k-Space Oy is a limited company based in Helsinki, registered in 2011. In the financial year ending 31.10.2025, revenue was 1,2 M€ and operating profit -153 t€; equity ratio 78.1 %. Its taxable income in 2024 was 182 t€ and its income taxes 37 t€. Public buyers bought 908 t€ from it in 2022–2024; the largest buyer is Työterveysliikelaitos, Helsinki (Helsinki). Latest Trade Register entry: change of ceo, 14.5.2026.
Revenue 20251,2 M€-35 % on the previous year
Operating profit-153 t€-12,3 % of revenue
Net profit-149 t€EBITDA -260 t€
Equity ratio78,1 %quick ratio 1,81
Taxable income 2024182 t€
top 10 % of its industry
Income taxes 202437 t€193 t€ in 2020–2024
In business15 yrsregistered 7.1.2011
Sales to public buyers908 t€2022–2024
Trade Register1entries, latest: change of ceo
Financials
RevenueOperating profitNet profit
| Key figures | 31.10.2025 | 31.10.2024 | 31.10.2023 | 31.10.2022 | 31.10.2021 | 31.10.2020 |
|---|---|---|---|---|---|---|
| Revenue | 1,2 M€ | 1,9 M€ | 2,0 M€ | 2,3 M€ | 2,1 M€ | 1,5 M€ |
| Revenue change | -34,9 % | -5,7 % | -13,3 % | 10,9 % | 36,4 % | – |
| EBITDA | -260 t€ | 300 t€ | 366 t€ | 537 t€ | 364 t€ | 102 t€ |
| EBITDA % | -20,9 % | 15,7 % | 18,0 % | 22,9 % | 17,2 % | 6,6 % |
| Operating profit | -153 t€ | 176 t€ | 219 t€ | 404 t€ | 205 t€ | -39 t€ |
| Operating margin | -12,3 % | 9,2 % | 10,8 % | 17,2 % | 9,7 % | -2,5 % |
| Net profit | -149 t€ | 146 t€ | 175 t€ | 326 t€ | 99 t€ | -54 t€ |
| Personnel costs | -391 t€ | 446 t€ | 414 t€ | 411 t€ | 388 t€ | 292 t€ |
| Equity ratio | 78,1 % | 83,5 % | 86,4 % | 79,3 % | 79,2 % | 63,6 % |
| Quick ratio | 1,81 | 3,90 | 3,71 | 2,92 | 1,80 | 1,97 |
| Current ratio | 1,81 | 3,90 | 3,71 | 2,92 | 1,80 | 1,97 |
| Debt to revenue | 6,1 % | 6,4 % | 5,2 % | 8,9 % | 8,4 % | 21,3 % |
| Return on equity | -54,9 % | 23,4 % | 25,9 % | 40,7 % | 14,7 % | -9,4 % |
| Balance sheet total | 348 t€ | 744 t€ | 782 t€ | 1,0 M€ | 853 t€ | 905 t€ |
| Equity | 272 t€ | 621 t€ | 676 t€ | 801 t€ | 675 t€ | 576 t€ |
| Cash and bank | 55 t€ | 299 t€ | 269 t€ | 416 t€ | 71 t€ | 62 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.10.2025 | 31.10.2024 | 31.10.2023 | 31.10.2022 | 31.10.2021 | 31.10.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 1,2 M€ | 1,9 M€ | 2,0 M€ | 2,3 M€ | 2,1 M€ | 1,5 M€ |
| Other operating income | 29 t€ | 28 t€ | 27 t€ | 30 t€ | 3 888 € | 55 t€ |
| Raw materials and services | 479 t€ | -760 t€ | -835 t€ | -914 t€ | -884 t€ | -618 t€ |
| Personnel expenses | 391 t€ | -446 t€ | -414 t€ | -411 t€ | -388 t€ | -292 t€ |
| Depreciations and reductions in value | 107 t€ | -124 t€ | -147 t€ | -133 t€ | -159 t€ | -141 t€ |
| Other operating expenses | 453 t€ | -438 t€ | -445 t€ | -512 t€ | -480 t€ | -592 t€ |
| Operating profit (loss) | -153 t€ | 176 t€ | 219 t€ | 404 t€ | 205 t€ | -39 t€ |
| Financial income and expenses + (-) | -3 786 € | 6 143 € | 13 € | 14 € | -85 t€ | -12 t€ |
