Suomen Lanka Oy is a limited company based in Lappajärvi, registered in 1982. In the financial year ending 30.9.2025, revenue was 431 t€ and operating profit 26 t€; equity ratio 92.2 %. Its taxable income in 2024 was 32 t€ and its income taxes 6 437 €. Public buyers bought 196 € from it in 2023–2023; the largest buyer is Museovirasto (Opetus- ja kulttuuriministeriön hallinnonala).
Revenue 2025431 t€+3 % on the previous year
Operating profit26 t€5,9 % of revenue
Net profit20 t€EBITDA 10 t€
Equity ratio92,2 %quick ratio 5,44
Taxable income 202432 t€
upper half of its industry
Income taxes 20246 437 €100 t€ in 2020–2024
In business44 yrsregistered 1.7.1982
Sales to public buyers196 €2023–2023
Financials
RevenueOperating profitNet profit
| Key figures | 30.9.2025 | 30.9.2024 | 30.9.2023 | 30.9.2022 | 30.9.2021 | 30.9.2020 |
|---|---|---|---|---|---|---|
| Revenue | 431 t€ | 420 t€ | 607 t€ | 447 t€ | 664 t€ | 686 t€ |
| Revenue change | 2,7 % | -30,9 % | 35,9 % | -32,6 % | -3,3 % | – |
| EBITDA | 10 t€ | 39 t€ | 71 t€ | 58 t€ | 181 t€ | 182 t€ |
| EBITDA % | 2,4 % | 9,3 % | 11,7 % | 13,0 % | 27,3 % | 26,5 % |
| Operating profit | 26 t€ | 34 t€ | 64 t€ | 51 t€ | 174 t€ | 175 t€ |
| Operating margin | 5,9 % | 8,1 % | 10,6 % | 11,4 % | 26,2 % | 25,5 % |
| Net profit | 20 t€ | 26 t€ | 50 t€ | 41 t€ | 138 t€ | 137 t€ |
| Personnel costs | -149 t€ | 154 t€ | 161 t€ | 117 t€ | 160 t€ | 166 t€ |
| Equity ratio | 92,2 % | 81,0 % | 80,9 % | 80,2 % | 69,7 % | 60,7 % |
| Quick ratio | 5,44 | 2,50 | 3,66 | 4,82 | 3,60 | 3,35 |
| Current ratio | 9,42 | 3,82 | 5,59 | 6,91 | 4,65 | 4,15 |
| Debt to revenue | 7,8 % | 23,1 % | 16,5 % | 22,8 % | 26,7 % | 26,7 % |
| Return on equity | 5,1 % | 6,2 % | 11,7 % | 9,8 % | 33,8 % | 48,4 % |
| Balance sheet total | 432 t€ | 511 t€ | 527 t€ | 515 t€ | 585 t€ | 466 t€ |
| Equity | 398 t€ | 415 t€ | 427 t€ | 413 t€ | 408 t€ | 283 t€ |
| Cash and bank | 90 t€ | 172 t€ | 218 t€ | 229 t€ | 350 t€ | 271 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 30.9.2025 | 30.9.2024 | 30.9.2023 | 30.9.2022 | 30.9.2021 | 30.9.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 431 t€ | 420 t€ | 607 t€ | 447 t€ | 664 t€ | 686 t€ |
| Other operating income | 359 € | 161 € | 161 € | 395 € | 258 € | 532 € |
| Raw materials and services | 166 t€ | -143 t€ | -294 t€ | -208 t€ | -242 t€ | -261 t€ |
| Personnel expenses | 149 t€ | -154 t€ | -161 t€ | -117 t€ | -160 t€ | -166 t€ |
| Depreciations and reductions in value | 15 t€ | -5 109 € | -6 588 € | -7 084 € | -7 693 € | -7 073 € |
| Other operating expenses | 76 t€ | -84 t€ | -83 t€ | -64 t€ | -81 t€ | -77 t€ |
| Operating profit (loss) | 26 t€ | 34 t€ | 64 t€ | 51 t€ | 174 t€ | 175 t€ |
| Financial income and expenses + (-) | 478 € | -2 086 € | -1 474 € | -252 € | -1 319 € | -3 844 € |
| Profit (loss) before appropriations and taxes | 25 t€ | 32 t€ | 63 t€ | 51 t€ | 172 t€ | 171 t€ |
