Sjötrade Oy is a limited company based in Paimio, registered in 1993. In the financial year ending 31.3.2026, revenue was 91 t€ and operating profit 29 t€; equity ratio 77.2 %. Its taxable income in 2024 was 40 t€ and its income taxes 8 018 €.
Revenue 202691 t€+11 % on the previous year
Operating profit29 t€31,8 % of revenue
Net profit26 t€EBITDA 29 t€
Equity ratio77,2 %quick ratio 1,02
Taxable income 202440 t€
upper half of its industry
Income taxes 20248 018 €27 t€ in 2020–2024
In business33 yrsregistered 8.9.1993
Financials
RevenueOperating profitNet profit
| Key figures | 31.3.2026 | 31.3.2025 | 31.3.2024 | 31.3.2023 |
|---|---|---|---|---|
| Revenue | 91 t€ | 82 t€ | 93 t€ | 118 t€ |
| Revenue change | 10,7 % | -11,4 % | -21,1 % | – |
| EBITDA | 29 t€ | 28 t€ | 38 t€ | 35 t€ |
| EBITDA % | 31,6 % | 33,6 % | 41,0 % | 29,6 % |
| Operating profit | 29 t€ | 27 t€ | 38 t€ | 34 t€ |
| Operating margin | 31,8 % | 33,3 % | 40,7 % | 29,2 % |
| Net profit | 26 t€ | 22 t€ | 32 t€ | 30 t€ |
| Personnel costs | -44 t€ | 34 t€ | 37 t€ | 67 t€ |
| Equity ratio | 77,2 % | 80,7 % | 76,6 % | 71,4 % |
| Quick ratio | 1,02 | 0,72 | 1,52 | 1,18 |
| Current ratio | 1,02 | 0,72 | 1,52 | 1,18 |
| Debt to revenue | 46,8 % | 37,4 % | 37,2 % | 29,9 % |
| Return on equity | 18,2 % | 17,3 % | 28,6 % | 33,7 % |
| Balance sheet total | 187 t€ | 159 t€ | 148 t€ | 123 t€ |
| Equity | 144 t€ | 128 t€ | 113 t€ | 88 t€ |
| Cash and bank | 31 t€ | 9 756 € | 36 t€ | 18 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.3.2026 | 31.3.2025 | 31.3.2024 | 31.3.2023 | |
|---|---|---|---|---|
| Turnover | 91 t€ | 82 t€ | 93 t€ | 118 t€ |
| Raw materials and services | – | – | 0 € | -70 € |
| Personnel expenses | 44 t€ | -34 t€ | -37 t€ | -67 t€ |
| Depreciations and reductions in value | 199 € | -265 € | -354 € | -465 € |
| Other operating expenses | 18 t€ | -21 t€ | -18 t€ | -16 t€ |
| Operating profit (loss) | 29 t€ | 27 t€ | 38 t€ | 34 t€ |
| Financial income and expenses + (-) | -4 174 € | 419 € | 2 645 € | 2 643 € |
| Profit (loss) before appropriations and taxes | 33 t€ | 28 t€ | 40 t€ | 37 t€ |
| Income taxes | 6 894 € | -5 618 € | -8 016 € | -7 413 € |
| Profit (loss) for the financial year | 26 t€ | 22 t€ | 32 t€ | 30 t€ |
Balance sheet
| 31.3.2026 | 31.3.2025 | 31.3.2024 | 31.3.2023 | |
|---|---|---|---|---|
| Non-current assets | 143 t€ | 137 t€ | 95 t€ | 81 t€ |
| Receivables | 12 t€ | 12 t€ | 16 t€ | 24 t€ |
| Cash in hand and at banks | 31 t€ | 9 756 € | 36 t€ | 18 t€ |
| Current assets | 43 t€ | 22 t€ | 52 t€ | 42 t€ |
| Assets | 187 t€ | 159 t€ | 148 t€ | 123 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 144 t€ | 128 t€ | 113 t€ | 88 t€ |
| Short-term liabilities | 43 t€ | 31 t€ | 35 t€ | 35 t€ |
| Liabilities | 43 t€ | 31 t€ | 35 t€ | 35 t€ |
All financial statement items (47)
| 31.3.2026 | 31.3.2025 | 31.3.2024 | 31.3.2023 | |
|---|---|---|---|---|
| Turnover | 91 t€ | 82 t€ | 93 t€ | 118 t€ |
| Raw materials and services | – | – | 0 € | -70 € |
| Personnel expenses | 44 t€ | -34 t€ | -37 t€ | -67 t€ |
| Depreciations and reductions in value | 199 € | -265 € | -354 € | -465 € |
| Other operating expenses | 18 t€ | -21 t€ | -18 t€ | -16 t€ |
