Oy Hiltop Ab is a limited company based in Kokkola, registered in 2003. In the financial year ending 30.6.2026, revenue was 6,0 M€ and operating profit 763 t€; equity ratio 78.9 %. Its taxable income in 2024 was 1,1 M€ and its income taxes 218 t€.
Revenue 20266,0 M€+15 % on the previous year
Operating profit763 t€12,6 % of revenue
Net profit651 t€EBITDA 530 t€
Equity ratio78,9 %quick ratio 2,73
Taxable income 20241,1 M€
top 10 % of its industry
Income taxes 2024218 t€1,1 M€ in 2020–2024
In business22 yrsregistered 31.12.2003
Financials
RevenueOperating profitNet profit
| Key figures | 30.6.2026 | 30.6.2025 | 30.6.2024 | 30.6.2023 | 30.6.2022 | 30.6.2021 |
|---|---|---|---|---|---|---|
| Revenue | 6,0 M€ | 5,2 M€ | 6,3 M€ | 7,0 M€ | 8,8 M€ | 5,8 M€ |
| Revenue change | 15,3 % | -17,1 % | -10,1 % | -20,0 % | 52,4 % | – |
| EBITDA | 530 t€ | 1,0 M€ | 1,3 M€ | 1,7 M€ | 2,0 M€ | 1,3 M€ |
| EBITDA % | 8,8 % | 19,7 % | 20,4 % | 24,7 % | 22,3 % | 22,2 % |
| Operating profit | 763 t€ | 716 t€ | 1,1 M€ | 1,4 M€ | 1,7 M€ | 922 t€ |
| Operating margin | 12,6 % | 13,7 % | 16,8 % | 20,6 % | 19,0 % | 16,0 % |
| Net profit | 651 t€ | 577 t€ | 860 t€ | 1,1 M€ | 1,3 M€ | 725 t€ |
| Personnel costs | -1,7 M€ | 1,6 M€ | 1,7 M€ | 1,6 M€ | 1,7 M€ | 1,5 M€ |
| Equity ratio | 78,9 % | 81,1 % | 85,5 % | 79,5 % | 69,7 % | 63,3 % |
| Quick ratio | 2,73 | 2,74 | 2,42 | 2,64 | 2,40 | 1,82 |
| Current ratio | 4,00 | 3,97 | 3,84 | 3,69 | 3,19 | 2,74 |
| Debt to revenue | 15,2 % | 18,9 % | 10,8 % | 13,0 % | 19,8 % | 30,6 % |
| Return on equity | 18,9 % | 13,6 % | 21,2 % | 32,3 % | 33,0 % | 23,9 % |
| Balance sheet total | 4,4 M€ | 5,2 M€ | 4,7 M€ | 4,5 M€ | 5,7 M€ | 4,8 M€ |
| Equity | 3,4 M€ | 4,2 M€ | 4,0 M€ | 3,5 M€ | 4,0 M€ | 3,0 M€ |
| Cash and bank | 761 t€ | 849 t€ | 394 t€ | 775 t€ | 1,2 M€ | 715 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 30.6.2026 | 30.6.2025 | 30.6.2024 | 30.6.2023 | 30.6.2022 | 30.6.2021 | |
|---|---|---|---|---|---|---|
| Turnover | 6,0 M€ | 5,2 M€ | 6,3 M€ | 7,0 M€ | 8,8 M€ | 5,8 M€ |
| Other operating income | 256 € | 0 € | 400 € | 2 768 € | 7 388 € | 1 121 € |
| Raw materials and services | 2,8 M€ | -2,3 M€ | -2,9 M€ | -3,1 M€ | -4,8 M€ | -2,7 M€ |
| Personnel expenses | 1,7 M€ | -1,6 M€ | -1,7 M€ | -1,6 M€ | -1,7 M€ | -1,5 M€ |
| Depreciations and reductions in value | 233 t€ | -316 t€ | -229 t€ | -283 t€ | -296 t€ | -355 t€ |
| Other operating expenses | 482 t€ | -341 t€ | -378 t€ | -509 t€ | -367 t€ | -322 t€ |
| Operating profit (loss) | 763 t€ | 716 t€ | 1,1 M€ | 1,4 M€ | 1,7 M€ | 922 t€ |
| Financial income and expenses + (-) | -50 t€ | 5 227 € | 17 t€ | -21 t€ | -13 t€ | -16 t€ |
| Profit (loss) before appropriations and taxes | 814 t€ | 721 t€ | 1,1 M€ | 1,4 M€ | 1,7 M€ | 906 t€ |
| Income taxes | 163 t€ | -144 t€ | -215 t€ | -287 t€ | -331 t€ | -182 t€ |
| Profit (loss) for the financial year | 651 t€ | 577 t€ | 860 t€ | 1,1 M€ | 1,3 M€ | 725 t€ |
Balance sheet
| 30.6.2026 | 30.6.2025 | 30.6.2024 | 30.6.2023 | 30.6.2022 | 30.6.2021 | |
|---|---|---|---|---|---|---|
| Non-current assets | 1,7 M€ | 2,6 M€ | 2,6 M€ | 2,0 M€ | 2,1 M€ | 2,4 M€ |
