Saaristoni Oy is a limited company based in Loviisa, registered in 2015. In the financial year ending 31.1.2024, revenue was 376 t€ and operating profit 38 t€; equity ratio -21.0 %. Latest Trade Register entry: change of ceo, 3.11.2026.
Revenue 2024376 t€+8 % on the previous year
Operating profit38 t€10,1 % of revenue
Net profit33 t€EBITDA 46 t€
Equity ratio-21,0 %quick ratio 1,22
In business11 yrsregistered 8.6.2015
Trade Register1entries, latest: change of ceo
Financials
RevenueOperating profitNet profit
| Key figures | 31.1.2024 | 31.1.2023 | 31.1.2022 | 31.1.2021 | 31.1.2020 |
|---|---|---|---|---|---|
| Revenue | 376 t€ | 350 t€ | 248 t€ | 243 t€ | 179 t€ |
| Revenue change | 7,6 % | 41,2 % | 1,8 % | 36,1 % | – |
| EBITDA | 46 t€ | 24 t€ | 24 t€ | 14 t€ | -11 t€ |
| EBITDA % | 12,1 % | 7,0 % | 9,5 % | 5,6 % | -5,9 % |
| Operating profit | 38 t€ | 15 t€ | 11 t€ | -3 306 € | -33 t€ |
| Operating margin | 10,1 % | 4,2 % | 4,3 % | -1,4 % | -18,6 % |
| Net profit | 33 t€ | 9 324 € | 4 321 € | -9 386 € | -42 t€ |
| Personnel costs | 90 t€ | 78 t€ | 47 t€ | 64 t€ | 54 t€ |
| Equity ratio | -21,0 % | -86,4 % | -72,4 % | -53,4 % | -41,4 % |
| Quick ratio | 1,22 | 0,68 | 0,80 | 0,90 | 1,17 |
| Current ratio | 1,29 | 0,73 | 0,83 | 0,98 | 1,29 |
| Debt to revenue | 25,2 % | 30,4 % | 56,4 % | 70,6 % | 96,2 % |
| Balance sheet total | 78 t€ | 57 t€ | 81 t€ | 112 t€ | 122 t€ |
| Equity | -16 t€ | -49 t€ | -59 t€ | -60 t€ | -50 t€ |
| Cash and bank | 2 566 € | 4 631 € | 7 882 € | 16 t€ | 18 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.1.2024 | 31.1.2023 | 31.1.2022 | 31.1.2021 | 31.1.2020 | |
|---|---|---|---|---|---|
| Turnover | 376 t€ | 350 t€ | 248 t€ | 243 t€ | 179 t€ |
| Other operating income | 60 t€ | 22 t€ | 35 t€ | 44 t€ | 43 t€ |
| Raw materials and services | -137 t€ | -134 t€ | -87 t€ | -69 t€ | -84 t€ |
| Personnel expenses | -90 t€ | -78 t€ | -47 t€ | -64 t€ | -54 t€ |
| Depreciations and reductions in value | -7 536 € | -9 582 € | -13 t€ | -17 t€ | -23 t€ |
| Other operating expenses | -163 t€ | -137 t€ | -126 t€ | -141 t€ | -94 t€ |
| Operating profit (loss) | 38 t€ | 15 t€ | 11 t€ | -3 306 € | -33 t€ |
| Financial income and expenses + (-) | -5 207 € | -5 438 € | -6 411 € | -6 081 € | -8 414 € |
| Profit (loss) before appropriations and taxes | 33 t€ | 9 324 € | 4 321 € | -9 386 € | -42 t€ |
| Profit (loss) for the financial year | 33 t€ | 9 324 € | 4 321 € | -9 386 € | -42 t€ |
Balance sheet
| 31.1.2024 | 31.1.2023 | 31.1.2022 | 31.1.2021 | 31.1.2020 | |
|---|---|---|---|---|---|
| Non-current assets | 35 t€ | 29 t€ | 38 t€ | 51 t€ | 68 t€ |
| Stocks | 2 240 € | 1 680 € | 1 680 € | 4 950 € | 4 950 € |
| Receivables | 39 t€ | 22 t€ | 33 t€ | 40 t€ | 31 t€ |
| Cash in hand and at banks | 2 566 € | 4 631 € | 7 882 € | 16 t€ | 18 t€ |
| Current assets | 43 t€ | 28 t€ | 43 t€ | 61 t€ | 53 t€ |
| Assets | 78 t€ | 57 t€ | 81 t€ | 112 t€ | 122 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | -16 t€ | -49 t€ | -59 t€ | -60 t€ | -50 t€ |
| Long-term liabilities | 61 t€ | 67 t€ | 88 t€ | 109 t€ | 131 t€ |
| Short-term liabilities | 34 t€ | 39 t€ | 51 t€ | 62 t€ | 41 t€ |
| Liabilities | 95 t€ | 106 t€ | 140 t€ | 172 t€ | 172 t€ |
All financial statement items (50)
| 31.1.2024 | 31.1.2023 | 31.1.2022 | 31.1.2021 | 31.1.2020 | |
|---|---|---|---|---|---|
| Turnover | 376 t€ | 350 t€ | 248 t€ | 243 t€ | 179 t€ |
| Other operating income | 60 t€ | 22 t€ | 35 t€ | 44 t€ | 43 t€ |
| Raw materials and services | -137 t€ | -134 t€ | -87 t€ | -69 t€ | -84 t€ |
