Säävälät Oy is a limited company based in Oulu, registered in 1993. In the financial year ending 31.12.2025, revenue was 6,4 M€ and operating profit 100 t€; equity ratio 57.1 %. Its taxable income in 2024 was 291 t€ and its income taxes 59 t€. It has won 1 public contracts in EU procurement notices.
Revenue 20256,4 M€+15 % on the previous year
Operating profit100 t€1,6 % of revenue
Net profit9 319 €EBITDA -79 t€
Equity ratio57,1 %quick ratio 0,53
Taxable income 2024291 t€
top 10 % of its industry
Income taxes 202459 t€66 t€ in 2020–2024
In business33 yrsregistered 9.6.1993
Contracts won12,3 M€ in total
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 |
|---|---|---|---|---|---|
| Revenue | 6,4 M€ | 5,6 M€ | 6,8 M€ | 7,4 M€ | 5,2 M€ |
| Revenue change | 15,2 % | -17,4 % | -9,1 % | 43,1 % | – |
| EBITDA | -79 t€ | 748 t€ | 571 t€ | 363 t€ | 134 t€ |
| EBITDA % | -1,2 % | 13,4 % | 8,4 % | 4,9 % | 2,6 % |
| Operating profit | 100 t€ | 566 t€ | 263 t€ | 118 t€ | -79 t€ |
| Operating margin | 1,6 % | 10,1 % | 3,9 % | 1,6 % | -1,5 % |
| Net profit | 9 319 € | 387 t€ | 142 t€ | 11 t€ | -146 t€ |
| Personnel costs | -1,6 M€ | 1,5 M€ | 1,4 M€ | 1,4 M€ | 1,3 M€ |
| Equity ratio | 57,1 % | 50,8 % | 29,6 % | 24,1 % | 33,5 % |
| Quick ratio | 0,53 | 0,62 | 0,69 | 0,54 | 0,45 |
| Current ratio | 0,99 | 1,08 | 0,98 | 0,79 | 1,17 |
| Debt to revenue | 12,0 % | 19,7 % | 26,2 % | 25,7 % | 30,9 % |
| Return on equity | 0,9 % | 34,1 % | 19,0 % | 1,8 % | -18,0 % |
| Balance sheet total | 1,8 M€ | 2,2 M€ | 2,5 M€ | 2,5 M€ | 2,4 M€ |
| Equity | 1,0 M€ | 1,1 M€ | 747 t€ | 605 t€ | 811 t€ |
| Cash and bank | 81 t€ | 48 t€ | 0 € | – | – |
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 | 6,4 M€ | 5,6 M€ | 6,8 M€ | 7,4 M€ | 5,2 M€ |
| Other operating income | 17 t€ | 5 827 € | 3 025 € | 27 t€ | 570 € |
| Raw materials and services | 3,4 M€ | -2,8 M€ | -4,1 M€ | -5,0 M€ | -3,0 M€ |
| Personnel expenses | 1,6 M€ | -1,5 M€ | -1,4 M€ | -1,4 M€ | -1,3 M€ |
| Depreciations and reductions in value | 180 t€ | -182 t€ | -308 t€ | -245 t€ | -213 t€ |
| Other operating expenses | 1,0 M€ | -556 t€ | -691 t€ | -689 t€ | -677 t€ |
| Operating profit (loss) | 100 t€ | 566 t€ | 263 t€ | 118 t€ | -79 t€ |
| Financial income and expenses + (-) | 87 t€ | -119 t€ | -121 t€ | -107 t€ | -67 t€ |
| Profit (loss) before appropriations and taxes | 14 t€ | 446 t€ | 142 t€ | 11 t€ | -146 t€ |
| Income taxes | 4 348 € | -59 t€ | 0 € | – | – |
| Profit (loss) for the financial year | 9 319 € | 387 t€ | 142 t€ | 11 t€ | -146 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|---|---|
| Non-current assets | 1,2 M€ | 1,2 M€ | 1,3 M€ | 1,6 M€ | 1,3 M€ |
| Stocks | 293 t€ | 431 t€ | 376 t€ | 303 t€ | 717 t€ |
