Ranor Oy is a limited company based in Vaasa, registered in 1988. In the financial year ending 31.3.2026, revenue was 94 t€ and operating profit 5 338 €; equity ratio 40.3 %.
Revenue 202694 t€+89 % on the previous year
Operating profit5 338 €5,7 % of revenue
Net profit5 364 €EBITDA 3 349 €
Equity ratio40,3 %quick ratio 1,02
Taxable income 20240 €
profit as taxed
Income taxes 20240 €2 138 € in 2020–2024
In business38 yrsregistered 16.3.1988
Financials
RevenueOperating profitNet profit
| Key figures | 31.3.2026 | 31.3.2025 | 31.3.2024 | 31.3.2023 |
|---|---|---|---|---|
| Revenue | 94 t€ | 50 t€ | 94 t€ | 112 t€ |
| Revenue change | 89,2 % | -47,3 % | -15,8 % | – |
| EBITDA | 3 349 € | -7 602 € | -2 515 € | 1 595 € |
| EBITDA % | 3,6 % | -15,3 % | -2,7 % | 1,4 % |
| Operating profit | 5 338 € | -10 t€ | -6 052 € | -1 721 € |
| Operating margin | 5,7 % | -20,7 % | -6,4 % | -1,5 % |
| Net profit | 5 364 € | -10 t€ | -2 705 € | -5 885 € |
| Personnel costs | -10 t€ | 6 764 € | 6 277 € | 32 t€ |
| Equity ratio | 40,3 % | 4,1 % | 39,6 % | 43,2 % |
| Quick ratio | 1,02 | 0,59 | 1,03 | 0,98 |
| Current ratio | 1,02 | 0,59 | 1,03 | 0,98 |
| Debt to revenue | 9,7 % | 35,5 % | 17,9 % | 16,2 % |
| Return on equity | 87,6 % | -1358,5 % | -24,5 % | -42,8 % |
| Balance sheet total | 15 t€ | 18 t€ | 28 t€ | 32 t€ |
| Equity | 6 121 € | 757 € | 11 t€ | 14 t€ |
| Cash and bank | 7 949 € | 5 660 € | 7 554 € | 5 266 € |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.3.2026 | 31.3.2025 | 31.3.2024 | 31.3.2023 | |
|---|---|---|---|---|
| Turnover | 94 t€ | 50 t€ | 94 t€ | 112 t€ |
| Raw materials and services | 37 t€ | -11 t€ | -31 t€ | -26 t€ |
| Personnel expenses | 10 t€ | -6 764 € | -6 277 € | -32 t€ |
| Depreciations and reductions in value | 1 989 € | -2 653 € | -3 537 € | -3 316 € |
| Other operating expenses | 39 t€ | -39 t€ | -59 t€ | -52 t€ |
| Operating profit (loss) | 5 338 € | -10 t€ | -6 052 € | -1 721 € |
| Financial income and expenses + (-) | -26 € | -34 € | 19 € | 10 € |
| Profit (loss) before appropriations and taxes | 5 364 € | -10 t€ | -6 033 € | -1 711 € |
| Income taxes | – | 0 € | 3 328 € | -4 174 € |
| Profit (loss) for the financial year | 5 364 € | -10 t€ | -2 705 € | -5 885 € |
Balance sheet
| 31.3.2026 | 31.3.2025 | 31.3.2024 | 31.3.2023 | |
|---|---|---|---|---|
| Non-current assets | 5 968 € | 7 958 € | 11 t€ | 14 t€ |
| Receivables | 1 265 € | 4 720 € | 9 712 € | 12 t€ |
| Cash in hand and at banks | 7 949 € | 5 660 € | 7 554 € | 5 266 € |
| Current assets | 9 214 € | 10 t€ | 17 t€ | 18 t€ |
| Assets | 15 t€ | 18 t€ | 28 t€ | 32 t€ |
| Share capital or other similar capital | 2 523 € | 2 523 € | 2 523 € | 2 523 € |
| Capital and reserves | 6 121 € | 757 € | 11 t€ | 14 t€ |
| Short-term liabilities | 9 061 € | 18 t€ | 17 t€ | 18 t€ |
| Liabilities | 9 061 € | 18 t€ | 17 t€ | 18 t€ |
