Siina Oy is a limited company based in Helsinki, registered in 2003. In the financial year ending 31.12.2025, revenue was 296 t€ and operating profit 192 t€; equity ratio 95.5 %. Its taxable income in 2024 was 256 t€ and its income taxes 51 t€.
Revenue 2025296 t€-7 % on the previous year
Operating profit192 t€64,7 % of revenue
Net profit184 t€EBITDA 191 t€
Equity ratio95,5 %quick ratio 4,54
Taxable income 2024256 t€
top quarter of its industry
Income taxes 202451 t€220 t€ in 2020–2024
In business23 yrsregistered 30.9.2003
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Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 |
|---|---|---|---|---|
| Revenue | 296 t€ | 320 t€ | 315 t€ | 327 t€ |
| Revenue change | -7,3 % | 1,4 % | -3,7 % | – |
| EBITDA | 191 t€ | 210 t€ | 213 t€ | 208 t€ |
| EBITDA % | 64,6 % | 65,7 % | 67,6 % | 63,6 % |
| Operating profit | 192 t€ | 210 t€ | 213 t€ | 208 t€ |
| Operating margin | 64,7 % | 65,7 % | 67,6 % | 63,5 % |
| Net profit | 184 t€ | 197 t€ | 188 t€ | 164 t€ |
| Personnel costs | -25 t€ | 24 t€ | 24 t€ | 30 t€ |
| Equity ratio | 95,5 % | 94,6 % | 94,3 % | 93,6 % |
| Quick ratio | 4,54 | 4,34 | 3,78 | 4,26 |
| Current ratio | 4,54 | 4,34 | 3,78 | 4,26 |
| Debt to revenue | 20,8 % | 22,1 % | 21,6 % | 21,4 % |
| Return on equity | 14,0 % | 16,0 % | 16,8 % | 16,1 % |
| Balance sheet total | 1,4 M€ | 1,3 M€ | 1,2 M€ | 1,1 M€ |
| Equity | 1,3 M€ | 1,2 M€ | 1,1 M€ | 1,0 M€ |
| Cash and bank | 234 t€ | 267 t€ | 220 t€ | 263 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 | |
|---|---|---|---|---|
| Turnover | 296 t€ | 320 t€ | 315 t€ | 327 t€ |
| Raw materials and services | 59 t€ | -62 t€ | -57 t€ | -66 t€ |
| Personnel expenses | 25 t€ | -24 t€ | -24 t€ | -30 t€ |
| Depreciations and reductions in value | 236 € | -49 € | -66 € | -88 € |
| Other operating expenses | 21 t€ | -23 t€ | -21 t€ | -24 t€ |
| Operating profit (loss) | 192 t€ | 210 t€ | 213 t€ | 208 t€ |
| Financial income and expenses + (-) | -38 t€ | 40 t€ | 22 t€ | 3 432 € |
| Profit (loss) before appropriations and taxes | 230 t€ | 250 t€ | 235 t€ | 211 t€ |
| Income taxes | 46 t€ | -52 t€ | -47 t€ | -48 t€ |
| Profit (loss) for the financial year | 184 t€ | 197 t€ | 188 t€ | 164 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|---|
| Non-current assets | 1,1 M€ | 995 t€ | 935 t€ | 789 t€ |
| Receivables | 45 t€ | 39 t€ | 37 t€ | 37 t€ |
| Cash in hand and at banks | 234 t€ | 267 t€ | 220 t€ | 263 t€ |
| Current assets | 280 t€ | 307 t€ | 257 t€ | 299 t€ |
| Assets | 1,4 M€ | 1,3 M€ | 1,2 M€ | 1,1 M€ |
| Share capital or other similar capital | 8 000 € | 8 000 € | 8 000 € | 8 000 € |
| Capital and reserves | 1,3 M€ | 1,2 M€ | 1,1 M€ | 1,0 M€ |
| Short-term liabilities | 62 t€ | 71 t€ | 68 t€ | 70 t€ |
| Liabilities | 62 t€ | 71 t€ | 68 t€ | 70 t€ |
All financial statement items (42)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|---|
| Turnover | 296 t€ | 320 t€ | 315 t€ | 327 t€ |
| Raw materials and services | 59 t€ | -62 t€ | -57 t€ | -66 t€ |
