Puulon Oy is a limited company based in Padasjoki, registered in 1978. In the financial year ending 31.12.2025, revenue was 1,4 M€ and operating profit 107 t€; equity ratio 21.5 %. Its taxable income in 2024 was 11 t€ and its income taxes 2 175 €. Public buyers bought 7 733 € from it in 2023–2025; the largest buyer is Sairaalapalvelut (Pirkanmaan hyvinvointialue).
Revenue 20251,4 M€+10 % on the previous year
Operating profit107 t€7,9 % of revenue
Net profit76 t€EBITDA 49 t€
Equity ratio21,5 %quick ratio 0,25
Taxable income 202411 t€
lower half of its industry
Income taxes 20242 175 €4 348 € in 2020–2024
In business47 yrsregistered 8.12.1978
Sales to public buyers7 733 €2023–2025
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 | 1,4 M€ | 1,2 M€ | 1,4 M€ | 1,6 M€ | 1,2 M€ | 1,1 M€ |
| Revenue change | 9,9 % | -13,3 % | -10,9 % | 28,8 % | 10,6 % | – |
| EBITDA | 49 t€ | 118 t€ | 62 t€ | 130 t€ | 66 t€ | 105 t€ |
| EBITDA % | 3,6 % | 9,6 % | 4,4 % | 8,1 % | 5,4 % | 9,4 % |
| Operating profit | 107 t€ | 58 t€ | 334 € | 75 t€ | 17 t€ | 62 t€ |
| Operating margin | 7,9 % | 4,7 % | 0,0 % | 4,7 % | 1,4 % | 5,5 % |
| Net profit | 76 t€ | 35 t€ | -25 t€ | 55 t€ | 4 578 € | 44 t€ |
| Personnel costs | -428 t€ | 454 t€ | 580 t€ | 584 t€ | 473 t€ | 428 t€ |
| Equity ratio | 21,5 % | 19,8 % | 14,5 % | 19,1 % | 20,0 % | 20,9 % |
| Quick ratio | 0,25 | 0,17 | 0,22 | 0,19 | 0,19 | 0,32 |
| Current ratio | 1,06 | 1,08 | 1,09 | 1,12 | 1,13 | 1,25 |
| Debt to revenue | 32,9 % | 44,9 % | 46,0 % | 39,5 % | 49,7 % | 51,9 % |
| Return on equity | 65,3 % | 28,2 % | -27,7 % | 46,3 % | 3,8 % | 38,4 % |
| Balance sheet total | 566 t€ | 689 t€ | 762 t€ | 778 t€ | 769 t€ | 733 t€ |
| Equity | 117 t€ | 124 t€ | 89 t€ | 119 t€ | 119 t€ | 114 t€ |
| Cash and bank | 3 788 € | 7 819 € | 281 € | 333 € | 294 € | 336 € |
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 | 1,4 M€ | 1,2 M€ | 1,4 M€ | 1,6 M€ | 1,2 M€ | 1,1 M€ |
| Other operating income | 43 t€ | 4 273 € | 7 886 € | 53 t€ | 25 t€ | 37 t€ |
| Raw materials and services | 513 t€ | -388 t€ | -503 t€ | -665 t€ | -488 t€ | -410 t€ |
| Personnel expenses | 428 t€ | -454 t€ | -580 t€ | -584 t€ | -473 t€ | -428 t€ |
| Depreciations and reductions in value | 58 t€ | -59 t€ | -62 t€ | -55 t€ | -50 t€ | -43 t€ |
| Other operating expenses | 288 t€ | -274 t€ | -281 t€ | -267 t€ | -234 t€ | -212 t€ |
| Operating profit (loss) | 107 t€ | 58 t€ | 334 € | 75 t€ | 17 t€ | 62 t€ |
| Financial income and expenses + (-) | 19 t€ | -30 t€ | -34 t€ | -22 t€ | -16 t€ | -17 t€ |
| Profit (loss) before appropriations and taxes | 88 t€ | 28 t€ | -34 t€ | 53 t€ | 878 € | 45 t€ |
| Income taxes | 19 t€ | -2 175 € | 1 617 € | -3 796 € | 432 € | 0 € |
| Profit (loss) for the financial year | 76 t€ | 35 t€ | -25 t€ | 55 t€ | 4 578 € | 44 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Non-current assets | 195 t€ | 270 t€ | 331 t€ | 391 t€ | 419 t€ | 344 t€ |
| Stocks | 282 t€ | 353 t€ | 343 t€ | 320 t€ | 292 t€ | 289 t€ |
| Receivables | 85 t€ | 58 t€ | 88 t€ | 66 t€ | 58 t€ | 99 t€ |
| Cash in hand and at banks | 3 788 € | 7 819 € | 281 € | 333 € | 294 € | 336 € |
