VEK-Kuljetus Oy is a limited company based in Seinäjoki, registered in 1996. In the financial year ending 28.2.2026, revenue was 126 t€ and operating profit 4 995 €; equity ratio 88.7 %. Its taxable income in 2024 was 43 t€ and its income taxes 6 130 €.
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Financials
| Key figures | 28.2.2026 | 28.2.2025 | 29.2.2024 | 28.2.2023 | 28.2.2022 | 28.2.2021 |
|---|---|---|---|---|---|---|
| Revenue | 126 t€ | 329 t€ | 436 t€ | 355 t€ | 429 t€ | 615 t€ |
| Revenue change | -61,6 % | -24,5 % | 22,7 % | -17,2 % | -30,2 % | – |
| EBITDA | 1 756 € | 79 t€ | 57 t€ | 186 € | 167 t€ | 21 t€ |
| EBITDA % | 1,4 % | 24,0 % | 13,0 % | 0,1 % | 38,9 % | 3,3 % |
| Operating profit | 4 995 € | 75 t€ | 51 t€ | -6 918 € | 148 t€ | 19 t€ |
| Operating margin | 4,0 % | 22,7 % | 11,7 % | -1,9 % | 34,5 % | 3,0 % |
| Net profit | 4 037 € | 60 t€ | 42 t€ | -8 367 € | 120 t€ | 17 t€ |
| Personnel costs | -67 t€ | 55 t€ | 76 t€ | 60 t€ | 71 t€ | 85 t€ |
| Equity ratio | 88,7 % | 97,4 % | 96,7 % | 92,1 % | 82,0 % | 87,6 % |
| Quick ratio | 0,45 | 6,03 | 4,07 | 1,29 | 1,23 | 1,66 |
| Current ratio | 8,28 | 36,47 | 28,15 | 12,81 | 6,06 | 12,62 |
| Debt to revenue | 44,2 % | 3,9 % | 4,1 % | 12,6 % | 27,9 % | 11,7 % |
| Return on equity | 0,9 % | 12,2 % | 8,1 % | -1,6 % | 22,0 % | 3,4 % |
| Balance sheet total | 493 t€ | 501 t€ | 536 t€ | 562 t€ | 666 t€ | 581 t€ |
| Equity | 437 t€ | 488 t€ | 518 t€ | 518 t€ | 546 t€ | 509 t€ |
| Cash and bank | 14 t€ | 58 t€ | 48 t€ | 9 055 € | 71 t€ | 33 t€ |
Balance sheet
Income statement and balance sheet
Income statement
| 28.2.2026 | 28.2.2025 | 29.2.2024 | 28.2.2023 | 28.2.2022 | 28.2.2021 | |
|---|---|---|---|---|---|---|
| Turnover | 126 t€ | 329 t€ | 436 t€ | 355 t€ | 429 t€ | 615 t€ |
| Other operating income | – | – | 0 € | 1 218 € | 0 € | – |
| Raw materials and services | 13 t€ | -146 t€ | -247 t€ | -252 t€ | -140 t€ | -463 t€ |
| Personnel expenses | 67 t€ | -55 t€ | -76 t€ | -60 t€ | -71 t€ | -85 t€ |
| Depreciations and reductions in value | 3 240 € | -4 320 € | -5 760 € | -7 104 € | -19 t€ | -1 984 € |
| Other operating expenses | 38 t€ | -49 t€ | -56 t€ | -45 t€ | -51 t€ | -46 t€ |
| Operating profit (loss) | 4 995 € | 75 t€ | 51 t€ | -6 918 € | 148 t€ | 19 t€ |
| Financial income and expenses + (-) | -41 € | 105 € | -472 € | -1 035 € | -1 252 € | -1 224 € |
| Profit (loss) before appropriations and taxes | 5 036 € | 75 t€ | 50 t€ | -7 953 € | 147 t€ | 17 t€ |
| Income taxes | 999 € | -15 t€ | -8 586 € | -413 € | -27 t€ | 0 € |
| Profit (loss) for the financial year | 4 037 € | 60 t€ | 42 t€ | -8 367 € | 120 t€ | 17 t€ |
Balance sheet
