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Pedersöre Vatten Ab

Limited company, Pännäinen. Water collection, treatment and supply.

Pedersöre Vatten Ab is a limited company based in Pedersören kunta, registered in 1969. In the financial year ending 31.12.2024, revenue was 2,2 M€ and operating profit 201 t€; equity ratio 34.0 %. Its taxable income in 2024 was 161 t€ and its income taxes 33 t€. Public buyers bought 65 t€ from it in 2022–2026; the largest buyer is Väylävirasto (Liikenne- ja viestintäministeriön hallinnonala).

Revenue 20242,2 M€+6 % on the previous year
Operating profit201 t€9,0 % of revenue
Net profit130 t€EBITDA 589 t€
Equity ratio34,0 %quick ratio 2,79
Taxable income 2024161 t€ top quarter of its industry
Income taxes 202433 t€134 t€ in 2020–2024
In business57 yrsregistered 2.5.1969
Sales to public buyers65 t€2022–2026

Financials

2,1 M€2,1 M€2,2 M€2,2 M€202 t€41 t€201 t€88 t€102 t€130 t€202220232024
RevenueOperating profitNet profit
Key figures31.12.202431.12.202331.12.2022
Revenue2,2 M€2,1 M€2,1 M€
Revenue change6,4 %0,9 %–
EBITDA589 t€390 t€543 t€
EBITDA %26,5 %18,6 %26,2 %
Operating profit201 t€41 t€202 t€
Operating margin9,0 %1,9 %9,7 %
Net profit130 t€102 t€88 t€
Personnel costs552 t€483 t€296 t€
Equity ratio34,0 %33,8 %34,5 %
Quick ratio2,793,543,94
Current ratio3,103,684,12
Debt to revenue291,3 %315,3 %299,4 %
Return on equity3,9 %3,0 %2,7 %
Balance sheet total9,8 M€10,0 M€9,5 M€
Equity3,3 M€3,4 M€3,3 M€
Cash and bank414 t€1,6 M€529 t€

Balance sheet

9,5 M€10,0 M€9,8 M€9,8 M€3,3 M€3,4 M€3,3 M€529 t€1,6 M€414 t€202220232024
Balance sheet totalEquityCash
Income statement and balance sheet

Income statement

31.12.202431.12.202331.12.2022
Turnover2,2 M€2,1 M€2,1 M€
Other operating income162 t€125 t€0 €
Raw materials and services-1,1 M€-1,2 M€-1,1 M€
Personnel expenses-552 t€-483 t€-296 t€
Depreciations and reductions in value-388 t€-349 t€-341 t€
Other operating expenses-396 t€-329 t€-298 t€
Operating profit (loss)201 t€41 t€202 t€
Financial income and expenses + (-)4 913 €73 t€-78 t€
Profit (loss) before appropriations and taxes206 t€114 t€124 t€
Income taxes-32 t€-12 t€-36 t€
Profit (loss) for the financial year130 t€102 t€88 t€

