Kesla

OverviewSuggest Edit

Kesla is a machine engineering company that specializes in the marketing and manufacturing of forestry and material handling technology. Its products include truck and stationary cranes, logging equipment, and tractor attachments.
TypePublic
Founded1960
HQJoensuu, FI
Websitekesla.com

Locations

Kesla is headquartered in
Joensuu, Finland

Location Map

Latest Updates

Employees (est.) (Dec 2020)220(-10%)
Revenue (FY, 2021)€45.5 M(+15%)
Share Price (Aug 2022)€4.3
Cybersecurity ratingBMore
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Key People/Management at Kesla

Simo Saastamoinen

Simo Saastamoinen

CEO
Veli-Matti Kärkkäinen

Veli-Matti Kärkkäinen

Vice Chairman of the Board
Sarita Kortelainen

Sarita Kortelainen

Chief Financial Officer
Ari Virtanen

Ari Virtanen

Member of the Board
Jouni Paajanen

Jouni Paajanen

Member of the Board
Vesa Tuomi

Vesa Tuomi

Chairman of the Board
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Kesla Office Locations

Kesla has offices in Joensuu, Ilomantsi, Kesälahti and Appenweier
Joensuu, FI (HQ)
Kuurnankatu 24
Ilomantsi, FI
Teollisuustie 8
Kesälahti, FI
Metsolantie 2
Appenweier, DE
Frankenweg 48
Show all (4)

Kesla Financials and Metrics

Kesla Revenue

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View revenue for all periods
Kesla's revenue was reported to be €45.47 m in FY, 2021
EUR

Revenue (FY, 2021)

45.5m

Gross profit (FY, 2021)

20.8m

Gross profit margin (FY, 2021), %

45.7%

Net income (FY, 2021)

1.7m

EBITDA (FY, 2021)

3.5m

EBIT (FY, 2021)

2.2m

Market capitalization (3-Aug-2022)

14.7m

Closing stock price (3-Aug-2022)

4.3

Cash (31-Dec-2021)

1.9m

EV

23.2m
Kesla's current market capitalization is €14.7 m.
Annual
EURFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

46.6m47.5m39.6m45.5m

Cost of goods sold

(23.9m)(25.3m)(22.0m)(24.8m)

Gross profit

22.7m22.2m17.7m20.8m

Gross profit Margin, %

49%47%45%46%
Half Year
EURH1, 2019H1, 2020H1, 2021

Revenue

24.8m19.8m21.0m

Cost of goods sold

(12.6m)(11.2m)(11.0m)

Gross profit

12.1m8.6m10.0m

Gross profit Margin, %

49%43%48%
Annual
EURFY, 2018FY, 2019FY, 2020FY, 2021

Cash

719.0k467.0k3.2m1.9m

Accounts Receivable

6.2m6.8m5.6m5.4m

Prepaid Expenses

341.0k280.0k926.0k

Inventories

15.2m16.3m13.1m16.0m
Half Year
EURH1, 2019H1, 2020H1, 2021

Cash

1.3m1.3m2.4m

Accounts Receivable

6.8m6.6m6.1m

Prepaid Expenses

9.0k26.0k

Inventories

17.1m14.3m14.7m
Annual
EURFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

1.2m950.0k303.0k1.7m

Inventories

(1.3m)(1.4m)3.3m(3.1m)

Accounts Payable

342.0k(798.0k)42.0k2.6m
Half Year
EURH1, 2019H1, 2020H1, 2021

Net Income

1.0m98.0k582.0k

Inventories

(1.3m)2.1m(1.6m)

Accounts Payable

1.4m(463.0k)2.0m
EURFY, 2018

Revenue/Employee

191.6k

Debt/Equity

0.9 x

Debt/Assets

0.4 x

Financial Leverage

2.6 x
Show all financial metrics

Kesla Revenue Breakdown

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Kesla revenue breakdown by business segment: 99.9% from MACHINERY AND SPARE PARTS and 0.1% from Other

Kesla revenue breakdown by geographic segment: 35.3% from REST OF WORLD, 34.8% from FINLAND and 29.9% from REST OF EUROPE

Kesla Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

Kesla Online and Social Media Presence

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Kesla Frequently Asked Questions

  • When was Kesla founded?

    Kesla was founded in 1960.

  • Who are Kesla key executives?

    Kesla's key executives are Simo Saastamoinen, Veli-Matti Kärkkäinen and Sarita Kortelainen.

  • How many employees does Kesla have?

    Kesla has 220 employees.

  • What is Kesla revenue?

    Latest Kesla annual revenue is €45.5 m.

  • What is Kesla revenue per employee?

    Latest Kesla revenue per employee is €206.7 k.

  • Who are Kesla competitors?

    Competitors of Kesla include Kurt Manufacturing, Deshazo and Xtek.

  • Where is Kesla headquarters?

    Kesla headquarters is located at Kuurnankatu 24, Joensuu.

  • Where are Kesla offices?

    Kesla has offices in Joensuu, Ilomantsi, Kesälahti and Appenweier.

  • How many offices does Kesla have?

    Kesla has 4 offices.