Torp Frys Ab is a limited company based in Pedersören kunta, registered in 1966. In the financial year ending 31.12.2025, revenue was 16,8 M€ and operating profit 1,4 M€; equity ratio 80.0 %. Its taxable income in 2024 was 614 t€ and its income taxes 125 t€. Public buyers bought 50 t€ from it in 2023–2024; the largest buyer is Ruokavirasto (Maa- ja metsätalousministeriön hallinnonala).
Revenue 202516,8 M€+5 % on the previous year
Operating profit1,4 M€8,3 % of revenue
Net profit1,3 M€EBITDA 271 t€
Equity ratio80,0 %quick ratio 1,82
Taxable income 2024614 t€
top quarter of its industry
Income taxes 2024125 t€353 t€ in 2020–2024
In business60 yrsregistered 4.2.1966
Sales to public buyers50 t€2023–2024
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 |
|---|---|---|---|---|---|
| Revenue | 16,8 M€ | 16,0 M€ | 20,0 M€ | 14,1 M€ | 17,1 M€ |
| Revenue change | 4,8 % | -20,1 % | 42,2 % | -17,8 % | – |
| EBITDA | 271 t€ | 1,9 M€ | 1,9 M€ | 1,6 M€ | 1,5 M€ |
| EBITDA % | 1,6 % | 12,1 % | 9,6 % | 11,2 % | 8,7 % |
| Operating profit | 1,4 M€ | 750 t€ | 728 t€ | 308 t€ | 187 t€ |
| Operating margin | 8,3 % | 4,7 % | 3,6 % | 2,2 % | 1,1 % |
| Net profit | 1,3 M€ | 504 t€ | 696 t€ | 248 t€ | 81 t€ |
| Personnel costs | -1,7 M€ | 1,4 M€ | 1,4 M€ | 1,2 M€ | 1,2 M€ |
| Equity ratio | 80,0 % | 80,0 % | 71,1 % | 69,4 % | 71,0 % |
| Quick ratio | 1,82 | 1,83 | 1,83 | 1,82 | 1,51 |
| Current ratio | 3,60 | 3,31 | 3,19 | 3,90 | 3,30 |
| Debt to revenue | 24,3 % | 24,5 % | 32,4 % | 49,8 % | 38,6 % |
| Return on equity | 9,1 % | 3,7 % | 5,2 % | 1,9 % | 0,6 % |
| Balance sheet total | 21,0 M€ | 20,1 M€ | 22,8 M€ | 23,1 M€ | 23,3 M€ |
| Equity | 14,9 M€ | 13,7 M€ | 13,3 M€ | 12,8 M€ | 12,7 M€ |
| Cash and bank | 1,1 M€ | 3,7 M€ | 884 t€ | 256 t€ | 918 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 | |
|---|---|---|---|---|---|
| Turnover | 16,8 M€ | 16,0 M€ | 20,0 M€ | 14,1 M€ | 17,1 M€ |
| Other operating income | 820 t€ | 829 t€ | 864 t€ | 677 t€ | 462 t€ |
| Raw materials and services | 12,4 M€ | -11,1 M€ | -14,4 M€ | -13,2 M€ | -12,5 M€ |
| Personnel expenses | 1,7 M€ | -1,4 M€ | -1,4 M€ | -1,2 M€ | -1,2 M€ |
| Depreciations and reductions in value | 1,1 M€ | -1,2 M€ | -1,2 M€ | -1,3 M€ | -1,3 M€ |
| Other operating expenses | 4,3 M€ | -3,8 M€ | -3,9 M€ | -2,9 M€ | -3,1 M€ |
| Operating profit (loss) | 1,4 M€ | 750 t€ | 728 t€ | 308 t€ | 187 t€ |
| Financial income and expenses + (-) | -79 t€ | -43 t€ | -36 t€ | 113 t€ | -36 t€ |
| Profit (loss) before appropriations and taxes | 1,5 M€ | 707 t€ | 691 t€ | 421 t€ | 151 t€ |
| Income taxes | 325 t€ | -123 t€ | -175 t€ | -35 t€ | -18 t€ |
| Profit (loss) for the financial year | 1,3 M€ | 504 t€ | 696 t€ | 248 t€ | 81 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|---|---|
| Non-current assets | 6,4 M€ | 7,3 M€ | 7,5 M€ | 8,6 M€ | 9,9 M€ |
| Stocks | 7,2 M€ | 5,7 M€ | 6,5 M€ | 7,7 M€ | 7,3 M€ |
| Receivables | 5,7 M€ | 3,4 M€ | 7,9 M€ | 6,5 M€ | 5,2 M€ |
| Cash in hand and at banks | 1,1 M€ | 3,7 M€ | 884 t€ | 256 t€ | 918 t€ |
| Current assets | 14,6 M€ | 12,9 M€ | 15,3 M€ | 14,5 M€ | 13,4 M€ |
| Assets | 21,0 M€ | 20,1 M€ | 22,8 M€ | 23,1 M€ | 23,3 M€ |
| Share capital or other similar capital | 64 t€ | 64 t€ | 64 t€ | 64 t€ | 64 t€ |
