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Kuortaneen Taksi & Bussi Oy

Limited company. Scheduled passenger transport by road.

Kuortaneen Taksi & Bussi Oy is a limited company based in Kuortane, registered in 2000. In the financial year ending 31.12.2025, revenue was 981 t€ and operating profit 186 t€; equity ratio 75.4 %. Its taxable income in 2024 was 211 t€ and its income taxes 43 t€. Public buyers bought 754 € from it in 2023–2023; the largest buyer is Ruokavirasto (Maa- ja metsätalousministeriön hallinnonala). It has won 1 public contracts in EU procurement notices.

Revenue 2025981 t€+5 % on the previous year
Operating profit186 t€18,9 % of revenue
Net profit143 t€EBITDA 80 t€
Equity ratio75,4 %quick ratio 3,86
Taxable income 2024211 t€ top quarter of its industry
Income taxes 202443 t€115 t€ in 2020–2024
In business26 yrsregistered 18.5.2000
Sales to public buyers754 €2023–2023
Contracts won1558 t€ in total

Financials

593 t€647 t€738 t€804 t€936 t€981 t€981 t€46 t€102 t€79 t€149 t€214 t€186 t€31 t€77 t€59 t€114 t€166 t€143 t€202020212022202320242025
RevenueOperating profitNet profit
Key figures31.12.202531.12.202431.12.202331.12.202231.12.202131.12.2020
Revenue981 t€936 t€804 t€738 t€647 t€593 t€
Revenue change4,8 %16,4 %9,0 %14,0 %9,1 %–
EBITDA80 t€310 t€229 t€167 t€204 t€176 t€
EBITDA %8,1 %33,1 %28,4 %22,7 %31,5 %29,7 %
Operating profit186 t€214 t€149 t€79 t€102 t€46 t€
Operating margin18,9 %22,9 %18,6 %10,7 %15,8 %7,7 %
Net profit143 t€166 t€114 t€59 t€77 t€31 t€
Personnel costs-401 t€364 t€318 t€301 t€248 t€258 t€
Equity ratio75,4 %70,2 %68,7 %60,8 %57,5 %47,3 %
Quick ratio3,863,382,732,513,282,85
Current ratio3,863,382,732,513,282,85
Debt to revenue26,7 %32,1 %32,9 %44,2 %55,0 %82,5 %
Return on equity17,8 %23,5 %19,7 %11,7 %16,0 %7,0 %
Balance sheet total1,1 M€1,0 M€845 t€830 t€836 t€928 t€
Equity803 t€706 t€581 t€505 t€481 t€439 t€
Cash and bank228 t€345 t€261 t€229 t€322 t€345 t€

Balance sheet

928 t€836 t€830 t€845 t€1,0 M€1,1 M€1,1 M€439 t€481 t€505 t€581 t€706 t€803 t€345 t€322 t€229 t€261 t€345 t€228 t€202020212022202320242025
Balance sheet totalEquityCash
Income statement and balance sheet

Income statement

31.12.202531.12.202431.12.202331.12.202231.12.202131.12.2020
Turnover981 t€936 t€804 t€738 t€647 t€593 t€
Other operating income0 €2 305 €1 400 €5 098 €15 t€47 t€
Raw materials and services128 t€-127 t€-132 t€-149 t€-108 t€-78 t€
Personnel expenses401 t€-364 t€-318 t€-301 t€-248 t€-258 t€
Depreciations and reductions in value106 t€-95 t€-79 t€-88 t€-101 t€-130 t€
Other operating expenses161 t€-138 t€-126 t€-125 t€-103 t€-128 t€
Operating profit (loss)186 t€214 t€149 t€79 t€102 t€46 t€
Financial income and expenses + (-)6 664 €-6 320 €-6 539 €-4 766 €-5 841 €-6 774 €
Profit (loss) before appropriations and taxes179 t€208 t€143 t€74 t€97 t€39 t€
Income taxes36 t€-42 t€-29 t€-15 t€-20 t€-8 116 €
Profit (loss) for the financial year143 t€166 t€114 t€59 t€77 t€31 t€