| Stocks | 846 t€ | 818 t€ | 797 t€ | 694 t€ | 905 t€ | 816 t€ |
| Receivables | 1,1 M€ | 965 t€ | 959 t€ | 962 t€ | 1,5 M€ | 891 t€ |
| Cash in hand and at banks | 761 t€ | 849 t€ | 394 t€ | 775 t€ | 1,2 M€ | 715 t€ |
| Current assets | 2,7 M€ | 2,6 M€ | 2,1 M€ | 2,4 M€ | 3,6 M€ | 2,4 M€ |
| Assets | 4,4 M€ | 5,2 M€ | 4,7 M€ | 4,5 M€ | 5,7 M€ | 4,8 M€ |
| Share capital or other similar capital | 8 000 € | 8 000 € | 8 000 € | 8 000 € | 8 000 € | 8 000 € |
| Capital and reserves | 3,4 M€ | 4,2 M€ | 4,0 M€ | 3,5 M€ | 4,0 M€ | 3,0 M€ |
| Long-term liabilities | 250 t€ | 327 t€ | 124 t€ | 256 t€ | 600 t€ | 877 t€ |
| Short-term liabilities | 668 t€ | 662 t€ | 560 t€ | 659 t€ | 1,1 M€ | 883 t€ |
| Liabilities | 918 t€ | 990 t€ | 684 t€ | 915 t€ | 1,7 M€ | 1,8 M€ |
All financial statement items (58)
| 30.6.2026 | 30.6.2025 | 30.6.2024 | 30.6.2023 | 30.6.2022 | 30.6.2021 | |
|---|---|---|---|---|---|---|
| Turnover | 6,0 M€ | 5,2 M€ | 6,3 M€ | 7,0 M€ | 8,8 M€ | 5,8 M€ |
| Other operating income | 256 € | 0 € | 400 € | 2 768 € | 7 388 € | 1 121 € |
| Raw materials and services | 2,8 M€ | -2,3 M€ | -2,9 M€ | -3,1 M€ | -4,8 M€ | -2,7 M€ |
| Personnel expenses | 1,7 M€ | -1,6 M€ | -1,7 M€ | -1,6 M€ | -1,7 M€ | -1,5 M€ |
| Depreciations and reductions in value | 233 t€ | -316 t€ | -229 t€ | -283 t€ | -296 t€ | -355 t€ |
| Other operating expenses | 482 t€ | -341 t€ | -378 t€ | -509 t€ | -367 t€ | -322 t€ |
| Operating profit (loss) | 763 t€ | 716 t€ | 1,1 M€ | 1,4 M€ | 1,7 M€ | 922 t€ |
| Financial income and expenses + (-) | -50 t€ | 5 227 € | 17 t€ | -21 t€ | -13 t€ | -16 t€ |
| Profit (loss) before appropriations and taxes | 814 t€ | 721 t€ | 1,1 M€ | 1,4 M€ | 1,7 M€ | 906 t€ |
| Income taxes | 163 t€ | -144 t€ | -215 t€ | -287 t€ | -331 t€ | -182 t€ |
| Profit (loss) for the financial year | 651 t€ | 577 t€ | 860 t€ | 1,1 M€ | 1,3 M€ | 725 t€ |
| Non-current assets | 1,7 M€ | 2,6 M€ | 2,6 M€ | 2,0 M€ | 2,1 M€ | 2,4 M€ |
| Stocks | 846 t€ | 818 t€ | 797 t€ | 694 t€ | 905 t€ | 816 t€ |
| Receivables | 1,1 M€ | 965 t€ | 959 t€ | 962 t€ | 1,5 M€ | 891 t€ |
| Cash in hand and at banks | 761 t€ | 849 t€ | 394 t€ | 775 t€ | 1,2 M€ | 715 t€ |
| Current assets | 2,7 M€ | 2,6 M€ | 2,1 M€ | 2,4 M€ | 3,6 M€ | 2,4 M€ |
| Assets | 4,4 M€ | 5,2 M€ | 4,7 M€ | 4,5 M€ | 5,7 M€ | 4,8 M€ |
| Share capital or other similar capital | 8 000 € | 8 000 € | 8 000 € | 8 000 € | 8 000 € | 8 000 € |
| Capital and reserves | 3,4 M€ | 4,2 M€ | 4,0 M€ | 3,5 M€ | 4,0 M€ | 3,0 M€ |
| Long-term liabilities | 250 t€ | 327 t€ | 124 t€ | 256 t€ | 600 t€ | 877 t€ |
| Short-term liabilities | 668 t€ | 662 t€ | 560 t€ | 659 t€ | 1,1 M€ | 883 t€ |
| Liabilities | 918 t€ | 990 t€ | 684 t€ | 915 t€ | 1,7 M€ | 1,8 M€ |
| Other current liabilities | 165 t€ | 88 t€ | 124 t€ | 149 t€ | 268 t€ | 135 t€ |
| Other tangible assets | 5 833 € | 6 754 € | 7 675 € | 8 595 € | 0 € | 6 € |
| Other receivables (investments) | 25 t€ | 25 t€ | 25 t€ | 25 t€ | 25 t€ | 25 t€ |
| Liabilities | 4,4 M€ | 5,2 M€ | 4,7 M€ | 4,5 M€ | 5,7 M€ | 4,8 M€ |
