Hartman Trading Oy Ab is a limited company based in Vaasa, registered in 2014. In the financial year ending 31.10.2025, operating profit -4 844 €; equity ratio 69.5 %.
Gross profit 202537 t€-62 % on the previous year
Operating profit-4 844 €
Net profit-4 815 €EBITDA -5 233 €
Equity ratio69,5 %quick ratio 6,01
Taxable income 20240 €
-100 % on the previous year
Income taxes 20240 €95 t€ in 2020–2024
In business12 yrsregistered 2.1.2014
Financials
RevenueOperating profitNet profit
| Key figures | 31.10.2025 | 31.10.2024 | 31.10.2023 | 31.10.2022 |
|---|---|---|---|---|
| Revenue | – | – | 564 t€ | 1,3 M€ |
| Revenue change | -62,4 % | -37,5 % | -57,2 % | – |
| Gross profit | 37 t€ | 97 t€ | 156 t€ | – |
| EBITDA | -5 233 € | -67 t€ | 16 t€ | 114 t€ |
| EBITDA % | – | – | 2,8 % | 8,7 % |
| Operating profit | -4 844 € | -68 t€ | 15 t€ | 113 t€ |
| Operating margin | – | – | 2,6 % | 8,6 % |
| Net profit | -4 815 € | -74 t€ | 5 621 € | 85 t€ |
| Personnel costs | -7 361 € | 98 t€ | 95 t€ | 124 t€ |
| Equity ratio | 69,5 % | 65,5 % | 66,6 % | 72,3 % |
| Quick ratio | 6,01 | 4,07 | 2,67 | 5,34 |
| Current ratio | 8,22 | 5,74 | 5,26 | 7,61 |
| Debt to revenue | – | – | 39,2 % | 13,8 % |
| Return on equity | -1,3 % | -20,1 % | 1,3 % | 18,0 % |
| Balance sheet total | 522 t€ | 561 t€ | 663 t€ | 655 t€ |
| Equity | 363 t€ | 368 t€ | 441 t€ | 474 t€ |
| Cash and bank | 378 t€ | 306 t€ | 156 t€ | 455 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.10.2025 | 31.10.2024 | 31.10.2023 | 31.10.2022 | |
|---|---|---|---|---|
| Turnover | – | – | 564 t€ | 1,3 M€ |
| Gross profit or loss | 37 t€ | 97 t€ | 156 t€ | – |
| Other operating income | – | – | 0 € | 1 388 € |
| Raw materials and services | – | – | -408 t€ | -1,0 M€ |
| Personnel expenses | 7 361 € | -98 t€ | -95 t€ | -124 t€ |
| Depreciations and reductions in value | 389 € | -519 € | -692 € | -923 € |
| Other operating expenses | 34 t€ | -67 t€ | -46 t€ | -38 t€ |
| Operating profit (loss) | -4 844 € | -68 t€ | 15 t€ | 113 t€ |
| Financial income and expenses + (-) | -29 € | -5 805 € | -7 745 € | -6 603 € |
| Profit (loss) before appropriations and taxes | -4 815 € | -74 t€ | 7 189 € | 107 t€ |
| Income taxes | 0 € | -30 € | -1 568 € | -21 t€ |
| Profit (loss) for the financial year | -4 815 € | -74 t€ | 5 621 € | 85 t€ |
Balance sheet
| 31.10.2025 | 31.10.2024 | 31.10.2023 | 31.10.2022 | |
|---|---|---|---|---|
| Non-current assets | 1 168 € | 1 558 € | 2 077 € | 2 769 € |
| Stocks | 140 t€ | 163 t€ | 325 t€ | 195 t€ |
| Receivables | 2 997 € | 90 t€ | 179 t€ | 2 582 € |
| Cash in hand and at banks | 378 t€ | 306 t€ | 156 t€ | 455 t€ |
| Current assets | 521 t€ | 559 t€ | 661 t€ | 653 t€ |
| Assets | 522 t€ | 561 t€ | 663 t€ | 655 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 363 t€ | 368 t€ | 441 t€ | 474 t€ |
| Long-term liabilities | 96 t€ | 96 t€ | 96 t€ | 96 t€ |
| Short-term liabilities | 63 t€ | 97 t€ | 126 t€ | 86 t€ |
| Liabilities | 159 t€ | 193 t€ | 221 t€ | 182 t€ |
All financial statement items (46)
| 31.10.2025 | 31.10.2024 | 31.10.2023 | 31.10.2022 | |
