Lammin Paja Oy is a limited company based in Hämeenlinna, registered in 1980. In the financial year ending 31.3.2026, revenue was 19 t€ and operating profit -3 191 €; equity ratio 90.6 %.
Revenue 202619 t€+13 % on the previous year
Operating profit-3 191 €-17,0 % of revenue
Net profit516 €EBITDA -3 634 €
Equity ratio90,6 %quick ratio 1,95
In business46 yrsregistered 11.7.1980
Hämeenlinna: 19 new companies in 30 days
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Financials
RevenueOperating profitNet profit
| Key figures | 31.3.2026 | 31.3.2025 | 31.3.2024 | 31.3.2023 |
|---|---|---|---|---|
| Revenue | 19 t€ | 17 t€ | 9 857 € | 390 t€ |
| Revenue change | 13,4 % | 67,5 % | -97,5 % | – |
| EBITDA | -3 634 € | -7 263 € | -12 t€ | 184 t€ |
| EBITDA % | -19,4 % | -44,0 % | -122,4 % | 47,1 % |
| Operating profit | -3 191 € | -7 263 € | -12 t€ | 184 t€ |
| Operating margin | -17,0 % | -44,0 % | -122,4 % | 47,1 % |
| Net profit | 516 € | -6 296 € | -11 t€ | 146 t€ |
| Personnel costs | – | 0 € | 240 € | 112 t€ |
| Equity ratio | 90,6 % | 91,7 % | 98,6 % | 90,1 % |
| Quick ratio | 1,95 | 2,11 | 24,18 | 8,44 |
| Current ratio | 1,95 | 2,11 | 24,37 | 8,46 |
| Debt to revenue | 65,6 % | 69,3 % | 21,5 % | 4,8 % |
| Return on equity | 0,4 % | -5,0 % | -7,7 % | 86,2 % |
| Balance sheet total | 131 t€ | 139 t€ | 147 t€ | 188 t€ |
| Equity | 119 t€ | 127 t€ | 145 t€ | 170 t€ |
| Cash and bank | 2 612 € | 2 355 € | 28 t€ | 136 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 | |
|---|---|---|---|---|
| Turnover | 19 t€ | 17 t€ | 9 857 € | 390 t€ |
| Other operating income | – | 0 € | 1 637 € | 254 t€ |
| Raw materials and services | 4 173 € | -4 595 € | -242 € | -297 t€ |
| Personnel expenses | – | 0 € | -240 € | -112 t€ |
| Depreciations and reductions in value | 443 € | 0 € | 0 € | -217 € |
| Other operating expenses | 17 t€ | -19 t€ | -23 t€ | -51 t€ |
| Operating profit (loss) | -3 191 € | -7 263 € | -12 t€ | 184 t€ |
| Financial income and expenses + (-) | -3 707 € | 967 € | 838 € | -925 € |
| Profit (loss) before appropriations and taxes | 516 € | -6 296 € | -11 t€ | 183 t€ |
| Income taxes | – | – | 0 € | -36 t€ |
| Profit (loss) for the financial year | 516 € | -6 296 € | -11 t€ | 146 t€ |
Balance sheet
| 31.3.2026 | 31.3.2025 | 31.3.2024 | 31.3.2023 | |
|---|---|---|---|---|
| Non-current assets | 107 t€ | 114 t€ | 96 t€ | 31 t€ |
| Stocks | – | 0 € | 400 € | 400 € |
| Receivables | 21 t€ | 22 t€ | 23 t€ | 21 t€ |
| Cash in hand and at banks | 2 612 € | 2 355 € | 28 t€ | 136 t€ |
| Current assets | 24 t€ | 24 t€ | 52 t€ | 157 t€ |
| Assets | 131 t€ | 139 t€ | 147 t€ | 188 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 119 t€ | 127 t€ | 145 t€ | 170 t€ |
| Short-term liabilities | 12 t€ | 11 t€ | 2 116 € | 19 t€ |
| Liabilities | 12 t€ | 11 t€ | 2 116 € | 19 t€ |
All financial statement items (47)
| 31.3.2026 | 31.3.2025 | 31.3.2024 | 31.3.2023 | |
|---|---|---|---|---|
| Turnover | 19 t€ | 17 t€ | 9 857 € | 390 t€ |
