Oy Vintertec Offshore Ltd is a limited company based in Porvoo, registered in 1989. In the financial year ending 31.5.2026, revenue was 849 t€ and operating profit 112 t€; equity ratio 30.6 %. Its taxable income in 2024 was 55 t€ and its income taxes 11 t€. Latest Trade Register entry: change of ceo, 24.2.2026.
Revenue 2026849 t€-14 % on the previous year
Operating profit112 t€13,2 % of revenue
Net profit86 t€EBITDA 98 t€
Equity ratio30,6 %quick ratio 1,03
Taxable income 202455 t€
upper half of its industry
Income taxes 202411 t€80 t€ in 2020–2024
In business37 yrsregistered 27.9.1989
Trade Register1entries, latest: change of ceo
Financials
RevenueOperating profitNet profit
| Key figures | 31.5.2026 | 31.5.2025 | 31.5.2024 | 31.5.2023 | 31.5.2022 | 31.5.2021 |
|---|---|---|---|---|---|---|
| Revenue | 849 t€ | 983 t€ | 961 t€ | 1,9 M€ | 1,9 M€ | 706 t€ |
| Revenue change | -13,6 % | 2,3 % | -49,4 % | -0,3 % | 169,9 % | – |
| EBITDA | 98 t€ | 112 t€ | 57 t€ | 180 t€ | 116 t€ | 42 t€ |
| EBITDA % | 11,5 % | 11,4 % | 5,9 % | 9,5 % | 6,1 % | 6,0 % |
| Operating profit | 112 t€ | 106 t€ | 49 t€ | 164 t€ | 99 t€ | 28 t€ |
| Operating margin | 13,2 % | 10,7 % | 5,1 % | 8,6 % | 5,2 % | 4,0 % |
| Net profit | 86 t€ | 86 t€ | 34 t€ | 120 t€ | 75 t€ | 24 t€ |
| Personnel costs | -47 t€ | 44 t€ | 23 t€ | 16 t€ | 36 t€ | 19 t€ |
| Equity ratio | 30,6 % | 78,5 % | 73,0 % | 66,9 % | 74,7 % | 59,6 % |
| Quick ratio | 1,03 | 2,50 | 2,66 | 2,53 | 2,26 | 1,27 |
| Current ratio | 2,32 | 4,49 | 3,53 | 2,86 | 3,59 | 2,28 |
| Debt to revenue | 32,1 % | 14,0 % | 16,7 % | 11,8 % | 7,7 % | 34,2 % |
| Return on equity | 71,7 % | 17,0 % | 7,8 % | 26,3 % | 17,3 % | 6,7 % |
| Balance sheet total | 395 t€ | 641 t€ | 594 t€ | 679 t€ | 578 t€ | 598 t€ |
| Equity | 120 t€ | 504 t€ | 434 t€ | 455 t€ | 435 t€ | 360 t€ |
| Cash and bank | 88 t€ | 297 t€ | 400 t€ | 502 t€ | 273 t€ | 188 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.5.2026 | 31.5.2025 | 31.5.2024 | 31.5.2023 | 31.5.2022 | 31.5.2021 | |
|---|---|---|---|---|---|---|
| Turnover | 849 t€ | 983 t€ | 961 t€ | 1,9 M€ | 1,9 M€ | 706 t€ |
| Other operating income | 33 t€ | 0 € | 0 € | 6 520 € | 600 € | 3 487 € |
| Raw materials and services | 499 t€ | -794 t€ | -756 t€ | -1,6 M€ | -1,5 M€ | -520 t€ |
| Personnel expenses | 47 t€ | -44 t€ | -23 t€ | -16 t€ | -36 t€ | -19 t€ |
| Depreciations and reductions in value | 14 t€ | -6 078 € | -8 103 € | -16 t€ | -17 t€ | -14 t€ |
| Other operating expenses | 110 t€ | -117 t€ | -126 t€ | -150 t€ | -216 t€ | -128 t€ |
| Operating profit (loss) | 112 t€ | 106 t€ | 49 t€ | 164 t€ | 99 t€ | 28 t€ |
| Financial income and expenses + (-) | 3 108 € | 5 917 € | 5 689 € | 258 € | -1 256 € | 59 € |
| Profit (loss) before appropriations and taxes | 109 t€ | 111 t€ | 54 t€ | 164 t€ | 97 t€ | 28 t€ |
| Income taxes | 23 t€ | -26 t€ | -20 t€ | -45 t€ | -22 t€ | -4 247 € |
| Profit (loss) for the financial year | 86 t€ | 86 t€ | 34 t€ | 120 t€ | 75 t€ | 24 t€ |
Balance sheet