| Capital and reserves | 14,9 M€ | 13,7 M€ | 13,3 M€ | 12,8 M€ | 12,7 M€ |
| Appropriations | 1,4 M€ | 2,0 M€ | 2,6 M€ | 3,1 M€ | 3,5 M€ |
| Long-term liabilities | 634 t€ | 558 t€ | 2,0 M€ | 3,5 M€ | 3,1 M€ |
| Short-term liabilities | 4,1 M€ | 3,9 M€ | 4,8 M€ | 3,7 M€ | 4,1 M€ |
| Liabilities | 4,7 M€ | 4,4 M€ | 6,8 M€ | 7,2 M€ | 7,1 M€ |
All financial statement items (73)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|---|---|
| Turnover | 16,8 M€ | 16,0 M€ | 20,0 M€ | 14,1 M€ | 17,1 M€ |
| Other operating income | 820 t€ | 829 t€ | 864 t€ | 677 t€ | 462 t€ |
| Raw materials and services | 12,4 M€ | -11,1 M€ | -14,4 M€ | -13,2 M€ | -12,5 M€ |
| Personnel expenses | 1,7 M€ | -1,4 M€ | -1,4 M€ | -1,2 M€ | -1,2 M€ |
| Depreciations and reductions in value | 1,1 M€ | -1,2 M€ | -1,2 M€ | -1,3 M€ | -1,3 M€ |
| Other operating expenses | 4,3 M€ | -3,8 M€ | -3,9 M€ | -2,9 M€ | -3,1 M€ |
| Operating profit (loss) | 1,4 M€ | 750 t€ | 728 t€ | 308 t€ | 187 t€ |
| Financial income and expenses + (-) | -79 t€ | -43 t€ | -36 t€ | 113 t€ | -36 t€ |
| Profit (loss) before appropriations and taxes | 1,5 M€ | 707 t€ | 691 t€ | 421 t€ | 151 t€ |
| Income taxes | 325 t€ | -123 t€ | -175 t€ | -35 t€ | -18 t€ |
| Profit (loss) for the financial year | 1,3 M€ | 504 t€ | 696 t€ | 248 t€ | 81 t€ |
| Non-current assets | 6,4 M€ | 7,3 M€ | 7,5 M€ | 8,6 M€ | 9,9 M€ |
| Stocks | 7,2 M€ | 5,7 M€ | 6,5 M€ | 7,7 M€ | 7,3 M€ |
| Receivables | 5,7 M€ | 3,4 M€ | 7,9 M€ | 6,5 M€ | 5,2 M€ |
| Cash in hand and at banks | 1,1 M€ | 3,7 M€ | 884 t€ | 256 t€ | 918 t€ |
| Current assets | 14,6 M€ | 12,9 M€ | 15,3 M€ | 14,5 M€ | 13,4 M€ |
| Assets | 21,0 M€ | 20,1 M€ | 22,8 M€ | 23,1 M€ | 23,3 M€ |
| Share capital or other similar capital | 64 t€ | 64 t€ | 64 t€ | 64 t€ | 64 t€ |
| Capital and reserves | 14,9 M€ | 13,7 M€ | 13,3 M€ | 12,8 M€ | 12,7 M€ |
| Appropriations | 1,4 M€ | 2,0 M€ | 2,6 M€ | 3,1 M€ | 3,5 M€ |
| Long-term liabilities | 634 t€ | 558 t€ | 2,0 M€ | 3,5 M€ | 3,1 M€ |
| Short-term liabilities | 4,1 M€ | 3,9 M€ | 4,8 M€ | 3,7 M€ | 4,1 M€ |
| Liabilities | 4,7 M€ | 4,4 M€ | 6,8 M€ | 7,2 M€ | 7,1 M€ |
| Long-term liabilities to credit institutions | 634 t€ | 558 t€ | 2,0 M€ | 3,5 M€ | 3,0 M€ |
| Other current liabilities | 164 t€ | 122 t€ | 118 t€ | 85 t€ | 141 t€ |
| Depreciation difference | 1,4 M€ | 2,0 M€ | 2,6 M€ | 3,1 M€ | 3,5 M€ |
| Advance payments and construction in progress | 108 t€ | 0 € | – | – | – |
| Wages and salaries | 1,2 M€ | -1,0 M€ | -1,0 M€ | -924 t€ | -985 t€ |
| Other interest and financial income from Group companies | 3 256 € | 0 € | 70 t€ | 70 t€ | 71 t€ |
| Income from other investments under non-current assets, from other companies | 59 t€ | 25 t€ | 717 € | 143 t€ | 30 t€ |
| Long-term receivables from Group companies | 43 t€ | 43 t€ | 1,7 M€ | 1,8 M€ | 2,3 M€ |
| Work in progress | – | – | – | 0 € | 1,2 M€ |
| Short-term advances received | 608 t€ | 520 t€ | 314 t€ | 198 t€ | 487 t€ |
| Long-term accounts payable | – | 0 € | 6 482 € | 45 t€ | 79 t€ |
| Inventory increase (+) or decrease (-) | 288 t€ | -1,1 M€ | -314 t€ | -1,6 M€ | -1,0 M€ |
| Short-term liabilities to Group companies | 643 t€ | 243 t€ | 257 t€ | 256 t€ | 225 t€ |
| Pension expenses | 218 t€ | -193 t€ | -164 t€ | -177 t€ | -139 t€ |
