Business profile

The Switch Engineering Oy

The Switch Engineering Oy's registered office is Vaasa. It is a limited company. The company was established on 2006-07-10. It operates in the industry of manufacture of electric motors, generators and transformers. In its latest retained statement for 2025-12-31, revenue was €70,075,514 and operating profit was €3,302,472.

Claim profileContact details
Business ID 2046716-9ValidUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
2046716-9
Sector
Manufacture of electric motors, generators and transformers
Municipality
Vaasa
Company form
Limited company
Registration date
2006-07-10
Business ID registration date
2006-07-03
Business status
Valid
Profile ownership
Unclaimed company profile
Data source
Public registry data

Contact and location summary

Visiting address: Yrittäjänkatu 11, 65380, Vaasa

Phone: +358207838200Source observation

Email: [email protected]Source observation

Website: https://www.theswitch.comSource: registry data

Linkedin profile: https://www.linkedin.com/company/the-switch-energySource: company website

People and decision-makers

Reinikka Miika-MattiToimitusjohtaja

About The Switch Engineering Oy

Financial position and key figures for the company.

The Switch Engineering Oy's location municipality is Vaasa. It is a limited company. The company was established on 2006-07-10. It operates in the industry of manufacture of electric motors, generators and transformers. In its latest retained statement for 2025-12-31, revenue was €70,075,514 and operating profit was €3,302,472. The latest retained financial statement for 2025-12-31 shows revenue of €70,075,514 and profit for the financial year of €3,118,227. Based on the latest retained statement, revenue growth was -15.2%, operating margin was +4.7%, and equity ratio was +49.1%.

Auxiliary business names

Public alternate names materialized from source observations.

The Switch Drive SystemsThe Switch Engineering Corporation

Financial highlights

Key figures from the latest financial period.

Latest financial period

2025-12-31

Imported periods0
PRH parsed0
Profile sourceEnriched source observation
Derived indicators
Revenue growth-15.2%
Operating margin4.7%
Equity ratio49.1%
Balance-sheet contextLatest retained period snapshot
Employees151Previous: 144
Revenue trend4 periods
€4,842,046
2022-02-28
€4,334,864
2023-02-28
€82,661,489
2024-02-29
€70,075,514
2025-12-31
Operating profit (loss) trend4 periods
-€173,284
2022-02-28
-€8,195,305
2023-02-28
€1,902,860
2024-02-29
€3,302,472
2025-12-31
Profit (loss) for the financial year trend4 periods
-€5,611,857
2022-02-28
-€8,287,538
2023-02-28
€994,084
2024-02-29
€3,118,227
2025-12-31
Assets trend4 periods
€33,740,410
2022-02-28
€67,502,085
2023-02-28
€71,303,611
2024-02-29
€72,108,416
2025-12-31

Financial ratios

Financial ratios based on financial statement data. Source: Rikastettu lähdehavainto.

Equity ratioSatisfactory
61/100 · Improving
49.1 %2024-02-29: 43.3 %
Current ratioNot assessable
0/100 · Trend unavailable
Not available2024-02-29: Ei saatavilla
Operating profit marginSatisfactory
62/100 · Improving
4.7 %2024-02-29: 2.3 %
Ratio history
Ratio2022-02-282023-02-282024-02-292025-12-31
Equity ratio83.4 %29.4 %43.3 %49.1 %
Current ratio----
Operating profit margin-3.6 %-187.8 %2.3 %4.7 %

Registry status and identifiers

Verified registry memberships and identifiers from the latest retained YTJ snapshot.

YTJ statusValid
Trade RegisterRegistered
Business ID2046716-9
VAT IDFI20467169
EU IDFIFPRO.2046716-9
MunicipalityVaasa
Current registered entries
2006-07-01Registered in Tax Administration (Employer Register)
2006-07-01VAT-liable for business activity in Tax Administration (VAT Register)
2006-07-03Registered in Tax Administration (Prepayment Register)
2006-07-07Registered in Tax Administration (Tax Administration)
2006-07-10Registered in Patent and Registration Office (Trade Register)
2008-05-01VAT-obliged for the transfer of rights to use immovable property in Tax Administration (VAT Register)

Responsible people

Public role relationships materialized from source observations.

Reinikka Miika-MattiToimitusjohtajaSources: 3 · Confidence: 78%
Yuichi KomatsuHallitus: puheenjohtajaSources: 2 · Confidence: 76%
Fuyuki OgawaHallitus: varsinainen jäsenSources: 2 · Confidence: 76%
Daisuke NakauchiHallitus: varsinainen jäsenSources: 2 · Confidence: 76%
Reinikka Miika-MattiVarsinainen jäsenSources: 1 · Confidence: 78%
Yusuke OtaHallitus: varsinainen jäsenSources: 1 · Confidence: 76%
Mari KaasalainenPäävastuullinen tilintarkastajaSources: 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

Financial data includedNot a credit decision
B1
StableThe Switch Engineering Oy
Updated2026-08-24
ConfidenceMedium
Score68/100

The grade can use open digital financial statement data together with registry signals.

Risk context

When open digital financial statements are unavailable, BUSINESS.fi shows registry, industry, and regional context.

Industry riskelevated
40/100

Industry context is elevated based on normalized open statistical inputs.

Age and continuityVakiintunut
80/100

The company has about 20 years of registry continuity.

Registry and status signalsVakaa
85/100

Registry history, filing recency, and active register markings are still limited or mixed.

Registry timeline

Trade register notifications shown on a timeline.

33 register eventsLatest event: 2026-04-23

Profile source and ownership

Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2026-03-09.

This company profile has not been claimed yet

The Switch Engineering Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.