AH Elens Oy is a limited company based in Kuopio, registered in 1996. In the financial year ending 31.12.2025, revenue was 1,5 M€ and operating profit 52 t€; equity ratio 64.9 %. Its taxable income in 2024 was 43 t€ and its income taxes 8 548 €. Public buyers bought 12 t€ from it in 2022–2025; the largest buyer is Pelastusopisto (Sisäministeriön hallinnonala). Latest Trade Register entry: change of ceo, 1.1.2026.
Revenue 20251,5 M€-8 % on the previous year
Operating profit52 t€3,4 % of revenue
Net profit48 t€EBITDA 5 910 €
Equity ratio64,9 %quick ratio 1,97
Taxable income 202443 t€
upper half of its industry
Income taxes 20248 548 €82 t€ in 2020–2024
In business30 yrsregistered 28.5.1996
Sales to public buyers12 t€2022–2025
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 | 1,5 M€ | 1,7 M€ | 1,6 M€ | 1,5 M€ | 1,5 M€ | 1,4 M€ |
| Revenue change | -7,9 % | 3,1 % | 6,5 % | 4,2 % | 7,9 % | – |
| EBITDA | 5 910 € | 98 t€ | 177 t€ | 6 994 € | 153 t€ | 173 t€ |
| EBITDA % | 0,4 % | 5,9 % | 11,0 % | 0,5 % | 10,5 % | 12,8 % |
| Operating profit | 52 t€ | 37 t€ | 120 t€ | -32 t€ | 119 t€ | 154 t€ |
| Operating margin | 3,4 % | 2,2 % | 7,4 % | -2,1 % | 8,1 % | 11,4 % |
| Net profit | 48 t€ | 30 t€ | 100 t€ | -34 t€ | 92 t€ | 122 t€ |
| Personnel costs | -1,1 M€ | 1,1 M€ | 1,1 M€ | 1,1 M€ | 966 t€ | 896 t€ |
| Equity ratio | 64,9 % | 62,8 % | 58,2 % | 52,4 % | 55,9 % | 63,5 % |
| Quick ratio | 1,97 | 1,62 | 1,57 | 1,35 | 2,22 | 2,67 |
| Current ratio | 1,97 | 1,62 | 1,57 | 1,35 | 2,22 | 2,67 |
| Debt to revenue | 16,9 % | 16,7 % | 21,4 % | 24,7 % | 26,3 % | 18,2 % |
| Return on equity | 10,0 % | 6,5 % | 20,9 % | -8,3 % | 18,9 % | 28,4 % |
| Balance sheet total | 742 t€ | 750 t€ | 827 t€ | 789 t€ | 871 t€ | 675 t€ |
| Equity | 481 t€ | 471 t€ | 481 t€ | 413 t€ | 487 t€ | 429 t€ |
| Cash and bank | 142 t€ | 141 t€ | 200 t€ | 153 t€ | 384 t€ | 382 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 | 1,5 M€ | 1,7 M€ | 1,6 M€ | 1,5 M€ | 1,5 M€ | 1,4 M€ |
| Other operating income | 40 t€ | 10 t€ | 9 888 € | 6 077 € | 9 862 € | 40 t€ |
| Raw materials and services | 78 t€ | -118 t€ | -53 t€ | -77 t€ | -46 t€ | -48 t€ |
| Personnel expenses | 1,1 M€ | -1,1 M€ | -1,1 M€ | -1,1 M€ | -966 t€ | -896 t€ |
| Depreciations and reductions in value | 46 t€ | -61 t€ | -58 t€ | -39 t€ | -34 t€ | -19 t€ |
| Other operating expenses | 343 t€ | -326 t€ | -340 t€ | -315 t€ | -305 t€ | -276 t€ |
| Operating profit (loss) | 52 t€ | 37 t€ | 120 t€ | -32 t€ | 119 t€ | 154 t€ |
| Financial income and expenses + (-) | -8 653 € | 1 514 € | -1 945 € | -2 337 € | -3 202 € | -892 € |
| Profit (loss) before appropriations and taxes | 61 t€ | 39 t€ | 118 t€ | -34 t€ | 116 t€ | 153 t€ |
| Income taxes | 13 t€ | -8 163 € | -17 t€ | 0 € | -24 t€ | -31 t€ |