| Income taxes | 5 049 € | -6 437 € | -13 t€ | -10 t€ | -34 t€ | -34 t€ |
| Profit (loss) for the financial year | 20 t€ | 26 t€ | 50 t€ | 41 t€ | 138 t€ | 137 t€ |
Balance sheet
| 30.9.2025 | 30.9.2024 | 30.9.2023 | 30.9.2022 | 30.9.2021 | 30.9.2020 | |
|---|---|---|---|---|---|---|
| Non-current assets | 114 t€ | 141 t€ | 89 t€ | 91 t€ | 43 t€ | 42 t€ |
| Stocks | 134 t€ | 128 t€ | 151 t€ | 128 t€ | 123 t€ | 82 t€ |
| Receivables | 94 t€ | 70 t€ | 70 t€ | 66 t€ | 68 t€ | 71 t€ |
| Cash in hand and at banks | 90 t€ | 172 t€ | 218 t€ | 229 t€ | 350 t€ | 271 t€ |
| Current assets | 318 t€ | 370 t€ | 439 t€ | 424 t€ | 541 t€ | 424 t€ |
| Assets | 432 t€ | 511 t€ | 527 t€ | 515 t€ | 585 t€ | 466 t€ |
| Share capital or other similar capital | 8 000 € | 8 000 € | 8 000 € | 8 000 € | 8 000 € | 8 000 € |
| Capital and reserves | 398 t€ | 415 t€ | 427 t€ | 413 t€ | 408 t€ | 283 t€ |
| Long-term liabilities | – | 0 € | 22 t€ | 40 t€ | 61 t€ | 81 t€ |
| Short-term liabilities | 34 t€ | 97 t€ | 79 t€ | 61 t€ | 116 t€ | 102 t€ |
| Liabilities | 34 t€ | 97 t€ | 100 t€ | 102 t€ | 177 t€ | 183 t€ |
All financial statement items (52)
| 30.9.2025 | 30.9.2024 | 30.9.2023 | 30.9.2022 | 30.9.2021 | 30.9.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 431 t€ | 420 t€ | 607 t€ | 447 t€ | 664 t€ | 686 t€ |
| Other operating income | 359 € | 161 € | 161 € | 395 € | 258 € | 532 € |
| Raw materials and services | 166 t€ | -143 t€ | -294 t€ | -208 t€ | -242 t€ | -261 t€ |
| Personnel expenses | 149 t€ | -154 t€ | -161 t€ | -117 t€ | -160 t€ | -166 t€ |
| Depreciations and reductions in value | 15 t€ | -5 109 € | -6 588 € | -7 084 € | -7 693 € | -7 073 € |
| Other operating expenses | 76 t€ | -84 t€ | -83 t€ | -64 t€ | -81 t€ | -77 t€ |
| Operating profit (loss) | 26 t€ | 34 t€ | 64 t€ | 51 t€ | 174 t€ | 175 t€ |
| Financial income and expenses + (-) | 478 € | -2 086 € | -1 474 € | -252 € | -1 319 € | -3 844 € |
| Profit (loss) before appropriations and taxes | 25 t€ | 32 t€ | 63 t€ | 51 t€ | 172 t€ | 171 t€ |
| Income taxes | 5 049 € | -6 437 € | -13 t€ | -10 t€ | -34 t€ | -34 t€ |
| Profit (loss) for the financial year | 20 t€ | 26 t€ | 50 t€ | 41 t€ | 138 t€ | 137 t€ |
| Non-current assets | 114 t€ | 141 t€ | 89 t€ | 91 t€ | 43 t€ | 42 t€ |
| Stocks | 134 t€ | 128 t€ | 151 t€ | 128 t€ | 123 t€ | 82 t€ |
| Receivables | 94 t€ | 70 t€ | 70 t€ | 66 t€ | 68 t€ | 71 t€ |
| Cash in hand and at banks | 90 t€ | 172 t€ | 218 t€ | 229 t€ | 350 t€ | 271 t€ |
| Current assets | 318 t€ | 370 t€ | 439 t€ | 424 t€ | 541 t€ | 424 t€ |
| Assets | 432 t€ | 511 t€ | 527 t€ | 515 t€ | 585 t€ | 466 t€ |
| Share capital or other similar capital | 8 000 € | 8 000 € | 8 000 € | 8 000 € | 8 000 € | 8 000 € |
| Capital and reserves | 398 t€ | 415 t€ | 427 t€ | 413 t€ | 408 t€ | 283 t€ |
| Long-term liabilities | – | 0 € | 22 t€ | 40 t€ | 61 t€ | 81 t€ |
| Short-term liabilities | 34 t€ | 97 t€ | 79 t€ | 61 t€ | 116 t€ | 102 t€ |
