NK-Con Oy is a limited company based in Vaasa, registered in 2012. In the financial year ending 31.12.2025, revenue was 802 t€ and operating profit 91 t€; equity ratio 72.5 %. Its taxable income in 2024 was 99 t€ and its income taxes 20 t€.
Financials
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 |
|---|---|---|---|---|
| Revenue | 802 t€ | 652 t€ | 644 t€ | 305 t€ |
| Revenue change | 22,9 % | 1,3 % | 110,8 % | – |
| EBITDA | 52 t€ | 118 t€ | 106 t€ | 62 t€ |
| EBITDA % | 6,5 % | 18,0 % | 16,5 % | 20,3 % |
| Operating profit | 91 t€ | 101 t€ | 89 t€ | 55 t€ |
| Operating margin | 11,3 % | 15,5 % | 13,9 % | 18,0 % |
| Net profit | 72 t€ | 77 t€ | 67 t€ | 42 t€ |
| Personnel costs | -362 t€ | 263 t€ | 273 t€ | 101 t€ |
| Equity ratio | 72,5 % | 77,8 % | 52,9 % | 50,4 % |
| Quick ratio | 1,50 | 1,48 | 0,53 | 1,93 |
| Current ratio | 1,50 | 1,48 | 0,53 | 1,93 |
| Debt to revenue | 15,0 % | 11,7 % | 28,5 % | 48,5 % |
| Return on equity | 22,6 % | 28,9 % | 32,6 % | 27,8 % |
| Balance sheet total | 437 t€ | 342 t€ | 389 t€ | 299 t€ |
| Equity | 317 t€ | 266 t€ | 206 t€ | 150 t€ |
| Cash and bank | 85 t€ | 72 t€ | 39 t€ | 43 t€ |
Balance sheet
Income statement and balance sheet
Income statement
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|---|
| Turnover | 802 t€ | 652 t€ | 644 t€ | 305 t€ |
| Other operating income | 12 t€ | 12 t€ | 3 887 € | 49 t€ |
| Raw materials and services | 153 t€ | -157 t€ | -117 t€ | -84 t€ |
| Personnel expenses | 362 t€ | -263 t€ | -273 t€ | -101 t€ |
| Depreciations and reductions in value | 39 t€ | -17 t€ | -17 t€ | -7 112 € |
| Other operating expenses | 170 t€ | -127 t€ | -151 t€ | -107 t€ |
| Operating profit (loss) | 91 t€ | 101 t€ | 89 t€ | 55 t€ |
| Financial income and expenses + (-) | 151 € | -4 223 € | -4 391 € | -2 986 € |
| Profit (loss) before appropriations and taxes | 90 t€ | 97 t€ | 85 t€ | 52 t€ |
| Income taxes | 19 t€ | -20 t€ | -18 t€ | -10 t€ |
| Profit (loss) for the financial year | 72 t€ | 77 t€ | 67 t€ | 42 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|---|
| Non-current assets | 296 t€ | 230 t€ | 326 t€ | 175 t€ |
| Receivables | 56 t€ | 40 t€ | 23 t€ | 81 t€ |
| Cash in hand and at banks | 85 t€ | 72 t€ | 39 t€ | 43 t€ |
| Current assets | 141 t€ | 112 t€ | 62 t€ | 124 t€ |
| Assets | 437 t€ | 342 t€ | 389 t€ | 299 t€ |
| Share capital or other similar capital | 10 t€ | 10 t€ | 10 t€ | 10 t€ |
| Capital and reserves | 317 t€ | 266 t€ | 206 t€ | 150 t€ |
| Long-term liabilities | 26 t€ | 0 € | 67 t€ | 84 t€ |
| Short-term liabilities | 94 t€ | 76 t€ | 117 t€ | 64 t€ |
| Liabilities | 120 t€ | 76 t€ | 183 t€ | 148 t€ |
All financial statement items (45)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|---|
| Turnover | 802 t€ | 652 t€ | 644 t€ | 305 t€ |
| Other operating income | 12 t€ | 12 t€ | 3 887 € | 49 t€ |
| Raw materials and services | 153 t€ | -157 t€ | -117 t€ | -84 t€ |
| Personnel expenses | 362 t€ | -263 t€ | -273 t€ | -101 t€ |
| Depreciations and reductions in value | 39 t€ | -17 t€ | -17 t€ | -7 112 € |
