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VEK-Kuljetus Oy

Limited company. Freight transport by road.

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 €.

Revenue 2026126 t€-62 % on the previous year
Operating profit4 995 €4,0 % of revenue
Net profit4 037 €EBITDA 1 756 €
Equity ratio88,7 %quick ratio 0,45
Taxable income 202443 t€ upper half of its industry
Income taxes 20246 130 €34 t€ in 2020–2024
In business30 yrsregistered 3.1.1996

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Financials

615 t€429 t€355 t€436 t€329 t€126 t€126 t€19 t€148 t€-6 918 €51 t€75 t€4 995 €17 t€120 t€-8 367 €42 t€60 t€4 037 €2021-022022-022023-022024-022025-022026-02
RevenueOperating profitNet profit
Key figures28.2.202628.2.202529.2.202428.2.202328.2.202228.2.2021
Revenue126 t€329 t€436 t€355 t€429 t€615 t€
Revenue change-61,6 %-24,5 %22,7 %-17,2 %-30,2 %–
EBITDA1 756 €79 t€57 t€186 €167 t€21 t€
EBITDA %1,4 %24,0 %13,0 %0,1 %38,9 %3,3 %
Operating profit4 995 €75 t€51 t€-6 918 €148 t€19 t€
Operating margin4,0 %22,7 %11,7 %-1,9 %34,5 %3,0 %
Net profit4 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 ratio88,7 %97,4 %96,7 %92,1 %82,0 %87,6 %
Quick ratio0,456,034,071,291,231,66
Current ratio8,2836,4728,1512,816,0612,62
Debt to revenue44,2 %3,9 %4,1 %12,6 %27,9 %11,7 %
Return on equity0,9 %12,2 %8,1 %-1,6 %22,0 %3,4 %
Balance sheet total493 t€501 t€536 t€562 t€666 t€581 t€
Equity437 t€488 t€518 t€518 t€546 t€509 t€
Cash and bank14 t€58 t€48 t€9 055 €71 t€33 t€

Balance sheet

581 t€666 t€562 t€536 t€501 t€493 t€493 t€509 t€546 t€518 t€518 t€488 t€437 t€33 t€71 t€9 055 €48 t€58 t€14 t€2021-022022-022023-022024-022025-022026-02
Balance sheet totalEquityCash
Income statement and balance sheet

Income statement

28.2.202628.2.202529.2.202428.2.202328.2.202228.2.2021
Turnover126 t€329 t€436 t€355 t€429 t€615 t€
Other operating income––0 €1 218 €0 €–
Raw materials and services13 t€-146 t€-247 t€-252 t€-140 t€-463 t€
Personnel expenses67 t€-55 t€-76 t€-60 t€-71 t€-85 t€
Depreciations and reductions in value3 240 €-4 320 €-5 760 €-7 104 €-19 t€-1 984 €
Other operating expenses38 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 taxes5 036 €75 t€50 t€-7 953 €147 t€17 t€
Income taxes999 €-15 t€-8 586 €-413 €-27 t€0 €
Profit (loss) for the financial year4 037 €60 t€42 t€-8 367 €120 t€17 t€

