Feasib Oy is a limited company based in Ylivieska, registered in 1996. In the financial year ending 31.12.2025, revenue was 580 t€ and operating profit 43 t€; equity ratio 44.9 %. Public buyers bought 762 t€ from it in 2022–2026; the largest buyer is Energiavirasto (Työ- ja elinkeinoministeriön hallinnonala).
Revenue 2025580 t€+24 % on the previous year
Operating profit43 t€7,5 % of revenue
Net profit44 t€EBITDA 34 t€
Equity ratio44,9 %quick ratio 2,07
Taxable income 20240 €
profit as taxed
Income taxes 20240 €31 t€ in 2020–2024
In business29 yrsregistered 2.12.1996
Sales to public buyers762 t€2022–2026
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 |
|---|---|---|---|---|
| Revenue | 580 t€ | 468 t€ | 322 t€ | 449 t€ |
| Revenue change | 23,9 % | 45,2 % | -28,2 % | – |
| EBITDA | 34 t€ | 13 t€ | 15 t€ | 5 607 € |
| EBITDA % | 5,9 % | 2,8 % | 4,7 % | 1,2 % |
| Operating profit | 43 t€ | 1 560 € | 3 646 € | -7 993 € |
| Operating margin | 7,5 % | 0,3 % | 1,1 % | -1,8 % |
| Net profit | 44 t€ | 1 845 € | 3 793 € | -8 332 € |
| Personnel costs | -329 t€ | 329 t€ | 271 t€ | 305 t€ |
| Equity ratio | 44,9 % | 39,8 % | 65,5 % | 68,8 % |
| Quick ratio | 2,07 | 1,80 | 1,96 | 2,08 |
| Current ratio | 2,07 | 1,80 | 1,96 | 2,08 |
| Debt to revenue | 37,4 % | 46,6 % | 25,1 % | 16,5 % |
| Return on equity | 24,7 % | 1,3 % | 2,5 % | -5,1 % |
| Balance sheet total | 393 t€ | 362 t€ | 235 t€ | 237 t€ |
| Equity | 176 t€ | 144 t€ | 154 t€ | 163 t€ |
| Cash and bank | 198 t€ | 126 t€ | 71 t€ | 96 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 | |
|---|---|---|---|---|
| Turnover | 580 t€ | 468 t€ | 322 t€ | 449 t€ |
| Other operating income | 38 t€ | 68 t€ | 117 t€ | 31 t€ |
| Raw materials and services | 98 t€ | -53 t€ | -41 t€ | -36 t€ |
| Personnel expenses | 329 t€ | -329 t€ | -271 t€ | -305 t€ |
| Depreciations and reductions in value | 8 953 € | -12 t€ | -11 t€ | -14 t€ |
| Other operating expenses | 139 t€ | -141 t€ | -112 t€ | -135 t€ |
| Operating profit (loss) | 43 t€ | 1 560 € | 3 646 € | -7 993 € |
| Financial income and expenses + (-) | 481 € | 285 € | -46 € | -289 € |
| Profit (loss) before appropriations and taxes | 43 t€ | 1 845 € | 3 600 € | -8 282 € |
| Income taxes | -803 € | 0 € | 193 € | -50 € |
| Profit (loss) for the financial year | 44 t€ | 1 845 € | 3 793 € | -8 332 € |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|---|
| Non-current assets | 67 t€ | 76 t€ | 76 t€ | 84 t€ |
| Receivables | 128 t€ | 160 t€ | 88 t€ | 58 t€ |
| Cash in hand and at banks | 198 t€ | 126 t€ | 71 t€ | 96 t€ |
| Current assets | 326 t€ | 286 t€ | 159 t€ | 154 t€ |
| Assets | 393 t€ | 362 t€ | 235 t€ | 237 t€ |
| Share capital or other similar capital | 4 205 € | 4 205 € | 4 205 € | 4 205 € |
| Capital and reserves | 176 t€ | 144 t€ | 154 t€ | 163 t€ |
| Long-term liabilities | 59 t€ | 59 t€ | 0 € | – |
| Short-term liabilities | 158 t€ | 159 t€ | 81 t€ | 74 t€ |
| Liabilities | 217 t€ | 218 t€ | 81 t€ | 74 t€ |
All financial statement items (48)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|---|
| Turnover | 580 t€ | 468 t€ | 322 t€ | 449 t€ |
| Other operating income | 38 t€ | 68 t€ | 117 t€ | 31 t€ |
