Sirnikka Oy is a limited company based in Kajaani, registered in 2003. In the financial year ending 31.12.2025, revenue was 1,3 M€ and operating profit 17 t€; equity ratio 37.7 %. Its taxable income in 2024 was 89 t€ and its income taxes 18 t€.
Revenue 20251,3 M€-43 % on the previous year
Operating profit17 t€1,2 % of revenue
Net profit53 t€EBITDA -208 t€
Equity ratio37,7 %quick ratio 1,28
Taxable income 202489 t€
upper half of its industry
Income taxes 202418 t€150 t€ in 2020–2024
In business23 yrsregistered 13.10.2003
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 |
|---|---|---|---|---|---|
| Revenue | 1,3 M€ | 2,3 M€ | 1,1 M€ | 2,1 M€ | 1,9 M€ |
| Revenue change | -42,9 % | 118,1 % | -48,6 % | 10,7 % | – |
| EBITDA | -208 t€ | 325 t€ | 72 t€ | 379 t€ | 228 t€ |
| EBITDA % | -15,6 % | 13,9 % | 6,7 % | 18,1 % | 12,1 % |
| Operating profit | 17 t€ | 105 t€ | 33 t€ | 251 t€ | 88 t€ |
| Operating margin | 1,2 % | 4,5 % | 3,1 % | 12,0 % | 4,7 % |
| Net profit | 53 t€ | 71 t€ | 22 t€ | 197 t€ | 71 t€ |
| Personnel costs | -332 t€ | 316 t€ | 249 t€ | 394 t€ | 462 t€ |
| Equity ratio | 37,7 % | 45,8 % | 50,3 % | 74,9 % | 70,2 % |
| Quick ratio | 1,28 | 1,58 | 1,46 | 4,89 | 3,85 |
| Current ratio | 2,45 | 1,71 | 1,80 | 5,10 | 4,17 |
| Debt to revenue | 117,3 % | 49,2 % | 90,4 % | 16,7 % | 20,6 % |
| Return on equity | 5,6 % | 7,3 % | 2,3 % | 19,0 % | 7,8 % |
| Balance sheet total | 2,5 M€ | 2,1 M€ | 2,0 M€ | 1,4 M€ | 1,3 M€ |
| Equity | 949 t€ | 974 t€ | 981 t€ | 1,0 M€ | 918 t€ |
| Cash and bank | 580 t€ | 622 t€ | 457 t€ | 484 t€ | 670 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 | 1,3 M€ | 2,3 M€ | 1,1 M€ | 2,1 M€ | 1,9 M€ |
| Other operating income | – | – | 0 € | 4 777 € | 8 967 € |
| Raw materials and services | 618 t€ | -1,6 M€ | -639 t€ | -1,1 M€ | -1,0 M€ |
| Personnel expenses | 332 t€ | -316 t€ | -249 t€ | -394 t€ | -462 t€ |
| Depreciations and reductions in value | 224 t€ | -219 t€ | -38 t€ | -128 t€ | -141 t€ |
| Other operating expenses | 145 t€ | -132 t€ | -115 t€ | -200 t€ | -184 t€ |
| Operating profit (loss) | 17 t€ | 105 t€ | 33 t€ | 251 t€ | 88 t€ |
| Financial income and expenses + (-) | -50 t€ | -16 t€ | -5 728 € | -3 954 € | 1 613 € |
| Profit (loss) before appropriations and taxes | 67 t€ | 89 t€ | 28 t€ | 247 t€ | 89 t€ |
| Income taxes | 13 t€ | -18 t€ | -5 535 € | -49 t€ | -18 t€ |
| Profit (loss) for the financial year | 53 t€ | 71 t€ | 22 t€ | 197 t€ | 71 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|---|---|
| Non-current assets | 1,3 M€ | 1,3 M€ | 1,2 M€ | 579 t€ | 422 t€ |
| Stocks | 578 t€ | 65 t€ | 148 t€ | 34 t€ | 68 t€ |
| Receivables | 48 t€ | 130 t€ | 173 t€ | 294 t€ | 102 t€ |
