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JustSo Oy

Limited company, Joutsa. Construction of other civil engineering projects n.e.c..

JustSo Oy is a limited company based in Joutsa, registered in 1979. In the financial year ending 30.9.2025, revenue was 439 t€ and operating profit 244 t€; equity ratio 51.0 %. Public buyers bought 1 680 € from it in 2022–2022; the largest buyer is Ilmatieteen laitos (Liikenne- ja viestintäministeriön hallinnonala).

Revenue 2025439 t€-48 % on the previous year
Operating profit244 t€55,6 % of revenue
Net profit84 t€EBITDA 196 t€
Equity ratio51,0 %quick ratio 0,15
Taxable income 20240 € profit as taxed
Income taxes 20240 €0 € in 2020–2024
In business47 yrsregistered 25.5.1979
Sales to public buyers1 680 €2022–2022

Financials

714 t€789 t€838 t€738 t€835 t€439 t€439 t€25 t€122 t€118 t€-22 t€80 t€244 t€-4 095 €93 t€89 t€-55 t€32 t€84 t€2020-092021-092022-092023-092024-092025-09
RevenueOperating profitNet profit
Key figures30.9.202530.9.202430.9.202330.9.202230.9.202130.9.2020
Revenue439 t€835 t€738 t€838 t€789 t€714 t€
Revenue change-47,5 %13,3 %-12,0 %6,2 %10,6 %–
EBITDA196 t€140 t€48 t€196 t€199 t€102 t€
EBITDA %44,6 %16,7 %6,5 %23,4 %25,2 %14,3 %
Operating profit244 t€80 t€-22 t€118 t€122 t€25 t€
Operating margin55,6 %9,6 %-3,0 %14,0 %15,4 %3,5 %
Net profit84 t€32 t€-55 t€89 t€93 t€-4 095 €
Personnel costs-178 t€389 t€394 t€317 t€299 t€378 t€
Equity ratio51,0 %49,0 %45,3 %45,4 %40,4 %34,2 %
Quick ratio0,150,220,120,270,390,21
Current ratio0,170,340,250,430,530,35
Debt to revenue137,6 %82,0 %102,5 %97,6 %117,6 %144,4 %
Return on equity13,4 %4,9 %-8,8 %13,1 %14,9 %-0,8 %
Balance sheet total1,2 M€1,3 M€1,4 M€1,5 M€1,6 M€1,6 M€
Equity630 t€658 t€626 t€681 t€629 t€535 t€
Cash and bank52 t€150 €-39 €21 t€35 t€2 450 €

Balance sheet

1,6 M€1,6 M€1,5 M€1,4 M€1,3 M€1,2 M€1,2 M€535 t€629 t€681 t€626 t€658 t€630 t€2 450 €35 t€21 t€-39 €150 €52 t€2020-092021-092022-092023-092024-092025-09
Balance sheet totalEquityCash
Income statement and balance sheet

Income statement

30.9.202530.9.202430.9.202330.9.202230.9.202130.9.2020
Turnover439 t€835 t€738 t€838 t€789 t€714 t€
Other operating income264 t€5 273 €0 €–––
Raw materials and services118 t€-176 t€-168 t€-181 t€-166 t€-119 t€
Personnel expenses178 t€-389 t€-394 t€-317 t€-299 t€-378 t€
Depreciations and reductions in value48 t€-60 t€-70 t€-78 t€-77 t€-77 t€
Other operating expenses115 t€-135 t€-128 t€-144 t€-126 t€-115 t€
Operating profit (loss)244 t€80 t€-22 t€118 t€122 t€25 t€
Financial income and expenses + (-)152 t€-48 t€-33 t€-28 t€-28 t€-29 t€
Profit (loss) before appropriations and taxes92 t€32 t€-55 t€89 t€93 t€-4 095 €
Income taxes7 262 €0 €––––
Profit (loss) for the financial year84 t€32 t€-55 t€89 t€93 t€-4 095 €

