Asennuspalvelu Vainionpää Oy is a limited company based in Teuva, registered in 1991. In the financial year ending 31.12.2025, revenue was 2,1 M€ and operating profit 135 t€; equity ratio 56.6 %. Its taxable income in 2024 was 9 382 € and its income taxes 1 876 €.
Revenue 20252,1 M€+27 % on the previous year
Operating profit135 t€6,3 % of revenue
Net profit92 t€EBITDA 66 t€
Equity ratio56,6 %quick ratio 1,93
Taxable income 20249 382 €
lower half of its industry
Income taxes 20241 876 €78 t€ in 2020–2024
In business35 yrsregistered 11.9.1991
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 |
|---|---|---|---|---|---|---|
| Revenue | 2,1 M€ | 1,7 M€ | 2,5 M€ | 2,1 M€ | 1,9 M€ | 1,8 M€ |
| Revenue change | 26,7 % | -32,6 % | 17,4 % | 11,6 % | 9,4 % | – |
| EBITDA | 66 t€ | 117 t€ | 420 t€ | 123 t€ | 268 t€ | 216 t€ |
| EBITDA % | 3,1 % | 6,9 % | 16,7 % | 5,8 % | 14,0 % | 12,3 % |
| Operating profit | 135 t€ | 37 t€ | 269 t€ | -10 t€ | 124 t€ | 90 t€ |
| Operating margin | 6,3 % | 2,2 % | 10,7 % | -0,5 % | 6,5 % | 5,2 % |
| Net profit | 92 t€ | 7 420 € | 195 t€ | -33 t€ | 81 t€ | 52 t€ |
| Personnel costs | -1,2 M€ | 1,1 M€ | 1,3 M€ | 1,2 M€ | 1,1 M€ | 1,1 M€ |
| Equity ratio | 56,6 % | 42,6 % | 44,8 % | 33,2 % | 36,3 % | 38,1 % |
| Quick ratio | 1,93 | 1,57 | 1,83 | 1,26 | 1,65 | 1,63 |
| Current ratio | 1,98 | 1,60 | 1,86 | 1,34 | 1,72 | 1,69 |
| Debt to revenue | 22,2 % | 45,8 % | 32,1 % | 47,0 % | 52,9 % | 52,6 % |
| Return on equity | 14,9 % | 1,3 % | 29,8 % | -6,6 % | 14,1 % | 9,2 % |
| Balance sheet total | 1,1 M€ | 1,4 M€ | 1,5 M€ | 1,5 M€ | 1,6 M€ | 1,5 M€ |
| Equity | 622 t€ | 575 t€ | 654 t€ | 499 t€ | 578 t€ | 567 t€ |
| Cash and bank | 341 t€ | 184 t€ | 621 t€ | 155 t€ | 289 t€ | 294 t€ |
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 | |
|---|---|---|---|---|---|---|
| Turnover | 2,1 M€ | 1,7 M€ | 2,5 M€ | 2,1 M€ | 1,9 M€ | 1,8 M€ |
| Raw materials and services | 325 t€ | -93 t€ | -417 t€ | -538 t€ | -296 t€ | -159 t€ |
| Personnel expenses | 1,2 M€ | -1,1 M€ | -1,3 M€ | -1,2 M€ | -1,1 M€ | -1,1 M€ |
| Depreciations and reductions in value | 69 t€ | -81 t€ | -151 t€ | -133 t€ | -144 t€ | -125 t€ |
| Other operating expenses | 388 t€ | -350 t€ | -394 t€ | -327 t€ | -271 t€ | -285 t€ |
| Operating profit (loss) | 135 t€ | 37 t€ | 269 t€ | -10 t€ | 124 t€ | 90 t€ |
| Financial income and expenses + (-) | 19 t€ | -28 t€ | -33 t€ | -22 t€ | -22 t€ | -25 t€ |
| Profit (loss) before appropriations and taxes | 116 t€ | 8 395 € | 237 t€ | -32 t€ | 102 t€ | 66 t€ |
| Income taxes | 23 t€ | -975 € | -42 t€ | -326 € | -21 t€ | -13 t€ |
| Profit (loss) for the financial year | 92 t€ | 7 420 € | 195 t€ | -33 t€ | 81 t€ | 52 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Non-current assets | 545 t€ | 608 t€ | 619 t€ | 759 t€ | 846 t€ | 822 t€ |
