Vasakulma Oy is a limited company based in Sodankylä, registered in 2002. The company has been in liquidation since 7.5.2026. In the financial year ending 31.12.2024, revenue was 77 t€ and operating profit 38 t€; equity ratio 96.8 %. Its taxable income in 2024 was 38 t€ and its income taxes 7 654 €. Latest Trade Register entry: liquidation, 17.5.2026.
Financials
| Key figures | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 |
|---|---|---|---|---|---|
| Revenue | 77 t€ | 72 t€ | 75 t€ | 67 t€ | 65 t€ |
| Revenue change | 6,7 % | -3,7 % | 12,0 % | 1,9 % | – |
| EBITDA | 38 t€ | 28 t€ | 20 t€ | 7 113 € | 8 316 € |
| EBITDA % | 49,8 % | 38,6 % | 26,8 % | 10,7 % | 12,7 % |
| Operating profit | 38 t€ | 28 t€ | 20 t€ | 7 113 € | 8 316 € |
| Operating margin | 49,8 % | 38,6 % | 26,8 % | 10,7 % | 12,7 % |
| Net profit | 30 t€ | 22 t€ | 16 t€ | 5 637 € | 6 653 € |
| Equity ratio | 96,8 % | 94,5 % | 97,4 % | 98,5 % | 98,5 % |
| Quick ratio | 14,01 | 3,91 | 18,48 | 202,77 | 193,14 |
| Current ratio | 14,01 | 3,91 | 18,48 | 202,77 | 193,14 |
| Debt to revenue | 7,0 % | 10,7 % | 6,1 % | 3,9 % | 3,8 % |
| Return on equity | 18,5 % | 16,8 % | 9,4 % | 3,4 % | 4,2 % |
| Balance sheet total | 170 t€ | 142 t€ | 176 t€ | 168 t€ | 162 t€ |
| Equity | 164 t€ | 134 t€ | 171 t€ | 165 t€ | 160 t€ |
| Cash and bank | 52 t€ | 24 t€ | 59 t€ | 48 t€ | 36 t€ |
Balance sheet
Income statement and balance sheet
Income statement
| 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|
| Turnover | 77 t€ | 72 t€ | 75 t€ | 67 t€ | 65 t€ |
| Other operating income | – | – | – | 0 € | 50 € |
| Raw materials and services | -34 t€ | -32 t€ | -52 t€ | -57 t€ | -55 t€ |
| Other operating expenses | -4 145 € | -12 t€ | -2 700 € | -2 878 € | -2 244 € |
| Operating profit (loss) | 38 t€ | 28 t€ | 20 t€ | 7 113 € | 8 316 € |
| Financial income and expenses + (-) | -126 € | 0 € | 1 € | 0 € | 0 € |
| Profit (loss) before appropriations and taxes | 38 t€ | 28 t€ | 20 t€ | 7 113 € | 8 316 € |
| Income taxes | -7 654 € | -5 297 € | -4 009 € | -1 475 € | -1 663 € |
| Profit (loss) for the financial year | 30 t€ | 22 t€ | 16 t€ | 5 637 € | 6 653 € |
Balance sheet
| 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|
| Non-current assets | 116 t€ | 116 t€ | 116 t€ | 116 t€ | 116 t€ |
| Receivables | 1 747 € | 1 814 € | 887 € | 4 187 € | 10 t€ |
| Cash in hand and at banks | 52 t€ | 24 t€ | 59 t€ | 48 t€ | 36 t€ |
| Current assets | 54 t€ | 26 t€ | 60 t€ | 52 t€ | 46 t€ |
| Assets | 170 t€ | 142 t€ | 176 t€ | 168 t€ | 162 t€ |
| Share capital or other similar capital | 8 000 € | 8 000 € | 8 000 € | 8 000 € | 8 000 € |
| Capital and reserves | 164 t€ | 134 t€ | 171 t€ | 165 t€ | 160 t€ |
| Long-term liabilities | 1 580 € | 1 580 € | 1 310 € | 2 335 € | 2 245 € |
| Short-term liabilities | 3 824 € | 6 629 € | 3 234 € | 255 € | 238 € |
| Liabilities | 5 404 € | 8 209 € | 4 544 € | 2 590 € | 2 483 € |
All financial statement items (36)
| 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|
