Ab Bäck & Co Oy is a limited company based in Pietarsaari, registered in 1970. In the financial year ending 31.12.2025, revenue was 4,1 M€ and operating profit 300 t€; equity ratio 88.9 %. Its taxable income in 2024 was 786 t€ and its income taxes 160 t€. Public buyers bought 2,0 M€ from it in 2022–2026; the largest buyer is Kasvatuksen Ja Koulutuksen Toimiala, Helsinki (Helsinki). It has won 4 public contracts in EU procurement notices.
Revenue 20254,1 M€-19 % on the previous year
Operating profit300 t€7,4 % of revenue
Net profit240 t€EBITDA 267 t€
Equity ratio88,9 %quick ratio 4,47
Taxable income 2024786 t€
top quarter of its industry
Income taxes 2024160 t€555 t€ in 2020–2024
In business56 yrsregistered 24.4.1970
Sales to public buyers2,0 M€2022–2026
Contracts won43,9 M€ in total
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 |
|---|---|---|---|---|---|---|
| Revenue | 4,1 M€ | 5,0 M€ | 3,3 M€ | 5,0 M€ | 4,5 M€ | – |
| Revenue change | -19,2 % | 53,6 % | -34,8 % | 10,3 % | – | – |
| Gross profit | – | – | – | – | 1,8 M€ | 1,3 M€ |
| EBITDA | 267 t€ | 814 t€ | 215 t€ | 620 t€ | 709 t€ | 460 t€ |
| EBITDA % | 6,6 % | 16,2 % | 6,6 % | 12,4 % | 15,6 % | – |
| Operating profit | 300 t€ | 783 t€ | 191 t€ | 607 t€ | 698 t€ | 448 t€ |
| Operating margin | 7,4 % | 15,6 % | 5,8 % | 12,1 % | 15,4 % | – |
| Net profit | 240 t€ | 629 t€ | 152 t€ | 485 t€ | 558 t€ | 358 t€ |
| Personnel costs | -901 t€ | 940 t€ | 813 t€ | 830 t€ | 818 t€ | 563 t€ |
| Equity ratio | 88,9 % | 85,8 % | 87,6 % | 83,4 % | 75,7 % | 74,2 % |
| Quick ratio | 4,47 | 2,81 | 3,69 | 3,02 | 2,06 | 2,64 |
| Current ratio | 6,23 | 3,99 | 4,85 | 4,30 | 3,08 | 3,71 |
| Debt to revenue | 7,6 % | 8,0 % | 8,6 % | 7,9 % | 11,5 % | – |
| Return on equity | 9,6 % | 25,7 % | 7,7 % | 24,5 % | 34,4 % | 30,8 % |
| Balance sheet total | 2,8 M€ | 3,0 M€ | 2,3 M€ | 2,5 M€ | 2,2 M€ | 1,6 M€ |
| Equity | 2,5 M€ | 2,4 M€ | 2,0 M€ | 2,0 M€ | 1,6 M€ | 1,2 M€ |
| Cash and bank | 1,3 M€ | 979 t€ | 1,0 M€ | 1,2 M€ | 918 t€ | 673 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 4,1 M€ | 5,0 M€ | 3,3 M€ | 5,0 M€ | 4,5 M€ | – |
| Gross profit or loss | – | – | – | – | 1,8 M€ | 1,3 M€ |
| Other operating income | 15 t€ | 1 799 € | 2 195 € | 1 455 € | 0 € | – |
| Raw materials and services | 2,5 M€ | -2,9 M€ | -1,9 M€ | -3,2 M€ | -2,7 M€ | – |
| Personnel expenses | 901 t€ | -940 t€ | -813 t€ | -830 t€ | -818 t€ | -563 t€ |
| Depreciations and reductions in value | 33 t€ | -31 t€ | -24 t€ | -13 t€ | -11 t€ | -13 t€ |
| Other operating expenses | 315 t€ | -339 t€ | -305 t€ | -319 t€ | -319 t€ | -257 t€ |
| Operating profit (loss) | 300 t€ | 783 t€ | 191 t€ | 607 t€ | 698 t€ | 448 t€ |
| Financial income and expenses + (-) | -36 € | 2 339 € | -356 € | -142 € | 317 € | -558 € |
| Profit (loss) before appropriations and taxes | 300 t€ | 786 t€ | 190 t€ | 607 t€ | 698 t€ | 447 t€ |
| Income taxes | 60 t€ | -157 t€ | -38 t€ | -121 t€ | -140 t€ | -89 t€ |