Balance sheet

28.2.202628.2.202529.2.202428.2.202328.2.202228.2.2021
Non-current assets30 t€33 t€38 t€42 t€77 t€26 t€
Stocks438 t€390 t€426 t€468 t€469 t€482 t€
Receivables12 t€19 t€25 t€43 t€48 t€40 t€
Cash in hand and at banks14 t€58 t€48 t€9 055 €71 t€33 t€
Current assets463 t€467 t€498 t€521 t€589 t€555 t€
Assets493 t€501 t€536 t€562 t€666 t€581 t€
Share capital or other similar capital8 000 €8 000 €8 000 €8 000 €8 000 €8 000 €
Capital and reserves437 t€488 t€518 t€518 t€546 t€509 t€
Long-term liabilities––0 €4 000 €22 t€28 t€
Short-term liabilities56 t€13 t€18 t€41 t€97 t€44 t€
Liabilities56 t€13 t€18 t€45 t€120 t€72 t€
All financial statement items (48)
28.2.202628.2.202529.2.202428.2.202328.2.202228.2.2021
Turnover126 t€329 t€436 t€355 t€429 t€615 t€
Other operating income––0 €1 218 €0 €–
Raw materials and services13 t€-146 t€-247 t€-252 t€-140 t€-463 t€
Personnel expenses67 t€-55 t€-76 t€-60 t€-71 t€-85 t€
Depreciations and reductions in value3 240 €-4 320 €-5 760 €-7 104 €-19 t€-1 984 €
Other operating expenses38 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 taxes5 036 €75 t€50 t€-7 953 €147 t€17 t€
Income taxes999 €-15 t€-8 586 €-413 €-27 t€0 €
Profit (loss) for the financial year4 037 €60 t€42 t€-8 367 €120 t€17 t€
Non-current assets30 t€33 t€38 t€42 t€77 t€26 t€
Stocks438 t€390 t€426 t€468 t€469 t€482 t€
Receivables12 t€19 t€25 t€43 t€48 t€40 t€
Cash in hand and at banks14 t€58 t€48 t€9 055 €71 t€33 t€
Current assets463 t€467 t€498 t€521 t€589 t€555 t€
Assets493 t€501 t€536 t€562 t€666 t€581 t€
Share capital or other similar capital8 000 €8 000 €8 000 €8 000 €8 000 €8 000 €
Capital and reserves437 t€488 t€518 t€518 t€546 t€509 t€
Long-term liabilities––0 €4 000 €22 t€28 t€
Short-term liabilities56 t€13 t€18 t€41 t€97 t€44 t€
Liabilities56 t€13 t€18 t€45 t€120 t€72 t€
Other stocks438 t€390 t€426 t€468 t€469 t€482 t€
Profit (loss) for the period, equity4 037 €60 t€42 t€-8 367 €120 t€17 t€
Machinery and equipment9 720 €13 t€17 t€21 t€57 t€5 952 €
Other shares and similar rights of ownership20 t€20 t€20 t€20 t€20 t€20 t€
Pension expenses5 138 €-12 t€-14 t€-12 t€-11 t€-12 t€
Short-term accounts payable0 €4 198 €6 005 €5 610 €13 t€9 625 €
Short-term prepayments and accrued income9 898 €2 186 €8 592 €8 829 €476 €15 t€
Liabilities493 t€501 t€536 t€562 t€666 t€581 t€
Short-term accrued expenses and deferred income55 t€1 950 €6 836 €9 783 €24 t€12 t€
Short-term sales receivables0 €17 t€16 t€25 t€23 t€23 t€
Interest expenses and other financial expenses for non-Group companies0 €-2 €-502 €-1 043 €-1 298 €-1 269 €
Short-term liabilities to credit institutions––0 €18 t€25 t€12 t€
Other current liabilities874 €6 668 €4 866 €6 888 €36 t€10 t€
Short-term receivables12 t€19 t€25 t€43 t€48 t€40 t€
Other short-term receivables1 724 €339 €0 €9 926 €25 t€1 325 €
Retained earnings425 t€420 t€468 t€518 t€418 t€484 t€
Investments20 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 plan3 240 €-4 320 €-5 760 €-7 104 €-19 t€-1 984 €
Tangible assets9 720 €13 t€17 t€21 t€57 t€5 952 €
Services purchased10 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 year50 t€-110 t€-190 t€-251 t€-125 t€-479 t€
Other interest and financial income from non-group companies41 €107 €30 €8 €46 €45 €
Other social security expenses1 910 €-5 336 €-5 560 €-4 876 €-9 378 €-4 130 €
Wages and salaries60 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

0 €0 €135 t€0 €43 t€43 t€20202021202220232024

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.

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