Avese Oy is a limited company based in Alavus, registered in 2015. In the financial year ending 30.9.2025, revenue was 292 t€ and operating profit -74 t€; equity ratio -13.1 %.
Revenue 2025292 t€-75 % on the previous year
Operating profit-74 t€-25,3 % of revenue
Net profit-81 t€EBITDA -87 t€
Equity ratio-13,1 %quick ratio 0,88
In business11 yrsregistered 8.6.2015
Financials
RevenueOperating profitNet profit
| Key figures | 30.9.2025 | 30.9.2024 | 30.9.2023 | 30.9.2022 |
|---|---|---|---|---|
| Revenue | 292 t€ | 1,2 M€ | 1,2 M€ | 1,0 M€ |
| Revenue change | -75,0 % | -0,2 % | 13,6 % | – |
| EBITDA | -87 t€ | 22 t€ | 24 t€ | -7 311 € |
| EBITDA % | -29,7 % | 1,9 % | 2,0 % | -0,7 % |
| Operating profit | -74 t€ | 17 t€ | 23 t€ | -15 t€ |
| Operating margin | -25,3 % | 1,5 % | 2,0 % | -1,4 % |
| Net profit | -81 t€ | 9 381 € | 16 t€ | -20 t€ |
| Personnel costs | -109 t€ | 147 t€ | 125 t€ | 126 t€ |
| Equity ratio | -13,1 % | 31,1 % | 20,5 % | 27,0 % |
| Quick ratio | 0,88 | 1,12 | 1,10 | 1,18 |
| Current ratio | 0,88 | 1,12 | 1,10 | 1,18 |
| Debt to revenue | 35,4 % | 13,1 % | 21,1 % | 12,5 % |
| Return on equity | – | 13,5 % | 25,2 % | -42,0 % |
| Balance sheet total | 115 t€ | 801 t€ | 1,2 M€ | 593 t€ |
| Equity | -12 t€ | 69 t€ | 64 t€ | 48 t€ |
| Cash and bank | 25 t€ | 164 t€ | 164 t€ | 74 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 30.9.2025 | 30.9.2024 | 30.9.2023 | 30.9.2022 | |
|---|---|---|---|---|
| Turnover | 292 t€ | 1,2 M€ | 1,2 M€ | 1,0 M€ |
| Other operating income | – | 0 € | 3 002 € | 0 € |
| Raw materials and services | 217 t€ | -944 t€ | -979 t€ | -880 t€ |
| Personnel expenses | 109 t€ | -147 t€ | -125 t€ | -126 t€ |
| Depreciations and reductions in value | 13 t€ | -4 667 € | -700 € | -7 614 € |
| Other operating expenses | 28 t€ | -56 t€ | -45 t€ | -31 t€ |
| Operating profit (loss) | -74 t€ | 17 t€ | 23 t€ | -15 t€ |
| Financial income and expenses + (-) | 7 316 € | -7 769 € | -7 136 € | -5 155 € |
| Profit (loss) before appropriations and taxes | -81 t€ | 9 381 € | 16 t€ | -20 t€ |
| Profit (loss) for the financial year | -81 t€ | 9 381 € | 16 t€ | -20 t€ |
Balance sheet
| 30.9.2025 | 30.9.2024 | 30.9.2023 | 30.9.2022 | |
|---|---|---|---|---|
| Non-current assets | 38 t€ | 51 t€ | 0 € | 21 t€ |
| Receivables | 52 t€ | 586 t€ | 1,0 M€ | 497 t€ |
| Cash in hand and at banks | 25 t€ | 164 t€ | 164 t€ | 74 t€ |
| Current assets | 76 t€ | 750 t€ | 1,2 M€ | 572 t€ |
| Assets | 115 t€ | 801 t€ | 1,2 M€ | 593 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | -12 t€ | 69 t€ | 64 t€ | 48 t€ |
| Long-term liabilities | 40 t€ | 65 t€ | 39 t€ | 60 t€ |
| Short-term liabilities | 87 t€ | 667 t€ | 1,1 M€ | 485 t€ |
| Liabilities | 127 t€ | 732 t€ | 1,1 M€ | 545 t€ |
All financial statement items (44)
| 30.9.2025 | 30.9.2024 | 30.9.2023 | 30.9.2022 | |
|---|---|---|---|---|
| Turnover | 292 t€ | 1,2 M€ | 1,2 M€ | 1,0 M€ |
| Other operating income | – | 0 € | 3 002 € | 0 € |
