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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 www.pagero.fi/lappset. 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 www.verkkolaskuosoite.fi. 

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

talous@lappset.com

Financial report
62 MEURConsolidated turnover 2021
42.3 %Equity ratio 2021
2.6 MEUROperating profit 2021

Lappset’s financial result clearly improved in 2021

Lappset Group Oy clearly improved its results after a difficult year of the COVID-19 pandemic. The Group’s turnover increased moderately at the end of the year to EUR 62 million (cf. 57.1 MEUR in 2020). Operating profit was EUR 2.6 million (4.2%), compared to a loss made in 2020 (-1.3%). Return on investment rose to 11.4% from -3.8% in the previous year. At the end of the year, the Group employed a total of 386 employees.

Turnover increased and the profit trend was positive despite the pandemic 

Compared to the previous year, the Group’s turnover grew by 8.7%. Group growth was experienced in Finland, in subsidiaries, and in the dealer network. Lappset Creative Works business unit, which is responsible for the business of theme parks, had net sales slightly less than the previous year. Thanks to a growth in sales, enhancement of operations, and the forecasting of purchases, the turnover for the Group developed positively.

“The growth in turnover can be characterised as moderate. The COVID-19 situation had a particular impact on the theme park projects that were practically frozen by the coronavirus almost all over the world. Now, however, the situation is changing, and the order book for different activity parks is filling up nicely. With playgrounds and sports areas, the pick-up of the market is reflected in a positive order book”, says CEO Tero Ylinenpää.