K. Leivon Leipomo Oy is a limited company based in Veteli, registered in 1984. In the financial year ending 31.12.2025, operating profit 791 t€; equity ratio 81.7 %. Its taxable income in 2024 was 361 t€ and its income taxes 73 t€. Latest Trade Register entry: line of business changed, 29.12.2025.
Gross profit 20254,3 M€+10 % on the previous year
Operating profit791 t€
Net profit632 t€EBITDA 341 t€
Equity ratio81,7 %quick ratio 1,81
Taxable income 2024361 t€
top quarter of its industry
Income taxes 202473 t€576 t€ in 2020–2024
In business41 yrsregistered 8.11.1984
Trade Register1entries, latest: line of business changed
Financials
Gross profitOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 |
|---|---|---|---|---|---|---|
| Revenue change | 10,5 % | 25,7 % | 9,6 % | -4,5 % | -0,3 % | – |
| Gross profit | 4,3 M€ | 3,9 M€ | 3,1 M€ | 2,8 M€ | 3,0 M€ | 3,0 M€ |
| EBITDA | 341 t€ | 1,0 M€ | 875 t€ | 845 t€ | 1,1 M€ | 1,1 M€ |
| Operating profit | 791 t€ | 351 t€ | 557 t€ | 498 t€ | 716 t€ | 696 t€ |
| Net profit | 632 t€ | 289 t€ | 445 t€ | 399 t€ | 573 t€ | 557 t€ |
| Personnel costs | -2,3 M€ | 2,2 M€ | 1,7 M€ | 1,5 M€ | 1,3 M€ | 1,3 M€ |
| Equity ratio | 81,7 % | 88,7 % | 90,6 % | 91,4 % | 92,6 % | 92,4 % |
| Quick ratio | 1,81 | 2,55 | 4,52 | 4,63 | 6,03 | 5,35 |
| Current ratio | 2,16 | 3,21 | 5,65 | 5,46 | 7,02 | 6,11 |
| Return on equity | 12,5 % | 6,0 % | 9,0 % | 8,1 % | 11,7 % | 11,9 % |
| Balance sheet total | 6,2 M€ | 5,5 M€ | 5,5 M€ | 5,5 M€ | 5,3 M€ | 5,1 M€ |
| Equity | 5,0 M€ | 4,8 M€ | 4,9 M€ | 4,9 M€ | 4,9 M€ | 4,7 M€ |
| Cash and bank | 1,4 M€ | 854 t€ | 1,6 M€ | 2,3 M€ | 2,0 M€ | 1,3 M€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Gross profit or loss | 4,3 M€ | 3,9 M€ | 3,1 M€ | 2,8 M€ | 3,0 M€ | 3,0 M€ |
| Personnel expenses | 2,3 M€ | -2,2 M€ | -1,7 M€ | -1,5 M€ | -1,3 M€ | -1,3 M€ |
| Depreciations and reductions in value | 450 t€ | -684 t€ | -318 t€ | -347 t€ | -401 t€ | -431 t€ |
| Other operating expenses | 774 t€ | -670 t€ | -560 t€ | -529 t€ | -529 t€ | -531 t€ |
| Operating profit (loss) | 791 t€ | 351 t€ | 557 t€ | 498 t€ | 716 t€ | 696 t€ |
| Financial income and expenses + (-) | -567 € | 9 549 € | 584 € | 281 € | 10 € | 45 € |
| Profit (loss) before appropriations and taxes | 792 t€ | 360 t€ | 557 t€ | 498 t€ | 716 t€ | 696 t€ |
| Income taxes | 160 t€ | -71 t€ | -112 t€ | -99 t€ | -143 t€ | -139 t€ |
| Profit (loss) for the financial year | 632 t€ | 289 t€ | 445 t€ | 399 t€ | 573 t€ | 557 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Non-current assets | 3,7 M€ | 3,3 M€ | 2,6 M€ | 2,3 M€ | 2,5 M€ | 2,7 M€ |