Balance sheet

31.12.202531.12.202431.12.202331.12.202231.12.202131.12.2020
Non-current assets348 t€318 t€272 t€296 t€339 t€429 t€
Receivables55 t€51 t€35 t€57 t€41 t€36 t€
Cash in hand and at banks228 t€345 t€261 t€229 t€322 t€345 t€
Current assets716 t€688 t€573 t€535 t€498 t€499 t€
Assets1,1 M€1,0 M€845 t€830 t€836 t€928 t€
Share capital or other similar capital2 500 €2 500 €2 500 €2 500 €2 500 €2 500 €
Capital and reserves803 t€706 t€581 t€505 t€481 t€439 t€
Long-term liabilities76 t€97 t€55 t€113 t€204 t€314 t€
Short-term liabilities186 t€203 t€210 t€213 t€152 t€175 t€
Liabilities262 t€300 t€265 t€326 t€356 t€489 t€
All financial statement items (51)
31.12.202531.12.202431.12.202331.12.202231.12.202131.12.2020
Turnover981 t€936 t€804 t€738 t€647 t€593 t€
Other operating income0 €2 305 €1 400 €5 098 €15 t€47 t€
Raw materials and services128 t€-127 t€-132 t€-149 t€-108 t€-78 t€
Personnel expenses401 t€-364 t€-318 t€-301 t€-248 t€-258 t€
Depreciations and reductions in value106 t€-95 t€-79 t€-88 t€-101 t€-130 t€
Other operating expenses161 t€-138 t€-126 t€-125 t€-103 t€-128 t€
Operating profit (loss)186 t€214 t€149 t€79 t€102 t€46 t€
Financial income and expenses + (-)6 664 €-6 320 €-6 539 €-4 766 €-5 841 €-6 774 €
Profit (loss) before appropriations and taxes179 t€208 t€143 t€74 t€97 t€39 t€
Income taxes36 t€-42 t€-29 t€-15 t€-20 t€-8 116 €
Profit (loss) for the financial year143 t€166 t€114 t€59 t€77 t€31 t€
Non-current assets348 t€318 t€272 t€296 t€339 t€429 t€
Receivables55 t€51 t€35 t€57 t€41 t€36 t€
Cash in hand and at banks228 t€345 t€261 t€229 t€322 t€345 t€
Current assets716 t€688 t€573 t€535 t€498 t€499 t€
Assets1,1 M€1,0 M€845 t€830 t€836 t€928 t€
Share capital or other similar capital2 500 €2 500 €2 500 €2 500 €2 500 €2 500 €
Capital and reserves803 t€706 t€581 t€505 t€481 t€439 t€
Long-term liabilities76 t€97 t€55 t€113 t€204 t€314 t€
Short-term liabilities186 t€203 t€210 t€213 t€152 t€175 t€
Liabilities262 t€300 t€265 t€326 t€356 t€489 t€
Investments6 330 €6 330 €6 330 €6 330 €6 330 €6 330 €
Depreciations according to plan106 t€-95 t€-79 t€-88 t€-101 t€-130 t€
Short-term sales receivables50 t€51 t€27 t€52 t€35 t€15 t€
Pension expenses51 t€-67 t€-61 t€-38 t€-33 t€-33 t€
Other shares and holdings––0 €99 t€0 €–
Profit (loss) for the period, equity143 t€166 t€114 t€59 t€77 t€31 t€
Income from other investments under non-current assets, from other companies395 €200 €100 €300 €292 €257 €
Interest expenses and other financial expenses for non-Group companies7 060 €-6 525 €-7 929 €-5 408 €-6 196 €-7 031 €
Short-term liabilities to credit institutions0 €29 t€0 €–––
Other shares and similar rights of ownership6 330 €6 330 €6 330 €6 330 €6 330 €6 330 €
Short-term receivables55 t€51 t€35 t€57 t€41 t€36 t€
Liabilities1,1 M€1,0 M€845 t€830 t€836 t€928 t€
Wages and salaries326 t€-278 t€-242 t€-230 t€-201 t€-211 t€
Services purchased32 t€-23 t€-25 t€-25 t€-23 t€-20 t€
Other long-term liabilities24 t€25 t€26 t€27 t€28 t€31 t€
Other social security expenses23 t€-18 t€-15 t€-33 t€-15 t€-14 t€
Tangible assets342 t€312 t€266 t€289 t€332 t€422 t€
Short-term accounts payable97 t€84 t€149 t€110 t€115 t€124 t€
Short-term accrued expenses and deferred income68 t€71 t€42 t€44 t€26 t€38 t€
Other short-term receivables–0 €3 924 €106 €5 100 €19 t€
Other interest and financial income from non-group companies0 €5 €1 290 €342 €63 €0 €
Shares and holdings433 t€293 t€277 t€248 t€135 t€118 t€
Other current liabilities20 t€20 t€19 t€59 t€12 t€13 t€
Long-term accounts payable52 t€71 t€29 t€86 t€176 t€283 t€
Purchases during the financial year96 t€-104 t€-107 t€-123 t€-84 t€-58 t€
Short-term prepayments and accrued income5 538 €0 €3 651 €4 909 €1 164 €1 562 €
Machinery and equipment311 t€279 t€230 t€254 t€295 t€382 t€
Buildings and structures, Owned31 t€34 t€36 t€35 t€38 t€40 t€
Retained earnings658 t€538 t€464 t€443 t€401 t€406 t€
Other shares, financial securities433 t€293 t€277 t€150 t€135 t€118 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

40 t€98 t€76 t€144 t€211 t€211 t€20202021202220232024

Measured by taxable income, Kuortaneen Taksi & Bussi Oy is in the top quarter of the industry class scheduled passenger transport by road (121 companies with taxable income; median 55 t€, 3,9 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

Largest buyers

  • Ruokavirasto Maa- ja metsätalousministeriön hallinnonala754 €

Public contracts won

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