Balance sheet

31.12.202431.12.202331.12.2022
Non-current assets8,1 M€7,2 M€7,1 M€
Stocks173 t€107 t€107 t€
Receivables1,2 M€1,1 M€1,1 M€
Cash in hand and at banks414 t€1,6 M€529 t€
Current assets1,8 M€2,7 M€2,4 M€
Assets9,8 M€10,0 M€9,5 M€
Share capital or other similar capital54 t€54 t€54 t€
Capital and reserves3,3 M€3,4 M€3,3 M€
Appropriations58 t€14 t€14 t€
Long-term liabilities5,9 M€5,9 M€5,6 M€
Short-term liabilities569 t€742 t€589 t€
Liabilities6,5 M€6,6 M€6,2 M€
All financial statement items (61)
31.12.202431.12.202331.12.2022
Turnover2,2 M€2,1 M€2,1 M€
Other operating income162 t€125 t€0 €
Raw materials and services-1,1 M€-1,2 M€-1,1 M€
Personnel expenses-552 t€-483 t€-296 t€
Depreciations and reductions in value-388 t€-349 t€-341 t€
Other operating expenses-396 t€-329 t€-298 t€
Operating profit (loss)201 t€41 t€202 t€
Financial income and expenses + (-)4 913 €73 t€-78 t€
Profit (loss) before appropriations and taxes206 t€114 t€124 t€
Income taxes-32 t€-12 t€-36 t€
Profit (loss) for the financial year130 t€102 t€88 t€
Non-current assets8,1 M€7,2 M€7,1 M€
Stocks173 t€107 t€107 t€
Receivables1,2 M€1,1 M€1,1 M€
Cash in hand and at banks414 t€1,6 M€529 t€
Current assets1,8 M€2,7 M€2,4 M€
Assets9,8 M€10,0 M€9,5 M€
Share capital or other similar capital54 t€54 t€54 t€
Capital and reserves3,3 M€3,4 M€3,3 M€
Appropriations58 t€14 t€14 t€
Long-term liabilities5,9 M€5,9 M€5,6 M€
Short-term liabilities569 t€742 t€589 t€
Liabilities6,5 M€6,6 M€6,2 M€
Buildings and structures, Owned1,3 M€7,0 M€6,8 M€
Purchases during the financial year-651 t€-645 t€-548 t€
Short-term receivables1,2 M€1,1 M€1,1 M€
Short-term subordinated loans–0 €46 t€
Other short-term receivables24 t€7 987 €4 695 €
Profit (loss) for the period, equity130 t€102 t€88 t€
Tangible assets8,1 M€7,2 M€7,0 M€
Other long-term liabilities4,9 M€4,8 M€4,6 M€
Short-term accrued expenses and deferred income90 t€60 t€56 t€
Interest expenses and other financial expenses for non-Group companies-30 t€-32 t€-40 t€
Shares and holdings–0 €702 t€
Other shares and similar rights of ownership15 t€15 t€15 t€
Reductions in value of shares and holdings in current assets–0 €-57 t€
Production for own use248 t€195 t€153 t€
Other social security expenses-9 400 €-11 t€-6 259 €
Increase (decrease) in deprecation difference-44 t€0 €–
Short-term sales receivables1,1 M€1,0 M€1,1 M€
Income from other investments under non-current assets, from other companies30 €30 €30 €
Depreciations according to plan-388 t€-349 t€-341 t€
Other current liabilities198 t€103 t€142 t€
Inventory increase (+) or decrease (-)66 t€-7 877 €6 184 €
Short-term accounts payable281 t€578 t€344 t€
Other shares and holdings–0 €702 t€
Depreciation difference58 t€14 t€14 t€
Retained earnings1,0 M€1,1 M€1,1 M€
Machinery and equipment163 t€160 t€193 t€
Long-term subordinated loans1,0 M€1,1 M€1,1 M€
Wages and salaries-463 t€-403 t€-248 t€
Other interest and financial income from non-group companies35 t€105 t€20 t€
Land and water areas, Owned20 t€20 t€20 t€
Investments15 t€15 t€15 t€
Other tangible assets6,5 M€66 t€42 t€
Pension expenses-79 t€-69 t€-42 t€
Materials and supplies173 t€107 t€107 t€
Services purchased-515 t€-558 t€-549 t€
Liabilities9,8 M€10,0 M€9,5 M€
Statutory reserves2,1 M€2,1 M€2,1 M€
Short-term prepayments and accrued income7 043 €31 t€537 €

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

57 t€205 t€181 t€56 t€161 t€161 t€20202021202220232024

Measured by taxable income, Pedersöre Vatten Ab is in the top quarter of the industry class water collection, treatment and supply (192 companies with taxable income; median 4 783 €, 34 times the median).

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

64 t€447 €319 €112 €157 €157 €20222023202420252026

Largest buyers

  • Väylävirasto Liikenne- ja viestintäministeriön hallinnonala65 t€

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