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Petäjälammen Herkku Oy

Limited company, Kuusamo. Manufacture of bread; manufacture of fresh pastry goods and cakes.

Petäjälammen Herkku Oy is a limited company based in Kuusamo, registered in 2012. In the financial year ending 31.5.2025, revenue was 726 t€ and operating profit 30 t€; equity ratio 47.1 %. Its taxable income in 2024 was 39 t€ and its income taxes 7 715 €. Public buyers bought 402 € from it in 2023–2024; the largest buyer is Ikäihmisten Palvelut (Pohjois-Pohjanmaan hyvinvointialue).

Revenue 2025726 t€-3 % on the previous year
Operating profit30 t€4,1 % of revenue
Net profit17 t€EBITDA 74 t€
Equity ratio47,1 %quick ratio 0,67
Taxable income 202439 t€ upper half of its industry
Income taxes 20247 715 €85 t€ in 2020–2024
In business14 yrsregistered 5.4.2012
Sales to public buyers402 €2023–2024

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Financials

749 t€726 t€726 t€42 t€30 t€30 t€17 t€2024-052025-05
RevenueOperating profitNet profit
Key figures31.5.202531.5.2024
Revenue726 t€749 t€
Revenue change-3,1 %–
EBITDA74 t€60 t€
EBITDA %10,2 %8,0 %
Operating profit30 t€42 t€
Operating margin4,1 %5,6 %
Net profit17 t€30 t€
Personnel costs329 t€306 t€
Equity ratio47,1 %53,2 %
Quick ratio0,671,33
Current ratio0,941,46
Debt to revenue37,3 %28,6 %
Return on equity6,9 %12,4 %
Balance sheet total512 t€458 t€
Equity241 t€244 t€
Cash and bank51 t€124 t€

Balance sheet

458 t€512 t€512 t€244 t€241 t€124 t€51 t€2024-052025-05
Balance sheet totalEquityCash
Income statement and balance sheet

Income statement

31.5.202531.5.2024
Turnover726 t€749 t€
Other operating income52 t€52 t€
Raw materials and services-215 t€-260 t€
Personnel expenses-329 t€-306 t€
Depreciations and reductions in value-44 t€-18 t€
Other operating expenses-160 t€-175 t€
Operating profit (loss)30 t€42 t€
Financial income and expenses + (-)-9 892 €-3 173 €
Profit (loss) before appropriations and taxes20 t€39 t€
Income taxes-3 368 €-8 367 €
Profit (loss) for the financial year17 t€30 t€

Balance sheet

31.5.202531.5.2024
Non-current assets379 t€275 t€
Stocks38 t€16 t€
Receivables44 t€43 t€
Cash in hand and at banks51 t€124 t€
Current assets133 t€184 t€
Assets512 t€458 t€
Share capital or other similar capital2 500 €2 500 €
Capital and reserves241 t€244 t€
Long-term liabilities130 t€88 t€
Short-term liabilities141 t€126 t€
Liabilities271 t€214 t€
All financial statement items (51)
31.5.202531.5.2024
Turnover726 t€749 t€
Other operating income52 t€52 t€
Raw materials and services-215 t€-260 t€
Personnel expenses-329 t€-306 t€
Depreciations and reductions in value-44 t€-18 t€
Other operating expenses-160 t€-175 t€
Operating profit (loss)30 t€42 t€
Financial income and expenses + (-)-9 892 €-3 173 €
Profit (loss) before appropriations and taxes20 t€39 t€
Income taxes-3 368 €-8 367 €
Profit (loss) for the financial year17 t€30 t€
Non-current assets379 t€275 t€
Stocks38 t€16 t€
Receivables44 t€43 t€
Cash in hand and at banks51 t€124 t€
Current assets133 t€184 t€
Assets512 t€458 t€
Share capital or other similar capital2 500 €2 500 €
Capital and reserves241 t€244 t€
Long-term liabilities130 t€88 t€
Short-term liabilities141 t€126 t€
Liabilities271 t€214 t€
Short-term accounts payable29 t€46 t€
Short-term prepayments and accrued income12 t€17 t€
Depreciations according to plan-44 t€-18 t€
Short-term liabilities to credit institutions28 t€12 t€
Land and water areas, Owned48 t€46 t€
Other tangible assets66 t€0 €
Long-term receivables1 300 €1 300 €
Retained earnings222 t€211 t€
Liabilities512 t€458 t€
Other interest and financial income from non-group companies173 €121 €
Short-term receivables43 t€42 t€
Short-term accrued expenses and deferred income70 t€57 t€
Purchases during the financial year-237 t€-251 t€
Short-term sales receivables27 t€19 t€
Inventory increase (+) or decrease (-)21 t€12 t€
Pension expenses-52 t€-50 t€
Services purchased0 €-21 t€
Machinery and equipment14 t€24 t€
Long-term liabilities to credit institutions130 t€88 t€
Other long-term receivables1 300 €1 300 €
Other current liabilities14 t€11 t€
Tangible assets379 t€275 t€
Other social security expenses-11 t€-12 t€
Buildings and structures, Owned252 t€205 t€
Wages and salaries-266 t€-244 t€
Other short-term receivables3 463 €6 174 €
Profit (loss) for the period, equity17 t€30 t€
Materials and supplies38 t€16 t€
Interest expenses and other financial expenses for non-Group companies-10 t€-3 294 €

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

26 t€166 t€106 t€81 t€39 t€39 t€20202021202220232024

Measured by taxable income, Petäjälammen Herkku Oy is in the upper half of the industry class manufacture of bread; manufacture of fresh pastry goods and cakes (159 companies with taxable income; median 28 t€).

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

211 €191 €191 €20232024

Largest buyers

  • Ikäihmisten Palvelut Pohjois-Pohjanmaan hyvinvointialue285 €
  • Pelastustoimi Pohjois-Pohjanmaan hyvinvointialue73 €
  • Vammaispalvelut Pohjois-Pohjanmaan hyvinvointialue44 €
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