AD FIN Oy is a limited company based in Vantaa, registered in 1984. In the financial year ending 31.12.2023, revenue was 2,6 M€ and operating profit -36 t€; equity ratio 73.4 %. Its taxable income in 2024 was 572 t€ and its income taxes 116 t€. Public buyers bought 123 € from it in 2025–2025; the largest buyer is Rikosseuraamuslaitos (Oikeusministeriön hallinnonala).
Financials
| Key figures | 31.12.2023 | 31.12.2022 |
|---|---|---|
| Revenue | 2,6 M€ | 2,8 M€ |
| Revenue change | -9,2 % | – |
| EBITDA | -27 t€ | 218 t€ |
| EBITDA % | -1,1 % | 7,7 % |
| Operating profit | -36 t€ | 205 t€ |
| Operating margin | -1,4 % | 7,3 % |
| Net profit | 22 t€ | 165 t€ |
| Personnel costs | 560 t€ | 637 t€ |
| Equity ratio | 73,4 % | 70,8 % |
| Quick ratio | 3,69 | 3,38 |
| Current ratio | 3,80 | 3,48 |
| Debt to revenue | 26,9 % | 27,5 % |
| Return on equity | 1,2 % | 8,8 % |
| Balance sheet total | 2,6 M€ | 2,6 M€ |
| Equity | 1,9 M€ | 1,9 M€ |
| Cash and bank | 1,4 M€ | 1,3 M€ |
Balance sheet
Income statement and balance sheet
Income statement
| 31.12.2023 | 31.12.2022 | |
|---|---|---|
| Turnover | 2,6 M€ | 2,8 M€ |
| Other operating income | 2 910 € | 1 € |
| Raw materials and services | -668 t€ | -663 t€ |
| Personnel expenses | -560 t€ | -637 t€ |
| Depreciations and reductions in value | -9 648 € | -13 t€ |
| Other operating expenses | -1,4 M€ | -1,3 M€ |
| Operating profit (loss) | -36 t€ | 205 t€ |
| Financial income and expenses + (-) | 63 t€ | 1 473 € |
| Profit (loss) before appropriations and taxes | 26 t€ | 206 t€ |
| Income taxes | -4 453 € | -41 t€ |
| Profit (loss) for the financial year | 22 t€ | 165 t€ |
Balance sheet
| 31.12.2023 | 31.12.2022 | |
|---|---|---|
| Non-current assets | 31 t€ | 40 t€ |
| Stocks | 72 t€ | 77 t€ |
| Receivables | 742 t€ | 935 t€ |
| Cash in hand and at banks | 1,4 M€ | 1,3 M€ |
| Current assets | 2,6 M€ | 2,6 M€ |
| Assets | 2,6 M€ | 2,6 M€ |
| Share capital or other similar capital | 129 t€ | 129 t€ |
| Capital and reserves | 1,9 M€ | 1,9 M€ |
| Long-term liabilities | 17 t€ | 25 t€ |
| Short-term liabilities | 672 t€ | 750 t€ |
| Liabilities | 689 t€ | 775 t€ |
All financial statement items (57)
| 31.12.2023 | 31.12.2022 | |
|---|---|---|
| Turnover | 2,6 M€ | 2,8 M€ |
| Other operating income | 2 910 € | 1 € |
| Raw materials and services | -668 t€ | -663 t€ |
| Personnel expenses | -560 t€ | -637 t€ |
| Depreciations and reductions in value | -9 648 € | -13 t€ |
| Other operating expenses | -1,4 M€ | -1,3 M€ |
| Operating profit (loss) | -36 t€ | 205 t€ |
| Financial income and expenses + (-) | 63 t€ | 1 473 € |
| Profit (loss) before appropriations and taxes | 26 t€ | 206 t€ |
| Income taxes | -4 453 € | -41 t€ |
| Profit (loss) for the financial year | 22 t€ | 165 t€ |
| Non-current assets | 31 t€ | 40 t€ |
| Stocks | 72 t€ | 77 t€ |
| Receivables | 742 t€ | 935 t€ |
| Cash in hand and at banks | 1,4 M€ | 1,3 M€ |
| Current assets | 2,6 M€ | 2,6 M€ |
| Assets | 2,6 M€ | 2,6 M€ |
| Share capital or other similar capital | 129 t€ | 129 t€ |
| Capital and reserves | 1,9 M€ | 1,9 M€ |
| Long-term liabilities | 17 t€ | 25 t€ |
| Short-term liabilities | 672 t€ | 750 t€ |
| Liabilities | 689 t€ | 775 t€ |
| Short-term sales receivables | 668 t€ | 748 t€ |
| Other short-term receivables | 20 t€ | 90 t€ |
| Retained earnings | 1,6 M€ | 1,5 M€ |
| Income from other investments under non-current assets, from other companies | 4 243 € | 615 € |
| Inventory increase (+) or decrease (-) | -1 620 € | -14 t€ |
| Short-term accrued expenses and deferred income | 167 t€ | 175 t€ |
| Pension expenses | -75 t€ | -90 t€ |
| Other shares and similar rights of ownership | 1 606 € | 1 606 € |
| Short-term accounts payable | 425 t€ | 496 t€ |
| Other current liabilities | 78 t€ | 78 t€ |
| Other shares and holdings | 293 t€ | 289 t€ |
| Investments | 1 606 € | 1 606 € |
| Machinery and equipment | 29 t€ | 39 t€ |
| Long-term accrued expenses and deferred income | 17 t€ | 17 t€ |
| Other interest and financial income from non-group companies | 56 t€ | 11 t€ |
| Liabilities | 2,6 M€ | 2,6 M€ |
| Shares and holdings | 293 t€ | 289 t€ |
| Interest expenses and other financial expenses for non-Group companies | -1 353 € | -1 556 € |
| Purchases during the financial year | -447 t€ | -436 t€ |
| Tangible assets | 29 t€ | 39 t€ |
| Legal reserve | 7 568 € | 7 568 € |
| Short-term receivables | 742 t€ | 935 t€ |
| Wages and salaries | -458 t€ | -522 t€ |
| Profit (loss) for the period, equity | 22 t€ | 165 t€ |
| Depreciations according to plan | -9 648 € | -13 t€ |
| Long-term liabilities to credit institutions | 0 € | 8 620 € |
| Services purchased | -219 t€ | -213 t€ |
| Other social security expenses | -26 t€ | -24 t€ |
| Reductions in value of shares and holdings in current assets | 0 € | -9 065 € |
| Reserve for invested non-restricted equity | 23 t€ | 23 t€ |
| Impairment on investments for non-current assets | 4 210 € | 0 € |
| Share premium reserve | 67 t€ | 67 t€ |
| Finished products | 72 t€ | 77 t€ |
| Short-term advances received | 1 006 € | 1 006 € |
| Short-term prepayments and accrued income | 53 t€ | 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
Measured by taxable income, AD FIN Oy is in the top 10 % of the industry class wholesale of other motor vehicle parts and accessories (143 companies with taxable income; median 48 t€, 12 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.
Sales to public buyers
Largest buyers
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