Oy Synolon Ltd is a limited company based in Oulu, registered in 2000. In the financial year ending 31.8.2025, revenue was 67 t€ and operating profit 30 t€; equity ratio 99.6 %. Its taxable income in 2024 was 24 t€ and its income taxes 4 775 €. Public buyers bought 52 t€ from it in 2022–2024; the largest buyer is Koulutus Ja Jatkuva Oppiminen (Tampereen yliopisto).
Revenue 202567 t€-26 % on the previous year
Operating profit30 t€45,1 % of revenue
Net profit24 t€EBITDA 36 t€
Equity ratio99,6 %quick ratio 186,34
Taxable income 202424 t€
upper half of its industry
Income taxes 20244 775 €64 t€ in 2020–2024
In business26 yrsregistered 18.8.2000
Sales to public buyers52 t€2022–2024
Financials
RevenueOperating profitNet profit
| Key figures | 31.8.2025 | 31.8.2024 | 31.8.2023 | 31.8.2022 | 31.8.2021 | 31.8.2020 |
|---|---|---|---|---|---|---|
| Revenue | 67 t€ | 90 t€ | 132 t€ | 212 t€ | 243 t€ | 197 t€ |
| Revenue change | -25,6 % | -31,4 % | -37,7 % | -12,7 % | 22,9 % | – |
| EBITDA | 36 t€ | 30 t€ | 53 t€ | 72 t€ | 96 t€ | 77 t€ |
| EBITDA % | 53,6 % | 33,1 % | 40,2 % | 33,8 % | 39,6 % | 38,9 % |
| Operating profit | 30 t€ | 24 t€ | 47 t€ | 71 t€ | 96 t€ | 76 t€ |
| Operating margin | 45,1 % | 26,1 % | 35,9 % | 33,6 % | 39,4 % | 38,7 % |
| Net profit | 24 t€ | 19 t€ | 38 t€ | 57 t€ | 76 t€ | 62 t€ |
| Personnel costs | -45 € | 28 t€ | 27 t€ | 94 t€ | 105 t€ | 64 t€ |
| Equity ratio | 99,6 % | 98,5 % | 92,8 % | 96,0 % | 96,9 % | 96,7 % |
| Quick ratio | 186,34 | 45,18 | 3,01 | 9,96 | 11,03 | 7,22 |
| Current ratio | 186,34 | 45,18 | 3,01 | 9,96 | 11,03 | 7,22 |
| Debt to revenue | 2,2 % | 6,8 % | 23,6 % | 7,7 % | 4,9 % | 5,4 % |
| Return on equity | 6,3 % | 4,8 % | 9,3 % | 14,4 % | 20,7 % | 19,6 % |
| Balance sheet total | 385 t€ | 396 t€ | 434 t€ | 413 t€ | 380 t€ | 327 t€ |
| Equity | 383 t€ | 390 t€ | 403 t€ | 397 t€ | 368 t€ | 317 t€ |
| Cash and bank | 266 t€ | 270 t€ | 79 t€ | 136 t€ | 70 t€ | 61 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.8.2025 | 31.8.2024 | 31.8.2023 | 31.8.2022 | 31.8.2021 | 31.8.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 67 t€ | 90 t€ | 132 t€ | 212 t€ | 243 t€ | 197 t€ |
| Other operating income | 0 € | 6 220 € | – | – | 0 € | 2 000 € |
| Raw materials and services | -63 € | -514 € | -7 027 € | -2 091 € | -1 227 € | -8 214 € |
| Personnel expenses | 45 € | -28 t€ | -27 t€ | -94 t€ | -105 t€ | -64 t€ |
| Depreciations and reductions in value | -5 726 € | -6 357 € | -5 645 € | -273 € | -363 € | -485 € |
| Other operating expenses | -31 t€ | -38 t€ | -45 t€ | -44 t€ | -41 t€ | -51 t€ |
| Operating profit (loss) | 30 t€ | 24 t€ | 47 t€ | 71 t€ | 96 t€ | 76 t€ |