All financial statement items (39)
| 31.3.2026 | 31.3.2025 | 31.3.2024 | 31.3.2023 | |
|---|---|---|---|---|
| Turnover | 94 t€ | 50 t€ | 94 t€ | 112 t€ |
| Raw materials and services | 37 t€ | -11 t€ | -31 t€ | -26 t€ |
| Personnel expenses | 10 t€ | -6 764 € | -6 277 € | -32 t€ |
| Depreciations and reductions in value | 1 989 € | -2 653 € | -3 537 € | -3 316 € |
| Other operating expenses | 39 t€ | -39 t€ | -59 t€ | -52 t€ |
| Operating profit (loss) | 5 338 € | -10 t€ | -6 052 € | -1 721 € |
| Financial income and expenses + (-) | -26 € | -34 € | 19 € | 10 € |
| Profit (loss) before appropriations and taxes | 5 364 € | -10 t€ | -6 033 € | -1 711 € |
| Income taxes | – | 0 € | 3 328 € | -4 174 € |
| Profit (loss) for the financial year | 5 364 € | -10 t€ | -2 705 € | -5 885 € |
| Non-current assets | 5 968 € | 7 958 € | 11 t€ | 14 t€ |
| Receivables | 1 265 € | 4 720 € | 9 712 € | 12 t€ |
| Cash in hand and at banks | 7 949 € | 5 660 € | 7 554 € | 5 266 € |
| Current assets | 9 214 € | 10 t€ | 17 t€ | 18 t€ |
| Assets | 15 t€ | 18 t€ | 28 t€ | 32 t€ |
| Share capital or other similar capital | 2 523 € | 2 523 € | 2 523 € | 2 523 € |
| Capital and reserves | 6 121 € | 757 € | 11 t€ | 14 t€ |
| Short-term liabilities | 9 061 € | 18 t€ | 17 t€ | 18 t€ |
| Liabilities | 9 061 € | 18 t€ | 17 t€ | 18 t€ |
| Other current liabilities | 5 706 € | 8 155 € | 2 332 € | 11 t€ |
| Liabilities | 15 t€ | 18 t€ | 28 t€ | 32 t€ |
| Short-term receivables | 1 265 € | 4 720 € | 9 712 € | 12 t€ |
| Other short-term receivables | 0 € | 1 864 € | 1 861 € | 2 210 € |
| Other interest and financial income from non-group companies | 43 € | 85 € | 39 € | 0 € |
| Machinery and equipment | 5 968 € | 7 958 € | 11 t€ | 14 t€ |
| Retained earnings | -1 765 € | 8 523 € | 11 t€ | 17 t€ |
| Short-term accounts payable | 3 242 € | 9 426 € | 14 t€ | 7 234 € |
| Wages and salaries | 2 000 € | 0 € | 0 € | -25 t€ |
| Short-term sales receivables | – | 0 € | 3 509 € | 5 682 € |
| Profit (loss) for the period, equity | 5 364 € | -10 t€ | -2 705 € | -5 885 € |
| Interest expenses and other financial expenses for non-Group companies | 17 € | -119 € | -20 € | 10 € |
| Pension expenses | 6 368 € | -5 932 € | -5 707 € | -5 900 € |
| Short-term prepayments and accrued income | 1 265 € | 2 856 € | 4 341 € | 4 496 € |
| Other social security expenses | 1 955 € | -833 € | -571 € | -611 € |
| Services purchased | 5 476 € | -250 € | -2 981 € | -446 € |
| Tangible assets | 5 968 € | 7 958 € | 11 t€ | 14 t€ |
| Purchases during the financial year | 31 t€ | -11 t€ | -28 t€ | -26 t€ |
| Depreciations according to plan | 1 989 € | -2 653 € | -3 537 € | -3 316 € |
| Short-term accrued expenses and deferred income | 113 € | 0 € | 0 € | 6 € |
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.
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