Tapahtuman vesi- ja putkipalvelu TVPP Oy is a limited company based in Vantaa, registered in 2008. In the financial year ending 30.11.2024, revenue was 473 t€ and operating profit 78 t€; equity ratio 87.7 %. Its taxable income in 2024 was 81 t€ and its income taxes 16 t€. Public buyers bought 13 t€ from it in 2022–2025; the largest buyer is Stara-liikelaitos, Helsinki (Helsinki).
Revenue 2024473 t€+32 % on the previous year
Operating profit78 t€16,5 % of revenue
Net profit63 t€EBITDA 94 t€
Equity ratio87,7 %quick ratio 6,65
Taxable income 202481 t€
top quarter of its industry
Income taxes 202416 t€55 t€ in 2020–2024
In business17 yrsregistered 20.11.2008
Sales to public buyers13 t€2022–2025
Vantaa: 73 new companies in 30 days
- Dunnock Technologies OyOhjelmistojen suunnittelu ja valmistus
- Kervamo oyRakennuspuusepän asennustyöt
- Avainjohto OyTyönvälitystoiminta
Try for free
Get your area's new companies by email every morning. 14 days, no card needed.
Financials
RevenueOperating profitNet profit
| Key figures | 30.11.2024 | 30.11.2023 | 30.11.2022 | 30.11.2021 |
|---|---|---|---|---|
| Revenue | 473 t€ | 357 t€ | 308 t€ | 336 t€ |
| Revenue change | 32,5 % | 15,8 % | -8,1 % | – |
| EBITDA | 94 t€ | 77 t€ | 67 t€ | 80 t€ |
| EBITDA % | 19,8 % | 21,5 % | 21,6 % | 23,9 % |
| Operating profit | 78 t€ | 71 t€ | 65 t€ | 75 t€ |
| Operating margin | 16,5 % | 20,0 % | 21,1 % | 22,3 % |
| Net profit | 63 t€ | 55 t€ | 51 t€ | 66 t€ |
| Personnel costs | 143 t€ | 90 t€ | 77 t€ | 43 t€ |
| Equity ratio | 87,7 % | 81,9 % | 77,1 % | 76,4 % |
| Quick ratio | 6,65 | 5,13 | 4,26 | 5,89 |
| Current ratio | 6,65 | 5,13 | 4,26 | 5,89 |
| Debt to revenue | 6,9 % | 11,3 % | 13,2 % | 8,7 % |
| Return on equity | 27,3 % | 30,5 % | 37,0 % | 70,0 % |
| Balance sheet total | 263 t€ | 222 t€ | 178 t€ | 123 t€ |
| Equity | 230 t€ | 182 t€ | 138 t€ | 94 t€ |
| Cash and bank | 129 t€ | 121 t€ | 157 t€ | 100 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 30.11.2024 | 30.11.2023 | 30.11.2022 | 30.11.2021 | |
|---|---|---|---|---|
| Turnover | 473 t€ | 357 t€ | 308 t€ | 336 t€ |
| Other operating income | – | – | 1 783 € | 6 852 € |
| Raw materials and services | -113 t€ | -111 t€ | -95 t€ | -167 t€ |
| Personnel expenses | -143 t€ | -90 t€ | -77 t€ | -43 t€ |
| Depreciations and reductions in value | -16 t€ | -5 254 € | -1 580 € | -5 141 € |
| Other operating expenses | -123 t€ | -80 t€ | -72 t€ | -52 t€ |
| Operating profit (loss) | 78 t€ | 71 t€ | 65 t€ | 75 t€ |
| Financial income and expenses + (-) | -38 € | -1 002 € | -689 € | -344 € |
| Profit (loss) before appropriations and taxes | 78 t€ | 70 t€ | 64 t€ | 75 t€ |
| Income taxes | -15 t€ | -15 t€ | -13 t€ | -8 677 € |
| Profit (loss) for the financial year | 63 t€ | 55 t€ | 51 t€ | 66 t€ |
Balance sheet
| 30.11.2024 | 30.11.2023 | 30.11.2022 | 30.11.2021 | |
|---|---|---|---|---|
| Non-current assets | 47 t€ | 16 t€ | 4 740 € | 15 t€ |
| Receivables | 87 t€ | 85 t€ | 17 t€ | 8 228 € |
| Cash in hand and at banks | 129 t€ | 121 t€ | 157 t€ | 100 t€ |
| Current assets | 216 t€ | 207 t€ | 174 t€ | 108 t€ |
| Assets | 263 t€ | 222 t€ | 178 t€ | 123 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 230 t€ | 182 t€ | 138 t€ | 94 t€ |
| Long-term liabilities | – | – | 0 € | 11 t€ |
| Short-term liabilities | 32 t€ | 40 t€ | 41 t€ | 18 t€ |
