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Kari-Finn Oy

Limited company, Lahti. Manufacture of electricity distribution and control apparatus.

Kari-Finn Oy is a limited company based in Lahti, registered in 2008. In the financial year ending 31.5.2026, revenue was 713 t€ and operating profit 11 t€; equity ratio 51.7 %. Its taxable income in 2024 was 23 € and its income taxes 5 €. Public buyers bought 607 € from it in 2022–2024; the largest buyer is Pelastuslaitos, Helsinki (Helsinki).

Revenue 2026713 t€-42 % on the previous year
Operating profit11 t€1,5 % of revenue
Net profit7 225 €EBITDA 6 947 €
Equity ratio51,7 %quick ratio 1,07
Taxable income 202423 € lower half of its industry
Income taxes 20245 €5 € in 2020–2024
In business18 yrsregistered 2.10.2008
Sales to public buyers607 €2022–2024

Financials

1,2 M€713 t€713 t€3 968 €11 t€540 €7 225 €2025-102026-05
RevenueOperating profitNet profit
Key figures31.5.202631.10.2025
Revenue713 t€1,2 M€
Revenue change-41,7 %–
EBITDA6 947 €-553 €
EBITDA %1,0 %-0,0 %
Operating profit11 t€3 968 €
Operating margin1,5 %0,3 %
Net profit7 225 €540 €
Personnel costs-222 t€-304 t€
Equity ratio51,7 %75,4 %
Quick ratio1,071,94
Current ratio2,034,02
Debt to revenue38,9 %14,0 %
Return on equity2,4 %0,1 %
Balance sheet total573 t€693 t€
Equity296 t€522 t€
Cash and bank142 t€164 t€

Balance sheet

693 t€573 t€573 t€522 t€296 t€164 t€142 t€2025-102026-05
Balance sheet totalEquityCash
Income statement and balance sheet

Income statement

31.5.202631.10.2025
Turnover713 t€1,2 M€
Other operating income11 t€18 t€
Raw materials and services245 t€397 t€
Personnel expenses222 t€304 t€
Depreciations and reductions in value3 633 €4 520 €
Other operating expenses244 t€532 t€
Operating profit (loss)11 t€3 968 €
Financial income and expenses + (-)1 557 €3 302 €
Profit (loss) before appropriations and taxes9 024 €665 €
Income taxes1 798 €126 €
Profit (loss) for the financial year7 225 €540 €

Balance sheet

31.5.202631.10.2025
Non-current assets14 t€17 t€
Stocks265 t€350 t€
Receivables152 t€161 t€
Cash in hand and at banks142 t€164 t€
Current assets559 t€675 t€
Assets573 t€693 t€
Share capital or other similar capital50 t€50 t€
Capital and reserves296 t€522 t€
Long-term liabilities1 810 €2 747 €
Short-term liabilities275 t€168 t€
Liabilities277 t€171 t€
All financial statement items (52)
31.5.202631.10.2025
Turnover713 t€1,2 M€
Other operating income11 t€18 t€
Raw materials and services245 t€397 t€
Personnel expenses222 t€304 t€
Depreciations and reductions in value3 633 €4 520 €
Other operating expenses244 t€532 t€
Operating profit (loss)11 t€3 968 €
Financial income and expenses + (-)1 557 €3 302 €
Profit (loss) before appropriations and taxes9 024 €665 €
Income taxes1 798 €126 €
Profit (loss) for the financial year7 225 €540 €
Non-current assets14 t€17 t€
Stocks265 t€350 t€
Receivables152 t€161 t€
Cash in hand and at banks142 t€164 t€
Current assets559 t€675 t€
Assets573 t€693 t€
Share capital or other similar capital50 t€50 t€
Capital and reserves296 t€522 t€
Long-term liabilities1 810 €2 747 €
Short-term liabilities275 t€168 t€
Liabilities277 t€171 t€
Long-term liabilities to credit institutions1 810 €2 747 €
Depreciations according to plan3 633 €4 520 €
Short-term sales receivables138 t€148 t€
Pension expenses31 t€42 t€
Other intangible assets7 171 €8 621 €
Profit (loss) for the period, equity7 225 €540 €
Interest expenses and other financial expenses for non-Group companies1 566 €3 367 €
Short-term liabilities to credit institutions1 647 €1 650 €
Intangible assets7 171 €8 621 €
Short-term receivables152 t€161 t€
Liabilities573 t€693 t€
Inventory increase (+) or decrease (-)86 t€-63 t€
Wages and salaries188 t€254 t€
Services purchased20 t€33 t€
Other social security expenses3 545 €7 734 €
Tangible assets6 551 €8 735 €
Short-term accounts payable24 t€101 t€
Short-term accrued expenses and deferred income80 t€53 t€
Other short-term receivables0 €11 t€
Other interest and financial income from non-group companies9 €65 €
Other current liabilities170 t€4 505 €
Materials and supplies263 t€348 t€
Reserve for invested non-restricted equity338 t€338 t€
Purchases during the financial year139 t€428 t€
Work in progress2 719 €1 368 €
Short-term prepayments and accrued income14 t€1 869 €
Machinery and equipment6 551 €8 735 €
Retained earnings-99 t€134 t€
Change in stocks of products + (-)1 351 €1 368 €
Short-term liabilities to Group companies0 €7 260 €

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

0 €0 €0 €0 €23 €23 €20202021202220232024

Measured by taxable income, Kari-Finn Oy is in the lower half of the industry class manufacture of electricity distribution and control apparatus (39 companies with taxable income; median 184 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.

Sales to public buyers

263 €200 €143 €143 €202220232024

Largest buyers

  • Pelastuslaitos, Helsinki Helsinki263 €
  • Konsernipalvelut Pohjois-Pohjanmaan hyvinvointialue200 €
  • Työllisyys, kehittämis- ja hallintokeskus Työ- ja elinkeinoministeriön hallinnonala143 €

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