G C West Fastigheter Ab is a limited company based in Vaasa, registered in 2000. In the financial year ending 31.12.2025, revenue was 2,1 M€ and operating profit 132 t€; equity ratio 51.1 %. Its taxable income in 2024 was 141 t€ and its income taxes 29 t€. It has won 1 public contracts in EU procurement notices.
Revenue 20252,1 M€-1 % on the previous year
Operating profit132 t€6,3 % of revenue
Net profit81 t€EBITDA 9 761 €
Equity ratio51,1 %quick ratio 1,26
Taxable income 2024141 t€
top 10 % of its industry
Income taxes 202429 t€225 t€ in 2020–2024
In business26 yrsregistered 28.7.2000
Contracts won1600 t€ in total
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 |
|---|---|---|---|---|
| Revenue | 2,1 M€ | 2,1 M€ | 2,6 M€ | 2,3 M€ |
| Revenue change | -1,0 % | -19,5 % | 15,6 % | – |
| EBITDA | 9 761 € | 309 t€ | 514 t€ | 616 t€ |
| EBITDA % | 0,5 % | 14,6 % | 19,5 % | 27,1 % |
| Operating profit | 132 t€ | 177 t€ | 373 t€ | 488 t€ |
| Operating margin | 6,3 % | 8,3 % | 14,2 % | 21,4 % |
| Net profit | 81 t€ | 113 t€ | 260 t€ | 356 t€ |
| Personnel costs | -851 t€ | 825 t€ | 820 t€ | 740 t€ |
| Equity ratio | 51,1 % | 47,9 % | 44,3 % | 42,7 % |
| Quick ratio | 1,26 | 1,21 | 1,01 | 1,25 |
| Current ratio | 1,26 | 1,21 | 1,01 | 1,25 |
| Debt to revenue | 38,9 % | 43,3 % | 38,0 % | 42,4 % |
| Return on equity | 9,5 % | 13,4 % | 32,6 % | 49,6 % |
| Balance sheet total | 1,7 M€ | 1,8 M€ | 1,8 M€ | 1,7 M€ |
| Equity | 853 t€ | 843 t€ | 796 t€ | 718 t€ |
| Cash and bank | 86 t€ | 53 t€ | 47 t€ | 116 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|---|
| Turnover | 2,1 M€ | 2,1 M€ | 2,6 M€ | 2,3 M€ |
| Other operating income | 17 € | 0 € | 8 639 € | 1 253 € |
| Raw materials and services | 580 t€ | -661 t€ | -1,1 M€ | -704 t€ |
| Personnel expenses | 851 t€ | -825 t€ | -820 t€ | -740 t€ |
| Depreciations and reductions in value | 123 t€ | -132 t€ | -141 t€ | -128 t€ |
| Other operating expenses | 412 t€ | -323 t€ | -245 t€ | -218 t€ |
| Operating profit (loss) | 132 t€ | 177 t€ | 373 t€ | 488 t€ |
| Financial income and expenses + (-) | 32 t€ | -36 t€ | -47 t€ | -43 t€ |
| Profit (loss) before appropriations and taxes | 100 t€ | 140 t€ | 326 t€ | 445 t€ |
| Income taxes | 20 t€ | -28 t€ | -67 t€ | -89 t€ |
| Profit (loss) for the financial year | 81 t€ | 113 t€ | 260 t€ | 356 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|---|
| Non-current assets | 1,0 M€ | 1,1 M€ | 1,1 M€ | 1,1 M€ |
| Receivables | 557 t€ | 626 t€ | 609 t€ | 476 t€ |
| Cash in hand and at banks | 86 t€ | 53 t€ | 47 t€ | 116 t€ |
| Current assets | 643 t€ | 679 t€ | 656 t€ | 593 t€ |
| Assets | 1,7 M€ | 1,8 M€ | 1,8 M€ | 1,7 M€ |
| Share capital or other similar capital | 8 400 € | 8 400 € | 8 400 € | 8 400 € |
| Capital and reserves | 853 t€ | 843 t€ | 796 t€ | 718 t€ |
| Long-term liabilities | 304 t€ | 354 t€ | 349 t€ | 492 t€ |
| Short-term liabilities | 512 t€ | 562 t€ | 651 t€ | 473 t€ |
| Liabilities | 816 t€ | 916 t€ | 1 000 t€ | 965 t€ |
All financial statement items (56)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|---|
| Turnover | 2,1 M€ | 2,1 M€ | 2,6 M€ | 2,3 M€ |
| Other operating income | 17 € | 0 € | 8 639 € | 1 253 € |
| Raw materials and services | 580 t€ | -661 t€ | -1,1 M€ | -704 t€ |
| Personnel expenses | 851 t€ | -825 t€ | -820 t€ | -740 t€ |
| Depreciations and reductions in value | 123 t€ | -132 t€ | -141 t€ | -128 t€ |
| Other operating expenses | 412 t€ | -323 t€ | -245 t€ | -218 t€ |
| Operating profit (loss) | 132 t€ | 177 t€ | 373 t€ | 488 t€ |
| Financial income and expenses + (-) | 32 t€ | -36 t€ | -47 t€ | -43 t€ |
| Profit (loss) before appropriations and taxes | 100 t€ | 140 t€ | 326 t€ | 445 t€ |
