Kurikan Energia Oy is a limited company based in Kurikka, registered in 1980. In the financial year ending 31.12.2025, revenue was 9,5 M€ and operating profit 23 t€; equity ratio 45.3 %. Public buyers bought 32 t€ from it in 2026–2026; the largest buyer is Väylävirasto (Liikenne- ja viestintäministeriön hallinnonala).
Revenue 20259,5 M€+0 % on the previous year
Operating profit23 t€0,2 % of revenue
Net profit21 t€EBITDA -1,0 M€
Equity ratio45,3 %quick ratio 0,97
Taxable income 20240 €
profit as taxed
Income taxes 20240 €196 t€ in 2020–2024
In business46 yrsregistered 29.8.1980
Sales to public buyers32 t€2026–2026
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 |
|---|---|---|
| Revenue | 9,5 M€ | 9,5 M€ |
| Revenue change | 0,1 % | – |
| EBITDA | -1,0 M€ | -1,6 M€ |
| EBITDA % | -10,9 % | -16,6 % |
| Operating profit | 23 t€ | -443 t€ |
| Operating margin | 0,2 % | -4,6 % |
| Net profit | 21 t€ | -459 t€ |
| Personnel costs | -852 t€ | -863 t€ |
| Equity ratio | 45,3 % | 44,5 % |
| Quick ratio | 0,97 | 1,07 |
| Current ratio | 1,91 | 1,82 |
| Debt to revenue | 93,1 % | 95,8 % |
| Return on equity | 0,3 % | -6,3 % |
| Balance sheet total | 16,2 M€ | 16,5 M€ |
| Equity | 7,4 M€ | 7,3 M€ |
| Cash and bank | 192 t€ | 484 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.12.2025 | 31.12.2024 | |
|---|---|---|
| Turnover | 9,5 M€ | 9,5 M€ |
| Other operating income | 29 t€ | 23 t€ |
| Raw materials and services | 6,8 M€ | 7,2 M€ |
| Personnel expenses | 852 t€ | 863 t€ |
| Depreciations and reductions in value | 1,1 M€ | 1,1 M€ |
| Other operating expenses | 809 t€ | 774 t€ |
| Operating profit (loss) | 23 t€ | -443 t€ |
| Financial income and expenses + (-) | 1 166 € | 16 t€ |
| Profit (loss) before appropriations and taxes | 21 t€ | -459 t€ |
| Income taxes | 0 € | -164 € |
| Profit (loss) for the financial year | 21 t€ | -459 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | |
|---|---|---|
| Non-current assets | 12,5 M€ | 12,7 M€ |
| Stocks | 1,8 M€ | 1,5 M€ |
| Receivables | 1,7 M€ | 1,7 M€ |
| Cash in hand and at banks | 192 t€ | 484 t€ |
| Current assets | 3,7 M€ | 3,8 M€ |
| Assets | 16,2 M€ | 16,5 M€ |
| Share capital or other similar capital | 252 t€ | 252 t€ |
| Capital and reserves | 7,4 M€ | 7,3 M€ |
| Long-term liabilities | 6,9 M€ | 7,1 M€ |
| Short-term liabilities | 1,9 M€ | 2,1 M€ |
| Liabilities | 8,9 M€ | 9,1 M€ |
All financial statement items (66)
| 31.12.2025 | 31.12.2024 | |
|---|---|---|
| Turnover | 9,5 M€ | 9,5 M€ |
| Other operating income | 29 t€ | 23 t€ |
| Raw materials and services | 6,8 M€ | 7,2 M€ |
| Personnel expenses | 852 t€ | 863 t€ |
| Depreciations and reductions in value | 1,1 M€ | 1,1 M€ |
| Other operating expenses | 809 t€ | 774 t€ |
| Operating profit (loss) | 23 t€ | -443 t€ |
| Financial income and expenses + (-) | 1 166 € | 16 t€ |
| Profit (loss) before appropriations and taxes | 21 t€ | -459 t€ |
| Income taxes | 0 € | -164 € |
| Profit (loss) for the financial year | 21 t€ | -459 t€ |
| Non-current assets | 12,5 M€ | 12,7 M€ |
| Stocks | 1,8 M€ | 1,5 M€ |