| Other operating income | – | 0 € | 1 637 € | 254 t€ |
| Raw materials and services | 4 173 € | -4 595 € | -242 € | -297 t€ |
| Personnel expenses | – | 0 € | -240 € | -112 t€ |
| Depreciations and reductions in value | 443 € | 0 € | 0 € | -217 € |
| Other operating expenses | 17 t€ | -19 t€ | -23 t€ | -51 t€ |
| Operating profit (loss) | -3 191 € | -7 263 € | -12 t€ | 184 t€ |
| Financial income and expenses + (-) | -3 707 € | 967 € | 838 € | -925 € |
| Profit (loss) before appropriations and taxes | 516 € | -6 296 € | -11 t€ | 183 t€ |
| Income taxes | – | – | 0 € | -36 t€ |
| Profit (loss) for the financial year | 516 € | -6 296 € | -11 t€ | 146 t€ |
| Non-current assets | 107 t€ | 114 t€ | 96 t€ | 31 t€ |
| Stocks | – | 0 € | 400 € | 400 € |
| Receivables | 21 t€ | 22 t€ | 23 t€ | 21 t€ |
| Cash in hand and at banks | 2 612 € | 2 355 € | 28 t€ | 136 t€ |
| Current assets | 24 t€ | 24 t€ | 52 t€ | 157 t€ |
| Assets | 131 t€ | 139 t€ | 147 t€ | 188 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 119 t€ | 127 t€ | 145 t€ | 170 t€ |
| Short-term liabilities | 12 t€ | 11 t€ | 2 116 € | 19 t€ |
| Liabilities | 12 t€ | 11 t€ | 2 116 € | 19 t€ |
| Profit (loss) for the period, equity | 516 € | -6 296 € | -11 t€ | 146 t€ |
| Machinery and equipment | 1 329 € | 0 € | 0 € | 651 € |
| Other shares and similar rights of ownership | 106 t€ | 114 t€ | 96 t€ | 31 t€ |
| Pension expenses | – | – | 0 € | -12 t€ |
| Short-term loan receivables | 20 t€ | 20 t€ | 20 t€ | 20 t€ |
| Short-term accounts payable | 1 147 € | 1 210 € | 1 141 € | 2 755 € |
| Short-term prepayments and accrued income | – | 0 € | 2 635 € | 188 € |
| Liabilities | 131 t€ | 139 t€ | 147 t€ | 188 t€ |
| Materials and supplies | – | 0 € | 400 € | 400 € |
| Short-term accrued expenses and deferred income | – | – | 0 € | 14 t€ |
| Short-term sales receivables | 1 137 € | 1 354 € | 460 € | 0 € |
| Interest expenses and other financial expenses for non-Group companies | 58 € | -87 € | -75 € | -1 512 € |
| Other current liabilities | 11 t€ | 10 t€ | 975 € | 2 164 € |
| Short-term receivables | 21 t€ | 22 t€ | 23 t€ | 21 t€ |
| Other short-term receivables | 233 € | 418 € | 216 € | 396 € |
| Income from other investments under non-current assets, from other companies | – | 0 € | 197 € | 72 € |
| Retained earnings | 116 t€ | 131 t€ | 154 t€ | 21 t€ |
| Investments | 106 t€ | 114 t€ | 96 t€ | 31 t€ |
| Inventory increase (+) or decrease (-) | 0 € | -400 € | 0 € | -71 t€ |
| Depreciations according to plan | 443 € | 0 € | 0 € | -217 € |
| Tangible assets | 1 329 € | 0 € | 0 € | 651 € |
| Services purchased | 1 120 € | 0 € | 0 € | -1 182 € |
| Purchases during the financial year | 3 053 € | -4 195 € | -242 € | -225 t€ |
| Other interest and financial income from non-group companies | 3 765 € | 1 053 € | 715 € | 516 € |
| Other social security expenses | – | – | 0 € | -2 926 € |
| Wages and salaries | – | 0 € | -240 € | -97 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
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.