Seinäjoen KTK Oy is a limited company based in Seinäjoki, registered in 1994. In the financial year ending 31.12.2025, revenue was 9,4 M€ and operating profit 206 t€; equity ratio 21.9 %. Public buyers bought 549 t€ from it in 2022–2025; the largest buyer is Työllisyys, kehittämis- ja hallintokeskus (Työ- ja elinkeinoministeriön hallinnonala).
Financials
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 |
|---|---|---|---|
| Revenue | 9,4 M€ | 10,3 M€ | – |
| Revenue change | -8,4 % | – | – |
| Gross profit | – | 1,8 M€ | 2,0 M€ |
| EBITDA | 195 t€ | -443 t€ | -339 t€ |
| EBITDA % | 2,1 % | -4,3 % | – |
| Operating profit | 206 t€ | -478 t€ | -380 t€ |
| Operating margin | 2,2 % | -4,7 % | – |
| Net profit | 85 t€ | -516 t€ | -462 t€ |
| Personnel costs | -428 t€ | 587 t€ | 665 t€ |
| Equity ratio | 21,9 % | 23,2 % | 35,0 % |
| Quick ratio | 0,76 | 0,65 | 0,94 |
| Current ratio | 1,20 | 0,94 | 1,42 |
| Debt to revenue | 38,4 % | 29,7 % | – |
| Return on equity | 8,3 % | -55,4 % | -31,9 % |
| Balance sheet total | 4,6 M€ | 4,0 M€ | 4,1 M€ |
| Equity | 1,0 M€ | 932 t€ | 1,4 M€ |
| Cash and bank | 2 335 € | 1 402 € | 1 228 € |
Balance sheet
Income statement and balance sheet
Income statement
| 31.12.2025 | 31.12.2024 | 31.12.2023 | |
|---|---|---|---|
| Turnover | 9,4 M€ | 10,3 M€ | – |
| Gross profit or loss | – | 1,8 M€ | 2,0 M€ |
| Other operating income | 454 t€ | 57 t€ | – |
| Raw materials and services | 8,4 M€ | 8,5 M€ | – |
| Personnel expenses | 428 t€ | -587 t€ | -665 t€ |
| Depreciations and reductions in value | 11 t€ | -35 t€ | -40 t€ |
| Other operating expenses | 771 t€ | -1,7 M€ | -1,7 M€ |
| Operating profit (loss) | 206 t€ | -478 t€ | -380 t€ |
| Financial income and expenses + (-) | 121 t€ | -44 t€ | -99 t€ |
| Profit (loss) before appropriations and taxes | 85 t€ | -522 t€ | -478 t€ |
| Profit (loss) for the financial year | 85 t€ | -516 t€ | -462 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | |
|---|---|---|---|
| Non-current assets | 1,9 M€ | 2,0 M€ | 2,0 M€ |
| Stocks | 1,0 M€ | 599 t€ | 702 t€ |
| Receivables | 1,8 M€ | 1,4 M€ | 1,4 M€ |
| Cash in hand and at banks | 2 335 € | 1 402 € | 1 228 € |
| Current assets | 2,8 M€ | 2,0 M€ | 2,1 M€ |
| Assets | 4,6 M€ | 4,0 M€ | 4,1 M€ |
| Share capital or other similar capital | 404 t€ | 404 t€ | 404 t€ |
| Capital and reserves | 1,0 M€ | 932 t€ | 1,4 M€ |
| Long-term liabilities | 1,3 M€ | 930 t€ | 1,2 M€ |
| Short-term liabilities | 2,3 M€ | 2,1 M€ | 1,5 M€ |
| Liabilities | 3,6 M€ | 3,0 M€ | 2,6 M€ |
All financial statement items (72)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | |
|---|---|---|---|
| Turnover | 9,4 M€ | 10,3 M€ | – |
| Gross profit or loss | – | 1,8 M€ | 2,0 M€ |
| Other operating income | 454 t€ | 57 t€ | – |
| Raw materials and services | 8,4 M€ | 8,5 M€ | – |
| Personnel expenses | 428 t€ | -587 t€ | -665 t€ |
| Depreciations and reductions in value | 11 t€ | -35 t€ | -40 t€ |
| Other operating expenses | 771 t€ | -1,7 M€ | -1,7 M€ |
| Operating profit (loss) | 206 t€ | -478 t€ | -380 t€ |
| Financial income and expenses + (-) | 121 t€ | -44 t€ | -99 t€ |
| Profit (loss) before appropriations and taxes | 85 t€ | -522 t€ | -478 t€ |
| Profit (loss) for the financial year | 85 t€ | -516 t€ | -462 t€ |
| Non-current assets | 1,9 M€ | 2,0 M€ | 2,0 M€ |
| Stocks | 1,0 M€ | 599 t€ | 702 t€ |
| Receivables | 1,8 M€ | 1,4 M€ | 1,4 M€ |
| Cash in hand and at banks | 2 335 € | 1 402 € | 1 228 € |
| Current assets | 2,8 M€ | 2,0 M€ | 2,1 M€ |
| Assets | 4,6 M€ | 4,0 M€ | 4,1 M€ |
