Koillis-Kuusamon Vesiosuuskunta is a cooperative based in Kuusamo, registered in 1981. In the financial year ending 31.12.2024, revenue was 52 t€ and operating profit 5 079 €; equity ratio 72.5 %.
Financials
| Key figures | 31.12.2024 | 31.12.2023 |
|---|---|---|
| Revenue | 52 t€ | 31 t€ |
| Revenue change | 68,9 % | – |
| EBITDA | 13 t€ | -3 177 € |
| EBITDA % | 24,7 % | -10,4 % |
| Operating profit | 5 079 € | -12 t€ |
| Operating margin | 9,8 % | -38,5 % |
| Net profit | 5 433 € | -11 t€ |
| Personnel costs | 8 897 € | 9 906 € |
| Equity ratio | 72,5 % | 75,5 % |
| Quick ratio | 1,01 | 0,87 |
| Current ratio | 1,01 | 0,87 |
| Debt to revenue | 161,4 % | 228,0 % |
| Return on equity | 2,5 % | -5,3 % |
| Balance sheet total | 304 t€ | 285 t€ |
| Equity | 221 t€ | 215 t€ |
| Cash and bank | 60 t€ | 51 t€ |
Balance sheet
Income statement and balance sheet
Income statement
| 31.12.2024 | 31.12.2023 | |
|---|---|---|
| Turnover | 52 t€ | 31 t€ |
| Raw materials and services | -574 € | -566 € |
| Personnel expenses | -8 897 € | -9 906 € |
| Depreciations and reductions in value | -7 711 € | -8 608 € |
| Other operating expenses | -29 t€ | -23 t€ |
| Operating profit (loss) | 5 079 € | -12 t€ |
| Financial income and expenses + (-) | 354 € | 441 € |
| Profit (loss) before appropriations and taxes | 5 433 € | -11 t€ |
| Profit (loss) for the financial year | 5 433 € | -11 t€ |
Balance sheet
| 31.12.2024 | 31.12.2023 | |
|---|---|---|
| Non-current assets | 220 t€ | 224 t€ |
| Receivables | 24 t€ | 9 981 € |
| Cash in hand and at banks | 60 t€ | 51 t€ |
| Current assets | 84 t€ | 61 t€ |
| Assets | 304 t€ | 285 t€ |
| Capital and reserves | 221 t€ | 215 t€ |
| Short-term liabilities | 83 t€ | 70 t€ |
| Liabilities | 83 t€ | 70 t€ |
All financial statement items (39)
| 31.12.2024 | 31.12.2023 | |
|---|---|---|
| Turnover | 52 t€ | 31 t€ |
| Raw materials and services | -574 € | -566 € |
| Personnel expenses | -8 897 € | -9 906 € |
| Depreciations and reductions in value | -7 711 € | -8 608 € |
| Other operating expenses | -29 t€ | -23 t€ |
| Operating profit (loss) | 5 079 € | -12 t€ |
| Financial income and expenses + (-) | 354 € | 441 € |
| Profit (loss) before appropriations and taxes | 5 433 € | -11 t€ |
| Profit (loss) for the financial year | 5 433 € | -11 t€ |
| Non-current assets | 220 t€ | 224 t€ |
| Receivables | 24 t€ | 9 981 € |
| Cash in hand and at banks | 60 t€ | 51 t€ |
| Current assets | 84 t€ | 61 t€ |
| Assets | 304 t€ | 285 t€ |
| Capital and reserves | 221 t€ | 215 t€ |
| Short-term liabilities | 83 t€ | 70 t€ |
| Liabilities | 83 t€ | 70 t€ |
| Other current liabilities | 73 t€ | 68 t€ |
| Other tangible assets | 202 t€ | 203 t€ |
| Liabilities | 304 t€ | 285 t€ |
| Short-term receivables | 24 t€ | 9 981 € |
| Other interest and financial income from non-group companies | 376 € | 441 € |
| Machinery and equipment | 8 834 € | 12 t€ |
| Retained earnings | -89 t€ | -78 t€ |
| Short-term accounts payable | 10 t€ | 1 915 € |
| Wages and salaries | -7 677 € | -9 040 € |
| Other shares and similar rights of ownership | 8 001 € | 8 001 € |
| Short-term sales receivables | 24 t€ | 8 507 € |
| Profit (loss) for the period, equity | 5 433 € | -11 t€ |
| Interest expenses and other financial expenses for non-Group companies | -21 € | 0 € |
| Pension expenses | -1 012 € | -692 € |
| Short-term prepayments and accrued income | 0 € | 1 474 € |
| Buildings and structures, Owned | 800 € | 860 € |
| Other social security expenses | -208 € | -174 € |
| Services purchased | -574 € | -566 € |
| Tangible assets | 212 t€ | 216 t€ |
| Depreciations according to plan | -7 711 € | -8 608 € |
| Short-term accrued expenses and deferred income | 137 € | 82 € |
| Investments | 8 001 € | 8 001 € |
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.
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