| 28.2.2026 | 28.2.2025 | 29.2.2024 | 28.2.2023 | 28.2.2022 | 28.2.2021 | |
|---|---|---|---|---|---|---|
| Non-current assets | 30 t€ | 33 t€ | 38 t€ | 42 t€ | 77 t€ | 26 t€ |
| Stocks | 438 t€ | 390 t€ | 426 t€ | 468 t€ | 469 t€ | 482 t€ |
| Receivables | 12 t€ | 19 t€ | 25 t€ | 43 t€ | 48 t€ | 40 t€ |
| Cash in hand and at banks | 14 t€ | 58 t€ | 48 t€ | 9 055 € | 71 t€ | 33 t€ |
| Current assets | 463 t€ | 467 t€ | 498 t€ | 521 t€ | 589 t€ | 555 t€ |
| Assets | 493 t€ | 501 t€ | 536 t€ | 562 t€ | 666 t€ | 581 t€ |
| Share capital or other similar capital | 8 000 € | 8 000 € | 8 000 € | 8 000 € | 8 000 € | 8 000 € |
| Capital and reserves | 437 t€ | 488 t€ | 518 t€ | 518 t€ | 546 t€ | 509 t€ |
| Long-term liabilities | – | – | 0 € | 4 000 € | 22 t€ | 28 t€ |
| Short-term liabilities | 56 t€ | 13 t€ | 18 t€ | 41 t€ | 97 t€ | 44 t€ |
| Liabilities | 56 t€ | 13 t€ | 18 t€ | 45 t€ | 120 t€ | 72 t€ |
All financial statement items (48)
| 28.2.2026 | 28.2.2025 | 29.2.2024 | 28.2.2023 | 28.2.2022 | 28.2.2021 | |
|---|---|---|---|---|---|---|
| Turnover | 126 t€ | 329 t€ | 436 t€ | 355 t€ | 429 t€ | 615 t€ |
| Other operating income | – | – | 0 € | 1 218 € | 0 € | – |
| Raw materials and services | 13 t€ | -146 t€ | -247 t€ | -252 t€ | -140 t€ | -463 t€ |
| Personnel expenses | 67 t€ | -55 t€ | -76 t€ | -60 t€ | -71 t€ | -85 t€ |
| Depreciations and reductions in value | 3 240 € | -4 320 € | -5 760 € | -7 104 € | -19 t€ | -1 984 € |
| Other operating expenses | 38 t€ | -49 t€ | -56 t€ | -45 t€ | -51 t€ | -46 t€ |
| Operating profit (loss) | 4 995 € | 75 t€ | 51 t€ | -6 918 € | 148 t€ | 19 t€ |
| Financial income and expenses + (-) | -41 € | 105 € | -472 € | -1 035 € | -1 252 € | -1 224 € |
| Profit (loss) before appropriations and taxes | 5 036 € | 75 t€ | 50 t€ | -7 953 € | 147 t€ | 17 t€ |
| Income taxes | 999 € | -15 t€ | -8 586 € | -413 € | -27 t€ | 0 € |
| Profit (loss) for the financial year | 4 037 € | 60 t€ | 42 t€ | -8 367 € | 120 t€ | 17 t€ |
| Non-current assets | 30 t€ | 33 t€ | 38 t€ | 42 t€ | 77 t€ | 26 t€ |
| Stocks | 438 t€ | 390 t€ | 426 t€ | 468 t€ | 469 t€ | 482 t€ |
| Receivables | 12 t€ | 19 t€ | 25 t€ | 43 t€ | 48 t€ | 40 t€ |
| Cash in hand and at banks | 14 t€ | 58 t€ | 48 t€ | 9 055 € | 71 t€ | 33 t€ |
| Current assets | 463 t€ | 467 t€ | 498 t€ | 521 t€ | 589 t€ | 555 t€ |
| Assets | 493 t€ | 501 t€ | 536 t€ | 562 t€ | 666 t€ | 581 t€ |
| Share capital or other similar capital | 8 000 € | 8 000 € | 8 000 € | 8 000 € | 8 000 € | 8 000 € |
| Capital and reserves | 437 t€ | 488 t€ | 518 t€ | 518 t€ | 546 t€ | 509 t€ |
| Long-term liabilities | – | – | 0 € | 4 000 € | 22 t€ | 28 t€ |
