Withgård Ab is a limited company based in Uusikaarlepyy, registered in 2009. In the financial year ending 31.12.2025, revenue was 794 t€ and operating profit 59 t€; equity ratio 15.5 %.
Revenue 2025794 t€-0 % on the previous year
Operating profit59 t€7,4 % of revenue
Net profit32 t€EBITDA 44 t€
Equity ratio15,5 %quick ratio 0,34
In business17 yrsregistered 11.2.2009
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 |
|---|---|---|---|---|---|
| Revenue | 794 t€ | 796 t€ | 796 t€ | 874 t€ | 400 t€ |
| Revenue change | -0,3 % | 0,0 % | -8,9 % | 118,6 % | – |
| EBITDA | 44 t€ | 67 t€ | -37 t€ | 42 t€ | 38 t€ |
| EBITDA % | 5,5 % | 8,4 % | -4,7 % | 4,8 % | 9,6 % |
| Operating profit | 59 t€ | 50 t€ | -56 t€ | 21 t€ | 19 t€ |
| Operating margin | 7,4 % | 6,2 % | -7,0 % | 2,5 % | 4,8 % |
| Net profit | 32 t€ | 28 t€ | -72 t€ | 9 289 € | 9 380 € |
| Personnel costs | -4 440 € | 4 293 € | 4 120 € | 3 971 € | 3 876 € |
| Equity ratio | 15,5 % | 7,5 % | 0,0 % | 14,9 % | 16,0 % |
| Quick ratio | 0,34 | 0,01 | 0,03 | 0,34 | 0,42 |
| Current ratio | 0,90 | 0,80 | 0,84 | 1,19 | 1,58 |
| Debt to revenue | 41,4 % | 43,7 % | 64,9 % | 50,9 % | 98,2 % |
| Return on equity | 53,3 % | 99,7 % | -91547,0 % | 11,9 % | 12,6 % |
| Balance sheet total | 524 t€ | 416 t€ | 516 t€ | 523 t€ | 467 t€ |
| Equity | 60 t€ | 28 t€ | 78 € | 78 t€ | 75 t€ |
| Cash and bank | 4 € | 60 € | 16 € | 0 € | 23 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 | 794 t€ | 796 t€ | 796 t€ | 874 t€ | 400 t€ |
| Other operating income | 27 t€ | 25 t€ | 7 258 € | 10 t€ | 13 t€ |
| Raw materials and services | 702 t€ | -727 t€ | -802 t€ | -797 t€ | -318 t€ |
| Personnel expenses | 4 440 € | -4 293 € | -4 120 € | -3 971 € | -3 876 € |
| Depreciations and reductions in value | 15 t€ | -17 t€ | -19 t€ | -21 t€ | -19 t€ |
| Other operating expenses | 40 t€ | -23 t€ | -34 t€ | -41 t€ | -53 t€ |
| Operating profit (loss) | 59 t€ | 50 t€ | -56 t€ | 21 t€ | 19 t€ |
| Financial income and expenses + (-) | 27 t€ | -22 t€ | -16 t€ | -9 855 € | -7 629 € |
| Profit (loss) before appropriations and taxes | 32 t€ | 28 t€ | -72 t€ | 12 t€ | 12 t€ |
| Income taxes | – | – | 0 € | -2 328 € | -2 356 € |
| Profit (loss) for the financial year | 32 t€ | 28 t€ | -72 t€ | 9 289 € | 9 380 € |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|---|---|
| Non-current assets | 181 t€ | 196 t€ | 213 t€ | 231 t€ | 239 t€ |
| Stocks | 215 t€ | 218 t€ | 295 t€ | 210 t€ | 167 t€ |
| Receivables | 128 t€ | 2 328 € | 9 033 € | 82 t€ | 37 t€ |
| Cash in hand and at banks | 4 € | 60 € | 16 € | 0 € | 23 t€ |
| Current assets | 343 t€ | 220 t€ | 304 t€ | 292 t€ | 228 t€ |
| Assets | 524 t€ | 416 t€ | 516 t€ | 523 t€ | 467 t€ |
| Share capital or other similar capital | 3 000 € | 3 000 € | 3 000 € | 3 000 € | 3 000 € |
| Capital and reserves | 60 t€ | 28 t€ | 78 € | 78 t€ | 75 t€ |
| Long-term liabilities | 82 t€ | 112 t€ | 156 t€ | 199 t€ | 248 t€ |
| Short-term liabilities | 382 t€ | 276 t€ | 361 t€ | 246 t€ | 144 t€ |
| Liabilities | 464 t€ | 388 t€ | 516 t€ | 445 t€ | 392 t€ |
All financial statement items (49)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|---|---|
| Turnover | 794 t€ | 796 t€ | 796 t€ | 874 t€ | 400 t€ |
| Other operating income | 27 t€ | 25 t€ | 7 258 € | 10 t€ | 13 t€ |
| Raw materials and services | 702 t€ | -727 t€ | -802 t€ | -797 t€ | -318 t€ |
| Personnel expenses | 4 440 € | -4 293 € | -4 120 € | -3 971 € | -3 876 € |
