Keiko Ark Studio oy is a limited company based in Helsinki, registered in 1984. In the financial year ending 31.12.2025, revenue was 524 t€ and operating profit 3 353 €; equity ratio 74.9 %. Public buyers bought 221 t€ from it in 2022–2024; the largest buyer is Kaupunkiympäristön Toimiala, Helsinki (Helsinki).
Revenue 2025524 t€+2 % on the previous year
Operating profit3 353 €0,6 % of revenue
Net profit3 369 €EBITDA 3 353 €
Equity ratio74,9 %quick ratio 3,98
Taxable income 20240 €
profit as taxed
Income taxes 20240 €8 959 € in 2020–2024
In business42 yrsregistered 19.4.1984
Sales to public buyers221 t€2022–2024
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 | 524 t€ | 511 t€ | 136 t€ | 200 t€ | 142 t€ | 179 t€ |
| Revenue change | 2,4 % | 275,1 % | -32,0 % | 41,3 % | -20,7 % | – |
| EBITDA | 3 353 € | 38 t€ | -51 t€ | 73 t€ | 16 t€ | 82 t€ |
| EBITDA % | 0,6 % | 7,5 % | -37,2 % | 36,2 % | 11,6 % | 45,7 % |
| Operating profit | 3 353 € | 38 t€ | -51 t€ | 73 t€ | 16 t€ | 82 t€ |
| Operating margin | 0,6 % | 7,5 % | -37,2 % | 36,2 % | 11,6 % | 45,7 % |
| Net profit | 3 369 € | 38 t€ | -51 t€ | 64 t€ | 16 t€ | 82 t€ |
| Personnel costs | -158 t€ | 132 t€ | 97 t€ | 89 t€ | 72 t€ | 56 t€ |
| Equity ratio | 74,9 % | 70,0 % | 38,0 % | 67,5 % | 2,0 % | -21,0 % |
| Quick ratio | 3,98 | 3,33 | 1,61 | 3,08 | 1,02 | 0,83 |
| Current ratio | 3,98 | 3,33 | 1,61 | 3,08 | 1,02 | 0,83 |
| Debt to revenue | 3,0 % | 3,9 % | 10,3 % | 15,5 % | 26,5 % | 49,9 % |
| Return on equity | 7,2 % | 81,6 % | -590,1 % | 98,8 % | 2140,2 % | – |
| Balance sheet total | 62 t€ | 67 t€ | 23 t€ | 95 t€ | 38 t€ | 74 t€ |
| Equity | 46 t€ | 47 t€ | 8 600 € | 64 t€ | 760 € | -16 t€ |
| Cash and bank | 49 t€ | 42 t€ | 17 t€ | 48 t€ | 11 t€ | 22 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 | 524 t€ | 511 t€ | 136 t€ | 200 t€ | 142 t€ | 179 t€ |
| Raw materials and services | 326 t€ | -301 t€ | -60 t€ | -11 t€ | -31 t€ | -12 t€ |
| Personnel expenses | 158 t€ | -132 t€ | -97 t€ | -89 t€ | -72 t€ | -56 t€ |
| Other operating expenses | 36 t€ | -40 t€ | -30 t€ | -28 t€ | -23 t€ | -29 t€ |
| Operating profit (loss) | 3 353 € | 38 t€ | -51 t€ | 73 t€ | 16 t€ | 82 t€ |
| Financial income and expenses + (-) | -16 € | -5 € | -30 € | -5 € | -128 € | -154 € |
| Profit (loss) before appropriations and taxes | 3 369 € | 38 t€ | -51 t€ | 73 t€ | 16 t€ | 82 t€ |
| Income taxes | – | – | 0 € | -8 959 € | 0 € | – |
| Profit (loss) for the financial year | 3 369 € | 38 t€ | -51 t€ | 64 t€ | 16 t€ | 82 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Receivables | 13 t€ | 25 t€ | 5 630 € | 47 t€ | 28 t€ | 52 t€ |
| Cash in hand and at banks | 49 t€ | 42 t€ | 17 t€ | 48 t€ | 11 t€ | 22 t€ |
| Current assets | 62 t€ | 67 t€ | 23 t€ | 95 t€ | 38 t€ | 74 t€ |
| Assets | 62 t€ | 67 t€ | 23 t€ | 95 t€ | 38 t€ | 74 t€ |
| Share capital or other similar capital | 8 000 € | 8 000 € | 8 000 € | 8 000 € | 8 000 € | 8 000 € |
| Capital and reserves | 46 t€ | 47 t€ | 8 600 € | 64 t€ | 760 € | -16 t€ |
| Short-term liabilities | 16 t€ | 20 t€ | 14 t€ | 31 t€ | 38 t€ | 89 t€ |
