Studio Nina Koukkula Oy is a limited company based in Helsinki, registered in 2000. In the financial year ending 31.12.2025, revenue was 14 t€ and operating profit -2 826 €; equity ratio -1585.9 %. Public buyers bought 478 € from it in 2024–2024; the largest buyer is Kaupunginkanslia, Helsinki (Helsinki).
Revenue 202514 t€-44 % on the previous year
Operating profit-2 826 €-19,9 % of revenue
Net profit-4 637 €EBITDA -3 017 €
Equity ratio-1585,9 %quick ratio 0,03
Taxable income 20240 €
profit as taxed
Income taxes 20240 €0 € in 2020–2024
In business26 yrsregistered 31.7.2000
Sales to public buyers478 €2024–2024
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 |
|---|---|---|---|---|---|---|
| Revenue | 14 t€ | 26 t€ | 25 t€ | 22 t€ | 32 t€ | 28 t€ |
| Revenue change | -44,5 % | 2,4 % | 14,0 % | -32,2 % | 13,6 % | – |
| EBITDA | -3 017 € | 6 949 € | 2 534 € | -2 099 € | 4 296 € | -7 218 € |
| EBITDA % | -21,2 % | 27,1 % | 10,1 % | -9,6 % | 13,3 % | -25,4 % |
| Operating profit | -2 826 € | 6 694 € | 2 195 € | -2 551 € | 3 694 € | -8 022 € |
| Operating margin | -19,9 % | 26,2 % | 8,8 % | -11,6 % | 11,4 % | -28,2 % |
| Net profit | -4 637 € | 4 538 € | 93 € | -3 419 € | 2 489 € | -8 742 € |
| Personnel costs | -2 544 € | 2 496 € | 2 355 € | 4 330 € | 3 450 € | 12 t€ |
| Equity ratio | -1585,9 % | -770,1 % | -994,5 % | -697,4 % | -389,0 % | -475,5 % |
| Quick ratio | 0,03 | 0,07 | 0,05 | 0,09 | 0,17 | 0,09 |
| Current ratio | 0,03 | 0,07 | 0,05 | 0,09 | 0,17 | 0,09 |
| Debt to revenue | 143,7 % | 64,2 % | 84,0 % | 100,0 % | 61,3 % | 77,6 % |
| Balance sheet total | 1 210 € | 1 889 € | 1 919 € | 2 750 € | 4 052 € | 3 838 € |
| Equity | -19 t€ | -15 t€ | -19 t€ | -19 t€ | -16 t€ | -18 t€ |
| Cash and bank | 483 € | 44 € | 773 € | 1 305 € | 2 133 € | 23 € |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 14 t€ | 26 t€ | 25 t€ | 22 t€ | 32 t€ | 28 t€ |
| Other operating income | 0 € | 1 195 € | 0 € | 6 000 € | 0 € | 2 000 € |
| Raw materials and services | 526 € | -1 530 € | -1 746 € | -6 786 € | -4 087 € | -6 019 € |
| Personnel expenses | 2 544 € | -2 496 € | -2 355 € | -4 330 € | -3 450 € | -12 t€ |
| Depreciations and reductions in value | 191 € | -254 € | -339 € | -452 € | -603 € | -804 € |
| Other operating expenses | 14 t€ | -16 t€ | -18 t€ | -19 t€ | -21 t€ | -19 t€ |
| Operating profit (loss) | -2 826 € | 6 694 € | 2 195 € | -2 551 € | 3 694 € | -8 022 € |
| Financial income and expenses + (-) | 1 811 € | -2 156 € | -2 102 € | -868 € | -1 205 € | -720 € |
| Profit (loss) before appropriations and taxes | -4 637 € | 4 538 € | 93 € | -3 419 € | 2 489 € | -8 742 € |
| Profit (loss) for the financial year | -4 637 € | 4 538 € | 93 € | -3 419 € | 2 489 € | -8 742 € |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Non-current assets | 572 € | 763 € | 1 017 € | 1 356 € | 1 808 € | 2 411 € |
| Receivables | 154 € | 1 082 € | 129 € | 89 € | 111 € | 1 404 € |
| Cash in hand and at banks | 483 € | 44 € | 773 € | 1 305 € | 2 133 € | 23 € |
| Current assets | 638 € | 1 126 € | 902 € | 1 394 € | 2 243 € | 1 427 € |
| Assets | 1 210 € | 1 889 € | 1 919 € | 2 750 € | 4 052 € | 3 838 € |
| Share capital or other similar capital | 8 409 € | 8 409 € | 8 409 € | 8 409 € | 8 409 € | 8 409 € |
| Capital and reserves | -19 t€ | -15 t€ | -19 t€ | -19 t€ | -16 t€ | -18 t€ |
| Long-term liabilities | 0 € | 834 € | 3 534 € | 5 620 € | 6 558 € | 6 558 € |
| Short-term liabilities | 20 t€ | 16 t€ | 17 t€ | 16 t€ | 13 t€ | 16 t€ |
| Liabilities | 20 t€ | 16 t€ | 21 t€ | 22 t€ | 20 t€ | 22 t€ |
All financial statement items (43)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 14 t€ | 26 t€ | 25 t€ | 22 t€ | 32 t€ | 28 t€ |
| Other operating income | 0 € | 1 195 € | 0 € | 6 000 € | 0 € | 2 000 € |
