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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

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

Financial Statement 2022