Iisalmen Vaunu ja Sähköhuolto Oy is a limited company based in Iisalmi, registered in 1992. In the financial year ending 31.12.2025, revenue was 15 t€ and operating profit 9 829 €; equity ratio 96.8 %. Public buyers bought 1 081 € from it in 2022–2022; the largest buyer is Luonnonvarakeskus (Maa- ja metsätalousministeriön hallinnonala).
Revenue 202515 t€-44 % on the previous year
Operating profit9 829 €66,8 % of revenue
Net profit9 314 €EBITDA 9 829 €
Equity ratio96,8 %quick ratio 26,56
In business33 yrsregistered 2.12.1992
Sales to public buyers1 081 €2022–2022
Iisalmi: 6 new companies in 30 days
- AI-point OyOhjelmistojen suunnittelu ja valmistus
- Koljonvirran Teollisuuspalvelu OyMetallien työstö
- Zaitti OyOhjelmistojen suunnittelu ja valmistus
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Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 |
|---|---|---|---|---|---|
| Revenue | 15 t€ | 26 t€ | 24 t€ | 36 t€ | 40 t€ |
| Revenue change | -44,1 % | 9,9 % | -33,7 % | -9,5 % | – |
| EBITDA | 9 829 € | -327 € | -3 536 € | 3 043 € | 9 600 € |
| EBITDA % | 66,8 % | -1,2 % | -14,8 % | 8,4 % | 24,0 % |
| Operating profit | 9 829 € | -1 764 € | -5 452 € | 1 027 € | 6 912 € |
| Operating margin | 66,8 % | -6,7 % | -22,7 % | 2,8 % | 17,3 % |
| Net profit | 9 314 € | -1 816 € | -5 457 € | 808 € | 6 309 € |
| Personnel costs | -10 t€ | 10 t€ | 12 t€ | 12 t€ | 12 t€ |
| Equity ratio | 96,8 % | 95,6 % | 98,5 % | 96,1 % | 93,8 % |
| Quick ratio | 26,56 | 15,32 | 43,81 | 18,51 | 11,35 |
| Current ratio | 31,24 | 19,45 | 55,44 | 22,13 | 13,57 |
| Debt to revenue | 8,4 % | 5,4 % | 2,3 % | 5,0 % | 7,8 % |
| Return on equity | 24,8 % | -5,9 % | -15,5 % | 1,8 % | 13,3 % |
| Balance sheet total | 39 t€ | 32 t€ | 36 t€ | 46 t€ | 50 t€ |
| Equity | 38 t€ | 31 t€ | 35 t€ | 44 t€ | 47 t€ |
| Cash and bank | 32 t€ | 21 t€ | 20 t€ | 32 t€ | 35 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 | |
|---|---|---|---|---|---|
| Turnover | 15 t€ | 26 t€ | 24 t€ | 36 t€ | 40 t€ |
| Other operating income | 16 t€ | 951 € | 1 076 € | 0 € | 806 € |
| Raw materials and services | 3 589 € | -5 893 € | -7 274 € | -14 t€ | -11 t€ |
| Personnel expenses | 10 t€ | -10 t€ | -12 t€ | -12 t€ | -12 t€ |
| Depreciations and reductions in value | 0 € | -1 437 € | -1 916 € | -2 017 € | -2 689 € |
| Other operating expenses | 6 907 € | -12 t€ | -9 307 € | -7 612 € | -8 108 € |
| Operating profit (loss) | 9 829 € | -1 764 € | -5 452 € | 1 027 € | 6 912 € |
| Financial income and expenses + (-) | 0 € | -52 € | -5 € | 0 € | 5 € |
| Profit (loss) before appropriations and taxes | 9 829 € | -1 816 € | -5 457 € | 1 027 € | 6 916 € |
| Income taxes | 515 € | 0 € | 0 € | -219 € | -607 € |
| Profit (loss) for the financial year | 9 314 € | -1 816 € | -5 457 € | 808 € | 6 309 € |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|---|---|
| Non-current assets | 151 € | 4 462 € | 5 898 € | 6 201 € | 8 218 € |
| Stocks | 5 793 € | 5 859 € | 6 277 € | 6 524 € | 6 904 € |
| Receivables | 759 € | 728 € | 3 298 € | 1 602 € | 605 € |
| Cash in hand and at banks | 32 t€ | 21 t€ | 20 t€ | 32 t€ | 35 t€ |
| Current assets | 39 t€ | 28 t€ | 30 t€ | 40 t€ | 42 t€ |
| Assets | 39 t€ | 32 t€ | 36 t€ | 46 t€ | 50 t€ |
| Share capital or other similar capital | 2 523 € | 2 523 € | 2 523 € | 2 523 € | 2 523 € |
| Capital and reserves | 38 t€ | 31 t€ | 35 t€ | 44 t€ | 47 t€ |
| Short-term liabilities | 1 236 € | 1 420 € | 540 € | 1 802 € | 3 105 € |
