Hakeyhtymä Kankaanmäki Oy is a limited company based in Hämeenlinna, registered in 1982. In the financial year ending 30.4.2026, revenue was 5,9 M€ and operating profit 314 t€; equity ratio 60.3 %. Its taxable income in 2024 was 371 t€ and its income taxes 76 t€.
Revenue 20265,9 M€+5 % on the previous year
Operating profit314 t€5,3 % of revenue
Net profit216 t€EBITDA -160 t€
Equity ratio60,3 %quick ratio 2,30
Taxable income 2024371 t€
top quarter of its industry
Income taxes 202476 t€232 t€ in 2020–2024
In business44 yrsregistered 14.10.1982
Financials
RevenueOperating profitNet profit
| Key figures | 30.4.2026 | 30.4.2025 | 30.4.2024 | 30.4.2023 |
|---|---|---|---|---|
| Revenue | 5,9 M€ | 5,7 M€ | 7,4 M€ | 6,4 M€ |
| Revenue change | 4,8 % | -23,5 % | 16,4 % | – |
| EBITDA | -160 t€ | 1,1 M€ | 1,2 M€ | 868 t€ |
| EBITDA % | -2,7 % | 18,6 % | 16,7 % | 13,7 % |
| Operating profit | 314 t€ | 329 t€ | 397 t€ | 254 t€ |
| Operating margin | 5,3 % | 5,8 % | 5,4 % | 4,0 % |
| Net profit | 216 t€ | 221 t€ | 290 t€ | 183 t€ |
| Personnel costs | -1,1 M€ | 1,2 M€ | 1,3 M€ | 1,2 M€ |
| Equity ratio | 60,3 % | 62,6 % | 57,3 % | 56,3 % |
| Quick ratio | 2,30 | 2,25 | 2,04 | 1,70 |
| Current ratio | 2,30 | 2,25 | 2,04 | 1,70 |
| Debt to revenue | 25,9 % | 24,3 % | 22,8 % | 26,2 % |
| Return on equity | 9,3 % | 9,6 % | 12,8 % | 8,5 % |
| Balance sheet total | 3,9 M€ | 3,7 M€ | 3,9 M€ | 3,8 M€ |
| Equity | 2,3 M€ | 2,3 M€ | 2,3 M€ | 2,1 M€ |
| Cash and bank | 1,7 M€ | 1,4 M€ | 1,4 M€ | 1,3 M€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 30.4.2026 | 30.4.2025 | 30.4.2024 | 30.4.2023 | |
|---|---|---|---|---|
| Turnover | 5,9 M€ | 5,7 M€ | 7,4 M€ | 6,4 M€ |
| Other operating income | 0 € | 347 t€ | 119 € | 11 t€ |
| Raw materials and services | 3,6 M€ | -3,4 M€ | -4,4 M€ | -3,2 M€ |
| Personnel expenses | 1,1 M€ | -1,2 M€ | -1,3 M€ | -1,2 M€ |
| Depreciations and reductions in value | 474 t€ | -726 t€ | -839 t€ | -614 t€ |
| Other operating expenses | 414 t€ | -408 t€ | -402 t€ | -1,0 M€ |
| Operating profit (loss) | 314 t€ | 329 t€ | 397 t€ | 254 t€ |
| Financial income and expenses + (-) | 41 t€ | -51 t€ | -33 t€ | -26 t€ |
| Profit (loss) before appropriations and taxes | 273 t€ | 277 t€ | 364 t€ | 229 t€ |
| Income taxes | 57 t€ | -56 t€ | -74 t€ | -46 t€ |
| Profit (loss) for the financial year | 216 t€ | 221 t€ | 290 t€ | 183 t€ |
Balance sheet
| 30.4.2026 | 30.4.2025 | 30.4.2024 | 30.4.2023 | |
|---|---|---|---|---|
| Non-current assets | 1,8 M€ | 2,0 M€ | 2,1 M€ | 2,1 M€ |
| Receivables | 336 t€ | 285 t€ | 426 t€ | 418 t€ |
| Cash in hand and at banks | 1,7 M€ | 1,4 M€ | 1,4 M€ | 1,3 M€ |
| Current assets | 2,1 M€ | 1,6 M€ | 1,9 M€ | 1,7 M€ |
| Assets | 3,9 M€ | 3,7 M€ | 3,9 M€ | 3,8 M€ |
| Share capital or other similar capital | 8 100 € | 8 100 € | 8 100 € | 8 100 € |
| Capital and reserves | 2,3 M€ | 2,3 M€ | 2,3 M€ | 2,1 M€ |
| Long-term liabilities | 629 t€ | 647 t€ | 765 t€ | 636 t€ |
| Short-term liabilities | 905 t€ | 728 t€ | 918 t€ | 1,0 M€ |
| Liabilities | 1,5 M€ | 1,4 M€ | 1,7 M€ | 1,7 M€ |
All financial statement items (51)
| 30.4.2026 | 30.4.2025 | 30.4.2024 | 30.4.2023 | |
|---|---|---|---|---|
| Turnover | 5,9 M€ | 5,7 M€ | 7,4 M€ | 6,4 M€ |
| Other operating income | 0 € | 347 t€ | 119 € | 11 t€ |
| Raw materials and services | 3,6 M€ | -3,4 M€ | -4,4 M€ | -3,2 M€ |
| Personnel expenses | 1,1 M€ | -1,2 M€ | -1,3 M€ | -1,2 M€ |
| Depreciations and reductions in value | 474 t€ | -726 t€ | -839 t€ | -614 t€ |
