Space Network Helsinki Oy is a limited company based in Helsinki, registered in 1993. In the financial year ending 30.6.2025, revenue was 333 t€ and operating profit 9 551 €; equity ratio 80.0 %. Its taxable income in 2024 was 7 296 € and its income taxes 1 459 €. Public buyers bought 7 607 € from it in 2025–2025; the largest buyer is Sosiaali- Ja Terveystoimiala, Helsinki (Helsinki).
Financials
| Key figures | 30.6.2025 | 30.6.2024 | 30.6.2023 | 30.6.2022 | 30.6.2021 |
|---|---|---|---|---|---|
| Revenue | 333 t€ | 317 t€ | 319 t€ | 338 t€ | 257 t€ |
| Revenue change | 5,2 % | -0,7 % | -5,8 % | 31,7 % | – |
| EBITDA | 9 551 € | 14 t€ | -1 251 € | 1 749 € | -7 589 € |
| EBITDA % | 2,9 % | 4,4 % | -0,4 % | 0,5 % | -3,0 % |
| Operating profit | 9 551 € | 14 t€ | -1 251 € | 1 749 € | -7 589 € |
| Operating margin | 2,9 % | 4,4 % | -0,4 % | 0,5 % | -3,0 % |
| Net profit | 7 577 € | 12 t€ | -1 546 € | 1 612 € | -7 578 € |
| Personnel costs | 233 t€ | 210 t€ | 228 t€ | 232 t€ | 194 t€ |
| Equity ratio | 80,0 % | 80,7 % | 78,8 % | 67,9 % | 77,8 % |
| Quick ratio | 5,01 | 5,19 | 4,72 | 3,12 | 4,50 |
| Current ratio | 5,01 | 5,19 | 4,72 | 3,12 | 4,50 |
| Debt to revenue | 6,3 % | 6,2 % | 6,5 % | 12,4 % | 10,7 % |
| Return on equity | 9,0 % | 14,9 % | -2,0 % | 1,8 % | -7,9 % |
| Balance sheet total | 105 t€ | 102 t€ | 98 t€ | 131 t€ | 124 t€ |
| Equity | 84 t€ | 83 t€ | 77 t€ | 89 t€ | 96 t€ |
| Cash and bank | 55 t€ | 60 t€ | 52 t€ | 80 t€ | 95 t€ |
Balance sheet
Income statement and balance sheet
Income statement
| 30.6.2025 | 30.6.2024 | 30.6.2023 | 30.6.2022 | 30.6.2021 | |
|---|---|---|---|---|---|
| Turnover | 333 t€ | 317 t€ | 319 t€ | 338 t€ | 257 t€ |
| Raw materials and services | -11 t€ | -14 t€ | -12 t€ | -21 t€ | -12 t€ |
| Personnel expenses | -233 t€ | -210 t€ | -228 t€ | -232 t€ | -194 t€ |
| Other operating expenses | -80 t€ | -79 t€ | -80 t€ | -84 t€ | -58 t€ |
| Operating profit (loss) | 9 551 € | 14 t€ | -1 251 € | 1 749 € | -7 589 € |
| Financial income and expenses + (-) | -22 € | 17 € | -295 € | -137 € | 10 € |
| Profit (loss) before appropriations and taxes | 9 529 € | 14 t€ | -1 546 € | 1 612 € | -7 579 € |
| Income taxes | -1 951 € | -1 459 € | 0 € | 0 € | 1 € |
| Profit (loss) for the financial year | 7 577 € | 12 t€ | -1 546 € | 1 612 € | -7 578 € |
Balance sheet
| 30.6.2025 | 30.6.2024 | 30.6.2023 | 30.6.2022 | 30.6.2021 | |
|---|---|---|---|---|---|
| Receivables | 51 t€ | 42 t€ | 46 t€ | 51 t€ | 28 t€ |
| Cash in hand and at banks | 55 t€ | 60 t€ | 52 t€ | 80 t€ | 95 t€ |
| Current assets | 105 t€ | 102 t€ | 98 t€ | 131 t€ | 124 t€ |
| Assets | 105 t€ | 102 t€ | 98 t€ | 131 t€ | 124 t€ |
| Share capital or other similar capital | 8 500 € | 8 500 € | 8 500 € | 8 500 € | 8 500 € |
| Capital and reserves | 84 t€ | 83 t€ | 77 t€ | 89 t€ | 96 t€ |
| Short-term liabilities | 21 t€ | 20 t€ | 21 t€ | 42 t€ | 28 t€ |
| Liabilities | 21 t€ | 20 t€ | 21 t€ | 42 t€ | 28 t€ |
