Etelä-Suomen Sähköpalvelu Oy is a limited company based in Forssa, registered in 1997. In the financial year ending 28.2.2026, revenue was 522 t€ and operating profit -19 t€; equity ratio 28.9 %. Public buyers bought 5 153 € from it in 2022–2024; the largest buyer is Tekn. Ja Ymp.toimen Toimiala (Forssa).
Revenue 2026522 t€-8 % on the previous year
Operating profit-19 t€-3,6 % of revenue
Net profit-26 t€EBITDA -21 t€
Equity ratio28,9 %quick ratio 0,22
Taxable income 20240 €
profit as taxed
Income taxes 20240 €0 € in 2020–2024
In business29 yrsregistered 18.9.1997
Sales to public buyers5 153 €2022–2024
Financials
RevenueOperating profitNet profit
| Key figures | 28.2.2026 | 28.2.2025 | 29.2.2024 | 28.2.2023 | 28.2.2022 |
|---|---|---|---|---|---|
| Revenue | 522 t€ | 570 t€ | 511 t€ | 732 t€ | 598 t€ |
| Revenue change | -8,4 % | 11,6 % | -30,2 % | 22,4 % | – |
| EBITDA | -21 t€ | 34 t€ | 1 535 € | 34 t€ | 5 856 € |
| EBITDA % | -4,1 % | 6,0 % | 0,3 % | 4,6 % | 1,0 % |
| Operating profit | -19 t€ | 32 t€ | -1 713 € | 29 t€ | 4 222 € |
| Operating margin | -3,6 % | 5,6 % | -0,3 % | 4,0 % | 0,7 % |
| Net profit | -26 t€ | 27 t€ | -6 817 € | 26 t€ | 833 € |
| Personnel costs | -254 t€ | 232 t€ | 215 t€ | 270 t€ | 247 t€ |
| Equity ratio | 28,9 % | 36,4 % | 34,9 % | 35,8 % | 31,8 % |
| Quick ratio | 0,22 | 0,40 | 0,31 | 0,33 | 0,21 |
| Current ratio | 1,63 | 1,95 | 1,82 | 1,81 | 1,73 |
| Debt to revenue | 38,1 % | 32,7 % | 29,2 % | 21,3 % | 21,6 % |
| Return on equity | -32,5 % | 25,2 % | -8,5 % | 30,5 % | 1,4 % |
| Balance sheet total | 280 t€ | 294 t€ | 229 t€ | 242 t€ | 190 t€ |
| Equity | 81 t€ | 107 t€ | 80 t€ | 87 t€ | 60 t€ |
| Cash and bank | 974 € | 1 246 € | 575 € | 1 026 € | 159 € |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 28.2.2026 | 28.2.2025 | 29.2.2024 | 28.2.2023 | 28.2.2022 | |
|---|---|---|---|---|---|
| Turnover | 522 t€ | 570 t€ | 511 t€ | 732 t€ | 598 t€ |
| Other operating income | 638 € | 0 € | – | 0 € | 10 t€ |
| Raw materials and services | 205 t€ | -210 t€ | -202 t€ | -333 t€ | -273 t€ |
| Personnel expenses | 254 t€ | -232 t€ | -215 t€ | -270 t€ | -247 t€ |
| Depreciations and reductions in value | 2 579 € | -2 436 € | -3 247 € | -4 330 € | -1 633 € |
| Other operating expenses | 80 t€ | -94 t€ | -92 t€ | -95 t€ | -82 t€ |
| Operating profit (loss) | -19 t€ | 32 t€ | -1 713 € | 29 t€ | 4 222 € |
| Financial income and expenses + (-) | 7 547 € | -5 008 € | -5 105 € | -2 917 € | -3 389 € |
| Profit (loss) before appropriations and taxes | -26 t€ | 27 t€ | -6 817 € | 26 t€ | 833 € |
| Profit (loss) for the financial year | -26 t€ | 27 t€ | -6 817 € | 26 t€ | 833 € |
