Helsingin Rauta Oy is a limited company based in Helsinki, registered in 1910. In the financial year ending 31.12.2022, revenue was 2,6 M€ and operating profit -231 t€; equity ratio -17.9 %. Public buyers bought 14 t€ from it in 2022–2025; the largest buyer is Stara-liikelaitos, Helsinki (Helsinki).
Revenue 20222,6 M€-14 % on the previous year
Operating profit-231 t€-9,0 % of revenue
Net profit-211 t€EBITDA -118 t€
Equity ratio-17,9 %quick ratio 0,22
Taxable income 20240 €
profit as taxed
Income taxes 20240 €0 € in 2020–2024
In business116 yrsregistered 12.2.1910
Sales to public buyers14 t€2022–2025
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2022 | 31.12.2021 | 1.1.2021 | 1.1.2020 |
|---|---|---|---|---|
| Revenue | 2,6 M€ | 3,0 M€ | 2,3 M€ | 3,2 M€ |
| Revenue change | -13,9 % | 27,7 % | -27,8 % | – |
| EBITDA | -118 t€ | 55 t€ | 48 t€ | -1,2 M€ |
| EBITDA % | -4,6 % | 1,8 % | 2,1 % | -36,8 % |
| Operating profit | -231 t€ | 53 t€ | -69 t€ | -1,3 M€ |
| Operating margin | -9,0 % | 1,8 % | -2,9 % | -41,2 % |
| Net profit | -211 t€ | -2 633 € | -178 t€ | -1,4 M€ |
| Personnel costs | 840 t€ | 994 t€ | 1,1 M€ | 1,3 M€ |
| Equity ratio | -17,9 % | -39,1 % | -37,9 % | -31,6 % |
| Quick ratio | 0,22 | 0,43 | 0,34 | 0,62 |
| Current ratio | 1,37 | 2,40 | 1,62 | 1,63 |
| Debt to revenue | 113,2 % | 99,2 % | 129,0 % | 83,6 % |
| Balance sheet total | 2,5 M€ | 2,1 M€ | 2,2 M€ | 2,1 M€ |
| Equity | -442 t€ | -831 t€ | -828 t€ | -650 t€ |
| Cash and bank | 38 t€ | 4 776 € | 104 t€ | 152 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.12.2022 | 31.12.2021 | 1.1.2021 | 1.1.2020 | |
|---|---|---|---|---|
| Turnover | 2,6 M€ | 3,0 M€ | 2,3 M€ | 3,2 M€ |
| Other operating income | 296 t€ | 511 t€ | 835 t€ | 396 t€ |
| Raw materials and services | -1,4 M€ | -1,7 M€ | -1,3 M€ | -2,5 M€ |
| Personnel expenses | -840 t€ | -994 t€ | -1,1 M€ | -1,3 M€ |
| Depreciations and reductions in value | -114 t€ | -1 407 € | -117 t€ | -143 t€ |
| Other operating expenses | -788 t€ | -837 t€ | -820 t€ | -784 t€ |
| Operating profit (loss) | -231 t€ | 53 t€ | -69 t€ | -1,3 M€ |
| Financial income and expenses + (-) | 21 t€ | -56 t€ | -110 t€ | -24 t€ |
| Profit (loss) before appropriations and taxes | -211 t€ | -2 633 € | -178 t€ | -1,4 M€ |
| Income taxes | – | – | 0 € | 4 826 € |
| Profit (loss) for the financial year | -211 t€ | -2 633 € | -178 t€ | -1,4 M€ |
Balance sheet
| 31.12.2022 | 31.12.2021 | 1.1.2021 | 1.1.2020 | |
|---|---|---|---|---|
| Non-current assets | 729 t€ | 763 t€ | 774 t€ | 940 t€ |
| Stocks | 1,5 M€ | 1,1 M€ | 1,1 M€ | 692 t€ |
| Receivables | 235 t€ | 239 t€ | 192 t€ | 272 t€ |
| Cash in hand and at banks | 38 t€ | 4 776 € | 104 t€ | 152 t€ |
| Current assets | 1,7 M€ | 1,4 M€ | 1,4 M€ | 1,1 M€ |
| Assets | 2,5 M€ | 2,1 M€ | 2,2 M€ | 2,1 M€ |
| Share capital or other similar capital | 167 t€ | 167 t€ | 167 t€ | 167 t€ |
| Capital and reserves | -442 t€ | -831 t€ | -828 t€ | -650 t€ |
| Long-term liabilities | 1,6 M€ | 2,4 M€ | 2,1 M€ | 2,0 M€ |
| Short-term liabilities | 1,3 M€ | 569 t€ | 872 t€ | 684 t€ |
| Liabilities | 2,9 M€ | 3,0 M€ | 3,0 M€ | 2,7 M€ |
All financial statement items (55)
| 31.12.2022 | 31.12.2021 | 1.1.2021 | 1.1.2020 | |
|---|---|---|---|---|
| Turnover | 2,6 M€ | 3,0 M€ | 2,3 M€ | 3,2 M€ |
| Other operating income | 296 t€ | 511 t€ | 835 t€ | 396 t€ |
| Raw materials and services | -1,4 M€ | -1,7 M€ | -1,3 M€ | -2,5 M€ |
| Personnel expenses | -840 t€ | -994 t€ | -1,1 M€ | -1,3 M€ |