| Profit (loss) for the financial year | 240 t€ | 629 t€ | 152 t€ | 485 t€ | 558 t€ | 358 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Non-current assets | 807 t€ | 802 t€ | 626 t€ | 344 t€ | 337 t€ | 63 t€ |
| Stocks | 565 t€ | 648 t€ | 406 t€ | 633 t€ | 633 t€ | 433 t€ |
| Receivables | 123 t€ | 566 t€ | 250 t€ | 327 t€ | 358 t€ | 395 t€ |
| Cash in hand and at banks | 1,3 M€ | 979 t€ | 1,0 M€ | 1,2 M€ | 918 t€ | 673 t€ |
| Current assets | 2,0 M€ | 2,2 M€ | 1,7 M€ | 2,1 M€ | 1,9 M€ | 1,5 M€ |
| Assets | 2,8 M€ | 3,0 M€ | 2,3 M€ | 2,5 M€ | 2,2 M€ | 1,6 M€ |
| Share capital or other similar capital | 20 t€ | 20 t€ | 20 t€ | 20 t€ | 20 t€ | 20 t€ |
| Capital and reserves | 2,5 M€ | 2,4 M€ | 2,0 M€ | 2,0 M€ | 1,6 M€ | 1,2 M€ |
| Long-term liabilities | – | – | – | 0 € | 47 € | 94 € |
| Short-term liabilities | 322 t€ | 550 t€ | 350 t€ | 496 t€ | 620 t€ | 404 t€ |
| Liabilities | 322 t€ | 550 t€ | 350 t€ | 496 t€ | 620 t€ | 404 t€ |
All financial statement items (52)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 4,1 M€ | 5,0 M€ | 3,3 M€ | 5,0 M€ | 4,5 M€ | – |
| Gross profit or loss | – | – | – | – | 1,8 M€ | 1,3 M€ |
| Other operating income | 15 t€ | 1 799 € | 2 195 € | 1 455 € | 0 € | – |
| Raw materials and services | 2,5 M€ | -2,9 M€ | -1,9 M€ | -3,2 M€ | -2,7 M€ | – |
| Personnel expenses | 901 t€ | -940 t€ | -813 t€ | -830 t€ | -818 t€ | -563 t€ |
| Depreciations and reductions in value | 33 t€ | -31 t€ | -24 t€ | -13 t€ | -11 t€ | -13 t€ |
| Other operating expenses | 315 t€ | -339 t€ | -305 t€ | -319 t€ | -319 t€ | -257 t€ |
| Operating profit (loss) | 300 t€ | 783 t€ | 191 t€ | 607 t€ | 698 t€ | 448 t€ |
| Financial income and expenses + (-) | -36 € | 2 339 € | -356 € | -142 € | 317 € | -558 € |
| Profit (loss) before appropriations and taxes | 300 t€ | 786 t€ | 190 t€ | 607 t€ | 698 t€ | 447 t€ |
| Income taxes | 60 t€ | -157 t€ | -38 t€ | -121 t€ | -140 t€ | -89 t€ |
| Profit (loss) for the financial year | 240 t€ | 629 t€ | 152 t€ | 485 t€ | 558 t€ | 358 t€ |
| Non-current assets | 807 t€ | 802 t€ | 626 t€ | 344 t€ | 337 t€ | 63 t€ |
| Stocks | 565 t€ | 648 t€ | 406 t€ | 633 t€ | 633 t€ | 433 t€ |
| Receivables | 123 t€ | 566 t€ | 250 t€ | 327 t€ | 358 t€ | 395 t€ |
| Cash in hand and at banks | 1,3 M€ | 979 t€ | 1,0 M€ | 1,2 M€ | 918 t€ | 673 t€ |
| Current assets | 2,0 M€ | 2,2 M€ | 1,7 M€ | 2,1 M€ | 1,9 M€ | 1,5 M€ |
| Assets | 2,8 M€ | 3,0 M€ | 2,3 M€ | 2,5 M€ | 2,2 M€ | 1,6 M€ |
| Share capital or other similar capital | 20 t€ | 20 t€ | 20 t€ | 20 t€ | 20 t€ | 20 t€ |
| Capital and reserves | 2,5 M€ | 2,4 M€ | 2,0 M€ | 2,0 M€ | 1,6 M€ | 1,2 M€ |
| Long-term liabilities | – | – | – | 0 € | 47 € | 94 € |
| Short-term liabilities | 322 t€ | 550 t€ | 350 t€ | 496 t€ | 620 t€ | 404 t€ |
| Liabilities | 322 t€ | 550 t€ | 350 t€ | 496 t€ | 620 t€ | 404 t€ |
| Purchases during the financial year | 2,4 M€ | -3,2 M€ | -1,7 M€ | -3,2 M€ | -2,9 M€ | – |
| Short-term receivables | 123 t€ | 566 t€ | 250 t€ | 327 t€ | 358 t€ | 395 t€ |
| Other short-term receivables | 487 € | 70 t€ | 22 t€ | 9 861 € | 2 439 € | 5 948 € |
