Hietanen Cargo Service Oy is a limited company based in Hamina, registered in 1994. In the financial year ending 30.4.2026, revenue was 6,1 M€ and operating profit -126 t€; equity ratio 0.5 %. Latest Trade Register entry: change of ceo, 20.1.2026.
Revenue 20266,1 M€+136 % on the previous year
Operating profit-126 t€-2,1 % of revenue
Net profit-128 t€EBITDA -132 t€
Equity ratio0,5 %quick ratio 1,00
Taxable income 20240 €
profit as taxed
Income taxes 2024100 €32 t€ in 2020–2024
In business32 yrsregistered 26.1.1994
Trade Register1entries, latest: change of ceo
Financials
RevenueOperating profitNet profit
| Key figures | 30.4.2026 | 30.4.2025 | 30.4.2024 | 30.4.2023 | 30.4.2022 | 30.4.2021 |
|---|---|---|---|---|---|---|
| Revenue | 6,1 M€ | 2,6 M€ | 1,5 M€ | 1,2 M€ | 1,7 M€ | 2,0 M€ |
| Revenue change | 135,8 % | 75,9 % | 23,1 % | -31,4 % | -13,5 % | – |
| EBITDA | -132 t€ | 52 t€ | -47 t€ | -12 t€ | 33 t€ | 101 t€ |
| EBITDA % | -2,2 % | 2,0 % | -3,3 % | -1,0 % | 1,9 % | 5,1 % |
| Operating profit | -126 t€ | 52 t€ | -48 t€ | -12 t€ | 33 t€ | 101 t€ |
| Operating margin | -2,1 % | 2,0 % | -3,3 % | -1,0 % | 1,9 % | 5,1 % |
| Net profit | -128 t€ | 52 t€ | -47 t€ | -12 t€ | 26 t€ | 81 t€ |
| Personnel costs | -2,1 M€ | 185 t€ | 172 t€ | 160 t€ | 351 t€ | 407 t€ |
| Equity ratio | 0,5 % | 61,5 % | 65,3 % | 80,3 % | 71,4 % | 58,7 % |
| Quick ratio | 1,00 | 2,60 | 2,88 | 5,08 | 3,50 | 2,42 |
| Current ratio | 1,00 | 2,60 | 2,88 | 5,08 | 3,50 | 2,42 |
| Debt to revenue | 58,4 % | 3,9 % | 4,3 % | 3,7 % | 4,8 % | 6,9 % |
| Return on equity | -677,2 % | 32,2 % | -40,3 % | -6,6 % | 12,7 % | 40,9 % |
| Balance sheet total | 3,6 M€ | 260 t€ | 181 t€ | 224 t€ | 292 t€ | 335 t€ |
| Equity | 19 t€ | 160 t€ | 118 t€ | 180 t€ | 208 t€ | 197 t€ |
| Cash and bank | 369 t€ | 82 t€ | 71 t€ | 6 720 € | 177 t€ | 196 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 30.4.2026 | 30.4.2025 | 30.4.2024 | 30.4.2023 | 30.4.2022 | 30.4.2021 | |
|---|---|---|---|---|---|---|
| Turnover | 6,1 M€ | 2,6 M€ | 1,5 M€ | 1,2 M€ | 1,7 M€ | 2,0 M€ |
| Raw materials and services | 3,4 M€ | -2,3 M€ | -1,3 M€ | -1,0 M€ | -1,3 M€ | -1,5 M€ |
| Personnel expenses | 2,1 M€ | -185 t€ | -172 t€ | -160 t€ | -351 t€ | -407 t€ |
| Depreciations and reductions in value | 5 804 € | 0 € | -35 € | -12 € | -16 € | -21 € |
| Other operating expenses | 717 t€ | -34 t€ | -14 t€ | -19 t€ | -31 t€ | -18 t€ |
| Operating profit (loss) | -126 t€ | 52 t€ | -48 t€ | -12 t€ | 33 t€ | 101 t€ |
| Financial income and expenses + (-) | 2 423 € | -101 € | 15 € | -31 € | 77 € | -14 € |
| Profit (loss) before appropriations and taxes | -128 t€ | 52 t€ | -47 t€ | -12 t€ | 33 t€ | 101 t€ |
| Income taxes | – | – | – | – | -6 590 € | -21 t€ |
| Profit (loss) for the financial year | -128 t€ | 52 t€ | -47 t€ | -12 t€ | 26 t€ | 81 t€ |
Balance sheet
| 30.4.2026 | 30.4.2025 | 30.4.2024 | 30.4.2023 | 30.4.2022 | 30.4.2021 | |
|---|---|---|---|---|---|---|
| Non-current assets | 17 t€ | 0 € | 0 € | 35 € | 47 € | 63 € |
| Receivables | 3,2 M€ | 179 t€ | 110 t€ | 217 t€ | 114 t€ | 139 t€ |
| Cash in hand and at banks | 369 t€ | 82 t€ | 71 t€ | 6 720 € | 177 t€ | 196 t€ |
| Current assets | 3,5 M€ | 260 t€ | 181 t€ | 224 t€ | 292 t€ | 335 t€ |
| Assets | 3,6 M€ | 260 t€ | 181 t€ | 224 t€ | 292 t€ | 335 t€ |
| Share capital or other similar capital | 2 523 € | 2 523 € | 2 523 € | 2 523 € | 2 523 € | 2 523 € |
| Capital and reserves | 19 t€ | 160 t€ | 118 t€ | 180 t€ | 208 t€ | 197 t€ |
| Short-term liabilities | 3,5 M€ | 100 t€ | 63 t€ | 44 t€ | 83 t€ | 138 t€ |
| Liabilities | 3,5 M€ | 100 t€ | 63 t€ | 44 t€ | 83 t€ | 138 t€ |
