Vuolas Oy is a limited company based in Kajaani, registered in 2011. In the financial year ending 31.12.2025, operating profit -1 903 €. Public buyers bought 1 353 € from it in 2022–2022; the largest buyer is Työllisyys, kehittämis- ja hallintokeskus (Työ- ja elinkeinoministeriön hallinnonala).
Gross profit 20250 €-100 % on the previous year
Operating profit-1 903 €
Net profit7 172 €EBITDA -1 903 €
Taxable income 20240 €
-100 % on the previous year
Income taxes 20240 €44 t€ in 2021–2024
In business15 yrsregistered 19.8.2011
Sales to public buyers1 353 €2022–2022
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 30.6.2021 | 31.12.2019 |
|---|---|---|---|---|---|---|
| Revenue | – | – | 380 t€ | 1,2 M€ | 1,4 M€ | 835 t€ |
| Revenue change | -100,0 % | -95,6 % | -68,1 % | -16,8 % | 71,9 % | – |
| Gross profit | 0 € | 12 t€ | 271 t€ | – | – | – |
| EBITDA | -1 903 € | 8 056 € | 37 t€ | 164 t€ | 87 t€ | -54 t€ |
| EBITDA % | – | – | 9,7 % | 13,7 % | 6,1 % | -6,5 % |
| Operating profit | -1 903 € | 4 724 € | 34 t€ | 159 t€ | 82 t€ | -59 t€ |
| Operating margin | – | – | 8,8 % | 13,3 % | 5,7 % | -7,1 % |
| Net profit | 7 172 € | 6 337 € | 28 t€ | 133 t€ | 76 t€ | -58 t€ |
| Personnel costs | 0 € | 813 € | 169 t€ | 574 t€ | 878 t€ | 512 t€ |
| Equity ratio | – | – | 94,1 % | 64,8 % | 53,2 % | 41,5 % |
| Quick ratio | – | – | 15,53 | 2,67 | 1,99 | 1,52 |
| Current ratio | – | – | 15,53 | 2,67 | 1,99 | 1,52 |
| Debt to revenue | – | – | 4,4 % | 11,9 % | 10,1 % | 14,8 % |
| Return on equity | – | – | 10,4 % | 50,8 % | 46,5 % | -65,5 % |
| Balance sheet total | 276 t€ | 256 t€ | 287 t€ | 405 t€ | 309 t€ | 213 t€ |
| Equity | – | – | 270 t€ | 262 t€ | 164 t€ | 88 t€ |
| Cash and bank | 71 t€ | 118 t€ | 164 t€ | 124 t€ | 167 t€ | 67 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 30.6.2021 | 31.12.2019 | |
|---|---|---|---|---|---|---|
| Turnover | – | – | 380 t€ | 1,2 M€ | 1,4 M€ | 835 t€ |
| Gross profit or loss | 0 € | 12 t€ | 271 t€ | – | – | – |
| Other operating income | – | – | 52 t€ | 111 t€ | 100 t€ | 334 € |
| Raw materials and services | – | – | -161 t€ | -359 t€ | -353 t€ | -252 t€ |
| Personnel expenses | 0 € | -813 € | -169 t€ | -574 t€ | -878 t€ | -512 t€ |
| Depreciations and reductions in value | 0 € | -3 333 € | -3 332 € | -4 652 € | -5 089 € | -4 943 € |
| Other operating expenses | 1 903 € | -3 044 € | -65 t€ | -207 t€ | -216 t€ | -125 t€ |
| Operating profit (loss) | -1 903 € | 4 724 € | 34 t€ | 159 t€ | 82 t€ | -59 t€ |
| Financial income and expenses + (-) | -9 100 € | 1 613 € | 1 199 € | 8 487 € | -673 € | 2 407 € |
| Profit (loss) before appropriations and taxes | 7 197 € | 6 337 € | 35 t€ | 168 t€ | 82 t€ | -57 t€ |
| Income taxes | – | – | -6 744 € | -34 t€ | -5 087 € | -960 € |
| Profit (loss) for the financial year | 7 172 € | 6 337 € | 28 t€ | 133 t€ | 76 t€ | -58 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 30.6.2021 | 31.12.2019 | |
