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Nordic Hunt Executive Search Oy

Limited company. Activities of employment placement agencies.

Nordic Hunt Executive Search Oy is a limited company based in Turku, registered in 2014. In the financial year ending 31.12.2025, revenue was 196 t€ and operating profit 200 t€; equity ratio 97.0 %. Its taxable income in 2024 was 38 t€ and its income taxes 7 498 €.

Revenue 2025196 t€+2 % on the previous year
Operating profit200 t€102,0 % of revenue
Net profit162 t€EBITDA 197 t€
Equity ratio97,0 %quick ratio 41,17
Taxable income 202438 t€ upper half of its industry
Income taxes 20247 498 €96 t€ in 2020–2024
In business12 yrsregistered 19.9.2014

Financials

263 t€221 t€193 t€196 t€196 t€122 t€70 t€18 t€200 t€98 t€52 t€27 t€162 t€2022202320242025
RevenueOperating profitNet profit
Key figures31.12.202531.12.202431.12.202331.12.2022
Revenue196 t€193 t€221 t€263 t€
Revenue change1,7 %-12,8 %-16,1 %–
EBITDA197 t€20 t€72 t€122 t€
EBITDA %100,4 %10,3 %32,4 %46,4 %
Operating profit200 t€18 t€70 t€122 t€
Operating margin102,0 %9,5 %31,5 %46,4 %
Net profit162 t€27 t€52 t€98 t€
Personnel costs-83 t€63 t€36 t€83 t€
Equity ratio97,0 %97,1 %95,9 %97,1 %
Quick ratio41,1746,4117,0434,64
Current ratio41,1746,4117,0434,64
Debt to revenue8,2 %7,0 %8,9 %5,1 %
Return on equity31,3 %6,0 %11,2 %21,9 %
Balance sheet total532 t€469 t€485 t€463 t€
Equity516 t€456 t€466 t€449 t€
Cash and bank475 t€407 t€210 t€445 t€

Balance sheet

463 t€485 t€469 t€532 t€532 t€449 t€466 t€456 t€516 t€445 t€210 t€407 t€475 t€2022202320242025
Balance sheet totalEquityCash
Income statement and balance sheet

Income statement

31.12.202531.12.202431.12.202331.12.2022
Turnover196 t€193 t€221 t€263 t€
Other operating income196 t€14 t€8 594 €0 €
Raw materials and services34 t€-38 t€-42 t€-12 t€
Personnel expenses83 t€-63 t€-36 t€-83 t€
Depreciations and reductions in value3 008 €-1 615 €-2 154 €0 €
Other operating expenses72 t€-86 t€-81 t€-46 t€
Operating profit (loss)200 t€18 t€70 t€122 t€
Financial income and expenses + (-)-1 962 €16 t€-3 054 €81 €
Profit (loss) before appropriations and taxes202 t€35 t€67 t€122 t€
Income taxes40 t€-7 504 €-14 t€-24 t€
Profit (loss) for the financial year162 t€27 t€52 t€98 t€

Balance sheet

31.12.202531.12.202431.12.202331.12.2022
Non-current assets9 127 €4 948 €207 t€102 €
Receivables13 t€34 t€67 t€15 t€
Cash in hand and at banks475 t€407 t€210 t€445 t€
Current assets523 t€464 t€279 t€462 t€
Assets532 t€469 t€485 t€463 t€
Share capital or other similar capital2 500 €2 500 €2 500 €2 500 €
Capital and reserves516 t€456 t€466 t€449 t€
Long-term liabilities3 415 €3 415 €3 415 €0 €
Short-term liabilities13 t€9 996 €16 t€13 t€
Liabilities16 t€13 t€20 t€13 t€
All financial statement items (50)
31.12.202531.12.202431.12.202331.12.2022
Turnover196 t€193 t€221 t€263 t€
Other operating income196 t€14 t€8 594 €0 €
Raw materials and services34 t€-38 t€-42 t€-12 t€
Personnel expenses83 t€-63 t€-36 t€-83 t€
Depreciations and reductions in value3 008 €-1 615 €-2 154 €0 €
Other operating expenses72 t€-86 t€-81 t€-46 t€
Operating profit (loss)200 t€18 t€70 t€122 t€
Financial income and expenses + (-)-1 962 €16 t€-3 054 €81 €
Profit (loss) before appropriations and taxes202 t€35 t€67 t€122 t€
Income taxes40 t€-7 504 €-14 t€-24 t€
Profit (loss) for the financial year162 t€27 t€52 t€98 t€
Non-current assets9 127 €4 948 €207 t€102 €
Receivables13 t€34 t€67 t€15 t€
Cash in hand and at banks475 t€407 t€210 t€445 t€
Current assets523 t€464 t€279 t€462 t€
Assets532 t€469 t€485 t€463 t€
Share capital or other similar capital2 500 €2 500 €2 500 €2 500 €
Capital and reserves516 t€456 t€466 t€449 t€
Long-term liabilities3 415 €3 415 €3 415 €0 €
Short-term liabilities13 t€9 996 €16 t€13 t€
Liabilities16 t€13 t€20 t€13 t€
Retained earnings352 t€426 t€411 t€348 t€
Tangible assets9 025 €4 846 €6 462 €0 €
Investments102 €102 €200 t€102 €
Reductions in value of shares and holdings in current assets-914 €-2 544 €0 €–
Wages and salaries67 t€-47 t€-25 t€-68 t€
Long-term receivables6 830 €6 830 €11 t€0 €
Other short-term receivables–0 €1 270 €0 €
Liabilities532 t€469 t€485 t€463 t€
Other shares, financial securities35 t€22 t€1 706 €1 706 €
Machinery and equipment9 025 €4 846 €6 462 €0 €
Services purchased34 t€-38 t€-42 t€-11 t€
Short-term sales receivables5 140 €6 325 €26 t€12 t€
Short-term accounts payable888 €1 012 €8 480 €420 €
Short-term prepayments and accrued income1 319 €21 t€29 t€3 736 €
Other shares and similar rights of ownership102 €102 €200 t€102 €
Short-term accrued expenses and deferred income686 €1 938 €1 141 €8 663 €
Short-term receivables6 459 €27 t€56 t€15 t€
Other long-term receivables6 830 €6 830 €11 t€0 €
Other current liabilities11 t€7 046 €6 733 €4 266 €
Other social security expenses7 058 €-8 398 €-4 732 €-3 486 €
Profit (loss) for the period, equity162 t€27 t€52 t€98 t€
Other interest and financial income from non-group companies1 092 €713 €73 €82 €
Interest expenses and other financial expenses for non-Group companies43 €-417 €-3 128 €-1 €
Other long-term liabilities3 415 €3 415 €3 415 €0 €
Shares and holdings35 t€22 t€1 706 €1 706 €
Purchases during the financial year––0 €-1 161 €
Income from other investments under non-current assets, from other companies0 €19 t€0 €–
Depreciations according to plan3 008 €-1 615 €-2 154 €0 €
Pension expenses8 742 €-6 870 €-5 800 €-12 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

76 t€176 t€115 t€70 t€38 t€38 t€20202021202220232024

Measured by taxable income, Nordic Hunt Executive Search Oy is in the upper half of the industry class activities of employment placement agencies (91 companies with taxable income; median 12 t€, 3,2 times the median).

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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