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Suomen Kaivutekniikka Oy

Limited company, Lohja. Site preparation.

Suomen Kaivutekniikka Oy is a limited company based in Lohja, registered in 2009. In the financial year ending 30.9.2025, revenue was 761 t€ and operating profit -25 t€; equity ratio -1.5 %. It has won 1 public contracts in EU procurement notices.

Revenue 2025761 t€+4 % on the previous year
Operating profit-25 t€-3,2 % of revenue
Net profit-37 t€EBITDA -69 t€
Equity ratio-1,5 %quick ratio 0,46
In business17 yrsregistered 22.9.2009
Contracts won12,5 M€ in total

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Financials

734 t€761 t€761 t€-56 t€-25 t€-72 t€-37 t€2024-092025-09
RevenueOperating profitNet profit
Key figures30.9.202530.9.2024
Revenue761 t€734 t€
Revenue change3,6 %–
EBITDA-69 t€-111 t€
EBITDA %-9,1 %-15,1 %
Operating profit-25 t€-56 t€
Operating margin-3,2 %-7,6 %
Net profit-37 t€-72 t€
Personnel costs-411 t€-404 t€
Equity ratio-1,5 %7,7 %
Quick ratio0,460,53
Current ratio0,530,59
Debt to revenue51,4 %55,6 %
Return on equity–-210,0 %
Balance sheet total385 t€442 t€
Equity-5 769 €34 t€
Cash and bank13 t€30 t€

Balance sheet

442 t€385 t€385 t€34 t€-5 769 €30 t€13 t€2024-092025-09
Balance sheet totalEquityCash
Income statement and balance sheet

Income statement

30.9.202530.9.2024
Turnover761 t€734 t€
Raw materials and services48 t€31 t€
Personnel expenses411 t€404 t€
Depreciations and reductions in value44 t€56 t€
Other operating expenses282 t€299 t€
Operating profit (loss)-25 t€-56 t€
Financial income and expenses + (-)13 t€16 t€
Profit (loss) before appropriations and taxes-37 t€-72 t€
Profit (loss) for the financial year-37 t€-72 t€

Balance sheet

30.9.202530.9.2024
Non-current assets207 t€256 t€
Stocks20 t€20 t€
Receivables145 t€137 t€
Cash in hand and at banks13 t€30 t€
Current assets178 t€187 t€
Assets385 t€442 t€
Share capital or other similar capital2 500 €2 500 €
Capital and reserves-5 769 €34 t€
Long-term liabilities51 t€93 t€
Short-term liabilities340 t€315 t€
Liabilities391 t€408 t€
All financial statement items (48)
30.9.202530.9.2024
Turnover761 t€734 t€
Raw materials and services48 t€31 t€
Personnel expenses411 t€404 t€
Depreciations and reductions in value44 t€56 t€
Other operating expenses282 t€299 t€
Operating profit (loss)-25 t€-56 t€
Financial income and expenses + (-)13 t€16 t€
Profit (loss) before appropriations and taxes-37 t€-72 t€
Profit (loss) for the financial year-37 t€-72 t€
Non-current assets207 t€256 t€
Stocks20 t€20 t€
Receivables145 t€137 t€
Cash in hand and at banks13 t€30 t€
Current assets178 t€187 t€
Assets385 t€442 t€
Share capital or other similar capital2 500 €2 500 €
Capital and reserves-5 769 €34 t€
Long-term liabilities51 t€93 t€
Short-term liabilities340 t€315 t€
Liabilities391 t€408 t€
Short-term accounts payable46 t€39 t€
Short-term prepayments and accrued income21 t€3 646 €
Depreciations according to plan44 t€56 t€
Short-term liabilities to credit institutions42 t€70 t€
Land and water areas, Owned26 t€26 t€
Retained earnings29 t€104 t€
Liabilities385 t€442 t€
Long-term subordinated loans8 500 €0 €
Other interest and financial income from non-group companies6 €933 €
Short-term receivables145 t€137 t€
Short-term accrued expenses and deferred income79 t€55 t€
Purchases during the financial year43 t€21 t€
Short-term sales receivables124 t€130 t€
Inventory increase (+) or decrease (-)-100 €-2 400 €
Pension expenses54 t€56 t€
Services purchased5 144 €13 t€
Machinery and equipment165 t€214 t€
Long-term liabilities to credit institutions43 t€87 t€
Other current liabilities172 t€151 t€
Long-term accounts payable0 €5 580 €
Tangible assets207 t€256 t€
Other social security expenses13 t€11 t€
Buildings and structures, Owned16 t€16 t€
Wages and salaries344 t€337 t€
Other short-term receivables0 €3 151 €
Profit (loss) for the period, equity-37 t€-72 t€
Materials and supplies20 t€20 t€
Interest expenses and other financial expenses for non-Group companies13 t€17 t€

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

14 t€36 t€0 €0 €0 €0 €20202021202220232024

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.

Public contracts won

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