Luovi Productions Oy is a limited company based in Helsinki, registered in 1997. In the financial year ending 31.12.2025, revenue was 712 t€ and operating profit 16 t€; equity ratio -131.8 %. Public buyers bought 112 t€ from it in 2022–2026; the largest buyer is Kaupunginkanslia, Helsinki (Helsinki).
Revenue 2025712 t€+51 % on the previous year
Operating profit16 t€2,3 % of revenue
Net profit16 t€EBITDA -17 t€
Equity ratio-131,8 %quick ratio 0,24
Taxable income 20240 €
profit as taxed
Income taxes 20240 €0 € in 2020–2024
In business29 yrsregistered 15.5.1997
Sales to public buyers112 t€2022–2026
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 |
|---|---|---|---|---|
| Revenue | 712 t€ | 472 t€ | 665 t€ | 496 t€ |
| Revenue change | 50,8 % | -28,9 % | 34,0 % | – |
| EBITDA | -17 t€ | -49 t€ | -42 t€ | -186 t€ |
| EBITDA % | -2,3 % | -10,5 % | -6,3 % | -37,5 % |
| Operating profit | 16 t€ | -82 t€ | -75 t€ | -219 t€ |
| Operating margin | 2,3 % | -17,3 % | -11,3 % | -44,2 % |
| Net profit | 16 t€ | -84 t€ | -88 t€ | -227 t€ |
| Personnel costs | -161 t€ | 179 t€ | 203 t€ | 291 t€ |
| Equity ratio | -131,8 % | -177,1 % | -124,6 % | -74,5 % |
| Quick ratio | 0,24 | 0,24 | 0,07 | 0,30 |
| Current ratio | 0,24 | 0,26 | 0,07 | 0,41 |
| Debt to revenue | 91,2 % | 127,7 % | 80,3 % | 98,2 % |
| Balance sheet total | 280 t€ | 335 t€ | 293 t€ | 422 t€ |
| Equity | -369 t€ | -385 t€ | -296 t€ | -208 t€ |
| Cash and bank | 11 t€ | 3 969 € | 0 € | – |
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 | 712 t€ | 472 t€ | 665 t€ | 496 t€ |
| Other operating income | 62 t€ | 42 t€ | 70 t€ | 78 t€ |
| Raw materials and services | 430 t€ | -248 t€ | -412 t€ | -311 t€ |
| Personnel expenses | 161 t€ | -179 t€ | -203 t€ | -291 t€ |
| Depreciations and reductions in value | 33 t€ | -32 t€ | -33 t€ | -33 t€ |
| Other operating expenses | 128 t€ | -142 t€ | -135 t€ | -185 t€ |
| Operating profit (loss) | 16 t€ | -82 t€ | -75 t€ | -219 t€ |
| Financial income and expenses + (-) | 231 € | -2 005 € | -13 t€ | -8 029 € |
| Profit (loss) before appropriations and taxes | 16 t€ | -84 t€ | -88 t€ | -227 t€ |
| Profit (loss) for the financial year | 16 t€ | -84 t€ | -88 t€ | -227 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|---|
| Non-current assets | 218 t€ | 248 t€ | 281 t€ | 314 t€ |
| Stocks | 0 € | 6 175 € | 0 € | 28 t€ |
| Receivables | 51 t€ | 77 t€ | 12 t€ | 80 t€ |
| Cash in hand and at banks | 11 t€ | 3 969 € | 0 € | – |
| Current assets | 63 t€ | 87 t€ | 12 t€ | 108 t€ |
| Assets | 280 t€ | 335 t€ | 293 t€ | 422 t€ |
| Share capital or other similar capital | 2 523 € | 2 523 € | 2 523 € | 2 523 € |
| Capital and reserves | -369 t€ | -385 t€ | -296 t€ | -208 t€ |
| Long-term liabilities | 388 t€ | 388 t€ | 430 t€ | 366 t€ |
| Short-term liabilities | 262 t€ | 333 t€ | 158 t€ | 264 t€ |
| Liabilities | 650 t€ | 721 t€ | 589 t€ | 630 t€ |
All financial statement items (55)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|---|
| Turnover | 712 t€ | 472 t€ | 665 t€ | 496 t€ |
| Other operating income | 62 t€ | 42 t€ | 70 t€ | 78 t€ |
| Raw materials and services | 430 t€ | -248 t€ | -412 t€ | -311 t€ |
| Personnel expenses | 161 t€ | -179 t€ | -203 t€ | -291 t€ |
| Depreciations and reductions in value | 33 t€ | -32 t€ | -33 t€ | -33 t€ |
| Other operating expenses | 128 t€ | -142 t€ | -135 t€ | -185 t€ |