| Financial income and expenses + (-) | 5 € | -30 € | -351 € | -54 € | -146 € | -225 € |
| Profit (loss) before appropriations and taxes | 30 t€ | 24 t€ | 47 t€ | 71 t€ | 96 t€ | 76 t€ |
| Income taxes | -6 084 € | -4 775 € | -9 490 € | -14 t€ | -19 t€ | -14 t€ |
| Profit (loss) for the financial year | 24 t€ | 19 t€ | 38 t€ | 57 t€ | 76 t€ | 62 t€ |
Balance sheet
| 31.8.2025 | 31.8.2024 | 31.8.2023 | 31.8.2022 | 31.8.2021 | 31.8.2020 | |
|---|---|---|---|---|---|---|
| Non-current assets | 114 t€ | 120 t€ | 340 t€ | 250 t€ | 250 t€ | 250 t€ |
| Receivables | 4 740 € | 6 630 € | 15 t€ | 28 t€ | 60 t€ | 16 t€ |
| Cash in hand and at banks | 266 t€ | 270 t€ | 79 t€ | 136 t€ | 70 t€ | 61 t€ |
| Current assets | 271 t€ | 276 t€ | 94 t€ | 163 t€ | 130 t€ | 77 t€ |
| Assets | 385 t€ | 396 t€ | 434 t€ | 413 t€ | 380 t€ | 327 t€ |
| Share capital or other similar capital | 8 409 € | 8 409 € | 8 409 € | 8 409 € | 8 409 € | 8 409 € |
| Capital and reserves | 383 t€ | 390 t€ | 403 t€ | 397 t€ | 368 t€ | 317 t€ |
| Short-term liabilities | 1 452 € | 6 113 € | 31 t€ | 16 t€ | 12 t€ | 11 t€ |
| Liabilities | 1 452 € | 6 113 € | 31 t€ | 16 t€ | 12 t€ | 11 t€ |
All financial statement items (45)
| 31.8.2025 | 31.8.2024 | 31.8.2023 | 31.8.2022 | 31.8.2021 | 31.8.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 67 t€ | 90 t€ | 132 t€ | 212 t€ | 243 t€ | 197 t€ |
| Other operating income | 0 € | 6 220 € | – | – | 0 € | 2 000 € |
| Raw materials and services | -63 € | -514 € | -7 027 € | -2 091 € | -1 227 € | -8 214 € |
| Personnel expenses | 45 € | -28 t€ | -27 t€ | -94 t€ | -105 t€ | -64 t€ |
| Depreciations and reductions in value | -5 726 € | -6 357 € | -5 645 € | -273 € | -363 € | -485 € |
| Other operating expenses | -31 t€ | -38 t€ | -45 t€ | -44 t€ | -41 t€ | -51 t€ |
| Operating profit (loss) | 30 t€ | 24 t€ | 47 t€ | 71 t€ | 96 t€ | 76 t€ |
| Financial income and expenses + (-) | 5 € | -30 € | -351 € | -54 € | -146 € | -225 € |
| Profit (loss) before appropriations and taxes | 30 t€ | 24 t€ | 47 t€ | 71 t€ | 96 t€ | 76 t€ |
| Income taxes | -6 084 € | -4 775 € | -9 490 € | -14 t€ | -19 t€ | -14 t€ |
| Profit (loss) for the financial year | 24 t€ | 19 t€ | 38 t€ | 57 t€ | 76 t€ | 62 t€ |
| Non-current assets | 114 t€ | 120 t€ | 340 t€ | 250 t€ | 250 t€ | 250 t€ |
| Receivables | 4 740 € | 6 630 € | 15 t€ | 28 t€ | 60 t€ | 16 t€ |
| Cash in hand and at banks | 266 t€ | 270 t€ | 79 t€ | 136 t€ | 70 t€ | 61 t€ |
| Current assets | 271 t€ | 276 t€ | 94 t€ | 163 t€ | 130 t€ | 77 t€ |
| Assets | 385 t€ | 396 t€ | 434 t€ | 413 t€ | 380 t€ | 327 t€ |
| Share capital or other similar capital | 8 409 € | 8 409 € | 8 409 € | 8 409 € | 8 409 € | 8 409 € |
| Capital and reserves | 383 t€ | 390 t€ | 403 t€ | 397 t€ | 368 t€ | 317 t€ |
