Vesijohtoliike HT-Asennus Oy is a limited company based in Sipoo, registered in 2001. In the financial year ending 31.12.2024, revenue was 110 t€ and operating profit 2 066 €; equity ratio 2.5 %. Latest Trade Register entry: line of business changed, 3.6.2026.
Revenue 2024110 t€+38 % on the previous year
Operating profit2 066 €1,9 % of revenue
Net profit-2 048 €EBITDA 11 t€
Equity ratio2,5 %quick ratio 2,27
Taxable income 20240 €
profit as taxed
Income taxes 20240 €0 € in 2020–2024
In business25 yrsregistered 29.6.2001
Trade Register1entries, latest: line of business changed
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2024 | 31.12.2023 | 31.12.2022 |
|---|---|---|---|
| Revenue | 110 t€ | 80 t€ | 123 t€ |
| Revenue change | 37,5 % | -35,0 % | – |
| EBITDA | 11 t€ | -19 t€ | -24 t€ |
| EBITDA % | 10,3 % | -23,8 % | -19,5 % |
| Operating profit | 2 066 € | -31 t€ | -25 t€ |
| Operating margin | 1,9 % | -39,3 % | -20,6 % |
| Net profit | -2 048 € | -35 t€ | -26 t€ |
| Personnel costs | 52 t€ | 56 t€ | 90 t€ |
| Equity ratio | 2,5 % | 5,6 % | 82,2 % |
| Quick ratio | 2,27 | 2,39 | 5,43 |
| Current ratio | 2,37 | 2,53 | 5,58 |
| Debt to revenue | 49,3 % | 73,5 % | 6,8 % |
| Return on equity | -146,5 % | -1008,7 % | -68,7 % |
| Balance sheet total | 55 t€ | 62 t€ | 47 t€ |
| Equity | 1 398 € | 3 446 € | 38 t€ |
| Cash and bank | 7 619 € | 3 257 € | 17 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|
| Turnover | 110 t€ | 80 t€ | 123 t€ |
| Raw materials and services | -20 t€ | -15 t€ | -19 t€ |
| Personnel expenses | -52 t€ | -56 t€ | -90 t€ |
| Depreciations and reductions in value | -9 225 € | -12 t€ | -1 369 € |
| Other operating expenses | -26 t€ | -28 t€ | -37 t€ |
| Operating profit (loss) | 2 066 € | -31 t€ | -25 t€ |
| Financial income and expenses + (-) | -4 115 € | -3 452 € | -929 € |
| Profit (loss) before appropriations and taxes | -2 048 € | -35 t€ | -26 t€ |
| Profit (loss) for the financial year | -2 048 € | -35 t€ | -26 t€ |
Balance sheet
| 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|
| Non-current assets | 28 t€ | 37 t€ | 4 108 € |
| Stocks | 1 100 € | 1 400 € | 1 100 € |
| Receivables | 19 t€ | 20 t€ | 24 t€ |
| Cash in hand and at banks | 7 619 € | 3 257 € | 17 t€ |
| Current assets | 28 t€ | 25 t€ | 42 t€ |
| Assets | 55 t€ | 62 t€ | 47 t€ |
| Share capital or other similar capital | 8 409 € | 8 409 € | 8 409 € |
| Capital and reserves | 1 398 € | 3 446 € | 38 t€ |
| Long-term liabilities | 42 t€ | 49 t€ | 689 € |
| Short-term liabilities | 12 t€ | 9 964 € | 7 604 € |
| Liabilities | 54 t€ | 59 t€ | 8 293 € |
All financial statement items (46)
| 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|
| Turnover | 110 t€ | 80 t€ | 123 t€ |
| Raw materials and services | -20 t€ | -15 t€ | -19 t€ |
| Personnel expenses | -52 t€ | -56 t€ | -90 t€ |
| Depreciations and reductions in value | -9 225 € | -12 t€ | -1 369 € |
| Other operating expenses | -26 t€ | -28 t€ | -37 t€ |
| Operating profit (loss) | 2 066 € | -31 t€ | -25 t€ |
| Financial income and expenses + (-) | -4 115 € | -3 452 € | -929 € |
| Profit (loss) before appropriations and taxes | -2 048 € | -35 t€ | -26 t€ |
| Profit (loss) for the financial year | -2 048 € | -35 t€ | -26 t€ |
| Non-current assets | 28 t€ | 37 t€ | 4 108 € |
| Stocks | 1 100 € | 1 400 € | 1 100 € |
| Receivables | 19 t€ | 20 t€ | 24 t€ |
| Cash in hand and at banks | 7 619 € | 3 257 € | 17 t€ |
| Current assets | 28 t€ | 25 t€ | 42 t€ |
| Assets | 55 t€ | 62 t€ | 47 t€ |
| Share capital or other similar capital | 8 409 € | 8 409 € | 8 409 € |
| Capital and reserves | 1 398 € | 3 446 € | 38 t€ |
| Long-term liabilities | 42 t€ | 49 t€ | 689 € |
| Short-term liabilities | 12 t€ | 9 964 € | 7 604 € |
| Liabilities | 54 t€ | 59 t€ | 8 293 € |
| Long-term loan receivables | 15 t€ | 13 t€ | 15 t€ |
| Depreciations according to plan | -9 225 € | -12 t€ | -1 369 € |
| Short-term sales receivables | 3 376 € | 5 103 € | 7 167 € |
| Pension expenses | -5 273 € | -5 016 € | -4 821 € |
| Other shares and holdings | 260 € | 260 € | 260 € |
| Profit (loss) for the period, equity | -2 048 € | -35 t€ | -26 t€ |
| Interest expenses and other financial expenses for non-Group companies | -4 118 € | -3 453 € | -929 € |
| Long-term receivables | 15 t€ | 14 t€ | 17 t€ |
| Short-term receivables | 3 376 € | 6 747 € | 7 167 € |
| Liabilities | 55 t€ | 62 t€ | 47 t€ |
| Inventory increase (+) or decrease (-) | -300 € | 300 € | 0 € |
| Wages and salaries | -45 t€ | -48 t€ | -82 t€ |
| Services purchased | 0 € | -90 € | -1 846 € |
| Other long-term receivables | 320 € | 1 000 € | 1 661 € |
| Other social security expenses | -2 297 € | -2 583 € | -2 783 € |
| Tangible assets | 28 t€ | 37 t€ | 4 108 € |
| Short-term accounts payable | 7 308 € | 6 633 € | 3 092 € |
| Other short-term receivables | 0 € | 1 643 € | 0 € |
| Other interest and financial income from non-group companies | 3 € | 1 € | 1 € |
| Shares and holdings | 260 € | 260 € | 260 € |
| Other current liabilities | 4 407 € | 3 331 € | 4 512 € |
| Long-term accounts payable | 42 t€ | 49 t€ | 689 € |
| Materials and supplies | 1 100 € | 1 400 € | 1 100 € |
| Purchases during the financial year | -19 t€ | -15 t€ | -17 t€ |
| Machinery and equipment | 28 t€ | 37 t€ | 4 108 € |
| Retained earnings | -4 963 € | 30 t€ | 56 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
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.
Trade Register events
- Line of business changed
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