| 31.5.2026 | 31.5.2025 | 31.5.2024 | 31.5.2023 | 31.5.2022 | 31.5.2021 | |
|---|---|---|---|---|---|---|
| Non-current assets | 43 t€ | 22 t€ | 29 t€ | 37 t€ | 53 t€ | 47 t€ |
| Stocks | 197 t€ | 274 t€ | 140 t€ | 74 t€ | 194 t€ | 244 t€ |
| Receivables | 67 t€ | 48 t€ | 26 t€ | 67 t€ | 58 t€ | 120 t€ |
| Cash in hand and at banks | 88 t€ | 297 t€ | 400 t€ | 502 t€ | 273 t€ | 188 t€ |
| Current assets | 352 t€ | 619 t€ | 566 t€ | 643 t€ | 525 t€ | 552 t€ |
| Assets | 395 t€ | 641 t€ | 594 t€ | 679 t€ | 578 t€ | 598 t€ |
| Share capital or other similar capital | 2 523 € | 2 523 € | 2 523 € | 2 523 € | 2 523 € | 2 523 € |
| Capital and reserves | 120 t€ | 504 t€ | 434 t€ | 455 t€ | 435 t€ | 360 t€ |
| Appropriations | – | – | – | 0 € | -3 487 € | -3 487 € |
| Long-term liabilities | 123 t€ | 0 € | – | – | – | – |
| Short-term liabilities | 152 t€ | 138 t€ | 160 t€ | 225 t€ | 146 t€ | 242 t€ |
| Liabilities | 274 t€ | 138 t€ | 160 t€ | 225 t€ | 146 t€ | 242 t€ |
All financial statement items (56)
| 31.5.2026 | 31.5.2025 | 31.5.2024 | 31.5.2023 | 31.5.2022 | 31.5.2021 | |
|---|---|---|---|---|---|---|
| Turnover | 849 t€ | 983 t€ | 961 t€ | 1,9 M€ | 1,9 M€ | 706 t€ |
| Other operating income | 33 t€ | 0 € | 0 € | 6 520 € | 600 € | 3 487 € |
| Raw materials and services | 499 t€ | -794 t€ | -756 t€ | -1,6 M€ | -1,5 M€ | -520 t€ |
| Personnel expenses | 47 t€ | -44 t€ | -23 t€ | -16 t€ | -36 t€ | -19 t€ |
| Depreciations and reductions in value | 14 t€ | -6 078 € | -8 103 € | -16 t€ | -17 t€ | -14 t€ |
| Other operating expenses | 110 t€ | -117 t€ | -126 t€ | -150 t€ | -216 t€ | -128 t€ |
| Operating profit (loss) | 112 t€ | 106 t€ | 49 t€ | 164 t€ | 99 t€ | 28 t€ |
| Financial income and expenses + (-) | 3 108 € | 5 917 € | 5 689 € | 258 € | -1 256 € | 59 € |
| Profit (loss) before appropriations and taxes | 109 t€ | 111 t€ | 54 t€ | 164 t€ | 97 t€ | 28 t€ |
| Income taxes | 23 t€ | -26 t€ | -20 t€ | -45 t€ | -22 t€ | -4 247 € |
| Profit (loss) for the financial year | 86 t€ | 86 t€ | 34 t€ | 120 t€ | 75 t€ | 24 t€ |
| Non-current assets | 43 t€ | 22 t€ | 29 t€ | 37 t€ | 53 t€ | 47 t€ |
| Stocks | 197 t€ | 274 t€ | 140 t€ | 74 t€ | 194 t€ | 244 t€ |
| Receivables | 67 t€ | 48 t€ | 26 t€ | 67 t€ | 58 t€ | 120 t€ |
| Cash in hand and at banks | 88 t€ | 297 t€ | 400 t€ | 502 t€ | 273 t€ | 188 t€ |
| Current assets | 352 t€ | 619 t€ | 566 t€ | 643 t€ | 525 t€ | 552 t€ |
| Assets | 395 t€ | 641 t€ | 594 t€ | 679 t€ | 578 t€ | 598 t€ |
| Share capital or other similar capital | 2 523 € | 2 523 € | 2 523 € | 2 523 € | 2 523 € | 2 523 € |
| Capital and reserves | 120 t€ | 504 t€ | 434 t€ | 455 t€ | 435 t€ | 360 t€ |
| Appropriations | – | – | – | 0 € | -3 487 € | -3 487 € |
| Long-term liabilities | 123 t€ | 0 € | – | – | – | – |
| Short-term liabilities | 152 t€ | 138 t€ | 160 t€ | 225 t€ | 146 t€ | 242 t€ |
| Liabilities | 274 t€ | 138 t€ | 160 t€ | 225 t€ | 146 t€ | 242 t€ |
| Purchases during the financial year | 487 t€ | -730 t€ | -734 t€ | -1,4 M€ | -1,4 M€ | -470 t€ |
