Toijalan Elemec Oy is a limited company based in Akaa, registered in 1990. In the financial year ending 31.3.2026, revenue was 1,4 M€ and operating profit 17 t€; equity ratio 64.1 %. Its taxable income in 2024 was 64 t€ and its income taxes 13 t€.
Revenue 20261,4 M€-1 % on the previous year
Operating profit17 t€1,2 % of revenue
Net profit1 673 €EBITDA -84 t€
Equity ratio64,1 %quick ratio 0,73
Taxable income 202464 t€
upper half of its industry
Income taxes 202413 t€119 t€ in 2020–2024
In business36 yrsregistered 4.4.1990
Financials
RevenueOperating profitNet profit
| Key figures | 31.3.2026 | 31.3.2025 | 31.3.2024 | 31.3.2023 | 31.3.2022 |
|---|---|---|---|---|---|
| Revenue | 1,4 M€ | 1,4 M€ | 1,5 M€ | 1,4 M€ | 1,6 M€ |
| Revenue change | -1,0 % | -4,8 % | 1,8 % | -8,7 % | – |
| EBITDA | -84 t€ | 184 t€ | 157 t€ | 167 t€ | 213 t€ |
| EBITDA % | -6,0 % | 13,1 % | 10,7 % | 11,5 % | 13,4 % |
| Operating profit | 17 t€ | 79 t€ | 51 t€ | 66 t€ | 114 t€ |
| Operating margin | 1,2 % | 5,6 % | 3,4 % | 4,6 % | 7,2 % |
| Net profit | 1 673 € | 50 t€ | 27 t€ | 43 t€ | 82 t€ |
| Personnel costs | -791 t€ | 793 t€ | 814 t€ | 814 t€ | 853 t€ |
| Equity ratio | 64,1 % | 59,9 % | 63,1 % | 60,5 % | 56,8 % |
| Quick ratio | 0,73 | 0,95 | 0,65 | 0,64 | 0,77 |
| Current ratio | 1,55 | 1,53 | 1,16 | 1,12 | 1,09 |
| Debt to revenue | 27,3 % | 34,5 % | 28,5 % | 33,1 % | 35,2 % |
| Return on equity | 0,2 % | 6,9 % | 3,8 % | 5,8 % | 11,2 % |
| Balance sheet total | 1,1 M€ | 1,2 M€ | 1,1 M€ | 1,2 M€ | 1,3 M€ |
| Equity | 677 t€ | 722 t€ | 716 t€ | 733 t€ | 734 t€ |
| Cash and bank | 75 t€ | 110 t€ | 9 808 € | 19 t€ | 114 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.3.2026 | 31.3.2025 | 31.3.2024 | 31.3.2023 | 31.3.2022 | |
|---|---|---|---|---|---|
| Turnover | 1,4 M€ | 1,4 M€ | 1,5 M€ | 1,4 M€ | 1,6 M€ |
| Other operating income | 11 t€ | 12 t€ | 12 t€ | 26 t€ | 10 t€ |
| Raw materials and services | 271 t€ | -244 t€ | -299 t€ | -286 t€ | -304 t€ |
| Personnel expenses | 791 t€ | -793 t€ | -814 t€ | -814 t€ | -853 t€ |
| Depreciations and reductions in value | 101 t€ | -105 t€ | -106 t€ | -100 t€ | -99 t€ |
| Other operating expenses | 217 t€ | -219 t€ | -214 t€ | -215 t€ | -199 t€ |
| Operating profit (loss) | 17 t€ | 79 t€ | 51 t€ | 66 t€ | 114 t€ |
| Financial income and expenses + (-) | 8 896 € | -11 t€ | -11 t€ | -6 711 € | -5 553 € |
| Profit (loss) before appropriations and taxes | 8 229 € | 68 t€ | 40 t€ | 59 t€ | 109 t€ |
| Income taxes | 6 556 € | -18 t€ | -13 t€ | -17 t€ | -26 t€ |
| Profit (loss) for the financial year | 1 673 € | 50 t€ | 27 t€ | 43 t€ | 82 t€ |
Balance sheet
| 31.3.2026 | 31.3.2025 | 31.3.2024 | 31.3.2023 | 31.3.2022 | |
|---|---|---|---|---|---|
