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Foto Airaksinen Oy

Limited company, Vaasa. Retail sale of photographic goods.

Foto Airaksinen Oy is a limited company based in Vaasa, registered in 1977. In the financial year ending 31.1.2026, revenue was 553 t€ and operating profit -4 526 €; equity ratio 86.1 %. Public buyers bought 3 899 € from it in 2022–2026; the largest buyer is Tuomioistuinlaitos (Oikeusministeriön hallinnonala). It has won 1 public contracts in EU procurement notices.

Revenue 2026553 t€-6 % on the previous year
Operating profit-4 526 €-0,8 % of revenue
Net profit26 t€EBITDA -19 t€
Equity ratio86,1 %quick ratio 4,60
In business49 yrsregistered 12.8.1977
Sales to public buyers3 899 €2022–2026
Contracts won11,8 M€ in total

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Financials

514 t€532 t€517 t€545 t€587 t€553 t€553 t€-60 t€-12 t€-62 t€123 t€-9 236 €-4 526 €-66 t€44 t€31 t€153 t€29 t€26 t€2021-012022-012023-012024-012025-012026-01
RevenueOperating profitNet profit
Key figures31.1.202631.1.202531.1.202431.1.202331.1.202231.1.2021
Revenue553 t€587 t€545 t€517 t€532 t€514 t€
Revenue change-5,7 %7,6 %5,5 %-3,0 %3,6 %–
EBITDA-19 t€5 932 €155 t€-40 t€-241 €-47 t€
EBITDA %-3,4 %1,0 %28,4 %-7,8 %-0,0 %-9,2 %
Operating profit-4 526 €-9 236 €123 t€-62 t€-12 t€-60 t€
Operating margin-0,8 %-1,6 %22,5 %-12,1 %-2,3 %-11,7 %
Net profit26 t€29 t€153 t€31 t€44 t€-66 t€
Personnel costs-231 t€218 t€283 t€340 t€357 t€380 t€
Equity ratio86,1 %87,0 %65,1 %82,3 %88,8 %89,6 %
Quick ratio4,604,573,734,064,324,12
Current ratio4,614,613,774,324,654,53
Debt to revenue8,7 %7,5 %28,2 %25,2 %14,7 %13,1 %
Return on equity8,7 %9,7 %53,6 %5,1 %7,1 %-11,4 %
Balance sheet total347 t€340 t€440 t€733 t€700 t€645 t€
Equity299 t€296 t€286 t€603 t€622 t€578 t€
Cash and bank209 t€183 t€228 t€327 t€327 t€266 t€

Balance sheet

645 t€700 t€733 t€440 t€340 t€347 t€347 t€578 t€622 t€603 t€286 t€296 t€299 t€266 t€327 t€327 t€228 t€183 t€209 t€2021-012022-012023-012024-012025-012026-01
Balance sheet totalEquityCash
Income statement and balance sheet

Income statement

31.1.202631.1.202531.1.202431.1.202331.1.202231.1.2021
Turnover553 t€587 t€545 t€517 t€532 t€514 t€
Other operating income3 187 €12 t€189 t€14 t€17 t€53 t€
Raw materials and services198 t€-256 t€-186 t€-136 t€-102 t€-109 t€
Personnel expenses231 t€-218 t€-283 t€-340 t€-357 t€-380 t€
Depreciations and reductions in value14 t€-15 t€-32 t€-22 t€-12 t€-13 t€
Other operating expenses118 t€-118 t€-111 t€-95 t€-91 t€-126 t€
Operating profit (loss)-4 526 €-9 236 €123 t€-62 t€-12 t€-60 t€
Financial income and expenses + (-)-31 t€38 t€30 t€93 t€56 t€-5 646 €
Profit (loss) before appropriations and taxes26 t€29 t€153 t€31 t€44 t€-66 t€
Income taxes1 €-5 €261 €382 €0 €7 €
Profit (loss) for the financial year26 t€29 t€153 t€31 t€44 t€-66 t€