| Cash in hand and at banks | 580 t€ | 622 t€ | 457 t€ | 484 t€ | 670 t€ |
| Current assets | 1,2 M€ | 817 t€ | 778 t€ | 812 t€ | 885 t€ |
| Assets | 2,5 M€ | 2,1 M€ | 2,0 M€ | 1,4 M€ | 1,3 M€ |
| Share capital or other similar capital | 70 t€ | 70 t€ | 70 t€ | 70 t€ | 70 t€ |
| Capital and reserves | 949 t€ | 974 t€ | 981 t€ | 1,0 M€ | 918 t€ |
| Long-term liabilities | 1,1 M€ | 673 t€ | 539 t€ | 189 t€ | 177 t€ |
| Short-term liabilities | 492 t€ | 478 t€ | 432 t€ | 159 t€ | 212 t€ |
| Liabilities | 1,6 M€ | 1,2 M€ | 971 t€ | 348 t€ | 389 t€ |
All financial statement items (56)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|---|---|
| Turnover | 1,3 M€ | 2,3 M€ | 1,1 M€ | 2,1 M€ | 1,9 M€ |
| Other operating income | – | – | 0 € | 4 777 € | 8 967 € |
| Raw materials and services | 618 t€ | -1,6 M€ | -639 t€ | -1,1 M€ | -1,0 M€ |
| Personnel expenses | 332 t€ | -316 t€ | -249 t€ | -394 t€ | -462 t€ |
| Depreciations and reductions in value | 224 t€ | -219 t€ | -38 t€ | -128 t€ | -141 t€ |
| Other operating expenses | 145 t€ | -132 t€ | -115 t€ | -200 t€ | -184 t€ |
| Operating profit (loss) | 17 t€ | 105 t€ | 33 t€ | 251 t€ | 88 t€ |
| Financial income and expenses + (-) | -50 t€ | -16 t€ | -5 728 € | -3 954 € | 1 613 € |
| Profit (loss) before appropriations and taxes | 67 t€ | 89 t€ | 28 t€ | 247 t€ | 89 t€ |
| Income taxes | 13 t€ | -18 t€ | -5 535 € | -49 t€ | -18 t€ |
| Profit (loss) for the financial year | 53 t€ | 71 t€ | 22 t€ | 197 t€ | 71 t€ |
| Non-current assets | 1,3 M€ | 1,3 M€ | 1,2 M€ | 579 t€ | 422 t€ |
| Stocks | 578 t€ | 65 t€ | 148 t€ | 34 t€ | 68 t€ |
| Receivables | 48 t€ | 130 t€ | 173 t€ | 294 t€ | 102 t€ |
| Cash in hand and at banks | 580 t€ | 622 t€ | 457 t€ | 484 t€ | 670 t€ |
| Current assets | 1,2 M€ | 817 t€ | 778 t€ | 812 t€ | 885 t€ |
| Assets | 2,5 M€ | 2,1 M€ | 2,0 M€ | 1,4 M€ | 1,3 M€ |
| Share capital or other similar capital | 70 t€ | 70 t€ | 70 t€ | 70 t€ | 70 t€ |
| Capital and reserves | 949 t€ | 974 t€ | 981 t€ | 1,0 M€ | 918 t€ |
| Long-term liabilities | 1,1 M€ | 673 t€ | 539 t€ | 189 t€ | 177 t€ |
| Short-term liabilities | 492 t€ | 478 t€ | 432 t€ | 159 t€ | 212 t€ |
| Liabilities | 1,6 M€ | 1,2 M€ | 971 t€ | 348 t€ | 389 t€ |
| Long-term liabilities to credit institutions | 739 t€ | 336 t€ | 202 t€ | 189 t€ | 177 t€ |
| Other current liabilities | 66 t€ | 60 t€ | 216 t€ | 13 t€ | 47 t€ |
| Wages and salaries | 267 t€ | -252 t€ | -186 t€ | -309 t€ | -367 t€ |
| Work in progress | 0 € | 50 t€ | 35 t€ | 0 € | – |
| Inventory increase (+) or decrease (-) | -514 t€ | -83 t€ | 114 t€ | -34 t€ | 68 t€ |
| Pension expenses | 53 t€ | -46 t€ | -43 t€ | -63 t€ | -70 t€ |
