Paino-Kaarina Oy is a limited company based in Kaarina, registered in 1993. In the financial year ending 30.4.2026, revenue was 1,2 M€ and operating profit 36 t€; equity ratio 71.1 %. Public buyers bought 4 001 € from it in 2023–2026; the largest buyer is Rikosseuraamuslaitos (Oikeusministeriön hallinnonala). It has won 1 public contracts in EU procurement notices.
Revenue 20261,2 M€+3 % on the previous year
Operating profit36 t€3,1 % of revenue
Net profit33 t€EBITDA -14 t€
Equity ratio71,1 %quick ratio 2,30
Taxable income 20240 €
-100 % on the previous year
Income taxes 20240 €9 311 € in 2020–2024
In business33 yrsregistered 17.3.1993
Sales to public buyers4 001 €2023–2026
Contracts won11,6 M€ in total
Financials
RevenueOperating profitNet profit
| Key figures | 30.4.2026 | 30.4.2025 | 30.4.2024 | 30.4.2023 | 30.4.2022 | 30.4.2021 |
|---|---|---|---|---|---|---|
| Revenue | 1,2 M€ | 1,1 M€ | 1,1 M€ | 1,3 M€ | 1,0 M€ | 906 t€ |
| Revenue change | 3,3 % | 5,9 % | -16,9 % | 22,9 % | 13,9 % | – |
| EBITDA | -14 t€ | 42 t€ | -33 t€ | 124 t€ | 75 t€ | 99 t€ |
| EBITDA % | -1,2 % | 3,8 % | -3,1 % | 9,7 % | 7,2 % | 11,0 % |
| Operating profit | 36 t€ | -14 t€ | -97 t€ | 221 € | -60 t€ | -46 t€ |
| Operating margin | 3,1 % | -1,3 % | -9,2 % | 0,0 % | -5,8 % | -5,1 % |
| Net profit | 33 t€ | 11 t€ | -53 t€ | 59 t€ | 158 € | -15 t€ |
| Personnel costs | -417 t€ | 423 t€ | 411 t€ | 401 t€ | 388 t€ | 382 t€ |
| Equity ratio | 71,1 % | 69,3 % | 70,0 % | 70,0 % | 66,9 % | 64,0 % |
| Quick ratio | 2,30 | 1,85 | 1,58 | 1,20 | 0,92 | 0,94 |
| Current ratio | 2,77 | 2,35 | 2,04 | 1,72 | 1,38 | 1,30 |
| Debt to revenue | 12,3 % | 12,6 % | 13,5 % | 14,7 % | 22,7 % | 33,4 % |
| Return on equity | 9,5 % | 3,4 % | -17,3 % | 15,2 % | 0,0 % | -4,1 % |
| Balance sheet total | 492 t€ | 457 t€ | 473 t€ | 623 t€ | 710 t€ | 840 t€ |
| Equity | 350 t€ | 317 t€ | 306 t€ | 387 t€ | 357 t€ | 357 t€ |
| Cash and bank | 211 t€ | 157 t€ | 142 t€ | 78 t€ | 81 t€ | 114 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 30.4.2026 | 30.4.2025 | 30.4.2024 | 30.4.2023 | 30.4.2022 | 30.4.2021 | |
|---|---|---|---|---|---|---|
| Turnover | 1,2 M€ | 1,1 M€ | 1,1 M€ | 1,3 M€ | 1,0 M€ | 906 t€ |
| Other operating income | 62 € | 0 € | 446 € | 20 t€ | 5 290 € | 63 t€ |
| Raw materials and services | 405 t€ | -403 t€ | -418 t€ | -494 t€ | -374 t€ | -297 t€ |
| Personnel expenses | 417 t€ | -423 t€ | -411 t€ | -401 t€ | -388 t€ | -382 t€ |
| Depreciations and reductions in value | 50 t€ | -57 t€ | -65 t€ | -123 t€ | -135 t€ | -145 t€ |
| Other operating expenses | 246 t€ | -249 t€ | -259 t€ | -270 t€ | -200 t€ | -190 t€ |
| Operating profit (loss) | 36 t€ | -14 t€ | -97 t€ | 221 € | -60 t€ | -46 t€ |
| Financial income and expenses + (-) | -7 € | -19 € | 22 t€ | -1 308 € | -2 259 € | -3 492 € |
| Profit (loss) before appropriations and taxes | 36 t€ | -14 t€ | -76 t€ | -1 088 € | -63 t€ | -50 t€ |
| Income taxes | 2 957 € | 0 € | -44 € | -9 267 € | 0 € | – |
| Profit (loss) for the financial year | 33 t€ | 11 t€ | -53 t€ | 59 t€ | 158 € | -15 t€ |
