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Hyrinä Oy

Limited company, Vesanto. Research and experimental development on natural sciences and engineering.

Hyrinä Oy is a limited company based in Vesanto, registered in 2012. In the financial year ending 31.12.2025, revenue was 114 t€ and operating profit 34 t€; equity ratio 70.3 %. Its taxable income in 2024 was 8 849 € and its income taxes 1 770 €. Latest Trade Register entry: line of business changed, 27.10.2025.

Revenue 2025114 t€+6 % on the previous year
Operating profit34 t€29,6 % of revenue
Net profit27 t€EBITDA 32 t€
Equity ratio70,3 %quick ratio 3,28
Taxable income 20248 849 € lower half of its industry
Income taxes 20241 770 €12 t€ in 2020–2024
In business14 yrsregistered 5.7.2012
Trade Register1entries, latest: line of business changed

Financials

2 280 €47 t€110 t€117 t€108 t€114 t€114 t€-1 443 €9 940 €15 t€24 t€8 849 €34 t€-1 466 €7 834 €12 t€19 t€7 005 €27 t€202020212022202320242025
RevenueOperating profitNet profit
Key figures31.12.202531.12.202431.12.202331.12.202231.12.202131.12.2020
Revenue114 t€108 t€117 t€110 t€47 t€2 280 €
Revenue change5,5 %-7,7 %6,1 %136,0 %1952,3 %–
EBITDA32 t€11 t€25 t€16 t€11 t€-1 155 €
EBITDA %28,2 %9,7 %21,6 %14,1 %23,1 %-50,6 %
Operating profit34 t€8 849 €24 t€15 t€9 940 €-1 443 €
Operating margin29,6 %8,2 %20,2 %13,4 %21,2 %-63,3 %
Net profit27 t€7 005 €19 t€12 t€7 834 €-1 466 €
Personnel costs-48 t€66 t€55 t€51 t€15 t€0 €
Equity ratio70,3 %79,4 %59,4 %52,7 %27,7 %43,0 %
Quick ratio3,284,482,241,961,381,55
Current ratio3,284,482,241,961,381,55
Debt to revenue24,6 %10,3 %22,8 %17,8 %61,5 %187,7 %
Return on equity40,6 %16,3 %48,3 %53,6 %70,8 %-45,5 %
Balance sheet total95 t€54 t€66 t€42 t€40 t€7 504 €
Equity67 t€43 t€39 t€22 t€11 t€3 224 €
Cash and bank50 t€36 t€23 t€17 t€19 t€877 €

Balance sheet

7 504 €40 t€42 t€66 t€54 t€95 t€95 t€3 224 €11 t€22 t€39 t€43 t€67 t€877 €19 t€17 t€23 t€36 t€50 t€202020212022202320242025
Balance sheet totalEquityCash
Income statement and balance sheet

Income statement

31.12.202531.12.202431.12.202331.12.202231.12.202131.12.2020
Turnover114 t€108 t€117 t€110 t€47 t€2 280 €
Other operating income0 €1 258 €9 230 €1 946 €––
Raw materials and services13 t€-14 t€-24 t€-18 t€-3 747 €0 €
Personnel expenses48 t€-66 t€-55 t€-51 t€-15 t€0 €
Depreciations and reductions in value1 671 €-1 671 €-1 671 €-768 €-865 €-288 €
Other operating expenses18 t€-19 t€-22 t€-26 t€-17 t€-3 435 €
Operating profit (loss)34 t€8 849 €24 t€15 t€9 940 €-1 443 €
Financial income and expenses + (-)16 €-75 €-71 €-97 €-44 €-24 €
Profit (loss) before appropriations and taxes34 t€8 775 €24 t€15 t€9 896 €-1 466 €
Income taxes6 765 €-1 770 €-4 729 €-2 988 €-2 062 €0 €
Profit (loss) for the financial year27 t€7 005 €19 t€12 t€7 834 €-1 466 €

