W&W Marine Oy Ab is a limited company based in Sipoo, registered in 1996. In the financial year ending 30.9.2025, revenue was 7,1 M€ and operating profit 269 t€; equity ratio 37.0 %. Public buyers bought 143 t€ from it in 2022–2025; the largest buyer is Kulttuurin Ja Vapaa-ajan Toimiala, Helsinki (Helsinki).
Revenue 20257,1 M€+20 % on the previous year
Operating profit269 t€3,8 % of revenue
Net profit27 t€EBITDA 247 t€
Equity ratio37,0 %quick ratio 0,60
Taxable income 20240 €
-100 % on the previous year
Income taxes 20240 €362 t€ in 2020–2024
In business30 yrsregistered 23.9.1996
Sales to public buyers143 t€2022–2025
Financials
RevenueOperating profitNet profit
| Key figures | 30.9.2025 | 30.9.2024 | 30.9.2023 |
|---|---|---|---|
| Revenue | 7,1 M€ | 6,0 M€ | 7,5 M€ |
| Revenue change | 19,8 % | -21,0 % | – |
| EBITDA | 247 t€ | 135 t€ | 199 t€ |
| EBITDA % | 3,5 % | 2,3 % | 2,6 % |
| Operating profit | 269 t€ | 119 t€ | 179 t€ |
| Operating margin | 3,8 % | 2,0 % | 2,4 % |
| Net profit | 27 t€ | -202 t€ | 87 t€ |
| Personnel costs | -432 t€ | 339 t€ | 496 t€ |
| Equity ratio | 37,0 % | 33,3 % | 27,9 % |
| Quick ratio | 0,60 | 0,39 | 0,31 |
| Current ratio | 4,50 | 3,30 | 2,17 |
| Debt to revenue | 32,0 % | 44,7 % | 52,7 % |
| Return on equity | 2,0 % | -15,2 % | 5,6 % |
| Balance sheet total | 3,6 M€ | 4,0 M€ | 5,5 M€ |
| Equity | 1,3 M€ | 1,3 M€ | 1,5 M€ |
| Cash and bank | 13 t€ | 71 t€ | 30 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 30.9.2025 | 30.9.2024 | 30.9.2023 | |
|---|---|---|---|
| Turnover | 7,1 M€ | 6,0 M€ | 7,5 M€ |
| Other operating income | – | 0 € | 150 t€ |
| Raw materials and services | 6,1 M€ | -5,1 M€ | -6,5 M€ |
| Personnel expenses | 432 t€ | -339 t€ | -496 t€ |
| Depreciations and reductions in value | 23 t€ | -16 t€ | -20 t€ |
| Other operating expenses | 363 t€ | -429 t€ | -523 t€ |
| Operating profit (loss) | 269 t€ | 119 t€ | 179 t€ |
| Financial income and expenses + (-) | 242 t€ | -321 t€ | -69 t€ |
| Profit (loss) before appropriations and taxes | 27 t€ | -202 t€ | 110 t€ |
| Income taxes | – | 0 € | -23 t€ |
| Profit (loss) for the financial year | 27 t€ | -202 t€ | 87 t€ |
Balance sheet
| 30.9.2025 | 30.9.2024 | 30.9.2023 | |
|---|---|---|---|
| Non-current assets | 68 t€ | 47 t€ | 60 t€ |
| Stocks | 3,1 M€ | 3,5 M€ | 4,7 M€ |
| Receivables | 463 t€ | 400 t€ | 746 t€ |
| Cash in hand and at banks | 13 t€ | 71 t€ | 30 t€ |
| Current assets | 3,6 M€ | 3,9 M€ | 5,4 M€ |
| Assets | 3,6 M€ | 4,0 M€ | 5,5 M€ |
| Share capital or other similar capital | 10 t€ | 10 t€ | 10 t€ |
| Capital and reserves | 1,3 M€ | 1,3 M€ | 1,5 M€ |
| Long-term liabilities | 1,5 M€ | 1,5 M€ | 1,5 M€ |
| Short-term liabilities | 791 t€ | 1,2 M€ | 2,5 M€ |
| Liabilities | 2,3 M€ | 2,7 M€ | 4,0 M€ |
All financial statement items (55)
| 30.9.2025 | 30.9.2024 | 30.9.2023 | |
|---|---|---|---|
| Turnover | 7,1 M€ | 6,0 M€ | 7,5 M€ |
| Other operating income | – | 0 € | 150 t€ |
| Raw materials and services | 6,1 M€ | -5,1 M€ | -6,5 M€ |
| Personnel expenses | 432 t€ | -339 t€ | -496 t€ |
| Depreciations and reductions in value | 23 t€ | -16 t€ | -20 t€ |