| Profit (loss) for the financial year | 48 t€ | 30 t€ | 100 t€ | -34 t€ | 92 t€ | 122 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Non-current assets | 274 t€ | 363 t€ | 358 t€ | 306 t€ | 246 t€ | 56 t€ |
| Receivables | 325 t€ | 246 t€ | 269 t€ | 331 t€ | 241 t€ | 237 t€ |
| Cash in hand and at banks | 142 t€ | 141 t€ | 200 t€ | 153 t€ | 384 t€ | 382 t€ |
| Current assets | 467 t€ | 387 t€ | 469 t€ | 484 t€ | 625 t€ | 619 t€ |
| Assets | 742 t€ | 750 t€ | 827 t€ | 789 t€ | 871 t€ | 675 t€ |
| Share capital or other similar capital | 8 100 € | 8 100 € | 8 100 € | 8 100 € | 8 100 € | 8 100 € |
| Capital and reserves | 481 t€ | 471 t€ | 481 t€ | 413 t€ | 487 t€ | 429 t€ |
| Long-term liabilities | 23 t€ | 40 t€ | 48 t€ | 17 t€ | 103 t€ | 14 t€ |
| Short-term liabilities | 238 t€ | 239 t€ | 298 t€ | 359 t€ | 282 t€ | 232 t€ |
| Liabilities | 261 t€ | 279 t€ | 346 t€ | 376 t€ | 384 t€ | 246 t€ |
All financial statement items (49)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 1,5 M€ | 1,7 M€ | 1,6 M€ | 1,5 M€ | 1,5 M€ | 1,4 M€ |
| Other operating income | 40 t€ | 10 t€ | 9 888 € | 6 077 € | 9 862 € | 40 t€ |
| Raw materials and services | 78 t€ | -118 t€ | -53 t€ | -77 t€ | -46 t€ | -48 t€ |
| Personnel expenses | 1,1 M€ | -1,1 M€ | -1,1 M€ | -1,1 M€ | -966 t€ | -896 t€ |
| Depreciations and reductions in value | 46 t€ | -61 t€ | -58 t€ | -39 t€ | -34 t€ | -19 t€ |
| Other operating expenses | 343 t€ | -326 t€ | -340 t€ | -315 t€ | -305 t€ | -276 t€ |
| Operating profit (loss) | 52 t€ | 37 t€ | 120 t€ | -32 t€ | 119 t€ | 154 t€ |
| Financial income and expenses + (-) | -8 653 € | 1 514 € | -1 945 € | -2 337 € | -3 202 € | -892 € |
| Profit (loss) before appropriations and taxes | 61 t€ | 39 t€ | 118 t€ | -34 t€ | 116 t€ | 153 t€ |
| Income taxes | 13 t€ | -8 163 € | -17 t€ | 0 € | -24 t€ | -31 t€ |
| Profit (loss) for the financial year | 48 t€ | 30 t€ | 100 t€ | -34 t€ | 92 t€ | 122 t€ |
| Non-current assets | 274 t€ | 363 t€ | 358 t€ | 306 t€ | 246 t€ | 56 t€ |
| Receivables | 325 t€ | 246 t€ | 269 t€ | 331 t€ | 241 t€ | 237 t€ |
| Cash in hand and at banks | 142 t€ | 141 t€ | 200 t€ | 153 t€ | 384 t€ | 382 t€ |
| Current assets | 467 t€ | 387 t€ | 469 t€ | 484 t€ | 625 t€ | 619 t€ |
| Assets | 742 t€ | 750 t€ | 827 t€ | 789 t€ | 871 t€ | 675 t€ |
| Share capital or other similar capital | 8 100 € | 8 100 € | 8 100 € | 8 100 € | 8 100 € | 8 100 € |
| Capital and reserves | 481 t€ | 471 t€ | 481 t€ | 413 t€ | 487 t€ | 429 t€ |
| Long-term liabilities | 23 t€ | 40 t€ | 48 t€ | 17 t€ | 103 t€ | 14 t€ |
| Short-term liabilities | 238 t€ | 239 t€ | 298 t€ | 359 t€ | 282 t€ | 232 t€ |
| Liabilities | 261 t€ | 279 t€ | 346 t€ | 376 t€ | 384 t€ | 246 t€ |
| Other social security expenses | 33 t€ | -28 t€ | -36 t€ | -32 t€ | -25 t€ | -29 t€ |
