Ab Wasa Gym Trading Oy is a limited company based in Vaasa, registered in 1987. In the financial year ending 31.1.2024, revenue was 649 t€ and operating profit 121 t€; equity ratio 30.2 %. Its taxable income in 2024 was 104 t€ and its income taxes 21 t€. Public buyers bought 1 395 € from it in 2022–2025; the largest buyer is Rikosseuraamuslaitos (Oikeusministeriön hallinnonala).
Financials
| Key figures | 31.1.2024 | 31.1.2023 |
|---|---|---|
| Revenue | 649 t€ | 670 t€ |
| Revenue change | -3,1 % | – |
| EBITDA | 123 t€ | 152 t€ |
| EBITDA % | 19,0 % | 22,7 % |
| Operating profit | 121 t€ | 148 t€ |
| Operating margin | 18,6 % | 22,2 % |
| Net profit | 83 t€ | -64 t€ |
| Personnel costs | 103 t€ | 144 t€ |
| Equity ratio | 30,2 % | 0,2 % |
| Quick ratio | 0,91 | 0,58 |
| Current ratio | 1,39 | 0,96 |
| Debt to revenue | 29,7 % | 40,2 % |
| Return on equity | 99,3 % | -11316,5 % |
| Balance sheet total | 276 t€ | 270 t€ |
| Equity | 83 t€ | 564 € |
| Cash and bank | 138 t€ | 139 t€ |
Balance sheet
Income statement and balance sheet
Income statement
| 31.1.2024 | 31.1.2023 | |
|---|---|---|
| Turnover | 649 t€ | 670 t€ |
| Other operating income | 85 € | 98 t€ |
| Raw materials and services | -363 t€ | -386 t€ |
| Personnel expenses | -103 t€ | -144 t€ |
| Depreciations and reductions in value | -2 794 € | -3 726 € |
| Other operating expenses | -59 t€ | -87 t€ |
| Operating profit (loss) | 121 t€ | 148 t€ |
| Financial income and expenses + (-) | -16 t€ | -190 t€ |
| Profit (loss) before appropriations and taxes | 104 t€ | -41 t€ |
| Income taxes | -22 t€ | -22 t€ |
| Profit (loss) for the financial year | 83 t€ | -64 t€ |
Balance sheet
| 31.1.2024 | 31.1.2023 | |
|---|---|---|
| Non-current assets | 8 383 € | 11 t€ |
| Stocks | 92 t€ | 103 t€ |
| Receivables | 37 t€ | 17 t€ |
| Cash in hand and at banks | 138 t€ | 139 t€ |
| Current assets | 268 t€ | 259 t€ |
| Assets | 276 t€ | 270 t€ |
| Share capital or other similar capital | 8 409 € | 8 409 € |
| Capital and reserves | 83 t€ | 564 € |
| Short-term liabilities | 193 t€ | 269 t€ |
| Liabilities | 193 t€ | 269 t€ |
All financial statement items (46)
| 31.1.2024 | 31.1.2023 | |
|---|---|---|
| Turnover | 649 t€ | 670 t€ |
| Other operating income | 85 € | 98 t€ |
| Raw materials and services | -363 t€ | -386 t€ |
| Personnel expenses | -103 t€ | -144 t€ |
| Depreciations and reductions in value | -2 794 € | -3 726 € |
| Other operating expenses | -59 t€ | -87 t€ |
| Operating profit (loss) | 121 t€ | 148 t€ |
| Financial income and expenses + (-) | -16 t€ | -190 t€ |
| Profit (loss) before appropriations and taxes | 104 t€ | -41 t€ |
| Income taxes | -22 t€ | -22 t€ |
| Profit (loss) for the financial year | 83 t€ | -64 t€ |
| Non-current assets | 8 383 € | 11 t€ |
| Stocks | 92 t€ | 103 t€ |
| Receivables | 37 t€ | 17 t€ |
| Cash in hand and at banks | 138 t€ | 139 t€ |
| Current assets | 268 t€ | 259 t€ |
| Assets | 276 t€ | 270 t€ |
| Share capital or other similar capital | 8 409 € | 8 409 € |
| Capital and reserves | 83 t€ | 564 € |
| Short-term liabilities | 193 t€ | 269 t€ |
| Liabilities | 193 t€ | 269 t€ |
| Retained earnings | -33 t€ | 31 t€ |
| Tangible assets | 8 383 € | 11 t€ |
| Wages and salaries | -83 t€ | -114 t€ |
| Long-term receivables | 17 € | 17 € |
| Other short-term receivables | 170 € | 1 246 € |
| Materials and supplies | 92 t€ | 103 t€ |
| Liabilities | 276 t€ | 270 t€ |
| Inventory increase (+) or decrease (-) | -11 t€ | 37 t€ |
| Machinery and equipment | 8 383 € | 11 t€ |
| Services purchased | -17 t€ | -29 t€ |
| Short-term sales receivables | 36 t€ | 13 t€ |
| Short-term accounts payable | 11 t€ | 24 t€ |
| Short-term prepayments and accrued income | 968 € | 2 518 € |
| Short-term accrued expenses and deferred income | 42 t€ | 34 t€ |
| Short-term receivables | 37 t€ | 17 t€ |
| Other long-term receivables | 17 € | 17 € |
| Other current liabilities | 139 t€ | 211 t€ |
| Other social security expenses | -819 € | -6 295 € |
| Profit (loss) for the period, equity | 83 t€ | -64 t€ |
| Other interest and financial income from non-group companies | 5 € | 6 930 € |
| Interest expenses and other financial expenses for non-Group companies | -16 t€ | -197 t€ |
| Reserve for invested non-restricted equity | 25 t€ | 25 t€ |
| Purchases during the financial year | -335 t€ | -395 t€ |
| Depreciations according to plan | -2 794 € | -3 726 € |
| Pension expenses | -20 t€ | -23 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, Ab Wasa Gym Trading Oy is in the top quarter of the industry class activities of sports clubs (354 companies with taxable income; median 21 t€, 5,0 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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