Millespakka Oy is a limited company based in Alajärvi, registered in 1997. In the financial year ending 31.12.2025, revenue was 1,5 M€ and operating profit 53 t€; equity ratio 94.3 %. Its taxable income in 2024 was 122 t€ and its income taxes 25 t€.
Revenue 20251,5 M€-4 % on the previous year
Operating profit53 t€3,6 % of revenue
Net profit61 t€EBITDA -76 t€
Equity ratio94,3 %quick ratio 8,82
Taxable income 2024122 t€
lower half of its industry
Income taxes 202425 t€300 t€ in 2020–2024
In business29 yrsregistered 24.2.1997
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€ | 1,6 M€ | 1,4 M€ | 1,5 M€ | 1,6 M€ | 1,5 M€ |
| Revenue change | -4,3 % | 8,7 % | -4,9 % | -6,9 % | 4,9 % | – |
| EBITDA | -76 t€ | 216 t€ | 361 t€ | 579 t€ | 490 t€ | 471 t€ |
| EBITDA % | -5,1 % | 13,8 % | 25,1 % | 38,4 % | 30,2 % | 30,5 % |
| Operating profit | 53 t€ | 79 t€ | 235 t€ | 454 t€ | 323 t€ | 302 t€ |
| Operating margin | 3,6 % | 5,1 % | 16,4 % | 30,1 % | 20,0 % | 19,6 % |
| Net profit | 61 t€ | 95 t€ | 199 t€ | 366 t€ | 262 t€ | 249 t€ |
| Personnel costs | -248 t€ | 243 t€ | 239 t€ | 245 t€ | 242 t€ | 199 t€ |
| Equity ratio | 94,3 % | 94,8 % | 94,4 % | 93,5 % | 93,4 % | 94,1 % |
| Quick ratio | 8,82 | 9,05 | 9,09 | 8,98 | 7,75 | 8,52 |
| Current ratio | 8,82 | 9,05 | 9,09 | 8,98 | 7,75 | 8,52 |
| Debt to revenue | 15,7 % | 13,3 % | 15,3 % | 16,3 % | 13,7 % | 11,7 % |
| Return on equity | 1,6 % | 2,5 % | 5,3 % | 10,4 % | 8,3 % | 8,6 % |
| Balance sheet total | 4,1 M€ | 4,0 M€ | 3,9 M€ | 3,8 M€ | 3,4 M€ | 3,1 M€ |
| Equity | 3,9 M€ | 3,8 M€ | 3,7 M€ | 3,5 M€ | 3,2 M€ | 2,9 M€ |
| Cash and bank | 1,8 M€ | 1,6 M€ | 1,8 M€ | 2,0 M€ | 1,5 M€ | 1,3 M€ |
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€ | 1,6 M€ | 1,4 M€ | 1,5 M€ | 1,6 M€ | 1,5 M€ |
| Other operating income | 0 € | 6 179 € | 0 € | – | – | – |
| Raw materials and services | 773 t€ | -773 t€ | -572 t€ | -449 t€ | -675 t€ | -675 t€ |
| Personnel expenses | 248 t€ | -243 t€ | -239 t€ | -245 t€ | -242 t€ | -199 t€ |
| Depreciations and reductions in value | 129 t€ | -136 t€ | -126 t€ | -125 t€ | -167 t€ | -169 t€ |
| Other operating expenses | 289 t€ | -335 t€ | -263 t€ | -237 t€ | -213 t€ | -200 t€ |
| Operating profit (loss) | 53 t€ | 79 t€ | 235 t€ | 454 t€ | 323 t€ | 302 t€ |
| Financial income and expenses + (-) | -24 t€ | 40 t€ | 14 t€ | 4 006 € | 4 493 € | 9 346 € |
| Profit (loss) before appropriations and taxes | 77 t€ | 120 t€ | 249 t€ | 458 t€ | 328 t€ | 311 t€ |
| Income taxes | 16 t€ | -24 t€ | -50 t€ | -92 t€ | -66 t€ | -63 t€ |
