Konditoria Huovila Oy is a limited company based in Hamina, registered in 1995. In the financial year ending 31.12.2025, revenue was 450 t€ and operating profit -22 t€; equity ratio 22.1 %. Its taxable income in 2024 was 23 t€ and its income taxes 4 526 €. Public buyers bought 105 € from it in 2024–2024; the largest buyer is Työllisyys, kehittämis- ja hallintokeskus (Työ- ja elinkeinoministeriön hallinnonala). Latest Trade Register entry: change of ceo, 10.11.2025.
Revenue 2025450 t€-6 % on the previous year
Operating profit-22 t€-5,0 % of revenue
Net profit-13 t€EBITDA -25 t€
Equity ratio22,1 %quick ratio 1,00
Taxable income 202423 t€
lower half of its industry
Income taxes 20244 526 €20 t€ in 2020–2024
In business30 yrsregistered 20.12.1995
Sales to public buyers105 €2024–2024
Trade Register1entries, latest: change of ceo
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 |
|---|---|---|---|---|---|---|
| Revenue | 450 t€ | 480 t€ | 506 t€ | 500 t€ | 442 t€ | 425 t€ |
| Revenue change | -6,2 % | -5,1 % | 1,2 % | 13,0 % | 4,1 % | – |
| EBITDA | -25 t€ | 26 t€ | 7 585 € | 34 t€ | 7 183 € | 24 t€ |
| EBITDA % | -5,6 % | 5,4 % | 1,5 % | 6,8 % | 1,6 % | 5,6 % |
| Operating profit | -22 t€ | 23 t€ | 4 111 € | 30 t€ | 1 912 € | 19 t€ |
| Operating margin | -5,0 % | 4,8 % | 0,8 % | 6,0 % | 0,4 % | 4,5 % |
| Net profit | -13 t€ | 18 t€ | 2 778 € | 23 t€ | 20 t€ | 15 t€ |
| Personnel costs | -270 t€ | 282 t€ | 306 t€ | 276 t€ | 278 t€ | 246 t€ |
| Equity ratio | 22,1 % | 78,4 % | 65,3 % | 73,5 % | 72,9 % | 71,7 % |
| Quick ratio | 1,00 | 1,85 | 1,43 | 2,00 | 1,68 | 2,01 |
| Current ratio | 1,17 | 2,12 | 1,57 | 2,25 | 1,87 | 2,32 |
| Debt to revenue | 11,0 % | 7,1 % | 13,3 % | 10,4 % | 11,9 % | 13,1 % |
| Return on equity | -90,6 % | 14,4 % | 2,2 % | 16,0 % | 14,4 % | 10,4 % |
| Balance sheet total | 64 t€ | 159 t€ | 194 t€ | 196 t€ | 193 t€ | 196 t€ |
| Equity | 14 t€ | 125 t€ | 127 t€ | 144 t€ | 141 t€ | 141 t€ |
| Cash and bank | 38 t€ | 48 t€ | 76 t€ | 77 t€ | 73 t€ | 87 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 450 t€ | 480 t€ | 506 t€ | 500 t€ | 442 t€ | 425 t€ |
| Other operating income | – | 0 € | 1 120 € | 867 € | 12 t€ | 0 € |
| Raw materials and services | 126 t€ | -110 t€ | -122 t€ | -115 t€ | -106 t€ | -96 t€ |
| Personnel expenses | 270 t€ | -282 t€ | -306 t€ | -276 t€ | -278 t€ | -246 t€ |
| Depreciations and reductions in value | 2 628 € | -2 722 € | -3 474 € | -4 040 € | -5 271 € | -4 773 € |
| Other operating expenses | 75 t€ | -62 t€ | -71 t€ | -76 t€ | -63 t€ | -58 t€ |
| Operating profit (loss) | -22 t€ | 23 t€ | 4 111 € | 30 t€ | 1 912 € | 19 t€ |
| Financial income and expenses + (-) | -9 706 € | -743 € | -627 € | -901 € | 23 t€ | -668 € |
| Profit (loss) before appropriations and taxes | -13 t€ | 22 t€ | 3 485 € | 29 t€ | 25 t€ | 18 t€ |
| Income taxes | 0 € | -4 526 € | -707 € | -5 776 € | -5 067 € | -3 649 € |
