Bullit Ab, Inc is a limited company based in Espoo, registered in 1997. In the financial year ending 31.12.2025, revenue was 0 € and operating profit -28 t€; equity ratio 98.6 %. Its taxable income in 2024 was 598 € and its income taxes 120 €. Latest Trade Register entry: line of business changed, 30.10.2026.
Financials
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 |
|---|---|---|---|
| Revenue | 0 € | 2 570 € | 2 625 € |
| Revenue change | -100,0 % | -2,1 % | – |
| EBITDA | -28 t€ | -10 t€ | -17 t€ |
| EBITDA % | – | -395,8 % | -629,8 % |
| Operating profit | -28 t€ | -10 t€ | -17 t€ |
| Operating margin | – | -401,7 % | -637,6 % |
| Net profit | -978 € | 4 617 € | 40 t€ |
| Personnel costs | – | 0 € | 120 € |
| Equity ratio | 98,6 % | 98,7 % | 98,6 % |
| Quick ratio | 38,54 | 43,01 | 41,63 |
| Current ratio | 69,60 | 75,86 | 70,06 |
| Debt to revenue | – | 126,6 % | 143,2 % |
| Return on equity | -0,4 % | 1,9 % | 15,5 % |
| Balance sheet total | 227 t€ | 247 t€ | 264 t€ |
| Equity | 224 t€ | 244 t€ | 260 t€ |
| Cash and bank | 13 t€ | 11 t€ | 15 t€ |
Balance sheet
Income statement and balance sheet
Income statement
| 31.12.2025 | 31.12.2024 | 31.12.2023 | |
|---|---|---|---|
| Turnover | 0 € | 2 570 € | 2 625 € |
| Other operating income | – | 0 € | 577 € |
| Raw materials and services | 5 850 € | 0 € | – |
| Personnel expenses | – | 0 € | -120 € |
| Depreciations and reductions in value | 114 € | -152 € | -203 € |
| Other operating expenses | 22 t€ | -13 t€ | -20 t€ |
| Operating profit (loss) | -28 t€ | -10 t€ | -17 t€ |
| Financial income and expenses + (-) | -27 t€ | 15 t€ | 57 t€ |
| Profit (loss) before appropriations and taxes | -858 € | 4 617 € | 40 t€ |
| Income taxes | 120 € | 0 € | – |
| Profit (loss) for the financial year | -978 € | 4 617 € | 40 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | |
|---|---|---|---|
| Non-current assets | 372 € | 486 € | 639 € |
| Stocks | 101 t€ | 107 t€ | 107 t€ |
| Receivables | 7 574 € | 4 197 € | 10 t€ |
| Cash in hand and at banks | 13 t€ | 11 t€ | 15 t€ |
| Current assets | 226 t€ | 247 t€ | 263 t€ |
| Assets | 227 t€ | 247 t€ | 264 t€ |
| Share capital or other similar capital | 2 523 € | 2 523 € | 2 523 € |
| Capital and reserves | 224 t€ | 244 t€ | 260 t€ |
| Short-term liabilities | 3 254 € | 3 254 € | 3 760 € |
| Liabilities | 3 254 € | 3 254 € | 3 760 € |
All financial statement items (44)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | |
|---|---|---|---|
| Turnover | 0 € | 2 570 € | 2 625 € |
| Other operating income | – | 0 € | 577 € |
| Raw materials and services | 5 850 € | 0 € | – |
| Personnel expenses | – | 0 € | -120 € |
| Depreciations and reductions in value | 114 € | -152 € | -203 € |
| Other operating expenses | 22 t€ | -13 t€ | -20 t€ |
| Operating profit (loss) | -28 t€ | -10 t€ | -17 t€ |
| Financial income and expenses + (-) | -27 t€ | 15 t€ | 57 t€ |
| Profit (loss) before appropriations and taxes | -858 € | 4 617 € | 40 t€ |
| Income taxes | 120 € | 0 € | – |
| Profit (loss) for the financial year | -978 € | 4 617 € | 40 t€ |
| Non-current assets | 372 € | 486 € | 639 € |
| Stocks | 101 t€ | 107 t€ | 107 t€ |
| Receivables | 7 574 € | 4 197 € | 10 t€ |
| Cash in hand and at banks | 13 t€ | 11 t€ | 15 t€ |
| Current assets | 226 t€ | 247 t€ | 263 t€ |
| Assets | 227 t€ | 247 t€ | 264 t€ |
| Share capital or other similar capital | 2 523 € | 2 523 € | 2 523 € |
| Capital and reserves | 224 t€ | 244 t€ | 260 t€ |
| Short-term liabilities | 3 254 € | 3 254 € | 3 760 € |
| Liabilities | 3 254 € | 3 254 € | 3 760 € |
| Impairment on investments for non-current assets | – | 0 € | 8 425 € |
| Other interest and financial income from non-group companies | 27 t€ | 13 t€ | 0 € |
| Shares and holdings | 105 t€ | 125 t€ | 131 t€ |
| Short-term accrued expenses and deferred income | 3 254 € | 3 254 € | 3 254 € |
| Tangible assets | 343 € | 457 € | 609 € |
| Finished products | 101 t€ | 107 t€ | 107 t€ |
| Pension expenses | – | 0 € | -120 € |
| Other shares and holdings | 105 t€ | 125 t€ | 131 t€ |
| Inventory increase (+) or decrease (-) | 5 850 € | 0 € | – |
| Liabilities | 227 t€ | 247 t€ | 264 t€ |
| Machinery and equipment | 343 € | 457 € | 609 € |
| Current receivables from participating interests | 2 522 € | 2 522 € | 10 t€ |
| Shares in participating interest company | 29 € | 29 € | 29 € |
| Short-term prepayments and accrued income | 5 052 € | 0 € | – |
| Investments | 29 € | 29 € | 29 € |
| Short-term sales receivables | 0 € | 1 675 € | 0 € |
| Profit (loss) for the period, equity | -978 € | 4 617 € | 40 t€ |
| Interest expenses and other financial expenses for non-Group companies | – | 0 € | -353 € |
| Income from other investments under non-current assets, from other companies | 0 € | 1 986 € | 49 t€ |
| Retained earnings | 222 t€ | 237 t€ | 217 t€ |
| Short-term accounts payable | – | 0 € | 506 € |
| Depreciations according to plan | 114 € | -152 € | -203 € |
| Short-term receivables | 7 574 € | 4 197 € | 10 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, Bullit Ab, Inc is in the lower half of the industry class activities of agents involved in the wholesale of machinery, industrial equipment, ships and aircraft (252 companies with taxable income; median 39 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.
Trade Register events
- Line of business changed
- Merger or demerger
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