Järviseudun Sähköasennus Oy is a limited company based in Alajärvi, registered in 2015. In the financial year ending 31.8.2025, revenue was 533 t€ and operating profit 32 t€; equity ratio 72.0 %. Its taxable income in 2024 was 27 t€ and its income taxes 5 368 €. Public buyers bought 278 € from it in 2023–2023; the largest buyer is Työllisyys, kehittämis- ja hallintokeskus (Työ- ja elinkeinoministeriön hallinnonala).
Financials
| Key figures | 31.8.2025 | 31.8.2024 | 31.8.2023 |
|---|---|---|---|
| Revenue | 533 t€ | 782 t€ | 807 t€ |
| Revenue change | -31,8 % | -3,1 % | – |
| EBITDA | 34 t€ | 32 t€ | 8 022 € |
| EBITDA % | 6,4 % | 4,1 % | 1,0 % |
| Operating profit | 32 t€ | 29 t€ | 3 704 € |
| Operating margin | 6,0 % | 3,7 % | 0,5 % |
| Net profit | 25 t€ | 21 t€ | 2 182 € |
| Personnel costs | 172 t€ | 240 t€ | 291 t€ |
| Equity ratio | 72,0 % | 59,8 % | 52,5 % |
| Quick ratio | 2,30 | 1,49 | 1,01 |
| Current ratio | 3,77 | 2,61 | 2,20 |
| Debt to revenue | 12,2 % | 13,3 % | 16,2 % |
| Return on equity | 15,0 % | 13,9 % | 1,5 % |
| Balance sheet total | 232 t€ | 258 t€ | 275 t€ |
| Equity | 167 t€ | 154 t€ | 144 t€ |
| Cash and bank | 61 t€ | 46 t€ | 29 t€ |
Balance sheet
Income statement and balance sheet
Income statement
| 31.8.2025 | 31.8.2024 | 31.8.2023 | |
|---|---|---|---|
| Turnover | 533 t€ | 782 t€ | 807 t€ |
| Other operating income | 0 € | 360 € | 3 040 € |
| Raw materials and services | -252 t€ | -403 t€ | -392 t€ |
| Personnel expenses | -172 t€ | -240 t€ | -291 t€ |
| Depreciations and reductions in value | -2 429 € | -3 239 € | -4 318 € |
| Other operating expenses | -73 t€ | -88 t€ | -119 t€ |
| Operating profit (loss) | 32 t€ | 29 t€ | 3 704 € |
| Financial income and expenses + (-) | -386 € | -1 778 € | -943 € |
| Profit (loss) before appropriations and taxes | 31 t€ | 27 t€ | 2 761 € |
| Income taxes | -6 268 € | -5 368 € | -579 € |
| Profit (loss) for the financial year | 25 t€ | 21 t€ | 2 182 € |
Balance sheet
| 31.8.2025 | 31.8.2024 | 31.8.2023 | |
|---|---|---|---|
| Non-current assets | 7 287 € | 9 716 € | 13 t€ |
| Stocks | 88 t€ | 107 t€ | 142 t€ |
| Receivables | 77 t€ | 95 t€ | 91 t€ |
| Cash in hand and at banks | 61 t€ | 46 t€ | 29 t€ |
| Current assets | 225 t€ | 249 t€ | 262 t€ |
| Assets | 232 t€ | 258 t€ | 275 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 167 t€ | 154 t€ | 144 t€ |
| Long-term liabilities | 5 414 € | 8 773 € | 11 t€ |
| Short-term liabilities | 60 t€ | 95 t€ | 119 t€ |
| Liabilities | 65 t€ | 104 t€ | 131 t€ |
All financial statement items (49)
| 31.8.2025 | 31.8.2024 | 31.8.2023 | |
|---|---|---|---|
| Turnover | 533 t€ | 782 t€ | 807 t€ |
| Other operating income | 0 € | 360 € | 3 040 € |
| Raw materials and services | -252 t€ | -403 t€ | -392 t€ |
| Personnel expenses | -172 t€ | -240 t€ | -291 t€ |
| Depreciations and reductions in value | -2 429 € | -3 239 € | -4 318 € |
