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QP-Quality Partners Oy

Limited company, Espoo. Retail sale of kitchen and sanitary fixtures.

QP-Quality Partners Oy is a limited company based in Espoo, registered in 1992. In the financial year ending 30.11.2025, revenue was 249 t€ and operating profit -3 753 €; equity ratio 84.0 %. Public buyers bought 27 t€ from it in 2023–2024; the largest buyer is Stara-liikelaitos, Helsinki (Helsinki).

Revenue 2025249 t€-25 % on the previous year
Operating profit-3 753 €-1,5 % of revenue
Net profit-210 €EBITDA -5 508 €
Equity ratio84,0 %quick ratio 5,65
Taxable income 20240 € profit as taxed
Income taxes 20240 €9 153 € in 2020–2024
In business33 yrsregistered 18.11.1992
Sales to public buyers27 t€2023–2024

Financials

369 t€332 t€249 t€249 t€-1 485 €-9 099 €-3 753 €-1 171 €-13 t€-210 €2023-112024-112025-11
RevenueOperating profitNet profit
Key figures30.11.202530.11.202430.11.2023
Revenue249 t€332 t€369 t€
Revenue change-24,9 %-10,0 %–
EBITDA-5 508 €-6 760 €1 634 €
EBITDA %-2,2 %-2,0 %0,4 %
Operating profit-3 753 €-9 099 €-1 485 €
Operating margin-1,5 %-2,7 %-0,4 %
Net profit-210 €-13 t€-1 171 €
Personnel costs-26 t€31 t€26 t€
Equity ratio84,0 %78,8 %78,2 %
Quick ratio5,653,904,01
Current ratio5,653,904,01
Debt to revenue3,4 %3,7 %4,4 %
Return on equity-0,5 %-29,7 %-2,0 %
Balance sheet total54 t€58 t€75 t€
Equity45 t€45 t€59 t€
Cash and bank38 t€44 t€50 t€

Balance sheet

75 t€58 t€54 t€54 t€59 t€45 t€45 t€50 t€44 t€38 t€2023-112024-112025-11
Balance sheet totalEquityCash
Income statement and balance sheet

Income statement

30.11.202530.11.202430.11.2023
Turnover249 t€332 t€369 t€
Raw materials and services188 t€-255 t€-293 t€
Personnel expenses26 t€-31 t€-26 t€
Depreciations and reductions in value1 755 €-2 339 €-3 119 €
Other operating expenses37 t€-52 t€-49 t€
Operating profit (loss)-3 753 €-9 099 €-1 485 €
Financial income and expenses + (-)199 €-222 €573 €
Profit (loss) before appropriations and taxes-3 952 €-9 322 €-912 €
Income taxes-3 742 €-4 096 €-260 €
Profit (loss) for the financial year-210 €-13 t€-1 171 €

Balance sheet

30.11.202530.11.202430.11.2023
Non-current assets5 264 €7 018 €9 357 €
Receivables11 t€7 217 €16 t€
Cash in hand and at banks38 t€44 t€50 t€
Current assets48 t€51 t€66 t€
Assets54 t€58 t€75 t€
Share capital or other similar capital8 628 €8 628 €8 628 €
Capital and reserves45 t€45 t€59 t€
Short-term liabilities8 551 €13 t€16 t€
Liabilities8 551 €13 t€16 t€
All financial statement items (40)
30.11.202530.11.202430.11.2023
Turnover249 t€332 t€369 t€
Raw materials and services188 t€-255 t€-293 t€
Personnel expenses26 t€-31 t€-26 t€
Depreciations and reductions in value1 755 €-2 339 €-3 119 €
Other operating expenses37 t€-52 t€-49 t€
Operating profit (loss)-3 753 €-9 099 €-1 485 €
Financial income and expenses + (-)199 €-222 €573 €
Profit (loss) before appropriations and taxes-3 952 €-9 322 €-912 €
Income taxes-3 742 €-4 096 €-260 €
Profit (loss) for the financial year-210 €-13 t€-1 171 €
Non-current assets5 264 €7 018 €9 357 €
Receivables11 t€7 217 €16 t€
Cash in hand and at banks38 t€44 t€50 t€
Current assets48 t€51 t€66 t€
Assets54 t€58 t€75 t€
Share capital or other similar capital8 628 €8 628 €8 628 €
Capital and reserves45 t€45 t€59 t€
Short-term liabilities8 551 €13 t€16 t€
Liabilities8 551 €13 t€16 t€
Wages and salaries17 t€-23 t€-20 t€
Short-term sales receivables9 848 €2 908 €3 523 €
Short-term receivables11 t€7 217 €16 t€
Pension expenses5 572 €-4 420 €-4 210 €
Liabilities54 t€58 t€75 t€
Machinery and equipment5 264 €7 018 €9 357 €
Purchases during the financial year158 t€-210 t€-263 t€
Short-term accounts payable3 163 €3 584 €14 t€
Tangible assets5 264 €7 018 €9 357 €
Short-term accrued expenses and deferred income–0 €1 722 €
Other social security expenses3 153 €-4 172 €-1 171 €
Profit (loss) for the period, equity-210 €-13 t€-1 171 €
Services purchased30 t€-45 t€-30 t€
Other interest and financial income from non-group companies9 €83 €652 €
Other short-term receivables160 €1 545 €4 010 €
Depreciations according to plan1 755 €-2 339 €-3 119 €
Short-term advances received0 €1 008 €0 €
Interest expenses and other financial expenses for non-Group companies209 €-305 €-79 €
Other current liabilities5 388 €8 596 €460 €
Retained earnings37 t€50 t€51 t€
Short-term prepayments and accrued income557 €2 765 €8 580 €

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

0 €29 t€16 t€0 €0 €0 €20202021202220232024

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

17 t€9 624 €9 624 €20232024

Largest buyers

  • Stara-liikelaitos, Helsinki Helsinki27 t€

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