| Receivables | 1,7 M€ | 1,7 M€ |
| Cash in hand and at banks | 192 t€ | 484 t€ |
| Current assets | 3,7 M€ | 3,8 M€ |
| Assets | 16,2 M€ | 16,5 M€ |
| Share capital or other similar capital | 252 t€ | 252 t€ |
| Capital and reserves | 7,4 M€ | 7,3 M€ |
| Long-term liabilities | 6,9 M€ | 7,1 M€ |
| Short-term liabilities | 1,9 M€ | 2,1 M€ |
| Liabilities | 8,9 M€ | 9,1 M€ |
| Long-term loan receivables | 215 t€ | 173 t€ |
| Purchases during the financial year | 6,4 M€ | 6,7 M€ |
| Depreciations according to plan | 1,1 M€ | 1,1 M€ |
| Intangible rights | 63 t€ | 53 t€ |
| Advance payments and construction in progress | 0 € | 310 t€ |
| Pension expenses | 122 t€ | 125 t€ |
| Short-term sales receivables | 788 t€ | 787 t€ |
| Tangible assets | 12,0 M€ | 12,3 M€ |
| Wages and salaries | 704 t€ | 717 t€ |
| Other short-term receivables | 0 € | 282 € |
| Other shares and similar rights of ownership | 28 t€ | 28 t€ |
| Land and water areas, Owned | 446 t€ | 438 t€ |
| Profit (loss) for the period, equity | 21 t€ | -459 t€ |
| Long-term liabilities to Group companies | 2,0 M€ | 2,0 M€ |
| Income from shares in Group companies | 80 t€ | 80 t€ |
| Short-term liabilities to credit institutions | 193 t€ | 271 t€ |
| Other social security expenses | 25 t€ | 21 t€ |
| Other long-term liabilities | 4,8 M€ | 4,8 M€ |
| Intangible assets | 63 t€ | 53 t€ |
| Short-term accounts payable | 896 t€ | 948 t€ |
| Reserve for invested non-restricted equity | 1,5 M€ | 1,5 M€ |
| Current receivables from Group companies | 667 t€ | 740 t€ |
| Interest expenses and other financial expenses for Group companies | 76 t€ | 72 t€ |
| Machinery and equipment | 4,2 M€ | 4,4 M€ |
| Other interest and financial income from non-group companies | 8 987 € | 9 655 € |
| Liabilities | 16,2 M€ | 16,5 M€ |
| Shares and similar rights of ownership in subsidiaries | 430 t€ | 290 t€ |
| Buildings and structures, Owned | 7,3 M€ | 7,1 M€ |
| Services purchased | 669 t€ | 537 t€ |
| Short-term prepayments and accrued income | 21 t€ | 35 t€ |
| Retained earnings | 5,6 M€ | 6,0 M€ |
| Income from other investments under non-current assets, from other companies | 600 € | 800 € |
| Inventory increase (+) or decrease (-) | -273 t€ | -26 t€ |
| Short-term liabilities to Group companies | 412 t€ | 454 t€ |
| Short-term accrued expenses and deferred income | 162 t€ | 165 t€ |
| Other tangible assets | 67 t€ | 90 t€ |
| Investments | 458 t€ | 318 t€ |
| Long-term liabilities to credit institutions | 103 t€ | 297 t€ |
| Long-term receivables | 215 t€ | 173 t€ |
| Other current liabilities | 274 t€ | 231 t€ |
| Materials and supplies | 1,8 M€ | 1,5 M€ |
| Interest expenses and other financial expenses for non-Group companies | 15 t€ | 35 t€ |
| Other interest and financial income from Group companies | 361 € | 0 € |
| Short-term receivables | 1,5 M€ | 1,6 M€ |
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
Procurements as a buyer
- Jurvan ilmavesilämpöpumpun hankintaCall for tenders
- Jurvan ilmavesilämpöpumpun hankintaCall for tenders
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