| Other operating expenses | -73 t€ | -88 t€ | -119 t€ |
| Operating profit (loss) | 32 t€ | 29 t€ | 3 704 € |
| Financial income and expenses + (-) | -386 € | -1 778 € | -943 € |
| Profit (loss) before appropriations and taxes | 31 t€ | 27 t€ | 2 761 € |
| Income taxes | -6 268 € | -5 368 € | -579 € |
| Profit (loss) for the financial year | 25 t€ | 21 t€ | 2 182 € |
| Non-current assets | 7 287 € | 9 716 € | 13 t€ |
| Stocks | 88 t€ | 107 t€ | 142 t€ |
| Receivables | 77 t€ | 95 t€ | 91 t€ |
| Cash in hand and at banks | 61 t€ | 46 t€ | 29 t€ |
| Current assets | 225 t€ | 249 t€ | 262 t€ |
| Assets | 232 t€ | 258 t€ | 275 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 167 t€ | 154 t€ | 144 t€ |
| Long-term liabilities | 5 414 € | 8 773 € | 11 t€ |
| Short-term liabilities | 60 t€ | 95 t€ | 119 t€ |
| Liabilities | 65 t€ | 104 t€ | 131 t€ |
| Purchases during the financial year | -207 t€ | -352 t€ | -353 t€ |
| Depreciations according to plan | -2 429 € | -3 239 € | -4 318 € |
| Change in stocks of products + (-) | -1 585 € | -20 t€ | 0 € |
| Pension expenses | -16 t€ | -29 t€ | -40 t€ |
| Short-term sales receivables | 40 t€ | 94 t€ | 88 t€ |
| Tangible assets | 7 287 € | 9 716 € | 13 t€ |
| Wages and salaries | -148 t€ | -201 t€ | -241 t€ |
| Short-term loan receivables | 35 t€ | 0 € | – |
| Other short-term receivables | 0 € | 350 € | 350 € |
| Profit (loss) for the period, equity | 25 t€ | 21 t€ | 2 182 € |
| Other social security expenses | -7 475 € | -9 463 € | -11 t€ |
| Short-term liabilities to credit institutions | 3 248 € | 2 935 € | 2 962 € |
| Short-term accounts payable | 12 t€ | 36 t€ | 46 t€ |
| Machinery and equipment | 7 287 € | 9 716 € | 13 t€ |
| Other interest and financial income from non-group companies | 414 € | 19 € | 0 € |
| Liabilities | 232 t€ | 258 t€ | 275 t€ |
| Services purchased | -28 t€ | -36 t€ | -73 t€ |
| Short-term prepayments and accrued income | 1 224 € | 1 081 € | 3 141 € |
| Retained earnings | 140 t€ | 130 t€ | 140 t€ |
| Work in progress | 10 t€ | 12 t€ | 31 t€ |
| Inventory increase (+) or decrease (-) | -17 t€ | -15 t€ | 35 t€ |
| Short-term accrued expenses and deferred income | 33 t€ | 39 t€ | 36 t€ |
| Long-term liabilities to credit institutions | 5 414 € | 8 773 € | 11 t€ |
| Short-term receivables | 77 t€ | 95 t€ | 91 t€ |
| Other current liabilities | 12 t€ | 17 t€ | 34 t€ |
| Materials and supplies | 78 t€ | 95 t€ | 111 t€ |
| Interest expenses and other financial expenses for non-Group companies | -800 € | -1 797 € | -943 € |
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, Järviseudun Sähköasennus Oy is in the upper half of the industry class electrical installation (1751 companies with taxable income; median 23 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.
Sales to public buyers
Largest buyers
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