Louhikon Korsika Oy is a limited company based in Seinäjoki, registered in 2009. In the financial year ending 30.6.2026, revenue was 2,6 M€ and operating profit -1 175 €; equity ratio 37.4 %.
Revenue 20262,6 M€-7 % on the previous year
Operating profit-1 175 €-0,0 % of revenue
Net profit23 t€EBITDA -82 t€
Equity ratio37,4 %quick ratio 1,48
Taxable income 20240 €
-100 % on the previous year
Income taxes 20240 €171 t€ in 2020–2024
In business17 yrsregistered 10.7.2009
Financials
RevenueOperating profitNet profit
| Key figures | 30.6.2026 | 30.6.2025 | 30.6.2024 | 30.6.2023 | 30.6.2022 | 31.12.2020 |
|---|---|---|---|---|---|---|
| Revenue | 2,6 M€ | 2,8 M€ | 2,4 M€ | 2,6 M€ | 1,7 M€ | 119 t€ |
| Revenue change | -6,6 % | 15,8 % | -6,8 % | 56,1 % | 1298,7 % | – |
| EBITDA | -82 t€ | 249 t€ | 86 t€ | 433 t€ | 569 t€ | 31 t€ |
| EBITDA % | -3,2 % | 8,9 % | 3,6 % | 16,7 % | 34,3 % | 25,9 % |
| Operating profit | -1 175 € | 167 t€ | 4 356 € | 364 t€ | 543 t€ | 31 t€ |
| Operating margin | -0,0 % | 6,0 % | 0,2 % | 14,0 % | 32,7 % | 25,9 % |
| Net profit | 23 t€ | 115 t€ | 7 720 € | 242 t€ | 414 t€ | 14 t€ |
| Personnel costs | -79 t€ | 73 t€ | 78 t€ | 78 t€ | 57 t€ | 125 t€ |
| Equity ratio | 37,4 % | 32,6 % | 29,3 % | 31,0 % | 19,7 % | 10,0 % |
| Quick ratio | 1,48 | 1,01 | 1,19 | 1,85 | 0,85 | 0,62 |
| Current ratio | 2,21 | 2,06 | 2,01 | 2,67 | 1,23 | 0,62 |
| Debt to revenue | 76,0 % | 87,8 % | 116,1 % | 102,8 % | 160,1 % | 1784,4 % |
| Return on equity | 2,0 % | 9,7 % | 0,7 % | 20,2 % | 63,7 % | 5,9 % |
| Balance sheet total | 3,2 M€ | 3,6 M€ | 4,0 M€ | 3,9 M€ | 3,3 M€ | 2,4 M€ |
| Equity | 1,2 M€ | 1,2 M€ | 1,2 M€ | 1,2 M€ | 650 t€ | 236 t€ |
| Cash and bank | 106 t€ | 80 t€ | 628 t€ | 523 t€ | 688 t€ | 886 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 30.6.2026 | 30.6.2025 | 30.6.2024 | 30.6.2023 | 30.6.2022 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 2,6 M€ | 2,8 M€ | 2,4 M€ | 2,6 M€ | 1,7 M€ | 119 t€ |
| Other operating income | 145 t€ | 143 t€ | 261 t€ | 539 t€ | 245 t€ | 57 t€ |
| Raw materials and services | 2,3 M€ | -2,4 M€ | -2,3 M€ | -2,5 M€ | -1,2 M€ | -7 261 € |
| Personnel expenses | 79 t€ | -73 t€ | -78 t€ | -78 t€ | -57 t€ | -125 t€ |
| Depreciations and reductions in value | 81 t€ | -82 t€ | -82 t€ | -69 t€ | -27 t€ | 0 € |
| Other operating expenses | 264 t€ | -236 t€ | -172 t€ | -132 t€ | -98 t€ | -12 t€ |
| Operating profit (loss) | -1 175 € | 167 t€ | 4 356 € | 364 t€ | 543 t€ | 31 t€ |
| Financial income and expenses + (-) | -20 t€ | -36 t€ | -8 054 € | -60 t€ | -25 t€ | -13 t€ |
| Profit (loss) before appropriations and taxes | 19 t€ | 132 t€ | -3 697 € | 304 t€ | 518 t€ | 18 t€ |
| Income taxes | -4 782 € | -16 t€ | 11 t€ | -62 t€ | -104 t€ | -3 495 € |
| Profit (loss) for the financial year | 23 t€ | 115 t€ | 7 720 € | 242 t€ | 414 t€ | 14 t€ |
Balance sheet
| 30.6.2026 | 30.6.2025 | 30.6.2024 | 30.6.2023 | 30.6.2022 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Non-current assets | 2,4 M€ | 2,4 M€ | 2,4 M€ | 2,1 M€ | 1,7 M€ | 1,4 M€ |