| Turnover | 77 t€ | 72 t€ | 75 t€ | 67 t€ | 65 t€ |
| Other operating income | – | – | – | 0 € | 50 € |
| Raw materials and services | -34 t€ | -32 t€ | -52 t€ | -57 t€ | -55 t€ |
| Other operating expenses | -4 145 € | -12 t€ | -2 700 € | -2 878 € | -2 244 € |
| Operating profit (loss) | 38 t€ | 28 t€ | 20 t€ | 7 113 € | 8 316 € |
| Financial income and expenses + (-) | -126 € | 0 € | 1 € | 0 € | 0 € |
| Profit (loss) before appropriations and taxes | 38 t€ | 28 t€ | 20 t€ | 7 113 € | 8 316 € |
| Income taxes | -7 654 € | -5 297 € | -4 009 € | -1 475 € | -1 663 € |
| Profit (loss) for the financial year | 30 t€ | 22 t€ | 16 t€ | 5 637 € | 6 653 € |
| Non-current assets | 116 t€ | 116 t€ | 116 t€ | 116 t€ | 116 t€ |
| Receivables | 1 747 € | 1 814 € | 887 € | 4 187 € | 10 t€ |
| Cash in hand and at banks | 52 t€ | 24 t€ | 59 t€ | 48 t€ | 36 t€ |
| Current assets | 54 t€ | 26 t€ | 60 t€ | 52 t€ | 46 t€ |
| Assets | 170 t€ | 142 t€ | 176 t€ | 168 t€ | 162 t€ |
| Share capital or other similar capital | 8 000 € | 8 000 € | 8 000 € | 8 000 € | 8 000 € |
| Capital and reserves | 164 t€ | 134 t€ | 171 t€ | 165 t€ | 160 t€ |
| Long-term liabilities | 1 580 € | 1 580 € | 1 310 € | 2 335 € | 2 245 € |
| Short-term liabilities | 3 824 € | 6 629 € | 3 234 € | 255 € | 238 € |
| Liabilities | 5 404 € | 8 209 € | 4 544 € | 2 590 € | 2 483 € |
| Short-term sales receivables | 1 540 € | 1 814 € | 768 € | 0 € | 465 € |
| Other short-term receivables | 207 € | 0 € | 119 € | 0 € | – |
| Retained earnings | 126 t€ | 103 t€ | 147 t€ | 152 t€ | 145 t€ |
| Short-term accrued expenses and deferred income | 3 824 € | 4 130 € | 2 610 € | 0 € | – |
| Long-term advances received | 1 580 € | 1 580 € | 1 310 € | 2 335 € | 2 245 € |
| Other shares and similar rights of ownership | 116 t€ | 116 t€ | 116 t€ | 116 t€ | 116 t€ |
| Short-term accounts payable | 0 € | 285 € | 131 € | 131 € | 0 € |
| Other current liabilities | 0 € | 1 729 € | 493 € | 125 € | 238 € |
| Investments | 116 t€ | 116 t€ | 116 t€ | 116 t€ | 116 t€ |
| Other interest and financial income from non-group companies | 0 € | 0 € | 1 € | 0 € | 0 € |
| Liabilities | 170 t€ | 142 t€ | 176 t€ | 168 t€ | 162 t€ |
| Interest expenses and other financial expenses for non-Group companies | -126 € | 0 € | – | – | – |
| Purchases during the financial year | -34 t€ | -32 t€ | -52 t€ | -57 t€ | -55 t€ |
| Short-term receivables | 1 747 € | 1 814 € | 887 € | 4 187 € | 10 t€ |
| Profit (loss) for the period, equity | 30 t€ | 22 t€ | 16 t€ | 5 637 € | 6 653 € |
| Short-term advances received | 0 € | 484 € | 0 € | – | – |
| Short-term prepayments and accrued income | – | – | 0 € | 4 187 € | 9 737 € |
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, Vasakulma Oy is in the top quarter of the industry class rental of own or leased dwellings and residential real estate (1362 companies with taxable income; median 9 263 €, 4,1 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.
Trade Register events
- Liquidation
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