| Raw materials and services | 526 € | -1 530 € | -1 746 € | -6 786 € | -4 087 € | -6 019 € |
| Personnel expenses | 2 544 € | -2 496 € | -2 355 € | -4 330 € | -3 450 € | -12 t€ |
| Depreciations and reductions in value | 191 € | -254 € | -339 € | -452 € | -603 € | -804 € |
| Other operating expenses | 14 t€ | -16 t€ | -18 t€ | -19 t€ | -21 t€ | -19 t€ |
| Operating profit (loss) | -2 826 € | 6 694 € | 2 195 € | -2 551 € | 3 694 € | -8 022 € |
| Financial income and expenses + (-) | 1 811 € | -2 156 € | -2 102 € | -868 € | -1 205 € | -720 € |
| Profit (loss) before appropriations and taxes | -4 637 € | 4 538 € | 93 € | -3 419 € | 2 489 € | -8 742 € |
| Profit (loss) for the financial year | -4 637 € | 4 538 € | 93 € | -3 419 € | 2 489 € | -8 742 € |
| Non-current assets | 572 € | 763 € | 1 017 € | 1 356 € | 1 808 € | 2 411 € |
| Receivables | 154 € | 1 082 € | 129 € | 89 € | 111 € | 1 404 € |
| Cash in hand and at banks | 483 € | 44 € | 773 € | 1 305 € | 2 133 € | 23 € |
| Current assets | 638 € | 1 126 € | 902 € | 1 394 € | 2 243 € | 1 427 € |
| Assets | 1 210 € | 1 889 € | 1 919 € | 2 750 € | 4 052 € | 3 838 € |
| Share capital or other similar capital | 8 409 € | 8 409 € | 8 409 € | 8 409 € | 8 409 € | 8 409 € |
| Capital and reserves | -19 t€ | -15 t€ | -19 t€ | -19 t€ | -16 t€ | -18 t€ |
| Long-term liabilities | 0 € | 834 € | 3 534 € | 5 620 € | 6 558 € | 6 558 € |
| Short-term liabilities | 20 t€ | 16 t€ | 17 t€ | 16 t€ | 13 t€ | 16 t€ |
| Liabilities | 20 t€ | 16 t€ | 21 t€ | 22 t€ | 20 t€ | 22 t€ |
| Pension expenses | 2 358 € | -2 308 € | -2 196 € | -2 116 € | -2 065 € | -2 038 € |
| Depreciations according to plan | 191 € | -254 € | -339 € | -452 € | -603 € | -804 € |
| Tangible assets | 572 € | 763 € | 1 017 € | 1 356 € | 1 808 € | 2 411 € |
| Retained earnings | -32 t€ | -36 t€ | -37 t€ | -33 t€ | -36 t€ | -27 t€ |
| Short-term receivables | 154 € | 1 082 € | 129 € | 89 € | 111 € | 1 233 € |
| Other current liabilities | 15 t€ | 10 t€ | 12 t€ | 12 t€ | 9 831 € | 11 t€ |
| Short-term sales receivables | – | 0 € | 76 € | 0 € | 0 € | 1 233 € |
| Short-term prepayments and accrued income | 75 € | 130 € | 53 € | 89 € | 109 € | 0 € |
| Interest expenses and other financial expenses for non-Group companies | 1 811 € | -2 156 € | -2 102 € | -868 € | -1 205 € | -720 € |
| Short-term accounts payable | 2 320 € | 1 547 € | 2 152 € | 932 € | 610 € | 1 257 € |
| Long-term receivables | – | – | – | – | 0 € | 171 € |
| Reserve for invested non-restricted equity | 9 000 € | 9 000 € | 9 000 € | 9 000 € | 9 000 € | 9 000 € |
| Profit (loss) for the period, equity | -4 637 € | 4 538 € | 93 € | -3 419 € | 2 489 € | -8 742 € |
| Other social security expenses | 186 € | -188 € | -159 € | -184 € | -141 € | -323 € |
| Purchases during the financial year | 282 € | -432 € | -263 € | -601 € | -1 771 € | -5 098 € |
| Other short-term receivables | 79 € | 952 € | 0 € | 0 € | 2 € | 0 € |
| Long-term liabilities to credit institutions | 0 € | 834 € | 3 534 € | 5 620 € | 6 558 € | 6 558 € |
| Services purchased | 244 € | -1 098 € | -1 484 € | -6 185 € | -2 316 € | -921 € |
| Wages and salaries | – | – | 0 € | -2 030 € | -1 244 € | -9 950 € |
| Long-term prepayments and accrued income | – | – | – | – | 0 € | 171 € |
| Liabilities | 1 210 € | 1 889 € | 1 919 € | 2 750 € | 4 052 € | 3 838 € |
| Machinery and equipment | 572 € | 763 € | 1 017 € | 1 356 € | 1 808 € | 2 411 € |
| Short-term liabilities to credit institutions | 2 634 € | 3 600 € | 3 600 € | 3 752 € | 2 814 € | 2 814 € |
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
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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