| Stocks | 12 t€ | 14 t€ | 17 t€ | 47 t€ | 30 t€ | 22 t€ |
| Receivables | 201 t€ | 544 t€ | 203 t€ | 546 t€ | 429 t€ | 350 t€ |
| Cash in hand and at banks | 341 t€ | 184 t€ | 621 t€ | 155 t€ | 289 t€ | 294 t€ |
| Current assets | 554 t€ | 743 t€ | 841 t€ | 748 t€ | 747 t€ | 666 t€ |
| Assets | 1,1 M€ | 1,4 M€ | 1,5 M€ | 1,5 M€ | 1,6 M€ | 1,5 M€ |
| Share capital or other similar capital | 2 523 € | 2 523 € | 2 523 € | 2 523 € | 2 523 € | 2 523 € |
| Capital and reserves | 622 t€ | 575 t€ | 654 t€ | 499 t€ | 578 t€ | 567 t€ |
| Long-term liabilities | 197 t€ | 311 t€ | 354 t€ | 450 t€ | 580 t€ | 527 t€ |
| Short-term liabilities | 280 t€ | 465 t€ | 451 t€ | 557 t€ | 435 t€ | 394 t€ |
| Liabilities | 477 t€ | 776 t€ | 805 t€ | 1,0 M€ | 1,0 M€ | 921 t€ |
All financial statement items (54)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 2,1 M€ | 1,7 M€ | 2,5 M€ | 2,1 M€ | 1,9 M€ | 1,8 M€ |
| Raw materials and services | 325 t€ | -93 t€ | -417 t€ | -538 t€ | -296 t€ | -159 t€ |
| Personnel expenses | 1,2 M€ | -1,1 M€ | -1,3 M€ | -1,2 M€ | -1,1 M€ | -1,1 M€ |
| Depreciations and reductions in value | 69 t€ | -81 t€ | -151 t€ | -133 t€ | -144 t€ | -125 t€ |
| Other operating expenses | 388 t€ | -350 t€ | -394 t€ | -327 t€ | -271 t€ | -285 t€ |
| Operating profit (loss) | 135 t€ | 37 t€ | 269 t€ | -10 t€ | 124 t€ | 90 t€ |
| Financial income and expenses + (-) | 19 t€ | -28 t€ | -33 t€ | -22 t€ | -22 t€ | -25 t€ |
| Profit (loss) before appropriations and taxes | 116 t€ | 8 395 € | 237 t€ | -32 t€ | 102 t€ | 66 t€ |
| Income taxes | 23 t€ | -975 € | -42 t€ | -326 € | -21 t€ | -13 t€ |
| Profit (loss) for the financial year | 92 t€ | 7 420 € | 195 t€ | -33 t€ | 81 t€ | 52 t€ |
| Non-current assets | 545 t€ | 608 t€ | 619 t€ | 759 t€ | 846 t€ | 822 t€ |
| Stocks | 12 t€ | 14 t€ | 17 t€ | 47 t€ | 30 t€ | 22 t€ |
| Receivables | 201 t€ | 544 t€ | 203 t€ | 546 t€ | 429 t€ | 350 t€ |
| Cash in hand and at banks | 341 t€ | 184 t€ | 621 t€ | 155 t€ | 289 t€ | 294 t€ |
| Current assets | 554 t€ | 743 t€ | 841 t€ | 748 t€ | 747 t€ | 666 t€ |
| Assets | 1,1 M€ | 1,4 M€ | 1,5 M€ | 1,5 M€ | 1,6 M€ | 1,5 M€ |
| Share capital or other similar capital | 2 523 € | 2 523 € | 2 523 € | 2 523 € | 2 523 € | 2 523 € |
| Capital and reserves | 622 t€ | 575 t€ | 654 t€ | 499 t€ | 578 t€ | 567 t€ |
| Long-term liabilities | 197 t€ | 311 t€ | 354 t€ | 450 t€ | 580 t€ | 527 t€ |
| Short-term liabilities | 280 t€ | 465 t€ | 451 t€ | 557 t€ | 435 t€ | 394 t€ |
| Liabilities | 477 t€ | 776 t€ | 805 t€ | 1,0 M€ | 1,0 M€ | 921 t€ |
| Services purchased | 136 t€ | -20 t€ | -339 t€ | -393 t€ | -101 t€ | -71 t€ |
| Other tangible assets | 5 330 € | 6 091 € | 6 853 € | 0 € | – | – |
| Retained earnings | 527 t€ | 565 t€ | 457 t€ | 530 t€ | 495 t€ | 512 t€ |
| Other current liabilities | 55 t€ | 155 t€ | 105 t€ | 164 t€ | 151 t€ | 139 t€ |