| Liabilities | 16 t€ | 20 t€ | 14 t€ | 31 t€ | 38 t€ | 89 t€ |
All financial statement items (34)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 524 t€ | 511 t€ | 136 t€ | 200 t€ | 142 t€ | 179 t€ |
| Raw materials and services | 326 t€ | -301 t€ | -60 t€ | -11 t€ | -31 t€ | -12 t€ |
| Personnel expenses | 158 t€ | -132 t€ | -97 t€ | -89 t€ | -72 t€ | -56 t€ |
| Other operating expenses | 36 t€ | -40 t€ | -30 t€ | -28 t€ | -23 t€ | -29 t€ |
| Operating profit (loss) | 3 353 € | 38 t€ | -51 t€ | 73 t€ | 16 t€ | 82 t€ |
| Financial income and expenses + (-) | -16 € | -5 € | -30 € | -5 € | -128 € | -154 € |
| Profit (loss) before appropriations and taxes | 3 369 € | 38 t€ | -51 t€ | 73 t€ | 16 t€ | 82 t€ |
| Income taxes | – | – | 0 € | -8 959 € | 0 € | – |
| Profit (loss) for the financial year | 3 369 € | 38 t€ | -51 t€ | 64 t€ | 16 t€ | 82 t€ |
| Receivables | 13 t€ | 25 t€ | 5 630 € | 47 t€ | 28 t€ | 52 t€ |
| Cash in hand and at banks | 49 t€ | 42 t€ | 17 t€ | 48 t€ | 11 t€ | 22 t€ |
| Current assets | 62 t€ | 67 t€ | 23 t€ | 95 t€ | 38 t€ | 74 t€ |
| Assets | 62 t€ | 67 t€ | 23 t€ | 95 t€ | 38 t€ | 74 t€ |
| Share capital or other similar capital | 8 000 € | 8 000 € | 8 000 € | 8 000 € | 8 000 € | 8 000 € |
| Capital and reserves | 46 t€ | 47 t€ | 8 600 € | 64 t€ | 760 € | -16 t€ |
| Short-term liabilities | 16 t€ | 20 t€ | 14 t€ | 31 t€ | 38 t€ | 89 t€ |
| Liabilities | 16 t€ | 20 t€ | 14 t€ | 31 t€ | 38 t€ | 89 t€ |
| Short-term sales receivables | 2 134 € | 20 t€ | 279 € | 44 t€ | 26 t€ | 45 t€ |
| Other short-term receivables | 11 t€ | 5 381 € | 5 351 € | 1 500 € | 1 500 € | 6 627 € |
| Retained earnings | 35 t€ | 600 € | 51 t€ | -7 240 € | -24 t€ | -105 t€ |
| Short-term accrued expenses and deferred income | 0 € | 1 962 € | 3 498 € | 2 569 € | 0 € | – |
| Pension expenses | – | – | 0 € | 660 € | 0 € | – |
| Short-term accounts payable | 7 678 € | 652 € | 2 290 € | 5 082 € | 162 € | 2 507 € |
| Other current liabilities | 7 914 € | 17 t€ | 8 231 € | 23 t€ | 37 t€ | 87 t€ |
| Other interest and financial income from non-group companies | 16 € | 10 € | 1 € | 0 € | 2 € | 1 € |
| Liabilities | 62 t€ | 67 t€ | 23 t€ | 95 t€ | 38 t€ | 74 t€ |
| Interest expenses and other financial expenses for non-Group companies | 0 € | -15 € | -31 € | -5 € | -130 € | -155 € |
| Purchases during the financial year | -5 € | -12 € | -95 € | -77 € | -354 € | 0 € |
| Short-term receivables | 13 t€ | 25 t€ | 5 630 € | 47 t€ | 28 t€ | 52 t€ |
| Wages and salaries | 148 t€ | -127 t€ | -95 t€ | -88 t€ | -72 t€ | -55 t€ |
| Profit (loss) for the period, equity | 3 369 € | 38 t€ | -51 t€ | 64 t€ | 16 t€ | 82 t€ |
| Services purchased | 326 t€ | -301 t€ | -60 t€ | -11 t€ | -30 t€ | -12 t€ |
| Other social security expenses | 11 t€ | -4 730 € | -2 466 € | -1 578 € | -822 € | -1 315 € |
| Short-term prepayments and accrued income | – | – | 0 € | 1 116 € | 0 € | 476 € |
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
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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