Balance sheet
| 30.4.2026 | 30.4.2025 | 30.4.2024 | 30.4.2023 | 30.4.2022 | 30.4.2021 | |
|---|---|---|---|---|---|---|
| Non-current assets | 98 t€ | 127 t€ | 184 t€ | 311 t€ | 435 t€ | 567 t€ |
| Stocks | 67 t€ | 70 t€ | 65 t€ | 93 t€ | 92 t€ | 76 t€ |
| Receivables | 115 t€ | 103 t€ | 83 t€ | 141 t€ | 102 t€ | 83 t€ |
| Cash in hand and at banks | 211 t€ | 157 t€ | 142 t€ | 78 t€ | 81 t€ | 114 t€ |
| Current assets | 394 t€ | 330 t€ | 290 t€ | 311 t€ | 275 t€ | 273 t€ |
| Assets | 492 t€ | 457 t€ | 473 t€ | 623 t€ | 710 t€ | 840 t€ |
| Share capital or other similar capital | 27 t€ | 27 t€ | 27 t€ | 27 t€ | 27 t€ | 27 t€ |
| Capital and reserves | 350 t€ | 317 t€ | 306 t€ | 387 t€ | 357 t€ | 357 t€ |
| Appropriations | 0 € | 362 € | 26 t€ | 48 t€ | 118 t€ | 180 t€ |
| Long-term liabilities | – | – | 0 € | 5 039 € | 35 t€ | 94 t€ |
| Short-term liabilities | 142 t€ | 140 t€ | 142 t€ | 182 t€ | 200 t€ | 209 t€ |
| Liabilities | 142 t€ | 140 t€ | 142 t€ | 187 t€ | 235 t€ | 303 t€ |
All financial statement items (53)
| 30.4.2026 | 30.4.2025 | 30.4.2024 | 30.4.2023 | 30.4.2022 | 30.4.2021 | |
|---|---|---|---|---|---|---|
| Turnover | 1,2 M€ | 1,1 M€ | 1,1 M€ | 1,3 M€ | 1,0 M€ | 906 t€ |
| Other operating income | 62 € | 0 € | 446 € | 20 t€ | 5 290 € | 63 t€ |
| Raw materials and services | 405 t€ | -403 t€ | -418 t€ | -494 t€ | -374 t€ | -297 t€ |
| Personnel expenses | 417 t€ | -423 t€ | -411 t€ | -401 t€ | -388 t€ | -382 t€ |
| Depreciations and reductions in value | 50 t€ | -57 t€ | -65 t€ | -123 t€ | -135 t€ | -145 t€ |
| Other operating expenses | 246 t€ | -249 t€ | -259 t€ | -270 t€ | -200 t€ | -190 t€ |
| Operating profit (loss) | 36 t€ | -14 t€ | -97 t€ | 221 € | -60 t€ | -46 t€ |
| Financial income and expenses + (-) | -7 € | -19 € | 22 t€ | -1 308 € | -2 259 € | -3 492 € |
| Profit (loss) before appropriations and taxes | 36 t€ | -14 t€ | -76 t€ | -1 088 € | -63 t€ | -50 t€ |
| Income taxes | 2 957 € | 0 € | -44 € | -9 267 € | 0 € | – |
| Profit (loss) for the financial year | 33 t€ | 11 t€ | -53 t€ | 59 t€ | 158 € | -15 t€ |
| Non-current assets | 98 t€ | 127 t€ | 184 t€ | 311 t€ | 435 t€ | 567 t€ |
| Stocks | 67 t€ | 70 t€ | 65 t€ | 93 t€ | 92 t€ | 76 t€ |
| Receivables | 115 t€ | 103 t€ | 83 t€ | 141 t€ | 102 t€ | 83 t€ |
| Cash in hand and at banks | 211 t€ | 157 t€ | 142 t€ | 78 t€ | 81 t€ | 114 t€ |
| Current assets | 394 t€ | 330 t€ | 290 t€ | 311 t€ | 275 t€ | 273 t€ |
| Assets | 492 t€ | 457 t€ | 473 t€ | 623 t€ | 710 t€ | 840 t€ |
| Share capital or other similar capital | 27 t€ | 27 t€ | 27 t€ | 27 t€ | 27 t€ | 27 t€ |
| Capital and reserves | 350 t€ | 317 t€ | 306 t€ | 387 t€ | 357 t€ | 357 t€ |
| Appropriations | 0 € | 362 € | 26 t€ | 48 t€ | 118 t€ | 180 t€ |
| Long-term liabilities | – | – | 0 € | 5 039 € | 35 t€ | 94 t€ |
| Short-term liabilities | 142 t€ | 140 t€ | 142 t€ | 182 t€ | 200 t€ | 209 t€ |
| Liabilities | 142 t€ | 140 t€ | 142 t€ | 187 t€ | 235 t€ | 303 t€ |
| Retained earnings | 290 t€ | 279 t€ | 332 t€ | 302 t€ | 330 t€ | 345 t€ |
| Tangible assets | 66 t€ | 95 t€ | 152 t€ | 211 t€ | 335 t€ | 467 t€ |
