Helsingin Network Service Oy is a limited company based in Vaasa, registered in 1994. In the financial year ending 31.12.2025, revenue was 742 t€ and operating profit 31 t€; equity ratio 27.8 %. Its taxable income in 2024 was 19 t€ and its income taxes 3 821 €. Public buyers bought 13 t€ from it in 2022–2022; the largest buyer is Väylävirasto (Liikenne- ja viestintäministeriön hallinnonala). Latest Trade Register entry: change of ceo, 10.11.2025.
Financials
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 |
|---|---|---|---|
| Revenue | 742 t€ | 634 t€ | 698 t€ |
| Revenue change | 17,0 % | -9,2 % | – |
| EBITDA | 27 t€ | 23 t€ | 9 578 € |
| EBITDA % | 3,7 % | 3,6 % | 1,4 % |
| Operating profit | 31 t€ | 20 t€ | 6 033 € |
| Operating margin | 4,1 % | 3,1 % | 0,9 % |
| Net profit | 24 t€ | 14 t€ | 4 598 € |
| Personnel costs | -71 t€ | 64 t€ | 63 t€ |
| Equity ratio | 27,8 % | 60,4 % | 69,9 % |
| Quick ratio | 1,30 | 2,10 | 2,55 |
| Current ratio | 1,30 | 2,10 | 2,55 |
| Debt to revenue | 42,2 % | 10,8 % | 6,1 % |
| Return on equity | 20,0 % | 13,6 % | 4,7 % |
| Balance sheet total | 433 t€ | 173 t€ | 141 t€ |
| Equity | 120 t€ | 105 t€ | 98 t€ |
| Cash and bank | 121 t€ | 80 t€ | 65 t€ |
Balance sheet
Income statement and balance sheet
Income statement
| 31.12.2025 | 31.12.2024 | 31.12.2023 | |
|---|---|---|---|
| Turnover | 742 t€ | 634 t€ | 698 t€ |
| Raw materials and services | 558 t€ | -490 t€ | -561 t€ |
| Personnel expenses | 71 t€ | -64 t€ | -63 t€ |
| Depreciations and reductions in value | 3 352 € | -3 434 € | -3 545 € |
| Other operating expenses | 79 t€ | -57 t€ | -64 t€ |
| Operating profit (loss) | 31 t€ | 20 t€ | 6 033 € |
| Financial income and expenses + (-) | -83 € | -1 572 € | 124 € |
| Profit (loss) before appropriations and taxes | 31 t€ | 18 t€ | 6 157 € |
| Income taxes | 6 601 € | -3 833 € | -1 559 € |
| Profit (loss) for the financial year | 24 t€ | 14 t€ | 4 598 € |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | |
|---|---|---|---|
| Non-current assets | 26 t€ | 29 t€ | 33 t€ |
| Receivables | 286 t€ | 64 t€ | 43 t€ |
| Cash in hand and at banks | 121 t€ | 80 t€ | 65 t€ |
| Current assets | 407 t€ | 144 t€ | 108 t€ |
| Assets | 433 t€ | 173 t€ | 141 t€ |
| Share capital or other similar capital | 8 409 € | 8 409 € | 8 409 € |
| Capital and reserves | 120 t€ | 105 t€ | 98 t€ |
| Short-term liabilities | 313 t€ | 69 t€ | 42 t€ |
| Liabilities | 313 t€ | 69 t€ | 42 t€ |
All financial statement items (43)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | |
|---|---|---|---|
| Turnover | 742 t€ | 634 t€ | 698 t€ |
| Raw materials and services | 558 t€ | -490 t€ | -561 t€ |
| Personnel expenses | 71 t€ | -64 t€ | -63 t€ |
| Depreciations and reductions in value | 3 352 € | -3 434 € | -3 545 € |
| Other operating expenses | 79 t€ | -57 t€ | -64 t€ |
| Operating profit (loss) | 31 t€ | 20 t€ | 6 033 € |
| Financial income and expenses + (-) | -83 € | -1 572 € | 124 € |
| Profit (loss) before appropriations and taxes | 31 t€ | 18 t€ | 6 157 € |
| Income taxes | 6 601 € | -3 833 € | -1 559 € |
| Profit (loss) for the financial year | 24 t€ | 14 t€ | 4 598 € |
| Non-current assets | 26 t€ | 29 t€ | 33 t€ |
| Receivables | 286 t€ | 64 t€ | 43 t€ |
| Cash in hand and at banks | 121 t€ | 80 t€ | 65 t€ |
| Current assets | 407 t€ | 144 t€ | 108 t€ |
| Assets | 433 t€ | 173 t€ | 141 t€ |
| Share capital or other similar capital | 8 409 € | 8 409 € | 8 409 € |
| Capital and reserves | 120 t€ | 105 t€ | 98 t€ |
| Short-term liabilities | 313 t€ | 69 t€ | 42 t€ |
| Liabilities | 313 t€ | 69 t€ | 42 t€ |
| Other current liabilities | 70 t€ | 7 519 € | 12 t€ |
| Wages and salaries | 55 t€ | -58 t€ | -58 t€ |
| Pension expenses | 5 799 € | -5 675 € | -4 950 € |
| Tangible assets | 746 € | 995 € | 1 326 € |
| Intangible assets | 25 t€ | 28 t€ | 31 t€ |
| Depreciations according to plan | 3 352 € | -3 434 € | -3 545 € |
| Liabilities | 433 t€ | 173 t€ | 141 t€ |
| Other short-term receivables | 390 € | 8 666 € | 300 € |
| Investments | 336 € | 336 € | 336 € |
| Other social security expenses | 10 t€ | -966 € | -932 € |
| Goodwill | 25 t€ | 28 t€ | 31 t€ |
| Profit (loss) for the period, equity | 24 t€ | 14 t€ | 4 598 € |
| Services purchased | 0 € | -1 420 € | -513 € |
| Retained earnings | 88 t€ | 82 t€ | 85 t€ |
| Purchases during the financial year | 558 t€ | -488 t€ | -560 t€ |
| Short-term prepayments and accrued income | 3 040 € | 1 067 € | 4 941 € |
| Other interest and financial income from non-group companies | 152 € | 56 € | 169 € |
| Other shares and similar rights of ownership | 336 € | 336 € | 336 € |
| Short-term accrued expenses and deferred income | 4 971 € | 2 766 € | 0 € |
| Short-term sales receivables | 283 t€ | 55 t€ | 38 t€ |
| Short-term receivables | 286 t€ | 64 t€ | 43 t€ |
| Interest expenses and other financial expenses for non-Group companies | 69 € | -1 628 € | -46 € |
| Machinery and equipment | 746 € | 995 € | 1 326 € |
| Short-term accounts payable | 238 t€ | 58 t€ | 30 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, Helsingin Network Service Oy is in the upper half of the industry class activities of agents involved in non-specialised wholesale (231 companies with taxable income; median 15 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
Trade Register events
- Change of CEO
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