Teräsjaakko Oy is a limited company based in Helsinki, registered in 1974. In the financial year ending 31.12.2025, revenue was 2,2 M€ and operating profit 239 t€; equity ratio 71.8 %. Public buyers bought 12 t€ from it in 2022–2026; the largest buyer is Rikosseuraamuslaitos (Oikeusministeriön hallinnonala).
Revenue 20252,2 M€+44 % on the previous year
Operating profit239 t€10,8 % of revenue
Net profit237 t€EBITDA 193 t€
Equity ratio71,8 %quick ratio 1,75
Taxable income 20240 €
-100 % on the previous year
Income taxes 20240 €154 t€ in 2020–2024
In business52 yrsregistered 20.9.1974
Sales to public buyers12 t€2022–2026
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 |
|---|---|---|---|
| Revenue | 2,2 M€ | 1,5 M€ | 2,0 M€ |
| Revenue change | 43,8 % | -24,2 % | – |
| EBITDA | 193 t€ | -209 t€ | 105 t€ |
| EBITDA % | 8,7 % | -13,6 % | 5,2 % |
| Operating profit | 239 t€ | -290 t€ | 11 t€ |
| Operating margin | 10,8 % | -18,9 % | 0,6 % |
| Net profit | 237 t€ | -299 t€ | 18 € |
| Personnel costs | -660 t€ | 580 t€ | 667 t€ |
| Equity ratio | 71,8 % | 61,2 % | 74,8 % |
| Quick ratio | 1,75 | 0,99 | 1,62 |
| Current ratio | 2,69 | 1,89 | 2,99 |
| Debt to revenue | 14,1 % | 24,8 % | 16,2 % |
| Return on equity | 30,0 % | -49,8 % | 0,0 % |
| Balance sheet total | 1,1 M€ | 983 t€ | 1,3 M€ |
| Equity | 790 t€ | 601 t€ | 979 t€ |
| Cash and bank | 146 t€ | 0 € | 144 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.12.2025 | 31.12.2024 | 31.12.2023 | |
|---|---|---|---|
| Turnover | 2,2 M€ | 1,5 M€ | 2,0 M€ |
| Other operating income | 34 t€ | 0 € | – |
| Raw materials and services | 859 t€ | -811 t€ | -878 t€ |
| Personnel expenses | 660 t€ | -580 t€ | -667 t€ |
| Depreciations and reductions in value | 47 t€ | -80 t€ | -93 t€ |
| Other operating expenses | 434 t€ | -364 t€ | -380 t€ |
| Operating profit (loss) | 239 t€ | -290 t€ | 11 t€ |
| Financial income and expenses + (-) | 2 563 € | -9 410 € | -3 911 € |
| Profit (loss) before appropriations and taxes | 237 t€ | -299 t€ | 7 372 € |
| Income taxes | – | 0 € | -7 353 € |
| Profit (loss) for the financial year | 237 t€ | -299 t€ | 18 € |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | |
|---|---|---|---|
| Non-current assets | 259 t€ | 304 t€ | 390 t€ |
| Stocks | 299 t€ | 322 t€ | 421 t€ |
| Receivables | 410 t€ | 357 t€ | 354 t€ |
| Cash in hand and at banks | 146 t€ | 0 € | 144 t€ |
| Current assets | 854 t€ | 679 t€ | 918 t€ |
| Assets | 1,1 M€ | 983 t€ | 1,3 M€ |
| Share capital or other similar capital | 8 409 € | 8 409 € | 8 409 € |
| Capital and reserves | 790 t€ | 601 t€ | 979 t€ |
| Long-term liabilities | 6 026 € | 22 t€ | 22 t€ |
| Short-term liabilities | 317 t€ | 360 t€ | 307 t€ |
| Liabilities | 323 t€ | 382 t€ | 329 t€ |
All financial statement items (59)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | |
|---|---|---|---|
| Turnover | 2,2 M€ | 1,5 M€ | 2,0 M€ |
| Other operating income | 34 t€ | 0 € | – |
| Raw materials and services | 859 t€ | -811 t€ | -878 t€ |
| Personnel expenses | 660 t€ | -580 t€ | -667 t€ |
| Depreciations and reductions in value | 47 t€ | -80 t€ | -93 t€ |
| Other operating expenses | 434 t€ | -364 t€ | -380 t€ |
| Operating profit (loss) | 239 t€ | -290 t€ | 11 t€ |
| Financial income and expenses + (-) | 2 563 € | -9 410 € | -3 911 € |
| Profit (loss) before appropriations and taxes | 237 t€ | -299 t€ | 7 372 € |
| Income taxes | – | 0 € | -7 353 € |