| Liabilities | 32 t€ | 40 t€ | 41 t€ | 29 t€ |
All financial statement items (44)
| 30.11.2024 | 30.11.2023 | 30.11.2022 | 30.11.2021 | |
|---|---|---|---|---|
| Turnover | 473 t€ | 357 t€ | 308 t€ | 336 t€ |
| Other operating income | – | – | 1 783 € | 6 852 € |
| Raw materials and services | -113 t€ | -111 t€ | -95 t€ | -167 t€ |
| Personnel expenses | -143 t€ | -90 t€ | -77 t€ | -43 t€ |
| Depreciations and reductions in value | -16 t€ | -5 254 € | -1 580 € | -5 141 € |
| Other operating expenses | -123 t€ | -80 t€ | -72 t€ | -52 t€ |
| Operating profit (loss) | 78 t€ | 71 t€ | 65 t€ | 75 t€ |
| Financial income and expenses + (-) | -38 € | -1 002 € | -689 € | -344 € |
| Profit (loss) before appropriations and taxes | 78 t€ | 70 t€ | 64 t€ | 75 t€ |
| Income taxes | -15 t€ | -15 t€ | -13 t€ | -8 677 € |
| Profit (loss) for the financial year | 63 t€ | 55 t€ | 51 t€ | 66 t€ |
| Non-current assets | 47 t€ | 16 t€ | 4 740 € | 15 t€ |
| Receivables | 87 t€ | 85 t€ | 17 t€ | 8 228 € |
| Cash in hand and at banks | 129 t€ | 121 t€ | 157 t€ | 100 t€ |
| Current assets | 216 t€ | 207 t€ | 174 t€ | 108 t€ |
| Assets | 263 t€ | 222 t€ | 178 t€ | 123 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 230 t€ | 182 t€ | 138 t€ | 94 t€ |
| Long-term liabilities | – | – | 0 € | 11 t€ |
| Short-term liabilities | 32 t€ | 40 t€ | 41 t€ | 18 t€ |
| Liabilities | 32 t€ | 40 t€ | 41 t€ | 29 t€ |
| Other short-term receivables | 1 730 € | 0 € | 1 189 € | 3 746 € |
| Other current liabilities | 17 t€ | 30 t€ | 19 t€ | 2 121 € |
| Retained earnings | 165 t€ | 124 t€ | 84 t€ | 26 t€ |
| Long-term receivables | 11 t€ | 12 t€ | 1 600 € | 1 600 € |
| Short-term prepayments and accrued income | 7 383 € | 901 € | 2 267 € | 554 € |
| Other long-term receivables | 11 t€ | 12 t€ | 1 600 € | 1 600 € |
| Short-term accounts payable | 10 t€ | 7 020 € | 7 961 € | 2 355 € |
| Short-term sales receivables | 67 t€ | 72 t€ | 12 t€ | 2 329 € |
| Purchases during the financial year | -80 t€ | -59 t€ | -54 t€ | -115 t€ |
| Profit (loss) for the period, equity | 63 t€ | 55 t€ | 51 t€ | 66 t€ |
| Short-term receivables | 76 t€ | 73 t€ | 15 t€ | 6 629 € |
| Interest expenses and other financial expenses for non-Group companies | -38 € | -1 002 € | -689 € | -512 € |
| Tangible assets | 47 t€ | 16 t€ | 4 740 € | 15 t€ |
| Wages and salaries | -119 t€ | -76 t€ | -67 t€ | -39 t€ |
| Short-term accrued expenses and deferred income | 5 353 € | 3 044 € | 14 t€ | 14 t€ |
| Liabilities | 263 t€ | 222 t€ | 178 t€ | 123 t€ |
| Long-term accounts payable | – | – | 0 € | 11 t€ |
| Other interest and financial income from non-group companies | – | – | 0 € | 168 € |
| Other social security expenses | -3 221 € | -4 519 € | -2 188 € | -1 112 € |
| Machinery and equipment | 47 t€ | 16 t€ | 4 740 € | 15 t€ |
| Depreciations according to plan | -16 t€ | -5 254 € | -1 580 € | -5 141 € |
| Services purchased | -33 t€ | -52 t€ | -41 t€ | -52 t€ |
| Pension expenses | -21 t€ | -8 955 € | -7 810 € | -3 198 € |
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, Tapahtuman vesi- ja putkipalvelu TVPP Oy is in the top quarter of the industry class programme agencies and management service activities for culture (289 companies with taxable income; median 13 t€, 6,1 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.