ToivoCo Oy is a limited company based in Lieto, registered in 2015. In the financial year ending 31.12.2025, revenue was 33 t€ and operating profit 1 843 €; equity ratio 94.7 %. Its taxable income in 2024 was 11 t€ and its income taxes 2 221 €.
Revenue 202533 t€-71 % on the previous year
Operating profit1 843 €5,7 % of revenue
Net profit1 392 €EBITDA 1 653 €
Equity ratio94,7 %quick ratio 18,14
Taxable income 202411 t€
lower half of its industry
Income taxes 20242 221 €8 139 € in 2020–2024
In business11 yrsregistered 19.8.2015
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 |
|---|---|---|---|---|
| Revenue | 33 t€ | 114 t€ | 158 t€ | 170 t€ |
| Revenue change | -71,4 % | -27,9 % | -7,2 % | – |
| EBITDA | 1 653 € | 16 t€ | 22 t€ | 10 t€ |
| EBITDA % | 5,1 % | 14,2 % | 14,2 % | 6,2 % |
| Operating profit | 1 843 € | 13 t€ | 18 t€ | 9 140 € |
| Operating margin | 5,7 % | 11,3 % | 11,4 % | 5,4 % |
| Net profit | 1 392 € | 9 148 € | 14 t€ | 6 986 € |
| Personnel costs | -450 € | 13 t€ | 23 t€ | 13 t€ |
| Equity ratio | 94,7 % | 88,0 % | 68,0 % | 43,3 % |
| Quick ratio | 18,14 | 6,04 | 2,22 | 1,48 |
| Current ratio | 18,63 | 6,88 | 2,49 | 1,67 |
| Debt to revenue | 8,2 % | 6,0 % | 13,2 % | 25,3 % |
| Return on equity | 2,9 % | 18,3 % | 31,4 % | 21,2 % |
| Balance sheet total | 50 t€ | 57 t€ | 65 t€ | 76 t€ |
| Equity | 48 t€ | 50 t€ | 44 t€ | 33 t€ |
| Cash and bank | 45 t€ | 40 t€ | 37 t€ | 30 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|---|
| Turnover | 33 t€ | 114 t€ | 158 t€ | 170 t€ |
| Other operating income | 2 171 € | 0 € | – | – |
| Raw materials and services | 25 t€ | -69 t€ | -99 t€ | -132 t€ |
| Personnel expenses | 450 € | -13 t€ | -23 t€ | -13 t€ |
| Depreciations and reductions in value | 190 € | -3 279 € | -4 372 € | -1 342 € |
| Other operating expenses | 6 887 € | -16 t€ | -14 t€ | -15 t€ |
| Operating profit (loss) | 1 843 € | 13 t€ | 18 t€ | 9 140 € |
| Financial income and expenses + (-) | 102 € | -1 787 € | -958 € | -397 € |
| Profit (loss) before appropriations and taxes | 1 741 € | 11 t€ | 17 t€ | 8 743 € |
| Income taxes | 349 € | -1 956 € | -3 214 € | -1 757 € |
| Profit (loss) for the financial year | 1 392 € | 9 148 € | 14 t€ | 6 986 € |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|---|
| Non-current assets | 571 € | 9 837 € | 13 t€ | 17 t€ |
| Stocks | 1 311 € | 5 778 € | 5 777 € | 6 456 € |
| Receivables | 3 075 € | 1 655 € | 8 774 € | 22 t€ |
| Cash in hand and at banks | 45 t€ | 40 t€ | 37 t€ | 30 t€ |
| Current assets | 50 t€ | 47 t€ | 52 t€ | 59 t€ |
| Assets | 50 t€ | 57 t€ | 65 t€ | 76 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 48 t€ | 50 t€ | 44 t€ | 33 t€ |
| Long-term liabilities | – | – | 0 € | 8 000 € |
| Short-term liabilities | 2 666 € | 6 821 € | 21 t€ | 35 t€ |
| Liabilities | 2 666 € | 6 821 € | 21 t€ | 43 t€ |
All financial statement items (45)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|---|
| Turnover | 33 t€ | 114 t€ | 158 t€ | 170 t€ |
| Other operating income | 2 171 € | 0 € | – | – |
