Hyrles Oy
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Hyrles Oy - overview
Established
1989
Location
Lohja, -, Finland
Primary Industry
Materials
About
Hyrles Oy is a Finnish company specializing in advanced manufacturing solutions, focusing on electronics and mechanics for various industries, including medtech and defense, ensuring high-quality production with a commitment to innovation. Hyrles Oy, founded in 1989, is headquartered in Lohja, Finland. The company specializes in manufacturing solutions for a variety of sectors including industrial and medical technology. The leadership team includes CEO Pekka Vayrynen.
In 2007, Hyrles Oy was the target of financing from Helmet Venture Managers, although financial terms were not disclosed. Hyrles Oy provides comprehensive manufacturing solutions, primarily in electronics and mechanics for sectors such as industrial, medtech, defense, and maritime. Their core offerings include development and manufacturing services, design for manufacturing, prototyping, and product lifecycle management. Hyrles creates sophisticated electronic and mechanical products tailored to client specifications, with key markets in Europe, North America, and select regions in Asia, fostering partnerships with both established corporations and startups.
Hyrles Oy generates revenue through B2B engagements, focusing on long-term contracts with clients that cover projects from prototyping to full-scale production. Revenue is driven by negotiated pricing based on the services' complexity and scale, emphasizing high-value production for sectors like medtech and defense, supported by the company's reputation for quality and reliability. As of June 1, 2007, Hyrles Oy is planning to enhance its product offerings and expand into new markets. Future initiatives may utilize funding secured from the recent financing to support these ambitious growth strategies, although specific new products or timelines for market expansion have not been disclosed.
Current Investors
Helmet Capital
Primary Industry
Materials
Sub Industries
Steel & Metals
Website
www.hyrles.fi
Verticals
Manufacturing
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Hyrles Oy - financials
| Fiscal Year Ended | Dec 31, 2001 | Dec 31, 2002 | Dec 31, 2003 | Dec 31, 2004 | Dec 31, 2005 | Dec 31, 2006 | Dec 31, 2007 |
|---|---|---|---|---|---|---|---|
| Revenue (USD) | 37,241,477.9 | 5,581,367.3 | 6,797,172 | 8,510,494.6 | - | - | - |
| % Revenue Growth (YoY) | - | (85.0%) | 21.8% | 25.2% | - | - | - |
| EBITDA (USD) | 6,649,690.2 | 966,134.7 | 1,139,236.5 | 1,755,472.3 | - | - | - |
| Operating Income (USD) | 2,328,542.7 | 21,912.2 | 253,989 | 981,808.5 | - | - | - |
| Operating Margin | 6.3% | 0.4% | 3.7% | 11.5% | - | - | - |
| % EBITDA Margin | 17.9% | 17.3% | 16.8% | 20.6% | - | - | - |
| NET Income (USD) | 1,335.9 | 177.8 | 180,532.8 | 693,250.5 | - | - | - |
| % Net Margin | 0.0% | 0.0% | 2.7% | 8.1% | - | - | - |
Hyrles Oy - employee data


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