Pudasjärven Vesiosuuskunta is a cooperative based in Pudasjärvi, registered in 1959. In the financial year ending 31.12.2024, revenue was 1,3 M€ and operating profit 31 t€; equity ratio 65.6 %. Its taxable income in 2024 was 9 867 € and its income taxes 1 973 €. Public buyers bought 5 223 € from it in 2023–2024; the largest buyer is Vammaispalvelut (Pohjois-Pohjanmaan hyvinvointialue).
Revenue 20241,3 M€+15 % on the previous year
Operating profit31 t€2,4 % of revenue
Net profit41 t€EBITDA 231 t€
Equity ratio65,6 %quick ratio 9,39
Taxable income 20249 867 €
upper half of its industry
Income taxes 20241 973 €12 t€ in 2020–2024
In business66 yrsregistered 20.11.1959
Sales to public buyers5 223 €2023–2024
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 |
|---|---|---|---|---|---|
| Revenue | 1,3 M€ | 1,1 M€ | 1,1 M€ | 1,1 M€ | 1,2 M€ |
| Revenue change | 15,0 % | 0,6 % | -0,3 % | -2,5 % | – |
| EBITDA | 231 t€ | 139 t€ | 312 t€ | 274 t€ | 136 t€ |
| EBITDA % | 17,5 % | 12,1 % | 27,3 % | 23,9 % | 11,6 % |
| Operating profit | 31 t€ | -47 t€ | 122 t€ | 89 t€ | -47 t€ |
| Operating margin | 2,4 % | -4,1 % | 10,7 % | 7,8 % | -4,0 % |
| Net profit | 41 t€ | -35 t€ | 41 t€ | 3 172 € | 2 475 € |
| Personnel costs | 435 t€ | 376 t€ | 310 t€ | 341 t€ | 331 t€ |
| Equity ratio | 65,6 % | 65,5 % | 66,7 % | 66,0 % | 65,7 % |
| Quick ratio | 9,39 | 6,40 | 9,30 | 6,09 | 5,54 |
| Current ratio | 9,97 | 6,86 | 10,00 | 6,53 | 6,05 |
| Debt to revenue | 128,9 % | 145,3 % | 140,0 % | 137,7 % | 131,4 % |
| Return on equity | 1,6 % | -1,4 % | 1,6 % | 0,1 % | 0,1 % |
| Balance sheet total | 4,9 M€ | 4,8 M€ | 4,8 M€ | 4,6 M€ | 4,5 M€ |
| Equity | 2,6 M€ | 2,5 M€ | 2,6 M€ | 2,5 M€ | 2,5 M€ |
| Cash and bank | 298 t€ | 238 t€ | 874 t€ | 712 t€ | 759 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|
| Turnover | 1,3 M€ | 1,1 M€ | 1,1 M€ | 1,1 M€ | 1,2 M€ |
| Other operating income | 12 t€ | 7 865 € | 57 € | 16 € | 61 € |
| Raw materials and services | -341 t€ | -385 t€ | -291 t€ | -330 t€ | -477 t€ |
| Personnel expenses | -435 t€ | -376 t€ | -310 t€ | -341 t€ | -331 t€ |
| Depreciations and reductions in value | -200 t€ | -185 t€ | -190 t€ | -185 t€ | -183 t€ |
| Other operating expenses | -325 t€ | -256 t€ | -229 t€ | -224 t€ | -230 t€ |
| Operating profit (loss) | 31 t€ | -47 t€ | 122 t€ | 89 t€ | -47 t€ |
| Financial income and expenses + (-) | 46 t€ | 14 t€ | 13 t€ | 10 t€ | 6 432 € |
| Profit (loss) before appropriations and taxes | 77 t€ | -33 t€ | 135 t€ | 99 t€ | -40 t€ |
| Income taxes | -1 960 € | -1 364 € | -9 331 € | 750 € | -277 € |
| Profit (loss) for the financial year | 41 t€ | -35 t€ | 41 t€ | 3 172 € | 2 475 € |
Balance sheet
| 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|
| Non-current assets | 3,5 M€ | 3,5 M€ | 3,4 M€ | 3,4 M€ | 3,3 M€ |
| Stocks | 84 t€ | 90 t€ | 95 t€ | 84 t€ | 101 t€ |
| Receivables | 339 t€ | 293 t€ | 256 t€ | 324 t€ | 214 t€ |