| Short-term liabilities to credit institutions | – | 0 € | 5 034 € | 30 t€ | 59 t€ | 68 t€ |
| Investments | 32 t€ | 32 t€ | 32 t€ | 100 t€ | 100 t€ | 100 t€ |
| Wages and salaries | 325 t€ | -329 t€ | -322 t€ | -333 t€ | -322 t€ | -320 t€ |
| Other short-term receivables | 0 € | 829 € | 3 081 € | 17 t€ | 2 465 € | 5 € |
| Materials and supplies | 67 t€ | 70 t€ | 65 t€ | 93 t€ | 92 t€ | 76 t€ |
| Liabilities | 492 t€ | 457 t€ | 473 t€ | 623 t€ | 710 t€ | 840 t€ |
| Inventory increase (+) or decrease (-) | 3 014 € | 5 519 € | -28 t€ | 977 € | 16 t€ | 725 € |
| Depreciation difference | 0 € | 362 € | 26 t€ | 48 t€ | 118 t€ | 180 t€ |
| Machinery and equipment | 66 t€ | 95 t€ | 152 t€ | 211 t€ | 335 t€ | 467 t€ |
| Services purchased | 86 t€ | -72 t€ | -90 t€ | -105 t€ | -101 t€ | -73 t€ |
| Short-term sales receivables | 109 t€ | 97 t€ | 75 t€ | 118 t€ | 90 t€ | 68 t€ |
| Short-term accounts payable | 54 t€ | 29 t€ | 18 t€ | 35 t€ | 43 t€ | 38 t€ |
| Short-term prepayments and accrued income | 6 100 € | 4 876 € | 5 056 € | 5 301 € | 9 549 € | 13 t€ |
| Other shares and similar rights of ownership | 32 t€ | 32 t€ | 32 t€ | 100 t€ | 100 t€ | 100 t€ |
| Short-term accrued expenses and deferred income | 71 t€ | 73 t€ | 70 t€ | 81 t€ | 70 t€ | 70 t€ |
| Short-term receivables | 115 t€ | 103 t€ | 83 t€ | 141 t€ | 102 t€ | 83 t€ |
| Increase (decrease) in deprecation difference | -362 € | 25 t€ | 23 t€ | 69 t€ | 63 t€ | 35 t€ |
| Short-term loan receivables | – | – | – | – | 0 € | 2 289 € |
| Other current liabilities | 17 t€ | 38 t€ | 49 t€ | 36 t€ | 29 t€ | 32 t€ |
| Other social security expenses | 11 t€ | -10 t€ | -11 t€ | -12 t€ | -12 t€ | -12 t€ |
| Profit (loss) for the period, equity | 33 t€ | 11 t€ | -53 t€ | 59 t€ | 158 € | -15 t€ |
| Other interest and financial income from non-group companies | 12 € | 19 € | 5 € | 0 € | 0 € | 130 € |
| Interest expenses and other financial expenses for non-Group companies | 5 € | -37 € | -571 € | -1 308 € | -2 259 € | -3 622 € |
| Purchases during the financial year | 317 t€ | -336 t€ | -300 t€ | -390 t€ | -290 t€ | -225 t€ |
| Income from other investments under non-current assets, from other companies | – | 0 € | 22 t€ | 0 € | – | – |
| Depreciations according to plan | 50 t€ | -57 t€ | -65 t€ | -123 t€ | -135 t€ | -145 t€ |
| Long-term liabilities to credit institutions | – | – | 0 € | 5 039 € | 35 t€ | 94 t€ |
| Pension expenses | 81 t€ | -84 t€ | -79 t€ | -56 t€ | -53 t€ | -51 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).
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
Public contracts won
- Sopimus - Painopalvelut Turun yliopistoTurun yliopisto1,6 M€
Free monthly list: Kaarina
Once a month by email: new leads in this municipality and its neighbours, the month's figures and the full list. No charge, no commitment, cancel any time.
Follow companies in your area
New companies, bankruptcies and changes of CEO and property manager in the areas and industries you choose, by email. 14-day free trial, cancel any time.
Try for free