| Short-term liabilities | 56 t€ | 13 t€ | 18 t€ | 41 t€ | 97 t€ | 44 t€ |
| Liabilities | 56 t€ | 13 t€ | 18 t€ | 45 t€ | 120 t€ | 72 t€ |
| Other stocks | 438 t€ | 390 t€ | 426 t€ | 468 t€ | 469 t€ | 482 t€ |
| Profit (loss) for the period, equity | 4 037 € | 60 t€ | 42 t€ | -8 367 € | 120 t€ | 17 t€ |
| Machinery and equipment | 9 720 € | 13 t€ | 17 t€ | 21 t€ | 57 t€ | 5 952 € |
| Other shares and similar rights of ownership | 20 t€ | 20 t€ | 20 t€ | 20 t€ | 20 t€ | 20 t€ |
| Pension expenses | 5 138 € | -12 t€ | -14 t€ | -12 t€ | -11 t€ | -12 t€ |
| Short-term accounts payable | 0 € | 4 198 € | 6 005 € | 5 610 € | 13 t€ | 9 625 € |
| Short-term prepayments and accrued income | 9 898 € | 2 186 € | 8 592 € | 8 829 € | 476 € | 15 t€ |
| Liabilities | 493 t€ | 501 t€ | 536 t€ | 562 t€ | 666 t€ | 581 t€ |
| Short-term accrued expenses and deferred income | 55 t€ | 1 950 € | 6 836 € | 9 783 € | 24 t€ | 12 t€ |
| Short-term sales receivables | 0 € | 17 t€ | 16 t€ | 25 t€ | 23 t€ | 23 t€ |
| Interest expenses and other financial expenses for non-Group companies | 0 € | -2 € | -502 € | -1 043 € | -1 298 € | -1 269 € |
| Short-term liabilities to credit institutions | – | – | 0 € | 18 t€ | 25 t€ | 12 t€ |
| Other current liabilities | 874 € | 6 668 € | 4 866 € | 6 888 € | 36 t€ | 10 t€ |
| Short-term receivables | 12 t€ | 19 t€ | 25 t€ | 43 t€ | 48 t€ | 40 t€ |
| Other short-term receivables | 1 724 € | 339 € | 0 € | 9 926 € | 25 t€ | 1 325 € |
| Retained earnings | 425 t€ | 420 t€ | 468 t€ | 518 t€ | 418 t€ | 484 t€ |
| Investments | 20 t€ | 20 t€ | 20 t€ | 20 t€ | 20 t€ | 20 t€ |
| Inventory increase (+) or decrease (-) | -47 t€ | -36 t€ | -42 t€ | -1 131 € | -12 t€ | 17 t€ |
| Depreciations according to plan | 3 240 € | -4 320 € | -5 760 € | -7 104 € | -19 t€ | -1 984 € |
| Tangible assets | 9 720 € | 13 t€ | 17 t€ | 21 t€ | 57 t€ | 5 952 € |
| Services purchased | 10 t€ | 0 € | -15 t€ | 0 € | -2 620 € | -538 € |
| Long-term liabilities to credit institutions | – | – | 0 € | 4 000 € | 22 t€ | 28 t€ |
| Purchases during the financial year | 50 t€ | -110 t€ | -190 t€ | -251 t€ | -125 t€ | -479 t€ |
| Other interest and financial income from non-group companies | 41 € | 107 € | 30 € | 8 € | 46 € | 45 € |
| Other social security expenses | 1 910 € | -5 336 € | -5 560 € | -4 876 € | -9 378 € | -4 130 € |
| Wages and salaries | 60 t€ | -38 t€ | -57 t€ | -43 t€ | -51 t€ | -69 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, VEK-Kuljetus Oy is in the upper half of the industry class freight transport by road (2782 companies with taxable income; median 34 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.