| Raw materials and services | 98 t€ | -53 t€ | -41 t€ | -36 t€ |
| Personnel expenses | 329 t€ | -329 t€ | -271 t€ | -305 t€ |
| Depreciations and reductions in value | 8 953 € | -12 t€ | -11 t€ | -14 t€ |
| Other operating expenses | 139 t€ | -141 t€ | -112 t€ | -135 t€ |
| Operating profit (loss) | 43 t€ | 1 560 € | 3 646 € | -7 993 € |
| Financial income and expenses + (-) | 481 € | 285 € | -46 € | -289 € |
| Profit (loss) before appropriations and taxes | 43 t€ | 1 845 € | 3 600 € | -8 282 € |
| Income taxes | -803 € | 0 € | 193 € | -50 € |
| Profit (loss) for the financial year | 44 t€ | 1 845 € | 3 793 € | -8 332 € |
| Non-current assets | 67 t€ | 76 t€ | 76 t€ | 84 t€ |
| Receivables | 128 t€ | 160 t€ | 88 t€ | 58 t€ |
| Cash in hand and at banks | 198 t€ | 126 t€ | 71 t€ | 96 t€ |
| Current assets | 326 t€ | 286 t€ | 159 t€ | 154 t€ |
| Assets | 393 t€ | 362 t€ | 235 t€ | 237 t€ |
| Share capital or other similar capital | 4 205 € | 4 205 € | 4 205 € | 4 205 € |
| Capital and reserves | 176 t€ | 144 t€ | 154 t€ | 163 t€ |
| Long-term liabilities | 59 t€ | 59 t€ | 0 € | – |
| Short-term liabilities | 158 t€ | 159 t€ | 81 t€ | 74 t€ |
| Liabilities | 217 t€ | 218 t€ | 81 t€ | 74 t€ |
| Purchases during the financial year | 18 t€ | -13 t€ | -20 t€ | -14 t€ |
| Short-term sales receivables | 114 t€ | 132 t€ | 14 t€ | 44 t€ |
| Short-term prepayments and accrued income | 15 t€ | 26 t€ | 74 t€ | 7 797 € |
| Tangible assets | 47 t€ | 56 t€ | 56 t€ | 64 t€ |
| Intangible assets | – | 0 € | 660 € | 660 € |
| Retained earnings | 129 t€ | 138 t€ | 146 t€ | 167 t€ |
| Other current liabilities | 49 t€ | 58 t€ | 24 t€ | 19 t€ |
| Buildings and structures, Owned | 22 t€ | 24 t€ | 25 t€ | 27 t€ |
| Other interest and financial income from non-group companies | 162 € | 292 € | 2 € | 0 € |
| Liabilities | 393 t€ | 362 t€ | 235 t€ | 237 t€ |
| Other social security expenses | 11 t€ | -9 351 € | -8 107 € | -9 184 € |
| Services purchased | 80 t€ | -40 t€ | -22 t€ | -21 t€ |
| Interest expenses and other financial expenses for non-Group companies | 643 € | -7 € | -47 € | -289 € |
| Investments | 19 t€ | 19 t€ | 19 t€ | 19 t€ |
| Short-term accounts payable | 35 t€ | 35 t€ | 7 191 € | 7 081 € |
| Intangible rights | – | 0 € | 660 € | 660 € |
| Profit (loss) for the period, equity | 44 t€ | 1 845 € | 3 793 € | -8 332 € |
| Depreciations according to plan | 8 953 € | -12 t€ | -11 t€ | -14 t€ |
| Pension expenses | 49 t€ | -45 t€ | -44 t€ | -40 t€ |
| Other shares and similar rights of ownership | 19 t€ | 19 t€ | 19 t€ | 19 t€ |
| Machinery and equipment | 23 t€ | 30 t€ | 29 t€ | 34 t€ |
| Long-term liabilities to credit institutions | 59 t€ | 59 t€ | 0 € | – |
| Other short-term receivables | 12 € | 1 788 € | 12 € | 5 693 € |
| Short-term receivables | 128 t€ | 160 t€ | 88 t€ | 58 t€ |
| Land and water areas, Owned | 2 501 € | 2 501 € | 2 501 € | 2 501 € |
| Wages and salaries | 269 t€ | -275 t€ | -219 t€ | -256 t€ |
| Short-term accrued expenses and deferred income | 74 t€ | 66 t€ | 49 t€ | 48 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
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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