| Other operating expenses | 170 t€ | -127 t€ | -151 t€ | -107 t€ |
| Operating profit (loss) | 91 t€ | 101 t€ | 89 t€ | 55 t€ |
| Financial income and expenses + (-) | 151 € | -4 223 € | -4 391 € | -2 986 € |
| Profit (loss) before appropriations and taxes | 90 t€ | 97 t€ | 85 t€ | 52 t€ |
| Income taxes | 19 t€ | -20 t€ | -18 t€ | -10 t€ |
| Profit (loss) for the financial year | 72 t€ | 77 t€ | 67 t€ | 42 t€ |
| Non-current assets | 296 t€ | 230 t€ | 326 t€ | 175 t€ |
| Receivables | 56 t€ | 40 t€ | 23 t€ | 81 t€ |
| Cash in hand and at banks | 85 t€ | 72 t€ | 39 t€ | 43 t€ |
| Current assets | 141 t€ | 112 t€ | 62 t€ | 124 t€ |
| Assets | 437 t€ | 342 t€ | 389 t€ | 299 t€ |
| Share capital or other similar capital | 10 t€ | 10 t€ | 10 t€ | 10 t€ |
| Capital and reserves | 317 t€ | 266 t€ | 206 t€ | 150 t€ |
| Long-term liabilities | 26 t€ | 0 € | 67 t€ | 84 t€ |
| Short-term liabilities | 94 t€ | 76 t€ | 117 t€ | 64 t€ |
| Liabilities | 120 t€ | 76 t€ | 183 t€ | 148 t€ |
| Purchases during the financial year | 145 t€ | -155 t€ | -117 t€ | -69 t€ |
| Depreciations according to plan | 39 t€ | -17 t€ | -17 t€ | -7 112 € |
| Pension expenses | 43 t€ | -34 t€ | -32 t€ | -12 t€ |
| Short-term sales receivables | 48 t€ | 34 t€ | 23 t€ | 77 t€ |
| Tangible assets | 116 t€ | 50 t€ | 51 t€ | 21 t€ |
| Wages and salaries | 309 t€ | -225 t€ | -234 t€ | -87 t€ |
| Other short-term receivables | 2 250 € | 7 € | 1 € | 1 319 € |
| Other shares and similar rights of ownership | 180 t€ | 180 t€ | 276 t€ | 153 t€ |
| Profit (loss) for the period, equity | 72 t€ | 77 t€ | 67 t€ | 42 t€ |
| Other social security expenses | 9 278 € | -3 712 € | -6 500 € | -2 530 € |
| Short-term liabilities to credit institutions | – | 0 € | 18 t€ | 18 t€ |
| Short-term accounts payable | 45 t€ | 29 t€ | 11 t€ | 5 646 € |
| Machinery and equipment | 116 t€ | 50 t€ | 51 t€ | 21 t€ |
| Other interest and financial income from non-group companies | 69 € | 1 € | 1 € | 6 € |
| Liabilities | 437 t€ | 342 t€ | 389 t€ | 299 t€ |
| Services purchased | 7 960 € | -2 279 € | -487 € | -15 t€ |
| Short-term prepayments and accrued income | 5 339 € | 6 431 € | 349 € | 2 590 € |
| Retained earnings | 235 t€ | 179 t€ | 128 t€ | 99 t€ |
| Short-term accrued expenses and deferred income | 23 t€ | 17 t€ | 20 t€ | 15 t€ |
| Investments | 180 t€ | 180 t€ | 276 t€ | 153 t€ |
| Long-term liabilities to credit institutions | 26 t€ | 0 € | 67 t€ | 84 t€ |
| Short-term receivables | 56 t€ | 40 t€ | 23 t€ | 81 t€ |
| Other current liabilities | 26 t€ | 30 t€ | 67 t€ | 26 t€ |
| Interest expenses and other financial expenses for non-Group companies | 220 € | -4 224 € | -4 392 € | -2 993 € |
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, NK-Con Oy is in the top quarter of the industry class repair and maintenance of general-purpose machinery (206 companies with taxable income; median 29 t€, 3,4 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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