| Cash in hand and at banks | 298 t€ | 238 t€ | 874 t€ | 712 t€ | 759 t€ |
| Current assets | 1,5 M€ | 1,3 M€ | 1,4 M€ | 1,2 M€ | 1,2 M€ |
| Assets | 4,9 M€ | 4,8 M€ | 4,8 M€ | 4,6 M€ | 4,5 M€ |
| Capital and reserves | 2,6 M€ | 2,5 M€ | 2,6 M€ | 2,5 M€ | 2,5 M€ |
| Appropriations | 680 t€ | 646 t€ | 646 t€ | 562 t€ | 466 t€ |
| Long-term liabilities | 1,6 M€ | 1,5 M€ | 1,5 M€ | 1,4 M€ | 1,3 M€ |
| Short-term liabilities | 147 t€ | 197 t€ | 135 t€ | 191 t€ | 199 t€ |
| Liabilities | 1,7 M€ | 1,7 M€ | 1,6 M€ | 1,6 M€ | 1,5 M€ |
All financial statement items (64)
| 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|
| Turnover | 1,3 M€ | 1,1 M€ | 1,1 M€ | 1,1 M€ | 1,2 M€ |
| Other operating income | 12 t€ | 7 865 € | 57 € | 16 € | 61 € |
| Raw materials and services | -341 t€ | -385 t€ | -291 t€ | -330 t€ | -477 t€ |
| Personnel expenses | -435 t€ | -376 t€ | -310 t€ | -341 t€ | -331 t€ |
| Depreciations and reductions in value | -200 t€ | -185 t€ | -190 t€ | -185 t€ | -183 t€ |
| Other operating expenses | -325 t€ | -256 t€ | -229 t€ | -224 t€ | -230 t€ |
| Operating profit (loss) | 31 t€ | -47 t€ | 122 t€ | 89 t€ | -47 t€ |
| Financial income and expenses + (-) | 46 t€ | 14 t€ | 13 t€ | 10 t€ | 6 432 € |
| Profit (loss) before appropriations and taxes | 77 t€ | -33 t€ | 135 t€ | 99 t€ | -40 t€ |
| Income taxes | -1 960 € | -1 364 € | -9 331 € | 750 € | -277 € |
| Profit (loss) for the financial year | 41 t€ | -35 t€ | 41 t€ | 3 172 € | 2 475 € |
| Non-current assets | 3,5 M€ | 3,5 M€ | 3,4 M€ | 3,4 M€ | 3,3 M€ |
| Stocks | 84 t€ | 90 t€ | 95 t€ | 84 t€ | 101 t€ |
| Receivables | 339 t€ | 293 t€ | 256 t€ | 324 t€ | 214 t€ |
| Cash in hand and at banks | 298 t€ | 238 t€ | 874 t€ | 712 t€ | 759 t€ |
| Current assets | 1,5 M€ | 1,3 M€ | 1,4 M€ | 1,2 M€ | 1,2 M€ |
| Assets | 4,9 M€ | 4,8 M€ | 4,8 M€ | 4,6 M€ | 4,5 M€ |
| Capital and reserves | 2,6 M€ | 2,5 M€ | 2,6 M€ | 2,5 M€ | 2,5 M€ |
| Appropriations | 680 t€ | 646 t€ | 646 t€ | 562 t€ | 466 t€ |
| Long-term liabilities | 1,6 M€ | 1,5 M€ | 1,5 M€ | 1,4 M€ | 1,3 M€ |
| Short-term liabilities | 147 t€ | 197 t€ | 135 t€ | 191 t€ | 199 t€ |
| Liabilities | 1,7 M€ | 1,7 M€ | 1,6 M€ | 1,6 M€ | 1,5 M€ |
| Advance payments and construction in progress | 3 695 € | 26 t€ | 103 t€ | 23 t€ | 14 t€ |
| Other social security expenses | -13 t€ | -13 t€ | -8 892 € | -7 673 € | -10 t€ |
| Other interest and financial income from non-group companies | 61 t€ | 3 661 € | 1 512 € | 2 652 € | 752 € |
| Shares and holdings | 745 t€ | 728 t€ | 128 t€ | 128 t€ | 128 t€ |
| Depreciation difference | 680 t€ | 646 t€ | 646 t€ | 562 t€ | 466 t€ |
| Short-term accrued expenses and deferred income | 50 t€ | 41 t€ | 58 t€ | 50 t€ | 41 t€ |
| Tangible assets | 3,5 M€ | 3,5 M€ | 3,4 M€ | 3,4 M€ | 3,3 M€ |
| Short-term advances received | 10 € | 0 € | – | – | – |
| Pension expenses | -73 t€ | -59 t€ | -48 t€ | -38 t€ | -45 t€ |