| Liabilities | 1 236 € | 1 420 € | 540 € | 1 802 € | 3 105 € |
All financial statement items (43)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|---|---|
| Turnover | 15 t€ | 26 t€ | 24 t€ | 36 t€ | 40 t€ |
| Other operating income | 16 t€ | 951 € | 1 076 € | 0 € | 806 € |
| Raw materials and services | 3 589 € | -5 893 € | -7 274 € | -14 t€ | -11 t€ |
| Personnel expenses | 10 t€ | -10 t€ | -12 t€ | -12 t€ | -12 t€ |
| Depreciations and reductions in value | 0 € | -1 437 € | -1 916 € | -2 017 € | -2 689 € |
| Other operating expenses | 6 907 € | -12 t€ | -9 307 € | -7 612 € | -8 108 € |
| Operating profit (loss) | 9 829 € | -1 764 € | -5 452 € | 1 027 € | 6 912 € |
| Financial income and expenses + (-) | 0 € | -52 € | -5 € | 0 € | 5 € |
| Profit (loss) before appropriations and taxes | 9 829 € | -1 816 € | -5 457 € | 1 027 € | 6 916 € |
| Income taxes | 515 € | 0 € | 0 € | -219 € | -607 € |
| Profit (loss) for the financial year | 9 314 € | -1 816 € | -5 457 € | 808 € | 6 309 € |
| Non-current assets | 151 € | 4 462 € | 5 898 € | 6 201 € | 8 218 € |
| Stocks | 5 793 € | 5 859 € | 6 277 € | 6 524 € | 6 904 € |
| Receivables | 759 € | 728 € | 3 298 € | 1 602 € | 605 € |
| Cash in hand and at banks | 32 t€ | 21 t€ | 20 t€ | 32 t€ | 35 t€ |
| Current assets | 39 t€ | 28 t€ | 30 t€ | 40 t€ | 42 t€ |
| Assets | 39 t€ | 32 t€ | 36 t€ | 46 t€ | 50 t€ |
| Share capital or other similar capital | 2 523 € | 2 523 € | 2 523 € | 2 523 € | 2 523 € |
| Capital and reserves | 38 t€ | 31 t€ | 35 t€ | 44 t€ | 47 t€ |
| Short-term liabilities | 1 236 € | 1 420 € | 540 € | 1 802 € | 3 105 € |
| Liabilities | 1 236 € | 1 420 € | 540 € | 1 802 € | 3 105 € |
| Investments | 151 € | 151 € | 151 € | 151 € | 151 € |
| Other short-term receivables | 0 € | 3 € | 2 307 € | 34 € | 71 € |
| Other current liabilities | 721 € | 1 420 € | 540 € | 1 506 € | 2 312 € |
| Retained earnings | 26 t€ | 30 t€ | 38 t€ | 41 t€ | 38 t€ |
| Short-term prepayments and accrued income | 759 € | 725 € | 891 € | 441 € | 374 € |
| Short-term accounts payable | – | – | 0 € | 77 € | 186 € |
| Short-term sales receivables | – | 0 € | 100 € | 1 128 € | 160 € |
| Purchases during the financial year | 3 523 € | -5 443 € | -6 891 € | -13 t€ | -10 t€ |
| Profit (loss) for the period, equity | 9 314 € | -1 816 € | -5 457 € | 808 € | 6 309 € |
| Short-term receivables | 759 € | 728 € | 3 298 € | 1 602 € | 605 € |
| Interest expenses and other financial expenses for non-Group companies | 0 € | -70 € | -5 € | 0 € | 0 € |
| Tangible assets | 0 € | 4 310 € | 5 747 € | 6 050 € | 8 066 € |
| Materials and supplies | 5 793 € | 5 859 € | 6 277 € | 6 524 € | 6 904 € |
| Wages and salaries | 10 t€ | -10 t€ | -12 t€ | -12 t€ | -12 t€ |
| Short-term accrued expenses and deferred income | 515 € | 0 € | 0 € | 219 € | 607 € |
| Liabilities | 39 t€ | 32 t€ | 36 t€ | 46 t€ | 50 t€ |
| Other interest and financial income from non-group companies | 0 € | 18 € | 0 € | 0 € | 5 € |
| Machinery and equipment | 0 € | 4 310 € | 5 747 € | 6 050 € | 8 066 € |
| Depreciations according to plan | 0 € | -1 437 € | -1 916 € | -2 017 € | -2 689 € |
| Services purchased | 0 € | -33 € | -136 € | -48 € | -145 € |
| Inventory increase (+) or decrease (-) | 66 € | -418 € | -248 € | -380 € | -921 € |
| Other shares and similar rights of ownership | 151 € | 151 € | 151 € | 151 € | 151 € |
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.