| Depreciations and reductions in value | 15 t€ | -17 t€ | -19 t€ | -21 t€ | -19 t€ |
| Other operating expenses | 40 t€ | -23 t€ | -34 t€ | -41 t€ | -53 t€ |
| Operating profit (loss) | 59 t€ | 50 t€ | -56 t€ | 21 t€ | 19 t€ |
| Financial income and expenses + (-) | 27 t€ | -22 t€ | -16 t€ | -9 855 € | -7 629 € |
| Profit (loss) before appropriations and taxes | 32 t€ | 28 t€ | -72 t€ | 12 t€ | 12 t€ |
| Income taxes | – | – | 0 € | -2 328 € | -2 356 € |
| Profit (loss) for the financial year | 32 t€ | 28 t€ | -72 t€ | 9 289 € | 9 380 € |
| Non-current assets | 181 t€ | 196 t€ | 213 t€ | 231 t€ | 239 t€ |
| Stocks | 215 t€ | 218 t€ | 295 t€ | 210 t€ | 167 t€ |
| Receivables | 128 t€ | 2 328 € | 9 033 € | 82 t€ | 37 t€ |
| Cash in hand and at banks | 4 € | 60 € | 16 € | 0 € | 23 t€ |
| Current assets | 343 t€ | 220 t€ | 304 t€ | 292 t€ | 228 t€ |
| Assets | 524 t€ | 416 t€ | 516 t€ | 523 t€ | 467 t€ |
| Share capital or other similar capital | 3 000 € | 3 000 € | 3 000 € | 3 000 € | 3 000 € |
| Capital and reserves | 60 t€ | 28 t€ | 78 € | 78 t€ | 75 t€ |
| Long-term liabilities | 82 t€ | 112 t€ | 156 t€ | 199 t€ | 248 t€ |
| Short-term liabilities | 382 t€ | 276 t€ | 361 t€ | 246 t€ | 144 t€ |
| Liabilities | 464 t€ | 388 t€ | 516 t€ | 445 t€ | 392 t€ |
| Buildings and structures, Owned | 166 t€ | 178 t€ | 192 t€ | 206 t€ | 222 t€ |
| Profit (loss) for the period, equity | 32 t€ | 28 t€ | -72 t€ | 9 289 € | 9 380 € |
| Machinery and equipment | 4 594 € | 6 126 € | 8 168 € | 11 t€ | 2 003 € |
| Other shares and similar rights of ownership | 200 € | 200 € | 100 € | 0 € | – |
| Pension expenses | 4 440 € | -4 293 € | -4 120 € | -3 971 € | -3 876 € |
| Short-term accounts payable | 145 t€ | 150 t€ | 294 t€ | 184 t€ | 90 t€ |
| Short-term prepayments and accrued income | 0 € | 2 328 € | 5 840 € | 10 t€ | 0 € |
| Liabilities | 524 t€ | 416 t€ | 516 t€ | 523 t€ | 467 t€ |
| Materials and supplies | 215 t€ | 218 t€ | 295 t€ | 210 t€ | 167 t€ |
| Short-term accrued expenses and deferred income | 0 € | 45 € | 10 t€ | 0 € | 2 356 € |
| Short-term sales receivables | – | – | 0 € | 72 t€ | 37 t€ |
| Interest expenses and other financial expenses for non-Group companies | 29 t€ | -22 t€ | -16 t€ | -9 857 € | -7 629 € |
| Short-term liabilities to credit institutions | 66 t€ | 49 t€ | 49 t€ | 49 t€ | 49 t€ |
| Other current liabilities | 36 t€ | 36 t€ | 7 625 € | 13 t€ | 2 924 € |
| Short-term receivables | 128 t€ | 2 328 € | 9 033 € | 82 t€ | 37 t€ |
| Retained earnings | 25 t€ | -2 922 € | 69 t€ | 66 t€ | 62 t€ |
| Other short-term receivables | 128 t€ | 0 € | 3 193 € | 0 € | – |
| Other tangible assets | 10 t€ | 11 t€ | 13 t€ | 14 t€ | 16 t€ |
| Investments | 200 € | 200 € | 100 € | 0 € | – |
| Inventory increase (+) or decrease (-) | 2 588 € | -77 t€ | 85 t€ | 42 t€ | -11 t€ |
| Depreciations according to plan | 15 t€ | -17 t€ | -19 t€ | -21 t€ | -19 t€ |
| Tangible assets | 181 t€ | 196 t€ | 213 t€ | 231 t€ | 239 t€ |
| Services purchased | 9 442 € | 0 € | -3 926 € | 0 € | – |
| Long-term liabilities to credit institutions | 82 t€ | 112 t€ | 156 t€ | 199 t€ | 248 t€ |
| Short-term advances received | 136 t€ | 40 t€ | 0 € | – | – |
| Purchases during the financial year | 690 t€ | -650 t€ | -884 t€ | -839 t€ | -307 t€ |
| Other interest and financial income from non-group companies | 1 721 € | 1 € | 32 € | 1 € | 0 € |
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
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.