Twoy Engineering Oy is a limited company based in Kouvola, registered in 1989. In the financial year ending 31.8.2025, revenue was 191 t€ and operating profit 1 965 €; equity ratio 65.6 %. Public buyers bought 22 t€ from it in 2025–2026; the largest buyer is Säteilyturvakeskus (Sosiaali- ja terveysministeriön hallinnonala).
Revenue 2025191 t€-46 % on the previous year
Operating profit1 965 €1,0 % of revenue
Net profit1 556 €EBITDA 3 740 €
Equity ratio65,6 %quick ratio 1,86
Taxable income 20240 €
profit as taxed
Income taxes 20240 €100 € in 2020–2024
In business37 yrsregistered 19.4.1989
Sales to public buyers22 t€2025–2026
Financials
RevenueOperating profitNet profit
| Key figures | 31.8.2025 | 31.8.2024 | 31.8.2023 | 31.8.2022 |
|---|---|---|---|---|
| Revenue | 191 t€ | 356 t€ | 700 t€ | 327 t€ |
| Revenue change | -46,3 % | -49,2 % | 114,3 % | – |
| EBITDA | 3 740 € | -78 t€ | 14 t€ | 37 t€ |
| EBITDA % | 2,0 % | -21,9 % | 2,0 % | 11,2 % |
| Operating profit | 1 965 € | -83 t€ | 7 025 € | 28 t€ |
| Operating margin | 1,0 % | -23,3 % | 1,0 % | 8,4 % |
| Net profit | 1 556 € | -83 t€ | 6 227 € | 26 t€ |
| Personnel costs | 40 t€ | 64 t€ | 75 t€ | 92 t€ |
| Equity ratio | 65,6 % | 60,5 % | 45,1 % | 69,2 % |
| Quick ratio | 1,86 | -0,13 | 1,22 | 1,06 |
| Current ratio | 2,40 | 0,96 | 1,66 | 3,12 |
| Debt to revenue | 4,9 % | 3,0 % | 18,3 % | 13,5 % |
| Return on equity | 8,8 % | -517,7 % | 5,9 % | 26,5 % |
| Balance sheet total | 27 t€ | 27 t€ | 234 t€ | 144 t€ |
| Equity | 18 t€ | 16 t€ | 106 t€ | 99 t€ |
| Cash and bank | 5 539 € | -4 168 € | 18 t€ | 5 549 € |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.8.2025 | 31.8.2024 | 31.8.2023 | 31.8.2022 | |
|---|---|---|---|---|
| Turnover | 191 t€ | 356 t€ | 700 t€ | 327 t€ |
| Other operating income | 1 358 € | 0 € | 0 € | 8 671 € |
| Raw materials and services | -105 t€ | -324 t€ | -552 t€ | -136 t€ |
| Personnel expenses | -40 t€ | -64 t€ | -75 t€ | -92 t€ |
| Depreciations and reductions in value | -1 775 € | -5 211 € | -7 245 € | -9 035 € |
| Other operating expenses | -43 t€ | -46 t€ | -59 t€ | -71 t€ |
| Operating profit (loss) | 1 965 € | -83 t€ | 7 025 € | 28 t€ |
| Financial income and expenses + (-) | -409 € | -522 € | -795 € | -537 € |
| Profit (loss) before appropriations and taxes | 1 556 € | -83 t€ | 6 230 € | 27 t€ |
| Income taxes | 0 € | 2 € | -3 € | -674 € |
| Profit (loss) for the financial year | 1 556 € | -83 t€ | 6 227 € | 26 t€ |
Balance sheet
| 31.8.2025 | 31.8.2024 | 31.8.2023 | 31.8.2022 | |
|---|---|---|---|---|
| Non-current assets | 4 706 € | 17 t€ | 22 t€ | 27 t€ |
| Stocks | 5 000 € | 11 t€ | 56 t€ | 77 t€ |
| Receivables | 12 t€ | 2 836 € | 138 t€ | 34 t€ |
| Cash in hand and at banks | 5 539 € | -4 168 € | 18 t€ | 5 549 € |
| Current assets | 22 t€ | 10 t€ | 212 t€ | 117 t€ |
| Assets | 27 t€ | 27 t€ | 234 t€ | 144 t€ |
| Share capital or other similar capital | 8 098 € | 8 098 € | 8 098 € | 8 098 € |
| Capital and reserves | 18 t€ | 16 t€ | 106 t€ | 99 t€ |
| Long-term liabilities | – | 0 € | 206 € | 6 699 € |
| Short-term liabilities | 9 275 € | 11 t€ | 128 t€ | 38 t€ |
| Liabilities | 9 275 € | 11 t€ | 128 t€ | 44 t€ |
All financial statement items (47)
| 31.8.2025 | 31.8.2024 | 31.8.2023 | 31.8.2022 | |