| Profit (loss) for the financial year | -13 t€ | 18 t€ | 2 778 € | 23 t€ | 20 t€ | 15 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Non-current assets | 9 649 € | 98 t€ | 100 t€ | 102 t€ | 106 t€ | 91 t€ |
| Stocks | 7 879 € | 7 759 € | 8 266 € | 10 t€ | 8 969 € | 14 t€ |
| Receivables | 8 017 € | 4 812 € | 9 354 € | 6 069 € | 5 126 € | 4 996 € |
| Cash in hand and at banks | 38 t€ | 48 t€ | 76 t€ | 77 t€ | 73 t€ | 87 t€ |
| Current assets | 54 t€ | 61 t€ | 94 t€ | 94 t€ | 87 t€ | 105 t€ |
| Assets | 64 t€ | 159 t€ | 194 t€ | 196 t€ | 193 t€ | 196 t€ |
| Share capital or other similar capital | 8 409 € | 8 409 € | 8 409 € | 8 409 € | 8 409 € | 8 409 € |
| Capital and reserves | 14 t€ | 125 t€ | 127 t€ | 144 t€ | 141 t€ | 141 t€ |
| Long-term liabilities | 3 256 € | 5 603 € | 7 847 € | 10 t€ | 5 697 € | 10 t€ |
| Short-term liabilities | 46 t€ | 29 t€ | 60 t€ | 42 t€ | 47 t€ | 45 t€ |
| Liabilities | 50 t€ | 34 t€ | 67 t€ | 52 t€ | 52 t€ | 56 t€ |
All financial statement items (53)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 450 t€ | 480 t€ | 506 t€ | 500 t€ | 442 t€ | 425 t€ |
| Other operating income | – | 0 € | 1 120 € | 867 € | 12 t€ | 0 € |
| Raw materials and services | 126 t€ | -110 t€ | -122 t€ | -115 t€ | -106 t€ | -96 t€ |
| Personnel expenses | 270 t€ | -282 t€ | -306 t€ | -276 t€ | -278 t€ | -246 t€ |
| Depreciations and reductions in value | 2 628 € | -2 722 € | -3 474 € | -4 040 € | -5 271 € | -4 773 € |
| Other operating expenses | 75 t€ | -62 t€ | -71 t€ | -76 t€ | -63 t€ | -58 t€ |
| Operating profit (loss) | -22 t€ | 23 t€ | 4 111 € | 30 t€ | 1 912 € | 19 t€ |
| Financial income and expenses + (-) | -9 706 € | -743 € | -627 € | -901 € | 23 t€ | -668 € |
| Profit (loss) before appropriations and taxes | -13 t€ | 22 t€ | 3 485 € | 29 t€ | 25 t€ | 18 t€ |
| Income taxes | 0 € | -4 526 € | -707 € | -5 776 € | -5 067 € | -3 649 € |
| Profit (loss) for the financial year | -13 t€ | 18 t€ | 2 778 € | 23 t€ | 20 t€ | 15 t€ |
| Non-current assets | 9 649 € | 98 t€ | 100 t€ | 102 t€ | 106 t€ | 91 t€ |
| Stocks | 7 879 € | 7 759 € | 8 266 € | 10 t€ | 8 969 € | 14 t€ |
| Receivables | 8 017 € | 4 812 € | 9 354 € | 6 069 € | 5 126 € | 4 996 € |
| Cash in hand and at banks | 38 t€ | 48 t€ | 76 t€ | 77 t€ | 73 t€ | 87 t€ |
| Current assets | 54 t€ | 61 t€ | 94 t€ | 94 t€ | 87 t€ | 105 t€ |
| Assets | 64 t€ | 159 t€ | 194 t€ | 196 t€ | 193 t€ | 196 t€ |
| Share capital or other similar capital | 8 409 € | 8 409 € | 8 409 € | 8 409 € | 8 409 € | 8 409 € |
| Capital and reserves | 14 t€ | 125 t€ | 127 t€ | 144 t€ | 141 t€ | 141 t€ |
| Long-term liabilities | 3 256 € | 5 603 € | 7 847 € | 10 t€ | 5 697 € | 10 t€ |
| Short-term liabilities | 46 t€ | 29 t€ | 60 t€ | 42 t€ | 47 t€ | 45 t€ |
| Liabilities | 50 t€ | 34 t€ | 67 t€ | 52 t€ | 52 t€ | 56 t€ |
| Purchases during the financial year | 102 t€ | -105 t€ | -120 t€ | -116 t€ | -101 t€ | -100 t€ |
