Ab H. Höglund Oy is a limited company based in Pietarsaari, registered in 1976. In the financial year ending 31.12.2025, operating profit 67 t€. Its taxable income in 2024 was 60 t€ and its income taxes 12 t€. Public buyers bought 11 t€ from it in 2022–2026; the largest buyer is Terveyden ja hyvinvoinnin laitos (Sosiaali- ja terveysministeriön hallinnonala).
Financials
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 |
|---|---|---|---|---|---|
| Revenue change | 2,5 % | -38,8 % | 19,3 % | -14,4 % | – |
| Gross profit | 251 t€ | 245 t€ | 401 t€ | 336 t€ | 392 t€ |
| EBITDA | 67 t€ | 61 t€ | 237 t€ | 127 t€ | 157 t€ |
| Operating profit | 67 t€ | 61 t€ | 237 t€ | 127 t€ | 157 t€ |
| Net profit | 53 t€ | 48 t€ | 132 t€ | 102 t€ | 128 t€ |
| Personnel costs | -63 t€ | 58 t€ | 65 t€ | 88 t€ | 129 t€ |
| Balance sheet total | 597 t€ | 574 t€ | 573 t€ | 531 t€ | 590 t€ |
| Cash and bank | 122 t€ | 55 t€ | 96 t€ | 35 t€ | 106 t€ |
Balance sheet
Income statement and balance sheet
Income statement
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|---|---|
| Gross profit or loss | 251 t€ | 245 t€ | 401 t€ | 336 t€ | 392 t€ |
| Personnel expenses | 63 t€ | -58 t€ | -65 t€ | -88 t€ | -129 t€ |
| Depreciations and reductions in value | 123 € | -114 € | -152 € | -203 € | -270 € |
| Other operating expenses | 121 t€ | -125 t€ | -98 t€ | -121 t€ | -106 t€ |
| Operating profit (loss) | 67 t€ | 61 t€ | 237 t€ | 127 t€ | 157 t€ |
| Financial income and expenses + (-) | 361 € | -1 345 € | -44 € | 1 010 € | -766 € |
| Profit (loss) before appropriations and taxes | 67 t€ | 60 t€ | 237 t€ | 128 t€ | 156 t€ |
| Income taxes | 13 t€ | -12 t€ | -33 t€ | – | – |
| Profit (loss) for the financial year | 53 t€ | 48 t€ | 132 t€ | 102 t€ | 128 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|---|---|
| Stocks | 273 t€ | 282 t€ | 258 t€ | 258 t€ | 220 t€ |
| Receivables | 31 t€ | 66 t€ | 48 t€ | 56 t€ | 83 t€ |
| Cash in hand and at banks | 122 t€ | 55 t€ | 96 t€ | 35 t€ | 106 t€ |
| Assets | 597 t€ | 574 t€ | 573 t€ | 531 t€ | 590 t€ |
All financial statement items (25)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|---|---|
| Gross profit or loss | 251 t€ | 245 t€ | 401 t€ | 336 t€ | 392 t€ |
| Personnel expenses | 63 t€ | -58 t€ | -65 t€ | -88 t€ | -129 t€ |
| Depreciations and reductions in value | 123 € | -114 € | -152 € | -203 € | -270 € |
| Other operating expenses | 121 t€ | -125 t€ | -98 t€ | -121 t€ | -106 t€ |
| Operating profit (loss) | 67 t€ | 61 t€ | 237 t€ | 127 t€ | 157 t€ |
| Financial income and expenses + (-) | 361 € | -1 345 € | -44 € | 1 010 € | -766 € |
| Profit (loss) before appropriations and taxes | 67 t€ | 60 t€ | 237 t€ | 128 t€ | 156 t€ |
| Income taxes | 13 t€ | -12 t€ | -33 t€ | – | – |
| Profit (loss) for the financial year | 53 t€ | 48 t€ | 132 t€ | 102 t€ | 128 t€ |
| Stocks | 273 t€ | 282 t€ | 258 t€ | 258 t€ | 220 t€ |
| Receivables | 31 t€ | 66 t€ | 48 t€ | 56 t€ | 83 t€ |
| Cash in hand and at banks | 122 t€ | 55 t€ | 96 t€ | 35 t€ | 106 t€ |
| Assets | 597 t€ | 574 t€ | 573 t€ | 531 t€ | 590 t€ |
| Direct taxes | – | – | – | -26 t€ | -28 t€ |
| Wages and salaries | 53 t€ | -50 t€ | -54 t€ | – | – |
| Income from other investments under non-current assets, from other companies | – | 0 € | 170 € | – | – |
| Pension expenses | 8 900 € | -6 912 € | -9 795 € | – | – |
| Tangible assets | 369 € | 342 € | 456 € | 608 € | 810 € |
| Depreciations according to plan | 123 € | -114 € | -152 € | – | – |
| Liabilities | 597 t€ | 574 t€ | 573 t€ | 531 t€ | 590 t€ |
| Investments | 170 t€ | 170 t€ | 170 t€ | 181 t€ | 181 t€ |
| Other social security expenses | 1 412 € | -980 € | -1 446 € | – | – |
| Group contribution | – | 0 € | -72 t€ | – | – |
| Other interest and financial income from non-group companies | 10 € | 56 € | 1 098 € | – | – |
| Interest expenses and other financial expenses for non-Group companies | 371 € | -1 401 € | -1 311 € | – | – |
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 H. Höglund Oy is in the upper half of the industry class retail sale of electrical household appliances (95 companies with taxable income; median 41 t€).
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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