Balance sheet
| 28.2.2026 | 28.2.2025 | 29.2.2024 | 28.2.2023 | 28.2.2022 | |
|---|---|---|---|---|---|
| Non-current assets | 73 t€ | 73 t€ | 11 t€ | 14 t€ | 6 191 € |
| Stocks | 179 t€ | 175 t€ | 181 t€ | 186 t€ | 161 t€ |
| Receivables | 27 t€ | 45 t€ | 37 t€ | 41 t€ | 22 t€ |
| Cash in hand and at banks | 974 € | 1 246 € | 575 € | 1 026 € | 159 € |
| Current assets | 207 t€ | 221 t€ | 218 t€ | 228 t€ | 183 t€ |
| Assets | 280 t€ | 294 t€ | 229 t€ | 242 t€ | 190 t€ |
| Share capital or other similar capital | 14 t€ | 14 t€ | 14 t€ | 14 t€ | 14 t€ |
| Capital and reserves | 81 t€ | 107 t€ | 80 t€ | 87 t€ | 60 t€ |
| Long-term liabilities | 72 t€ | 73 t€ | 29 t€ | 30 t€ | 23 t€ |
| Short-term liabilities | 127 t€ | 114 t€ | 120 t€ | 126 t€ | 106 t€ |
| Liabilities | 199 t€ | 187 t€ | 149 t€ | 156 t€ | 129 t€ |
All financial statement items (53)
| 28.2.2026 | 28.2.2025 | 29.2.2024 | 28.2.2023 | 28.2.2022 | |
|---|---|---|---|---|---|
| Turnover | 522 t€ | 570 t€ | 511 t€ | 732 t€ | 598 t€ |
| Other operating income | 638 € | 0 € | – | 0 € | 10 t€ |
| Raw materials and services | 205 t€ | -210 t€ | -202 t€ | -333 t€ | -273 t€ |
| Personnel expenses | 254 t€ | -232 t€ | -215 t€ | -270 t€ | -247 t€ |
| Depreciations and reductions in value | 2 579 € | -2 436 € | -3 247 € | -4 330 € | -1 633 € |
| Other operating expenses | 80 t€ | -94 t€ | -92 t€ | -95 t€ | -82 t€ |
| Operating profit (loss) | -19 t€ | 32 t€ | -1 713 € | 29 t€ | 4 222 € |
| Financial income and expenses + (-) | 7 547 € | -5 008 € | -5 105 € | -2 917 € | -3 389 € |
| Profit (loss) before appropriations and taxes | -26 t€ | 27 t€ | -6 817 € | 26 t€ | 833 € |
| Profit (loss) for the financial year | -26 t€ | 27 t€ | -6 817 € | 26 t€ | 833 € |
| Non-current assets | 73 t€ | 73 t€ | 11 t€ | 14 t€ | 6 191 € |
| Stocks | 179 t€ | 175 t€ | 181 t€ | 186 t€ | 161 t€ |
| Receivables | 27 t€ | 45 t€ | 37 t€ | 41 t€ | 22 t€ |
| Cash in hand and at banks | 974 € | 1 246 € | 575 € | 1 026 € | 159 € |
| Current assets | 207 t€ | 221 t€ | 218 t€ | 228 t€ | 183 t€ |
| Assets | 280 t€ | 294 t€ | 229 t€ | 242 t€ | 190 t€ |
| Share capital or other similar capital | 14 t€ | 14 t€ | 14 t€ | 14 t€ | 14 t€ |
| Capital and reserves | 81 t€ | 107 t€ | 80 t€ | 87 t€ | 60 t€ |
| Long-term liabilities | 72 t€ | 73 t€ | 29 t€ | 30 t€ | 23 t€ |
| Short-term liabilities | 127 t€ | 114 t€ | 120 t€ | 126 t€ | 106 t€ |
| Liabilities | 199 t€ | 187 t€ | 149 t€ | 156 t€ | 129 t€ |
| Purchases during the financial year | 207 t€ | -196 t€ | -189 t€ | -358 t€ | -282 t€ |
| Depreciations according to plan | 2 579 € | -2 436 € | -3 247 € | -4 330 € | -1 633 € |