| Raw materials and services | 217 t€ | -944 t€ | -979 t€ | -880 t€ |
| Personnel expenses | 109 t€ | -147 t€ | -125 t€ | -126 t€ |
| Depreciations and reductions in value | 13 t€ | -4 667 € | -700 € | -7 614 € |
| Other operating expenses | 28 t€ | -56 t€ | -45 t€ | -31 t€ |
| Operating profit (loss) | -74 t€ | 17 t€ | 23 t€ | -15 t€ |
| Financial income and expenses + (-) | 7 316 € | -7 769 € | -7 136 € | -5 155 € |
| Profit (loss) before appropriations and taxes | -81 t€ | 9 381 € | 16 t€ | -20 t€ |
| Profit (loss) for the financial year | -81 t€ | 9 381 € | 16 t€ | -20 t€ |
| Non-current assets | 38 t€ | 51 t€ | 0 € | 21 t€ |
| Receivables | 52 t€ | 586 t€ | 1,0 M€ | 497 t€ |
| Cash in hand and at banks | 25 t€ | 164 t€ | 164 t€ | 74 t€ |
| Current assets | 76 t€ | 750 t€ | 1,2 M€ | 572 t€ |
| Assets | 115 t€ | 801 t€ | 1,2 M€ | 593 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | -12 t€ | 69 t€ | 64 t€ | 48 t€ |
| Long-term liabilities | 40 t€ | 65 t€ | 39 t€ | 60 t€ |
| Short-term liabilities | 87 t€ | 667 t€ | 1,1 M€ | 485 t€ |
| Liabilities | 127 t€ | 732 t€ | 1,1 M€ | 545 t€ |
| Other short-term receivables | 5 001 € | 2 991 € | 28 t€ | 6 003 € |
| Other current liabilities | 3 748 € | 7 177 € | 8 556 € | 299 € |
| Retained earnings | 67 t€ | 57 t€ | 45 t€ | 65 t€ |
| Short-term prepayments and accrued income | 23 t€ | 577 t€ | 854 t€ | 438 t€ |
| Short-term accounts payable | 34 t€ | 57 t€ | 188 t€ | 54 t€ |
| Short-term sales receivables | 23 t€ | 6 005 € | 125 t€ | 53 t€ |
| Purchases during the financial year | 141 t€ | -753 t€ | -809 t€ | -688 t€ |
| Profit (loss) for the period, equity | -81 t€ | 9 381 € | 16 t€ | -20 t€ |
| Short-term receivables | 52 t€ | 586 t€ | 1,0 M€ | 497 t€ |
| Interest expenses and other financial expenses for non-Group companies | 7 319 € | -7 773 € | -7 169 € | -5 200 € |
| Tangible assets | 38 t€ | 51 t€ | 0 € | 21 t€ |
| Wages and salaries | 88 t€ | -124 t€ | -106 t€ | -106 t€ |
| Short-term accrued expenses and deferred income | 1 631 € | 0 € | 0 € | 2 268 € |
| Liabilities | 115 t€ | 801 t€ | 1,2 M€ | 593 t€ |
| Long-term accounts payable | – | – | 0 € | 22 t€ |
| Other interest and financial income from non-group companies | 4 € | 3 € | 33 € | 46 € |
| Other social security expenses | 7 971 € | -7 326 € | -4 691 € | -6 316 € |
| Long-term liabilities to credit institutions | 40 t€ | 65 t€ | 39 t€ | 39 t€ |
| Machinery and equipment | 38 t€ | 51 t€ | 0 € | 21 t€ |
| Depreciations according to plan | 13 t€ | -4 667 € | -700 € | -7 614 € |
| Services purchased | 76 t€ | -192 t€ | -171 t€ | -192 t€ |
| Short-term liabilities to credit institutions | 24 t€ | 24 t€ | 12 t€ | 12 t€ |
| Short-term advances received | 23 t€ | 579 t€ | 861 t€ | 416 t€ |
| Pension expenses | 13 t€ | -15 t€ | -15 t€ | -14 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
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.