| Non-current assets | 661 t€ | 715 t€ | 765 t€ | 850 t€ | 860 t€ |
| Stocks | 209 t€ | 187 t€ | 165 t€ | 154 t€ | 127 t€ |
| Receivables | 111 t€ | 193 t€ | 196 t€ | 188 t€ | 190 t€ |
| Cash in hand and at banks | 75 t€ | 110 t€ | 9 808 € | 19 t€ | 114 t€ |
| Current assets | 394 t€ | 491 t€ | 370 t€ | 361 t€ | 432 t€ |
| Assets | 1,1 M€ | 1,2 M€ | 1,1 M€ | 1,2 M€ | 1,3 M€ |
| Share capital or other similar capital | 10 t€ | 10 t€ | 10 t€ | 10 t€ | 10 t€ |
| Capital and reserves | 677 t€ | 722 t€ | 716 t€ | 733 t€ | 734 t€ |
| Long-term liabilities | 125 t€ | 163 t€ | 101 t€ | 156 t€ | 162 t€ |
| Short-term liabilities | 254 t€ | 320 t€ | 318 t€ | 323 t€ | 395 t€ |
| Liabilities | 379 t€ | 483 t€ | 419 t€ | 478 t€ | 558 t€ |
All financial statement items (56)
| 31.3.2026 | 31.3.2025 | 31.3.2024 | 31.3.2023 | 31.3.2022 | |
|---|---|---|---|---|---|
| Turnover | 1,4 M€ | 1,4 M€ | 1,5 M€ | 1,4 M€ | 1,6 M€ |
| Other operating income | 11 t€ | 12 t€ | 12 t€ | 26 t€ | 10 t€ |
| Raw materials and services | 271 t€ | -244 t€ | -299 t€ | -286 t€ | -304 t€ |
| Personnel expenses | 791 t€ | -793 t€ | -814 t€ | -814 t€ | -853 t€ |
| Depreciations and reductions in value | 101 t€ | -105 t€ | -106 t€ | -100 t€ | -99 t€ |
| Other operating expenses | 217 t€ | -219 t€ | -214 t€ | -215 t€ | -199 t€ |
| Operating profit (loss) | 17 t€ | 79 t€ | 51 t€ | 66 t€ | 114 t€ |
| Financial income and expenses + (-) | 8 896 € | -11 t€ | -11 t€ | -6 711 € | -5 553 € |
| Profit (loss) before appropriations and taxes | 8 229 € | 68 t€ | 40 t€ | 59 t€ | 109 t€ |
| Income taxes | 6 556 € | -18 t€ | -13 t€ | -17 t€ | -26 t€ |
| Profit (loss) for the financial year | 1 673 € | 50 t€ | 27 t€ | 43 t€ | 82 t€ |
| Non-current assets | 661 t€ | 715 t€ | 765 t€ | 850 t€ | 860 t€ |
| Stocks | 209 t€ | 187 t€ | 165 t€ | 154 t€ | 127 t€ |
| Receivables | 111 t€ | 193 t€ | 196 t€ | 188 t€ | 190 t€ |
| Cash in hand and at banks | 75 t€ | 110 t€ | 9 808 € | 19 t€ | 114 t€ |
| Current assets | 394 t€ | 491 t€ | 370 t€ | 361 t€ | 432 t€ |
| Assets | 1,1 M€ | 1,2 M€ | 1,1 M€ | 1,2 M€ | 1,3 M€ |
| Share capital or other similar capital | 10 t€ | 10 t€ | 10 t€ | 10 t€ | 10 t€ |
| Capital and reserves | 677 t€ | 722 t€ | 716 t€ | 733 t€ | 734 t€ |
| Long-term liabilities | 125 t€ | 163 t€ | 101 t€ | 156 t€ | 162 t€ |
| Short-term liabilities | 254 t€ | 320 t€ | 318 t€ | 323 t€ | 395 t€ |
| Liabilities | 379 t€ | 483 t€ | 419 t€ | 478 t€ | 558 t€ |
| Buildings and structures, Owned | 446 t€ | 489 t€ | 539 t€ | 591 t€ | 646 t€ |
| Purchases during the financial year | 207 t€ | -173 t€ | -247 t€ | -270 t€ | -257 t€ |
| Short-term receivables | 111 t€ | 193 t€ | 196 t€ | 188 t€ | 190 t€ |
