Kitarapaja Oy is a limited company based in Helsinki, registered in 1980. In the financial year ending 31.3.2026, revenue was 1,8 M€ and operating profit 47 t€; equity ratio 67.6 %. Its taxable income in 2024 was 42 t€ and its income taxes 8 318 €. Public buyers bought 1 412 € from it in 2022–2024; the largest buyer is Kulttuurin Ja Vapaa-ajan Toimiala, Helsinki (Helsinki).
Revenue 20261,8 M€-8 % on the previous year
Operating profit47 t€2,6 % of revenue
Net profit32 t€EBITDA 46 t€
Equity ratio67,6 %quick ratio 0,20
Taxable income 202442 t€
upper half of its industry
Income taxes 20248 318 €108 t€ in 2020–2024
In business46 yrsregistered 25.1.1980
Sales to public buyers1 412 €2022–2024
Financials
RevenueOperating profitNet profit
| Key figures | 31.3.2026 | 31.3.2025 | 31.3.2024 | 31.3.2023 | 31.3.2022 |
|---|---|---|---|---|---|
| Revenue | 1,8 M€ | 2,0 M€ | 1,9 M€ | 2,0 M€ | 2,1 M€ |
| Revenue change | -8,3 % | 4,1 % | -6,5 % | -3,0 % | – |
| EBITDA | 46 t€ | 111 t€ | 52 t€ | 109 t€ | 155 t€ |
| EBITDA % | 2,5 % | 5,7 % | 2,8 % | 5,4 % | 7,5 % |
| Operating profit | 47 t€ | 111 t€ | 52 t€ | 109 t€ | 155 t€ |
| Operating margin | 2,6 % | 5,7 % | 2,8 % | 5,4 % | 7,5 % |
| Net profit | 32 t€ | 82 t€ | 33 t€ | 83 t€ | 120 t€ |
| Personnel costs | -342 t€ | 334 t€ | 338 t€ | 337 t€ | 319 t€ |
| Equity ratio | 67,6 % | 64,1 % | 59,0 % | 64,9 % | 66,4 % |
| Quick ratio | 0,20 | 0,30 | 0,26 | 0,41 | 1,03 |
| Current ratio | 2,72 | 2,56 | 2,28 | 2,88 | 3,31 |
| Debt to revenue | 17,4 % | 19,3 % | 23,7 % | 17,8 % | 15,3 % |
| Return on equity | 4,9 % | 12,2 % | 5,2 % | 12,6 % | 19,1 % |
| Balance sheet total | 962 t€ | 1,0 M€ | 1,1 M€ | 1,0 M€ | 945 t€ |
| Equity | 650 t€ | 672 t€ | 641 t€ | 661 t€ | 628 t€ |
| Cash and bank | 19 t€ | 31 t€ | 23 t€ | 58 t€ | 170 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.3.2026 | 31.3.2025 | 31.3.2024 | 31.3.2023 | 31.3.2022 | |
|---|---|---|---|---|---|
| Turnover | 1,8 M€ | 2,0 M€ | 1,9 M€ | 2,0 M€ | 2,1 M€ |
| Other operating income | 25 t€ | 25 t€ | 25 t€ | 24 t€ | 21 t€ |
| Raw materials and services | 1,3 M€ | -1,4 M€ | -1,3 M€ | -1,4 M€ | -1,5 M€ |
| Personnel expenses | 342 t€ | -334 t€ | -338 t€ | -337 t€ | -319 t€ |
| Depreciations and reductions in value | 1 272 € | -290 € | -387 € | -516 € | -148 € |
| Other operating expenses | 172 t€ | -162 t€ | -164 t€ | -174 t€ | -151 t€ |
| Operating profit (loss) | 47 t€ | 111 t€ | 52 t€ | 109 t€ | 155 t€ |
| Financial income and expenses + (-) | 7 252 € | -8 812 € | -10 t€ | -5 006 € | -4 682 € |
| Profit (loss) before appropriations and taxes | 40 t€ | 102 t€ | 41 t€ | 104 t€ | 150 t€ |
| Income taxes | 7 914 € | -20 t€ | -8 318 € | -21 t€ | -30 t€ |
| Profit (loss) for the financial year | 32 t€ | 82 t€ | 33 t€ | 83 t€ | 120 t€ |
Balance sheet
| 31.3.2026 | 31.3.2025 | 31.3.2024 | 31.3.2023 | 31.3.2022 | |
|---|---|---|---|---|---|
| Non-current assets | 249 t€ | 246 t€ | 246 t€ | 247 t€ | 234 t€ |
| Stocks | 659 t€ | 707 t€ | 743 t€ | 662 t€ | 490 t€ |
| Receivables | 35 t€ | 63 t€ | 74 t€ | 52 t€ | 51 t€ |
| Cash in hand and at banks | 19 t€ | 31 t€ | 23 t€ | 58 t€ | 170 t€ |
| Current assets | 713 t€ | 802 t€ | 840 t€ | 772 t€ | 711 t€ |
| Assets | 962 t€ | 1,0 M€ | 1,1 M€ | 1,0 M€ | 945 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 650 t€ | 672 t€ | 641 t€ | 661 t€ | 628 t€ |
| Long-term liabilities | 50 t€ | 63 t€ | 76 t€ | 90 t€ | 103 t€ |
| Short-term liabilities | 262 t€ | 313 t€ | 369 t€ | 269 t€ | 215 t€ |
| Liabilities | 312 t€ | 376 t€ | 445 t€ | 358 t€ | 317 t€ |
All financial statement items (49)
| 31.3.2026 | 31.3.2025 | 31.3.2024 | 31.3.2023 | 31.3.2022 | |
|---|---|---|---|---|---|
| Turnover | 1,8 M€ | 2,0 M€ | 1,9 M€ | 2,0 M€ | 2,1 M€ |
| Other operating income | 25 t€ | 25 t€ | 25 t€ | 24 t€ | 21 t€ |
| Raw materials and services | 1,3 M€ | -1,4 M€ | -1,3 M€ | -1,4 M€ | -1,5 M€ |
