Kiinteistö Oy Vihannin Raitatie is a limited company based in Raahe, registered in 1992. In the financial year ending 31.5.2025, operating profit -114 €; equity ratio 98.6 %. Its taxable income in 2024 was 640 € and its income taxes 128 €.
Gross profit 20255 640 €-36 % on the previous year
Operating profit-114 €
Net profit-109 €EBITDA -2 532 €
Equity ratio98,6 %quick ratio 8,26
Taxable income 2024640 €
lower half of its industry
Income taxes 2024128 €4 924 € in 2020–2024
In business33 yrsregistered 18.11.1992
Financials
Gross profitOperating profitNet profit
| Key figures | 31.5.2025 | 31.5.2024 | 31.5.2023 | 31.5.2022 |
|---|---|---|---|---|
| Revenue change | -36,1 % | -38,5 % | -12,0 % | – |
| Gross profit | 5 640 € | 8 820 € | 14 t€ | 16 t€ |
| EBITDA | -2 532 € | 3 240 € | 8 676 € | 9 537 € |
| Operating profit | -114 € | 640 € | 5 929 € | 6 583 € |
| Net profit | -109 € | 509 € | 4 490 € | 3 447 € |
| Equity ratio | 98,6 % | 98,6 % | 95,9 % | 89,8 % |
| Quick ratio | 8,26 | 4,31 | 3,30 | 0,32 |
| Current ratio | 8,26 | 4,31 | 3,30 | 0,32 |
| Return on equity | -0,3 % | 1,2 % | 10,5 % | 9,0 % |
| Balance sheet total | 44 t€ | 44 t€ | 45 t€ | 43 t€ |
| Equity | 43 t€ | 43 t€ | 43 t€ | 38 t€ |
| Cash and bank | 3 478 € | 1 992 € | 1 198 € | 11 € |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.5.2025 | 31.5.2024 | 31.5.2023 | 31.5.2022 | |
|---|---|---|---|---|
| Gross profit or loss | 5 640 € | 8 820 € | 14 t€ | 16 t€ |
| Depreciations and reductions in value | 2 418 € | -2 600 € | -2 747 € | -2 954 € |
| Other operating expenses | 3 336 € | -5 580 € | -5 673 € | -6 777 € |
| Operating profit (loss) | -114 € | 640 € | 5 929 € | 6 583 € |
| Financial income and expenses + (-) | -5 € | -3 € | -263 € | -100 € |
| Profit (loss) before appropriations and taxes | -109 € | 637 € | 5 666 € | 6 482 € |
| Income taxes | 0 € | -128 € | -1 176 € | -3 036 € |
| Profit (loss) for the financial year | -109 € | 509 € | 4 490 € | 3 447 € |
Balance sheet
| 31.5.2025 | 31.5.2024 | 31.5.2023 | 31.5.2022 | |
|---|---|---|---|---|
| Non-current assets | 39 t€ | 41 t€ | 39 t€ | 41 t€ |
| Receivables | 1 414 € | 600 € | 4 903 € | 1 362 € |
| Cash in hand and at banks | 3 478 € | 1 992 € | 1 198 € | 11 € |
| Current assets | 4 892 € | 2 592 € | 6 101 € | 1 373 € |
| Assets | 44 t€ | 44 t€ | 45 t€ | 43 t€ |
| Share capital or other similar capital | 2 523 € | 2 523 € | 2 523 € | 2 523 € |
| Capital and reserves | 43 t€ | 43 t€ | 43 t€ | 38 t€ |
| Short-term liabilities | 592 € | 602 € | 1 848 € | 4 357 € |
| Liabilities | 592 € | 602 € | 1 848 € | 4 357 € |
All financial statement items (31)
| 31.5.2025 | 31.5.2024 | 31.5.2023 | 31.5.2022 | |
|---|---|---|---|---|
| Gross profit or loss | 5 640 € | 8 820 € | 14 t€ | 16 t€ |
| Depreciations and reductions in value | 2 418 € | -2 600 € | -2 747 € | -2 954 € |
| Other operating expenses | 3 336 € | -5 580 € | -5 673 € | -6 777 € |
| Operating profit (loss) | -114 € | 640 € | 5 929 € | 6 583 € |
| Financial income and expenses + (-) | -5 € | -3 € | -263 € | -100 € |
| Profit (loss) before appropriations and taxes | -109 € | 637 € | 5 666 € | 6 482 € |
| Income taxes | 0 € | -128 € | -1 176 € | -3 036 € |
| Profit (loss) for the financial year | -109 € | 509 € | 4 490 € | 3 447 € |
| Non-current assets | 39 t€ | 41 t€ | 39 t€ | 41 t€ |
| Receivables | 1 414 € | 600 € | 4 903 € | 1 362 € |
| Cash in hand and at banks | 3 478 € | 1 992 € | 1 198 € | 11 € |
| Current assets | 4 892 € | 2 592 € | 6 101 € | 1 373 € |
| Assets | 44 t€ | 44 t€ | 45 t€ | 43 t€ |
| Share capital or other similar capital | 2 523 € | 2 523 € | 2 523 € | 2 523 € |
| Capital and reserves | 43 t€ | 43 t€ | 43 t€ | 38 t€ |
| Short-term liabilities | 592 € | 602 € | 1 848 € | 4 357 € |
| Liabilities | 592 € | 602 € | 1 848 € | 4 357 € |
| Buildings and structures, Owned | 32 t€ | 35 t€ | 37 t€ | 39 t€ |
| Other current liabilities | 497 € | 476 € | 825 € | 3 094 € |
| Retained earnings | 41 t€ | 40 t€ | 36 t€ | 32 t€ |
| Short-term prepayments and accrued income | 1 414 € | 600 € | 4 903 € | 1 362 € |
| Short-term accounts payable | 73 € | 106 € | 418 € | 1 263 € |
| Profit (loss) for the period, equity | -109 € | 509 € | 4 490 € | 3 447 € |
| Short-term receivables | 1 414 € | 600 € | 4 903 € | 1 362 € |
| Interest expenses and other financial expenses for non-Group companies | 1 € | -8 € | -263 € | -100 € |
| Tangible assets | 39 t€ | 41 t€ | 39 t€ | 41 t€ |
| Short-term accrued expenses and deferred income | 22 € | 20 € | 605 € | 0 € |
| Liabilities | 44 t€ | 44 t€ | 45 t€ | 43 t€ |
| Other interest and financial income from non-group companies | 5 € | 4 € | 0 € | 0 € |
| Depreciations according to plan | 2 418 € | -2 600 € | -2 747 € | -2 954 € |
| Land and water areas, Owned | 6 743 € | 6 743 € | 2 018 € | 2 018 € |
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
Measured by taxable income, Kiinteistö Oy Vihannin Raitatie is in the lower half of the industry class rental and operating of own or leased non-residential real estate (6954 companies with taxable income; median 22 t€).
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.