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Lasilinkki Oy

Limited company, Kuopio. Glazing.

Lasilinkki Oy is a limited company based in Kuopio, registered in 1989. In the financial year ending 31.12.2020, revenue was 1,4 M€ and operating profit 254 t€; equity ratio 88.4 %. Its taxable income in 2024 was 37 t€ and its income taxes 7 471 €. Public buyers bought 4 462 € from it in 2022–2026; the largest buyer is Terveyden ja hyvinvoinnin laitos (Sosiaali- ja terveysministeriön hallinnonala).

Revenue 20201,4 M€+20 % on the previous year
Operating profit254 t€17,7 % of revenue
Net profit202 t€EBITDA 295 t€
Equity ratio88,4 %quick ratio 6,40
Taxable income 202437 t€ upper half of its industry
Income taxes 20247 471 €134 t€ in 2020–2024
In business37 yrsregistered 4.10.1989
Sales to public buyers4 462 €2022–2026

Financials

1,2 M€1,4 M€1,4 M€178 t€254 t€142 t€202 t€20192020
RevenueOperating profitNet profit
Key figures31.12.202031.12.2019
Revenue1,4 M€1,2 M€
Revenue change19,7 %–
EBITDA295 t€210 t€
EBITDA %20,6 %17,5 %
Operating profit254 t€178 t€
Operating margin17,7 %14,8 %
Net profit202 t€142 t€
Personnel costs462 t€382 t€
Equity ratio88,4 %85,1 %
Quick ratio6,404,84
Current ratio7,145,42
Debt to revenue10,7 %15,3 %
Return on equity17,3 %13,6 %
Balance sheet total1,3 M€1,2 M€
Equity1,2 M€1,0 M€
Cash and bank807 t€733 t€

Balance sheet

1,2 M€1,3 M€1,3 M€1,0 M€1,2 M€733 t€807 t€20192020
Balance sheet totalEquityCash
Income statement and balance sheet

Income statement

31.12.202031.12.2019
Turnover1,4 M€1,2 M€
Other operating income76 t€28 t€
Raw materials and services-530 t€-426 t€
Personnel expenses-462 t€-382 t€
Depreciations and reductions in value-42 t€-32 t€
Other operating expenses-222 t€-207 t€
Operating profit (loss)254 t€178 t€
Financial income and expenses + (-)-517 €-15 €
Profit (loss) before appropriations and taxes253 t€178 t€
Income taxes-51 t€-36 t€
Profit (loss) for the financial year202 t€142 t€

Balance sheet

31.12.202031.12.2019
Non-current assets222 t€237 t€
Stocks114 t€106 t€
Receivables179 t€154 t€
Cash in hand and at banks807 t€733 t€
Current assets1,1 M€993 t€
Assets1,3 M€1,2 M€
Share capital or other similar capital8 000 €8 000 €
Capital and reserves1,2 M€1,0 M€
Short-term liabilities154 t€183 t€
Liabilities154 t€183 t€
All financial statement items (45)
31.12.202031.12.2019
Turnover1,4 M€1,2 M€
Other operating income76 t€28 t€
Raw materials and services-530 t€-426 t€
Personnel expenses-462 t€-382 t€
Depreciations and reductions in value-42 t€-32 t€
Other operating expenses-222 t€-207 t€
Operating profit (loss)254 t€178 t€
Financial income and expenses + (-)-517 €-15 €
Profit (loss) before appropriations and taxes253 t€178 t€
Income taxes-51 t€-36 t€
Profit (loss) for the financial year202 t€142 t€
Non-current assets222 t€237 t€
Stocks114 t€106 t€
Receivables179 t€154 t€
Cash in hand and at banks807 t€733 t€
Current assets1,1 M€993 t€
Assets1,3 M€1,2 M€
Share capital or other similar capital8 000 €8 000 €
Capital and reserves1,2 M€1,0 M€
Short-term liabilities154 t€183 t€
Liabilities154 t€183 t€
Purchases during the financial year-477 t€-414 t€
Short-term receivables179 t€154 t€
Other short-term receivables496 €11 t€
Profit (loss) for the period, equity202 t€142 t€
Tangible assets82 t€97 t€
Short-term accrued expenses and deferred income68 t€60 t€
Interest expenses and other financial expenses for non-Group companies-574 €-120 €
Other shares and similar rights of ownership140 t€140 t€
Other social security expenses-27 t€-13 t€
Short-term sales receivables113 t€82 t€
Depreciations according to plan-42 t€-32 t€
Other current liabilities45 t€96 t€
Inventory increase (+) or decrease (-)7 601 €480 €
Short-term accounts payable41 t€27 t€
Retained earnings958 t€896 t€
Machinery and equipment82 t€97 t€
Wages and salaries-370 t€-316 t€
Other interest and financial income from non-group companies57 €105 €
Investments140 t€140 t€
Pension expenses-65 t€-53 t€
Materials and supplies114 t€106 t€
Services purchased-60 t€-13 t€
Liabilities1,3 M€1,2 M€
Short-term prepayments and accrued income65 t€62 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

253 t€174 t€130 t€63 t€37 t€37 t€20202021202220232024

Measured by taxable income, Lasilinkki Oy is in the upper half of the industry class glazing (75 companies with taxable income; median 37 t€).

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

1 508 €1 699 €400 €797 €58 €58 €20222023202420252026

Largest buyers

  • Terveyden ja hyvinvoinnin laitos Sosiaali- ja terveysministeriön hallinnonala1 156 €
  • Rikosseuraamuslaitos Oikeusministeriön hallinnonala911 €
  • Stara-liikelaitos, Helsinki Helsinki853 €
  • Ulosottolaitos Oikeusministeriön hallinnonala570 €
  • Hätäkeskuslaitos Sisäministeriön hallinnonala400 €
  • Opetus- ja kulttuuriministeriö Opetus- ja kulttuuriministeriön hallinnonala326 €
  • Pelastusopisto Sisäministeriön hallinnonala188 €
  • Geologian tutkimuskeskus Työ- ja elinkeinoministeriön hallinnonala58 €

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