|---|---|---|---|---|
| Turnover | 191 t€ | 356 t€ | 700 t€ | 327 t€ |
| Other operating income | 1 358 € | 0 € | 0 € | 8 671 € |
| Raw materials and services | -105 t€ | -324 t€ | -552 t€ | -136 t€ |
| Personnel expenses | -40 t€ | -64 t€ | -75 t€ | -92 t€ |
| Depreciations and reductions in value | -1 775 € | -5 211 € | -7 245 € | -9 035 € |
| Other operating expenses | -43 t€ | -46 t€ | -59 t€ | -71 t€ |
| Operating profit (loss) | 1 965 € | -83 t€ | 7 025 € | 28 t€ |
| Financial income and expenses + (-) | -409 € | -522 € | -795 € | -537 € |
| Profit (loss) before appropriations and taxes | 1 556 € | -83 t€ | 6 230 € | 27 t€ |
| Income taxes | 0 € | 2 € | -3 € | -674 € |
| Profit (loss) for the financial year | 1 556 € | -83 t€ | 6 227 € | 26 t€ |
| Non-current assets | 4 706 € | 17 t€ | 22 t€ | 27 t€ |
| Stocks | 5 000 € | 11 t€ | 56 t€ | 77 t€ |
| Receivables | 12 t€ | 2 836 € | 138 t€ | 34 t€ |
| Cash in hand and at banks | 5 539 € | -4 168 € | 18 t€ | 5 549 € |
| Current assets | 22 t€ | 10 t€ | 212 t€ | 117 t€ |
| Assets | 27 t€ | 27 t€ | 234 t€ | 144 t€ |
| Share capital or other similar capital | 8 098 € | 8 098 € | 8 098 € | 8 098 € |
| Capital and reserves | 18 t€ | 16 t€ | 106 t€ | 99 t€ |
| Long-term liabilities | – | 0 € | 206 € | 6 699 € |
| Short-term liabilities | 9 275 € | 11 t€ | 128 t€ | 38 t€ |
| Liabilities | 9 275 € | 11 t€ | 128 t€ | 44 t€ |
| Purchases during the financial year | -94 t€ | -273 t€ | -499 t€ | -206 t€ |
| Short-term receivables | 12 t€ | 2 836 € | 138 t€ | 34 t€ |
| Other short-term receivables | 5 494 € | 0 € | – | – |
| Profit (loss) for the period, equity | 1 556 € | -83 t€ | 6 227 € | 26 t€ |
| Current receivables from participating interests | 2 836 € | 2 836 € | 2 836 € | 806 € |
| Tangible assets | 4 397 € | 16 t€ | 21 t€ | 25 t€ |
| Short-term accrued expenses and deferred income | 765 € | 6 844 € | 70 t€ | 3 195 € |
| Interest expenses and other financial expenses for non-Group companies | -409 € | -522 € | -795 € | -537 € |
| Other social security expenses | -2 701 € | 698 € | -6 301 € | -4 248 € |
| Short-term sales receivables | – | 0 € | 123 t€ | 33 t€ |
| Depreciations according to plan | -1 775 € | -5 211 € | -7 245 € | -9 035 € |
| Other current liabilities | 1 848 € | 584 € | 20 t€ | 9 217 € |
| Inventory increase (+) or decrease (-) | -6 449 € | -45 t€ | -21 t€ | 77 t€ |
| Short-term accounts payable | 6 662 € | 3 093 € | 37 t€ | 25 t€ |
| Retained earnings | 8 022 € | 91 t€ | 91 t€ | 65 t€ |
| Machinery and equipment | 4 397 € | 16 t€ | 21 t€ | 25 t€ |
| Wages and salaries | -32 t€ | -46 t€ | -48 t€ | -63 t€ |
| Other intangible assets | 310 € | 620 € | 929 € | 1 239 € |
| Intangible assets | 310 € | 620 € | 929 € | 1 239 € |
| Pension expenses | -5 382 € | -18 t€ | -21 t€ | -25 t€ |
| Services purchased | -4 290 € | -5 296 € | -32 t€ | -6 732 € |
| Liabilities | 27 t€ | 27 t€ | 234 t€ | 144 t€ |
| Short-term prepayments and accrued income | 3 375 € | 0 € | 12 t€ | 851 € |
| Long-term accounts payable | – | 0 € | 206 € | 6 699 € |
| Finished products | 5 000 € | 11 t€ | 56 t€ | 77 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
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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