| Depreciations according to plan | 2 628 € | -2 722 € | -3 474 € | -4 040 € | -5 271 € | -4 773 € |
| Intangible rights | 150 € | 150 € | 150 € | 150 € | 150 € | 150 € |
| Pension expenses | 43 t€ | -51 t€ | -51 t€ | -48 t€ | -46 t€ | -41 t€ |
| Short-term sales receivables | 3 727 € | 2 605 € | 3 390 € | 4 161 € | 3 696 € | 2 561 € |
| Tangible assets | 7 884 € | 8 166 € | 10 t€ | 12 t€ | 16 t€ | 14 t€ |
| Wages and salaries | 219 t€ | -224 t€ | -250 t€ | -223 t€ | -223 t€ | -201 t€ |
| Other short-term receivables | 1 133 € | 35 € | 0 € | – | 0 € | 494 € |
| Other shares and similar rights of ownership | 50 € | 88 t€ | 88 t€ | 88 t€ | 88 t€ | 75 t€ |
| Profit (loss) for the period, equity | -13 t€ | 18 t€ | 2 778 € | 23 t€ | 20 t€ | 15 t€ |
| Other social security expenses | 7 813 € | -7 426 € | -5 019 € | -4 526 € | -9 192 € | -5 279 € |
| Intangible assets | 1 714 € | 1 714 € | 1 714 € | 1 714 € | 1 714 € | 1 714 € |
| Short-term accounts payable | 8 279 € | 8 063 € | 6 868 € | 11 t€ | 7 343 € | 6 864 € |
| Machinery and equipment | 7 884 € | 8 166 € | 10 t€ | 12 t€ | 16 t€ | 14 t€ |
| Other interest and financial income from non-group companies | 149 € | 69 € | 152 € | 90 € | 271 € | 18 € |
| Liabilities | 64 t€ | 159 t€ | 194 t€ | 196 t€ | 193 t€ | 196 t€ |
| Short-term prepayments and accrued income | 2 751 € | 1 766 € | 5 557 € | 1 502 € | 1 024 € | 1 534 € |
| Services purchased | 24 t€ | -4 968 € | 0 € | – | – | – |
| Retained earnings | 18 t€ | 98 t€ | 115 t€ | 112 t€ | 112 t€ | 118 t€ |
| Income from other investments under non-current assets, from other companies | 10 t€ | 0 € | – | 0 € | 24 t€ | 0 € |
| Long-term accounts payable | 3 256 € | 5 603 € | 7 847 € | 10 t€ | 5 697 € | 10 t€ |
| Inventory increase (+) or decrease (-) | -120 € | -507 € | -2 174 € | 1 471 € | -4 879 € | 3 293 € |
| Short-term accrued expenses and deferred income | 18 t€ | 11 t€ | 21 t€ | 19 t€ | 30 t€ | 28 t€ |
| Other long-term receivables | 406 € | 406 € | 406 € | 406 € | 406 € | 406 € |
| Investments | 50 € | 88 t€ | 88 t€ | 88 t€ | 88 t€ | 75 t€ |
| Long-term receivables | 406 € | 406 € | 406 € | 406 € | 406 € | 406 € |
| Other current liabilities | 20 t€ | 9 216 € | 32 t€ | 11 t€ | 8 955 € | 11 t€ |
| Materials and supplies | 7 879 € | 7 759 € | 8 266 € | 10 t€ | 8 969 € | 14 t€ |
| Interest expenses and other financial expenses for non-Group companies | 589 € | -811 € | -778 € | -991 € | -540 € | -686 € |
| Other intangible assets | 1 564 € | 1 564 € | 1 564 € | 1 564 € | 1 564 € | 1 564 € |
| Short-term receivables | 7 611 € | 4 406 € | 8 947 € | 5 663 € | 4 720 € | 4 589 € |
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, Konditoria Huovila Oy is in the lower half of the industry class manufacture of bread; manufacture of fresh pastry goods and cakes (159 companies with taxable income; median 28 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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