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Lappset Group Ltd is a financially stable Finnish business, which has the second highest AA credit rating. On this page you can browse our financial reports.


Business ID and e-invoicing address

Please look after the environment and send us your bills electronically!

Lappset Group Ltd’s e-invoicing operator is Pagero Oy, whose operator ID is 003723609900 or PAGERO.

Business ID: 9126694-6
E-invoicing address: 003791266946

If you are unable to produce e-invoices, you can use our billing portal. Lappset Group Ltd has a billing portal provided by Pagero Oy. Instructions for logging in and using the service as well as contact details can be found at The portal can be used to produce invoices free of charge, and the project code is FreePortal_Lappset.

For more information about submitting e-invoices and saving the e-invoicing address in your system, contact your own e-invoicing operator’s customer service, your bank or your accountant. The routing of e-invoices between different operators is described on the Finnish Information Society Development Centre’s website at 

Our accounts department is happy to provide more information. Contact us!

Financial report
73 MEURConsolidated turnover 2019
47.3 %Equity ratio 2019
3.9 MEUROperating profit 2019

Lappset Group achieves the highest turnover of its 50-year history in 2019

  Last year, Lappset partnered with Moomin Characters, a worldwide familiar children's brand, to create Moomin themed playgrounds. Photo: Antti Kurola/Lappset's image bank.
  The Flora range is one of the most popular product series for play. Made of Northern pine, it fits in many different locations and climate conditions. This picture is from Melbourne, Australia.

The turnover for the Lappset Group increased by 15% compared to the previous year, with all three business sectors experiencing a growth in turnover. The Group’s consolidated turnover for the 2019 financial year was 73 million euros, with the turnover for 2018 being 63.5 million euros. Thanks to a growth in sales and enhancement of operations, the turnover for the Group took a positive trend. Net profit was 3.9 million euros, compared to 2.9 million euros in 2018. The net profit rate for 2019 was 5.3%. Last year’s turnover was the highest in the 50-year history of the Group and the second-best net profit.

Read more on our news release.