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First Balance Oy

Limited company, Vantaa. Business and other management consultancy activities.

First Balance Oy is a limited company based in Vantaa, registered in 2009. In the financial year ending 31.12.2025, revenue was 112 t€ and operating profit 159 €; equity ratio 87.7 %. Its taxable income in 2024 was 39 t€ and its income taxes 7 805 €.

Revenue 2025112 t€-18 % on the previous year
Operating profit159 €0,1 % of revenue
Net profit-41 €EBITDA 159 €
Equity ratio87,7 %quick ratio 8,11
Taxable income 202439 t€ upper half of its industry
Income taxes 20247 805 €67 t€ in 2020–2024
In business16 yrsregistered 24.11.2009

Financials

167 t€136 t€112 t€112 t€76 t€39 t€159 €61 t€31 t€-41 €202320242025
RevenueOperating profitNet profit
Key figures31.12.202531.12.202431.12.2023
Revenue112 t€136 t€167 t€
Revenue change-17,6 %-18,6 %–
EBITDA159 €39 t€76 t€
EBITDA %0,1 %28,2 %45,2 %
Operating profit159 €39 t€76 t€
Operating margin0,1 %28,2 %45,2 %
Net profit-41 €31 t€61 t€
Personnel costs-85 t€81 t€79 t€
Equity ratio87,7 %90,6 %90,8 %
Quick ratio8,1110,6010,87
Current ratio8,1110,6010,87
Debt to revenue15,8 %15,8 %15,5 %
Return on equity-0,0 %14,9 %23,7 %
Balance sheet total144 t€228 t€282 t€
Equity126 t€206 t€256 t€
Cash and bank93 t€177 t€192 t€

Balance sheet

282 t€228 t€144 t€144 t€256 t€206 t€126 t€192 t€177 t€93 t€202320242025
Balance sheet totalEquityCash
Income statement and balance sheet

Income statement

31.12.202531.12.202431.12.2023
Turnover112 t€136 t€167 t€
Raw materials and services4 797 €-2 434 €-223 €
Personnel expenses85 t€-81 t€-79 t€
Other operating expenses22 t€-14 t€-13 t€
Operating profit (loss)159 €39 t€76 t€
Financial income and expenses + (-)168 €1 €-41 €
Profit (loss) before appropriations and taxes-9 €39 t€76 t€
Income taxes32 €-7 812 €-15 t€
Profit (loss) for the financial year-41 €31 t€61 t€

Balance sheet

31.12.202531.12.202431.12.2023
Receivables51 t€51 t€89 t€
Cash in hand and at banks93 t€177 t€192 t€
Current assets144 t€228 t€282 t€
Assets144 t€228 t€282 t€
Share capital or other similar capital2 500 €2 500 €2 500 €
Capital and reserves126 t€206 t€256 t€
Short-term liabilities18 t€22 t€26 t€
Liabilities18 t€22 t€26 t€
All financial statement items (33)
31.12.202531.12.202431.12.2023
Turnover112 t€136 t€167 t€
Raw materials and services4 797 €-2 434 €-223 €
Personnel expenses85 t€-81 t€-79 t€
Other operating expenses22 t€-14 t€-13 t€
Operating profit (loss)159 €39 t€76 t€
Financial income and expenses + (-)168 €1 €-41 €
Profit (loss) before appropriations and taxes-9 €39 t€76 t€
Income taxes32 €-7 812 €-15 t€
Profit (loss) for the financial year-41 €31 t€61 t€
Receivables51 t€51 t€89 t€
Cash in hand and at banks93 t€177 t€192 t€
Current assets144 t€228 t€282 t€
Assets144 t€228 t€282 t€
Share capital or other similar capital2 500 €2 500 €2 500 €
Capital and reserves126 t€206 t€256 t€
Short-term liabilities18 t€22 t€26 t€
Liabilities18 t€22 t€26 t€
Short-term sales receivables29 t€42 t€89 t€
Pension expenses18 t€-15 t€-13 t€
Profit (loss) for the period, equity-41 €31 t€61 t€
Interest expenses and other financial expenses for non-Group companies168 €0 €-41 €
Short-term receivables51 t€51 t€89 t€
Liabilities144 t€228 t€282 t€
Wages and salaries60 t€-60 t€-60 t€
Services purchased4 797 €-2 405 €-223 €
Other social security expenses7 499 €-6 290 €-6 187 €
Short-term accounts payable130 €113 €139 €
Short-term accrued expenses and deferred income5 807 €5 848 €8 104 €
Other short-term receivables22 t€8 875 €330 €
Other interest and financial income from non-group companies0 €1 €0 €
Other current liabilities12 t€16 t€18 t€
Purchases during the financial year0 €-29 €0 €
Retained earnings124 t€173 t€193 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

66 t€73 t€79 t€76 t€39 t€39 t€20202021202220232024

Measured by taxable income, First Balance Oy is in the upper half of the industry class business and other management consultancy activities (7664 companies with taxable income; median 16 t€, 2,5 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.

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