Balance sheet

30.9.202530.9.202430.9.202330.9.202230.9.202130.9.2020
Non-current assets1,2 M€1,2 M€1,3 M€1,4 M€1,4 M€1,4 M€
Stocks7 809 €39 t€42 t€47 t€42 t€53 t€
Receivables5 185 €65 t€41 t€61 t€91 t€74 t€
Cash in hand and at banks52 t€150 €-39 €21 t€35 t€2 450 €
Current assets65 t€104 t€83 t€130 t€168 t€129 t€
Assets1,2 M€1,3 M€1,4 M€1,5 M€1,6 M€1,6 M€
Share capital or other similar capital8 409 €8 409 €8 409 €8 409 €8 409 €8 409 €
Capital and reserves630 t€658 t€626 t€681 t€629 t€535 t€
Long-term liabilities222 t€382 t€422 t€513 t€609 t€665 t€
Short-term liabilities382 t€304 t€334 t€305 t€319 t€366 t€
Liabilities604 t€685 t€756 t€818 t€928 t€1,0 M€
All financial statement items (53)
30.9.202530.9.202430.9.202330.9.202230.9.202130.9.2020
Turnover439 t€835 t€738 t€838 t€789 t€714 t€
Other operating income264 t€5 273 €0 €–––
Raw materials and services118 t€-176 t€-168 t€-181 t€-166 t€-119 t€
Personnel expenses178 t€-389 t€-394 t€-317 t€-299 t€-378 t€
Depreciations and reductions in value48 t€-60 t€-70 t€-78 t€-77 t€-77 t€
Other operating expenses115 t€-135 t€-128 t€-144 t€-126 t€-115 t€
Operating profit (loss)244 t€80 t€-22 t€118 t€122 t€25 t€
Financial income and expenses + (-)152 t€-48 t€-33 t€-28 t€-28 t€-29 t€
Profit (loss) before appropriations and taxes92 t€32 t€-55 t€89 t€93 t€-4 095 €
Income taxes7 262 €0 €––––
Profit (loss) for the financial year84 t€32 t€-55 t€89 t€93 t€-4 095 €
Non-current assets1,2 M€1,2 M€1,3 M€1,4 M€1,4 M€1,4 M€
Stocks7 809 €39 t€42 t€47 t€42 t€53 t€
Receivables5 185 €65 t€41 t€61 t€91 t€74 t€
Cash in hand and at banks52 t€150 €-39 €21 t€35 t€2 450 €
Current assets65 t€104 t€83 t€130 t€168 t€129 t€
Assets1,2 M€1,3 M€1,4 M€1,5 M€1,6 M€1,6 M€
Share capital or other similar capital8 409 €8 409 €8 409 €8 409 €8 409 €8 409 €
Capital and reserves630 t€658 t€626 t€681 t€629 t€535 t€
Long-term liabilities222 t€382 t€422 t€513 t€609 t€665 t€
Short-term liabilities382 t€304 t€334 t€305 t€319 t€366 t€
Liabilities604 t€685 t€756 t€818 t€928 t€1,0 M€
Short-term sales receivables5 185 €59 t€38 t€56 t€91 t€74 t€
Materials and supplies7 809 €37 t€38 t€41 t€42 t€44 t€
Other tangible assets53 t€53 t€53 t€56 t€59 t€62 t€
Retained earnings104 t€71 t€126 t€37 t€-56 t€-52 t€
Inventory increase (+) or decrease (-)17 t€-3 152 €-5 192 €4 841 €-10 t€-2 319 €
Short-term accrued expenses and deferred income124 t€45 t€41 t€35 t€26 t€49 t€
Subordinated loan0 €113 t€113 t€113 t€150 t€150 t€
Buildings and structures, Owned612 t€658 t€707 t€760 t€788 t€848 t€
Revaluation reserve433 t€433 t€433 t€433 t€433 t€433 t€
Pension expenses32 t€-63 t€-59 t€-52 t€-37 t€-55 t€
Other shares and similar rights of ownership252 €252 €252 €252 €252 €252 €
Short-term accounts payable4 513 €14 t€29 t€27 t€24 t€16 t€
Other current liabilities185 t€111 t€93 t€100 t€106 t€109 t€
Investments252 €252 €252 €252 €252 €252 €
Machinery and equipment6 716 €31 t€41 t€55 t€45 t€31 t€
Other interest and financial income from non-group companies62 €20 €490 €1 €577 €52 €
Land and water areas, Owned497 t€497 t€497 t€497 t€497 t€497 t€
Liabilities1,2 M€1,3 M€1,4 M€1,5 M€1,6 M€1,6 M€
Short-term liabilities to credit institutions67 t€133 t€171 t€143 t€164 t€191 t€
Interest expenses and other financial expenses for non-Group companies152 t€-48 t€-34 t€-28 t€-29 t€-29 t€
Purchases during the financial year69 t€-153 t€-147 t€-164 t€-128 t€-109 t€
Tangible assets1,2 M€1,2 M€1,3 M€1,4 M€1,4 M€1,4 M€
Short-term receivables5 185 €65 t€41 t€61 t€91 t€74 t€
Wages and salaries132 t€-310 t€-319 t€-253 t€-251 t€-310 t€
Profit (loss) for the period, equity84 t€32 t€-55 t€89 t€93 t€-4 095 €
Depreciations according to plan48 t€-60 t€-70 t€-78 t€-77 t€-77 t€
Long-term liabilities to credit institutions222 t€382 t€422 t€513 t€609 t€665 t€
Services purchased32 t€-20 t€-15 t€-22 t€-28 t€-7 936 €
Other social security expenses15 t€-16 t€-17 t€-12 t€-11 t€-13 t€
Work in progress0 €1 795 €3 671 €5 828 €0 €8 837 €
Short-term prepayments and accrued income0 €6 266 €3 060 €5 106 €0 €–

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

0 €0 €0 €0 €0 €0 €20202021202220232024

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

  • Ilmatieteen laitos Liikenne- ja viestintäministeriön hallinnonala1 680 €

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