| Stocks | 245 t€ | 627 t€ | 615 t€ | 545 t€ | 494 t€ | 0 € |
| Receivables | 90 t€ | 173 t€ | 158 t€ | 89 t€ | 215 t€ | 93 t€ |
| Cash in hand and at banks | 106 t€ | 80 t€ | 628 t€ | 523 t€ | 688 t€ | 886 t€ |
| Current assets | 748 t€ | 1,2 M€ | 1,5 M€ | 1,8 M€ | 1,6 M€ | 979 t€ |
| Assets | 3,2 M€ | 3,6 M€ | 4,0 M€ | 3,9 M€ | 3,3 M€ | 2,4 M€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 1,2 M€ | 1,2 M€ | 1,2 M€ | 1,2 M€ | 650 t€ | 236 t€ |
| Long-term liabilities | 1,6 M€ | 1,9 M€ | 2,0 M€ | 2,0 M€ | 1,3 M€ | 546 t€ |
| Short-term liabilities | 339 t€ | 599 t€ | 753 t€ | 664 t€ | 1,3 M€ | 1,6 M€ |
| Liabilities | 2,0 M€ | 2,5 M€ | 2,8 M€ | 2,7 M€ | 2,7 M€ | 2,1 M€ |
All financial statement items (59)
| 30.6.2026 | 30.6.2025 | 30.6.2024 | 30.6.2023 | 30.6.2022 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 2,6 M€ | 2,8 M€ | 2,4 M€ | 2,6 M€ | 1,7 M€ | 119 t€ |
| Other operating income | 145 t€ | 143 t€ | 261 t€ | 539 t€ | 245 t€ | 57 t€ |
| Raw materials and services | 2,3 M€ | -2,4 M€ | -2,3 M€ | -2,5 M€ | -1,2 M€ | -7 261 € |
| Personnel expenses | 79 t€ | -73 t€ | -78 t€ | -78 t€ | -57 t€ | -125 t€ |
| Depreciations and reductions in value | 81 t€ | -82 t€ | -82 t€ | -69 t€ | -27 t€ | 0 € |
| Other operating expenses | 264 t€ | -236 t€ | -172 t€ | -132 t€ | -98 t€ | -12 t€ |
| Operating profit (loss) | -1 175 € | 167 t€ | 4 356 € | 364 t€ | 543 t€ | 31 t€ |
| Financial income and expenses + (-) | -20 t€ | -36 t€ | -8 054 € | -60 t€ | -25 t€ | -13 t€ |
| Profit (loss) before appropriations and taxes | 19 t€ | 132 t€ | -3 697 € | 304 t€ | 518 t€ | 18 t€ |
| Income taxes | -4 782 € | -16 t€ | 11 t€ | -62 t€ | -104 t€ | -3 495 € |
| Profit (loss) for the financial year | 23 t€ | 115 t€ | 7 720 € | 242 t€ | 414 t€ | 14 t€ |
| Non-current assets | 2,4 M€ | 2,4 M€ | 2,4 M€ | 2,1 M€ | 1,7 M€ | 1,4 M€ |
| Stocks | 245 t€ | 627 t€ | 615 t€ | 545 t€ | 494 t€ | 0 € |
| Receivables | 90 t€ | 173 t€ | 158 t€ | 89 t€ | 215 t€ | 93 t€ |
| Cash in hand and at banks | 106 t€ | 80 t€ | 628 t€ | 523 t€ | 688 t€ | 886 t€ |
| Current assets | 748 t€ | 1,2 M€ | 1,5 M€ | 1,8 M€ | 1,6 M€ | 979 t€ |
| Assets | 3,2 M€ | 3,6 M€ | 4,0 M€ | 3,9 M€ | 3,3 M€ | 2,4 M€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 1,2 M€ | 1,2 M€ | 1,2 M€ | 1,2 M€ | 650 t€ | 236 t€ |
| Long-term liabilities | 1,6 M€ | 1,9 M€ | 2,0 M€ | 2,0 M€ | 1,3 M€ | 546 t€ |
| Short-term liabilities | 339 t€ | 599 t€ | 753 t€ | 664 t€ | 1,3 M€ | 1,6 M€ |
| Liabilities | 2,0 M€ | 2,5 M€ | 2,8 M€ | 2,7 M€ | 2,7 M€ | 2,1 M€ |
| Other tangible assets | 19 t€ | 21 t€ | 23 t€ | 25 t€ | 28 t€ | 0 € |
| Long-term liabilities to credit institutions | 1,6 M€ | 1,9 M€ | 2,0 M€ | 2,0 M€ | 1,3 M€ | 546 t€ |
| Investments | 893 t€ | 806 t€ | 781 t€ | 421 t€ | 10 t€ | 300 t€ |
| Depreciations according to plan | 81 t€ | -82 t€ | -82 t€ | -69 t€ | -27 t€ | 0 € |
