Lapuan Energia Oy is a limited company based in Lapua, registered in 1976. In the financial year ending 31.12.2024, revenue was 6,0 M€ and operating profit 274 t€; equity ratio 26.2 %. Public buyers bought 44 t€ from it in 2022–2026; the largest buyer is Väylävirasto (Liikenne- ja viestintäministeriön hallinnonala).
Financials
| Key figures | 31.12.2024 | 31.12.2023 |
|---|---|---|
| Revenue | 6,0 M€ | 6,0 M€ |
| Revenue change | -0,1 % | – |
| EBITDA | 905 t€ | 1,3 M€ |
| EBITDA % | 15,0 % | 21,5 % |
| Operating profit | 274 t€ | 439 t€ |
| Operating margin | 4,5 % | 7,3 % |
| Net profit | 23 t€ | 1 010 € |
| Personnel costs | 622 t€ | 614 t€ |
| Equity ratio | 26,2 % | 24,8 % |
| Quick ratio | 2,95 | 3,75 |
| Current ratio | 4,51 | 4,40 |
| Debt to revenue | 188,3 % | 202,4 % |
| Return on equity | 3,2 % | 0,1 % |
| Balance sheet total | 15,4 M€ | 16,3 M€ |
| Equity | 709 t€ | 686 t€ |
| Cash and bank | 1,4 M€ | 2,8 M€ |
Balance sheet
Income statement and balance sheet
Income statement
| 31.12.2024 | 31.12.2023 | |
|---|---|---|
| Turnover | 6,0 M€ | 6,0 M€ |
| Other operating income | 12 t€ | 6 884 € |
| Raw materials and services | -4,2 M€ | -3,7 M€ |
| Personnel expenses | -622 t€ | -614 t€ |
| Depreciations and reductions in value | -631 t€ | -859 t€ |
| Other operating expenses | -322 t€ | -395 t€ |
| Operating profit (loss) | 274 t€ | 439 t€ |
| Financial income and expenses + (-) | -216 t€ | -234 t€ |
| Profit (loss) before appropriations and taxes | 57 t€ | 205 t€ |
| Income taxes | -56 t€ | -2 425 € |
| Profit (loss) for the financial year | 23 t€ | 1 010 € |
Balance sheet
| 31.12.2024 | 31.12.2023 | |
|---|---|---|
| Non-current assets | 10,0 M€ | 10,1 M€ |
| Stocks | 1,9 M€ | 930 t€ |
| Receivables | 2,1 M€ | 2,4 M€ |
| Cash in hand and at banks | 1,4 M€ | 2,8 M€ |
| Current assets | 5,4 M€ | 6,2 M€ |
| Assets | 15,4 M€ | 16,3 M€ |
| Share capital or other similar capital | 91 t€ | 91 t€ |
| Capital and reserves | 709 t€ | 686 t€ |
| Appropriations | 3,3 M€ | 3,3 M€ |
| Long-term liabilities | 10,2 M€ | 10,8 M€ |
| Short-term liabilities | 1,2 M€ | 1,4 M€ |
| Liabilities | 11,4 M€ | 12,2 M€ |
All financial statement items (63)
| 31.12.2024 | 31.12.2023 | |
|---|---|---|
| Turnover | 6,0 M€ | 6,0 M€ |
| Other operating income | 12 t€ | 6 884 € |
| Raw materials and services | -4,2 M€ | -3,7 M€ |
| Personnel expenses | -622 t€ | -614 t€ |
| Depreciations and reductions in value | -631 t€ | -859 t€ |
| Other operating expenses | -322 t€ | -395 t€ |
| Operating profit (loss) | 274 t€ | 439 t€ |
| Financial income and expenses + (-) | -216 t€ | -234 t€ |
| Profit (loss) before appropriations and taxes | 57 t€ | 205 t€ |
| Income taxes | -56 t€ | -2 425 € |
| Profit (loss) for the financial year | 23 t€ | 1 010 € |
| Non-current assets | 10,0 M€ | 10,1 M€ |
| Stocks | 1,9 M€ | 930 t€ |
| Receivables | 2,1 M€ | 2,4 M€ |
| Cash in hand and at banks | 1,4 M€ | 2,8 M€ |
| Current assets | 5,4 M€ | 6,2 M€ |
| Assets | 15,4 M€ | 16,3 M€ |
| Share capital or other similar capital | 91 t€ | 91 t€ |
| Capital and reserves | 709 t€ | 686 t€ |
| Appropriations | 3,3 M€ | 3,3 M€ |
| Long-term liabilities | 10,2 M€ | 10,8 M€ |
| Short-term liabilities | 1,2 M€ | 1,4 M€ |
| Liabilities | 11,4 M€ | 12,2 M€ |
| Other social security expenses | -13 t€ | -16 t€ |
| Long-term receivables from Group companies | 1,0 M€ | 0 € |
| Other interest and financial income from non-group companies | 75 t€ | 91 t€ |
| Depreciation difference | 3,3 M€ | 3,3 M€ |
| Short-term accrued expenses and deferred income | 134 t€ | 127 t€ |
| Tangible assets | 9,8 M€ | 9,9 M€ |
| Pension expenses | -71 t€ | -83 t€ |
| Other long-term liabilities | 4,8 M€ | 4,7 M€ |
| Other tangible assets | 3,2 M€ | 3,2 M€ |
| Short-term liabilities to credit institutions | 570 t€ | 570 t€ |
| Inventory increase (+) or decrease (-) | 938 t€ | 260 t€ |
| Long-term liabilities to credit institutions | 5,4 M€ | 6,0 M€ |
| Liabilities | 15,4 M€ | 16,3 M€ |
| Increase (decrease) in deprecation difference | 21 t€ | -201 t€ |
| Machinery and equipment | 3,8 M€ | 3,6 M€ |
| Other interest and financial income from Group companies | 22 t€ | 0 € |
| Short-term loan receivables | 0 € | 1,0 M€ |
| Services purchased | -134 t€ | -433 t€ |
| Wages and salaries | -538 t€ | -516 t€ |
| Buildings and structures, Owned | 2,0 M€ | 2,2 M€ |
| Long-term accounts payable | 0 € | 94 t€ |
| Intangible assets | 64 t€ | 77 t€ |
| Retained earnings | 595 t€ | 594 t€ |
| Other short-term receivables | 16 t€ | 94 t€ |
| Short-term prepayments and accrued income | 127 t€ | 149 t€ |
| Intangible rights | 56 t€ | 62 t€ |
| Purchases during the financial year | -5,0 M€ | -3,6 M€ |
| Long-term receivables | 1,0 M€ | 0 € |
| Investments | 87 t€ | 87 t€ |
| Short-term sales receivables | 983 t€ | 1,2 M€ |
| Other shares and similar rights of ownership | 87 t€ | 87 t€ |
| Profit (loss) for the period, equity | 23 t€ | 1 010 € |
| Land and water areas, Owned | 836 t€ | 836 t€ |
| Other current liabilities | 28 t€ | 192 t€ |
| Other intangible assets | 7 299 € | 15 t€ |
| Interest expenses and other financial expenses for non-Group companies | -313 t€ | -325 t€ |
| Materials and supplies | 1,9 M€ | 930 t€ |
| Short-term accounts payable | 467 t€ | 521 t€ |
| Depreciations according to plan | -631 t€ | -859 t€ |
| Short-term receivables | 1,1 M€ | 2,4 M€ |
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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