Wallac Oy
OYActiveY-tunnus 0937168-4Mustionkatu 6, 20750 TurkuManufacture of medical and dental instruments and supplies· NACE 3250Est. 1993 · 33 years old562 employees
Loading company…
Overview
Wallac Oy is a Finnish OY based in Turku, operating in the Manufacture of medical and dental instruments and supplies sector. Incorporated in 1993, the company has 562 employees and reported revenue of €222.7m in its latest annual filing.
Revenue 2025
222.7M EUR
0% vs 2024
EBITDA margin
43.7 %
+3% vs 2024
Net profit 2025
7.3M EUR
+130% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
31.2 %
WeakAmong the 40% lowest rated companies in the industry
20212025
Liquidity ratioCurrent assets ÷ Short-term debt
0.9×
WeakAmong the 30% lowest rated companies in the industry
20212025
Return on assets (ROA)Net profit ÷ Total assets × 100
4.0 %
AverageAround the average of companies in the same industry
20212025
EBITDA — year on year
EUR millionsKey figures
Annual report 2025| Revenue | 222.7M EUR | 0% |
| EBITDA | 97.4M EUR | +3% |
| Net profit | 7.3M EUR | +130% |
| Total assets | 184.9M EUR | -1% |
| Equity | 57.7M EUR | +44% |
| Employees | 562 | — |
Company information
Legal name
Wallac Oy
Y-tunnus number
0937168-4
Legal form
Osakeyhtiö
NACE code
Founded
21 May 1993 · 33 years
Share capital
EUR 13,600
Employees
562 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Hallituksen puheenjohtaja ja toimitusjohtaja kumpikin yksin ja hallituksen jäsenet kaksi yhdessä
Company purpose
Yhtiön toimialana on valmistaa, ostaa ja myydä sähkö-, elektroniikka-, kuva- ja mekaanisia laitteita, diagnostisia ja analyysi-instrumentteja, laitteita ja koneita, diagnostisia määritysreagensseja sekä muita vastaavia tuotteita, tarvikkeita ja materiaaleja, harjoittaa konsultointi- ja neuvontapalveluja, harjoittaa tutkimus-, koe- ja kehitystoimintaa, omistaa ja hallita koti- ja ulkomaisia osakkeita, obligaatioita ja muita arvopapereita, omistaa, vuokrata ja hallita kiinteää omaisuutta ja harjoittaa muuta niihin liittyvää toimintaa sekä käydä kauppaa osakkeilla, obligaatioilla ja arvopapereilla.
(no translation available)
Address
Mustionkatu 6, 20750 Turku
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Financial development
In its most recent annual report (2025), Wallac Oy reported revenue of €222.7m, broadly in line with the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of €7.3m, and the EBITDA margin stood at 43.7%.
At the end of 2025, equity financed 31.2% of the balance sheet, and current assets covered short-term debt 0.9 times.
Financials
Revenue
EUR millionsEBITDA
EUR millionsIncome statement
EUR thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 222,704 | 223,077 | 216,904 | 255,898 | 372,407 |
| Staff expenses | -0 | -0 | -0 | -25,429 | -26,293 |
| EBITDA | 97,430 | 94,336 | 73,516 | 111,109 | 206,523 |
| Depreciation & amort. | -0 | -0 | -0 | -2,907 | -3,200 |
| EBIT | 97,430 | 94,336 | 73,516 | 108,202 | 203,323 |
| Net financials | -997 | -408 | 1,147 | 24,161 | -5,492 |
| Profit before tax | 6,435 | 3,930 | 9,664 | 54,101 | 50,391 |
| Tax | -887 | 741 | 317 | 21,780 | 40,630 |
| Net profit | 7,321 | 3,189 | 9,348 | 32,322 | 9,762 |
Get a credit rating – not just the numbers
Financial statements show the past. Risika gives you a score and a recommended credit limit, so you know what the numbers mean for your risk.