| Other short-term receivables | 0 € | 5 381 € | 62 € | 381 € | 386 € |
| Change in stocks of products + (-) | -975 € | 27 t€ | 1 787 € | 9 423 € | -25 t€ |
| Work in progress | 28 t€ | 26 t€ | 15 t€ | 18 t€ | 7 659 € |
| Profit (loss) for the period, equity | 1 673 € | 50 t€ | 27 t€ | 43 t€ | 82 t€ |
| Tangible assets | 658 t€ | 713 t€ | 762 t€ | 848 t€ | 858 t€ |
| Intangible rights | 2 899 € | 1 398 € | 2 304 € | 1 699 € | 1 203 € |
| Short-term accrued expenses and deferred income | 127 t€ | 142 t€ | 126 t€ | 126 t€ | 123 t€ |
| Interest expenses and other financial expenses for non-Group companies | 8 953 € | -11 t€ | -11 t€ | -6 713 € | -5 587 € |
| Long-term liabilities to credit institutions | 125 t€ | 163 t€ | 101 t€ | 156 t€ | 162 t€ |
| Other shares and similar rights of ownership | 404 € | 404 € | 404 € | 404 € | 404 € |
| Other social security expenses | 20 t€ | -17 t€ | -18 t€ | -20 t€ | -21 t€ |
| Short-term sales receivables | 94 t€ | 176 t€ | 181 t€ | 167 t€ | 173 t€ |
| Depreciations according to plan | 101 t€ | -105 t€ | -106 t€ | -100 t€ | -99 t€ |
| Other current liabilities | 70 t€ | 85 t€ | 82 t€ | 87 t€ | 71 t€ |
| Inventory increase (+) or decrease (-) | -22 t€ | -4 908 € | 8 944 € | 18 t€ | -1 853 € |
| Short-term accounts payable | 18 t€ | 35 t€ | 53 t€ | 34 t€ | 104 t€ |
| Retained earnings | 665 t€ | 662 t€ | 679 t€ | 680 t€ | 641 t€ |
| Machinery and equipment | 149 t€ | 161 t€ | 159 t€ | 193 t€ | 154 t€ |
| Wages and salaries | 662 t€ | -664 t€ | -681 t€ | -677 t€ | -729 t€ |
| Impairment on non-current assets | – | – | 0 € | -76 € | 0 € |
| Other interest and financial income from non-group companies | 57 € | 101 € | 99 € | 3 € | 34 € |
| Land and water areas, Owned | 64 t€ | 64 t€ | 64 t€ | 64 t€ | 59 t€ |
| Short-term liabilities to credit institutions | 39 t€ | 58 t€ | 57 t€ | 76 t€ | 98 t€ |
| Intangible assets | 2 899 € | 1 398 € | 2 304 € | 1 699 € | 1 203 € |
| Investments | 404 € | 404 € | 404 € | 404 € | 404 € |
| Pension expenses | 108 t€ | -111 t€ | -115 t€ | -117 t€ | -104 t€ |
| Materials and supplies | 159 t€ | 137 t€ | 142 t€ | 133 t€ | 115 t€ |
| Services purchased | 85 t€ | -65 t€ | -62 t€ | -33 t€ | -45 t€ |
| Liabilities | 1,1 M€ | 1,2 M€ | 1,1 M€ | 1,2 M€ | 1,3 M€ |
| Short-term prepayments and accrued income | 16 t€ | 12 t€ | 15 t€ | 21 t€ | 17 t€ |
| Finished products | 22 t€ | 25 t€ | 8 378 € | 3 798 € | 4 438 € |
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, Toijalan Elemec Oy is in the upper half of the industry class installation of industrial machinery and equipment (302 companies with taxable income; median 30 t€, 2,1 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.
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