Helsing Music Ab is a limited company based in Pietarsaari, registered in 2015. In the financial year ending 31.12.2025, revenue was 132 t€ and operating profit 4 324 €; equity ratio 91.4 %. Its taxable income in 2024 was 62 t€ and its income taxes 0 €. Public buyers bought 8 791 € from it in 2024–2024; the largest buyer is Kulttuurin Ja Vapaa-ajan Toimiala, Helsinki (Helsinki).
Revenue 2025132 t€-16 % on the previous year
Operating profit4 324 €3,3 % of revenue
Net profit3 535 €EBITDA 4 226 €
Equity ratio91,4 %quick ratio 11,56
Taxable income 202462 t€
top quarter of its industry
Income taxes 20240 €12 t€ in 2020–2024
In business11 yrsregistered 15.9.2015
Sales to public buyers8 791 €2024–2024
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 |
|---|---|---|---|---|---|---|
| Revenue | 132 t€ | 158 t€ | 107 t€ | 136 t€ | 112 t€ | 67 t€ |
| Revenue change | -16,4 % | 47,4 % | -21,3 % | 22,0 % | 65,5 % | – |
| EBITDA | 4 226 € | 61 t€ | 11 t€ | 61 t€ | 38 t€ | 25 t€ |
| EBITDA % | 3,2 % | 38,9 % | 10,6 % | 44,9 % | 34,1 % | 37,5 % |
| Operating profit | 4 324 € | 61 t€ | 11 t€ | 59 t€ | 36 t€ | 23 t€ |
| Operating margin | 3,3 % | 38,8 % | 10,4 % | 43,6 % | 32,5 % | 34,6 % |
| Net profit | 3 535 € | 50 t€ | 6 051 € | 50 t€ | 28 t€ | 24 t€ |
| Personnel costs | -79 t€ | 55 t€ | 52 t€ | 39 t€ | 34 t€ | 19 t€ |
| Equity ratio | 91,4 % | 92,5 % | 91,2 % | 97,6 % | 91,2 % | 67,7 % |
| Quick ratio | 11,56 | 13,28 | 11,35 | 40,63 | 11,11 | 2,97 |
| Current ratio | 11,56 | 13,28 | 11,35 | 40,63 | 11,11 | 2,97 |
| Debt to revenue | 11,3 % | 8,7 % | 11,6 % | 2,5 % | 7,9 % | 48,5 % |
| Return on equity | 2,2 % | 29,7 % | 4,7 % | 37,2 % | 30,5 % | 35,2 % |
| Balance sheet total | 173 t€ | 182 t€ | 141 t€ | 137 t€ | 100 t€ | 102 t€ |
| Equity | 158 t€ | 169 t€ | 129 t€ | 133 t€ | 91 t€ | 69 t€ |
| Cash and bank | 96 t€ | 97 t€ | 59 t€ | 71 t€ | 42 t€ | 40 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 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 132 t€ | 158 t€ | 107 t€ | 136 t€ | 112 t€ | 67 t€ |
| Other operating income | 2 142 € | 7 360 € | 2 430 € | 3 315 € | 375 € | 2 250 € |
| Raw materials and services | 182 € | -1 351 € | -379 € | -343 € | -884 € | -36 € |
| Personnel expenses | 79 t€ | -55 t€ | -52 t€ | -39 t€ | -34 t€ | -19 t€ |
| Depreciations and reductions in value | 98 € | -131 € | -175 € | -1 733 € | -1 811 € | -1 914 € |
| Other operating expenses | 51 t€ | -47 t€ | -46 t€ | -39 t€ | -39 t€ | -25 t€ |
| Operating profit (loss) | 4 324 € | 61 t€ | 11 t€ | 59 t€ | 36 t€ | 23 t€ |
| Financial income and expenses + (-) | -220 € | 39 € | -15 € | -18 € | -21 € | 3 414 € |
| Profit (loss) before appropriations and taxes | 4 544 € | 61 t€ | 11 t€ | 59 t€ | 36 t€ | 27 t€ |
| Income taxes | 1 009 € | -11 t€ | -5 081 € | -9 819 € | -8 468 € | -2 556 € |
| Profit (loss) for the financial year | 3 535 € | 50 t€ | 6 051 € | 50 t€ | 28 t€ | 24 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Non-current assets | 295 € | 393 € | 524 € | 699 € | 2 432 € | 4 242 € |
| Receivables | 76 t€ | 85 t€ | 82 t€ | 65 t€ | 55 t€ | 57 t€ |
| Cash in hand and at banks | 96 t€ | 97 t€ | 59 t€ | 71 t€ | 42 t€ | 40 t€ |
| Current assets | 172 t€ | 182 t€ | 141 t€ | 136 t€ | 97 t€ | 97 t€ |
| Assets | 173 t€ | 182 t€ | 141 t€ | 137 t€ | 100 t€ | 102 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 158 t€ | 169 t€ | 129 t€ | 133 t€ | 91 t€ | 69 t€ |
| Short-term liabilities | 15 t€ | 14 t€ | 12 t€ | 3 350 € | 8 772 € | 33 t€ |
| Liabilities | 15 t€ | 14 t€ | 12 t€ | 3 350 € | 8 772 € | 33 t€ |
All financial statement items (40)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 132 t€ | 158 t€ | 107 t€ | 136 t€ | 112 t€ | 67 t€ |