| Receivables | 262 t€ | 540 t€ | 876 t€ | 642 t€ | 444 t€ |
| Cash in hand and at banks | 81 t€ | 48 t€ | 0 € | – | – |
| Current assets | 635 t€ | 1,0 M€ | 1,3 M€ | 945 t€ | 1,2 M€ |
| Assets | 1,8 M€ | 2,2 M€ | 2,5 M€ | 2,5 M€ | 2,4 M€ |
| Share capital or other similar capital | 2 691 € | 2 691 € | 2 691 € | 2 691 € | 2 691 € |
| Capital and reserves | 1,0 M€ | 1,1 M€ | 747 t€ | 605 t€ | 811 t€ |
| Long-term liabilities | 128 t€ | 155 t€ | 502 t€ | 718 t€ | 614 t€ |
| Short-term liabilities | 642 t€ | 945 t€ | 1,3 M€ | 1,2 M€ | 994 t€ |
| Liabilities | 770 t€ | 1,1 M€ | 1,8 M€ | 1,9 M€ | 1,6 M€ |
All financial statement items (57)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|---|---|
| Turnover | 6,4 M€ | 5,6 M€ | 6,8 M€ | 7,4 M€ | 5,2 M€ |
| Other operating income | 17 t€ | 5 827 € | 3 025 € | 27 t€ | 570 € |
| Raw materials and services | 3,4 M€ | -2,8 M€ | -4,1 M€ | -5,0 M€ | -3,0 M€ |
| Personnel expenses | 1,6 M€ | -1,5 M€ | -1,4 M€ | -1,4 M€ | -1,3 M€ |
| Depreciations and reductions in value | 180 t€ | -182 t€ | -308 t€ | -245 t€ | -213 t€ |
| Other operating expenses | 1,0 M€ | -556 t€ | -691 t€ | -689 t€ | -677 t€ |
| Operating profit (loss) | 100 t€ | 566 t€ | 263 t€ | 118 t€ | -79 t€ |
| Financial income and expenses + (-) | 87 t€ | -119 t€ | -121 t€ | -107 t€ | -67 t€ |
| Profit (loss) before appropriations and taxes | 14 t€ | 446 t€ | 142 t€ | 11 t€ | -146 t€ |
| Income taxes | 4 348 € | -59 t€ | 0 € | – | – |
| Profit (loss) for the financial year | 9 319 € | 387 t€ | 142 t€ | 11 t€ | -146 t€ |
| Non-current assets | 1,2 M€ | 1,2 M€ | 1,3 M€ | 1,6 M€ | 1,3 M€ |
| Stocks | 293 t€ | 431 t€ | 376 t€ | 303 t€ | 717 t€ |
| Receivables | 262 t€ | 540 t€ | 876 t€ | 642 t€ | 444 t€ |
| Cash in hand and at banks | 81 t€ | 48 t€ | 0 € | – | – |
| Current assets | 635 t€ | 1,0 M€ | 1,3 M€ | 945 t€ | 1,2 M€ |
| Assets | 1,8 M€ | 2,2 M€ | 2,5 M€ | 2,5 M€ | 2,4 M€ |
| Share capital or other similar capital | 2 691 € | 2 691 € | 2 691 € | 2 691 € | 2 691 € |
| Capital and reserves | 1,0 M€ | 1,1 M€ | 747 t€ | 605 t€ | 811 t€ |
| Long-term liabilities | 128 t€ | 155 t€ | 502 t€ | 718 t€ | 614 t€ |
| Short-term liabilities | 642 t€ | 945 t€ | 1,3 M€ | 1,2 M€ | 994 t€ |
| Liabilities | 770 t€ | 1,1 M€ | 1,8 M€ | 1,9 M€ | 1,6 M€ |
| Work in progress | 0 € | 130 t€ | 76 t€ | 88 t€ | 42 t€ |
| Inventory increase (+) or decrease (-) | 7 725 € | 746 € | 72 t€ | -414 t€ | 32 t€ |
| Short-term sales receivables | 138 t€ | 412 t€ | 413 t€ | 164 t€ | 263 t€ |
| Materials and supplies | 238 t€ | 246 t€ | 245 t€ | 161 t€ | 621 t€ |
| Other stocks | 54 t€ | 54 t€ | 54 t€ | 54 t€ | 54 t€ |
| Short-term prepayments and accrued income | 6 351 € | 38 t€ | 17 t€ | 87 t€ | 62 t€ |