|---|---|---|---|---|---|---|
| Non-current assets | – | – | 26 t€ | 25 t€ | 21 t€ | 23 t€ |
| Receivables | 44 t€ | 69 t€ | 98 t€ | 255 t€ | 121 t€ | 123 t€ |
| Cash in hand and at banks | 71 t€ | 118 t€ | 164 t€ | 124 t€ | 167 t€ | 67 t€ |
| Current assets | – | – | 262 t€ | 379 t€ | 287 t€ | 190 t€ |
| Assets | 276 t€ | 256 t€ | 287 t€ | 405 t€ | 309 t€ | 213 t€ |
| Share capital or other similar capital | – | – | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | – | – | 270 t€ | 262 t€ | 164 t€ | 88 t€ |
| Short-term liabilities | – | – | 17 t€ | 142 t€ | 144 t€ | 125 t€ |
| Liabilities | – | – | 17 t€ | 142 t€ | 144 t€ | 125 t€ |
All financial statement items (61)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 30.6.2021 | 31.12.2019 | |
|---|---|---|---|---|---|---|
| Turnover | – | – | 380 t€ | 1,2 M€ | 1,4 M€ | 835 t€ |
| Gross profit or loss | 0 € | 12 t€ | 271 t€ | – | – | – |
| Other operating income | – | – | 52 t€ | 111 t€ | 100 t€ | 334 € |
| Raw materials and services | – | – | -161 t€ | -359 t€ | -353 t€ | -252 t€ |
| Personnel expenses | 0 € | -813 € | -169 t€ | -574 t€ | -878 t€ | -512 t€ |
| Depreciations and reductions in value | 0 € | -3 333 € | -3 332 € | -4 652 € | -5 089 € | -4 943 € |
| Other operating expenses | 1 903 € | -3 044 € | -65 t€ | -207 t€ | -216 t€ | -125 t€ |
| Operating profit (loss) | -1 903 € | 4 724 € | 34 t€ | 159 t€ | 82 t€ | -59 t€ |
| Financial income and expenses + (-) | -9 100 € | 1 613 € | 1 199 € | 8 487 € | -673 € | 2 407 € |
| Profit (loss) before appropriations and taxes | 7 197 € | 6 337 € | 35 t€ | 168 t€ | 82 t€ | -57 t€ |
| Income taxes | – | – | -6 744 € | -34 t€ | -5 087 € | -960 € |
| Profit (loss) for the financial year | 7 172 € | 6 337 € | 28 t€ | 133 t€ | 76 t€ | -58 t€ |
| Non-current assets | – | – | 26 t€ | 25 t€ | 21 t€ | 23 t€ |
| Receivables | 44 t€ | 69 t€ | 98 t€ | 255 t€ | 121 t€ | 123 t€ |
| Cash in hand and at banks | 71 t€ | 118 t€ | 164 t€ | 124 t€ | 167 t€ | 67 t€ |
| Current assets | – | – | 262 t€ | 379 t€ | 287 t€ | 190 t€ |
| Assets | 276 t€ | 256 t€ | 287 t€ | 405 t€ | 309 t€ | 213 t€ |
| Share capital or other similar capital | – | – | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | – | – | 270 t€ | 262 t€ | 164 t€ | 88 t€ |
| Short-term liabilities | – | – | 17 t€ | 142 t€ | 144 t€ | 125 t€ |
| Liabilities | – | – | 17 t€ | 142 t€ | 144 t€ | 125 t€ |
| Other current liabilities | – | – | 2 056 € | 37 t€ | 57 t€ | 28 t€ |
| Long-term receivables | – | – | 60 t€ | 134 t€ | 34 t€ | 5 257 € |
| Investments | 162 t€ | 69 t€ | 22 t€ | 15 t€ | 6 204 € | 4 675 € |
| Short-term sales receivables | – | – | 13 t€ | 116 t€ | 74 t€ | 80 t€ |
| Current receivables from participating interests | – | – | 7 521 € | 0 € | – | – |
| Other long-term receivables | – | – | 2 500 € | 6 015 € | 6 257 € | 5 257 € |
