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Humble Rental Oy

Limited company. Other repair and maintenance of motor vehicles.

Humble Rental Oy is a limited company based in Lappeenranta, registered in 1999. In the financial year ending 31.12.2025, operating profit 866 t€; equity ratio 55.0 %. Its taxable income in 2024 was 852 t€ and its income taxes 173 t€. Public buyers bought 4 893 € from it in 2022–2024; the largest buyer is Työllisyys, kehittämis- ja hallintokeskus (Työ- ja elinkeinoministeriön hallinnonala).

Gross profit 20252,1 M€+10 % on the previous year
Operating profit866 t€
Net profit645 t€EBITDA 260 t€
Equity ratio55,0 %quick ratio 0,95
Taxable income 2024852 t€ top 10 % of its industry
Income taxes 2024173 t€627 t€ in 2020–2024
In business27 yrsregistered 4.10.1999
Sales to public buyers4 893 €2022–2024

Financials

2,3 M€2,1 M€1,9 M€2,1 M€2,1 M€482 t€959 t€894 t€866 t€350 t€755 t€708 t€645 t€2022202320242025
Gross profitOperating profitNet profit
Key figures31.12.202531.12.202431.12.202331.12.2022
Revenue change10,5 %-10,3 %-9,0 %–
Gross profit2,1 M€1,9 M€2,1 M€2,3 M€
EBITDA260 t€1,3 M€1,4 M€884 t€
Operating profit866 t€894 t€959 t€482 t€
Net profit645 t€708 t€755 t€350 t€
Personnel costs-46 t€43 t€40 t€497 t€
Equity ratio55,0 %59,0 %52,9 %42,5 %
Quick ratio0,952,292,282,76
Current ratio0,952,292,282,76
Return on equity13,8 %16,3 %19,2 %10,4 %
Balance sheet total8,7 M€7,5 M€7,7 M€8,2 M€
Equity4,7 M€4,3 M€3,9 M€3,4 M€
Cash and bank217 t€853 t€814 t€1,6 M€

Balance sheet

8,2 M€7,7 M€7,5 M€8,7 M€8,7 M€3,4 M€3,9 M€4,3 M€4,7 M€1,6 M€814 t€853 t€217 t€2022202320242025
Balance sheet totalEquityCash
Income statement and balance sheet

Income statement

31.12.202531.12.202431.12.202331.12.2022
Gross profit or loss2,1 M€1,9 M€2,1 M€2,3 M€
Personnel expenses46 t€-43 t€-40 t€-497 t€
Depreciations and reductions in value606 t€-379 t€-415 t€-402 t€
Other operating expenses592 t€-596 t€-716 t€-960 t€
Operating profit (loss)866 t€894 t€959 t€482 t€
Financial income and expenses + (-)71 t€-23 t€-31 t€-60 t€
Profit (loss) before appropriations and taxes796 t€871 t€929 t€422 t€
Income taxes158 t€-170 t€-182 t€-81 t€
Profit (loss) for the financial year645 t€708 t€755 t€350 t€

