and ownership
Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2026-01-22.
This company profile has not been claimed yet
Danfoss Drives Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.