| Tangible assets | 6,0 M€ | 6,9 M€ | 7,1 M€ | 8,2 M€ | 9,5 M€ |
| Increase (decrease) in deprecation difference | -602 t€ | 602 t€ | 495 t€ | 362 t€ | 92 t€ |
| Shares and similar rights of ownership in subsidiaries | 68 t€ | 68 t€ | 68 t€ | 68 t€ | 68 t€ |
| Depreciations according to plan | 1,1 M€ | -1,2 M€ | -1,2 M€ | -1,3 M€ | -1,3 M€ |
| Liabilities | 21,0 M€ | 20,1 M€ | 22,8 M€ | 23,1 M€ | 23,3 M€ |
| Other short-term receivables | 417 t€ | 158 t€ | 1,0 M€ | 83 t€ | 144 t€ |
| Current receivables from Group companies | 226 t€ | 94 t€ | 89 t€ | 86 t€ | 83 t€ |
| Investments | 396 t€ | 396 t€ | 397 t€ | 397 t€ | 397 t€ |
| Buildings and structures, Owned | 3,8 M€ | 4,2 M€ | 4,5 M€ | 5,0 M€ | 5,5 M€ |
| Change in stocks of products + (-) | 1,7 M€ | 343 t€ | -891 t€ | 2,1 M€ | -245 t€ |
| Other social security expenses | 231 t€ | -180 t€ | -170 t€ | -129 t€ | -98 t€ |
| Share premium reserve | 3 296 € | 3 296 € | 3 296 € | 3 296 € | 3 296 € |
| Materials and supplies | 7,2 M€ | 5,7 M€ | 6,5 M€ | 7,7 M€ | 6,1 M€ |
| Group contribution | 400 t€ | -683 t€ | -315 t€ | -500 t€ | -144 t€ |
| Land and water areas, Owned | 171 t€ | 171 t€ | 186 t€ | 186 t€ | 186 t€ |
| Profit (loss) for the period, equity | 1,3 M€ | 504 t€ | 696 t€ | 248 t€ | 81 t€ |
| Other shares and holdings | 551 t€ | 941 € | 941 € | 941 € | 5 791 € |
| Services purchased | 123 t€ | -101 t€ | -133 t€ | -81 t€ | -48 t€ |
| Retained earnings | 13,5 M€ | 13,1 M€ | 12,6 M€ | 12,5 M€ | 12,6 M€ |
| Short-term liabilities to credit institutions | 223 t€ | 1,4 M€ | 1,4 M€ | 1,4 M€ | 1,8 M€ |
| Purchases during the financial year | 12,0 M€ | -9,9 M€ | -14,0 M€ | -11,5 M€ | -11,5 M€ |
| Other tangible assets | – | – | – | 0 € | 974 € |
| Impairment on investments for non-current assets | 0 € | -450 € | 0 € | -850 € | 0 € |
| Long-term receivables | 43 t€ | 43 t€ | 1,7 M€ | 1,8 M€ | 2,3 M€ |
| Short-term prepayments and accrued income | 0 € | 53 t€ | 0 € | 0 € | 6 708 € |
| Other interest and financial income from non-group companies | 139 t€ | 118 t€ | 139 t€ | 45 t€ | 20 t€ |
| Other shares and similar rights of ownership | 329 t€ | 329 t€ | 329 t€ | 329 t€ | 329 t€ |
| Short-term accrued expenses and deferred income | 462 t€ | 246 t€ | 400 t€ | 241 t€ | 214 t€ |
| Shares and holdings | 551 t€ | 941 € | 941 € | 941 € | 5 791 € |
| Short-term sales receivables | 4,8 M€ | 2,9 M€ | 4,7 M€ | 4,4 M€ | 2,6 M€ |
| Short-term receivables | 5,7 M€ | 3,4 M€ | 6,2 M€ | 4,7 M€ | 2,9 M€ |
| Short-term loan receivables | 176 t€ | 160 t€ | 355 t€ | 90 t€ | 59 t€ |
| Interest expenses and other financial expenses for non-Group companies | 123 t€ | -186 t€ | -246 t€ | -144 t€ | -157 t€ |
| Production for own use | 1,6 M€ | 1,1 M€ | 1,6 M€ | 2,0 M€ | 995 t€ |
| Machinery and equipment | 1,9 M€ | 2,5 M€ | 2,3 M€ | 3,1 M€ | 3,8 M€ |
| Short-term accounts payable | 2,0 M€ | 1,3 M€ | 2,3 M€ | 1,5 M€ | 1,2 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
Measured by taxable income, Torp Frys Ab is in the top quarter of the industry manufacture of prepared feeds for farm animals (567 companies with taxable income; median 35 t€, 17 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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