| Operating profit (loss) | 29 t€ | 27 t€ | 38 t€ | 34 t€ |
| Financial income and expenses + (-) | -4 174 € | 419 € | 2 645 € | 2 643 € |
| Profit (loss) before appropriations and taxes | 33 t€ | 28 t€ | 40 t€ | 37 t€ |
| Income taxes | 6 894 € | -5 618 € | -8 016 € | -7 413 € |
| Profit (loss) for the financial year | 26 t€ | 22 t€ | 32 t€ | 30 t€ |
| Non-current assets | 143 t€ | 137 t€ | 95 t€ | 81 t€ |
| Receivables | 12 t€ | 12 t€ | 16 t€ | 24 t€ |
| Cash in hand and at banks | 31 t€ | 9 756 € | 36 t€ | 18 t€ |
| Current assets | 43 t€ | 22 t€ | 52 t€ | 42 t€ |
| Assets | 187 t€ | 159 t€ | 148 t€ | 123 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 144 t€ | 128 t€ | 113 t€ | 88 t€ |
| Short-term liabilities | 43 t€ | 31 t€ | 35 t€ | 35 t€ |
| Liabilities | 43 t€ | 31 t€ | 35 t€ | 35 t€ |
| Reductions in value of shares and holdings in current assets | 0 € | -723 € | 1 192 € | 135 € |
| Reserve for invested non-restricted equity | 5 909 € | 5 909 € | 5 909 € | 5 909 € |
| Profit (loss) for the period, equity | 26 t€ | 22 t€ | 32 t€ | 30 t€ |
| Machinery and equipment | 597 € | 796 € | 1 061 € | 1 415 € |
| Impairment on investments for non-current assets | 1 271 € | 0 € | – | – |
| Other shares and similar rights of ownership | 138 t€ | 131 t€ | 89 t€ | 75 t€ |
| Pension expenses | 11 t€ | -13 t€ | -10 t€ | -13 t€ |
| Short-term loan receivables | – | 0 € | 2 500 € | 2 500 € |
| Short-term accounts payable | – | 0 € | 53 € | 104 € |
| Short-term prepayments and accrued income | 1 054 € | 1 999 € | 185 € | 1 662 € |
| Liabilities | 187 t€ | 159 t€ | 148 t€ | 123 t€ |
| Short-term accrued expenses and deferred income | 27 t€ | 13 t€ | 21 t€ | 14 t€ |
| Short-term sales receivables | 11 t€ | 10 t€ | 8 757 € | 13 t€ |
| Interest expenses and other financial expenses for non-Group companies | 100 € | -2 751 € | -99 € | -60 € |
| Other current liabilities | 15 t€ | 18 t€ | 13 t€ | 21 t€ |
| Short-term receivables | 12 t€ | 12 t€ | 16 t€ | 24 t€ |
| Other short-term receivables | 32 € | 0 € | 4 658 € | 7 319 € |
| Income from other investments under non-current assets, from other companies | 5 498 € | 3 813 € | 1 514 € | 0 € |
| Retained earnings | 110 t€ | 98 t€ | 72 t€ | 50 t€ |
| Other tangible assets | 4 888 € | 4 888 € | 4 888 € | 4 888 € |
| Investments | 138 t€ | 131 t€ | 89 t€ | 75 t€ |
| Depreciations according to plan | 199 € | -265 € | -354 € | -465 € |
| Tangible assets | 5 486 € | 5 685 € | 5 950 € | 6 304 € |
| Services purchased | – | – | 0 € | -50 € |
| Purchases during the financial year | – | – | 0 € | -20 € |
| Other interest and financial income from non-group companies | 46 € | 80 € | 38 € | 2 568 € |
| Other social security expenses | 1 602 € | -757 € | -1 075 € | -1 590 € |
| Wages and salaries | 31 t€ | -20 t€ | -25 t€ | -52 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
Measured by taxable income, Sjötrade Oy is in the upper half of the industry class all other miscellaneous professional, scientific and technical activities n.e.c. (794 companies with taxable income; median 13 t€, 3,1 times the median).
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.