Kultahiekat Oy is a limited company based in Vaala, registered in 1984. In the financial year ending 30.9.2025, revenue was 123 t€ and operating profit -16 t€; equity ratio 59.3 %. Its taxable income in 2024 was 11 t€ and its income taxes 2 289 €. It holds 1 alcohol licences.
Financials
| Key figures | 30.9.2025 | 30.9.2024 |
|---|---|---|
| Revenue | 123 t€ | 132 t€ |
| Revenue change | -6,3 % | – |
| EBITDA | -16 t€ | -11 t€ |
| EBITDA % | -12,8 % | -8,1 % |
| Operating profit | -16 t€ | 9 391 € |
| Operating margin | -12,8 % | 7,1 % |
| Net profit | -26 t€ | 6 424 € |
| Personnel costs | -25 t€ | -13 t€ |
| Equity ratio | 59,3 % | 70,4 % |
| Quick ratio | 0,88 | 1,13 |
| Current ratio | 0,88 | 1,14 |
| Debt to revenue | 97,9 % | 64,5 % |
| Return on equity | -14,9 % | 3,2 % |
| Balance sheet total | 297 t€ | 287 t€ |
| Equity | 176 t€ | 202 t€ |
| Cash and bank | 93 t€ | 80 t€ |
Balance sheet
Income statement and balance sheet
Income statement
| 30.9.2025 | 30.9.2024 | |
|---|---|---|
| Turnover | 123 t€ | 132 t€ |
| Raw materials and services | 33 t€ | 30 t€ |
| Personnel expenses | 25 t€ | 13 t€ |
| Depreciations and reductions in value | 0 € | 20 t€ |
| Other operating expenses | 81 t€ | 60 t€ |
| Operating profit (loss) | -16 t€ | 9 391 € |
| Financial income and expenses + (-) | 406 € | 117 € |
| Profit (loss) before appropriations and taxes | -16 t€ | 9 274 € |
| Income taxes | 10 t€ | 2 850 € |
| Profit (loss) for the financial year | -26 t€ | 6 424 € |
Balance sheet
| 30.9.2025 | 30.9.2024 | |
|---|---|---|
| Non-current assets | 190 t€ | 190 t€ |
| Stocks | 101 € | 1 446 € |
| Receivables | 14 t€ | 16 t€ |
| Cash in hand and at banks | 93 t€ | 80 t€ |
| Current assets | 107 t€ | 97 t€ |
| Assets | 297 t€ | 287 t€ |
| Share capital or other similar capital | 8 409 € | 8 409 € |
| Capital and reserves | 176 t€ | 202 t€ |
| Short-term liabilities | 121 t€ | 85 t€ |
| Liabilities | 121 t€ | 85 t€ |
All financial statement items (47)
| 30.9.2025 | 30.9.2024 | |
|---|---|---|
| Turnover | 123 t€ | 132 t€ |
| Raw materials and services | 33 t€ | 30 t€ |
| Personnel expenses | 25 t€ | 13 t€ |
| Depreciations and reductions in value | 0 € | 20 t€ |
| Other operating expenses | 81 t€ | 60 t€ |
| Operating profit (loss) | -16 t€ | 9 391 € |
| Financial income and expenses + (-) | 406 € | 117 € |
| Profit (loss) before appropriations and taxes | -16 t€ | 9 274 € |
| Income taxes | 10 t€ | 2 850 € |
| Profit (loss) for the financial year | -26 t€ | 6 424 € |
| Non-current assets | 190 t€ | 190 t€ |
| Stocks | 101 € | 1 446 € |
| Receivables | 14 t€ | 16 t€ |
| Cash in hand and at banks | 93 t€ | 80 t€ |
| Current assets | 107 t€ | 97 t€ |
| Assets | 297 t€ | 287 t€ |
| Share capital or other similar capital | 8 409 € | 8 409 € |
| Capital and reserves | 176 t€ | 202 t€ |
| Short-term liabilities | 121 t€ | 85 t€ |
| Liabilities | 121 t€ | 85 t€ |
| Pension expenses | 2 810 € | 2 715 € |
| Depreciations according to plan | 0 € | 20 t€ |
| Tangible assets | 190 t€ | 190 t€ |
| Retained earnings | 194 t€ | 187 t€ |
| Short-term receivables | 14 t€ | 16 t€ |
| Land and water areas, Rental rights | 4 020 € | 4 020 € |
| Other current liabilities | 118 t€ | 82 t€ |
| Short-term sales receivables | 3 276 € | 416 € |
| Short-term prepayments and accrued income | 6 077 € | 3 254 € |
| Other interest and financial income from non-group companies | 542 € | 16 € |
| Interest expenses and other financial expenses for non-Group companies | 920 € | 133 € |
| Short-term accounts payable | 1 124 € | 1 624 € |
| Land and water areas, Owned | 71 t€ | 71 t€ |
| Materials and supplies | 101 € | 1 446 € |
| Other tangible assets | 940 € | 940 € |
| Reductions in value of shares and holdings in current assets | 28 € | 0 € |
| Short-term accrued expenses and deferred income | 2 036 € | 1 257 € |
| Profit (loss) for the period, equity | -26 t€ | 6 424 € |
| Other social security expenses | 252 € | 292 € |
| Purchases during the financial year | 27 t€ | 28 t€ |
| Other short-term receivables | 4 486 € | 12 t€ |
| Services purchased | 5 019 € | 2 016 € |
| Buildings and structures, Owned | 70 t€ | 70 t€ |
| Wages and salaries | 22 t€ | 9 558 € |
| Liabilities | 297 t€ | 287 t€ |
| Inventory increase (+) or decrease (-) | 1 345 € | 0 € |
| Machinery and equipment | 44 t€ | 44 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, Kultahiekat Oy is in the lower half of the industry class camping grounds and recreational vehicle parks (55 companies with taxable income; median 18 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.
Alcohol licences
- Lomakylä KultahiekatManamansalontie 3881Anniskelu
Free monthly list: Vaala
Once a month by email: new leads in this municipality and its neighbours, the month's figures and the full list. No charge, no commitment, cancel any time.
Follow companies in your area
New companies, bankruptcies and changes of CEO and property manager in the areas and industries you choose, by email. 14-day free trial, cancel any time.
Try for free