| Short-term liabilities to Group companies | – | – | 14 t€ | 14 t€ | 11 t€ | 11 t€ |
| Other social security expenses | – | – | -5 425 € | -13 t€ | -18 t€ | -9 180 € |
| Retained earnings | – | – | 240 t€ | 127 t€ | 85 t€ | 143 t€ |
| Current receivables from Group companies | – | – | – | – | 0 € | 29 t€ |
| Other shares and similar rights of ownership | – | – | 10 t€ | 10 t€ | 0 € | – |
| Long-term loan receivables | – | – | 24 t€ | 28 t€ | 0 € | – |
| Purchases during the financial year | – | – | -138 t€ | -228 t€ | -172 t€ | -188 t€ |
| Short-term accounts payable | – | – | 721 € | 39 t€ | 26 t€ | 22 t€ |
| Pension expenses | – | – | -24 t€ | -81 t€ | -133 t€ | -71 t€ |
| Services purchased | – | – | -23 t€ | -131 t€ | -181 t€ | -65 t€ |
| Other short-term receivables | – | – | 6 886 € | 0 € | 1 275 € | 4 140 € |
| Shares and similar rights of ownership in subsidiaries | – | – | 4 500 € | 4 500 € | 6 204 € | 4 675 € |
| Tangible assets | – | – | 0 € | 3 951 € | 5 271 € | 4 835 € |
| Profit (loss) for the period, equity | – | – | 28 t€ | 133 t€ | 76 t€ | -58 t€ |
| Other intangible assets | – | – | 1 308 € | 2 614 € | 3 921 € | 5 228 € |
| Goodwill | – | – | 2 025 € | 4 050 € | 6 075 € | 8 100 € |
| Short-term advances received | – | – | – | – | 0 € | 1 354 € |
| Intangible assets | – | 0 € | 3 333 € | 6 664 € | 9 996 € | 13 t€ |
| Interest expenses and other financial expenses for non-Group companies | – | – | -123 € | -439 € | -703 € | -279 € |
| Direct taxes | 25 € | 0 € | -6 744 € | – | – | – |
| Short-term loan receivables | – | – | 0 € | 45 € | 179 € | 179 € |
| Machinery and equipment | – | – | 0 € | 3 951 € | 5 271 € | 4 835 € |
| Income from shares in Group companies | – | – | 1 320 € | 10 t€ | 0 € | 3 060 € |
| Other interest and financial income from Group companies | – | – | – | – | 0 € | -486 € |
| Other interest and financial income from non-group companies | – | – | 3 € | 1 € | 30 € | 112 € |
| Long-term receivables from Group companies | – | – | 33 t€ | 100 t€ | 28 t€ | 0 € |
| Wages and salaries | – | – | -140 t€ | -481 t€ | -727 t€ | -432 t€ |
| Depreciations according to plan | – | – | -3 332 € | -4 652 € | -5 089 € | -4 943 € |
| Short-term prepayments and accrued income | – | – | 11 t€ | 5 753 € | 11 t€ | 3 646 € |
| Liabilities | 276 t€ | 256 t€ | 287 t€ | 405 t€ | 309 t€ | 213 t€ |
| Reductions in value of shares and holdings in current assets | – | – | 0 € | -1 275 € | 0 € | – |
| Short-term accrued expenses and deferred income | – | – | 0 € | 52 t€ | 52 t€ | 63 t€ |
| Shares in participating interest company | – | – | 7 530 € | 0 € | – | – |
| Short-term receivables | – | – | 38 t€ | 121 t€ | 87 t€ | 117 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
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
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