Antilan Vesi ja Lämpö Oy is a limited company based in Ikaalinen, registered in 1990. In the financial year ending 31.10.2025, revenue was 1,1 M€ and operating profit -38 t€; equity ratio 9.7 %. Public buyers bought 2 011 € from it in 2023–2024; the largest buyer is Avopalvelu (Pirkanmaan hyvinvointialue).
Revenue 20251,1 M€+8 % on the previous year
Operating profit-38 t€-3,5 % of revenue
Net profit-40 t€EBITDA -42 t€
Equity ratio9,7 %quick ratio 0,59
Taxable income 20240 €
profit as taxed
Income taxes 20240 €16 t€ in 2020–2024
In business36 yrsregistered 24.10.1990
Sales to public buyers2 011 €2023–2024
Financials
RevenueOperating profitNet profit
| Key figures | 31.10.2025 | 31.10.2024 | 31.10.2023 |
|---|---|---|---|
| Revenue | 1,1 M€ | 996 t€ | 966 t€ |
| Revenue change | 8,4 % | 3,2 % | – |
| EBITDA | -42 t€ | 71 t€ | -17 t€ |
| EBITDA % | -3,9 % | 7,1 % | -1,7 % |
| Operating profit | -38 t€ | 59 t€ | -21 t€ |
| Operating margin | -3,5 % | 6,0 % | -2,2 % |
| Net profit | -40 t€ | 59 t€ | -22 t€ |
| Personnel costs | -345 t€ | 299 t€ | 301 t€ |
| Equity ratio | 9,7 % | 21,5 % | 0,5 % |
| Quick ratio | 0,59 | 0,47 | 0,27 |
| Current ratio | 0,93 | 1,06 | 0,79 |
| Debt to revenue | 12,4 % | 21,8 % | 16,2 % |
| Return on equity | -276,0 % | 98,8 % | -2993,3 % |
| Balance sheet total | 148 t€ | 276 t€ | 272 t€ |
| Equity | 14 t€ | 59 t€ | 731 € |
| Cash and bank | 24 t€ | 27 t€ | 33 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.10.2025 | 31.10.2024 | 31.10.2023 | |
|---|---|---|---|
| Turnover | 1,1 M€ | 996 t€ | 966 t€ |
| Other operating income | 2 310 € | 0 € | 3 230 € |
| Raw materials and services | 625 t€ | -418 t€ | -673 t€ |
| Personnel expenses | 345 t€ | -299 t€ | -301 t€ |
| Depreciations and reductions in value | 3 807 € | -12 t€ | -4 242 € |
| Other operating expenses | 145 t€ | -104 t€ | -115 t€ |
| Operating profit (loss) | -38 t€ | 59 t€ | -21 t€ |
| Financial income and expenses + (-) | 1 941 € | -894 € | -990 € |
| Profit (loss) before appropriations and taxes | -40 t€ | 59 t€ | -22 t€ |
| Profit (loss) for the financial year | -40 t€ | 59 t€ | -22 t€ |
Balance sheet
| 31.10.2025 | 31.10.2024 | 31.10.2023 | |
|---|---|---|---|
| Non-current assets | 24 t€ | 47 t€ | 57 t€ |
| Stocks | 45 t€ | 127 t€ | 144 t€ |
| Receivables | 55 t€ | 75 t€ | 39 t€ |
| Cash in hand and at banks | 24 t€ | 27 t€ | 33 t€ |
| Current assets | 125 t€ | 229 t€ | 216 t€ |
| Assets | 148 t€ | 276 t€ | 272 t€ |
| Share capital or other similar capital | 17 t€ | 17 t€ | 17 t€ |
| Capital and reserves | 14 t€ | 59 t€ | 731 € |
| Short-term liabilities | 134 t€ | 217 t€ | 272 t€ |
| Liabilities | 134 t€ | 217 t€ | 272 t€ |
All financial statement items (50)
| 31.10.2025 | 31.10.2024 | 31.10.2023 | |
|---|---|---|---|
| Turnover | 1,1 M€ | 996 t€ | 966 t€ |
| Other operating income | 2 310 € | 0 € | 3 230 € |
| Raw materials and services | 625 t€ | -418 t€ | -673 t€ |
