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Codetag Oy

Limited company. Computer programming activities.

Codetag Oy is a limited company based in Kaustinen, registered in 2012. In the financial year ending 31.12.2025, revenue was 390 t€ and operating profit 4 806 €; equity ratio 23.0 %.

Revenue 2025390 t€-7 % on the previous year
Operating profit4 806 €1,2 % of revenue
Net profit2 550 €EBITDA -21 t€
Equity ratio23,0 %quick ratio 7,13
Taxable income 20240 € profit as taxed
Income taxes 20240 €18 t€ in 2020–2024
In business14 yrsregistered 28.3.2012

Financials

428 t€421 t€390 t€390 t€6 835 €5 581 €4 806 €4 984 €3 049 €2 550 €202320242025
RevenueOperating profitNet profit
Key figures31.12.202531.12.202431.12.2023
Revenue390 t€421 t€428 t€
Revenue change-7,2 %-1,6 %–
EBITDA-21 t€31 t€32 t€
EBITDA %-5,3 %7,3 %7,6 %
Operating profit4 806 €5 581 €6 835 €
Operating margin1,2 %1,3 %1,6 %
Net profit2 550 €3 049 €4 984 €
Personnel costs-244 t€271 t€251 t€
Equity ratio23,0 %23,8 %23,3 %
Quick ratio7,137,497,34
Current ratio7,137,497,34
Debt to revenue67,3 %62,9 %61,2 %
Return on equity3,2 %3,7 %6,3 %
Balance sheet total341 t€347 t€341 t€
Equity79 t€83 t€80 t€
Cash and bank78 t€108 t€83 t€

Balance sheet

341 t€347 t€341 t€341 t€80 t€83 t€79 t€83 t€108 t€78 t€202320242025
Balance sheet totalEquityCash
Income statement and balance sheet

Income statement

31.12.202531.12.202431.12.2023
Turnover390 t€421 t€428 t€
Other operating income0 €7 290 €0 €
Raw materials and services62 t€-77 t€-96 t€
Personnel expenses244 t€-271 t€-251 t€
Depreciations and reductions in value26 t€-25 t€-26 t€
Other operating expenses54 t€-50 t€-48 t€
Operating profit (loss)4 806 €5 581 €6 835 €
Financial income and expenses + (-)2 256 €-2 532 €-1 851 €
Profit (loss) before appropriations and taxes2 550 €3 049 €4 984 €
Profit (loss) for the financial year2 550 €3 049 €4 984 €

Balance sheet

31.12.202531.12.202431.12.2023
Non-current assets74 t€53 t€75 t€
Receivables30 t€27 t€43 t€
Cash in hand and at banks78 t€108 t€83 t€
Current assets268 t€295 t€266 t€
Assets341 t€347 t€341 t€
Share capital or other similar capital3 360 €3 360 €3 360 €
Capital and reserves79 t€83 t€80 t€
Long-term liabilities225 t€225 t€225 t€
Short-term liabilities38 t€39 t€36 t€
Liabilities263 t€265 t€262 t€
All financial statement items (51)
31.12.202531.12.202431.12.2023
Turnover390 t€421 t€428 t€
Other operating income0 €7 290 €0 €
Raw materials and services62 t€-77 t€-96 t€
Personnel expenses244 t€-271 t€-251 t€
Depreciations and reductions in value26 t€-25 t€-26 t€
Other operating expenses54 t€-50 t€-48 t€
Operating profit (loss)4 806 €5 581 €6 835 €
Financial income and expenses + (-)2 256 €-2 532 €-1 851 €
Profit (loss) before appropriations and taxes2 550 €3 049 €4 984 €
Profit (loss) for the financial year2 550 €3 049 €4 984 €
Non-current assets74 t€53 t€75 t€
Receivables30 t€27 t€43 t€
Cash in hand and at banks78 t€108 t€83 t€
Current assets268 t€295 t€266 t€
Assets341 t€347 t€341 t€
Share capital or other similar capital3 360 €3 360 €3 360 €
Capital and reserves79 t€83 t€80 t€
Long-term liabilities225 t€225 t€225 t€
Short-term liabilities38 t€39 t€36 t€
Liabilities263 t€265 t€262 t€
Other current liabilities14 t€12 t€13 t€
Investments31 t€1 000 €0 €
Short-term sales receivables26 t€23 t€39 t€
Retained earnings46 t€49 t€44 t€
Advance payments and construction in progress18 t€1 000 €0 €
Other social security expenses5 328 €-4 414 €-4 741 €
Current receivables from Group companies0 €370 €0 €
Purchases during the financial year3 223 €-5 738 €-4 197 €
Short-term accounts payable7 319 €8 991 €11 t€
Pension expenses35 t€-39 t€-36 t€
Services purchased58 t€-71 t€-92 t€
Other short-term receivables1 983 €3 €0 €
Shares and similar rights of ownership in subsidiaries1 000 €1 000 €0 €
Tangible assets18 t€1 592 €0 €
Profit (loss) for the period, equity2 550 €3 049 €4 984 €
Other shares and holdings160 t€160 t€140 t€
Long-term liabilities to credit institutions225 t€225 t€225 t€
Intangible assets25 t€50 t€75 t€
Interest expenses and other financial expenses for non-Group companies2 256 €-2 535 €-1 851 €
Reserve for invested non-restricted equity27 t€27 t€27 t€
Receivables from Group companies (investments)30 t€0 €–
Machinery and equipment0 €592 €0 €
Other interest and financial income from non-group companies0 €3 €0 €
Shares and holdings160 t€160 t€140 t€
Wages and salaries204 t€-227 t€-210 t€
Depreciations according to plan26 t€-25 t€-26 t€
Short-term prepayments and accrued income2 263 €3 260 €4 144 €
Development expenses25 t€50 t€75 t€
Liabilities341 t€347 t€341 t€
Short-term accrued expenses and deferred income16 t€18 t€12 t€
Short-term receivables30 t€27 t€43 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

82 t€3 902 €0 €0 €0 €0 €20202021202220232024

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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