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Soratuote Karppinen Oy

Limited company. Operation of gravel and sand pits and mining of clay and kaolin.

Soratuote Karppinen Oy is a limited company based in Inari, registered in 1990. In the financial year ending 31.12.2025, revenue was 93 t€ and operating profit -44 t€; equity ratio 93.0 %. Public buyers bought 19 t€ from it in 2022–2025; the largest buyer is Työllisyys, kehittämis- ja hallintokeskus (Työ- ja elinkeinoministeriön hallinnonala).

Revenue 202593 t€-41 % on the previous year
Operating profit-44 t€-47,4 % of revenue
Net profit-44 t€EBITDA -55 t€
Equity ratio93,0 %quick ratio 9,83
Taxable income 20240 € -100 % on the previous year
Income taxes 20240 €20 t€ in 2020–2024
In business36 yrsregistered 16.5.1990
Sales to public buyers19 t€2022–2025

Financials

364 t€422 t€502 t€484 t€157 t€93 t€93 t€14 t€3 711 €71 t€12 t€-2 570 €-44 t€11 t€2 355 €57 t€9 657 €-2 605 €-44 t€202020212022202320242025
RevenueOperating profitNet profit
Key figures31.12.202531.12.202431.12.202331.12.202231.12.202131.12.2020
Revenue93 t€157 t€484 t€502 t€422 t€364 t€
Revenue change-40,7 %-67,6 %-3,6 %18,8 %15,9 %–
EBITDA-55 t€25 t€49 t€108 t€40 t€52 t€
EBITDA %-59,4 %16,1 %10,2 %21,5 %9,4 %14,2 %
Operating profit-44 t€-2 570 €12 t€71 t€3 711 €14 t€
Operating margin-47,4 %-1,6 %2,5 %14,2 %0,9 %3,9 %
Net profit-44 t€-2 605 €9 657 €57 t€2 355 €11 t€
Personnel costs-21 t€41 t€118 t€114 t€118 t€115 t€
Equity ratio93,0 %93,4 %72,9 %68,4 %83,3 %77,7 %
Quick ratio9,838,042,091,932,492,11
Current ratio9,838,042,091,932,492,11
Debt to revenue10,3 %8,3 %15,7 %19,3 %7,9 %14,1 %
Return on equity-34,5 %-1,4 %4,7 %26,9 %1,4 %6,0 %
Balance sheet total138 t€198 t€280 t€307 t€200 t€230 t€
Equity128 t€185 t€204 t€210 t€167 t€179 t€
Cash and bank64 t€68 t€102 t€129 t€72 t€92 t€

Balance sheet

230 t€200 t€307 t€280 t€198 t€138 t€138 t€179 t€167 t€210 t€204 t€185 t€128 t€92 t€72 t€129 t€102 t€68 t€64 t€202020212022202320242025
Balance sheet totalEquityCash
Income statement and balance sheet

Income statement

31.12.202531.12.202431.12.202331.12.202231.12.202131.12.2020
Turnover93 t€157 t€484 t€502 t€422 t€364 t€
Other operating income––0 €383 €0 €–
Raw materials and services77 t€-48 t€-262 t€-230 t€-215 t€-146 t€
Personnel expenses21 t€-41 t€-118 t€-114 t€-118 t€-115 t€
Depreciations and reductions in value11 t€-28 t€-37 t€-37 t€-36 t€-37 t€
Other operating expenses28 t€-42 t€-55 t€-50 t€-50 t€-52 t€
Operating profit (loss)-44 t€-2 570 €12 t€71 t€3 711 €14 t€
Financial income and expenses + (-)-48 €-35 €-143 €-337 €-701 €-838 €
Profit (loss) before appropriations and taxes-44 t€-2 605 €12 t€71 t€3 009 €13 t€
Income taxes–0 €-2 529 €-14 t€-654 €-2 724 €
Profit (loss) for the financial year-44 t€-2 605 €9 657 €57 t€2 355 €11 t€