| Raw materials and services | 25 t€ | -69 t€ | -99 t€ | -132 t€ |
| Personnel expenses | 450 € | -13 t€ | -23 t€ | -13 t€ |
| Depreciations and reductions in value | 190 € | -3 279 € | -4 372 € | -1 342 € |
| Other operating expenses | 6 887 € | -16 t€ | -14 t€ | -15 t€ |
| Operating profit (loss) | 1 843 € | 13 t€ | 18 t€ | 9 140 € |
| Financial income and expenses + (-) | 102 € | -1 787 € | -958 € | -397 € |
| Profit (loss) before appropriations and taxes | 1 741 € | 11 t€ | 17 t€ | 8 743 € |
| Income taxes | 349 € | -1 956 € | -3 214 € | -1 757 € |
| Profit (loss) for the financial year | 1 392 € | 9 148 € | 14 t€ | 6 986 € |
| Non-current assets | 571 € | 9 837 € | 13 t€ | 17 t€ |
| Stocks | 1 311 € | 5 778 € | 5 777 € | 6 456 € |
| Receivables | 3 075 € | 1 655 € | 8 774 € | 22 t€ |
| Cash in hand and at banks | 45 t€ | 40 t€ | 37 t€ | 30 t€ |
| Current assets | 50 t€ | 47 t€ | 52 t€ | 59 t€ |
| Assets | 50 t€ | 57 t€ | 65 t€ | 76 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 48 t€ | 50 t€ | 44 t€ | 33 t€ |
| Long-term liabilities | – | – | 0 € | 8 000 € |
| Short-term liabilities | 2 666 € | 6 821 € | 21 t€ | 35 t€ |
| Liabilities | 2 666 € | 6 821 € | 21 t€ | 43 t€ |
| Services purchased | 592 € | -67 € | -9 244 € | -11 t€ |
| Retained earnings | 44 t€ | 38 t€ | 28 t€ | 23 t€ |
| Other current liabilities | 1 201 € | 35 € | 7 842 € | 5 858 € |
| Profit (loss) for the period, equity | 1 392 € | 9 148 € | 14 t€ | 6 986 € |
| Other short-term receivables | 192 € | 1 378 € | 200 € | 0 € |
| Depreciations according to plan | 190 € | -3 279 € | -4 372 € | -1 342 € |
| Short-term accounts payable | 1 464 € | 6 323 € | 11 t€ | 27 t€ |
| Purchases during the financial year | 20 t€ | -69 t€ | -89 t€ | -128 t€ |
| Wages and salaries | 0 € | -10 t€ | -18 t€ | -10 t€ |
| Short-term sales receivables | 1 632 € | 277 € | 7 425 € | 21 t€ |
| Inventory increase (+) or decrease (-) | 4 467 € | 1 € | -679 € | 6 456 € |
| Interest expenses and other financial expenses for non-Group companies | 102 € | -1 787 € | -958 € | -398 € |
| Other interest and financial income from non-group companies | – | – | 0 € | 1 € |
| Other social security expenses | 666 € | -688 € | -1 003 € | -577 € |
| Tangible assets | 571 € | 9 837 € | 13 t€ | 17 t€ |
| Long-term accounts payable | – | – | 0 € | 8 000 € |
| Short-term accrued expenses and deferred income | 0 € | 463 € | 2 265 € | 2 068 € |
| Short-term receivables | 3 075 € | 1 655 € | 8 774 € | 22 t€ |
| Pension expenses | -216 € | -2 280 € | -3 754 € | -2 211 € |
| Machinery and equipment | 571 € | 9 837 € | 13 t€ | 17 t€ |
| Materials and supplies | 1 311 € | 5 778 € | 5 777 € | 6 456 € |
| Short-term prepayments and accrued income | 1 252 € | 0 € | 1 148 € | 724 € |
| Liabilities | 50 t€ | 57 t€ | 65 t€ | 76 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
Measured by taxable income, ToivoCo Oy is in the lower half of the industry class business and other management consultancy activities (7663 companies with taxable income; median 16 t€).
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.