| Personnel expenses | 345 t€ | -299 t€ | -301 t€ |
| Depreciations and reductions in value | 3 807 € | -12 t€ | -4 242 € |
| Other operating expenses | 145 t€ | -104 t€ | -115 t€ |
| Operating profit (loss) | -38 t€ | 59 t€ | -21 t€ |
| Financial income and expenses + (-) | 1 941 € | -894 € | -990 € |
| Profit (loss) before appropriations and taxes | -40 t€ | 59 t€ | -22 t€ |
| Profit (loss) for the financial year | -40 t€ | 59 t€ | -22 t€ |
| Non-current assets | 24 t€ | 47 t€ | 57 t€ |
| Stocks | 45 t€ | 127 t€ | 144 t€ |
| Receivables | 55 t€ | 75 t€ | 39 t€ |
| Cash in hand and at banks | 24 t€ | 27 t€ | 33 t€ |
| Current assets | 125 t€ | 229 t€ | 216 t€ |
| Assets | 148 t€ | 276 t€ | 272 t€ |
| Share capital or other similar capital | 17 t€ | 17 t€ | 17 t€ |
| Capital and reserves | 14 t€ | 59 t€ | 731 € |
| Short-term liabilities | 134 t€ | 217 t€ | 272 t€ |
| Liabilities | 134 t€ | 217 t€ | 272 t€ |
| Investments | 6 109 € | 6 109 € | 6 109 € |
| Depreciations according to plan | 3 807 € | -12 t€ | -4 242 € |
| Short-term sales receivables | 42 t€ | 62 t€ | 28 t€ |
| Pension expenses | 54 t€ | -46 t€ | -49 t€ |
| Profit (loss) for the period, equity | -40 t€ | 59 t€ | -22 t€ |
| Income from other investments under non-current assets, from other companies | 80 € | 80 € | 80 € |
| Interest expenses and other financial expenses for non-Group companies | 2 070 € | -1 063 € | -1 071 € |
| Other shares and similar rights of ownership | 6 109 € | 6 109 € | 6 109 € |
| Short-term receivables | 55 t€ | 75 t€ | 39 t€ |
| Liabilities | 148 t€ | 276 t€ | 272 t€ |
| Inventory increase (+) or decrease (-) | 82 t€ | 88 t€ | -5 504 € |
| Wages and salaries | 280 t€ | -244 t€ | -242 t€ |
| Services purchased | 69 t€ | -74 t€ | -126 t€ |
| Short-term advances received | – | 0 € | 115 t€ |
| Other social security expenses | 12 t€ | -9 283 € | -10 t€ |
| Tangible assets | 17 t€ | 41 t€ | 51 t€ |
| Short-term accounts payable | 65 t€ | 150 t€ | 95 t€ |
| Short-term accrued expenses and deferred income | 42 t€ | 34 t€ | 32 t€ |
| Other short-term receivables | 2 969 € | 3 887 € | 3 806 € |
| Other interest and financial income from non-group companies | 49 € | 89 € | 2 € |
| Other current liabilities | 26 t€ | 33 t€ | 29 t€ |
| Materials and supplies | 45 t€ | 127 t€ | 40 t€ |
| Purchases during the financial year | 475 t€ | -432 t€ | -541 t€ |
| Work in progress | – | 0 € | 104 t€ |
| Short-term prepayments and accrued income | 9 558 € | 8 260 € | 7 494 € |
| Machinery and equipment | 9 886 € | 33 t€ | 42 t€ |
| Buildings and structures, Owned | 6 792 € | 7 303 € | 7 853 € |
| Retained earnings | 37 t€ | -16 t€ | 5 802 € |
| Change in stocks of products + (-) | 0 € | -104 t€ | 104 t€ |
| Land and water areas, Owned | 806 € | 806 € | 806 € |
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
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
Largest buyers
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