| Income taxes | 20 t€ | -28 t€ | -67 t€ | -89 t€ |
| Profit (loss) for the financial year | 81 t€ | 113 t€ | 260 t€ | 356 t€ |
| Non-current assets | 1,0 M€ | 1,1 M€ | 1,1 M€ | 1,1 M€ |
| Receivables | 557 t€ | 626 t€ | 609 t€ | 476 t€ |
| Cash in hand and at banks | 86 t€ | 53 t€ | 47 t€ | 116 t€ |
| Current assets | 643 t€ | 679 t€ | 656 t€ | 593 t€ |
| Assets | 1,7 M€ | 1,8 M€ | 1,8 M€ | 1,7 M€ |
| Share capital or other similar capital | 8 400 € | 8 400 € | 8 400 € | 8 400 € |
| Capital and reserves | 853 t€ | 843 t€ | 796 t€ | 718 t€ |
| Long-term liabilities | 304 t€ | 354 t€ | 349 t€ | 492 t€ |
| Short-term liabilities | 512 t€ | 562 t€ | 651 t€ | 473 t€ |
| Liabilities | 816 t€ | 916 t€ | 1 000 t€ | 965 t€ |
| Pension expenses | 151 t€ | -156 t€ | -209 t€ | -124 t€ |
| Depreciations according to plan | 123 t€ | -132 t€ | -141 t€ | -128 t€ |
| Long-term accrued expenses and deferred income | – | – | 0 € | -86 t€ |
| Tangible assets | 616 t€ | 677 t€ | 736 t€ | 688 t€ |
| Retained earnings | 764 t€ | 722 t€ | 528 t€ | 353 t€ |
| Short-term receivables | 462 t€ | 514 t€ | 567 t€ | 459 t€ |
| Long-term accounts payable | – | – | 0 € | 36 t€ |
| Other current liabilities | 181 t€ | 228 t€ | 164 t€ | 127 t€ |
| Short-term sales receivables | 442 t€ | 474 t€ | 562 t€ | 452 t€ |
| Short-term prepayments and accrued income | 7 420 € | 40 t€ | 5 168 € | 4 842 € |
| Other interest and financial income from non-group companies | 1 140 € | 338 € | 155 € | 196 € |
| Interest expenses and other financial expenses for non-Group companies | 33 t€ | -37 t€ | -47 t€ | -43 t€ |
| Short-term accounts payable | 80 t€ | 86 t€ | 263 t€ | 90 t€ |
| Land and water areas, Owned | 16 t€ | 16 t€ | 16 t€ | 16 t€ |
| Other long-term liabilities | 209 t€ | 224 t€ | 194 t€ | 357 t€ |
| Other intangible assets | 7 505 € | 1 528 € | 1 918 € | 0 € |
| Long-term receivables | 95 t€ | 112 t€ | 41 t€ | 17 t€ |
| Long-term receivables from participating interests | 95 t€ | 112 t€ | 41 t€ | 17 t€ |
| Short-term accrued expenses and deferred income | 167 t€ | 167 t€ | 157 t€ | 198 t€ |
| Intangible assets | 7 505 € | 1 528 € | 1 918 € | 0 € |
| Profit (loss) for the period, equity | 81 t€ | 113 t€ | 260 t€ | 356 t€ |
| Short-term loan receivables | 2 € | 30 € | 0 € | – |
| Investments | 402 t€ | 402 t€ | 402 t€ | 402 t€ |
| Other social security expenses | 27 t€ | -28 t€ | -19 t€ | -45 t€ |
| Purchases during the financial year | 423 t€ | -439 t€ | -576 t€ | -433 t€ |
| Other short-term receivables | 13 t€ | 0 € | 268 € | 2 001 € |
| Long-term liabilities to credit institutions | 96 t€ | 130 t€ | 154 t€ | 185 t€ |
| Services purchased | 157 t€ | -222 t€ | -485 t€ | -271 t€ |
| Buildings and structures, Owned | 171 t€ | 183 t€ | 197 t€ | 205 t€ |
| Wages and salaries | 674 t€ | -641 t€ | -593 t€ | -571 t€ |
| Liabilities | 1,7 M€ | 1,8 M€ | 1,8 M€ | 1,7 M€ |
| Other shares and similar rights of ownership | 402 t€ | 402 t€ | 402 t€ | 402 t€ |
| Machinery and equipment | 430 t€ | 477 t€ | 523 t€ | 468 t€ |
| Short-term liabilities to credit institutions | 84 t€ | 81 t€ | 66 t€ | 59 t€ |
| Share premium reserve | 9 € | 9 € | 9 € | 9 € |
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, G C West Fastigheter Ab is in the top 10 % of the industry class combined facilities support activities (1077 companies with taxable income; median 17 t€, 8,4 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.
Public contracts won
- Påttin jätevedenpuhdistamon lietteen ja jätelavojen kuljettaminenVaasan kaupunki, Vaasan Vesi -liikelaitos600 t€
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