| Other interest and financial income from non-group companies | 1 193 € | 3 838 € | 5 229 € | 630 € | 0 € | – |
| Short-term accrued expenses and deferred income | 112 t€ | 122 t€ | 109 t€ | 139 t€ | 103 t€ | 129 t€ |
| Tangible assets | 264 t€ | 313 t€ | 308 t€ | 256 t€ | 246 t€ | 56 t€ |
| Pension expenses | 198 t€ | -254 t€ | -214 t€ | -247 t€ | -203 t€ | -186 t€ |
| Reserve for invested non-restricted equity | 2 550 € | 2 550 € | 2 550 € | 2 550 € | 2 550 € | 2 550 € |
| Short-term liabilities to credit institutions | 17 t€ | 21 t€ | 41 t€ | 68 t€ | 18 t€ | 8 944 € |
| Long-term liabilities to credit institutions | 23 t€ | 40 t€ | 48 t€ | 17 t€ | 103 t€ | 14 t€ |
| Liabilities | 742 t€ | 750 t€ | 827 t€ | 789 t€ | 871 t€ | 675 t€ |
| Machinery and equipment | 124 t€ | 168 t€ | 157 t€ | 100 t€ | 84 t€ | 56 t€ |
| Services purchased | 5 898 € | -5 132 € | -10 t€ | -14 t€ | -4 646 € | -18 t€ |
| Wages and salaries | 828 t€ | -857 t€ | -811 t€ | -850 t€ | -738 t€ | -681 t€ |
| Buildings and structures, Owned | 116 t€ | 121 t€ | 126 t€ | 131 t€ | 137 t€ | 0 € |
| Other short-term receivables | 435 € | 0 € | 494 € | 583 € | 0 € | 15 t€ |
| Short-term prepayments and accrued income | 46 t€ | 31 t€ | 41 t€ | 97 t€ | 32 t€ | 45 t€ |
| Purchases during the financial year | 72 t€ | -112 t€ | -42 t€ | -63 t€ | -41 t€ | -29 t€ |
| Investments | 10 t€ | 50 t€ | 50 t€ | 50 t€ | 0 € | – |
| Short-term sales receivables | 279 t€ | 215 t€ | 228 t€ | 234 t€ | 210 t€ | 177 t€ |
| Profit (loss) for the period, equity | 48 t€ | 30 t€ | 100 t€ | -34 t€ | 92 t€ | 122 t€ |
| Land and water areas, Owned | 25 t€ | 25 t€ | 25 t€ | 25 t€ | 25 t€ | 0 € |
| Other current liabilities | 80 t€ | 75 t€ | 74 t€ | 77 t€ | 86 t€ | 64 t€ |
| Interest expenses and other financial expenses for non-Group companies | 3 030 € | -2 324 € | -7 174 € | -2 967 € | -3 202 € | -892 € |
| Retained earnings | 422 t€ | 430 t€ | 370 t€ | 437 t€ | 384 t€ | 297 t€ |
| Other shares and similar rights of ownership | 10 t€ | 50 t€ | 50 t€ | 50 t€ | 0 € | – |
| Income from other investments under non-current assets, from other companies | 10 t€ | 0 € | – | – | – | – |
| Short-term accounts payable | 29 t€ | 22 t€ | 73 t€ | 75 t€ | 75 t€ | 30 t€ |
| Depreciations according to plan | 46 t€ | -61 t€ | -58 t€ | -39 t€ | -34 t€ | -19 t€ |
| Short-term receivables | 325 t€ | 246 t€ | 269 t€ | 331 t€ | 241 t€ | 237 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, AH Elens Oy is in the upper half of the industry class other engineering activities and related technical consultancy (403 companies with taxable income; median 27 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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