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Olson & Puskala Oy

Limited company, Helsinki. Business and other management consultancy activities.

Olson & Puskala Oy is a limited company based in Helsinki, registered in 1998. In the financial year ending 31.12.2025, revenue was 1,2 M€ and operating profit 86 t€; equity ratio 27.6 %. Its taxable income in 2024 was 80 t€ and its income taxes 16 t€. Public buyers bought 71 t€ from it in 2022–2025; the largest buyer is Kaupunginkanslia, Helsinki (Helsinki). It has won 1 public contracts in EU procurement notices.

Revenue 20251,2 M€+4 % on the previous year
Operating profit86 t€7,1 % of revenue
Net profit54 t€EBITDA 59 t€
Equity ratio27,6 %quick ratio 0,80
Taxable income 202480 t€ top quarter of its industry
Income taxes 202416 t€117 t€ in 2020–2024
In business28 yrsregistered 9.7.1998
Sales to public buyers71 t€2022–2025
Contracts won12,8 M€ in total

Financials

1,0 M€1,1 M€1,2 M€1,2 M€1,2 M€120 t€58 t€70 t€86 t€83 t€44 t€50 t€54 t€2022202320242025
RevenueOperating profitNet profit
Key figures31.12.202531.12.202431.12.202331.12.2022
Revenue1,2 M€1,2 M€1,1 M€1,0 M€
Revenue change4,3 %7,3 %5,7 %–
EBITDA59 t€105 t€79 t€150 t€
EBITDA %4,9 %9,1 %7,3 %14,7 %
Operating profit86 t€70 t€58 t€120 t€
Operating margin7,1 %6,0 %5,4 %11,8 %
Net profit54 t€50 t€44 t€83 t€
Personnel costs-674 t€654 t€648 t€552 t€
Equity ratio27,6 %25,2 %37,0 %48,3 %
Quick ratio0,800,790,740,78
Current ratio0,800,790,740,78
Debt to revenue18,6 %24,6 %16,7 %15,9 %
Return on equity63,8 %52,5 %41,8 %55,0 %
Balance sheet total309 t€380 t€285 t€314 t€
Equity85 t€96 t€106 t€151 t€
Cash and bank20 t€0 €––

Balance sheet

314 t€285 t€380 t€309 t€309 t€151 t€106 t€96 t€85 t€0 €20 t€2022202320242025
Balance sheet totalEquityCash
Income statement and balance sheet

Income statement

31.12.202531.12.202431.12.202331.12.2022
Turnover1,2 M€1,2 M€1,1 M€1,0 M€
Other operating income21 t€21 t€21 t€0 €
Raw materials and services132 t€-139 t€-69 t€-106 t€
Personnel expenses674 t€-654 t€-648 t€-552 t€
Depreciations and reductions in value27 t€-35 t€-21 t€-29 t€
Other operating expenses306 t€-278 t€-300 t€-209 t€
Operating profit (loss)86 t€70 t€58 t€120 t€
Financial income and expenses + (-)9 643 €-6 337 €-2 488 €-10 t€
Profit (loss) before appropriations and taxes76 t€63 t€55 t€110 t€
Income taxes22 t€-13 t€-11 t€-27 t€
Profit (loss) for the financial year54 t€50 t€44 t€83 t€