| Profit (loss) for the financial year | 237 t€ | -299 t€ | 18 € |
| Non-current assets | 259 t€ | 304 t€ | 390 t€ |
| Stocks | 299 t€ | 322 t€ | 421 t€ |
| Receivables | 410 t€ | 357 t€ | 354 t€ |
| Cash in hand and at banks | 146 t€ | 0 € | 144 t€ |
| Current assets | 854 t€ | 679 t€ | 918 t€ |
| Assets | 1,1 M€ | 983 t€ | 1,3 M€ |
| Share capital or other similar capital | 8 409 € | 8 409 € | 8 409 € |
| Capital and reserves | 790 t€ | 601 t€ | 979 t€ |
| Long-term liabilities | 6 026 € | 22 t€ | 22 t€ |
| Short-term liabilities | 317 t€ | 360 t€ | 307 t€ |
| Liabilities | 323 t€ | 382 t€ | 329 t€ |
| Long-term liabilities to credit institutions | 6 026 € | 22 t€ | 22 t€ |
| Other current liabilities | 115 t€ | 199 t€ | 140 t€ |
| Wages and salaries | 549 t€ | -487 t€ | -552 t€ |
| Long-term receivables from Group companies | 160 t€ | 160 t€ | 160 t€ |
| Work in progress | 5 700 € | 11 t€ | 3 070 € |
| Inventory increase (+) or decrease (-) | 17 t€ | -108 t€ | -52 t€ |
| Pension expenses | 93 t€ | -81 t€ | -90 t€ |
| Short-term advances received | 12 t€ | 0 € | – |
| Tangible assets | 259 t€ | 296 t€ | 366 t€ |
| Intangible assets | 0 € | 8 672 € | 17 t€ |
| Shares and similar rights of ownership in subsidiaries | – | 0 € | 7 223 € |
| Depreciations according to plan | 47 t€ | -80 t€ | -93 t€ |
| Liabilities | 1,1 M€ | 983 t€ | 1,3 M€ |
| Other short-term receivables | 32 t€ | 0 € | 1 000 € |
| Current receivables from Group companies | 1 967 € | 50 t€ | 53 t€ |
| Investments | – | 0 € | 7 223 € |
| Buildings and structures, Owned | 197 t€ | 217 t€ | 240 t€ |
| Change in stocks of products + (-) | -5 787 € | 8 417 € | 1 070 € |
| Other social security expenses | 19 t€ | -13 t€ | -25 t€ |
| Land and water areas, Rental rights | 26 t€ | 29 t€ | 58 t€ |
| Other intangible assets | 0 € | 8 672 € | 17 t€ |
| Profit (loss) for the period, equity | 237 t€ | -299 t€ | 18 € |
| Services purchased | 159 t€ | -79 t€ | -116 t€ |
| Retained earnings | 545 t€ | 892 t€ | 970 t€ |
| Short-term liabilities to credit institutions | 8 035 € | 8 035 € | 8 035 € |
| Purchases during the financial year | 683 t€ | -624 t€ | -710 t€ |
| Finished products | 293 t€ | 310 t€ | 418 t€ |
| Impairment on investments for non-current assets | 0 € | -7 223 € | 0 € |
| Long-term receivables | 160 t€ | 160 t€ | 160 t€ |
| Short-term prepayments and accrued income | 9 798 € | 27 t€ | 3 957 € |
| Other interest and financial income from non-group companies | 200 € | 1 432 € | 769 € |
| Short-term accrued expenses and deferred income | 87 t€ | 86 t€ | 108 t€ |
| Short-term sales receivables | 206 t€ | 120 t€ | 136 t€ |
| Short-term receivables | 250 t€ | 197 t€ | 194 t€ |
| Interest expenses and other financial expenses for non-Group companies | 2 763 € | -3 619 € | -4 681 € |
| Machinery and equipment | 35 t€ | 50 t€ | 68 t€ |
| Short-term accounts payable | 94 t€ | 67 t€ | 52 t€ |
From financial statements filed digitally (XBRL) with the Finnish Patent and Registration Office; ratios calculated from them. Equity ratio = (equity + accumulated appropriations) / (balance sheet total − advances received).
Taxes
Taxable income is the profit as calculated for taxation, not revenue. Public data from the Finnish Tax Administration; figures for 2025 are published in November 2026.
Sales to public buyers
Largest buyers
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