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Oy CandyWell Ltd

Limited company. Manufacture of other food products n.e.c..

Oy CandyWell Ltd is a limited company based in Kivijärvi, registered in 1994. In the financial year ending 31.12.2025, revenue was 610 t€ and operating profit 29 t€; equity ratio 79.4 %. Its taxable income in 2024 was 14 t€ and its income taxes 2 936 €.

Revenue 2025610 t€+4 % on the previous year
Operating profit29 t€4,8 % of revenue
Net profit24 t€EBITDA 18 t€
Equity ratio79,4 %quick ratio 1,57
Taxable income 202414 t€ lower half of its industry
Income taxes 20242 936 €17 t€ in 2020–2024
In business32 yrsregistered 23.2.1994

Financials

554 t€588 t€610 t€610 t€3 282 €1 992 €29 t€5 038 €11 t€24 t€202320242025
RevenueOperating profitNet profit
Key figures31.12.202531.12.202431.12.2023
Revenue610 t€588 t€554 t€
Revenue change3,8 %6,2 %–
EBITDA18 t€14 t€16 t€
EBITDA %3,0 %2,4 %3,0 %
Operating profit29 t€1 992 €3 282 €
Operating margin4,8 %0,3 %0,6 %
Net profit24 t€11 t€5 038 €
Personnel costs-220 t€208 t€208 t€
Equity ratio79,4 %70,7 %74,9 %
Quick ratio1,570,960,88
Current ratio3,162,302,69
Debt to revenue7,7 %11,4 %10,0 %
Return on equity16,6 %9,4 %4,6 %
Balance sheet total228 t€228 t€220 t€
Equity144 t€120 t€109 t€
Cash and bank43 t€31 t€9 209 €

Balance sheet

220 t€228 t€228 t€228 t€109 t€120 t€144 t€9 209 €31 t€43 t€202320242025
Balance sheet totalEquityCash
Income statement and balance sheet

Income statement

31.12.202531.12.202431.12.2023
Turnover610 t€588 t€554 t€
Raw materials and services287 t€-305 t€-258 t€
Personnel expenses220 t€-208 t€-208 t€
Depreciations and reductions in value11 t€-12 t€-13 t€
Other operating expenses63 t€-61 t€-72 t€
Operating profit (loss)29 t€1 992 €3 282 €
Financial income and expenses + (-)2 655 €-3 045 €-1 048 €
Profit (loss) before appropriations and taxes26 t€-1 053 €2 234 €
Income taxes6 033 €-2 826 €-1 351 €
Profit (loss) for the financial year24 t€11 t€5 038 €

Balance sheet

31.12.202531.12.202431.12.2023
Non-current assets80 t€87 t€97 t€
Stocks74 t€82 t€83 t€
Receivables31 t€27 t€31 t€
Cash in hand and at banks43 t€31 t€9 209 €
Current assets148 t€141 t€123 t€
Assets228 t€228 t€220 t€
Share capital or other similar capital45 t€45 t€45 t€
Capital and reserves144 t€120 t€109 t€
Appropriations37 t€41 t€56 t€
Long-term liabilities0 €5 500 €9 500 €
Short-term liabilities47 t€61 t€46 t€
Liabilities47 t€67 t€55 t€
All financial statement items (53)
31.12.202531.12.202431.12.2023
Turnover610 t€588 t€554 t€
Raw materials and services287 t€-305 t€-258 t€
Personnel expenses220 t€-208 t€-208 t€
Depreciations and reductions in value11 t€-12 t€-13 t€
Other operating expenses63 t€-61 t€-72 t€
Operating profit (loss)29 t€1 992 €3 282 €
Financial income and expenses + (-)2 655 €-3 045 €-1 048 €
Profit (loss) before appropriations and taxes26 t€-1 053 €2 234 €
Income taxes6 033 €-2 826 €-1 351 €
Profit (loss) for the financial year24 t€11 t€5 038 €
Non-current assets80 t€87 t€97 t€
Stocks74 t€82 t€83 t€
Receivables31 t€27 t€31 t€
Cash in hand and at banks43 t€31 t€9 209 €
Current assets148 t€141 t€123 t€
Assets228 t€228 t€220 t€
Share capital or other similar capital45 t€45 t€45 t€
Capital and reserves144 t€120 t€109 t€
Appropriations37 t€41 t€56 t€
Long-term liabilities0 €5 500 €9 500 €
Short-term liabilities47 t€61 t€46 t€
Liabilities47 t€67 t€55 t€
Increase (decrease) in deprecation difference-3 593 €15 t€4 155 €
Investments100 €100 €100 €
Depreciations according to plan11 t€-12 t€-13 t€
Short-term sales receivables31 t€27 t€31 t€
Pension expenses39 t€-39 t€-40 t€
Profit (loss) for the period, equity24 t€11 t€5 038 €
Interest expenses and other financial expenses for non-Group companies2 659 €-3 046 €-1 059 €
Intangible assets2 422 €3 230 €4 037 €
Other shares and similar rights of ownership100 €100 €100 €
Depreciation difference37 t€41 t€56 t€
Short-term receivables31 t€27 t€31 t€
Liabilities228 t€228 t€220 t€
Inventory increase (+) or decrease (-)7 481 €-825 €-3 444 €
Wages and salaries170 t€-162 t€-160 t€
Services purchased8 431 €-16 t€-18 t€
Long-term subordinated loans0 €5 500 €9 500 €
Other social security expenses11 t€-6 826 €-7 486 €
Tangible assets77 t€84 t€93 t€
Short-term accounts payable17 t€38 t€20 t€
Short-term accrued expenses and deferred income25 t€20 t€21 t€
Other interest and financial income from non-group companies4 €1 €12 €
Other current liabilities4 805 €2 990 €4 858 €
Materials and supplies74 t€82 t€83 t€
Purchases during the financial year271 t€-288 t€-236 t€
Short-term prepayments and accrued income94 €0 €649 €
Machinery and equipment19 t€22 t€27 t€
Development expenses2 422 €3 230 €4 037 €
Buildings and structures, Owned48 t€51 t€55 t€
Retained earnings75 t€64 t€59 t€
Short-term loan receivables5 €0 €–
Land and water areas, Owned10 t€10 t€10 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

32 t€21 t€11 t€6 755 €14 t€14 t€20202021202220232024

Measured by taxable income, Oy CandyWell Ltd is in the lower half of the industry class manufacture of other food products n.e.c. (59 companies with taxable income; median 41 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.

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