| Short-term sales receivables | 36 t€ | 46 t€ | 13 t€ | 35 t€ | 56 t€ | 120 t€ |
| Finished products | 13 t€ | 113 t€ | 0 € | – | – | – |
| Other interest and financial income from non-group companies | 1 622 € | 5 932 € | 6 702 € | 420 € | 2 € | 99 € |
| Retained earnings | 32 t€ | 415 t€ | 397 t€ | 332 t€ | 357 t€ | 333 t€ |
| Interest expenses and other financial expenses for non-Group companies | 4 730 € | -15 € | -1 013 € | -162 € | -1 258 € | -40 € |
| Other short-term receivables | 25 t€ | 0 € | 5 730 € | 626 € | 286 € | 754 € |
| Inventory increase (+) or decrease (-) | -28 t€ | 42 t€ | 65 t€ | -120 t€ | -49 t€ | -24 t€ |
| Short-term liabilities to credit institutions | 27 t€ | 0 € | – | – | – | – |
| Liabilities | 395 t€ | 641 t€ | 594 t€ | 679 t€ | 578 t€ | 598 t€ |
| Shares and similar rights of ownership in subsidiaries | 0 € | 4 241 € | 4 241 € | 4 241 € | 4 241 € | 4 241 € |
| Other current liabilities | 66 t€ | 76 t€ | 94 t€ | 146 t€ | 67 t€ | 119 t€ |
| Other stocks | 5 000 € | 15 t€ | 15 t€ | 15 t€ | 15 t€ | 67 t€ |
| Short-term loan receivables | 1 600 € | 0 € | 0 € | 28 t€ | 0 € | – |
| Short-term accounts payable | 43 t€ | 27 t€ | 50 t€ | 33 t€ | 39 t€ | 102 t€ |
| Long-term liabilities to credit institutions | 123 t€ | 0 € | – | – | – | – |
| Pension expenses | 583 € | -9 € | 0 € | 0 € | 27 € | -654 € |
| Tangible assets | 43 t€ | 18 t€ | 24 t€ | 32 t€ | 49 t€ | 42 t€ |
| Other social security expenses | 3 380 € | -2 839 € | -182 € | -632 € | -2 714 € | -85 € |
| Services purchased | 40 t€ | -105 t€ | -87 t€ | -54 t€ | -124 t€ | -27 t€ |
| Depreciation difference | – | – | – | 0 € | -3 487 € | -3 487 € |
| Short-term liabilities to Group companies | 0 € | 15 t€ | 16 t€ | 16 t€ | 16 t€ | 16 t€ |
| Materials and supplies | 179 t€ | 146 t€ | 125 t€ | 59 t€ | 179 t€ | 177 t€ |
| Depreciations according to plan | 14 t€ | -6 078 € | -8 103 € | -16 t€ | -17 t€ | -14 t€ |
| Investments | 0 € | 4 241 € | 4 241 € | 4 241 € | 4 241 € | 4 241 € |
| Machinery and equipment | 43 t€ | 18 t€ | 24 t€ | 32 t€ | 49 t€ | 42 t€ |
| Short-term accrued expenses and deferred income | 14 t€ | 19 t€ | 211 € | 31 t€ | 24 t€ | 4 689 € |
| Short-term advances received | 1 882 € | 0 € | – | – | – | – |
| Wages and salaries | 43 t€ | -41 t€ | -22 t€ | -16 t€ | -34 t€ | -18 t€ |
| Short-term prepayments and accrued income | 4 456 € | 1 759 € | 7 382 € | 3 714 € | 1 248 € | 0 € |
| Short-term receivables | 67 t€ | 48 t€ | 26 t€ | 67 t€ | 58 t€ | 120 t€ |
| Change in stocks of products + (-) | -101 t€ | 83 t€ | 0 € | – | – | – |
| Profit (loss) for the period, equity | 86 t€ | 86 t€ | 34 t€ | 120 t€ | 75 t€ | 24 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, Oy Vintertec Offshore Ltd is in the upper half of the industry class other miscellaneous specialised construction activities n.e.c. (1422 companies with taxable income; median 19 t€, 2,9 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.
Trade Register events
- Change of CEO
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