| Current assets | 371 t€ | 419 t€ | 431 t€ | 387 t€ | 351 t€ | 389 t€ |
| Assets | 566 t€ | 689 t€ | 762 t€ | 778 t€ | 769 t€ | 733 t€ |
| Share capital or other similar capital | 33 t€ | 33 t€ | 33 t€ | 33 t€ | 33 t€ | 33 t€ |
| Capital and reserves | 117 t€ | 124 t€ | 89 t€ | 119 t€ | 119 t€ | 114 t€ |
| Appropriations | 5 141 € | 13 t€ | 22 t€ | 29 t€ | 35 t€ | 39 t€ |
| Long-term liabilities | 95 t€ | 164 t€ | 257 t€ | 284 t€ | 306 t€ | 270 t€ |
| Short-term liabilities | 349 t€ | 388 t€ | 395 t€ | 346 t€ | 309 t€ | 310 t€ |
| Liabilities | 444 t€ | 552 t€ | 652 t€ | 630 t€ | 615 t€ | 580 t€ |
All financial statement items (61)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 1,4 M€ | 1,2 M€ | 1,4 M€ | 1,6 M€ | 1,2 M€ | 1,1 M€ |
| Other operating income | 43 t€ | 4 273 € | 7 886 € | 53 t€ | 25 t€ | 37 t€ |
| Raw materials and services | 513 t€ | -388 t€ | -503 t€ | -665 t€ | -488 t€ | -410 t€ |
| Personnel expenses | 428 t€ | -454 t€ | -580 t€ | -584 t€ | -473 t€ | -428 t€ |
| Depreciations and reductions in value | 58 t€ | -59 t€ | -62 t€ | -55 t€ | -50 t€ | -43 t€ |
| Other operating expenses | 288 t€ | -274 t€ | -281 t€ | -267 t€ | -234 t€ | -212 t€ |
| Operating profit (loss) | 107 t€ | 58 t€ | 334 € | 75 t€ | 17 t€ | 62 t€ |
| Financial income and expenses + (-) | 19 t€ | -30 t€ | -34 t€ | -22 t€ | -16 t€ | -17 t€ |
| Profit (loss) before appropriations and taxes | 88 t€ | 28 t€ | -34 t€ | 53 t€ | 878 € | 45 t€ |
| Income taxes | 19 t€ | -2 175 € | 1 617 € | -3 796 € | 432 € | 0 € |
| Profit (loss) for the financial year | 76 t€ | 35 t€ | -25 t€ | 55 t€ | 4 578 € | 44 t€ |
| Non-current assets | 195 t€ | 270 t€ | 331 t€ | 391 t€ | 419 t€ | 344 t€ |
| Stocks | 282 t€ | 353 t€ | 343 t€ | 320 t€ | 292 t€ | 289 t€ |
| Receivables | 85 t€ | 58 t€ | 88 t€ | 66 t€ | 58 t€ | 99 t€ |
| Cash in hand and at banks | 3 788 € | 7 819 € | 281 € | 333 € | 294 € | 336 € |
| Current assets | 371 t€ | 419 t€ | 431 t€ | 387 t€ | 351 t€ | 389 t€ |
| Assets | 566 t€ | 689 t€ | 762 t€ | 778 t€ | 769 t€ | 733 t€ |
| Share capital or other similar capital | 33 t€ | 33 t€ | 33 t€ | 33 t€ | 33 t€ | 33 t€ |
| Capital and reserves | 117 t€ | 124 t€ | 89 t€ | 119 t€ | 119 t€ | 114 t€ |
| Appropriations | 5 141 € | 13 t€ | 22 t€ | 29 t€ | 35 t€ | 39 t€ |
| Long-term liabilities | 95 t€ | 164 t€ | 257 t€ | 284 t€ | 306 t€ | 270 t€ |
| Short-term liabilities | 349 t€ | 388 t€ | 395 t€ | 346 t€ | 309 t€ | 310 t€ |
| Liabilities | 444 t€ | 552 t€ | 652 t€ | 630 t€ | 615 t€ | 580 t€ |
| Purchases during the financial year | 404 t€ | -385 t€ | -521 t€ | -689 t€ | -465 t€ | -427 t€ |
| Short-term sales receivables | 72 t€ | 50 t€ | 81 t€ | 54 t€ | 50 t€ | 93 t€ |
| Finished products | 107 t€ | 198 t€ | 190 t€ | 177 t€ | 145 t€ | 213 t€ |
| Long-term advances received | 18 t€ | 19 t€ | 20 t€ | 0 € | – | – |
| Long-term premium loans from employee pension institutions | – | – | – | 0 € | 14 t€ | 14 t€ |
| Other interest and financial income from non-group companies | 785 € | 154 € | 96 € | 30 € | 3 € | 89 € |
| Retained earnings | 7 772 € | -30 t€ | -5 831 € | -56 t€ | -60 t€ | -104 t€ |
