Hake Vainionpää Oy is a limited company based in Alavus, registered in 2010. In the financial year ending 31.3.2026, revenue was 89 t€ and operating profit -15 t€; equity ratio 1.3 %.
Revenue 202689 t€+52 % on the previous year
Operating profit-15 t€-17,3 % of revenue
Net profit-18 t€EBITDA -40 t€
Equity ratio1,3 %quick ratio 0,34
In business16 yrsregistered 8.1.2010
Financials
RevenueOperating profitNet profit
| Key figures | 31.3.2026 | 31.3.2025 |
|---|---|---|
| Revenue | 89 t€ | 59 t€ |
| Revenue change | 51,5 % | – |
| EBITDA | -40 t€ | -60 t€ |
| EBITDA % | -44,7 % | -102,4 % |
| Operating profit | -15 t€ | -28 t€ |
| Operating margin | -17,3 % | -47,1 % |
| Net profit | -18 t€ | -33 t€ |
| Personnel costs | -344 € | -312 € |
| Equity ratio | 1,3 % | 1,6 % |
| Quick ratio | 0,34 | 0,20 |
| Current ratio | 1,55 | 2,19 |
| Debt to revenue | 166,2 % | 311,3 % |
| Return on equity | -923,2 % | -1136,4 % |
| Balance sheet total | 149 t€ | 185 t€ |
| Equity | 1 942 € | 2 873 € |
| Cash and bank | 291 € | 124 € |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.3.2026 | 31.3.2025 | |
|---|---|---|
| Turnover | 89 t€ | 59 t€ |
| Raw materials and services | 25 t€ | 18 t€ |
| Personnel expenses | 344 € | 312 € |
| Depreciations and reductions in value | 24 t€ | 32 t€ |
| Other operating expenses | 55 t€ | 36 t€ |
| Operating profit (loss) | -15 t€ | -28 t€ |
| Financial income and expenses + (-) | 2 609 € | 5 038 € |
| Profit (loss) before appropriations and taxes | -18 t€ | -33 t€ |
| Profit (loss) for the financial year | -18 t€ | -33 t€ |
Balance sheet
| 31.3.2026 | 31.3.2025 | |
|---|---|---|
| Non-current assets | 73 t€ | 97 t€ |
| Stocks | 60 t€ | 80 t€ |
| Receivables | 16 t€ | 7 914 € |
| Cash in hand and at banks | 291 € | 124 € |
| Current assets | 77 t€ | 88 t€ |
| Assets | 149 t€ | 185 t€ |
| Share capital or other similar capital | 10 t€ | 10 t€ |
| Capital and reserves | 1 942 € | 2 873 € |
| Long-term liabilities | 98 t€ | 142 t€ |
| Short-term liabilities | 49 t€ | 40 t€ |
| Liabilities | 148 t€ | 182 t€ |
All financial statement items (44)
| 31.3.2026 | 31.3.2025 | |
|---|---|---|
| Turnover | 89 t€ | 59 t€ |
| Raw materials and services | 25 t€ | 18 t€ |
| Personnel expenses | 344 € | 312 € |
| Depreciations and reductions in value | 24 t€ | 32 t€ |
| Other operating expenses | 55 t€ | 36 t€ |
| Operating profit (loss) | -15 t€ | -28 t€ |
| Financial income and expenses + (-) | 2 609 € | 5 038 € |
| Profit (loss) before appropriations and taxes | -18 t€ | -33 t€ |
| Profit (loss) for the financial year | -18 t€ | -33 t€ |
| Non-current assets | 73 t€ | 97 t€ |
| Stocks | 60 t€ | 80 t€ |
| Receivables | 16 t€ | 7 914 € |
| Cash in hand and at banks | 291 € | 124 € |
| Current assets | 77 t€ | 88 t€ |
| Assets | 149 t€ | 185 t€ |
| Share capital or other similar capital | 10 t€ | 10 t€ |
| Capital and reserves | 1 942 € | 2 873 € |
| Long-term liabilities | 98 t€ | 142 t€ |
| Short-term liabilities | 49 t€ | 40 t€ |
| Liabilities | 148 t€ | 182 t€ |
| Profit (loss) for the period, equity | -18 t€ | -33 t€ |
| Machinery and equipment | 73 t€ | 97 t€ |
| Short-term accounts payable | 1 974 € | 1 858 € |
| Short-term prepayments and accrued income | 3 348 € | 3 228 € |
| Liabilities | 149 t€ | 185 t€ |
| Materials and supplies | 60 t€ | 80 t€ |
| Short-term accrued expenses and deferred income | 107 € | 260 € |
| Short-term sales receivables | 13 t€ | 4 532 € |
| Interest expenses and other financial expenses for non-Group companies | 2 609 € | 5 039 € |
| Short-term liabilities to credit institutions | 27 t€ | 29 t€ |
| Other current liabilities | 20 t€ | 8 552 € |
| Short-term receivables | 16 t€ | 7 914 € |
| Other short-term receivables | 382 € | 153 € |
| Retained earnings | -77 t€ | -44 t€ |
| Inventory increase (+) or decrease (-) | 20 t€ | 0 € |
| Depreciations according to plan | 24 t€ | 32 t€ |
| Tangible assets | 73 t€ | 97 t€ |
| Subordinated loan | 87 t€ | 70 t€ |
| Services purchased | 2 504 € | 600 € |
| Long-term liabilities to credit institutions | 0 € | 27 t€ |
| Other long-term liabilities | 98 t€ | 115 t€ |
| Purchases during the financial year | 2 000 € | 17 t€ |
| Other interest and financial income from non-group companies | 0 € | 1 € |
| Other social security expenses | 344 € | 312 € |
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).