Finn-Terät Oy is a limited company based in Nokia, registered in 1993. In the financial year ending 31.7.2021, revenue was 374 t€ and operating profit 31 t€; equity ratio 88.3 %. Public buyers bought 1 667 € from it in 2022–2023; the largest buyer is Tekniikka Ja Luonnontieteet (Tampereen yliopisto).
Financials
| Key figures | 31.7.2021 | 31.7.2020 |
|---|---|---|
| Revenue | 374 t€ | 377 t€ |
| Revenue change | -0,8 % | – |
| EBITDA | 46 t€ | 63 t€ |
| EBITDA % | 12,2 % | 16,8 % |
| Operating profit | 31 t€ | 46 t€ |
| Operating margin | 8,2 % | 12,2 % |
| Net profit | 24 t€ | 36 t€ |
| Personnel costs | 108 t€ | 98 t€ |
| Equity ratio | 88,3 % | 91,6 % |
| Quick ratio | 5,72 | 10,42 |
| Current ratio | 7,43 | 13,43 |
| Debt to revenue | 16,0 % | 10,8 % |
| Return on equity | 5,3 % | 8,1 % |
| Balance sheet total | 509 t€ | 485 t€ |
| Equity | 450 t€ | 444 t€ |
| Cash and bank | 61 t€ | 47 t€ |
Balance sheet
Income statement and balance sheet
Income statement
| 31.7.2021 | 31.7.2020 | |
|---|---|---|
| Turnover | 374 t€ | 377 t€ |
| Other operating income | 5 880 € | 5 999 € |
| Raw materials and services | -203 t€ | -185 t€ |
| Personnel expenses | -108 t€ | -98 t€ |
| Depreciations and reductions in value | -15 t€ | -17 t€ |
| Other operating expenses | -31 t€ | -36 t€ |
| Operating profit (loss) | 31 t€ | 46 t€ |
| Financial income and expenses + (-) | -816 € | -1 271 € |
| Profit (loss) before appropriations and taxes | 30 t€ | 45 t€ |
| Income taxes | -5 968 € | -9 016 € |
| Profit (loss) for the financial year | 24 t€ | 36 t€ |
Balance sheet
| 31.7.2021 | 31.7.2020 | |
|---|---|---|
| Non-current assets | 105 t€ | 117 t€ |
| Stocks | 93 t€ | 82 t€ |
| Receivables | 250 t€ | 238 t€ |
| Cash in hand and at banks | 61 t€ | 47 t€ |
| Current assets | 404 t€ | 367 t€ |
| Assets | 509 t€ | 485 t€ |
| Share capital or other similar capital | 2 523 € | 2 523 € |
| Capital and reserves | 450 t€ | 444 t€ |
| Long-term liabilities | 5 397 € | 13 t€ |
| Short-term liabilities | 54 t€ | 27 t€ |
| Liabilities | 60 t€ | 41 t€ |
All financial statement items (51)
| 31.7.2021 | 31.7.2020 | |
|---|---|---|
| Turnover | 374 t€ | 377 t€ |
| Other operating income | 5 880 € | 5 999 € |
| Raw materials and services | -203 t€ | -185 t€ |
| Personnel expenses | -108 t€ | -98 t€ |
| Depreciations and reductions in value | -15 t€ | -17 t€ |
| Other operating expenses | -31 t€ | -36 t€ |
| Operating profit (loss) | 31 t€ | 46 t€ |
| Financial income and expenses + (-) | -816 € | -1 271 € |
| Profit (loss) before appropriations and taxes | 30 t€ | 45 t€ |
| Income taxes | -5 968 € | -9 016 € |
| Profit (loss) for the financial year | 24 t€ | 36 t€ |
| Non-current assets | 105 t€ | 117 t€ |
| Stocks | 93 t€ | 82 t€ |
| Receivables | 250 t€ | 238 t€ |
| Cash in hand and at banks | 61 t€ | 47 t€ |
| Current assets | 404 t€ | 367 t€ |
| Assets | 509 t€ | 485 t€ |
| Share capital or other similar capital | 2 523 € | 2 523 € |
| Capital and reserves | 450 t€ | 444 t€ |
| Long-term liabilities | 5 397 € | 13 t€ |
| Short-term liabilities | 54 t€ | 27 t€ |
| Liabilities | 60 t€ | 41 t€ |
| Other current liabilities | 15 t€ | 11 t€ |
| Liabilities | 509 t€ | 485 t€ |
| Long-term liabilities to credit institutions | 5 397 € | 13 t€ |
| Short-term receivables | 38 t€ | 27 t€ |
| Other short-term receivables | 6 100 € | 1 743 € |
| Other interest and financial income from non-group companies | 2 € | 32 € |
| Finished products | 14 t€ | 6 749 € |
| Machinery and equipment | 30 t€ | 38 t€ |
| Long-term loan receivables | 211 t€ | 211 t€ |
| Retained earnings | 423 t€ | 405 t€ |
| Short-term accounts payable | 22 t€ | 3 787 € |
| Land and water areas, Rental rights | 7 482 € | 7 482 € |
| Wages and salaries | -95 t€ | -84 t€ |
| Short-term sales receivables | 31 t€ | 24 t€ |
| Profit (loss) for the period, equity | 24 t€ | 36 t€ |
| Interest expenses and other financial expenses for non-Group companies | -818 € | -1 303 € |
| Long-term receivables | 211 t€ | 211 t€ |
| Short-term prepayments and accrued income | 942 € | 843 € |
| Buildings and structures, Owned | 68 t€ | 72 t€ |
| Change in stocks of products + (-) | 7 483 € | -1 145 € |
| Pension expenses | -10 t€ | -11 t€ |
| Other social security expenses | -2 932 € | -2 397 € |
| Tangible assets | 105 t€ | 117 t€ |
| Purchases during the financial year | -206 t€ | -179 t€ |
| Materials and supplies | 79 t€ | 76 t€ |
| Short-term liabilities to credit institutions | 7 902 € | 7 560 € |
| Depreciations according to plan | -15 t€ | -17 t€ |
| Short-term accrued expenses and deferred income | 9 518 € | 4 570 € |
| Inventory increase (+) or decrease (-) | 3 570 € | -5 691 € |
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
Free monthly list: Nokia
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