JUSWELL Oy is a limited company based in Kalajoki, registered in 2002. In the financial year ending 31.12.2025, revenue was 13 t€ and operating profit -7 750 €; equity ratio 87.6 %. Its taxable income in 2024 was 3 883 € and its income taxes 424 €.
Revenue 202513 t€-1 % on the previous year
Operating profit-7 750 €-60,5 % of revenue
Net profit2 274 €EBITDA -11 t€
Equity ratio87,6 %quick ratio 4,51
Taxable income 20243 883 €
lower half of its industry
Income taxes 2024424 €11 t€ in 2020–2024
In business24 yrsregistered 5.3.2002
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 |
|---|---|---|---|---|---|
| Revenue | 13 t€ | 13 t€ | 57 t€ | 131 t€ | 114 t€ |
| Revenue change | -1,4 % | -77,4 % | -56,3 % | 14,8 % | – |
| EBITDA | -11 t€ | 1 734 € | 4 857 € | 27 t€ | 31 t€ |
| EBITDA % | -82,8 % | 13,3 % | 8,5 % | 20,8 % | 27,1 % |
| Operating profit | -7 750 € | -1 963 € | -401 € | 22 t€ | 24 t€ |
| Operating margin | -60,5 % | -15,1 % | -0,7 % | 16,5 % | 21,4 % |
| Net profit | 2 274 € | 1 233 € | 3 872 € | 18 t€ | 14 t€ |
| Personnel costs | -89 € | -505 € | 8 580 € | 39 t€ | 32 t€ |
| Equity ratio | 87,6 % | 82,7 % | 87,9 % | 79,3 % | 78,5 % |
| Quick ratio | 4,51 | 3,73 | 5,07 | 3,12 | 2,85 |
| Current ratio | 4,51 | 3,73 | 5,07 | 3,12 | 2,85 |
| Debt to revenue | 146,8 % | 231,5 % | 37,7 % | 33,2 % | 38,6 % |
| Return on equity | 1,7 % | 0,9 % | 2,5 % | 10,7 % | 8,7 % |
| Balance sheet total | 152 t€ | 174 t€ | 179 t€ | 210 t€ | 206 t€ |
| Equity | 133 t€ | 144 t€ | 157 t€ | 167 t€ | 162 t€ |
| Cash and bank | 80 t€ | 96 t€ | 100 t€ | 126 t€ | 120 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 | 31.12.2021 | |
|---|---|---|---|---|---|
| Turnover | 13 t€ | 13 t€ | 57 t€ | 131 t€ | 114 t€ |
| Other operating income | 613 € | 2 226 € | 0 € | 0 € | 1 050 € |
| Raw materials and services | 9 734 € | -3 393 € | -23 t€ | -34 t€ | -29 t€ |
| Personnel expenses | 89 € | 505 € | -8 580 € | -39 t€ | -32 t€ |
| Depreciations and reductions in value | 2 852 € | -3 697 € | -5 258 € | -5 675 € | -6 602 € |
| Other operating expenses | 8 497 € | -11 t€ | -21 t€ | -32 t€ | -23 t€ |
| Operating profit (loss) | -7 750 € | -1 963 € | -401 € | 22 t€ | 24 t€ |
| Financial income and expenses + (-) | -10 t€ | 3 973 € | 6 234 € | 1 089 € | -5 599 € |
| Profit (loss) before appropriations and taxes | 2 274 € | 2 010 € | 5 833 € | 23 t€ | 19 t€ |
| Income taxes | 0 € | -777 € | -1 961 € | -4 927 € | -4 849 € |
| Profit (loss) for the financial year | 2 274 € | 1 233 € | 3 872 € | 18 t€ | 14 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|---|---|
| Non-current assets | 67 t€ | 62 t€ | 69 t€ | 74 t€ | 80 t€ |
| Receivables | 4 431 € | 16 t€ | 9 590 € | 9 889 € | 6 285 € |
| Cash in hand and at banks | 80 t€ | 96 t€ | 100 t€ | 126 t€ | 120 t€ |
| Current assets | 85 t€ | 112 t€ | 110 t€ | 136 t€ | 126 t€ |
| Assets | 152 t€ | 174 t€ | 179 t€ | 210 t€ | 206 t€ |
| Share capital or other similar capital | 8 000 € | 8 000 € | 8 000 € | 8 000 € | 8 000 € |
| Capital and reserves | 133 t€ | 144 t€ | 157 t€ | 167 t€ | 162 t€ |
| Short-term liabilities | 19 t€ | 30 t€ | 22 t€ | 44 t€ | 44 t€ |
| Liabilities | 19 t€ | 30 t€ | 22 t€ | 44 t€ | 44 t€ |
All financial statement items (54)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|---|---|
| Turnover | 13 t€ | 13 t€ | 57 t€ | 131 t€ | 114 t€ |
| Other operating income | 613 € | 2 226 € | 0 € | 0 € | 1 050 € |
| Raw materials and services | 9 734 € | -3 393 € | -23 t€ | -34 t€ | -29 t€ |
| Personnel expenses | 89 € | 505 € | -8 580 € | -39 t€ | -32 t€ |
| Depreciations and reductions in value | 2 852 € | -3 697 € | -5 258 € | -5 675 € | -6 602 € |
| Other operating expenses | 8 497 € | -11 t€ | -21 t€ | -32 t€ | -23 t€ |
| Operating profit (loss) | -7 750 € | -1 963 € | -401 € | 22 t€ | 24 t€ |
| Financial income and expenses + (-) | -10 t€ | 3 973 € | 6 234 € | 1 089 € | -5 599 € |