| Short-term liabilities | 1 452 € | 6 113 € | 31 t€ | 16 t€ | 12 t€ | 11 t€ |
| Liabilities | 1 452 € | 6 113 € | 31 t€ | 16 t€ | 12 t€ | 11 t€ |
| Buildings and structures, Owned | 105 t€ | 109 t€ | 85 t€ | 0 € | – | – |
| Purchases during the financial year | -63 € | -393 € | -1 113 € | -1 341 € | -883 € | -3 069 € |
| Short-term receivables | 4 740 € | 6 630 € | 15 t€ | 28 t€ | 60 t€ | 16 t€ |
| Other short-term receivables | 0 € | 1 561 € | 562 € | 215 € | 1 148 € | 598 € |
| Profit (loss) for the period, equity | 24 t€ | 19 t€ | 38 t€ | 57 t€ | 76 t€ | 62 t€ |
| Short-term loan receivables | 0 € | 447 € | 447 € | 2 529 € | 46 t€ | 0 € |
| Tangible assets | 114 t€ | 120 t€ | 97 t€ | 5 708 € | 5 980 € | 6 344 € |
| Short-term accrued expenses and deferred income | 0 € | 417 € | 11 t€ | 11 t€ | 5 297 € | 1 214 € |
| Interest expenses and other financial expenses for non-Group companies | -5 € | -30 € | -356 € | -54 € | -149 € | -227 € |
| Other shares and similar rights of ownership | 84 € | 84 € | 244 t€ | 244 t€ | 244 t€ | 244 t€ |
| Other social security expenses | -14 € | -650 € | -963 € | -2 529 € | -2 626 € | -1 971 € |
| Short-term sales receivables | – | 0 € | 7 810 € | 17 t€ | 7 000 € | 7 812 € |
| Depreciations according to plan | -5 726 € | -6 357 € | -5 645 € | -273 € | -363 € | -485 € |
| Other current liabilities | 691 € | 748 € | 1 189 € | 2 191 € | 1 754 € | 6 495 € |
| Short-term accounts payable | 761 € | 4 948 € | 19 t€ | 3 475 € | 4 772 € | 2 983 € |
| Retained earnings | 350 t€ | 363 t€ | 357 t€ | 331 t€ | 284 t€ | 246 t€ |
| Machinery and equipment | 4 041 € | 5 388 € | 7 184 € | 818 € | 1 090 € | 1 454 € |
| Wages and salaries | 0 € | -23 t€ | -22 t€ | -76 t€ | -84 t€ | -48 t€ |
| Other interest and financial income from non-group companies | 10 € | 0 € | 4 € | 0 € | 3 € | 2 € |
| Investments | 84 € | 84 € | 244 t€ | 244 t€ | 244 t€ | 244 t€ |
| Other tangible assets | 4 890 € | 4 890 € | 4 890 € | 4 890 € | 4 890 € | 4 890 € |
| Pension expenses | 59 € | -4 134 € | -4 123 € | -16 t€ | -18 t€ | -14 t€ |
| Services purchased | 0 € | -121 € | -5 914 € | -749 € | -344 € | -5 145 € |
| Liabilities | 385 t€ | 396 t€ | 434 t€ | 413 t€ | 380 t€ | 327 t€ |
| Short-term prepayments and accrued income | 4 740 € | 4 622 € | 6 034 € | 8 152 € | 6 396 € | 7 594 € |
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, Oy Synolon Ltd is in the upper half of the industry class other human health activities n.e.c. (1447 companies with taxable income; median 18 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.
Sales to public buyers
Largest buyers
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