| Personnel expenses | 25 t€ | -24 t€ | -24 t€ | -30 t€ |
| Depreciations and reductions in value | 236 € | -49 € | -66 € | -88 € |
| Other operating expenses | 21 t€ | -23 t€ | -21 t€ | -24 t€ |
| Operating profit (loss) | 192 t€ | 210 t€ | 213 t€ | 208 t€ |
| Financial income and expenses + (-) | -38 t€ | 40 t€ | 22 t€ | 3 432 € |
| Profit (loss) before appropriations and taxes | 230 t€ | 250 t€ | 235 t€ | 211 t€ |
| Income taxes | 46 t€ | -52 t€ | -47 t€ | -48 t€ |
| Profit (loss) for the financial year | 184 t€ | 197 t€ | 188 t€ | 164 t€ |
| Non-current assets | 1,1 M€ | 995 t€ | 935 t€ | 789 t€ |
| Receivables | 45 t€ | 39 t€ | 37 t€ | 37 t€ |
| Cash in hand and at banks | 234 t€ | 267 t€ | 220 t€ | 263 t€ |
| Current assets | 280 t€ | 307 t€ | 257 t€ | 299 t€ |
| Assets | 1,4 M€ | 1,3 M€ | 1,2 M€ | 1,1 M€ |
| Share capital or other similar capital | 8 000 € | 8 000 € | 8 000 € | 8 000 € |
| Capital and reserves | 1,3 M€ | 1,2 M€ | 1,1 M€ | 1,0 M€ |
| Short-term liabilities | 62 t€ | 71 t€ | 68 t€ | 70 t€ |
| Liabilities | 62 t€ | 71 t€ | 68 t€ | 70 t€ |
| Profit (loss) for the period, equity | 184 t€ | 197 t€ | 188 t€ | 164 t€ |
| Machinery and equipment | 707 € | 148 € | 197 € | 263 € |
| Impairment on investments for non-current assets | 1 546 € | -5 679 € | 3 905 € | -28 t€ |
| Other shares and similar rights of ownership | 1,1 M€ | 995 t€ | 935 t€ | 789 t€ |
| Short-term prepayments and accrued income | 8 941 € | 12 t€ | 3 244 € | 4 835 € |
| Liabilities | 1,4 M€ | 1,3 M€ | 1,2 M€ | 1,1 M€ |
| Short-term accounts payable | 636 € | 1 331 € | 0 € | – |
| Short-term accrued expenses and deferred income | 0 € | 2 423 € | 9 601 € | 10 t€ |
| Short-term sales receivables | 33 t€ | 28 t€ | 34 t€ | 32 t€ |
| Interest expenses and other financial expenses for non-Group companies | 3 476 € | -7 726 € | -15 t€ | -3 629 € |
| Short-term liabilities to credit institutions | 57 t€ | 62 t€ | 54 t€ | 54 t€ |
| Other current liabilities | 3 794 € | 5 484 € | 4 833 € | 6 180 € |
| Short-term receivables | 45 t€ | 39 t€ | 37 t€ | 37 t€ |
| Retained earnings | 1,1 M€ | 1,0 M€ | 927 t€ | 847 t€ |
| Income from other investments under non-current assets, from other companies | 3 668 € | 4 425 € | 2 688 € | 1 974 € |
| Other short-term receivables | 3 668 € | 56 € | 0 € | – |
| Investments | 1,1 M€ | 995 t€ | 935 t€ | 789 t€ |
| Depreciations according to plan | 236 € | -49 € | -66 € | -88 € |
| Tangible assets | 707 € | 148 € | 197 € | 263 € |
| Services purchased | 59 t€ | -62 t€ | -57 t€ | -66 t€ |
| Other interest and financial income from non-group companies | 40 t€ | 49 t€ | 30 t€ | 33 t€ |
| Other social security expenses | 0 € | -278 € | -367 € | -394 € |
| Wages and salaries | 25 t€ | -24 t€ | -24 t€ | -29 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, Siina Oy is in the top quarter of the industry class research and experimental development on natural sciences and engineering (326 companies with taxable income; median 34 t€, 7,6 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.