| Liabilities | 34 t€ | 97 t€ | 100 t€ | 102 t€ | 177 t€ | 183 t€ |
| Buildings and structures, Owned | 11 t€ | 12 t€ | 12 t€ | 13 t€ | 14 t€ | 15 t€ |
| Purchases during the financial year | 172 t€ | -119 t€ | -314 t€ | -210 t€ | -286 t€ | -264 t€ |
| Short-term receivables | 94 t€ | 70 t€ | 70 t€ | 66 t€ | 68 t€ | 71 t€ |
| Advance payments and construction in progress | 0 € | 58 t€ | 0 € | – | – | – |
| Other short-term receivables | 24 t€ | 0 € | – | – | – | – |
| Profit (loss) for the period, equity | 20 t€ | 26 t€ | 50 t€ | 41 t€ | 138 t€ | 137 t€ |
| Tangible assets | 64 t€ | 91 t€ | 39 t€ | 41 t€ | 43 t€ | 42 t€ |
| Advance payments | – | – | – | – | 0 € | 5 085 € |
| Short-term accrued expenses and deferred income | 4 794 € | 5 100 € | 11 t€ | 7 032 € | 22 t€ | 35 t€ |
| Interest expenses and other financial expenses for non-Group companies | 544 € | -2 093 € | -1 528 € | -361 € | -1 319 € | -3 852 € |
| Long-term liabilities to credit institutions | – | 0 € | 22 t€ | 40 t€ | 61 t€ | 81 t€ |
| Other social security expenses | 4 565 € | -5 613 € | -5 969 € | -4 425 € | -5 247 € | -4 965 € |
| Other shares and similar rights of ownership | 50 t€ | 50 t€ | 50 t€ | 50 t€ | 0 € | – |
| Short-term sales receivables | 60 t€ | 65 t€ | 47 t€ | 35 t€ | 68 t€ | 66 t€ |
| Depreciations according to plan | 15 t€ | -5 109 € | -6 588 € | -7 084 € | -7 693 € | -7 073 € |
| Other current liabilities | 22 t€ | 22 t€ | 24 t€ | 15 t€ | 32 t€ | 36 t€ |
| Inventory increase (+) or decrease (-) | -6 162 € | -23 t€ | 23 t€ | 5 598 € | 46 t€ | 3 023 € |
| Short-term accounts payable | 6 959 € | 49 t€ | 23 t€ | 19 t€ | 42 t€ | 11 t€ |
| Retained earnings | 370 t€ | 381 t€ | 369 t€ | 364 t€ | 262 t€ | 138 t€ |
| Machinery and equipment | 44 t€ | 13 t€ | 17 t€ | 18 t€ | 20 t€ | 18 t€ |
| Wages and salaries | 120 t€ | -123 t€ | -126 t€ | -95 t€ | -138 t€ | -146 t€ |
| Other interest and financial income from non-group companies | 66 € | 7 € | 54 € | 109 € | 0 € | 7 € |
| Land and water areas, Owned | 9 215 € | 9 215 € | 9 215 € | 9 215 € | 9 215 € | 9 215 € |
| Short-term liabilities to credit institutions | 0 € | 20 t€ | 20 t€ | 20 t€ | 20 t€ | 20 t€ |
| Investments | 50 t€ | 50 t€ | 50 t€ | 50 t€ | 0 € | – |
| Pension expenses | 24 t€ | -25 t€ | -29 t€ | -18 t€ | -17 t€ | -15 t€ |
| Materials and supplies | 134 t€ | 128 t€ | 151 t€ | 128 t€ | 123 t€ | 77 t€ |
| Services purchased | 676 € | -1 614 € | -1 947 € | -3 742 € | -1 620 € | 292 € |
| Liabilities | 432 t€ | 511 t€ | 527 t€ | 515 t€ | 585 t€ | 466 t€ |
| Short-term prepayments and accrued income | 9 500 € | 5 141 € | 23 t€ | 31 t€ | 0 € | 4 249 € |
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, Suomen Lanka Oy is in the upper half of the industry manufacture of carpets and rugs (147 companies with taxable income; median 23 t€).
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
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