| Tangible assets | 844 t€ | 658 t€ | 525 t€ | 384 t€ | 422 t€ |
| Depreciations according to plan | 224 t€ | -219 t€ | -38 t€ | -128 t€ | -141 t€ |
| Liabilities | 2,5 M€ | 2,1 M€ | 2,0 M€ | 1,4 M€ | 1,3 M€ |
| Other short-term receivables | 0 € | 100 t€ | 7 525 € | 52 t€ | 22 t€ |
| Investments | 466 t€ | 649 t€ | 649 t€ | 195 t€ | 0 € |
| Other social security expenses | 13 t€ | -17 t€ | -19 t€ | -22 t€ | -25 t€ |
| Materials and supplies | 8 096 € | 14 t€ | 113 t€ | 34 t€ | 68 t€ |
| Other long-term receivables | – | – | – | 0 € | 500 € |
| Profit (loss) for the period, equity | 53 t€ | 71 t€ | 22 t€ | 197 t€ | 71 t€ |
| Other shares, financial securities | – | – | – | 0 € | 45 t€ |
| Other long-term liabilities | 337 t€ | 337 t€ | 337 t€ | 0 € | – |
| Services purchased | 173 t€ | -197 t€ | -258 t€ | -484 t€ | -472 t€ |
| Retained earnings | 825 t€ | 832 t€ | 888 t€ | 774 t€ | 776 t€ |
| Short-term liabilities to credit institutions | 356 t€ | 351 t€ | 71 t€ | 69 t€ | 59 t€ |
| Purchases during the financial year | 958 t€ | -1,3 M€ | -495 t€ | -603 t€ | -616 t€ |
| Finished products | 570 t€ | 0 € | – | – | – |
| Short-term prepayments and accrued income | 7 339 € | 13 t€ | 2 283 € | 1 942 € | 5 765 € |
| Long-term receivables | – | – | – | 0 € | 500 € |
| Other interest and financial income from non-group companies | 81 t€ | 17 t€ | 2 105 € | 2 501 € | 4 760 € |
| Other shares and similar rights of ownership | 466 t€ | 649 t€ | 649 t€ | 195 t€ | 0 € |
| Short-term accrued expenses and deferred income | 43 t€ | 46 t€ | 38 t€ | 46 t€ | 56 t€ |
| Shares and holdings | – | – | – | 0 € | 45 t€ |
| Short-term sales receivables | 40 t€ | 18 t€ | 163 t€ | 239 t€ | 74 t€ |
| Short-term receivables | 48 t€ | 130 t€ | 173 t€ | 294 t€ | 102 t€ |
| Short-term loan receivables | – | – | – | 0 € | 121 € |
| Interest expenses and other financial expenses for non-Group companies | 31 t€ | -33 t€ | -7 833 € | -6 454 € | -3 147 € |
| Machinery and equipment | 844 t€ | 658 t€ | 525 t€ | 384 t€ | 422 t€ |
| Short-term accounts payable | 26 t€ | 21 t€ | 106 t€ | 31 t€ | 50 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, Sirnikka Oy is in the upper half of the industry class logging (778 companies with taxable income; median 49 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.
Free monthly list: Kajaani
Once a month by email: new leads in this municipality and its neighbours, the month's figures and the full list. No charge, no commitment, cancel any time.
Follow companies in your area
New companies, bankruptcies and changes of CEO and property manager in the areas and industries you choose, by email. 14-day free trial, cancel any time.
Try for free