| Profit (loss) before appropriations and taxes | -149 t€ | 182 t€ | 219 t€ | 404 t€ | 120 t€ | -51 t€ |
| Income taxes | -70 € | -37 t€ | -44 t€ | -78 t€ | -21 t€ | -2 850 € |
| Profit (loss) for the financial year | -149 t€ | 146 t€ | 175 t€ | 326 t€ | 99 t€ | -54 t€ |
Balance sheet
| 31.10.2025 | 31.10.2024 | 31.10.2023 | 31.10.2022 | 31.10.2021 | 31.10.2020 | |
|---|---|---|---|---|---|---|
| Non-current assets | 210 t€ | 266 t€ | 388 t€ | 399 t€ | 532 t€ | 561 t€ |
| Receivables | 83 t€ | 179 t€ | 126 t€ | 194 t€ | 249 t€ | 282 t€ |
| Cash in hand and at banks | 55 t€ | 299 t€ | 269 t€ | 416 t€ | 71 t€ | 62 t€ |
| Current assets | 138 t€ | 478 t€ | 394 t€ | 611 t€ | 321 t€ | 344 t€ |
| Assets | 348 t€ | 744 t€ | 782 t€ | 1,0 M€ | 853 t€ | 905 t€ |
| Share capital or other similar capital | 50 t€ | 50 t€ | 50 t€ | 50 t€ | 50 t€ | 50 t€ |
| Capital and reserves | 272 t€ | 621 t€ | 676 t€ | 801 t€ | 675 t€ | 576 t€ |
| Long-term liabilities | – | – | – | – | 0 € | 155 t€ |
| Short-term liabilities | 76 t€ | 123 t€ | 106 t€ | 209 t€ | 178 t€ | 175 t€ |
| Liabilities | 76 t€ | 123 t€ | 106 t€ | 209 t€ | 178 t€ | 330 t€ |
All financial statement items (49)
| 31.10.2025 | 31.10.2024 | 31.10.2023 | 31.10.2022 | 31.10.2021 | 31.10.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 1,2 M€ | 1,9 M€ | 2,0 M€ | 2,3 M€ | 2,1 M€ | 1,5 M€ |
| Other operating income | 29 t€ | 28 t€ | 27 t€ | 30 t€ | 3 888 € | 55 t€ |
| Raw materials and services | 479 t€ | -760 t€ | -835 t€ | -914 t€ | -884 t€ | -618 t€ |
| Personnel expenses | 391 t€ | -446 t€ | -414 t€ | -411 t€ | -388 t€ | -292 t€ |
| Depreciations and reductions in value | 107 t€ | -124 t€ | -147 t€ | -133 t€ | -159 t€ | -141 t€ |
| Other operating expenses | 453 t€ | -438 t€ | -445 t€ | -512 t€ | -480 t€ | -592 t€ |
| Operating profit (loss) | -153 t€ | 176 t€ | 219 t€ | 404 t€ | 205 t€ | -39 t€ |
| Financial income and expenses + (-) | -3 786 € | 6 143 € | 13 € | 14 € | -85 t€ | -12 t€ |
| Profit (loss) before appropriations and taxes | -149 t€ | 182 t€ | 219 t€ | 404 t€ | 120 t€ | -51 t€ |
| Income taxes | -70 € | -37 t€ | -44 t€ | -78 t€ | -21 t€ | -2 850 € |
| Profit (loss) for the financial year | -149 t€ | 146 t€ | 175 t€ | 326 t€ | 99 t€ | -54 t€ |
| Non-current assets | 210 t€ | 266 t€ | 388 t€ | 399 t€ | 532 t€ | 561 t€ |
| Receivables | 83 t€ | 179 t€ | 126 t€ | 194 t€ | 249 t€ | 282 t€ |
| Cash in hand and at banks | 55 t€ | 299 t€ | 269 t€ | 416 t€ | 71 t€ | 62 t€ |
| Current assets | 138 t€ | 478 t€ | 394 t€ | 611 t€ | 321 t€ | 344 t€ |
| Assets | 348 t€ | 744 t€ | 782 t€ | 1,0 M€ | 853 t€ | 905 t€ |
| Share capital or other similar capital | 50 t€ | 50 t€ | 50 t€ | 50 t€ | 50 t€ | 50 t€ |
| Capital and reserves | 272 t€ | 621 t€ | 676 t€ | 801 t€ | 675 t€ | 576 t€ |
| Long-term liabilities | – | – | – | – | 0 € | 155 t€ |
