Solinum Oy is a limited company based in Sodankylä, registered in 2006. In the financial year ending 31.12.2025, revenue was 1,3 M€ and operating profit 32 t€; equity ratio 39.9 %. Its taxable income in 2024 was 55 t€ and its income taxes 11 t€. Public buyers bought 1 113 € from it in 2024–2024; the largest buyer is Työllisyys, kehittämis- ja hallintokeskus (Työ- ja elinkeinoministeriön hallinnonala).
Revenue 20251,3 M€+3 % on the previous year
Operating profit32 t€2,4 % of revenue
Net profit26 t€EBITDA 25 t€
Equity ratio39,9 %quick ratio 1,39
Taxable income 202455 t€
upper half of its industry
Income taxes 202411 t€84 t€ in 2020–2024
In business20 yrsregistered 2.1.2006
Sales to public buyers1 113 €2024–2024
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 |
|---|---|---|---|---|---|---|
| Revenue | 1,3 M€ | 1,3 M€ | 1,3 M€ | 1,1 M€ | 987 t€ | 958 t€ |
| Revenue change | 2,9 % | -2,9 % | 20,6 % | 9,3 % | 3,0 % | – |
| EBITDA | 25 t€ | 63 t€ | 113 t€ | 91 t€ | 78 t€ | 88 t€ |
| EBITDA % | 1,9 % | 5,0 % | 8,7 % | 8,4 % | 7,9 % | 9,2 % |
| Operating profit | 32 t€ | 50 t€ | 111 t€ | 89 t€ | 75 t€ | 85 t€ |
| Operating margin | 2,4 % | 3,9 % | 8,5 % | 8,2 % | 7,6 % | 8,8 % |
| Net profit | 26 t€ | 46 t€ | 93 t€ | 62 t€ | 58 t€ | 68 t€ |
| Personnel costs | -564 t€ | 618 t€ | 611 t€ | 638 t€ | 550 t€ | 574 t€ |
| Equity ratio | 39,9 % | 41,2 % | 38,7 % | 27,5 % | 28,5 % | 64,0 % |
| Quick ratio | 1,39 | 1,64 | 1,75 | 1,59 | 1,91 | 2,68 |
| Current ratio | 1,44 | 1,73 | 1,80 | 1,65 | 1,91 | 2,68 |
| Debt to revenue | 22,6 % | 20,3 % | 19,8 % | 22,6 % | 24,4 % | 14,8 % |
| Return on equity | 13,4 % | 25,9 % | 56,9 % | 66,9 % | 60,7 % | 27,1 % |
| Balance sheet total | 502 t€ | 449 t€ | 434 t€ | 345 t€ | 343 t€ | 394 t€ |
| Equity | 196 t€ | 179 t€ | 163 t€ | 92 t€ | 96 t€ | 252 t€ |
| Cash and bank | 1 337 € | 1 157 € | 116 t€ | 64 t€ | 111 t€ | 137 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 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 1,3 M€ | 1,3 M€ | 1,3 M€ | 1,1 M€ | 987 t€ | 958 t€ |
| Other operating income | 5 980 € | 83 t€ | 86 t€ | 34 t€ | 9 030 € | 16 t€ |
| Raw materials and services | 524 t€ | -382 t€ | -285 t€ | -218 t€ | -186 t€ | -141 t€ |
| Personnel expenses | 564 t€ | -618 t€ | -611 t€ | -638 t€ | -550 t€ | -574 t€ |
| Depreciations and reductions in value | 6 932 € | -13 t€ | -1 548 € | -2 063 € | -2 751 € | -3 668 € |
| Other operating expenses | 180 t€ | -284 t€ | -379 t€ | -166 t€ | -182 t€ | -172 t€ |
| Operating profit (loss) | 32 t€ | 50 t€ | 111 t€ | 89 t€ | 75 t€ | 85 t€ |
| Financial income and expenses + (-) | -841 € | 7 958 € | 3 931 € | -9 466 € | -1 955 € | 1 126 € |
| Profit (loss) before appropriations and taxes | 33 t€ | 57 t€ | 115 t€ | 79 t€ | 73 t€ | 86 t€ |
| Income taxes | 6 574 € | -11 t€ | -22 t€ | -18 t€ | -15 t€ | -17 t€ |
| Profit (loss) for the financial year | 26 t€ | 46 t€ | 93 t€ | 62 t€ | 58 t€ | 68 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Non-current assets | 169 t€ | 96 t€ | 4 643 € | 15 t€ | 8 253 € | 13 t€ |
| Stocks | 12 t€ | 18 t€ | 11 t€ | 13 t€ | 0 € | 722 € |
| Receivables | 321 t€ | 334 t€ | 207 t€ | 176 t€ | 223 t€ | 243 t€ |
| Cash in hand and at banks | 1 337 € | 1 157 € | 116 t€ | 64 t€ | 111 t€ | 137 t€ |
