Vantaa Energy
is an ambitious circular economy energy company that wants to be at the forefront of building tomorrow’s solutions and accelerating the development of the circular economy.
Our goal is to be a carbon-negative circular economy energy company by 2030. We are constantly innovating to produce affordable, reliable, climate-friendly energy and energy-efficiency services for Vantaa homes and businesses today and tomorrow.
Vantaa Energy’s presentation as PowerPoint
Electricity networks
We need a reliable infrastructure to maintain a smooth supply of electricity and to keep Vantaa moving. Vantaa Energy Electricity Networks Ltd takes care of the construction, operation and maintenance of Vantaa’s electricity network. The company is fully owned by Vantaa Energy Ltd.
Financial key figures
| Group | 2022 | 2021 | 2020 |
|---|---|---|---|
| Turnover, EUR mill. | 299,5 | 275,9 | 217,5 |
| Operating profit, EUR mill. | 57,4 | 44,1 | 64,1 |
| % of turnover | 19,2 | 16,0 | 29,5 |
|
Return on equity (ROE),% |
0,7 | 9,3 | 18,5 |
| Equity ratio, % | 34,4 | 40,7 | 42,6 |
| Gross investments, EUR mill | 90,2 | 96,0 | 133,2 |
| % of turnover | 30,1 | 34,8 | 61,2 |
| Parent company | 2022 | 2021 | 2020 |
|---|---|---|---|
| Turnover, EUR mill. | 257,6 | 225,8 | 171,0 |
| Operating profit, EUR mill. | 35,0 | 37,1 | 48,0 |
| % of turnover | 13,6 | 16,4 | 28,1 |
| Return on equity (ROE),% | -5,9 | 9,8 | 19,6 |
| Equity ratio, % | 31,1 | 39,6 | 40,0 |
| Gross investments, EUR mill | 72,3 | 84,4 | 121,9 |
| % of turnover | 28,1 | 37,4 | 71,3 |