Sähköasennus Sipilä Oy is a limited company based in Lapua, registered in 2016. In the financial year ending 31.12.2025, revenue was 213 t€ and operating profit 9 117 €; equity ratio 47.1 %.
Revenue 2025213 t€+3 % on the previous year
Operating profit9 117 €4,3 % of revenue
Net profit3 667 €EBITDA 2 410 €
Equity ratio47,1 %quick ratio 0,61
Taxable income 20240 €
-100 % on the previous year
Income taxes 20240 €12 t€ in 2020–2024
In business10 yrsregistered 4.1.2016
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 |
|---|---|---|---|---|---|
| Revenue | 213 t€ | 206 t€ | 286 t€ | 369 t€ | 354 t€ |
| Revenue change | 3,0 % | -28,0 % | -22,4 % | 4,2 % | – |
| EBITDA | 2 410 € | -3 908 € | 15 t€ | 42 t€ | 38 t€ |
| EBITDA % | 1,1 % | -1,9 % | 5,3 % | 11,4 % | 10,7 % |
| Operating profit | 9 117 € | -9 406 € | 11 t€ | 37 t€ | 31 t€ |
| Operating margin | 4,3 % | -4,6 % | 3,9 % | 10,0 % | 8,9 % |
| Net profit | 3 667 € | -14 t€ | 5 570 € | 27 t€ | 24 t€ |
| Personnel costs | -47 t€ | 53 t€ | 48 t€ | 50 t€ | 46 t€ |
| Equity ratio | 47,1 % | 42,5 % | 45,1 % | 37,6 % | 26,4 % |
| Quick ratio | 0,61 | 0,75 | 1,41 | 1,43 | 1,23 |
| Current ratio | 1,06 | 1,24 | 1,77 | 1,77 | 1,71 |
| Debt to revenue | 33,4 % | 39,0 % | 31,3 % | 33,2 % | 36,8 % |
| Return on equity | 5,8 % | -23,7 % | 7,6 % | 36,4 % | 50,6 % |
| Balance sheet total | 134 t€ | 140 t€ | 163 t€ | 196 t€ | 177 t€ |
| Equity | 63 t€ | 59 t€ | 74 t€ | 74 t€ | 47 t€ |
| Cash and bank | 12 t€ | 7 368 € | 27 t€ | 17 t€ | 23 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 | |
|---|---|---|---|---|---|
| Turnover | 213 t€ | 206 t€ | 286 t€ | 369 t€ | 354 t€ |
| Other operating income | 1 912 € | 0 € | – | 0 € | 651 € |
| Raw materials and services | 107 t€ | -111 t€ | -183 t€ | -225 t€ | -227 t€ |
| Personnel expenses | 47 t€ | -53 t€ | -48 t€ | -50 t€ | -46 t€ |
| Depreciations and reductions in value | 6 707 € | -5 498 € | -3 886 € | -5 108 € | -6 515 € |
| Other operating expenses | 44 t€ | -46 t€ | -40 t€ | -52 t€ | -43 t€ |
| Operating profit (loss) | 9 117 € | -9 406 € | 11 t€ | 37 t€ | 31 t€ |
| Financial income and expenses + (-) | 5 450 € | -4 677 € | -4 248 € | -3 275 € | -4 084 € |
| Profit (loss) before appropriations and taxes | 3 667 € | -14 t€ | 7 038 € | 34 t€ | 27 t€ |
| Income taxes | – | 0 € | -1 468 € | -6 865 € | -3 679 € |
| Profit (loss) for the financial year | 3 667 € | -14 t€ | 5 570 € | 27 t€ | 24 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|---|---|
| Non-current assets | 97 t€ | 103 t€ | 89 t€ | 93 t€ | 96 t€ |
| Stocks | 16 t€ | 14 t€ | 15 t€ | 20 t€ | 23 t€ |
| Receivables | 9 485 € | 15 t€ | 32 t€ | 66 t€ | 35 t€ |
| Cash in hand and at banks | 12 t€ | 7 368 € | 27 t€ | 17 t€ | 23 t€ |
| Current assets | 37 t€ | 36 t€ | 75 t€ | 104 t€ | 81 t€ |
| Assets | 134 t€ | 140 t€ | 163 t€ | 196 t€ | 177 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 63 t€ | 59 t€ | 74 t€ | 74 t€ | 47 t€ |
| Long-term liabilities | 36 t€ | 51 t€ | 48 t€ | 64 t€ | 83 t€ |
| Short-term liabilities | 35 t€ | 29 t€ | 42 t€ | 58 t€ | 47 t€ |
| Liabilities | 71 t€ | 80 t€ | 90 t€ | 122 t€ | 130 t€ |
All financial statement items (52)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|---|---|
| Turnover | 213 t€ | 206 t€ | 286 t€ | 369 t€ | 354 t€ |
| Other operating income | 1 912 € | 0 € | – | 0 € | 651 € |
| Raw materials and services | 107 t€ | -111 t€ | -183 t€ | -225 t€ | -227 t€ |
| Personnel expenses | 47 t€ | -53 t€ | -48 t€ | -50 t€ | -46 t€ |
| Depreciations and reductions in value | 6 707 € | -5 498 € | -3 886 € | -5 108 € | -6 515 € |