| Profit (loss) for the period, equity | 92 t€ | 7 420 € | 195 t€ | -33 t€ | 81 t€ | 52 t€ |
| Other short-term receivables | 9 930 € | 9 947 € | 9 912 € | 9 914 € | 2 067 € | 0 € |
| Depreciations according to plan | 69 t€ | -81 t€ | -151 t€ | -133 t€ | -144 t€ | -125 t€ |
| Short-term accounts payable | 25 t€ | 46 t€ | 61 t€ | 176 t€ | 76 t€ | 57 t€ |
| Finished products | – | – | 0 € | 20 t€ | 0 € | – |
| Purchases during the financial year | 188 t€ | -70 t€ | -68 t€ | -142 t€ | -202 t€ | -80 t€ |
| Land and water areas, Owned | 9 985 € | 9 985 € | 9 985 € | 9 985 € | 9 985 € | 9 985 € |
| Change in stocks of products + (-) | – | 0 € | -20 t€ | 20 t€ | 0 € | – |
| Wages and salaries | 950 t€ | -909 t€ | -982 t€ | -909 t€ | -837 t€ | -854 t€ |
| Short-term sales receivables | 149 t€ | 521 t€ | 180 t€ | 513 t€ | 408 t€ | 338 t€ |
| Inventory increase (+) or decrease (-) | 2 320 € | -2 331 € | -10 t€ | -3 020 € | 7 298 € | -7 537 € |
| Interest expenses and other financial expenses for non-Group companies | 20 t€ | -29 t€ | -33 t€ | -22 t€ | -23 t€ | -26 t€ |
| Other interest and financial income from non-group companies | 228 € | 963 € | 99 € | 52 € | 1 194 € | 1 018 € |
| Other social security expenses | 62 t€ | -54 t€ | -69 t€ | -69 t€ | -56 t€ | -46 t€ |
| Tangible assets | 529 t€ | 592 t€ | 604 t€ | 743 t€ | 833 t€ | 809 t€ |
| Intangible assets | 2 583 € | 3 138 € | 2 241 € | 2 614 € | 0 € | – |
| Short-term accrued expenses and deferred income | 138 t€ | 168 t€ | 190 t€ | 122 t€ | 145 t€ | 136 t€ |
| Short-term receivables | 201 t€ | 544 t€ | 203 t€ | 546 t€ | 429 t€ | 350 t€ |
| Pension expenses | 216 t€ | -168 t€ | -212 t€ | -195 t€ | -191 t€ | -193 t€ |
| Buildings and structures, Owned | 154 t€ | 163 t€ | 174 t€ | 186 t€ | 198 t€ | 166 t€ |
| Long-term liabilities to credit institutions | 197 t€ | 311 t€ | 354 t€ | 450 t€ | 580 t€ | 527 t€ |
| Machinery and equipment | 360 t€ | 413 t€ | 414 t€ | 548 t€ | 625 t€ | 633 t€ |
| Other shares and similar rights of ownership | 12 t€ | 12 t€ | 12 t€ | 12 t€ | 12 t€ | 12 t€ |
| Materials and supplies | 12 t€ | 14 t€ | 17 t€ | 27 t€ | 30 t€ | 22 t€ |
| Short-term liabilities to credit institutions | 62 t€ | 95 t€ | 95 t€ | 95 t€ | 62 t€ | 62 t€ |
| Short-term prepayments and accrued income | 42 t€ | 13 t€ | 14 t€ | 23 t€ | 18 t€ | 12 t€ |
| Other intangible assets | 2 583 € | 3 138 € | 2 241 € | 2 614 € | 0 € | – |
| Investments | 12 t€ | 12 t€ | 12 t€ | 12 t€ | 12 t€ | 12 t€ |
| Liabilities | 1,1 M€ | 1,4 M€ | 1,5 M€ | 1,5 M€ | 1,6 M€ | 1,5 M€ |
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, Asennuspalvelu Vainionpää Oy is in the lower half of the industry class installation of industrial machinery and equipment (302 companies with taxable income; median 30 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.