Balance sheet

31.12.202531.12.202431.12.202331.12.202231.12.202131.12.2020
Non-current assets2 574 €4 246 €5 917 €3 073 €0 €865 €
Receivables42 t€14 t€37 t€21 t€20 t€5 763 €
Cash in hand and at banks50 t€36 t€23 t€17 t€19 t€877 €
Current assets92 t€50 t€60 t€39 t€40 t€6 639 €
Assets95 t€54 t€66 t€42 t€40 t€7 504 €
Share capital or other similar capital2 500 €2 500 €2 500 €2 500 €2 500 €2 500 €
Capital and reserves67 t€43 t€39 t€22 t€11 t€3 224 €
Short-term liabilities28 t€11 t€27 t€20 t€29 t€4 280 €
Liabilities28 t€11 t€27 t€20 t€29 t€4 280 €
All financial statement items (42)
31.12.202531.12.202431.12.202331.12.202231.12.202131.12.2020
Turnover114 t€108 t€117 t€110 t€47 t€2 280 €
Other operating income0 €1 258 €9 230 €1 946 €––
Raw materials and services13 t€-14 t€-24 t€-18 t€-3 747 €0 €
Personnel expenses48 t€-66 t€-55 t€-51 t€-15 t€0 €
Depreciations and reductions in value1 671 €-1 671 €-1 671 €-768 €-865 €-288 €
Other operating expenses18 t€-19 t€-22 t€-26 t€-17 t€-3 435 €
Operating profit (loss)34 t€8 849 €24 t€15 t€9 940 €-1 443 €
Financial income and expenses + (-)16 €-75 €-71 €-97 €-44 €-24 €
Profit (loss) before appropriations and taxes34 t€8 775 €24 t€15 t€9 896 €-1 466 €
Income taxes6 765 €-1 770 €-4 729 €-2 988 €-2 062 €0 €
Profit (loss) for the financial year27 t€7 005 €19 t€12 t€7 834 €-1 466 €
Non-current assets2 574 €4 246 €5 917 €3 073 €0 €865 €
Receivables42 t€14 t€37 t€21 t€20 t€5 763 €
Cash in hand and at banks50 t€36 t€23 t€17 t€19 t€877 €
Current assets92 t€50 t€60 t€39 t€40 t€6 639 €
Assets95 t€54 t€66 t€42 t€40 t€7 504 €
Share capital or other similar capital2 500 €2 500 €2 500 €2 500 €2 500 €2 500 €
Capital and reserves67 t€43 t€39 t€22 t€11 t€3 224 €
Short-term liabilities28 t€11 t€27 t€20 t€29 t€4 280 €
Liabilities28 t€11 t€27 t€20 t€29 t€4 280 €
Other social security expenses1 264 €-732 €-1 212 €-1 074 €-286 €0 €
Short-term accrued expenses and deferred income11 t€800 €11 t€5 051 €4 441 €0 €
Tangible assets––––0 €865 €
Pension expenses5 318 €-3 116 €-5 531 €-5 289 €-1 032 €0 €
Liabilities95 t€54 t€66 t€42 t€40 t€7 504 €
Machinery and equipment––––0 €865 €
Short-term loan receivables––––0 €300 €
Services purchased0 €-138 €-2 197 €-2 742 €0 €–
Wages and salaries41 t€-62 t€-48 t€-45 t€-14 t€0 €
Intangible assets2 574 €4 246 €5 917 €3 073 €0 €–
Other short-term receivables1 194 €99 €105 €2 412 €2 029 €3 €
Short-term prepayments and accrued income27 €1 663 €4 000 €0 €––
Purchases during the financial year13 t€-14 t€-22 t€-15 t€-3 747 €0 €
Short-term sales receivables41 t€12 t€33 t€19 t€18 t€5 460 €
Profit (loss) for the period, equity27 t€7 005 €19 t€12 t€7 834 €-1 466 €
Other current liabilities13 t€8 532 €11 t€10 t€19 t€4 280 €
Interest expenses and other financial expenses for non-Group companies16 €-75 €-71 €-97 €-44 €-24 €
Retained earnings37 t€33 t€18 t€7 673 €724 €2 190 €
Other intangible assets2 574 €4 246 €5 917 €3 073 €0 €–
Short-term accounts payable4 096 €1 788 €4 497 €4 608 €5 715 €0 €
Depreciations according to plan1 671 €-1 671 €-1 671 €-768 €-865 €-288 €
Short-term receivables42 t€14 t€37 t€21 t€20 t€5 763 €

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

0 €10 t€15 t€24 t€8 849 €8 849 €20202021202220232024

Measured by taxable income, Hyrinä Oy is in the lower half of the industry class research and experimental development on natural sciences and engineering (325 companies with taxable income; median 33 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.

Trade Register events

  • Line of business changed

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