| Other operating expenses | 414 t€ | -408 t€ | -402 t€ | -1,0 M€ |
| Operating profit (loss) | 314 t€ | 329 t€ | 397 t€ | 254 t€ |
| Financial income and expenses + (-) | 41 t€ | -51 t€ | -33 t€ | -26 t€ |
| Profit (loss) before appropriations and taxes | 273 t€ | 277 t€ | 364 t€ | 229 t€ |
| Income taxes | 57 t€ | -56 t€ | -74 t€ | -46 t€ |
| Profit (loss) for the financial year | 216 t€ | 221 t€ | 290 t€ | 183 t€ |
| Non-current assets | 1,8 M€ | 2,0 M€ | 2,1 M€ | 2,1 M€ |
| Receivables | 336 t€ | 285 t€ | 426 t€ | 418 t€ |
| Cash in hand and at banks | 1,7 M€ | 1,4 M€ | 1,4 M€ | 1,3 M€ |
| Current assets | 2,1 M€ | 1,6 M€ | 1,9 M€ | 1,7 M€ |
| Assets | 3,9 M€ | 3,7 M€ | 3,9 M€ | 3,8 M€ |
| Share capital or other similar capital | 8 100 € | 8 100 € | 8 100 € | 8 100 € |
| Capital and reserves | 2,3 M€ | 2,3 M€ | 2,3 M€ | 2,1 M€ |
| Long-term liabilities | 629 t€ | 647 t€ | 765 t€ | 636 t€ |
| Short-term liabilities | 905 t€ | 728 t€ | 918 t€ | 1,0 M€ |
| Liabilities | 1,5 M€ | 1,4 M€ | 1,7 M€ | 1,7 M€ |
| Long-term liabilities to credit institutions | 629 t€ | 647 t€ | 765 t€ | 69 t€ |
| Investments | 790 € | 790 € | 790 € | 790 € |
| Depreciations according to plan | 474 t€ | -726 t€ | -839 t€ | -614 t€ |
| Short-term sales receivables | 252 t€ | 260 t€ | 347 t€ | 371 t€ |
| Pension expenses | 165 t€ | -175 t€ | -264 t€ | -191 t€ |
| Other intangible assets | – | – | 0 € | 831 € |
| Share premium reserve | 1 991 € | 1 991 € | 1 991 € | 1 991 € |
| Profit (loss) for the period, equity | 216 t€ | 221 t€ | 290 t€ | 183 t€ |
| Interest expenses and other financial expenses for non-Group companies | 41 t€ | -52 t€ | -33 t€ | -26 t€ |
| Short-term liabilities to credit institutions | 389 t€ | 356 t€ | 405 t€ | 360 t€ |
| Intangible assets | – | – | 0 € | 831 € |
| Short-term receivables | 336 t€ | 285 t€ | 426 t€ | 418 t€ |
| Liabilities | 3,9 M€ | 3,7 M€ | 3,9 M€ | 3,8 M€ |
| Wages and salaries | 889 t€ | -934 t€ | -984 t€ | -1,0 M€ |
| Services purchased | 2,4 M€ | -2,2 M€ | -2,7 M€ | -2,7 M€ |
| Other social security expenses | 47 t€ | -67 t€ | -55 t€ | -48 t€ |
| Tangible assets | 1,8 M€ | 2,0 M€ | 2,1 M€ | 2,1 M€ |
| Short-term accounts payable | 186 t€ | 111 t€ | 256 t€ | 160 t€ |
| Short-term accrued expenses and deferred income | 191 t€ | 191 t€ | 201 t€ | 259 t€ |
| Other short-term receivables | 48 t€ | 0 € | 57 t€ | 31 t€ |
| Other interest and financial income from non-group companies | 24 € | 361 € | 2 € | 39 € |
| Other current liabilities | 138 t€ | 70 t€ | 56 t€ | 249 t€ |
| Long-term accounts payable | – | – | 0 € | 567 t€ |
| Other receivables (investments) | 790 € | 790 € | 790 € | 790 € |
| Purchases during the financial year | 1,2 M€ | -1,2 M€ | -1,8 M€ | -490 t€ |
| Short-term prepayments and accrued income | 35 t€ | 24 t€ | 22 t€ | 16 t€ |
| Machinery and equipment | 1,3 M€ | 1,6 M€ | 1,5 M€ | 1,5 M€ |
| Buildings and structures, Owned | 370 t€ | 398 t€ | 474 t€ | 508 t€ |
| Retained earnings | 2,1 M€ | 2,1 M€ | 2,0 M€ | 1,9 M€ |
| Land and water areas, Owned | 71 t€ | 71 t€ | 78 t€ | 78 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
Measured by taxable income, Hakeyhtymä Kankaanmäki Oy is in the top quarter of the industry class sawmilling and planing of wood (165 companies with taxable income; median 29 t€, 13 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.
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