| Operating profit (loss) | 16 t€ | -82 t€ | -75 t€ | -219 t€ |
| Financial income and expenses + (-) | 231 € | -2 005 € | -13 t€ | -8 029 € |
| Profit (loss) before appropriations and taxes | 16 t€ | -84 t€ | -88 t€ | -227 t€ |
| Profit (loss) for the financial year | 16 t€ | -84 t€ | -88 t€ | -227 t€ |
| Non-current assets | 218 t€ | 248 t€ | 281 t€ | 314 t€ |
| Stocks | 0 € | 6 175 € | 0 € | 28 t€ |
| Receivables | 51 t€ | 77 t€ | 12 t€ | 80 t€ |
| Cash in hand and at banks | 11 t€ | 3 969 € | 0 € | – |
| Current assets | 63 t€ | 87 t€ | 12 t€ | 108 t€ |
| Assets | 280 t€ | 335 t€ | 293 t€ | 422 t€ |
| Share capital or other similar capital | 2 523 € | 2 523 € | 2 523 € | 2 523 € |
| Capital and reserves | -369 t€ | -385 t€ | -296 t€ | -208 t€ |
| Long-term liabilities | 388 t€ | 388 t€ | 430 t€ | 366 t€ |
| Short-term liabilities | 262 t€ | 333 t€ | 158 t€ | 264 t€ |
| Liabilities | 650 t€ | 721 t€ | 589 t€ | 630 t€ |
| Other tangible assets | 95 t€ | 95 t€ | 95 t€ | 95 t€ |
| Long-term liabilities to credit institutions | – | 0 € | 132 t€ | 95 t€ |
| Depreciations according to plan | 33 t€ | -32 t€ | -33 t€ | -33 t€ |
| Short-term sales receivables | 5 714 € | 19 t€ | 11 t€ | 28 t€ |
| Pension expenses | 31 t€ | -32 t€ | -28 t€ | -33 t€ |
| Other intangible assets | 0 € | 5 961 € | 12 t€ | 18 t€ |
| Profit (loss) for the period, equity | 16 t€ | -84 t€ | -88 t€ | -227 t€ |
| Interest expenses and other financial expenses for non-Group companies | 240 € | -2 023 € | -13 t€ | -8 032 € |
| Short-term liabilities to credit institutions | – | – | 0 € | 9 982 € |
| Long-term receivables | 4 907 € | 4 907 € | 0 € | – |
| Intangible assets | 79 t€ | 109 t€ | 139 t€ | 169 t€ |
| Other stocks | 0 € | 6 175 € | 0 € | 28 t€ |
| Short-term receivables | 46 t€ | 72 t€ | 12 t€ | 80 t€ |
| Liabilities | 280 t€ | 335 t€ | 293 t€ | 422 t€ |
| Wages and salaries | 125 t€ | -144 t€ | -169 t€ | -252 t€ |
| Services purchased | 419 t€ | -192 t€ | -389 t€ | -188 t€ |
| Long-term subordinated loans | 388 t€ | 388 t€ | 298 t€ | 212 t€ |
| Short-term advances received | 0 € | 118 t€ | 55 t€ | 142 t€ |
| Other long-term liabilities | – | – | 0 € | 59 t€ |
| Other social security expenses | 4 872 € | -3 625 € | -5 333 € | -5 410 € |
| Other long-term receivables | 4 907 € | 4 907 € | 0 € | – |
| Tangible assets | 138 t€ | 139 t€ | 142 t€ | 144 t€ |
| Short-term accounts payable | 11 t€ | 6 388 € | 45 t€ | 35 t€ |
| Short-term accrued expenses and deferred income | 12 t€ | 16 t€ | 17 t€ | 19 t€ |
| Other short-term receivables | 20 t€ | 1 273 € | 707 € | 9 621 € |
| Other interest and financial income from non-group companies | 9 € | 18 € | 2 € | 3 € |
| Other current liabilities | 238 t€ | 192 t€ | 42 t€ | 58 t€ |
| Purchases during the financial year | 11 t€ | -56 t€ | -23 t€ | -123 t€ |
| Short-term prepayments and accrued income | 21 t€ | 52 t€ | 0 € | 42 t€ |
| Machinery and equipment | 3 052 € | 2 077 € | 2 769 € | 3 692 € |
| Development expenses | 79 t€ | 103 t€ | 128 t€ | 152 t€ |
| Buildings and structures, Owned | 41 t€ | 42 t€ | 44 t€ | 46 t€ |
| Retained earnings | -388 t€ | -304 t€ | -211 t€ | 17 t€ |
| Change in stocks of products + (-) | -6 175 € | 6 175 € | -28 t€ | 28 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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