| Other operating expenses | 363 t€ | -429 t€ | -523 t€ |
| Operating profit (loss) | 269 t€ | 119 t€ | 179 t€ |
| Financial income and expenses + (-) | 242 t€ | -321 t€ | -69 t€ |
| Profit (loss) before appropriations and taxes | 27 t€ | -202 t€ | 110 t€ |
| Income taxes | – | 0 € | -23 t€ |
| Profit (loss) for the financial year | 27 t€ | -202 t€ | 87 t€ |
| Non-current assets | 68 t€ | 47 t€ | 60 t€ |
| Stocks | 3,1 M€ | 3,5 M€ | 4,7 M€ |
| Receivables | 463 t€ | 400 t€ | 746 t€ |
| Cash in hand and at banks | 13 t€ | 71 t€ | 30 t€ |
| Current assets | 3,6 M€ | 3,9 M€ | 5,4 M€ |
| Assets | 3,6 M€ | 4,0 M€ | 5,5 M€ |
| Share capital or other similar capital | 10 t€ | 10 t€ | 10 t€ |
| Capital and reserves | 1,3 M€ | 1,3 M€ | 1,5 M€ |
| Long-term liabilities | 1,5 M€ | 1,5 M€ | 1,5 M€ |
| Short-term liabilities | 791 t€ | 1,2 M€ | 2,5 M€ |
| Liabilities | 2,3 M€ | 2,7 M€ | 4,0 M€ |
| Other current liabilities | 33 t€ | 158 t€ | 383 t€ |
| Short-term advances received | 3 984 € | 0 € | – |
| Work in progress | 93 t€ | 72 t€ | 43 t€ |
| Liabilities | 3,6 M€ | 4,0 M€ | 5,5 M€ |
| Long-term liabilities to credit institutions | 1,5 M€ | 1,5 M€ | 1,4 M€ |
| Reserve for invested non-restricted equity | 264 t€ | 174 t€ | 61 t€ |
| Short-term receivables | 463 t€ | 360 t€ | 746 t€ |
| Other short-term receivables | 0 € | 1 706 € | 79 t€ |
| Other interest and financial income from non-group companies | 7 247 € | 8 597 € | 5 814 € |
| Finished products | 1,4 M€ | 0 € | – |
| Long-term accounts payable | 7 017 € | 14 t€ | 28 t€ |
| Machinery and equipment | 68 t€ | 47 t€ | 60 t€ |
| Retained earnings | 1,0 M€ | 1,3 M€ | 1,4 M€ |
| Short-term accounts payable | 495 t€ | 609 t€ | 803 t€ |
| Wages and salaries | 341 t€ | -262 t€ | -388 t€ |
| Short-term sales receivables | 70 t€ | 32 t€ | 149 t€ |
| Profit (loss) for the period, equity | 27 t€ | -202 t€ | 87 t€ |
| Interest expenses and other financial expenses for non-Group companies | 249 t€ | -330 t€ | -75 t€ |
| Long-term receivables | 500 € | 40 t€ | 0 € |
| Short-term prepayments and accrued income | 308 t€ | 319 t€ | 518 t€ |
| Pension expenses | 80 t€ | -69 t€ | -94 t€ |
| Other social security expenses | 11 t€ | -7 227 € | -14 t€ |
| Services purchased | 82 t€ | -74 t€ | -44 t€ |
| Other long-term receivables | 500 € | 40 t€ | 0 € |
| Tangible assets | 68 t€ | 47 t€ | 60 t€ |
| Purchases during the financial year | 5,6 M€ | -3,8 M€ | -7,9 M€ |
| Income from other investments under non-current assets, from other companies | 120 € | 0 € | – |
| Materials and supplies | 1,6 M€ | 3,4 M€ | 4,6 M€ |
| Short-term liabilities to credit institutions | 229 t€ | 375 t€ | 1,2 M€ |
| Short-term loan receivables | 85 t€ | 7 371 € | 0 € |
| Short-term accrued expenses and deferred income | 31 t€ | 54 t€ | 123 t€ |
| Depreciations according to plan | 23 t€ | -16 t€ | -20 t€ |
| Inventory increase (+) or decrease (-) | 387 t€ | -1,2 M€ | 1,5 M€ |
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
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
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