| Purchases during the financial year | 2,1 M€ | -1,5 M€ | -2,1 M€ | -2,4 M€ | -1,8 M€ |
| Tangible assets | 1,2 M€ | 1,2 M€ | 1,3 M€ | 1,6 M€ | 1,3 M€ |
| Intangible assets | 1 682 € | 1 682 € | 1 682 € | 1 682 € | 1 682 € |
| Change in stocks of products + (-) | -130 t€ | 54 t€ | 0 € | – | – |
| Reserve for invested non-restricted equity | 150 t€ | 150 t€ | 150 t€ | 150 t€ | 150 t€ |
| Retained earnings | 865 t€ | 594 t€ | 453 t€ | 442 t€ | 804 t€ |
| Other current liabilities | 73 t€ | 120 t€ | 142 t€ | 106 t€ | 114 t€ |
| Buildings and structures, Owned | 120 t€ | 129 t€ | 205 t€ | 149 t€ | 161 t€ |
| Other interest and financial income from non-group companies | 28 € | 0 € | 0 € | 5 € | 0 € |
| Liabilities | 1,8 M€ | 2,2 M€ | 2,5 M€ | 2,5 M€ | 2,4 M€ |
| Other social security expenses | 72 t€ | -65 t€ | -69 t€ | -53 t€ | -58 t€ |
| Long-term receivables | 324 € | 324 € | 324 € | 324 € | 324 € |
| Services purchased | 1,3 M€ | -1,4 M€ | -2,1 M€ | -2,2 M€ | -1,3 M€ |
| Short-term loan receivables | 51 t€ | 56 t€ | 73 t€ | 91 t€ | 94 t€ |
| Interest expenses and other financial expenses for non-Group companies | 87 t€ | -119 t€ | -121 t€ | -107 t€ | -67 t€ |
| Short-term accounts payable | 132 t€ | 193 t€ | 688 t€ | 539 t€ | 426 t€ |
| Intangible rights | 1 682 € | 1 682 € | 1 682 € | 1 682 € | 1 682 € |
| Profit (loss) for the period, equity | 9 319 € | 387 t€ | 142 t€ | 11 t€ | -146 t€ |
| Depreciations according to plan | 180 t€ | -182 t€ | -308 t€ | -245 t€ | -213 t€ |
| Other long-term receivables | 324 € | 324 € | 324 € | 324 € | 324 € |
| Pension expenses | 221 t€ | -197 t€ | -210 t€ | -221 t€ | -177 t€ |
| Machinery and equipment | 967 t€ | 930 t€ | 965 t€ | 1,2 M€ | 1,1 M€ |
| Long-term liabilities to credit institutions | 128 t€ | 155 t€ | 502 t€ | 718 t€ | 614 t€ |
| Other short-term receivables | 66 t€ | 33 t€ | 373 t€ | 301 t€ | 26 t€ |
| Short-term receivables | 261 t€ | 540 t€ | 875 t€ | 641 t€ | 444 t€ |
| Land and water areas, Owned | 73 t€ | 156 t€ | 98 t€ | 221 t€ | 2 400 € |
| Wages and salaries | 1,3 M€ | -1,3 M€ | -1,1 M€ | -1,2 M€ | -1,1 M€ |
| Short-term accrued expenses and deferred income | 302 t€ | 333 t€ | 119 t€ | 167 t€ | 144 t€ |
| Short-term liabilities to credit institutions | 134 t€ | 300 t€ | 323 t€ | 378 t€ | 311 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, Säävälät Oy is in the top 10 % of the industry class site preparation (1576 companies with taxable income; median 36 t€, 8,1 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.
Public contracts won
- Jätteen paalaus 2026-2028HSY Helsingin seudun ympäristöpalvelut -kuntayhtymä, Rosk’n Roll Oy Ab, Uudenmaan Woima Oy2,3 M€
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