Financials
Corporate income tax
| Tax year | Taxable income | Taxes |
|---|
| 2024 | €7m | €1.4m |
| 2023 | €4.2m | €833.7k |
| 2022 | €3m | €594.4k |
| 2021 | €3.3m | €655.5k |
| 2020 | €3.7m | €747.2k |
Taxable income is a tax figure, not revenue or accounting profit. It can be zero for profitable companies, for example within a group.
Source: Finnish Tax Administration public tax data, CC BY 4.0. · Data and reuse
Compared with its industry
Industry: Manufacture of electrical equipment
The industry has 576 companies and 19,747 full-time equivalent employees. Staffing grew 1.2% in 2025.
| Industry |
|---|
| Revenue per employee | €434.8k |
|---|
| Operating margin | 9.4% |
|---|
| Average pay | €4,980/month |
|---|
| Change in staff | +1.2% (2025) |
|---|
Industry figures cover every company in the industry in 2025. Average pay is the wage bill per full-time equivalent, before tax, including bonuses.
Source: Statistics Finland, Structural business and financial statement statistics (CC BY 4.0) · data as of 2025 · Data and reuse
Sales to the public sector
Invoices paid to Norelco by public buyers that publish their purchases: the State and some cities and wellbeing services counties. Other buyers are not included.
€260.7kpaid in 2025
3 public buyers
- Municipalities
- Other public bodies
Largest buyers, all years
Tampereen yliopisto
€260.7kHelsinki
€140Kuopio
€68
Publishers report amounts with and without VAT, so treat the totals as approximate.
Sources: State Treasury, tutkihankintoja.fi purchase invoices (CC BY 4.0); Cities of Vantaa, Turku, Oulu, Jyväskylä and Kuopio; Pohjois-Savo and Varsinais-Suomi wellbeing services counties; HUS, Purchase invoice open data (CC BY 4.0) · data as of 2025 · Data and reuse