| Profit (loss) for the period, equity | 240 t€ | 629 t€ | 152 t€ | 485 t€ | 558 t€ | 358 t€ |
| Tangible assets | 98 t€ | 93 t€ | 71 t€ | 40 t€ | 33 t€ | 37 t€ |
| Intangible rights | 0 € | 99 € | 198 € | 297 € | 396 € | 495 € |
| Other long-term liabilities | – | – | – | 0 € | 47 € | 94 € |
| Short-term accrued expenses and deferred income | 127 t€ | 166 t€ | 93 t€ | 121 t€ | 215 t€ | 111 t€ |
| Interest expenses and other financial expenses for non-Group companies | 445 € | -2 487 € | -413 € | -153 € | -302 € | -588 € |
| Other shares and similar rights of ownership | 709 t€ | 709 t€ | 554 t€ | 304 t€ | 304 t€ | 25 t€ |
| Other social security expenses | 36 t€ | -30 t€ | -27 t€ | -24 t€ | -25 t€ | -15 t€ |
| Short-term sales receivables | 89 t€ | 483 t€ | 183 t€ | 279 t€ | 338 t€ | 389 t€ |
| Income from other investments under non-current assets, from other companies | 0 € | 4 663 € | 0 € | 0 € | 603 € | 0 € |
| Depreciations according to plan | 33 t€ | -31 t€ | -24 t€ | -13 t€ | -11 t€ | -13 t€ |
| Other current liabilities | 78 t€ | 41 t€ | 104 t€ | 123 t€ | 81 t€ | 57 t€ |
| Inventory increase (+) or decrease (-) | 83 t€ | 242 t€ | -226 t€ | 121 € | 200 t€ | – |
| Short-term accounts payable | 105 t€ | 196 t€ | 83 t€ | 150 t€ | 227 t€ | 235 t€ |
| Retained earnings | 2,2 M€ | 1,8 M€ | 1,8 M€ | 1,5 M€ | 1,0 M€ | 782 t€ |
| Machinery and equipment | 98 t€ | 93 t€ | 71 t€ | 40 t€ | 33 t€ | 37 t€ |
| Wages and salaries | 708 t€ | -744 t€ | -642 t€ | -649 t€ | -629 t€ | -435 t€ |
| Other interest and financial income from non-group companies | 481 € | 162 € | 57 € | 11 € | 17 € | 30 € |
| Intangible assets | 0 € | 99 € | 198 € | 297 € | 396 € | 495 € |
| Investments | 709 t€ | 709 t€ | 554 t€ | 304 t€ | 304 t€ | 25 t€ |
| Pension expenses | 158 t€ | -166 t€ | -145 t€ | -158 t€ | -164 t€ | -113 t€ |
| Liabilities | 2,8 M€ | 3,0 M€ | 2,3 M€ | 2,5 M€ | 2,2 M€ | 1,6 M€ |
| Services purchased | 11 t€ | -1 260 € | -4 148 € | -14 t€ | -25 t€ | – |
| Short-term advances received | 12 t€ | 147 t€ | 71 t€ | 103 t€ | 98 t€ | 0 € |
| Short-term prepayments and accrued income | 34 t€ | 12 t€ | 45 t€ | 38 t€ | 18 t€ | 0 € |
| Finished products | 565 t€ | 648 t€ | 406 t€ | 633 t€ | 633 t€ | 433 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, Ab Bäck & Co Oy is in the top quarter of the industry class wholesale of other machinery for use in industry (413 companies with taxable income; median 109 t€, 7,2 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
Public contracts won
- Erilaisten teknisen työn puuntyöstökoneiden, -laitteiden, ja tarvikkeiden hankinta perusopetukseenHelsingin kaupunki, kasvatuksen ja koulutuksen toimiala2,0 M€
- Englantilainen koulu, erityisluokkien kaluste- ja laiteurakkaKiinteistö Oy Eliel Saarisen tie 41-45196 t€
- Teknisentyön metallityökoneiden, -laitteiden ja tarvikkeiden hankinta perusopetukseenHelsingin kaupunki, kasvatuksen ja koulutuksen toimiala1,5 M€
- Jääkärinkankaan monitoimitalon teknisen työn välineetOulun kaupunki186 t€
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