| Profit (loss) before appropriations and taxes | 2 274 € | 2 010 € | 5 833 € | 23 t€ | 19 t€ |
| Income taxes | 0 € | -777 € | -1 961 € | -4 927 € | -4 849 € |
| Profit (loss) for the financial year | 2 274 € | 1 233 € | 3 872 € | 18 t€ | 14 t€ |
| Non-current assets | 67 t€ | 62 t€ | 69 t€ | 74 t€ | 80 t€ |
| Receivables | 4 431 € | 16 t€ | 9 590 € | 9 889 € | 6 285 € |
| Cash in hand and at banks | 80 t€ | 96 t€ | 100 t€ | 126 t€ | 120 t€ |
| Current assets | 85 t€ | 112 t€ | 110 t€ | 136 t€ | 126 t€ |
| Assets | 152 t€ | 174 t€ | 179 t€ | 210 t€ | 206 t€ |
| Share capital or other similar capital | 8 000 € | 8 000 € | 8 000 € | 8 000 € | 8 000 € |
| Capital and reserves | 133 t€ | 144 t€ | 157 t€ | 167 t€ | 162 t€ |
| Short-term liabilities | 19 t€ | 30 t€ | 22 t€ | 44 t€ | 44 t€ |
| Liabilities | 19 t€ | 30 t€ | 22 t€ | 44 t€ | 44 t€ |
| Long-term loan receivables | 0 € | 4 569 € | 0 € | – | – |
| Services purchased | 7 870 € | -216 € | -4 903 € | -9 653 € | -13 t€ |
| Other tangible assets | – | 0 € | 1 327 € | 1 769 € | 2 359 € |
| Impairment on investments for non-current assets | -7 027 € | -1 881 € | -3 722 € | -2 714 € | -6 664 € |
| Retained earnings | 123 t€ | 135 t€ | 145 t€ | 141 t€ | 140 t€ |
| Other current liabilities | 12 t€ | 24 t€ | 11 t€ | 27 t€ | 28 t€ |
| Profit (loss) for the period, equity | 2 274 € | 1 233 € | 3 872 € | 18 t€ | 14 t€ |
| Other short-term receivables | 190 € | 1 038 € | 591 € | 1 590 € | 1 860 € |
| Depreciations according to plan | 2 852 € | -3 697 € | -5 258 € | -5 675 € | -6 602 € |
| Short-term accounts payable | 806 € | 649 € | 3 067 € | 6 739 € | 3 971 € |
| Income from other investments under non-current assets, from other companies | 1 821 € | 0 € | 3 311 € | 970 € | 1 284 € |
| Purchases during the financial year | 1 864 € | -3 176 € | -19 t€ | -24 t€ | -16 t€ |
| Land and water areas, Owned | 9 732 € | 9 732 € | 9 732 € | 9 732 € | 9 732 € |
| Wages and salaries | 0 € | 409 € | -6 190 € | -32 t€ | -26 t€ |
| Short-term sales receivables | 763 € | 2 052 € | 3 611 € | 4 479 € | 3 193 € |
| Interest expenses and other financial expenses for non-Group companies | 35 € | -13 € | -323 € | -232 € | -224 € |
| Other interest and financial income from non-group companies | 1 211 € | 5 867 € | 6 968 € | 3 064 € | 6 € |
| Other social security expenses | 136 € | -23 € | -1 495 € | -987 € | -1 851 € |
| Tangible assets | 22 t€ | 25 t€ | 30 t€ | 32 t€ | 35 t€ |
| Other receivables (investments) | 10 t€ | 8 071 € | 8 514 € | 10 t€ | 10 t€ |
| Short-term accrued expenses and deferred income | 5 801 € | 5 801 € | 7 693 € | 9 572 € | 11 t€ |
| Short-term receivables | 4 431 € | 11 t€ | 9 590 € | 9 889 € | 6 285 € |
| Pension expenses | -47 € | 120 € | -895 € | -5 803 € | -4 574 € |
| Buildings and structures, Owned | 5 438 € | 5 848 € | 6 288 € | 6 761 € | 7 270 € |
| Machinery and equipment | 7 327 € | 9 770 € | 13 t€ | 14 t€ | 16 t€ |
| Current receivables from Group companies | – | – | 0 € | 970 € | 0 € |
| Short-term loan receivables | 519 € | 3 878 € | 0 € | 0 € | 616 € |
| Other shares and similar rights of ownership | 32 t€ | 26 t€ | 27 t€ | 30 t€ | 32 t€ |
| Long-term receivables | 0 € | 4 569 € | 0 € | – | – |
| Shares and similar rights of ownership in subsidiaries | 2 540 € | 2 540 € | 2 540 € | 2 540 € | 2 540 € |
| Short-term liabilities to credit institutions | – | – | – | 0 € | 1 087 € |
| Short-term prepayments and accrued income | 2 958 € | 4 279 € | 5 388 € | 2 850 € | 616 € |
| Investments | 45 t€ | 37 t€ | 39 t€ | 42 t€ | 45 t€ |
| Liabilities | 152 t€ | 174 t€ | 179 t€ | 210 t€ | 206 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
Measured by taxable income, JUSWELL Oy is in the lower half of the industry class business and other management consultancy activities (7664 companies with taxable income; median 16 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.