| Pension expenses | 34 t€ | -31 t€ | -37 t€ | -28 t€ | -34 t€ |
| Short-term sales receivables | 21 t€ | 41 t€ | 22 t€ | 36 t€ | 15 t€ |
| Tangible assets | 7 702 € | 7 295 € | 9 726 € | 13 t€ | 4 872 € |
| Wages and salaries | 206 t€ | -195 t€ | -171 t€ | -233 t€ | -204 t€ |
| Other short-term receivables | 3 240 € | 0 € | 0 € | 3 157 € | 143 € |
| Other shares and similar rights of ownership | 65 t€ | 65 t€ | 1 291 € | 1 291 € | 1 291 € |
| Profit (loss) for the period, equity | -26 t€ | 27 t€ | -6 817 € | 26 t€ | 833 € |
| Other social security expenses | 14 t€ | -6 460 € | -6 555 € | -8 732 € | -8 804 € |
| Short-term liabilities to credit institutions | 12 t€ | 14 t€ | 3 900 € | 3 900 € | 0 € |
| Intangible assets | 0 € | 12 € | 16 € | 21 € | 28 € |
| Other long-term liabilities | 38 t€ | 50 t€ | 0 € | – | – |
| Short-term accounts payable | 33 t€ | 21 t€ | 25 t€ | 39 t€ | 23 t€ |
| Machinery and equipment | 7 702 € | 7 295 € | 9 726 € | 13 t€ | 4 872 € |
| Other interest and financial income from non-group companies | 101 € | 311 € | 81 € | 39 € | 45 € |
| Liabilities | 280 t€ | 294 t€ | 229 t€ | 242 t€ | 190 t€ |
| Services purchased | 2 582 € | -8 265 € | -7 888 € | -825 € | -639 € |
| Short-term prepayments and accrued income | 2 727 € | 3 795 € | 15 t€ | 1 661 € | 7 331 € |
| Retained earnings | 70 t€ | 43 t€ | 50 t€ | 23 t€ | 23 t€ |
| Income from other investments under non-current assets, from other companies | 54 € | 54 € | 54 € | 54 € | 54 € |
| Long-term accounts payable | – | 0 € | 3 731 € | 7 799 € | 0 € |
| Share premium reserve | 23 t€ | 23 t€ | 23 t€ | 23 t€ | 23 t€ |
| Inventory increase (+) or decrease (-) | -3 830 € | -5 538 € | -5 463 € | 25 t€ | 9 877 € |
| Short-term accrued expenses and deferred income | 62 t€ | 53 t€ | 65 t€ | 62 t€ | 64 t€ |
| Investments | 65 t€ | 65 t€ | 1 291 € | 1 291 € | 1 291 € |
| Long-term liabilities to credit institutions | 34 t€ | 23 t€ | 26 t€ | 22 t€ | 23 t€ |
| Short-term receivables | 27 t€ | 45 t€ | 37 t€ | 41 t€ | 22 t€ |
| Other current liabilities | 19 t€ | 25 t€ | 26 t€ | 21 t€ | 19 t€ |
| Materials and supplies | 179 t€ | 175 t€ | 181 t€ | 186 t€ | 161 t€ |
| Interest expenses and other financial expenses for non-Group companies | 7 702 € | -5 373 € | -5 240 € | -3 010 € | -3 488 € |
| Other intangible assets | 0 € | 12 € | 16 € | 21 € | 28 € |
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
Free monthly list: Forssa
Once a month by email: new leads in this municipality and its neighbours, the month's figures and the full list. No charge, no commitment, cancel any time.
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