| Short-term liabilities | 76 t€ | 123 t€ | 106 t€ | 209 t€ | 178 t€ | 175 t€ |
| Liabilities | 76 t€ | 123 t€ | 106 t€ | 209 t€ | 178 t€ | 330 t€ |
| Other current liabilities | 39 t€ | 73 t€ | 72 t€ | 88 t€ | 107 t€ | 135 t€ |
| Long-term receivables | 48 t€ | 48 t€ | 48 t€ | 48 t€ | 48 t€ | 210 t€ |
| Investments | 51 t€ | 0 € | – | – | 0 € | 30 t€ |
| Short-term sales receivables | 15 t€ | 57 t€ | 59 t€ | 113 t€ | 150 t€ | 68 t€ |
| Other long-term liabilities | – | – | – | – | 0 € | 155 t€ |
| Other long-term receivables | 48 t€ | 48 t€ | 48 t€ | 48 t€ | 48 t€ | 143 t€ |
| Other social security expenses | 18 t€ | -18 t€ | -17 t€ | -15 t€ | -6 627 € | -11 t€ |
| Retained earnings | 371 t€ | 426 t€ | 451 t€ | 425 t€ | 526 t€ | 580 t€ |
| Other shares and similar rights of ownership | 51 t€ | 0 € | – | – | 0 € | 30 t€ |
| Long-term loan receivables | – | – | – | – | 0 € | 67 t€ |
| Purchases during the financial year | 28 t€ | -50 t€ | -105 t€ | -76 t€ | -76 t€ | -19 t€ |
| Short-term accounts payable | 22 t€ | 32 t€ | 13 t€ | 23 t€ | 60 t€ | 30 t€ |
| Pension expenses | 55 t€ | -64 t€ | -57 t€ | -62 t€ | -56 t€ | -35 t€ |
| Other short-term receivables | 0 € | 3 316 € | 3 316 € | 0 € | 7 105 € | -95 t€ |
| Services purchased | 450 t€ | -710 t€ | -730 t€ | -837 t€ | -808 t€ | -599 t€ |
| Tangible assets | 159 t€ | 212 t€ | 280 t€ | 238 t€ | 317 t€ | 262 t€ |
| Profit (loss) for the period, equity | -149 t€ | 146 t€ | 175 t€ | 326 t€ | 99 t€ | -54 t€ |
| Other intangible assets | 0 € | 54 t€ | 108 t€ | 161 t€ | 215 t€ | 269 t€ |
| Intangible assets | 0 € | 54 t€ | 108 t€ | 161 t€ | 215 t€ | 269 t€ |
| Interest expenses and other financial expenses for non-Group companies | – | – | 0 € | -5 € | -85 t€ | -12 t€ |
| Machinery and equipment | 159 t€ | 212 t€ | 280 t€ | 238 t€ | 317 t€ | 262 t€ |
| Other interest and financial income from non-group companies | 3 786 € | 6 143 € | 13 € | 19 € | 208 € | 0 € |
| Wages and salaries | 318 t€ | -365 t€ | -340 t€ | -335 t€ | -326 t€ | -246 t€ |
| Depreciations according to plan | 107 t€ | -124 t€ | -147 t€ | -133 t€ | -159 t€ | -141 t€ |
| Short-term prepayments and accrued income | 20 t€ | 71 t€ | 15 t€ | 34 t€ | 45 t€ | 99 t€ |
| Liabilities | 348 t€ | 744 t€ | 782 t€ | 1,0 M€ | 853 t€ | 905 t€ |
| Short-term accrued expenses and deferred income | 15 t€ | 18 t€ | 22 t€ | 98 t€ | 11 t€ | 11 t€ |
| Short-term receivables | 35 t€ | 131 t€ | 78 t€ | 147 t€ | 202 t€ | 72 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
Measured by taxable income, k-Space Oy is in the top 10 % of the industry class other human health activities n.e.c. (1447 companies with taxable income; median 18 t€, 10 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.
Sales to public buyers
Largest buyers
Trade Register events
- Change of CEO
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