| Current assets | 334 t€ | 353 t€ | 429 t€ | 330 t€ | 335 t€ | 381 t€ |
| Assets | 502 t€ | 449 t€ | 434 t€ | 345 t€ | 343 t€ | 394 t€ |
| Share capital or other similar capital | 20 t€ | 20 t€ | 20 t€ | 20 t€ | 20 t€ | 20 t€ |
| Capital and reserves | 196 t€ | 179 t€ | 163 t€ | 92 t€ | 96 t€ | 252 t€ |
| Long-term liabilities | 75 t€ | 65 t€ | 32 t€ | 53 t€ | 71 t€ | 0 € |
| Short-term liabilities | 232 t€ | 204 t€ | 239 t€ | 200 t€ | 176 t€ | 142 t€ |
| Liabilities | 307 t€ | 269 t€ | 271 t€ | 252 t€ | 247 t€ | 142 t€ |
All financial statement items (66)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 1,3 M€ | 1,3 M€ | 1,3 M€ | 1,1 M€ | 987 t€ | 958 t€ |
| Other operating income | 5 980 € | 83 t€ | 86 t€ | 34 t€ | 9 030 € | 16 t€ |
| Raw materials and services | 524 t€ | -382 t€ | -285 t€ | -218 t€ | -186 t€ | -141 t€ |
| Personnel expenses | 564 t€ | -618 t€ | -611 t€ | -638 t€ | -550 t€ | -574 t€ |
| Depreciations and reductions in value | 6 932 € | -13 t€ | -1 548 € | -2 063 € | -2 751 € | -3 668 € |
| Other operating expenses | 180 t€ | -284 t€ | -379 t€ | -166 t€ | -182 t€ | -172 t€ |
| Operating profit (loss) | 32 t€ | 50 t€ | 111 t€ | 89 t€ | 75 t€ | 85 t€ |
| Financial income and expenses + (-) | -841 € | 7 958 € | 3 931 € | -9 466 € | -1 955 € | 1 126 € |
| Profit (loss) before appropriations and taxes | 33 t€ | 57 t€ | 115 t€ | 79 t€ | 73 t€ | 86 t€ |
| Income taxes | 6 574 € | -11 t€ | -22 t€ | -18 t€ | -15 t€ | -17 t€ |
| Profit (loss) for the financial year | 26 t€ | 46 t€ | 93 t€ | 62 t€ | 58 t€ | 68 t€ |
| Non-current assets | 169 t€ | 96 t€ | 4 643 € | 15 t€ | 8 253 € | 13 t€ |
| Stocks | 12 t€ | 18 t€ | 11 t€ | 13 t€ | 0 € | 722 € |
| Receivables | 321 t€ | 334 t€ | 207 t€ | 176 t€ | 223 t€ | 243 t€ |
| Cash in hand and at banks | 1 337 € | 1 157 € | 116 t€ | 64 t€ | 111 t€ | 137 t€ |
| Current assets | 334 t€ | 353 t€ | 429 t€ | 330 t€ | 335 t€ | 381 t€ |
| Assets | 502 t€ | 449 t€ | 434 t€ | 345 t€ | 343 t€ | 394 t€ |
| Share capital or other similar capital | 20 t€ | 20 t€ | 20 t€ | 20 t€ | 20 t€ | 20 t€ |
| Capital and reserves | 196 t€ | 179 t€ | 163 t€ | 92 t€ | 96 t€ | 252 t€ |
| Long-term liabilities | 75 t€ | 65 t€ | 32 t€ | 53 t€ | 71 t€ | 0 € |
| Short-term liabilities | 232 t€ | 204 t€ | 239 t€ | 200 t€ | 176 t€ | 142 t€ |
| Liabilities | 307 t€ | 269 t€ | 271 t€ | 252 t€ | 247 t€ | 142 t€ |
| Purchases during the financial year | 448 t€ | -346 t€ | -256 t€ | -209 t€ | -169 t€ | -123 t€ |
| Short-term receivables | 207 t€ | 176 t€ | 196 t€ | 165 t€ | 213 t€ | 243 t€ |
| Development expenses | – | – | 0 € | 8 405 € | 0 € | – |
| Other long-term receivables | 633 € | 633 € | 11 t€ | 11 t€ | 10 t€ | 307 € |
| Other short-term receivables | 1 970 € | 1 970 € | 455 € | 135 € | 0 € | 4 578 € |
| Impairment on investments for non-current assets | – | – | 0 € | -7 469 € | 0 € | – |
| Profit (loss) for the period, equity | 26 t€ | 46 t€ | 93 t€ | 62 t€ | 58 t€ | 68 t€ |
| Short-term loan receivables | 3 230 € | 3 730 € | 4 870 € | 0 € | – | – |
| Current receivables from participating interests | – | – | – | 0 € | 50 t€ | 50 t€ |
| Tangible assets | 8 673 € | 16 t€ | 4 643 € | 6 190 € | 8 253 € | 11 t€ |