| Short-term sales receivables | 28 t€ | 10 t€ | 95 t€ | 73 t€ | 0 € | 3 534 € |
| Subordinated loan | – | – | 0 € | 200 t€ | 200 t€ | 200 t€ |
| Pension expenses | 25 t€ | -29 t€ | -29 t€ | -33 t€ | -63 t€ | -45 t€ |
| Profit (loss) for the period, equity | 23 t€ | 115 t€ | 7 720 € | 242 t€ | 414 t€ | 14 t€ |
| Income from other investments under non-current assets, from other companies | 12 t€ | 17 t€ | 18 t€ | 4 700 € | 0 € | – |
| Interest expenses and other financial expenses for non-Group companies | 71 t€ | -99 t€ | -152 t€ | -64 t€ | -67 t€ | -37 t€ |
| Short-term liabilities to credit institutions | 194 t€ | 193 t€ | 208 t€ | 177 t€ | 945 t€ | 1,5 M€ |
| Other shares and similar rights of ownership | 893 t€ | 806 t€ | 781 t€ | 421 t€ | 10 t€ | 300 t€ |
| Finished products | 82 t€ | 33 t€ | 25 t€ | 30 t€ | 13 t€ | 0 € |
| Short-term receivables | 90 t€ | 173 t€ | 158 t€ | 89 t€ | 215 t€ | 93 t€ |
| Liabilities | 3,2 M€ | 3,6 M€ | 4,0 M€ | 3,9 M€ | 3,3 M€ | 2,4 M€ |
| Inventory increase (+) or decrease (-) | 382 t€ | 12 t€ | 70 t€ | 51 t€ | 494 t€ | 0 € |
| Wages and salaries | 50 t€ | -42 t€ | -46 t€ | -41 t€ | 20 t€ | -69 t€ |
| Services purchased | 71 t€ | -59 t€ | -72 t€ | -63 t€ | -12 t€ | 0 € |
| Other social security expenses | 3 413 € | -2 763 € | -3 671 € | -4 469 € | -14 t€ | -11 t€ |
| Tangible assets | 1,5 M€ | 1,6 M€ | 1,7 M€ | 1,7 M€ | 1,7 M€ | 1,1 M€ |
| Short-term accounts payable | 102 t€ | 398 t€ | 460 t€ | 420 t€ | 244 t€ | 72 t€ |
| Short-term accrued expenses and deferred income | 9 676 € | 5 949 € | 13 t€ | 47 t€ | 111 t€ | 41 t€ |
| Other short-term receivables | 43 t€ | 38 t€ | 32 t€ | 3 730 € | 29 t€ | 85 t€ |
| Other interest and financial income from non-group companies | 78 t€ | 46 t€ | 175 t€ | 2 230 € | 47 t€ | 23 t€ |
| Shares and holdings | 308 t€ | 351 t€ | 113 t€ | 614 t€ | 215 t€ | 0 € |
| Other current liabilities | 34 t€ | 1 378 € | 73 t€ | 20 t€ | 17 t€ | 4 293 € |
| Reductions in value of shares and holdings in current assets | – | 0 € | -49 t€ | -3 369 € | -5 222 € | 0 € |
| Purchases during the financial year | 1,9 M€ | -2,3 M€ | -2,3 M€ | -2,5 M€ | -1,7 M€ | -7 261 € |
| Work in progress | 163 t€ | 594 t€ | 590 t€ | 515 t€ | 481 t€ | 0 € |
| Short-term prepayments and accrued income | 20 t€ | 55 t€ | 31 t€ | 12 t€ | 185 t€ | 4 252 € |
| Machinery and equipment | 66 t€ | 72 t€ | 70 t€ | 0 € | – | – |
| Buildings and structures, Owned | 1,4 M€ | 1,5 M€ | 1,6 M€ | 1,6 M€ | 1,6 M€ | 1,1 M€ |
| Retained earnings | 529 t€ | 1,1 M€ | 1,2 M€ | 753 t€ | 34 t€ | 20 t€ |
| Short-term loan receivables | 0 € | 70 t€ | 0 € | – | – | – |
| Land and water areas, Owned | 18 t€ | 18 t€ | 18 t€ | 18 t€ | 18 t€ | 8 048 € |
| Revaluation reserve | 628 t€ | 0 € | – | – | – | – |
| Other shares, financial securities | 308 t€ | 351 t€ | 113 t€ | 614 t€ | 215 t€ | 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.
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