All financial statement items (40)
| 30.4.2026 | 30.4.2025 | 30.4.2024 | 30.4.2023 | 30.4.2022 | 30.4.2021 | |
|---|---|---|---|---|---|---|
| Turnover | 6,1 M€ | 2,6 M€ | 1,5 M€ | 1,2 M€ | 1,7 M€ | 2,0 M€ |
| Raw materials and services | 3,4 M€ | -2,3 M€ | -1,3 M€ | -1,0 M€ | -1,3 M€ | -1,5 M€ |
| Personnel expenses | 2,1 M€ | -185 t€ | -172 t€ | -160 t€ | -351 t€ | -407 t€ |
| Depreciations and reductions in value | 5 804 € | 0 € | -35 € | -12 € | -16 € | -21 € |
| Other operating expenses | 717 t€ | -34 t€ | -14 t€ | -19 t€ | -31 t€ | -18 t€ |
| Operating profit (loss) | -126 t€ | 52 t€ | -48 t€ | -12 t€ | 33 t€ | 101 t€ |
| Financial income and expenses + (-) | 2 423 € | -101 € | 15 € | -31 € | 77 € | -14 € |
| Profit (loss) before appropriations and taxes | -128 t€ | 52 t€ | -47 t€ | -12 t€ | 33 t€ | 101 t€ |
| Income taxes | – | – | – | – | -6 590 € | -21 t€ |
| Profit (loss) for the financial year | -128 t€ | 52 t€ | -47 t€ | -12 t€ | 26 t€ | 81 t€ |
| Non-current assets | 17 t€ | 0 € | 0 € | 35 € | 47 € | 63 € |
| Receivables | 3,2 M€ | 179 t€ | 110 t€ | 217 t€ | 114 t€ | 139 t€ |
| Cash in hand and at banks | 369 t€ | 82 t€ | 71 t€ | 6 720 € | 177 t€ | 196 t€ |
| Current assets | 3,5 M€ | 260 t€ | 181 t€ | 224 t€ | 292 t€ | 335 t€ |
| Assets | 3,6 M€ | 260 t€ | 181 t€ | 224 t€ | 292 t€ | 335 t€ |
| Share capital or other similar capital | 2 523 € | 2 523 € | 2 523 € | 2 523 € | 2 523 € | 2 523 € |
| Capital and reserves | 19 t€ | 160 t€ | 118 t€ | 180 t€ | 208 t€ | 197 t€ |
| Short-term liabilities | 3,5 M€ | 100 t€ | 63 t€ | 44 t€ | 83 t€ | 138 t€ |
| Liabilities | 3,5 M€ | 100 t€ | 63 t€ | 44 t€ | 83 t€ | 138 t€ |
| Other short-term receivables | 445 t€ | 35 t€ | 20 t€ | 140 t€ | 143 € | 22 t€ |
| Short-term sales receivables | 2,7 M€ | 127 t€ | 89 t€ | 72 t€ | 114 t€ | 116 t€ |
| Tangible assets | 17 t€ | 0 € | 0 € | 35 € | 47 € | 63 € |
| Depreciations according to plan | 5 804 € | 0 € | -35 € | -12 € | -16 € | -21 € |
| Profit (loss) for the period, equity | -128 t€ | 52 t€ | -47 t€ | -12 t€ | 26 t€ | 81 t€ |
| Retained earnings | 145 t€ | 106 t€ | 163 t€ | 189 t€ | 179 t€ | 114 t€ |
| Short-term prepayments and accrued income | 9 370 € | 211 € | 318 € | 5 013 € | 283 € | 1 426 € |
| Short-term accounts payable | 1,8 M€ | 53 t€ | 31 t€ | 6 379 € | 8 381 € | 66 t€ |
| Short-term receivables | 3,2 M€ | 179 t€ | 110 t€ | 217 t€ | 114 t€ | 139 t€ |
| Machinery and equipment | 17 t€ | 0 € | 0 € | 35 € | 47 € | 63 € |
| Interest expenses and other financial expenses for non-Group companies | 2 470 € | -101 € | 0 € | -31 € | -3 € | -15 € |
| Short-term loan receivables | 17 t€ | 16 t€ | 0 € | – | – | – |
| Purchases during the financial year | 951 t€ | 0 € | – | – | – | – |
| Other interest and financial income from non-group companies | 46 € | 0 € | 15 € | 0 € | 80 € | 1 € |
| Wages and salaries | 1,7 M€ | -155 t€ | -144 t€ | -134 t€ | -291 t€ | -341 t€ |
| Services purchased | 2,4 M€ | -2,3 M€ | -1,3 M€ | -1,0 M€ | -1,3 M€ | -1,5 M€ |
| Pension expenses | 254 t€ | -25 t€ | -24 t€ | -26 t€ | -54 t€ | -46 t€ |
| Other social security expenses | 83 t€ | -5 298 € | -3 879 € | 408 € | -6 817 € | -20 t€ |
| Other current liabilities | 147 t€ | 7 437 € | 2 152 € | 9 030 € | 8 224 € | 4 975 € |
| Liabilities | 3,6 M€ | 260 t€ | 181 t€ | 224 t€ | 292 t€ | 335 t€ |
| Short-term accrued expenses and deferred income | 1,6 M€ | 39 t€ | 30 t€ | 29 t€ | 67 t€ | 67 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
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.
Trade Register events
- Change of CEO
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