| Stocks | 389 t€ | 461 t€ | 582 t€ | 484 t€ | 386 t€ | 296 t€ |
| Receivables | 693 t€ | 946 t€ | 716 t€ | 453 t€ | 401 t€ | 745 t€ |
| Cash in hand and at banks | 1,4 M€ | 854 t€ | 1,6 M€ | 2,3 M€ | 2,0 M€ | 1,3 M€ |
| Current assets | 2,4 M€ | 2,3 M€ | 2,9 M€ | 3,2 M€ | 2,7 M€ | 2,4 M€ |
| Assets | 6,2 M€ | 5,5 M€ | 5,5 M€ | 5,5 M€ | 5,3 M€ | 5,1 M€ |
| Share capital or other similar capital | 72 t€ | 72 t€ | 72 t€ | 72 t€ | 72 t€ | 72 t€ |
| Capital and reserves | 5,0 M€ | 4,8 M€ | 4,9 M€ | 4,9 M€ | 4,9 M€ | 4,7 M€ |
| Short-term liabilities | 1,1 M€ | 705 t€ | 514 t€ | 586 t€ | 391 t€ | 389 t€ |
| Liabilities | 1,1 M€ | 705 t€ | 514 t€ | 586 t€ | 391 t€ | 389 t€ |
All financial statement items (48)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Gross profit or loss | 4,3 M€ | 3,9 M€ | 3,1 M€ | 2,8 M€ | 3,0 M€ | 3,0 M€ |
| Personnel expenses | 2,3 M€ | -2,2 M€ | -1,7 M€ | -1,5 M€ | -1,3 M€ | -1,3 M€ |
| Depreciations and reductions in value | 450 t€ | -684 t€ | -318 t€ | -347 t€ | -401 t€ | -431 t€ |
| Other operating expenses | 774 t€ | -670 t€ | -560 t€ | -529 t€ | -529 t€ | -531 t€ |
| Operating profit (loss) | 791 t€ | 351 t€ | 557 t€ | 498 t€ | 716 t€ | 696 t€ |
| Financial income and expenses + (-) | -567 € | 9 549 € | 584 € | 281 € | 10 € | 45 € |
| Profit (loss) before appropriations and taxes | 792 t€ | 360 t€ | 557 t€ | 498 t€ | 716 t€ | 696 t€ |
| Income taxes | 160 t€ | -71 t€ | -112 t€ | -99 t€ | -143 t€ | -139 t€ |
| Profit (loss) for the financial year | 632 t€ | 289 t€ | 445 t€ | 399 t€ | 573 t€ | 557 t€ |
| Non-current assets | 3,7 M€ | 3,3 M€ | 2,6 M€ | 2,3 M€ | 2,5 M€ | 2,7 M€ |
| Stocks | 389 t€ | 461 t€ | 582 t€ | 484 t€ | 386 t€ | 296 t€ |
| Receivables | 693 t€ | 946 t€ | 716 t€ | 453 t€ | 401 t€ | 745 t€ |
| Cash in hand and at banks | 1,4 M€ | 854 t€ | 1,6 M€ | 2,3 M€ | 2,0 M€ | 1,3 M€ |
| Current assets | 2,4 M€ | 2,3 M€ | 2,9 M€ | 3,2 M€ | 2,7 M€ | 2,4 M€ |
| Assets | 6,2 M€ | 5,5 M€ | 5,5 M€ | 5,5 M€ | 5,3 M€ | 5,1 M€ |
| Share capital or other similar capital | 72 t€ | 72 t€ | 72 t€ | 72 t€ | 72 t€ | 72 t€ |
| Capital and reserves | 5,0 M€ | 4,8 M€ | 4,9 M€ | 4,9 M€ | 4,9 M€ | 4,7 M€ |
| Short-term liabilities | 1,1 M€ | 705 t€ | 514 t€ | 586 t€ | 391 t€ | 389 t€ |
| Liabilities | 1,1 M€ | 705 t€ | 514 t€ | 586 t€ | 391 t€ | 389 t€ |
| Other current liabilities | 393 t€ | 43 t€ | 26 t€ | 49 t€ | 66 t€ | 54 t€ |
| Short-term advances received | 0 € | 90 t€ | 0 € | 125 t€ | 0 € | – |
| Other tangible assets | 104 t€ | 85 t€ | 64 t€ | 39 t€ | 45 t€ | 52 t€ |
