Visible Oy is a limited company based in Helsinki, registered in 1987. In the financial year ending 31.12.2025, revenue was 54 t€ and operating profit 3 438 €; equity ratio 81.7 %. Public buyers bought 1 500 € from it in 2026–2026; the largest buyer is Maa- ja metsätalousministeriö (Maa- ja metsätalousministeriön hallinnonala).
Revenue 202554 t€+19 % on the previous year
Operating profit3 438 €6,4 % of revenue
Net profit3 154 €EBITDA 3 035 €
Equity ratio81,7 %quick ratio 4,78
Taxable income 20240 €
-100 % on the previous year
Income taxes 20240 €414 € in 2020–2024
In business39 yrsregistered 1.4.1987
Sales to public buyers1 500 €2026–2026
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 |
|---|---|---|---|
| Revenue | 54 t€ | 45 t€ | 54 t€ |
| Revenue change | 18,7 % | -16,2 % | – |
| EBITDA | 3 035 € | -2 126 € | 2 104 € |
| EBITDA % | 5,6 % | -4,7 % | 3,9 % |
| Operating profit | 3 438 € | -2 126 € | 1 388 € |
| Operating margin | 6,4 % | -4,7 % | 2,6 % |
| Net profit | 3 154 € | -2 153 € | 1 035 € |
| Personnel costs | -25 t€ | 26 t€ | 28 t€ |
| Equity ratio | 81,7 % | 59,8 % | 59,7 % |
| Quick ratio | 4,78 | 1,87 | 2,04 |
| Current ratio | 4,78 | 1,87 | 2,04 |
| Debt to revenue | 3,2 % | 7,6 % | 9,1 % |
| Return on equity | 40,6 % | -41,7 % | 14,2 % |
| Balance sheet total | 9 516 € | 8 623 € | 12 t€ |
| Equity | 7 776 € | 5 159 € | 7 312 € |
| Cash and bank | 6 033 € | 3 627 € | 2 812 € |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.12.2025 | 31.12.2024 | 31.12.2023 | |
|---|---|---|---|
| Turnover | 54 t€ | 45 t€ | 54 t€ |
| Raw materials and services | 704 € | -513 € | -1 199 € |
| Personnel expenses | 25 t€ | -26 t€ | -28 t€ |
| Depreciations and reductions in value | 403 € | 0 € | -716 € |
| Other operating expenses | 24 t€ | -21 t€ | -23 t€ |
| Operating profit (loss) | 3 438 € | -2 126 € | 1 388 € |
| Financial income and expenses + (-) | 3 € | -27 € | 0 € |
| Profit (loss) before appropriations and taxes | 3 435 € | -2 153 € | 1 388 € |
| Income taxes | 280 € | 0 € | -353 € |
| Profit (loss) for the financial year | 3 154 € | -2 153 € | 1 035 € |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | |
|---|---|---|---|
| Non-current assets | 1 209 € | 2 149 € | 2 149 € |
| Receivables | 2 274 € | 2 847 € | 7 296 € |
| Cash in hand and at banks | 6 033 € | 3 627 € | 2 812 € |
| Current assets | 8 307 € | 6 474 € | 10 t€ |
| Assets | 9 516 € | 8 623 € | 12 t€ |
| Share capital or other similar capital | 2 523 € | 2 523 € | 2 523 € |
| Capital and reserves | 7 776 € | 5 159 € | 7 312 € |
| Short-term liabilities | 1 740 € | 3 464 € | 4 945 € |
| Liabilities | 1 740 € | 3 464 € | 4 945 € |
All financial statement items (42)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | |
|---|---|---|---|
| Turnover | 54 t€ | 45 t€ | 54 t€ |
| Raw materials and services | 704 € | -513 € | -1 199 € |
| Personnel expenses | 25 t€ | -26 t€ | -28 t€ |
| Depreciations and reductions in value | 403 € | 0 € | -716 € |
| Other operating expenses | 24 t€ | -21 t€ | -23 t€ |
| Operating profit (loss) | 3 438 € | -2 126 € | 1 388 € |
| Financial income and expenses + (-) | 3 € | -27 € | 0 € |
| Profit (loss) before appropriations and taxes | 3 435 € | -2 153 € | 1 388 € |
| Income taxes | 280 € | 0 € | -353 € |
| Profit (loss) for the financial year | 3 154 € | -2 153 € | 1 035 € |
| Non-current assets | 1 209 € | 2 149 € | 2 149 € |
| Receivables | 2 274 € | 2 847 € | 7 296 € |
| Cash in hand and at banks | 6 033 € | 3 627 € | 2 812 € |
| Current assets | 8 307 € | 6 474 € | 10 t€ |
| Assets | 9 516 € | 8 623 € | 12 t€ |
| Share capital or other similar capital | 2 523 € | 2 523 € | 2 523 € |
| Capital and reserves | 7 776 € | 5 159 € | 7 312 € |
| Short-term liabilities | 1 740 € | 3 464 € | 4 945 € |
| Liabilities | 1 740 € | 3 464 € | 4 945 € |
| Purchases during the financial year | 0 € | -33 € | -657 € |
| Short-term receivables | 1 081 € | 1 654 € | 6 103 € |
| Other long-term receivables | 1 193 € | 1 193 € | 1 193 € |
| Other short-term receivables | – | 0 € | 84 € |
| Profit (loss) for the period, equity | 3 154 € | -2 153 € | 1 035 € |
| Short-term loan receivables | – | 0 € | 22 € |
| Tangible assets | 1 209 € | 2 149 € | 2 149 € |
| Short-term accrued expenses and deferred income | 317 € | 0 € | 353 € |
| Interest expenses and other financial expenses for non-Group companies | 3 € | -31 € | 0 € |
| Other social security expenses | 157 € | -117 € | -110 € |
| Short-term sales receivables | 823 € | 1 654 € | 5 997 € |
| Depreciations according to plan | 403 € | 0 € | -716 € |
| Other current liabilities | 1 278 € | 3 106 € | 3 542 € |
| Short-term accounts payable | 144 € | 358 € | 1 051 € |
| Retained earnings | 2 099 € | 4 789 € | 3 755 € |
| Machinery and equipment | 1 209 € | 2 149 € | 2 149 € |
| Long-term receivables | 1 193 € | 1 193 € | 1 193 € |
| Wages and salaries | 24 t€ | -26 t€ | -28 t€ |
| Other interest and financial income from non-group companies | 0 € | 4 € | 0 € |
| Pension expenses | 277 € | 0 € | – |
| Services purchased | 704 € | -480 € | -542 € |
| Liabilities | 9 516 € | 8 623 € | 12 t€ |
| Short-term prepayments and accrued income | 258 € | 0 € | – |
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.
Sales to public buyers
Largest buyers
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