Balance sheet

31.12.202531.12.202431.12.202331.12.202231.12.202131.12.2020
Non-current assets43 t€93 t€121 t€120 t€117 t€122 t€
Receivables31 t€37 t€57 t€58 t€11 t€17 t€
Cash in hand and at banks64 t€68 t€102 t€129 t€72 t€92 t€
Current assets95 t€105 t€159 t€188 t€83 t€109 t€
Assets138 t€198 t€280 t€307 t€200 t€230 t€
Share capital or other similar capital8 409 €8 409 €8 409 €8 409 €8 409 €8 409 €
Capital and reserves128 t€185 t€204 t€210 t€167 t€179 t€
Short-term liabilities9 619 €13 t€76 t€97 t€33 t€51 t€
Liabilities9 619 €13 t€76 t€97 t€33 t€51 t€
All financial statement items (42)
31.12.202531.12.202431.12.202331.12.202231.12.202131.12.2020
Turnover93 t€157 t€484 t€502 t€422 t€364 t€
Other operating income––0 €383 €0 €–
Raw materials and services77 t€-48 t€-262 t€-230 t€-215 t€-146 t€
Personnel expenses21 t€-41 t€-118 t€-114 t€-118 t€-115 t€
Depreciations and reductions in value11 t€-28 t€-37 t€-37 t€-36 t€-37 t€
Other operating expenses28 t€-42 t€-55 t€-50 t€-50 t€-52 t€
Operating profit (loss)-44 t€-2 570 €12 t€71 t€3 711 €14 t€
Financial income and expenses + (-)-48 €-35 €-143 €-337 €-701 €-838 €
Profit (loss) before appropriations and taxes-44 t€-2 605 €12 t€71 t€3 009 €13 t€
Income taxes–0 €-2 529 €-14 t€-654 €-2 724 €
Profit (loss) for the financial year-44 t€-2 605 €9 657 €57 t€2 355 €11 t€
Non-current assets43 t€93 t€121 t€120 t€117 t€122 t€
Receivables31 t€37 t€57 t€58 t€11 t€17 t€
Cash in hand and at banks64 t€68 t€102 t€129 t€72 t€92 t€
Current assets95 t€105 t€159 t€188 t€83 t€109 t€
Assets138 t€198 t€280 t€307 t€200 t€230 t€
Share capital or other similar capital8 409 €8 409 €8 409 €8 409 €8 409 €8 409 €
Capital and reserves128 t€185 t€204 t€210 t€167 t€179 t€
Short-term liabilities9 619 €13 t€76 t€97 t€33 t€51 t€
Liabilities9 619 €13 t€76 t€97 t€33 t€51 t€
Other social security expenses1 200 €-1 293 €-4 782 €-3 233 €-4 835 €-4 362 €
Other interest and financial income from non-group companies48 €44 €62 €3 €65 €46 €
Short-term accrued expenses and deferred income0 €46 €4 127 €14 t€2 461 €3 411 €
Tangible assets43 t€93 t€121 t€120 t€117 t€122 t€
Pension expenses4 387 €-13 t€-21 t€-20 t€-20 t€-18 t€
Liabilities138 t€198 t€280 t€307 t€200 t€230 t€
Machinery and equipment33 t€83 t€111 t€109 t€107 t€111 t€
Services purchased45 t€-10 t€-105 t€-62 t€-115 t€-37 t€
Wages and salaries15 t€-27 t€-92 t€-91 t€-93 t€-92 t€
Buildings and structures, Owned568 €710 €888 €1 110 €1 387 €1 734 €
Other short-term receivables28 t€32 t€40 t€51 t€968 €557 €
Short-term prepayments and accrued income1 115 €4 692 €1 169 €1 556 €3 617 €304 €
Purchases during the financial year32 t€-38 t€-158 t€-169 t€-100 t€-109 t€
Short-term sales receivables2 127 €320 €16 t€5 856 €6 133 €16 t€
Profit (loss) for the period, equity-44 t€-2 605 €9 657 €57 t€2 355 €11 t€
Land and water areas, Owned9 324 €9 324 €9 324 €9 324 €9 324 €9 324 €
Other current liabilities2 277 €4 490 €12 t€11 t€18 t€18 t€
Interest expenses and other financial expenses for non-Group companies0 €-78 €-205 €-340 €-766 €-884 €
Retained earnings164 t€179 t€186 t€145 t€156 t€160 t€
Short-term accounts payable7 342 €8 506 €60 t€71 t€13 t€30 t€
Depreciations according to plan11 t€-28 t€-37 t€-37 t€-36 t€-37 t€
Short-term receivables31 t€37 t€57 t€58 t€11 t€17 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

14 t€3 271 €71 t€13 t€0 €0 €20202021202220232024

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

15 t€900 €3 249 €3 249 €202220242025

Largest buyers

  • Työllisyys, kehittämis- ja hallintokeskus Työ- ja elinkeinoministeriön hallinnonala19 t€
  • Luonnonvarakeskus Maa- ja metsätalousministeriön hallinnonala608 €

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