| Profit (loss) for the financial year | 61 t€ | 95 t€ | 199 t€ | 366 t€ | 262 t€ | 249 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Non-current assets | 2,1 M€ | 2,1 M€ | 1,9 M€ | 1,6 M€ | 1,7 M€ | 1,5 M€ |
| Receivables | 263 t€ | 299 t€ | 201 t€ | 157 t€ | 233 t€ | 214 t€ |
| Cash in hand and at banks | 1,8 M€ | 1,6 M€ | 1,8 M€ | 2,0 M€ | 1,5 M€ | 1,3 M€ |
| Current assets | 2,1 M€ | 1,9 M€ | 2,0 M€ | 2,2 M€ | 1,7 M€ | 1,5 M€ |
| Assets | 4,1 M€ | 4,0 M€ | 3,9 M€ | 3,8 M€ | 3,4 M€ | 3,1 M€ |
| Share capital or other similar capital | 215 t€ | 215 t€ | 215 t€ | 215 t€ | 215 t€ | 215 t€ |
| Capital and reserves | 3,9 M€ | 3,8 M€ | 3,7 M€ | 3,5 M€ | 3,2 M€ | 2,9 M€ |
| Short-term liabilities | 234 t€ | 208 t€ | 220 t€ | 245 t€ | 222 t€ | 181 t€ |
| Liabilities | 234 t€ | 208 t€ | 220 t€ | 245 t€ | 222 t€ | 181 t€ |
All financial statement items (47)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 1,5 M€ | 1,6 M€ | 1,4 M€ | 1,5 M€ | 1,6 M€ | 1,5 M€ |
| Other operating income | 0 € | 6 179 € | 0 € | – | – | – |
| Raw materials and services | 773 t€ | -773 t€ | -572 t€ | -449 t€ | -675 t€ | -675 t€ |
| Personnel expenses | 248 t€ | -243 t€ | -239 t€ | -245 t€ | -242 t€ | -199 t€ |
| Depreciations and reductions in value | 129 t€ | -136 t€ | -126 t€ | -125 t€ | -167 t€ | -169 t€ |
| Other operating expenses | 289 t€ | -335 t€ | -263 t€ | -237 t€ | -213 t€ | -200 t€ |
| Operating profit (loss) | 53 t€ | 79 t€ | 235 t€ | 454 t€ | 323 t€ | 302 t€ |
| Financial income and expenses + (-) | -24 t€ | 40 t€ | 14 t€ | 4 006 € | 4 493 € | 9 346 € |
| Profit (loss) before appropriations and taxes | 77 t€ | 120 t€ | 249 t€ | 458 t€ | 328 t€ | 311 t€ |
| Income taxes | 16 t€ | -24 t€ | -50 t€ | -92 t€ | -66 t€ | -63 t€ |
| Profit (loss) for the financial year | 61 t€ | 95 t€ | 199 t€ | 366 t€ | 262 t€ | 249 t€ |
| Non-current assets | 2,1 M€ | 2,1 M€ | 1,9 M€ | 1,6 M€ | 1,7 M€ | 1,5 M€ |
| Receivables | 263 t€ | 299 t€ | 201 t€ | 157 t€ | 233 t€ | 214 t€ |
| Cash in hand and at banks | 1,8 M€ | 1,6 M€ | 1,8 M€ | 2,0 M€ | 1,5 M€ | 1,3 M€ |
| Current assets | 2,1 M€ | 1,9 M€ | 2,0 M€ | 2,2 M€ | 1,7 M€ | 1,5 M€ |
| Assets | 4,1 M€ | 4,0 M€ | 3,9 M€ | 3,8 M€ | 3,4 M€ | 3,1 M€ |
| Share capital or other similar capital | 215 t€ | 215 t€ | 215 t€ | 215 t€ | 215 t€ | 215 t€ |
| Capital and reserves | 3,9 M€ | 3,8 M€ | 3,7 M€ | 3,5 M€ | 3,2 M€ | 2,9 M€ |
| Short-term liabilities | 234 t€ | 208 t€ | 220 t€ | 245 t€ | 222 t€ | 181 t€ |
| Liabilities | 234 t€ | 208 t€ | 220 t€ | 245 t€ | 222 t€ | 181 t€ |
| Buildings and structures, Owned | 933 t€ | 993 t€ | 802 t€ | 357 t€ | 358 t€ | 124 t€ |
| Purchases during the financial year | 206 t€ | -149 t€ | -96 t€ | -43 t€ | -41 t€ | -24 t€ |