| Long-term liabilities to credit institutions | 250 t€ | 327 t€ | 124 t€ | 256 t€ | 600 t€ | 877 t€ |
| Short-term receivables | 1,1 M€ | 965 t€ | 959 t€ | 962 t€ | 1,5 M€ | 891 t€ |
| Other short-term receivables | 22 t€ | 18 t€ | 69 t€ | 23 t€ | 44 t€ | 26 t€ |
| Land and water areas, Owned | 182 t€ | 182 t€ | 182 t€ | 182 t€ | 182 t€ | 182 t€ |
| Other interest and financial income from non-group companies | 12 t€ | 18 t€ | 35 t€ | 1 787 € | 350 € | 1 929 € |
| Finished products | 63 t€ | 111 t€ | 39 t€ | 58 t€ | 101 t€ | 67 t€ |
| Machinery and equipment | 471 t€ | 703 t€ | 424 t€ | 565 t€ | 559 t€ | 723 t€ |
| Retained earnings | 2,8 M€ | 3,6 M€ | 3,2 M€ | 2,4 M€ | 2,7 M€ | 2,3 M€ |
| Short-term accounts payable | 216 t€ | 136 t€ | 108 t€ | 99 t€ | 229 t€ | 197 t€ |
| Wages and salaries | 1,4 M€ | -1,3 M€ | -1,4 M€ | -1,3 M€ | -1,4 M€ | -1,2 M€ |
| Advance payments and construction in progress | – | 0 € | 188 t€ | 0 € | – | – |
| Intangible assets | – | – | – | – | 0 € | 769 € |
| Other shares and similar rights of ownership | 1 757 € | 602 t€ | 602 t€ | 1 757 € | 1 757 € | 1 757 € |
| Short-term sales receivables | 965 t€ | 780 t€ | 732 t€ | 864 t€ | 1,5 M€ | 850 t€ |
| Profit (loss) for the period, equity | 651 t€ | 577 t€ | 860 t€ | 1,1 M€ | 1,3 M€ | 725 t€ |
| Interest expenses and other financial expenses for non-Group companies | 14 t€ | -13 t€ | -18 t€ | -22 t€ | -13 t€ | -18 t€ |
| Pension expenses | 252 t€ | -250 t€ | -272 t€ | -243 t€ | -247 t€ | -207 t€ |
| Short-term prepayments and accrued income | 77 t€ | 167 t€ | 158 t€ | 75 t€ | 22 t€ | 15 t€ |
| Buildings and structures, Owned | 997 t€ | 1,1 M€ | 1,2 M€ | 1,2 M€ | 1,3 M€ | 1,4 M€ |
| Change in stocks of products + (-) | -48 t€ | 72 t€ | -19 t€ | -42 t€ | 33 t€ | 29 t€ |
| Other social security expenses | 46 t€ | -39 t€ | -48 t€ | -56 t€ | -71 t€ | -38 t€ |
| Services purchased | 351 t€ | -172 t€ | -111 t€ | -197 t€ | -221 t€ | -161 t€ |
| Tangible assets | 1,7 M€ | 2,0 M€ | 2,0 M€ | 2,0 M€ | 2,1 M€ | 2,3 M€ |
| Purchases during the financial year | 2,5 M€ | -2,1 M€ | -2,9 M€ | -2,8 M€ | -4,6 M€ | -2,9 M€ |
| Income from other investments under non-current assets, from other companies | 53 t€ | 0 € | – | – | – | – |
| Materials and supplies | 784 t€ | 707 t€ | 758 t€ | 636 t€ | 805 t€ | 748 t€ |
| Short-term liabilities to credit institutions | 76 t€ | 197 t€ | 109 t€ | 204 t€ | 266 t€ | 333 t€ |
| Depreciations according to plan | 233 t€ | -316 t€ | -229 t€ | -283 t€ | -296 t€ | -355 t€ |
| Short-term accrued expenses and deferred income | 211 t€ | 241 t€ | 219 t€ | 207 t€ | 376 t€ | 218 t€ |
| Intangible rights | – | – | – | – | 0 € | 769 € |
| Inventory increase (+) or decrease (-) | -76 t€ | -51 t€ | 123 t€ | -169 t€ | 56 t€ | 377 t€ |
| Investments | 27 t€ | 627 t€ | 627 t€ | 27 t€ | 27 t€ | 27 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, Oy Hiltop Ab is in the top 10 % of the industry class manufacture of other fabricated metal products n.e.c. (400 companies with taxable income; median 53 t€, 20 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.
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