| Other tangible assets | 1,5 M€ | 1,4 M€ | 1,5 M€ | 1,5 M€ | 1,3 M€ |
| Other shares and holdings | 67 t€ | 128 t€ | 128 t€ | 128 t€ | 128 t€ |
| Other shares, financial securities | 678 t€ | 600 t€ | 0 € | – | – |
| Inventory increase (+) or decrease (-) | -5 900 € | -5 016 € | 11 t€ | -17 t€ | 15 t€ |
| Liabilities | 4,9 M€ | 4,8 M€ | 4,8 M€ | 4,6 M€ | 4,5 M€ |
| Other funds | 1,3 M€ | 1,3 M€ | 1,3 M€ | 1,3 M€ | 1,3 M€ |
| Long-term advances received | 1,6 M€ | 1,5 M€ | 1,5 M€ | 1,4 M€ | 1,3 M€ |
| Machinery and equipment | 441 t€ | 466 t€ | 415 t€ | 422 t€ | 437 t€ |
| Increase (decrease) in deprecation difference | -34 t€ | 0 € | -84 t€ | -97 t€ | 43 t€ |
| Short-term loan receivables | 1 082 € | 0 € | – | – | – |
| Services purchased | -210 t€ | -265 t€ | -189 t€ | -221 t€ | -341 t€ |
| Wages and salaries | -349 t€ | -305 t€ | -253 t€ | -295 t€ | -276 t€ |
| Advance payments for intangible assets | – | 0 € | 7 610 € | 7 610 € | 7 610 € |
| Production for own use | – | – | 0 € | 25 t€ | 0 € |
| Buildings and structures, Owned | 1,4 M€ | 1,4 M€ | 1,3 M€ | 1,4 M€ | 1,5 M€ |
| Intangible assets | 7 067 € | 0 € | 7 610 € | 7 610 € | 7 610 € |
| Retained earnings | 317 t€ | 352 t€ | 321 t€ | 317 t€ | 315 t€ |
| Other short-term receivables | 56 t€ | 11 t€ | 14 t€ | 24 t€ | 28 t€ |
| Short-term prepayments and accrued income | 8 348 € | 17 t€ | 0 € | 0 € | 17 t€ |
| Purchases during the financial year | -125 t€ | -115 t€ | -112 t€ | -92 t€ | -150 t€ |
| Investments | 125 € | 125 € | 125 € | 125 € | 125 € |
| Short-term sales receivables | 273 t€ | 265 t€ | 242 t€ | 300 t€ | 169 t€ |
| Other shares and similar rights of ownership | 125 € | 125 € | 125 € | 125 € | 125 € |
| Profit (loss) for the period, equity | 41 t€ | -35 t€ | 41 t€ | 3 172 € | 2 475 € |
| Land and water areas, Owned | 97 t€ | 93 t€ | 90 t€ | 90 t€ | 90 t€ |
| Other current liabilities | 49 t€ | 53 t€ | 47 t€ | 67 t€ | 59 t€ |
| Interest expenses and other financial expenses for non-Group companies | -15 t€ | -1 € | -451 € | -449 € | -29 € |
| Income from other investments under non-current assets, from other companies | 0 € | 10 t€ | 12 t€ | 7 966 € | 5 708 € |
| Other intangible assets | 7 067 € | 0 € | – | – | – |
| Materials and supplies | 84 t€ | 90 t€ | 95 t€ | 84 t€ | 101 t€ |
| Short-term accounts payable | 47 t€ | 103 t€ | 30 t€ | 73 t€ | 99 t€ |
| Depreciations according to plan | -200 t€ | -185 t€ | -190 t€ | -185 t€ | -183 t€ |
| Short-term receivables | 339 t€ | 293 t€ | 256 t€ | 324 t€ | 214 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
Measured by taxable income, Pudasjärven Vesiosuuskunta is in the upper half of the industry class water collection, treatment and supply (192 companies with taxable income; median 4 783 €, 2,1 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
Largest buyers
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