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Suotuuli Oy

Limited company. Production of electricity from hydropower.

Suotuuli Oy is a limited company based in Kauhajoki, registered in 2014. In the financial year ending 31.12.2024, revenue was 209 t€ and operating profit 259 t€; equity ratio 17.5 %.

Revenue 2024209 t€-14 % on the previous year
Operating profit259 t€124,2 % of revenue
Net profit-172 t€EBITDA 351 t€
Equity ratio17,5 %quick ratio 0,04
In business12 yrsregistered 1.7.2014

Financials

243 t€209 t€209 t€205 t€259 t€-115 t€-172 t€20232024
RevenueOperating profitNet profit
Key figures31.12.202431.12.2023
Revenue209 t€243 t€
Revenue change-14,1 %–
EBITDA351 t€297 t€
EBITDA %168,0 %122,2 %
Operating profit259 t€205 t€
Operating margin124,2 %84,5 %
Net profit-172 t€-115 t€
Equity ratio17,5 %20,0 %
Quick ratio0,040,03
Current ratio0,040,03
Debt to revenue3265,1 %2916,3 %
Return on equity-15,9 %-8,5 %
Balance sheet total8,3 M€8,8 M€
Equity1,1 M€1,3 M€
Cash and bank68 t€77 t€

Balance sheet

8,8 M€8,3 M€8,3 M€1,3 M€1,1 M€77 t€68 t€20232024
Balance sheet totalEquityCash
Income statement and balance sheet

Income statement

31.12.202431.12.2023
Turnover209 t€243 t€
Other operating income226 t€146 t€
Depreciations and reductions in value-92 t€-92 t€
Other operating expenses-85 t€-93 t€
Operating profit (loss)259 t€205 t€
Financial income and expenses + (-)-488 t€-390 t€
Profit (loss) before appropriations and taxes-229 t€-185 t€
Income taxes0 €12 t€
Profit (loss) for the financial year-172 t€-115 t€

Balance sheet

31.12.202431.12.2023
Non-current assets8,0 M€8,7 M€
Receivables161 t€71 t€
Cash in hand and at banks68 t€77 t€
Current assets229 t€148 t€
Assets8,3 M€8,8 M€
Share capital or other similar capital2 500 €2 500 €
Capital and reserves1,1 M€1,3 M€
Appropriations364 t€421 t€
Long-term liabilities1,7 M€2,0 M€
Short-term liabilities5,2 M€5,1 M€
Liabilities6,8 M€7,1 M€
All financial statement items (48)
31.12.202431.12.2023
Turnover209 t€243 t€
Other operating income226 t€146 t€
Depreciations and reductions in value-92 t€-92 t€
Other operating expenses-85 t€-93 t€
Operating profit (loss)259 t€205 t€
Financial income and expenses + (-)-488 t€-390 t€
Profit (loss) before appropriations and taxes-229 t€-185 t€
Income taxes0 €12 t€
Profit (loss) for the financial year-172 t€-115 t€
Non-current assets8,0 M€8,7 M€
Receivables161 t€71 t€
Cash in hand and at banks68 t€77 t€
Current assets229 t€148 t€
Assets8,3 M€8,8 M€
Share capital or other similar capital2 500 €2 500 €
Capital and reserves1,1 M€1,3 M€
Appropriations364 t€421 t€
Long-term liabilities1,7 M€2,0 M€
Short-term liabilities5,2 M€5,1 M€
Liabilities6,8 M€7,1 M€
Shares and similar rights of ownership in subsidiaries4,7 M€4,6 M€
Reserve for invested non-restricted equity465 t€560 t€
Profit (loss) for the period, equity-172 t€-115 t€
Increase (decrease) in deprecation difference57 t€57 t€
Machinery and equipment1,1 M€1,2 M€
Impairment on investments for non-current assets22 t€-22 t€
Other shares and similar rights of ownership1,9 M€2,5 M€
Long-term receivables from Group companies30 t€10 t€
Short-term accounts payable62 t€1 959 €
Short-term prepayments and accrued income97 t€47 t€
Liabilities8,3 M€8,8 M€
Depreciation difference364 t€421 t€
Short-term accrued expenses and deferred income171 t€144 t€
Short-term sales receivables30 t€14 t€
Interest expenses and other financial expenses for non-Group companies-577 t€-454 t€
Long-term receivables30 t€10 t€
Other current liabilities5 216 €5 485 €
Short-term liabilities to credit institutions4,9 M€4,9 M€
Short-term receivables131 t€61 t€
Retained earnings783 t€897 t€
Other short-term receivables4 192 €0 €
Income from other investments under non-current assets, from other companies0 €70 t€
Investments6,5 M€7,1 M€
Buildings and structures, Lease rights375 t€409 t€
Depreciations according to plan-92 t€-92 t€
Tangible assets1,5 M€1,6 M€
Long-term liabilities to credit institutions1,7 M€2,0 M€
Other interest and financial income from non-group companies67 t€17 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

43 €430 t€793 t€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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