| Current receivables from Group companies | 12 t€ | 0 € | – | – | – | – |
| Intangible rights | – | – | – | – | 0 € | 2 302 € |
| Short-term accrued expenses and deferred income | 66 t€ | 63 t€ | 92 t€ | 75 t€ | 62 t€ | 65 t€ |
| Interest expenses and other financial expenses for non-Group companies | 4 832 € | -6 709 € | -3 534 € | -3 120 € | -2 765 € | -10 € |
| Shares and holdings | – | 0 € | 95 t€ | 78 t€ | 0 € | – |
| Long-term liabilities to credit institutions | 75 t€ | 65 t€ | 32 t€ | 53 t€ | 71 t€ | 0 € |
| Other social security expenses | 13 t€ | -11 t€ | -15 t€ | -13 t€ | -14 t€ | -12 t€ |
| Reductions in value of shares and holdings in current assets | 0 € | 2 623 € | 4 847 € | 0 € | – | – |
| Short-term sales receivables | 160 t€ | 140 t€ | 113 t€ | 135 t€ | 136 t€ | 154 t€ |
| Income from other investments under non-current assets, from other companies | – | – | – | 0 € | 147 € | 0 € |
| Depreciations according to plan | 6 932 € | -13 t€ | -1 548 € | -2 063 € | -2 751 € | -3 668 € |
| Other interest and financial income from Group companies | 4 800 € | 3 000 € | 0 € | – | – | – |
| Other current liabilities | 65 t€ | 60 t€ | 59 t€ | 53 t€ | 49 t€ | 54 t€ |
| Inventory increase (+) or decrease (-) | 6 327 € | 7 192 € | -1 532 € | 13 t€ | -722 € | -79 € |
| Short-term accounts payable | 79 t€ | 48 t€ | 54 t€ | 43 t€ | 39 t€ | 23 t€ |
| Retained earnings | 149 t€ | 113 t€ | 50 t€ | 11 t€ | 18 t€ | 164 t€ |
| Machinery and equipment | 8 673 € | 16 t€ | 4 643 € | 6 190 € | 8 253 € | 11 t€ |
| Long-term receivables | 113 t€ | 158 t€ | 11 t€ | 11 t€ | 10 t€ | 307 € |
| Wages and salaries | 472 t€ | -516 t€ | -500 t€ | -537 t€ | -458 t€ | -482 t€ |
| Other interest and financial income from non-group companies | 872 € | 9 045 € | 2 618 € | 1 123 € | 663 € | 1 136 € |
| Other shares, financial securities | – | 0 € | 95 t€ | 78 t€ | 0 € | – |
| Short-term liabilities to credit institutions | 10 t€ | 20 t€ | 20 t€ | 20 t€ | 20 t€ | 0 € |
| Intangible assets | – | – | 0 € | 8 405 € | 0 € | 2 302 € |
| Investments | 160 t€ | 80 t€ | 0 € | – | – | – |
| Pension expenses | 79 t€ | -90 t€ | -96 t€ | -89 t€ | -78 t€ | -80 t€ |
| Long-term receivables from Group companies | 112 t€ | 157 t€ | 0 € | – | – | – |
| Materials and supplies | – | – | – | – | 0 € | 66 € |
| Shares and similar rights of ownership in subsidiaries | 80 t€ | 80 t€ | 0 € | – | – | – |
| Services purchased | 70 t€ | -43 t€ | -27 t€ | -22 t€ | -17 t€ | -18 t€ |
| Liabilities | 502 t€ | 449 t€ | 434 t€ | 345 t€ | 343 t€ | 394 t€ |
| Short-term advances received | 13 t€ | 13 t€ | 13 t€ | 9 017 € | 5 421 € | 0 € |
| Receivables from Group companies (investments) | 80 t€ | 0 € | – | – | – | – |
| Short-term prepayments and accrued income | 30 t€ | 30 t€ | 78 t€ | 30 t€ | 28 t€ | 34 t€ |
| Finished products | 12 t€ | 18 t€ | 11 t€ | 13 t€ | 0 € | 656 € |
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, Solinum Oy is in the upper half of the industry class computer programming activities (3157 companies with taxable income; median 27 t€, 2,0 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.
Sales to public buyers
Largest buyers
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