Stedo Ab is a limited company based in Luoto, registered in 2015. In the financial year ending 31.12.2024, revenue was 552 t€ and operating profit 23 t€; equity ratio 72.7 %. Its taxable income in 2024 was 23 t€ and its income taxes 4 451 €.
Financials
| Key figures | 31.12.2024 | 31.12.2023 | 31.12.2022 |
|---|---|---|---|
| Revenue | 552 t€ | 538 t€ | 466 t€ |
| Revenue change | 2,6 % | 15,5 % | – |
| EBITDA | 24 t€ | 6 664 € | 16 t€ |
| EBITDA % | 4,4 % | 1,2 % | 3,5 % |
| Operating profit | 23 t€ | 4 021 € | 14 t€ |
| Operating margin | 4,1 % | 0,7 % | 3,0 % |
| Net profit | 18 t€ | 2 973 € | 11 t€ |
| Personnel costs | 73 t€ | 72 t€ | 70 t€ |
| Equity ratio | 72,7 % | 86,8 % | 86,6 % |
| Quick ratio | 1,95 | 6,53 | 0,53 |
| Current ratio | 2,24 | 6,53 | 1,89 |
| Debt to revenue | 4,6 % | 1,5 % | 1,8 % |
| Return on equity | 26,5 % | 5,5 % | 19,4 % |
| Balance sheet total | 118 t€ | 63 t€ | 110 t€ |
| Equity | 68 t€ | 54 t€ | 56 t€ |
| Cash and bank | 3 774 € | 7 849 € | 21 t€ |
Balance sheet
Income statement and balance sheet
Income statement
| 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|
| Turnover | 552 t€ | 538 t€ | 466 t€ |
| Other operating income | 2 606 € | 0 € | – |
| Raw materials and services | -403 t€ | -412 t€ | -338 t€ |
| Personnel expenses | -73 t€ | -72 t€ | -70 t€ |
| Depreciations and reductions in value | -1 902 € | -2 643 € | -2 420 € |
| Other operating expenses | -55 t€ | -48 t€ | -42 t€ |
| Operating profit (loss) | 23 t€ | 4 021 € | 14 t€ |
| Financial income and expenses + (-) | 107 € | -273 € | -370 € |
| Profit (loss) before appropriations and taxes | 23 t€ | 3 748 € | 14 t€ |
| Income taxes | -4 536 € | -776 € | -2 728 € |
| Profit (loss) for the financial year | 18 t€ | 2 973 € | 11 t€ |
Balance sheet
| 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|
| Non-current assets | 6 370 € | 8 756 € | 7 259 € |
| Stocks | 14 t€ | 0 € | 74 t€ |
| Receivables | 45 t€ | 34 t€ | 5 789 € |
| Cash in hand and at banks | 3 774 € | 7 849 € | 21 t€ |
| Current assets | 112 t€ | 54 t€ | 103 t€ |
| Assets | 118 t€ | 63 t€ | 110 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 68 t€ | 54 t€ | 56 t€ |
| Short-term liabilities | 50 t€ | 8 271 € | 54 t€ |
| Liabilities | 50 t€ | 8 271 € | 54 t€ |
All financial statement items (48)
| 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|
| Turnover | 552 t€ | 538 t€ | 466 t€ |
| Other operating income | 2 606 € | 0 € | – |
| Raw materials and services | -403 t€ | -412 t€ | -338 t€ |
| Personnel expenses | -73 t€ | -72 t€ | -70 t€ |
| Depreciations and reductions in value | -1 902 € | -2 643 € | -2 420 € |
| Other operating expenses | -55 t€ | -48 t€ | -42 t€ |
| Operating profit (loss) | 23 t€ | 4 021 € | 14 t€ |
| Financial income and expenses + (-) | 107 € | -273 € | -370 € |
| Profit (loss) before appropriations and taxes | 23 t€ | 3 748 € | 14 t€ |
| Income taxes | -4 536 € | -776 € | -2 728 € |
| Profit (loss) for the financial year | 18 t€ | 2 973 € | 11 t€ |
| Non-current assets | 6 370 € | 8 756 € | 7 259 € |
| Stocks | 14 t€ | 0 € | 74 t€ |
| Receivables | 45 t€ | 34 t€ | 5 789 € |
| Cash in hand and at banks | 3 774 € | 7 849 € | 21 t€ |
| Current assets | 112 t€ | 54 t€ | 103 t€ |
| Assets | 118 t€ | 63 t€ | 110 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 68 t€ | 54 t€ | 56 t€ |
| Short-term liabilities | 50 t€ | 8 271 € | 54 t€ |
| Liabilities | 50 t€ | 8 271 € | 54 t€ |
| Depreciations according to plan | -1 902 € | -2 643 € | -2 420 € |
| Short-term sales receivables | 44 t€ | 23 t€ | 1 240 € |
| Pension expenses | -6 800 € | -4 796 € | -3 739 € |
| Profit (loss) for the period, equity | 18 t€ | 2 973 € | 11 t€ |
| Interest expenses and other financial expenses for non-Group companies | -229 € | -273 € | -371 € |
| Short-term receivables | 45 t€ | 34 t€ | 5 789 € |
| Liabilities | 118 t€ | 63 t€ | 110 t€ |
| Inventory increase (+) or decrease (-) | 14 t€ | -74 t€ | 35 t€ |
| Wages and salaries | -64 t€ | -65 t€ | -64 t€ |
| Services purchased | -3 892 € | -3 096 € | -6 446 € |
| Short-term advances received | 24 t€ | 0 € | 46 t€ |
| Other social security expenses | -1 991 € | -1 854 € | -1 548 € |
| Tangible assets | 6 370 € | 8 756 € | 7 259 € |
| Short-term accounts payable | 17 t€ | 3 794 € | 437 € |
| Short-term accrued expenses and deferred income | 1 723 € | 0 € | – |
| Other short-term receivables | 0 € | 81 € | 0 € |
| Other interest and financial income from non-group companies | 336 € | 0 € | 1 € |
| Shares and holdings | 49 t€ | 12 t€ | 1 800 € |
| Other current liabilities | 6 778 € | 4 477 € | 8 178 € |
| Purchases during the financial year | -414 t€ | -335 t€ | -367 t€ |
| Work in progress | 14 t€ | 0 € | 74 t€ |
| Short-term prepayments and accrued income | 200 € | 9 675 € | 4 549 € |
| Machinery and equipment | 3 720 € | 5 444 € | 7 259 € |
| Buildings and structures, Owned | 2 650 € | 3 312 € | 0 € |
| Retained earnings | 48 t€ | 49 t€ | 43 t€ |
| Short-term loan receivables | 713 € | 1 059 € | 0 € |
| Other shares, financial securities | 49 t€ | 12 t€ | 1 800 € |
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, Stedo Ab is in the lower half of the industry class manufacture of doors and windows of metal (37 companies with taxable income; median 44 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.
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