Balance sheet

31.12.202531.12.202431.12.202331.12.2022
Non-current assets8,1 M€6,0 M€6,1 M€5,8 M€
Receivables390 t€727 t€723 t€788 t€
Cash in hand and at banks217 t€853 t€814 t€1,6 M€
Current assets607 t€1,6 M€1,5 M€2,4 M€
Assets8,7 M€7,5 M€7,7 M€8,2 M€
Share capital or other similar capital67 t€67 t€67 t€67 t€
Capital and reserves4,7 M€4,3 M€3,9 M€3,4 M€
Appropriations98 t€105 t€113 t€122 t€
Long-term liabilities3,3 M€2,4 M€2,9 M€3,9 M€
Short-term liabilities642 t€691 t€674 t€878 t€
Liabilities3,9 M€3,1 M€3,6 M€4,7 M€
All financial statement items (61)
31.12.202531.12.202431.12.202331.12.2022
Gross profit or loss2,1 M€1,9 M€2,1 M€2,3 M€
Personnel expenses46 t€-43 t€-40 t€-497 t€
Depreciations and reductions in value606 t€-379 t€-415 t€-402 t€
Other operating expenses592 t€-596 t€-716 t€-960 t€
Operating profit (loss)866 t€894 t€959 t€482 t€
Financial income and expenses + (-)71 t€-23 t€-31 t€-60 t€
Profit (loss) before appropriations and taxes796 t€871 t€929 t€422 t€
Income taxes158 t€-170 t€-182 t€-81 t€
Profit (loss) for the financial year645 t€708 t€755 t€350 t€
Non-current assets8,1 M€6,0 M€6,1 M€5,8 M€
Receivables390 t€727 t€723 t€788 t€
Cash in hand and at banks217 t€853 t€814 t€1,6 M€
Current assets607 t€1,6 M€1,5 M€2,4 M€
Assets8,7 M€7,5 M€7,7 M€8,2 M€
Share capital or other similar capital67 t€67 t€67 t€67 t€
Capital and reserves4,7 M€4,3 M€3,9 M€3,4 M€
Appropriations98 t€105 t€113 t€122 t€
Long-term liabilities3,3 M€2,4 M€2,9 M€3,9 M€
Short-term liabilities642 t€691 t€674 t€878 t€
Liabilities3,9 M€3,1 M€3,6 M€4,7 M€
Other current liabilities84 t€54 t€66 t€81 t€
Long-term receivables from participating interests353 t€418 t€418 t€418 t€
Other tangible assets1 404 €3 307 €5 210 €7 112 €
Liabilities8,7 M€7,5 M€7,7 M€8,2 M€
Long-term liabilities to credit institutions3,3 M€2,4 M€2,9 M€3,9 M€
Receivables from Group companies (investments)91 t€91 t€91 t€0 €
Reserve for invested non-restricted equity290 t€290 t€290 t€150 t€
Subordinated loan––0 €71 t€
Short-term receivables37 t€24 t€20 t€365 t€
Other short-term receivables1 845 €0 €0 €0 €
Land and water areas, Owned658 t€658 t€606 t€606 t€
Other interest and financial income from non-group companies480 €8 881 €4 164 €347 €
Increase (decrease) in deprecation difference-7 374 €7 929 €8 526 €9 168 €
Machinery and equipment190 t€153 t€193 t€72 t€
Retained earnings3,7 M€3,3 M€2,8 M€2,7 M€
Short-term liabilities to Group companies9 114 €80 t€46 t€0 €
Short-term accounts payable3 814 €5 525 €11 t€80 t€
Wages and salaries41 t€-38 t€-38 t€-416 t€
Advance payments and construction in progress0 €158 t€0 €–
Other shares and similar rights of ownership30 t€30 t€30 t€30 t€
Short-term sales receivables30 t€2 599 €14 t€290 t€
Profit (loss) for the period, equity645 t€708 t€755 t€350 t€
Interest expenses and other financial expenses for non-Group companies86 t€-59 t€-61 t€-85 t€
Long-term receivables353 t€703 t€703 t€423 t€
Pension expenses3 860 €-3 166 €-497 €-71 t€
Short-term prepayments and accrued income5 022 €21 t€5 188 €8 313 €
Buildings and structures, Owned6,5 M€4,3 M€4,6 M€4,9 M€
Other social security expenses1 394 €-1 140 €-1 107 €-10 t€
Other long-term receivables––0 €5 208 €
Depreciation difference98 t€105 t€113 t€122 t€
Income from other investments under non-current assets, from other companies610 €455 €525 €210 €
Tangible assets7,4 M€5,2 M€5,4 M€5,6 M€
Shares and similar rights of ownership in subsidiaries590 t€590 t€590 t€152 t€
Shares in participating interest company19 t€19 t€19 t€19 t€
Current receivables from Group companies––0 €67 t€
Short-term liabilities to credit institutions524 t€524 t€524 t€632 t€
Depreciations according to plan606 t€-379 t€-415 t€-402 t€
Short-term accrued expenses and deferred income21 t€29 t€26 t€85 t€
Investments730 t€730 t€730 t€201 t€
Income from shares in Group companies14 t€26 t€25 t€25 t€
Long-term receivables from Group companies0 €285 t€285 t€0 €

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

684 t€229 t€406 t€912 t€852 t€852 t€20202021202220232024

Measured by taxable income, Humble Rental Oy is in the top 10 % of the industry class other repair and maintenance of motor vehicles (1947 companies with taxable income; median 20 t€, 43 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

2 165 €1 770 €958 €958 €202220232024

Largest buyers

  • Työllisyys, kehittämis- ja hallintokeskus Työ- ja elinkeinoministeriön hallinnonala2 240 €
  • Maahanmuuttovirasto Sisäministeriön hallinnonala2 188 €
  • Tulli Valtiovarainministeriön hallinnonala464 €

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