Oy Relix Ltd Finland is a limited company based in Kotka, registered in 1993. In the financial year ending 31.12.2025, revenue was 1,3 M€ and operating profit 6 661 €; equity ratio 24.0 %. Public buyers bought 240 € from it in 2025–2025; the largest buyer is Museovirasto (Opetus- ja kulttuuriministeriön hallinnonala).
Revenue 20251,3 M€+24 % on the previous year
Operating profit6 661 €0,5 % of revenue
Net profit-2 090 €EBITDA -24 t€
Equity ratio24,0 %quick ratio 0,69
Taxable income 20240 €
profit as taxed
Income taxes 2024100 €100 € in 2020–2024
In business33 yrsregistered 7.7.1993
Sales to public buyers240 €2025–2025
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 |
|---|---|---|---|---|---|
| Revenue | 1,3 M€ | 1,0 M€ | 1,2 M€ | 1,0 M€ | 971 t€ |
| Revenue change | 23,9 % | -13,9 % | 14,2 % | 5,7 % | – |
| EBITDA | -24 t€ | 61 t€ | 5 € | 35 t€ | -1 626 € |
| EBITDA % | -1,9 % | 6,0 % | 0,0 % | 3,4 % | -0,2 % |
| Operating profit | 6 661 € | 33 t€ | -20 t€ | 7 957 € | -30 t€ |
| Operating margin | 0,5 % | 3,3 % | -1,7 % | 0,8 % | -3,1 % |
| Net profit | -2 090 € | 26 t€ | -25 t€ | -343 € | -38 t€ |
| Personnel costs | -618 t€ | 447 t€ | 580 t€ | 573 t€ | 490 t€ |
| Equity ratio | 24,0 % | 30,5 % | 14,6 % | 21,4 % | 24,8 % |
| Quick ratio | 0,69 | 0,90 | 0,64 | 0,70 | 0,41 |
| Current ratio | 0,69 | 0,90 | 0,64 | 0,70 | 0,41 |
| Debt to revenue | 24,9 % | 22,6 % | 21,9 % | 24,8 % | 21,7 % |
| Return on equity | -2,1 % | 26,1 % | -57,4 % | -0,5 % | -54,1 % |
| Balance sheet total | 409 t€ | 328 t€ | 301 t€ | 324 t€ | 280 t€ |
| Equity | 98 t€ | 100 t€ | 44 t€ | 69 t€ | 70 t€ |
| Cash and bank | 125 t€ | 79 t€ | 99 t€ | 2 225 € | 37 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 | 1,3 M€ | 1,0 M€ | 1,2 M€ | 1,0 M€ | 971 t€ |
| Other operating income | 7 200 € | 7 200 € | 5 700 € | 21 t€ | 8 976 € |
| Raw materials and services | 432 t€ | -348 t€ | -353 t€ | -287 t€ | -308 t€ |
| Personnel expenses | 618 t€ | -447 t€ | -580 t€ | -573 t€ | -490 t€ |
| Depreciations and reductions in value | 31 t€ | -28 t€ | -20 t€ | -27 t€ | -28 t€ |
| Other operating expenses | 171 t€ | -160 t€ | -246 t€ | -154 t€ | -184 t€ |
| Operating profit (loss) | 6 661 € | 33 t€ | -20 t€ | 7 957 € | -30 t€ |
| Financial income and expenses + (-) | 8 751 € | -7 055 € | -4 816 € | -8 301 € | -7 922 € |
| Profit (loss) before appropriations and taxes | -2 090 € | 26 t€ | -25 t€ | -343 € | -38 t€ |
| Profit (loss) for the financial year | -2 090 € | 26 t€ | -25 t€ | -343 € | -38 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|---|---|
| Non-current assets | 242 t€ | 165 t€ | 145 t€ | 165 t€ | 212 t€ |
| Receivables | 42 t€ | 84 t€ | 57 t€ | 156 t€ | 32 t€ |
| Cash in hand and at banks | 125 t€ | 79 t€ | 99 t€ | 2 225 € | 37 t€ |
| Current assets | 167 t€ | 163 t€ | 156 t€ | 158 t€ | 69 t€ |
| Assets | 409 t€ | 328 t€ | 301 t€ | 324 t€ | 280 t€ |
| Share capital or other similar capital | 8 073 € | 8 073 € | 8 073 € | 8 073 € | 8 073 € |
| Capital and reserves | 98 t€ | 100 t€ | 44 t€ | 69 t€ | 70 t€ |
| Long-term liabilities | 69 t€ | 48 t€ | 15 t€ | 27 t€ | 45 t€ |
| Short-term liabilities | 242 t€ | 180 t€ | 242 t€ | 228 t€ | 166 t€ |
| Liabilities | 311 t€ | 228 t€ | 257 t€ | 254 t€ | 211 t€ |
All financial statement items (52)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|---|---|
| Turnover | 1,3 M€ | 1,0 M€ | 1,2 M€ | 1,0 M€ | 971 t€ |
| Other operating income | 7 200 € | 7 200 € | 5 700 € | 21 t€ | 8 976 € |
| Raw materials and services | 432 t€ | -348 t€ | -353 t€ | -287 t€ | -308 t€ |
| Personnel expenses | 618 t€ | -447 t€ | -580 t€ | -573 t€ | -490 t€ |
| Depreciations and reductions in value | 31 t€ | -28 t€ | -20 t€ | -27 t€ | -28 t€ |