| Other operating expenses | 44 t€ | -46 t€ | -40 t€ | -52 t€ | -43 t€ |
| Operating profit (loss) | 9 117 € | -9 406 € | 11 t€ | 37 t€ | 31 t€ |
| Financial income and expenses + (-) | 5 450 € | -4 677 € | -4 248 € | -3 275 € | -4 084 € |
| Profit (loss) before appropriations and taxes | 3 667 € | -14 t€ | 7 038 € | 34 t€ | 27 t€ |
| Income taxes | – | 0 € | -1 468 € | -6 865 € | -3 679 € |
| Profit (loss) for the financial year | 3 667 € | -14 t€ | 5 570 € | 27 t€ | 24 t€ |
| Non-current assets | 97 t€ | 103 t€ | 89 t€ | 93 t€ | 96 t€ |
| Stocks | 16 t€ | 14 t€ | 15 t€ | 20 t€ | 23 t€ |
| Receivables | 9 485 € | 15 t€ | 32 t€ | 66 t€ | 35 t€ |
| Cash in hand and at banks | 12 t€ | 7 368 € | 27 t€ | 17 t€ | 23 t€ |
| Current assets | 37 t€ | 36 t€ | 75 t€ | 104 t€ | 81 t€ |
| Assets | 134 t€ | 140 t€ | 163 t€ | 196 t€ | 177 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 63 t€ | 59 t€ | 74 t€ | 74 t€ | 47 t€ |
| Long-term liabilities | 36 t€ | 51 t€ | 48 t€ | 64 t€ | 83 t€ |
| Short-term liabilities | 35 t€ | 29 t€ | 42 t€ | 58 t€ | 47 t€ |
| Liabilities | 71 t€ | 80 t€ | 90 t€ | 122 t€ | 130 t€ |
| Other current liabilities | 2 331 € | 7 230 € | 5 026 € | 6 031 € | 7 067 € |
| Inventory increase (+) or decrease (-) | -1 768 € | -994 € | -4 775 € | -2 601 € | 2 988 € |
| Liabilities | 134 t€ | 140 t€ | 163 t€ | 196 t€ | 177 t€ |
| Long-term liabilities to credit institutions | 32 t€ | 51 t€ | 48 t€ | 64 t€ | 83 t€ |
| Short-term receivables | 9 485 € | 15 t€ | 32 t€ | 66 t€ | 35 t€ |
| Other short-term receivables | 0 € | 835 € | 1 915 € | 1 453 € | 11 t€ |
| Other long-term liabilities | 4 000 € | 0 € | – | – | – |
| Other interest and financial income from non-group companies | 10 € | 57 € | 2 € | 5 € | 1 € |
| Machinery and equipment | 20 t€ | 26 t€ | 12 t€ | 16 t€ | 20 t€ |
| Retained earnings | 57 t€ | 71 t€ | 66 t€ | 44 t€ | 21 t€ |
| Short-term accounts payable | 9 251 € | 1 417 € | 19 t€ | 31 t€ | 15 t€ |
| Wages and salaries | 37 t€ | -44 t€ | -40 t€ | -43 t€ | -38 t€ |
| Intangible assets | 495 € | 495 € | 495 € | 495 € | 0 € |
| Other shares and similar rights of ownership | 76 t€ | 76 t€ | 76 t€ | 76 t€ | 76 t€ |
| Short-term sales receivables | 7 610 € | 7 776 € | 21 t€ | 59 t€ | 24 t€ |
| Profit (loss) for the period, equity | 3 667 € | -14 t€ | 5 570 € | 27 t€ | 24 t€ |
| Interest expenses and other financial expenses for non-Group companies | 5 460 € | -4 733 € | -4 250 € | -3 280 € | -4 085 € |
| Pension expenses | 6 558 € | -5 611 € | -5 190 € | -4 167 € | -5 840 € |
| Short-term prepayments and accrued income | 1 875 € | 6 205 € | 9 511 € | 6 027 € | 250 € |
| Other social security expenses | 4 031 € | -3 372 € | -3 249 € | -2 553 € | -2 055 € |
| Services purchased | 0 € | -2 748 € | -2 985 € | -10 t€ | -18 t€ |
| Tangible assets | 20 t€ | 26 t€ | 12 t€ | 16 t€ | 20 t€ |
| Purchases during the financial year | 109 t€ | -108 t€ | -176 t€ | -212 t€ | -212 t€ |
| Materials and supplies | 16 t€ | 14 t€ | 15 t€ | 20 t€ | 23 t€ |
| Short-term liabilities to credit institutions | 24 t€ | 21 t€ | 18 t€ | 19 t€ | 18 t€ |
| Short-term loan receivables | – | – | – | 0 € | 445 € |
| Short-term accrued expenses and deferred income | 153 € | 195 € | 241 € | 1 999 € | 7 423 € |
| Depreciations according to plan | 6 707 € | -5 498 € | -3 886 € | -5 108 € | -6 515 € |
| Intangible rights | 495 € | 495 € | 495 € | 495 € | 0 € |
| Investments | 76 t€ | 76 t€ | 76 t€ | 76 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
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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