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 %.
Financials
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 |
|---|---|---|---|
| Revenue | 390 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 profit | 4 806 € | 5 581 € | 6 835 € |
| Operating margin | 1,2 % | 1,3 % | 1,6 % |
| Net profit | 2 550 € | 3 049 € | 4 984 € |
| Personnel costs | -244 t€ | 271 t€ | 251 t€ |
| Equity ratio | 23,0 % | 23,8 % | 23,3 % |
| Quick ratio | 7,13 | 7,49 | 7,34 |
| Current ratio | 7,13 | 7,49 | 7,34 |
| Debt to revenue | 67,3 % | 62,9 % | 61,2 % |
| Return on equity | 3,2 % | 3,7 % | 6,3 % |
| Balance sheet total | 341 t€ | 347 t€ | 341 t€ |
| Equity | 79 t€ | 83 t€ | 80 t€ |
| Cash and bank | 78 t€ | 108 t€ | 83 t€ |
Balance sheet
Income statement and balance sheet
Income statement
| 31.12.2025 | 31.12.2024 | 31.12.2023 | |
|---|---|---|---|
| Turnover | 390 t€ | 421 t€ | 428 t€ |
| Other operating income | 0 € | 7 290 € | 0 € |
| Raw materials and services | 62 t€ | -77 t€ | -96 t€ |
| Personnel expenses | 244 t€ | -271 t€ | -251 t€ |
| Depreciations and reductions in value | 26 t€ | -25 t€ | -26 t€ |
| Other operating expenses | 54 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 taxes | 2 550 € | 3 049 € | 4 984 € |
| Profit (loss) for the financial year | 2 550 € | 3 049 € | 4 984 € |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | |
|---|---|---|---|
| Non-current assets | 74 t€ | 53 t€ | 75 t€ |
| Receivables | 30 t€ | 27 t€ | 43 t€ |
| Cash in hand and at banks | 78 t€ | 108 t€ | 83 t€ |
| Current assets | 268 t€ | 295 t€ | 266 t€ |
| Assets | 341 t€ | 347 t€ | 341 t€ |
| Share capital or other similar capital | 3 360 € | 3 360 € | 3 360 € |
| Capital and reserves | 79 t€ | 83 t€ | 80 t€ |
| Long-term liabilities | 225 t€ | 225 t€ | 225 t€ |
| Short-term liabilities | 38 t€ | 39 t€ | 36 t€ |
| Liabilities | 263 t€ | 265 t€ | 262 t€ |
All financial statement items (51)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | |
|---|---|---|---|
| Turnover | 390 t€ | 421 t€ | 428 t€ |
| Other operating income | 0 € | 7 290 € | 0 € |
| Raw materials and services | 62 t€ | -77 t€ | -96 t€ |
| Personnel expenses | 244 t€ | -271 t€ | -251 t€ |
| Depreciations and reductions in value | 26 t€ | -25 t€ | -26 t€ |
| Other operating expenses | 54 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 taxes | 2 550 € | 3 049 € | 4 984 € |
| Profit (loss) for the financial year | 2 550 € | 3 049 € | 4 984 € |
| Non-current assets | 74 t€ | 53 t€ | 75 t€ |
| Receivables | 30 t€ | 27 t€ | 43 t€ |
| Cash in hand and at banks | 78 t€ | 108 t€ | 83 t€ |
| Current assets | 268 t€ | 295 t€ | 266 t€ |
| Assets | 341 t€ | 347 t€ | 341 t€ |
| Share capital or other similar capital | 3 360 € | 3 360 € | 3 360 € |
| Capital and reserves | 79 t€ | 83 t€ | 80 t€ |
| Long-term liabilities | 225 t€ | 225 t€ | 225 t€ |
| Short-term liabilities | 38 t€ | 39 t€ | 36 t€ |
| Liabilities | 263 t€ | 265 t€ | 262 t€ |
| Other current liabilities | 14 t€ | 12 t€ | 13 t€ |
| Investments | 31 t€ | 1 000 € | 0 € |
| Short-term sales receivables | 26 t€ | 23 t€ | 39 t€ |
| Retained earnings | 46 t€ | 49 t€ | 44 t€ |
| Advance payments and construction in progress | 18 t€ | 1 000 € | 0 € |
| Other social security expenses | 5 328 € | -4 414 € | -4 741 € |
| Current receivables from Group companies | 0 € | 370 € | 0 € |
| Purchases during the financial year | 3 223 € | -5 738 € | -4 197 € |
| Short-term accounts payable | 7 319 € | 8 991 € | 11 t€ |
| Pension expenses | 35 t€ | -39 t€ | -36 t€ |
| Services purchased | 58 t€ | -71 t€ | -92 t€ |
| Other short-term receivables | 1 983 € | 3 € | 0 € |
| Shares and similar rights of ownership in subsidiaries | 1 000 € | 1 000 € | 0 € |
| Tangible assets | 18 t€ | 1 592 € | 0 € |
| Profit (loss) for the period, equity | 2 550 € | 3 049 € | 4 984 € |
| Other shares and holdings | 160 t€ | 160 t€ | 140 t€ |
| Long-term liabilities to credit institutions | 225 t€ | 225 t€ | 225 t€ |
| Intangible assets | 25 t€ | 50 t€ | 75 t€ |
| Interest expenses and other financial expenses for non-Group companies | 2 256 € | -2 535 € | -1 851 € |
| Reserve for invested non-restricted equity | 27 t€ | 27 t€ | 27 t€ |
| Receivables from Group companies (investments) | 30 t€ | 0 € | – |
| Machinery and equipment | 0 € | 592 € | 0 € |
| Other interest and financial income from non-group companies | 0 € | 3 € | 0 € |
| Shares and holdings | 160 t€ | 160 t€ | 140 t€ |
| Wages and salaries | 204 t€ | -227 t€ | -210 t€ |
| Depreciations according to plan | 26 t€ | -25 t€ | -26 t€ |
| Short-term prepayments and accrued income | 2 263 € | 3 260 € | 4 144 € |
| Development expenses | 25 t€ | 50 t€ | 75 t€ |
| Liabilities | 341 t€ | 347 t€ | 341 t€ |
| Short-term accrued expenses and deferred income | 16 t€ | 18 t€ | 12 t€ |
| Short-term receivables | 30 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
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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