| Personnel expenses | -90 t€ | -78 t€ | -47 t€ | -64 t€ | -54 t€ |
| Depreciations and reductions in value | -7 536 € | -9 582 € | -13 t€ | -17 t€ | -23 t€ |
| Other operating expenses | -163 t€ | -137 t€ | -126 t€ | -141 t€ | -94 t€ |
| Operating profit (loss) | 38 t€ | 15 t€ | 11 t€ | -3 306 € | -33 t€ |
| Financial income and expenses + (-) | -5 207 € | -5 438 € | -6 411 € | -6 081 € | -8 414 € |
| Profit (loss) before appropriations and taxes | 33 t€ | 9 324 € | 4 321 € | -9 386 € | -42 t€ |
| Profit (loss) for the financial year | 33 t€ | 9 324 € | 4 321 € | -9 386 € | -42 t€ |
| Non-current assets | 35 t€ | 29 t€ | 38 t€ | 51 t€ | 68 t€ |
| Stocks | 2 240 € | 1 680 € | 1 680 € | 4 950 € | 4 950 € |
| Receivables | 39 t€ | 22 t€ | 33 t€ | 40 t€ | 31 t€ |
| Cash in hand and at banks | 2 566 € | 4 631 € | 7 882 € | 16 t€ | 18 t€ |
| Current assets | 43 t€ | 28 t€ | 43 t€ | 61 t€ | 53 t€ |
| Assets | 78 t€ | 57 t€ | 81 t€ | 112 t€ | 122 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | -16 t€ | -49 t€ | -59 t€ | -60 t€ | -50 t€ |
| Long-term liabilities | 61 t€ | 67 t€ | 88 t€ | 109 t€ | 131 t€ |
| Short-term liabilities | 34 t€ | 39 t€ | 51 t€ | 62 t€ | 41 t€ |
| Liabilities | 95 t€ | 106 t€ | 140 t€ | 172 t€ | 172 t€ |
| Other short-term receivables | 755 € | 1 588 € | 5 432 € | 8 036 € | 8 909 € |
| Other current liabilities | 0 € | 4 443 € | 1 060 € | 2 401 € | 238 € |
| Other intangible assets | 13 t€ | 0 € | – | – | – |
| Retained earnings | -52 t€ | -61 t€ | -65 t€ | -53 t€ | -11 t€ |
| Short-term prepayments and accrued income | 1 118 € | 841 € | 5 868 € | 6 326 € | 11 t€ |
| Short-term accounts payable | 11 t€ | 5 926 € | 18 t€ | 9 636 € | 11 t€ |
| Short-term sales receivables | 14 t€ | 6 728 € | 3 015 € | 12 t€ | 2 440 € |
| Purchases during the financial year | -113 t€ | -110 t€ | -76 t€ | -61 t€ | -82 t€ |
| Profit (loss) for the period, equity | 33 t€ | 9 324 € | 4 321 € | -9 386 € | -42 t€ |
| Short-term receivables | 39 t€ | 22 t€ | 33 t€ | 40 t€ | 31 t€ |
| Interest expenses and other financial expenses for non-Group companies | -5 234 € | -5 473 € | -6 450 € | -6 086 € | -8 414 € |
| Tangible assets | 22 t€ | 29 t€ | 38 t€ | 51 t€ | 68 t€ |
| Materials and supplies | 2 240 € | 1 680 € | 1 680 € | 4 950 € | 4 950 € |
| Wages and salaries | -71 t€ | -65 t€ | -35 t€ | -55 t€ | -44 t€ |
| Short-term accrued expenses and deferred income | 1 318 € | 3 795 € | 1 509 € | 15 t€ | 2 063 € |
| Intangible assets | 13 t€ | 0 € | – | – | – |
| Short-term loan receivables | 23 t€ | 13 t€ | 19 t€ | 13 t€ | 8 801 € |
| Liabilities | 78 t€ | 57 t€ | 81 t€ | 112 t€ | 122 t€ |
| Other interest and financial income from non-group companies | 27 € | 35 € | 39 € | 6 € | 1 € |
| Other social security expenses | -4 008 € | -2 843 € | -2 684 € | -1 466 € | -48 € |
| Long-term liabilities to credit institutions | 21 t€ | 37 t€ | 58 t€ | 79 t€ | 101 t€ |
| Machinery and equipment | 22 t€ | 29 t€ | 38 t€ | 51 t€ | 68 t€ |
| Depreciations according to plan | -7 536 € | -9 582 € | -13 t€ | -17 t€ | -23 t€ |
| Services purchased | -25 t€ | -23 t€ | -7 993 € | -7 904 € | -1 592 € |
| Short-term liabilities to credit institutions | 22 t€ | 25 t€ | 31 t€ | 35 t€ | 28 t€ |
| Inventory increase (+) or decrease (-) | 560 € | 0 € | -3 270 € | 0 € | – |
| Pension expenses | -16 t€ | -9 524 € | -8 983 € | -7 555 € | -11 t€ |
| Other long-term liabilities | 9 800 € | 0 € | – | – | – |
| Long-term subordinated loans | 30 t€ | 30 t€ | 30 t€ | 30 t€ | 30 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).
Trade Register events
- Change of CEO