| Other operating expenses | 171 t€ | -160 t€ | -246 t€ | -154 t€ | -184 t€ |
| Operating profit (loss) | 6 661 € | 33 t€ | -20 t€ | 7 957 € | -30 t€ |
| Financial income and expenses + (-) | 8 751 € | -7 055 € | -4 816 € | -8 301 € | -7 922 € |
| Profit (loss) before appropriations and taxes | -2 090 € | 26 t€ | -25 t€ | -343 € | -38 t€ |
| Profit (loss) for the financial year | -2 090 € | 26 t€ | -25 t€ | -343 € | -38 t€ |
| Non-current assets | 242 t€ | 165 t€ | 145 t€ | 165 t€ | 212 t€ |
| Receivables | 42 t€ | 84 t€ | 57 t€ | 156 t€ | 32 t€ |
| Cash in hand and at banks | 125 t€ | 79 t€ | 99 t€ | 2 225 € | 37 t€ |
| Current assets | 167 t€ | 163 t€ | 156 t€ | 158 t€ | 69 t€ |
| Assets | 409 t€ | 328 t€ | 301 t€ | 324 t€ | 280 t€ |
| Share capital or other similar capital | 8 073 € | 8 073 € | 8 073 € | 8 073 € | 8 073 € |
| Capital and reserves | 98 t€ | 100 t€ | 44 t€ | 69 t€ | 70 t€ |
| Long-term liabilities | 69 t€ | 48 t€ | 15 t€ | 27 t€ | 45 t€ |
| Short-term liabilities | 242 t€ | 180 t€ | 242 t€ | 228 t€ | 166 t€ |
| Liabilities | 311 t€ | 228 t€ | 257 t€ | 254 t€ | 211 t€ |
| Wages and salaries | 484 t€ | -364 t€ | -487 t€ | -480 t€ | -418 t€ |
| Buildings and structures, Owned | 33 t€ | 36 t€ | 38 t€ | 40 t€ | 43 t€ |
| Short-term sales receivables | 39 t€ | 81 t€ | 53 t€ | 155 t€ | 29 t€ |
| Short-term receivables | 42 t€ | 84 t€ | 57 t€ | 155 t€ | 31 t€ |
| Pension expenses | 74 t€ | -65 t€ | -83 t€ | -73 t€ | -50 t€ |
| Liabilities | 409 t€ | 328 t€ | 301 t€ | 324 t€ | 280 t€ |
| Machinery and equipment | 86 t€ | 77 t€ | 54 t€ | 72 t€ | 76 t€ |
| Income from other investments under non-current assets, from other companies | – | 0 € | 2 000 € | – | – |
| Long-term accounts payable | 69 t€ | 48 t€ | 15 t€ | 22 t€ | 30 t€ |
| Short-term liabilities to credit institutions | – | 0 € | 12 t€ | 40 t€ | 18 t€ |
| Purchases during the financial year | 311 t€ | -289 t€ | -274 t€ | -215 t€ | -231 t€ |
| Reserve for invested non-restricted equity | 90 t€ | 90 t€ | 60 t€ | 60 t€ | 60 t€ |
| Other long-term receivables | – | – | – | 1 194 € | 1 194 € |
| Short-term accounts payable | 59 t€ | 54 t€ | 65 t€ | 43 t€ | 35 t€ |
| Shares in participating interest company | 96 t€ | 26 t€ | 26 t€ | 26 t€ | 66 t€ |
| Tangible assets | 119 t€ | 112 t€ | 92 t€ | 112 t€ | 119 t€ |
| Short-term accrued expenses and deferred income | 123 t€ | 96 t€ | 105 t€ | 116 t€ | 95 t€ |
| Investments | 123 t€ | 53 t€ | 53 t€ | 53 t€ | 93 t€ |
| Other social security expenses | 60 t€ | -19 t€ | -9 758 € | -19 t€ | -22 t€ |
| Long-term liabilities to credit institutions | – | – | – | 4 193 € | 15 t€ |
| Profit (loss) for the period, equity | -2 090 € | 26 t€ | -25 t€ | -343 € | -38 t€ |
| Services purchased | 121 t€ | -60 t€ | -78 t€ | -73 t€ | -77 t€ |
| Other interest and financial income from non-group companies | 11 € | 19 € | 0 € | 15 € | 76 € |
| Other short-term receivables | 0 € | 1 € | 4 234 € | – | – |
| Depreciations according to plan | 31 t€ | -28 t€ | -20 t€ | -27 t€ | -28 t€ |
| Long-term receivables | – | – | – | 1 194 € | 1 194 € |
| Other shares and similar rights of ownership | 27 t€ | 27 t€ | 27 t€ | 27 t€ | 27 t€ |
| Short-term advances received | – | 0 € | 173 € | – | – |
| Interest expenses and other financial expenses for non-Group companies | 8 762 € | -7 074 € | -6 816 € | -8 316 € | -7 998 € |
| Other current liabilities | 60 t€ | 30 t€ | 59 t€ | 29 t€ | 19 t€ |
| Retained earnings | 2 029 € | -24 t€ | 1 177 € | 1 521 € | 39 t€ |
| Short-term prepayments and accrued income | 2 501 € | 2 555 € | 0 € | 200 € | 1 547 € |
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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