Balance sheet

31.1.202631.1.202531.1.202431.1.202331.1.202231.1.2021
Non-current assets125 t€137 t€196 t€368 t€337 t€340 t€
Stocks256 €1 655 €2 755 €21 t€26 t€27 t€
Receivables13 t€19 t€13 t€16 t€11 t€11 t€
Cash in hand and at banks209 t€183 t€228 t€327 t€327 t€266 t€
Current assets222 t€203 t€244 t€365 t€363 t€305 t€
Assets347 t€340 t€440 t€733 t€700 t€645 t€
Share capital or other similar capital8 000 €8 000 €8 000 €8 000 €8 000 €8 000 €
Capital and reserves299 t€296 t€286 t€603 t€622 t€578 t€
Long-term liabilities–0 €89 t€45 t€0 €–
Short-term liabilities48 t€44 t€65 t€84 t€78 t€67 t€
Liabilities48 t€44 t€154 t€130 t€78 t€67 t€
All financial statement items (51)
31.1.202631.1.202531.1.202431.1.202331.1.202231.1.2021
Turnover553 t€587 t€545 t€517 t€532 t€514 t€
Other operating income3 187 €12 t€189 t€14 t€17 t€53 t€
Raw materials and services198 t€-256 t€-186 t€-136 t€-102 t€-109 t€
Personnel expenses231 t€-218 t€-283 t€-340 t€-357 t€-380 t€
Depreciations and reductions in value14 t€-15 t€-32 t€-22 t€-12 t€-13 t€
Other operating expenses118 t€-118 t€-111 t€-95 t€-91 t€-126 t€
Operating profit (loss)-4 526 €-9 236 €123 t€-62 t€-12 t€-60 t€
Financial income and expenses + (-)-31 t€38 t€30 t€93 t€56 t€-5 646 €
Profit (loss) before appropriations and taxes26 t€29 t€153 t€31 t€44 t€-66 t€
Income taxes1 €-5 €261 €382 €0 €7 €
Profit (loss) for the financial year26 t€29 t€153 t€31 t€44 t€-66 t€
Non-current assets125 t€137 t€196 t€368 t€337 t€340 t€
Stocks256 €1 655 €2 755 €21 t€26 t€27 t€
Receivables13 t€19 t€13 t€16 t€11 t€11 t€
Cash in hand and at banks209 t€183 t€228 t€327 t€327 t€266 t€
Current assets222 t€203 t€244 t€365 t€363 t€305 t€
Assets347 t€340 t€440 t€733 t€700 t€645 t€
Share capital or other similar capital8 000 €8 000 €8 000 €8 000 €8 000 €8 000 €
Capital and reserves299 t€296 t€286 t€603 t€622 t€578 t€
Long-term liabilities–0 €89 t€45 t€0 €–
Short-term liabilities48 t€44 t€65 t€84 t€78 t€67 t€
Liabilities48 t€44 t€154 t€130 t€78 t€67 t€
Services purchased188 t€-247 t€-132 t€-118 t€-85 t€-100 t€
Impairment on investments for non-current assets––––0 €-6 448 €
Retained earnings265 t€259 t€125 t€564 t€570 t€636 t€
Other current liabilities21 t€18 t€16 t€20 t€29 t€23 t€
Profit (loss) for the period, equity26 t€29 t€153 t€31 t€44 t€-66 t€
Other short-term receivables1 800 €1 800 €1 800 €0 €0 €1 322 €
Depreciations according to plan14 t€-15 t€-32 t€-22 t€-12 t€-13 t€
Short-term accounts payable6 778 €9 799 €23 t€21 t€11 t€14 t€
Income from other investments under non-current assets, from other companies28 t€34 t€28 t€94 t€56 t€760 €
Purchases during the financial year9 015 €-8 235 €-36 t€-13 t€-15 t€-11 t€
Wages and salaries198 t€-183 t€-237 t€-282 t€-298 t€-299 t€
Short-term sales receivables8 958 €13 t€5 743 €16 t€11 t€9 641 €
Inventory increase (+) or decrease (-)1 399 €-1 100 €-19 t€-4 231 €-1 728 €1 556 €
Interest expenses and other financial expenses for non-Group companies0 €-961 €-3 159 €-906 €-74 €-30 €
Other interest and financial income from non-group companies2 450 €4 450 €6 070 €313 €593 €71 €
Other social security expenses5 278 €-1 507 €-8 816 €-8 874 €-8 688 €-6 722 €
Tangible assets15 t€18 t€96 t€66 t€35 t€39 t€
Intangible assets9 334 €19 t€0 €–––
Short-term accrued expenses and deferred income20 t€16 t€26 t€44 t€38 t€30 t€
Short-term receivables13 t€19 t€13 t€16 t€11 t€11 t€
Pension expenses27 t€-34 t€-37 t€-48 t€-50 t€-74 t€
Long-term liabilities to credit institutions–0 €89 t€45 t€0 €–
Machinery and equipment15 t€18 t€96 t€66 t€35 t€39 t€
Goodwill9 334 €19 t€0 €–––
Other shares and similar rights of ownership101 t€100 t€100 t€302 t€302 t€302 t€
Materials and supplies256 €1 655 €2 755 €21 t€26 t€27 t€
Short-term prepayments and accrued income2 275 €3 876 €5 638 €0 €––
Investments101 t€100 t€100 t€302 t€302 t€302 t€
Liabilities347 t€340 t€440 t€733 t€700 t€645 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).

Sales to public buyers

824 €2 194 €674 €179 €29 €29 €20222023202420252026

Largest buyers

  • Tuomioistuinlaitos Oikeusministeriön hallinnonala1 866 €
  • Työllisyys, kehittämis- ja hallintokeskus Työ- ja elinkeinoministeriön hallinnonala1 483 €
  • Hätäkeskuslaitos Sisäministeriön hallinnonala312 €
  • Syyttäjälaitos Oikeusministeriön hallinnonala154 €
  • Maahanmuuttovirasto Sisäministeriön hallinnonala85 €

Public contracts won

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