| Other operating income | 2 142 € | 7 360 € | 2 430 € | 3 315 € | 375 € | 2 250 € |
| Raw materials and services | 182 € | -1 351 € | -379 € | -343 € | -884 € | -36 € |
| Personnel expenses | 79 t€ | -55 t€ | -52 t€ | -39 t€ | -34 t€ | -19 t€ |
| Depreciations and reductions in value | 98 € | -131 € | -175 € | -1 733 € | -1 811 € | -1 914 € |
| Other operating expenses | 51 t€ | -47 t€ | -46 t€ | -39 t€ | -39 t€ | -25 t€ |
| Operating profit (loss) | 4 324 € | 61 t€ | 11 t€ | 59 t€ | 36 t€ | 23 t€ |
| Financial income and expenses + (-) | -220 € | 39 € | -15 € | -18 € | -21 € | 3 414 € |
| Profit (loss) before appropriations and taxes | 4 544 € | 61 t€ | 11 t€ | 59 t€ | 36 t€ | 27 t€ |
| Income taxes | 1 009 € | -11 t€ | -5 081 € | -9 819 € | -8 468 € | -2 556 € |
| Profit (loss) for the financial year | 3 535 € | 50 t€ | 6 051 € | 50 t€ | 28 t€ | 24 t€ |
| Non-current assets | 295 € | 393 € | 524 € | 699 € | 2 432 € | 4 242 € |
| Receivables | 76 t€ | 85 t€ | 82 t€ | 65 t€ | 55 t€ | 57 t€ |
| Cash in hand and at banks | 96 t€ | 97 t€ | 59 t€ | 71 t€ | 42 t€ | 40 t€ |
| Current assets | 172 t€ | 182 t€ | 141 t€ | 136 t€ | 97 t€ | 97 t€ |
| Assets | 173 t€ | 182 t€ | 141 t€ | 137 t€ | 100 t€ | 102 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 158 t€ | 169 t€ | 129 t€ | 133 t€ | 91 t€ | 69 t€ |
| Short-term liabilities | 15 t€ | 14 t€ | 12 t€ | 3 350 € | 8 772 € | 33 t€ |
| Liabilities | 15 t€ | 14 t€ | 12 t€ | 3 350 € | 8 772 € | 33 t€ |
| Other current liabilities | 9 000 € | 7 600 € | 7 874 € | 694 € | 7 721 € | 31 t€ |
| Wages and salaries | 62 t€ | -36 t€ | -36 t€ | -24 t€ | -16 t€ | -8 000 € |
| Pension expenses | 15 t€ | -14 t€ | -13 t€ | -13 t€ | -16 t€ | -9 222 € |
| Tangible assets | 295 € | 393 € | 524 € | 699 € | 2 432 € | 4 242 € |
| Depreciations according to plan | 98 € | -131 € | -175 € | -1 733 € | -1 811 € | -1 914 € |
| Liabilities | 173 t€ | 182 t€ | 141 t€ | 137 t€ | 100 t€ | 102 t€ |
| Other short-term receivables | 24 t€ | 24 t€ | 25 t€ | 25 t€ | 18 t€ | 1 544 € |
| Other social security expenses | 1 565 € | -5 322 € | -2 895 € | -2 330 € | -2 638 € | -2 100 € |
| Profit (loss) for the period, equity | 3 535 € | 50 t€ | 6 051 € | 50 t€ | 28 t€ | 24 t€ |
| Retained earnings | 152 t€ | 116 t€ | 120 t€ | 81 t€ | 61 t€ | 42 t€ |
| Purchases during the financial year | 182 € | -1 351 € | -379 € | -343 € | -884 € | -36 € |
| Short-term prepayments and accrued income | 33 t€ | 38 t€ | 31 t€ | 20 t€ | 20 t€ | 20 t€ |
| Other interest and financial income from non-group companies | 225 € | 52 € | 0 € | 0 € | 1 € | 3 416 € |
| Short-term accrued expenses and deferred income | 3 000 € | 3 000 € | 3 000 € | 2 657 € | 270 € | 1 231 € |
| Short-term sales receivables | 1 886 € | 6 135 € | 9 383 € | 3 132 € | 0 € | 2 222 € |
| Short-term receivables | 76 t€ | 85 t€ | 82 t€ | 65 t€ | 55 t€ | 57 t€ |
| Short-term loan receivables | 17 t€ | 17 t€ | 17 t€ | 17 t€ | 17 t€ | 34 t€ |
| Interest expenses and other financial expenses for non-Group companies | 5 € | -13 € | -15 € | -18 € | -21 € | -2 € |
| Machinery and equipment | 295 € | 393 € | 524 € | 699 € | 2 432 € | 4 242 € |
| Short-term accounts payable | 2 921 € | 3 106 € | 1 522 € | 0 € | 781 € | 73 € |
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, Helsing Music Ab is in the top quarter of the industry class other performing arts (411 companies with taxable income; median 13 t€, 4,9 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.
Sales to public buyers
Largest buyers
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