Etelä-Savon Yrityskehitys Oy is a limited company based in Mikkeli, registered in 2016. In the financial year ending 31.12.2025, revenue was 5 015 € and operating profit -3 199 €; equity ratio 77.1 %.
Revenue 20255 015 €-82 % on the previous year
Operating profit-3 199 €-63,8 % of revenue
Net profit-3 259 €EBITDA -3 199 €
Equity ratio77,1 %quick ratio 4,38
In business10 yrsregistered 2.3.2016
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Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 |
|---|---|---|---|---|
| Revenue | 5 015 € | 29 t€ | 33 t€ | 42 t€ |
| Revenue change | -82,4 % | -14,4 % | -19,8 % | – |
| EBITDA | -3 199 € | -6 894 € | 229 € | 132 € |
| EBITDA % | -63,8 % | -24,2 % | 0,7 % | 0,3 % |
| Operating profit | -3 199 € | -6 894 € | 229 € | 132 € |
| Operating margin | -63,8 % | -24,2 % | 0,7 % | 0,3 % |
| Net profit | -3 259 € | -6 973 € | 158 € | 18 € |
| Personnel costs | -1 817 € | 21 t€ | 15 t€ | 22 t€ |
| Equity ratio | 77,1 % | 62,7 % | 69,8 % | 77,0 % |
| Quick ratio | 4,38 | 2,68 | 3,27 | 4,28 |
| Current ratio | 4,38 | 2,68 | 3,27 | 4,28 |
| Debt to revenue | 16,3 % | 12,5 % | 16,9 % | 9,2 % |
| Return on equity | -118,1 % | -115,8 % | 1,2 % | 0,1 % |
| Balance sheet total | 3 578 € | 9 595 € | 19 t€ | 17 t€ |
| Equity | 2 761 € | 6 020 € | 13 t€ | 13 t€ |
| Cash and bank | 3 532 € | 8 969 € | 7 843 € | 3 220 € |
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 | 5 015 € | 29 t€ | 33 t€ | 42 t€ |
| Other operating income | 0 € | 990 € | 400 € | 5 000 € |
| Raw materials and services | 398 € | -1 020 € | 0 € | – |
| Personnel expenses | 1 817 € | -21 t€ | -15 t€ | -22 t€ |
| Other operating expenses | 6 000 € | -14 t€ | -19 t€ | -25 t€ |
| Operating profit (loss) | -3 199 € | -6 894 € | 229 € | 132 € |
| Financial income and expenses + (-) | 60 € | -80 € | -32 € | -9 € |
| Profit (loss) before appropriations and taxes | -3 259 € | -6 973 € | 197 € | 123 € |
| Income taxes | – | 0 € | -39 € | -105 € |
| Profit (loss) for the financial year | -3 259 € | -6 973 € | 158 € | 18 € |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|---|
| Non-current assets | – | 0 € | 250 € | 250 € |
| Receivables | 46 € | 626 € | 11 t€ | 13 t€ |
| Cash in hand and at banks | 3 532 € | 8 969 € | 7 843 € | 3 220 € |
| Current assets | 3 578 € | 9 595 € | 18 t€ | 16 t€ |
| Assets | 3 578 € | 9 595 € | 19 t€ | 17 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 2 761 € | 6 020 € | 13 t€ | 13 t€ |
| Short-term liabilities | 818 € | 3 575 € | 5 609 € | 3 831 € |
| Liabilities | 818 € | 3 575 € | 5 609 € | 3 831 € |
All financial statement items (36)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|---|
| Turnover | 5 015 € | 29 t€ | 33 t€ | 42 t€ |
| Other operating income | 0 € | 990 € | 400 € | 5 000 € |
| Raw materials and services | 398 € | -1 020 € | 0 € | – |
| Personnel expenses | 1 817 € | -21 t€ | -15 t€ | -22 t€ |
| Other operating expenses | 6 000 € | -14 t€ | -19 t€ | -25 t€ |
| Operating profit (loss) | -3 199 € | -6 894 € | 229 € | 132 € |
| Financial income and expenses + (-) | 60 € | -80 € | -32 € | -9 € |
| Profit (loss) before appropriations and taxes | -3 259 € | -6 973 € | 197 € | 123 € |
| Income taxes | – | 0 € | -39 € | -105 € |
| Profit (loss) for the financial year | -3 259 € | -6 973 € | 158 € | 18 € |
| Non-current assets | – | 0 € | 250 € | 250 € |
| Receivables | 46 € | 626 € | 11 t€ | 13 t€ |
| Cash in hand and at banks | 3 532 € | 8 969 € | 7 843 € | 3 220 € |
| Current assets | 3 578 € | 9 595 € | 18 t€ | 16 t€ |
| Assets | 3 578 € | 9 595 € | 19 t€ | 17 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 2 761 € | 6 020 € | 13 t€ | 13 t€ |
| Short-term liabilities | 818 € | 3 575 € | 5 609 € | 3 831 € |
| Liabilities | 818 € | 3 575 € | 5 609 € | 3 831 € |
| Shares in participating interest company | – | 0 € | 250 € | 250 € |
| Profit (loss) for the period, equity | -3 259 € | -6 973 € | 158 € | 18 € |
| Pension expenses | 1 687 € | -4 137 € | -4 804 € | -6 013 € |
| Short-term accounts payable | 24 € | 428 € | 805 € | 936 € |
| Short-term prepayments and accrued income | – | – | 0 € | 2 378 € |
| Liabilities | 3 578 € | 9 595 € | 19 t€ | 17 t€ |
| Other interest and financial income from non-group companies | 0 € | 42 € | -21 € | 0 € |
| Interest expenses and other financial expenses for non-Group companies | 60 € | -122 € | -11 € | -9 € |
| Short-term sales receivables | 0 € | 580 € | 11 t€ | 11 t€ |
| Other current liabilities | 794 € | 3 147 € | 4 804 € | 2 896 € |
| Short-term receivables | 46 € | 626 € | 11 t€ | 13 t€ |
| Retained earnings | 3 520 € | 10 t€ | 10 t€ | 10 t€ |
| Other short-term receivables | 46 € | 46 € | 0 € | – |
| Investments | – | 0 € | 250 € | 250 € |
| Services purchased | 398 € | -1 020 € | 0 € | – |
| Other social security expenses | 130 € | -324 € | -265 € | -332 € |
| Wages and salaries | 0 € | -17 t€ | -9 500 € | -16 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.