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Vacon Oyj - Detailed information

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Vacon Oyj

Business ID:	1519966-5
Company:	Vacon Oyj
Address:	Runsorintie 7
	FI-65380 Vaasa
County:	Länsi-Suomen lääni
Telephone:	+358 (0)201-2121
Fax:	+358 (0)201-212205
E-mail:	vacon@vacon.com
Website:	www.vacon.com

Chairman of the board:	Jan Inborr
Managing Director/CEO:	Vesa Laisi
Finances:	Mika Leppänen
Marketing:	Jarmo Tirkkonen
Purchasing Director:	Timo Harri
IT:	Jarkko Rintaluoma
Technology:	Timo Kasi
Personnel:	Tuula Hautamäki
Sales:	Jouko Liljeström
Production:	Jari Koskinen

Established:

1993

Stock-exchange listing:

Listed

Rank in the Nordic countries (incl. subsidiaries) by

Net turnover

rank: 1507

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Net profit	rank: 1192
Number of employees	rank: 1330
Total assets	rank: 3184

Industry sector:

B31

Manufacture of electrical machinery and apparatus n.e.c.

Activity code:

31100

Manufacture of electric motors, generators and transformers

Rank in industry in the Nordic countries by :

Net turnover

rank: 24

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Industry sector:	B31	Manufacture of electrical machinery and apparatus n.e.c.
Rank in industry in the Nordic countries by:
Total assets		rank: 27
Profitability		rank: 142
Solvency		rank: 226
Return on assets (ROA)		rank: 184
Return on equity (ROE)		rank: 321
Net profit		rank: 15
Number of employees		rank: 20

Closing information (x1000 EUR)
Fiscal year	200712 (consolidated)		200612 (consolidated)		200512 (consolidated)
Net turnover	232.187		186.449		149.928
- exports
Foreign sales
Financial expenses	1.049		699		371
Earnings before taxes	28.761		22.672		17.663
Total assets	123.166		86.887		75.965
Current assets	94.949		62.576		53.958
Current liabilities	37.599		30.201		29.905
Equity capital	62.922		52.961		42.813
- share capital	3.059		3.059		3.059
Employees (average)	772		618		533
- in Finland	772	100.0%	409	66.2%	332	62.3%
- abroad			209	33.8%	201	37.7%
Shareholders
Investments in fixed assets

Financial ratios
Solvency	51.1%	61.0%	56.4%
Turnover per employee	301	302	281
Earnings as % of turnover	12.4%	12.2%	11.8%
Return on assets (ROA)	24.2%	26.9%	23.7%
Current ratio	252.5%	207.2%	180.4%
Return on equity (ROE)	45.7%	42.8%	41.3%

Closing figures are converted from local currency to euros according to the exchange rate on closing date. Source for the exchange rates: Sveriges Riksbank

The closing information is gathered directly from the companies or from UC (Sweden), CreditInform (Norway), KOB (Denmark) and Asiakastieto (Finland).

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