| Interest expenses and other financial expenses for non-Group companies | 19 t€ | -30 t€ | -34 t€ | -22 t€ | -16 t€ | -17 t€ |
| Other short-term receivables | 2 333 € | 2 401 € | 2 409 € | 1 720 € | 2 409 € | 57 € |
| Inventory increase (+) or decrease (-) | 70 t€ | 9 556 € | 23 t€ | 28 t€ | 2 933 € | 49 t€ |
| Short-term liabilities to credit institutions | 99 t€ | 113 t€ | 111 t€ | 131 t€ | 148 t€ | 114 t€ |
| Liabilities | 566 t€ | 689 t€ | 762 t€ | 778 t€ | 769 t€ | 733 t€ |
| Other current liabilities | 41 t€ | 42 t€ | 36 t€ | 43 t€ | 59 t€ | 75 t€ |
| Reductions in value of shares and holdings in current assets | – | – | 0 € | 0 € | 0 € | – |
| Reserve for invested non-restricted equity | 0 € | 66 t€ | 66 t€ | 66 t€ | 66 t€ | 66 t€ |
| Short-term accounts payable | 163 t€ | 177 t€ | 192 t€ | 88 t€ | 47 t€ | 44 t€ |
| Buildings and structures, Owned | 0 € | 16 t€ | 16 t€ | 16 t€ | 71 t€ | 72 t€ |
| Long-term liabilities to credit institutions | 77 t€ | 145 t€ | 237 t€ | 284 t€ | 291 t€ | 256 t€ |
| Short-term premium loans from employee pension institutions | – | – | – | – | 0 € | 1 087 € |
| Intangible assets | 2 990 € | 5 722 € | 8 454 € | 11 t€ | 14 t€ | 7 690 € |
| Pension expenses | 64 t€ | -68 t€ | -85 t€ | -78 t€ | -70 t€ | -53 t€ |
| Services purchased | 39 t€ | -13 t€ | -4 661 € | -4 332 € | -26 t€ | -32 t€ |
| Tangible assets | 192 t€ | 264 t€ | 323 t€ | 380 t€ | 405 t€ | 336 t€ |
| Other social security expenses | 18 t€ | -14 t€ | -19 t€ | -16 t€ | -20 t€ | -19 t€ |
| Work in progress | 176 t€ | 155 t€ | 153 t€ | 143 t€ | 148 t€ | 77 t€ |
| Depreciation difference | 5 141 € | 13 t€ | 22 t€ | 29 t€ | 35 t€ | 39 t€ |
| Other intangible assets | 0 € | 1 792 € | 3 584 € | 5 376 € | 7 168 € | 0 € |
| Intangible rights | 2 990 € | 3 930 € | 4 870 € | 5 810 € | 6 750 € | 7 690 € |
| Depreciations according to plan | 58 t€ | -59 t€ | -62 t€ | -55 t€ | -50 t€ | -43 t€ |
| Land and water areas, Owned | 4 841 € | 4 841 € | 4 841 € | 4 841 € | 14 t€ | 14 t€ |
| Machinery and equipment | 187 t€ | 244 t€ | 302 t€ | 359 t€ | 319 t€ | 251 t€ |
| Increase (decrease) in deprecation difference | -7 508 € | 9 109 € | 7 688 € | 5 794 € | 3 269 € | -721 € |
| Short-term accrued expenses and deferred income | 47 t€ | 57 t€ | 55 t€ | 83 t€ | 56 t€ | 77 t€ |
| Revaluation reserve | 0 € | 21 t€ | 21 t€ | 21 t€ | 76 t€ | 76 t€ |
| Wages and salaries | 346 t€ | -371 t€ | -476 t€ | -490 t€ | -382 t€ | -356 t€ |
| Short-term prepayments and accrued income | 10 t€ | 5 887 € | 4 421 € | 11 t€ | 5 786 € | 5 778 € |
| Short-term receivables | 85 t€ | 58 t€ | 88 t€ | 66 t€ | 58 t€ | 99 t€ |
| Profit (loss) for the period, equity | 76 t€ | 35 t€ | -25 t€ | 55 t€ | 4 578 € | 44 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, Puulon Oy is in the lower half of the industry class manufacture of furniture (228 companies with taxable income; median 19 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
Follow companies in your area
New companies, bankruptcies and changes of CEO and property manager in the areas and industries you choose, by email. 14-day free trial, cancel any time.
Try for free