Balance sheet
EUR thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 184,931 | 185,895 | 206,688 | 238,203 | 364,121 |
| Equity | 57,658 | 40,136 | 46,947 | 69,607 | 48,436 |
| Long-term debt | 12,699 | 27,000 | 6,000,000 | 34,449 | 35,443 |
| Short-term debt | 114,571 | 118,753 | 9,963,361 | 134,147 | 280,242 |
| Total debt | 127,270 | 145,753 | 159,634 | 168,595 | 315,684 |
Financial ratios
5-year trendEBITDA margin
43.7 %
20212025
Equity ratio
31.2 %
WeakAmong the 40% lowest rated companies in the industry
20212025
Return on equity
12.7 %
AverageAround the average of companies in the same industry
20212025
Net profit margin
3.3 %
AverageAround the average of companies in the same industry
20212025
Asset turnover
1.20×
AverageAround the average of companies in the same industry
20212025
Debt / equity
2.21×
WeakAmong the 30% lowest rated companies in the industry
20212025
Sector performance
28 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginAverage
Around the average of companies in the same industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginVery strong
Among the 10% highest rated companies in the industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginAverage
Around the average of companies in the same industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Average
Around the average of companies in the same industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Average
Around the average of companies in the same industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Average
Around the average of companies in the same industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Very strong
Among the 10% highest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioVery strong
Among the 10% highest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioWeak
Among the 30% lowest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioWeak
Among the 30% lowest rated companies in the industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioWeak
Among the 30% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityWeak
Among the 30% lowest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalVery weak
Among the 20% lowest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioVery strong
Among the 10% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioWeak
Among the 40% lowest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioWeak
Among the 40% lowest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityWeak
Among the 30% lowest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityWeak
Among the 30% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtAverage
Around the average of companies in the same industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtStrong
Among the 30% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageVery strong
Among the 20% highest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtAverage
Around the average of companies in the same industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginAverage
Around the average of companies in the same industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverAverage
Around the average of companies in the same industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverAverage
Around the average of companies in the same industry
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Equity to contributed capitalVery strong
Among the 10% highest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityVery strong
Among the 20% highest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtStrong
Among the 40% highest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
- Annual report 2025Filed via PRH / YTJ · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via PRH / YTJ · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via PRH / YTJ · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via PRH / YTJ · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via PRH / YTJ · Period 2021-01-01 – 2021-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
PJ Chief Executive Officer | Chief Executive Officer | 2020 |
AC Person with significant control | Person with significant control | 2025 |
JA Person with significant control | Person with significant control | 2020 |
AP Person with significant control | Person with significant control | 2026 |
Former (9)
RC Person with significant control | Person with significant control | 2019 – 2020 |
HT Person with significant control | Person with significant control | 2017 – 2019 |
AK Person with significant control | Person with significant control | 2017 – 2022 |
RH | Audit | 2006 – 2019 |
PE Person with significant control | Person with significant control | 2017 – 2026 |
PT Person with significant control | Person with significant control | 2022 – 2025 |
LK | Audit | 2019 – 2023 |
TJ Person with significant control | Person with significant control | 2017 – 2019 |
PV Person with significant control | Person with significant control | 2017 – 2019 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
PJ Chairperson | Chairperson | 2022 |
JL Board of Directors | Board of Directors | 2022 |
MW Board of Directors | Board of Directors | 2023 |
Former (7)
DC Board of Directors | Board of Directors | 2018 – 2021 |
AP Chairperson | Chairperson | 2021 – 2022 |
DC Board of Directors | Board of Directors | 2018 – 2019 |
PR Chairperson | Chairperson | 2018 – 2020 |
AC Board of Directors | Board of Directors | 2018 – 2020 |
MT Chairperson | Chairperson | 2020 – 2021 |
JL Board of Directors | Board of Directors | 2019 – 2023 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2023 |
One in three Danish companies experiences fraud
Sound familiar? See how to strengthen your defences and catch suspicious changes in ownership and management in time.
Related companies
Company hierarchy
Revvity Oy100%
Wallac Oy (this company)Revvity Finland Oy100% ownedRevvity Sverige AB100% ownedRevvity Norge AS100% ownedPerkinElmer Sverige AB100% ownedPerkinElmer Norge AS100% ownedRevvity Danmark A/S100% ownedPerkinElmer Danmark A/S100% ownedRevvity IVD Pte Ltd.100% ownedPerkinElmer IVD Pte Ltd.100% ownedBoard network connections
Board members of Wallac Oy also hold positions in 28 other companies.
| Person | Role here | Other companies |
|---|---|---|
| John Leo Healy | Board of Directors | 5 companies |
| Petri Juhani Kallio | Chief Executive Officer | 3 companies |
| Atte Kristian Auranen | Person with significant control | 3 companies |
| Anna Carina Godenhjelm | Person with significant control | 3 companies |
| Mark William March | Board of Directors | 3 companies |
| Robert Håkan Kajander | Audit | 2 companies |
| Petra Therese Furu | Person with significant control | 2 companies |
| Rina Carolina Wahlroos | Person with significant control | 1 company |
| Hanna Tellervo Halme | Person with significant control | 1 company |
| Pia Elena Tuittila | Person with significant control | 1 company |
| Liisa Kaarina Mäkikangas | Audit | 1 company |
| Janne Aleksi Seppälä | Person with significant control | 1 company |
| Tero Juhani Korpi | Person with significant control | 1 company |
| Antti Pellervo Pitkänen | Person with significant control | 1 company |
Frequently asked questions
What is the Y-tunnus number of Wallac Oy?
Wallac Oy is registered with PRH / YTJ under Y-tunnus 0937168-4.
What is the revenue of Wallac Oy?
Wallac Oy reported revenue of €222.7m in 2025.
How many employees does Wallac Oy have?
Wallac Oy employs 562 people as of the latest annual report.
Who is the CEO of Wallac Oy?
Petri Juhani Kallio is the CEO of Wallac Oy, in role since 2020.
Who is the chairman of Wallac Oy?
Petri Juhani Kallio chairs the board of Wallac Oy, in role since 2022.
Where is Wallac Oy headquartered?
Wallac Oy's registered address is Mustionkatu 6.