Balance sheet

31.12.202531.12.202431.12.202331.12.2022
Non-current assets196 t€228 t€152 t€188 t€
Receivables93 t€152 t€133 t€126 t€
Cash in hand and at banks20 t€0 €––
Current assets113 t€152 t€133 t€126 t€
Assets309 t€380 t€285 t€314 t€
Share capital or other similar capital8 409 €8 409 €8 409 €8 409 €
Capital and reserves85 t€96 t€106 t€151 t€
Long-term liabilities83 t€93 t€0 €–
Short-term liabilities141 t€192 t€180 t€162 t€
Liabilities223 t€284 t€180 t€162 t€
All financial statement items (51)
31.12.202531.12.202431.12.202331.12.2022
Turnover1,2 M€1,2 M€1,1 M€1,0 M€
Other operating income21 t€21 t€21 t€0 €
Raw materials and services132 t€-139 t€-69 t€-106 t€
Personnel expenses674 t€-654 t€-648 t€-552 t€
Depreciations and reductions in value27 t€-35 t€-21 t€-29 t€
Other operating expenses306 t€-278 t€-300 t€-209 t€
Operating profit (loss)86 t€70 t€58 t€120 t€
Financial income and expenses + (-)9 643 €-6 337 €-2 488 €-10 t€
Profit (loss) before appropriations and taxes76 t€63 t€55 t€110 t€
Income taxes22 t€-13 t€-11 t€-27 t€
Profit (loss) for the financial year54 t€50 t€44 t€83 t€
Non-current assets196 t€228 t€152 t€188 t€
Receivables93 t€152 t€133 t€126 t€
Cash in hand and at banks20 t€0 €––
Current assets113 t€152 t€133 t€126 t€
Assets309 t€380 t€285 t€314 t€
Share capital or other similar capital8 409 €8 409 €8 409 €8 409 €
Capital and reserves85 t€96 t€106 t€151 t€
Long-term liabilities83 t€93 t€0 €–
Short-term liabilities141 t€192 t€180 t€162 t€
Liabilities223 t€284 t€180 t€162 t€
Purchases during the financial year-9 593 €-18 t€-7 904 €-8 092 €
Short-term receivables93 t€152 t€133 t€126 t€
Advance payments and construction in progress36 t€36 t€36 t€36 t€
Other short-term receivables1 855 €3 055 €0 €7 652 €
Impairment on investments for non-current assets5 000 €0 €––
Profit (loss) for the period, equity54 t€50 t€44 t€83 t€
Tangible assets151 t€174 t€90 t€107 t€
Short-term accrued expenses and deferred income48 t€39 t€55 t€64 t€
Interest expenses and other financial expenses for non-Group companies5 596 €-7 306 €-5 031 €-1 360 €
Long-term liabilities to credit institutions83 t€93 t€0 €–
Other shares and similar rights of ownership43 t€48 t€48 t€57 t€
Reductions in value of shares and holdings in current assets––0 €-12 t€
Other social security expenses23 t€-19 t€-15 t€-18 t€
Short-term sales receivables86 t€140 t€114 t€106 t€
Depreciations according to plan27 t€-35 t€-21 t€-29 t€
Income from other investments under non-current assets, from other companies938 €890 €1 283 €1 775 €
Other current liabilities63 t€88 t€72 t€69 t€
Short-term accounts payable19 t€40 t€41 t€24 t€
Retained earnings23 t€37 t€53 t€60 t€
Machinery and equipment115 t€138 t€54 t€71 t€
Wages and salaries533 t€-527 t€-519 t€-438 t€
Other interest and financial income from non-group companies15 €78 €1 260 €948 €
Other intangible assets2 028 €6 560 €15 t€23 t€
Short-term liabilities to credit institutions10 t€24 t€12 t€5 469 €
Intangible assets2 028 €6 560 €15 t€23 t€
Investments43 t€48 t€48 t€57 t€
Pension expenses117 t€-108 t€-114 t€-97 t€
Services purchased141 t€-121 t€-61 t€-98 t€
Liabilities309 t€380 t€285 t€314 t€
Short-term prepayments and accrued income5 080 €8 773 €19 t€13 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

204 t€92 t€133 t€65 t€80 t€80 t€20202021202220232024

Measured by taxable income, Olson & Puskala Oy is in the top quarter of the industry class business and other management consultancy activities (7663 companies with taxable income; median 16 t€, 5,1 times the median).

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

19 t€21 t€15 t€15 t€15 t€2022202320242025

Largest buyers

  • Kaupunginkanslia, Helsinki Helsinki47 t€
  • Kulttuurin Ja Vapaa-ajan Toimiala, Helsinki Helsinki23 t€

All buyers and product groups

Public contracts won

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