| Share capital or other similar capital | 404 t€ | 404 t€ | 404 t€ |
| Capital and reserves | 1,0 M€ | 932 t€ | 1,4 M€ |
| Long-term liabilities | 1,3 M€ | 930 t€ | 1,2 M€ |
| Short-term liabilities | 2,3 M€ | 2,1 M€ | 1,5 M€ |
| Liabilities | 3,6 M€ | 3,0 M€ | 2,6 M€ |
| Land and water areas, Rental rights | 78 t€ | 88 t€ | 108 t€ |
| Long-term liabilities to Group companies | 80 t€ | 0 € | – |
| Retained earnings | 194 t€ | 711 t€ | 1,2 M€ |
| Long-term receivables from Group companies | 410 t€ | 0 € | – |
| Wages and salaries | 354 t€ | -491 t€ | -539 t€ |
| Share premium reserve | 54 t€ | 54 t€ | 54 t€ |
| Advance payments and construction in progress | 0 € | 41 t€ | 0 € |
| Short-term loan receivables | – | 0 € | 134 € |
| Addition to tax-based reserves (deduction) | 0 € | 5 650 € | 16 t€ |
| Land and water areas, Owned | 239 t€ | 281 t€ | 294 t€ |
| Income from shares in Group companies | 0 € | 80 t€ | 0 € |
| Shares and similar rights of ownership in subsidiaries | 1,2 M€ | 1,2 M€ | 1,2 M€ |
| Other current liabilities | 12 t€ | 71 t€ | 22 t€ |
| Long-term liabilities to credit institutions | 1,2 M€ | 903 t€ | 1,1 M€ |
| Impairment on investments for non-current assets | 1 931 € | 0 € | – |
| Intangible assets | 7 772 € | 13 t€ | 4 092 € |
| Other mandatory provisions | 27 t€ | 38 t€ | 43 t€ |
| Intangible rights | 1 068 € | 4 092 € | 4 092 € |
| Tangible assets | 318 t€ | 452 t€ | 448 t€ |
| Buildings and structures, Owned | 565 € | 607 € | 653 € |
| Long-term advances received | 15 t€ | 27 t€ | 40 t€ |
| Long-term receivables | 429 t€ | 20 t€ | 0 € |
| Short-term liabilities to Group companies | 283 € | 80 t€ | 80 t€ |
| Current receivables from Group companies | 383 t€ | 735 t€ | 484 t€ |
| Other interest and financial income from non-group companies | 487 € | 473 € | 583 € |
| Depreciations according to plan | 11 t€ | -35 t€ | -40 t€ |
| Reserve for invested non-restricted equity | 280 t€ | 280 t€ | 280 t€ |
| Other shares and similar rights of ownership | 18 t€ | 29 t€ | 35 t€ |
| Other short-term receivables | 110 t€ | 107 t€ | 122 t€ |
| Income from other investments under non-current assets, from other companies | 2 689 € | 841 € | 0 € |
| Short-term receivables | 1,3 M€ | 1,4 M€ | 1,4 M€ |
| Short-term accounts payable | 2,0 M€ | 1,5 M€ | 1,2 M€ |
| Other social security expenses | 14 t€ | -12 t€ | -17 t€ |
| Liabilities | 4,6 M€ | 4,0 M€ | 4,1 M€ |
| Finished products | 1,0 M€ | 599 t€ | 702 t€ |
| Pension expenses | 60 t€ | -84 t€ | -109 t€ |
| Short-term sales receivables | 829 t€ | 508 t€ | 769 t€ |
| Purchases during the financial year | 6,4 M€ | 7,4 M€ | – |
| Shares in participating interest company | 291 t€ | 291 t€ | 291 t€ |
| Interest expenses and other financial expenses for non-Group companies | 123 t€ | -125 t€ | -99 t€ |
| Investments | 1,6 M€ | 1,6 M€ | 1,6 M€ |
| Services purchased | 2,4 M€ | 972 t€ | – |
| Profit (loss) for the period, equity | 85 t€ | -516 t€ | -462 t€ |
| Long-term prepayments and accrued income | 19 t€ | 20 t€ | 0 € |
| Inventory increase (+) or decrease (-) | -408 t€ | 103 t€ | – |
| Short-term prepayments and accrued income | 5 830 € | 10 t€ | 30 t€ |
| Short-term accrued expenses and deferred income | 64 t€ | 123 t€ | 128 t€ |
| Machinery and equipment | 0 € | 41 t€ | 46 t€ |
| Short-term liabilities to credit institutions | 191 t€ | 293 t€ | 63 t€ |
| Other intangible assets | 6 704 € | 8 767 € | 0 € |
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
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