| Depreciations and reductions in value | -114 t€ | -1 407 € | -117 t€ | -143 t€ |
| Other operating expenses | -788 t€ | -837 t€ | -820 t€ | -784 t€ |
| Operating profit (loss) | -231 t€ | 53 t€ | -69 t€ | -1,3 M€ |
| Financial income and expenses + (-) | 21 t€ | -56 t€ | -110 t€ | -24 t€ |
| Profit (loss) before appropriations and taxes | -211 t€ | -2 633 € | -178 t€ | -1,4 M€ |
| Income taxes | – | – | 0 € | 4 826 € |
| Profit (loss) for the financial year | -211 t€ | -2 633 € | -178 t€ | -1,4 M€ |
| Non-current assets | 729 t€ | 763 t€ | 774 t€ | 940 t€ |
| Stocks | 1,5 M€ | 1,1 M€ | 1,1 M€ | 692 t€ |
| Receivables | 235 t€ | 239 t€ | 192 t€ | 272 t€ |
| Cash in hand and at banks | 38 t€ | 4 776 € | 104 t€ | 152 t€ |
| Current assets | 1,7 M€ | 1,4 M€ | 1,4 M€ | 1,1 M€ |
| Assets | 2,5 M€ | 2,1 M€ | 2,2 M€ | 2,1 M€ |
| Share capital or other similar capital | 167 t€ | 167 t€ | 167 t€ | 167 t€ |
| Capital and reserves | -442 t€ | -831 t€ | -828 t€ | -650 t€ |
| Long-term liabilities | 1,6 M€ | 2,4 M€ | 2,1 M€ | 2,0 M€ |
| Short-term liabilities | 1,3 M€ | 569 t€ | 872 t€ | 684 t€ |
| Liabilities | 2,9 M€ | 3,0 M€ | 3,0 M€ | 2,7 M€ |
| Other social security expenses | -19 t€ | -22 t€ | -20 t€ | -23 t€ |
| Other interest and financial income from non-group companies | 652 € | 897 € | 176 € | 826 € |
| Short-term accrued expenses and deferred income | 132 t€ | 228 t€ | 246 t€ | 189 t€ |
| Tangible assets | 729 t€ | 763 t€ | 774 t€ | 940 t€ |
| Finished products | 1,1 M€ | 796 t€ | 894 t€ | 632 t€ |
| Pension expenses | -109 t€ | -127 t€ | -126 t€ | -177 t€ |
| Other long-term liabilities | 1,6 M€ | 1,6 M€ | 1,6 M€ | 1,8 M€ |
| Other tangible assets | 39 t€ | 35 t€ | 35 t€ | 0 € |
| Short-term liabilities to credit institutions | 963 t€ | 6 698 € | 30 t€ | 0 € |
| Inventory increase (+) or decrease (-) | 281 t€ | -75 t€ | 300 t€ | -1,1 M€ |
| Long-term liabilities to credit institutions | 9 968 € | 749 t€ | 500 t€ | 250 t€ |
| Liabilities | 2,5 M€ | 2,1 M€ | 2,2 M€ | 2,1 M€ |
| Machinery and equipment | 60 t€ | 60 t€ | 79 t€ | 54 t€ |
| Work in progress | 127 t€ | 154 t€ | 74 t€ | 23 t€ |
| Services purchased | -5 067 € | -6 935 € | -6 996 € | -7 680 € |
| Wages and salaries | -711 t€ | -845 t€ | -955 t€ | -1,1 M€ |
| Legal reserve | 1,5 M€ | 1,5 M€ | 1,5 M€ | 1,5 M€ |
| Buildings and structures, Owned | 584 t€ | 622 t€ | 614 t€ | 805 t€ |
| Other short-term receivables | 61 t€ | 61 t€ | 62 t€ | 63 t€ |
| Short-term prepayments and accrued income | 48 t€ | 49 t€ | 2 658 € | 21 t€ |
| Purchases during the financial year | -1,7 M€ | -1,6 M€ | -1,6 M€ | -1,4 M€ |
| Subordinated loan | 600 t€ | 0 € | – | – |
| Change in stocks of products + (-) | 59 t€ | 80 t€ | 123 t€ | -201 t€ |
| Short-term sales receivables | 126 t€ | 130 t€ | 128 t€ | 188 t€ |
| Profit (loss) for the period, equity | -211 t€ | -2 633 € | -178 t€ | -1,4 M€ |
| Land and water areas, Owned | 46 t€ | 46 t€ | 46 t€ | 82 t€ |
| Other current liabilities | 74 t€ | 164 t€ | 436 t€ | 326 t€ |
| Interest expenses and other financial expenses for non-Group companies | 20 t€ | -57 t€ | -110 t€ | -25 t€ |
| Retained earnings | -2,5 M€ | -2,5 M€ | -2,3 M€ | -945 t€ |
| Materials and supplies | 220 t€ | 169 t€ | 147 t€ | 37 t€ |
| Short-term accounts payable | 99 t€ | 170 t€ | 160 t€ | 169 t€ |
| Depreciations according to plan | -114 t€ | -1 407 € | -117 t€ | -143 t€ |
| Short-term receivables | 235 t€ | 239 t€ | 192 t€ | 272 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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