| Personnel expenses | 342 t€ | -334 t€ | -338 t€ | -337 t€ | -319 t€ |
| Depreciations and reductions in value | 1 272 € | -290 € | -387 € | -516 € | -148 € |
| Other operating expenses | 172 t€ | -162 t€ | -164 t€ | -174 t€ | -151 t€ |
| Operating profit (loss) | 47 t€ | 111 t€ | 52 t€ | 109 t€ | 155 t€ |
| Financial income and expenses + (-) | 7 252 € | -8 812 € | -10 t€ | -5 006 € | -4 682 € |
| Profit (loss) before appropriations and taxes | 40 t€ | 102 t€ | 41 t€ | 104 t€ | 150 t€ |
| Income taxes | 7 914 € | -20 t€ | -8 318 € | -21 t€ | -30 t€ |
| Profit (loss) for the financial year | 32 t€ | 82 t€ | 33 t€ | 83 t€ | 120 t€ |
| Non-current assets | 249 t€ | 246 t€ | 246 t€ | 247 t€ | 234 t€ |
| Stocks | 659 t€ | 707 t€ | 743 t€ | 662 t€ | 490 t€ |
| Receivables | 35 t€ | 63 t€ | 74 t€ | 52 t€ | 51 t€ |
| Cash in hand and at banks | 19 t€ | 31 t€ | 23 t€ | 58 t€ | 170 t€ |
| Current assets | 713 t€ | 802 t€ | 840 t€ | 772 t€ | 711 t€ |
| Assets | 962 t€ | 1,0 M€ | 1,1 M€ | 1,0 M€ | 945 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 650 t€ | 672 t€ | 641 t€ | 661 t€ | 628 t€ |
| Long-term liabilities | 50 t€ | 63 t€ | 76 t€ | 90 t€ | 103 t€ |
| Short-term liabilities | 262 t€ | 313 t€ | 369 t€ | 269 t€ | 215 t€ |
| Liabilities | 312 t€ | 376 t€ | 445 t€ | 358 t€ | 317 t€ |
| Short-term sales receivables | 22 t€ | 50 t€ | 35 t€ | 40 t€ | 30 t€ |
| Other short-term receivables | 9 142 € | 11 t€ | 34 t€ | 8 834 € | 9 161 € |
| Retained earnings | 615 t€ | 587 t€ | 605 t€ | 575 t€ | 505 t€ |
| Inventory increase (+) or decrease (-) | 31 t€ | -47 t€ | 101 t€ | 97 t€ | 39 t€ |
| Short-term accrued expenses and deferred income | 65 t€ | 71 t€ | 59 t€ | 80 t€ | 41 t€ |
| Pension expenses | 38 t€ | -37 t€ | -38 t€ | -43 t€ | -35 t€ |
| Other shares and similar rights of ownership | 245 t€ | 245 t€ | 245 t€ | 245 t€ | 234 t€ |
| Short-term accounts payable | 53 t€ | 43 t€ | 137 t€ | 71 t€ | 106 t€ |
| Other current liabilities | 129 t€ | 115 t€ | 101 t€ | 74 t€ | 54 t€ |
| Investments | 245 t€ | 245 t€ | 245 t€ | 245 t€ | 234 t€ |
| Machinery and equipment | 3 815 € | 871 € | 1 161 € | 1 548 € | 444 € |
| Other interest and financial income from non-group companies | 126 € | 29 € | 140 € | 965 € | 270 € |
| Liabilities | 962 t€ | 1,0 M€ | 1,1 M€ | 1,0 M€ | 945 t€ |
| Short-term liabilities to credit institutions | 15 t€ | 84 t€ | 72 t€ | 44 t€ | 13 t€ |
| Short-term loan receivables | 80 € | 80 € | 80 € | 2 208 € | 6 252 € |
| Interest expenses and other financial expenses for non-Group companies | 7 378 € | -8 841 € | -10 t€ | -5 971 € | -4 952 € |
| Purchases during the financial year | 1,2 M€ | -1,3 M€ | -1,4 M€ | -1,5 M€ | -1,5 M€ |
| Tangible assets | 3 815 € | 871 € | 1 161 € | 1 548 € | 444 € |
| Short-term receivables | 35 t€ | 63 t€ | 74 t€ | 52 t€ | 51 t€ |
| Wages and salaries | 297 t€ | -291 t€ | -293 t€ | -288 t€ | -278 t€ |
| Profit (loss) for the period, equity | 32 t€ | 82 t€ | 33 t€ | 83 t€ | 120 t€ |
| Depreciations according to plan | 1 272 € | -290 € | -387 € | -516 € | -148 € |
| Long-term liabilities to credit institutions | 50 t€ | 63 t€ | 76 t€ | 90 t€ | 103 t€ |
| Services purchased | 11 t€ | -20 t€ | -18 t€ | -12 t€ | -13 t€ |
| Other social security expenses | 6 783 € | -5 397 € | -6 306 € | -6 101 € | -6 462 € |
| Finished products | 659 t€ | 707 t€ | 743 t€ | 662 t€ | 490 t€ |
| Short-term prepayments and accrued income | 3 077 € | 2 191 € | 5 376 € | 1 315 € | 4 954 € |
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, Kitarapaja Oy is in the upper half of the industry class retail sale of other cultural and recreational goods n.e.c. (157 companies with taxable income; median 14 t€, 2,9 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
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