All financial statement items (33)
| 30.6.2025 | 30.6.2024 | 30.6.2023 | 30.6.2022 | 30.6.2021 | |
|---|---|---|---|---|---|
| Turnover | 333 t€ | 317 t€ | 319 t€ | 338 t€ | 257 t€ |
| Raw materials and services | -11 t€ | -14 t€ | -12 t€ | -21 t€ | -12 t€ |
| Personnel expenses | -233 t€ | -210 t€ | -228 t€ | -232 t€ | -194 t€ |
| Other operating expenses | -80 t€ | -79 t€ | -80 t€ | -84 t€ | -58 t€ |
| Operating profit (loss) | 9 551 € | 14 t€ | -1 251 € | 1 749 € | -7 589 € |
| Financial income and expenses + (-) | -22 € | 17 € | -295 € | -137 € | 10 € |
| Profit (loss) before appropriations and taxes | 9 529 € | 14 t€ | -1 546 € | 1 612 € | -7 579 € |
| Income taxes | -1 951 € | -1 459 € | 0 € | 0 € | 1 € |
| Profit (loss) for the financial year | 7 577 € | 12 t€ | -1 546 € | 1 612 € | -7 578 € |
| Receivables | 51 t€ | 42 t€ | 46 t€ | 51 t€ | 28 t€ |
| Cash in hand and at banks | 55 t€ | 60 t€ | 52 t€ | 80 t€ | 95 t€ |
| Current assets | 105 t€ | 102 t€ | 98 t€ | 131 t€ | 124 t€ |
| Assets | 105 t€ | 102 t€ | 98 t€ | 131 t€ | 124 t€ |
| Share capital or other similar capital | 8 500 € | 8 500 € | 8 500 € | 8 500 € | 8 500 € |
| Capital and reserves | 84 t€ | 83 t€ | 77 t€ | 89 t€ | 96 t€ |
| Short-term liabilities | 21 t€ | 20 t€ | 21 t€ | 42 t€ | 28 t€ |
| Liabilities | 21 t€ | 20 t€ | 21 t€ | 42 t€ | 28 t€ |
| Purchases during the financial year | -11 t€ | -14 t€ | -12 t€ | -21 t€ | -12 t€ |
| Short-term sales receivables | 48 t€ | 39 t€ | 40 t€ | 47 t€ | 24 t€ |
| Short-term prepayments and accrued income | 40 € | 0 € | 2 947 € | 0 € | – |
| Retained earnings | 68 t€ | 62 t€ | 70 t€ | 79 t€ | 95 t€ |
| Other current liabilities | 4 363 € | 1 974 € | 2 148 € | 3 798 € | 7 899 € |
| Other interest and financial income from non-group companies | 1 € | 17 € | 0 € | 1 € | 43 € |
| Liabilities | 105 t€ | 102 t€ | 98 t€ | 131 t€ | 124 t€ |
| Other social security expenses | -13 t€ | -11 t€ | -15 t€ | -12 t€ | -11 t€ |
| Interest expenses and other financial expenses for non-Group companies | -23 € | 0 € | -295 € | -138 € | -33 € |
| Short-term accounts payable | 3 936 € | 7 856 € | 9 861 € | 9 827 € | 3 732 € |
| Profit (loss) for the period, equity | 7 577 € | 12 t€ | -1 546 € | 1 612 € | -7 578 € |
| Pension expenses | -40 t€ | -38 t€ | -40 t€ | -38 t€ | -35 t€ |
| Other short-term receivables | 2 674 € | 2 674 € | 3 031 € | 4 286 € | 4 795 € |
| Short-term receivables | 51 t€ | 42 t€ | 46 t€ | 51 t€ | 28 t€ |
| Wages and salaries | -180 t€ | -160 t€ | -174 t€ | -181 t€ | -148 t€ |
| Short-term accrued expenses and deferred income | 13 t€ | 9 891 € | 8 831 € | 28 t€ | 16 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, Space Network Helsinki Oy is in the lower half of the industry class electrical installation (1752 companies with taxable income; median 23 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.
Sales to public buyers
Largest buyers
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