| Other intangible assets | 7 258 € | 0 € | – | – | – | – |
| Liabilities | 6,2 M€ | 5,5 M€ | 5,5 M€ | 5,5 M€ | 5,3 M€ | 5,1 M€ |
| Short-term receivables | 693 t€ | 946 t€ | 716 t€ | 453 t€ | 401 t€ | 745 t€ |
| Other short-term receivables | 202 t€ | 145 t€ | 203 t€ | 7 160 € | 76 € | 176 t€ |
| Land and water areas, Owned | 98 t€ | 69 t€ | 69 t€ | 69 t€ | 69 t€ | 69 t€ |
| Other interest and financial income from non-group companies | 709 € | 9 559 € | 584 € | 322 € | 10 € | 88 € |
| Finished products | 292 t€ | 334 t€ | 339 t€ | 305 t€ | 278 t€ | 257 t€ |
| Machinery and equipment | 614 t€ | 900 t€ | 600 t€ | 671 t€ | 800 t€ | 855 t€ |
| Retained earnings | 4,3 M€ | 4,5 M€ | 4,4 M€ | 4,4 M€ | 4,2 M€ | 4,1 M€ |
| Short-term accounts payable | 333 t€ | 240 t€ | 236 t€ | 208 t€ | 134 t€ | 141 t€ |
| Wages and salaries | 1,9 M€ | -1,8 M€ | -1,3 M€ | -1,2 M€ | -1,0 M€ | -1,1 M€ |
| Advance payments and construction in progress | 1,5 M€ | 740 t€ | 418 t€ | 0 € | – | – |
| Intangible assets | 7 258 € | 0 € | – | – | – | – |
| Short-term sales receivables | 488 t€ | 770 t€ | 480 t€ | 405 t€ | 349 t€ | 477 t€ |
| Profit (loss) for the period, equity | 632 t€ | 289 t€ | 445 t€ | 399 t€ | 573 t€ | 557 t€ |
| Interest expenses and other financial expenses for non-Group companies | 142 € | -9 € | -1 € | -41 € | 0 € | -43 € |
| Other shares and similar rights of ownership | 230 t€ | 158 t€ | 0 € | – | – | – |
| Pension expenses | 365 t€ | -381 t€ | -285 t€ | -266 t€ | -241 t€ | -221 t€ |
| Other social security expenses | 65 t€ | -46 t€ | -45 t€ | -34 t€ | -46 t€ | -33 t€ |
| Short-term prepayments and accrued income | 2 733 € | 31 t€ | 33 t€ | 41 t€ | 52 t€ | 92 t€ |
| Buildings and structures, Owned | 1,2 M€ | 1,3 M€ | 1,4 M€ | 1,5 M€ | 1,6 M€ | 1,7 M€ |
| Tangible assets | 3,5 M€ | 3,1 M€ | 2,6 M€ | 2,3 M€ | 2,5 M€ | 2,7 M€ |
| Materials and supplies | 97 t€ | 127 t€ | 243 t€ | 179 t€ | 108 t€ | 39 t€ |
| Depreciations according to plan | 450 t€ | -684 t€ | -318 t€ | -347 t€ | -401 t€ | -431 t€ |
| Short-term accrued expenses and deferred income | 404 t€ | 332 t€ | 252 t€ | 204 t€ | 192 t€ | 193 t€ |
| Investments | 230 t€ | 158 t€ | 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
Measured by taxable income, K. Leivon Leipomo Oy is in the top quarter of the industry manufacture of rusks, biscuits, preserved pastries and cakes (567 companies with taxable income; median 35 t€, 10 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
- Line of business changed
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