| Short-term receivables | 263 t€ | 299 t€ | 201 t€ | 157 t€ | 233 t€ | 214 t€ |
| Other short-term receivables | 6 913 € | 8 391 € | 28 t€ | 673 € | 4 259 € | 29 t€ |
| Profit (loss) for the period, equity | 61 t€ | 95 t€ | 199 t€ | 366 t€ | 262 t€ | 249 t€ |
| Tangible assets | 1,2 M€ | 1,3 M€ | 1,1 M€ | 701 t€ | 792 t€ | 676 t€ |
| Short-term accrued expenses and deferred income | 37 t€ | 28 t€ | 27 t€ | 48 t€ | 76 t€ | 26 t€ |
| Interest expenses and other financial expenses for non-Group companies | 182 € | -40 € | -40 € | -81 € | -43 € | -445 € |
| Other shares and similar rights of ownership | 865 t€ | 865 t€ | 865 t€ | 865 t€ | 865 t€ | 865 t€ |
| Other social security expenses | 6 636 € | -7 138 € | -7 214 € | -4 677 € | -6 535 € | -5 998 € |
| Short-term sales receivables | 213 t€ | 209 t€ | 156 t€ | 156 t€ | 184 t€ | 162 t€ |
| Depreciations according to plan | 129 t€ | -136 t€ | -126 t€ | -125 t€ | -167 t€ | -169 t€ |
| Reserve for invested non-restricted equity | 54 t€ | 54 t€ | 54 t€ | 54 t€ | 54 t€ | 54 t€ |
| Other current liabilities | 22 t€ | 22 t€ | 14 t€ | 35 t€ | 23 t€ | 9 458 € |
| Short-term accounts payable | 175 t€ | 158 t€ | 178 t€ | 137 t€ | 98 t€ | 145 t€ |
| Retained earnings | 3,5 M€ | 3,5 M€ | 3,3 M€ | 2,9 M€ | 2,6 M€ | 2,4 M€ |
| Machinery and equipment | 130 t€ | 151 t€ | 133 t€ | 170 t€ | 221 t€ | 275 t€ |
| Wages and salaries | 208 t€ | -203 t€ | -199 t€ | -210 t€ | -206 t€ | -169 t€ |
| Other interest and financial income from non-group companies | 24 t€ | 40 t€ | 14 t€ | 4 086 € | 4 536 € | 9 791 € |
| Land and water areas, Owned | 78 t€ | 78 t€ | 73 t€ | 70 t€ | 70 t€ | 68 t€ |
| Short-term liabilities to credit institutions | – | – | 0 € | 25 t€ | 25 t€ | 0 € |
| Investments | 865 t€ | 865 t€ | 865 t€ | 865 t€ | 865 t€ | 865 t€ |
| Other tangible assets | 47 t€ | 60 t€ | 73 t€ | 104 t€ | 143 t€ | 209 t€ |
| Pension expenses | 33 t€ | -32 t€ | -32 t€ | -30 t€ | -30 t€ | -23 t€ |
| Services purchased | 568 t€ | -624 t€ | -476 t€ | -405 t€ | -634 t€ | -651 t€ |
| Liabilities | 4,1 M€ | 4,0 M€ | 3,9 M€ | 3,8 M€ | 3,4 M€ | 3,1 M€ |
| Short-term prepayments and accrued income | 42 t€ | 81 t€ | 17 t€ | 0 € | 45 t€ | 23 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, Millespakka Oy is in the lower half of the industry class landfilling or permanent storage (52 companies with taxable income; median 124 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.
Procurements as a buyer
Follow companies in your area
New companies, bankruptcies and changes of CEO and property manager in the areas and industries you choose, by email. 14-day free trial, cancel any time.
Try for free