|---|---|---|---|---|
| Turnover | – | – | 564 t€ | 1,3 M€ |
| Gross profit or loss | 37 t€ | 97 t€ | 156 t€ | – |
| Other operating income | – | – | 0 € | 1 388 € |
| Raw materials and services | – | – | -408 t€ | -1,0 M€ |
| Personnel expenses | 7 361 € | -98 t€ | -95 t€ | -124 t€ |
| Depreciations and reductions in value | 389 € | -519 € | -692 € | -923 € |
| Other operating expenses | 34 t€ | -67 t€ | -46 t€ | -38 t€ |
| Operating profit (loss) | -4 844 € | -68 t€ | 15 t€ | 113 t€ |
| Financial income and expenses + (-) | -29 € | -5 805 € | -7 745 € | -6 603 € |
| Profit (loss) before appropriations and taxes | -4 815 € | -74 t€ | 7 189 € | 107 t€ |
| Income taxes | 0 € | -30 € | -1 568 € | -21 t€ |
| Profit (loss) for the financial year | -4 815 € | -74 t€ | 5 621 € | 85 t€ |
| Non-current assets | 1 168 € | 1 558 € | 2 077 € | 2 769 € |
| Stocks | 140 t€ | 163 t€ | 325 t€ | 195 t€ |
| Receivables | 2 997 € | 90 t€ | 179 t€ | 2 582 € |
| Cash in hand and at banks | 378 t€ | 306 t€ | 156 t€ | 455 t€ |
| Current assets | 521 t€ | 559 t€ | 661 t€ | 653 t€ |
| Assets | 522 t€ | 561 t€ | 663 t€ | 655 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 363 t€ | 368 t€ | 441 t€ | 474 t€ |
| Long-term liabilities | 96 t€ | 96 t€ | 96 t€ | 96 t€ |
| Short-term liabilities | 63 t€ | 97 t€ | 126 t€ | 86 t€ |
| Liabilities | 159 t€ | 193 t€ | 221 t€ | 182 t€ |
| Wages and salaries | -8 122 € | -72 t€ | -69 t€ | -99 t€ |
| Short-term sales receivables | 0 € | 85 t€ | 110 t€ | 0 € |
| Short-term receivables | 2 997 € | 90 t€ | 179 t€ | 2 582 € |
| Pension expenses | 14 t€ | -24 t€ | -23 t€ | -22 t€ |
| Other long-term liabilities | 96 t€ | 96 t€ | 96 t€ | 96 t€ |
| Liabilities | 522 t€ | 561 t€ | 663 t€ | 655 t€ |
| Machinery and equipment | 1 168 € | 1 558 € | 2 077 € | 2 769 € |
| Retained earnings | 365 t€ | 439 t€ | 433 t€ | 386 t€ |
| Inventory increase (+) or decrease (-) | – | – | 131 t€ | 68 t€ |
| Purchases during the financial year | – | – | -538 t€ | -1,1 M€ |
| Short-term accounts payable | 1 536 € | 3 939 € | 2 947 € | 7 262 € |
| Tangible assets | 1 168 € | 1 558 € | 2 077 € | 2 769 € |
| Short-term accrued expenses and deferred income | 5 365 € | 14 t€ | 18 t€ | 22 t€ |
| Other social security expenses | 1 171 € | -2 033 € | -2 435 € | -2 223 € |
| Profit (loss) for the period, equity | -4 815 € | -74 t€ | 5 621 € | 85 t€ |
| Services purchased | – | – | -976 € | -17 t€ |
| Other interest and financial income from non-group companies | 5 393 € | 9 € | 2 € | 1 € |
| Other short-term receivables | 951 € | 997 € | 697 € | 0 € |
| Depreciations according to plan | 389 € | -519 € | -692 € | -923 € |
| Interest expenses and other financial expenses for non-Group companies | 5 365 € | -5 814 € | -7 747 € | -6 603 € |
| Other current liabilities | 56 t€ | 79 t€ | 105 t€ | 56 t€ |
| Finished products | 140 t€ | 163 t€ | 325 t€ | 195 t€ |
| Short-term prepayments and accrued income | 2 046 € | 4 080 € | 69 t€ | 2 582 € |
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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