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Finnish GeoSynthetics Services Oy

Limited company. Wholesale of construction materials without specialisation on any specific product group.

Finnish GeoSynthetics Services Oy is a limited company based in Espoo, registered in 2016. In the financial year ending 31.12.2025, revenue was 182 t€ and operating profit 101 t€; equity ratio 99.0 %. Its taxable income in 2024 was 49 t€ and its income taxes 9 738 €.

Revenue 2025182 t€+58 % on the previous year
Operating profit101 t€55,4 % of revenue
Net profit80 t€EBITDA 101 t€
Equity ratio99,0 %quick ratio 84,87
Taxable income 202449 t€ upper half of its industry
Income taxes 20249 738 €194 t€ in 2020–2024
In business10 yrsregistered 28.6.2016

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Financials

0 €79 t€115 t€182 t€182 t€875 t€38 t€48 t€101 t€698 t€30 t€38 t€80 t€2022202320242025
RevenueOperating profitNet profit
Key figures31.12.202531.12.202431.12.202331.12.2022
Revenue182 t€115 t€79 t€0 €
Revenue change57,6 %45,4 %––
EBITDA101 t€57 t€49 t€875 t€
EBITDA %55,4 %49,0 %61,3 %–
Operating profit101 t€48 t€38 t€875 t€
Operating margin55,4 %41,8 %47,3 %–
Net profit80 t€38 t€30 t€698 t€
Personnel costs-59 t€41 t€21 t€0 €
Equity ratio99,0 %98,5 %98,8 %100,0 %
Quick ratio84,8764,4879,493980,13
Current ratio84,8764,4879,493980,13
Debt to revenue4,0 %9,8 %11,7 %–
Return on equity10,5 %5,2 %3,9 %87,4 %
Balance sheet total769 t€753 t€773 t€798 t€
Equity762 t€741 t€764 t€798 t€
Cash and bank495 t€468 t€338 t€148 t€

Balance sheet

798 t€773 t€753 t€769 t€769 t€798 t€764 t€741 t€762 t€148 t€338 t€468 t€495 t€2022202320242025
Balance sheet totalEquityCash
Income statement and balance sheet

Income statement

31.12.202531.12.202431.12.202331.12.2022
Turnover182 t€115 t€79 t€0 €
Other operating income1 652 €0 €0 €884 t€
Personnel expenses59 t€-41 t€-21 t€0 €
Depreciations and reductions in value0 €-8 316 €-11 t€0 €
Other operating expenses24 t€-18 t€-10 t€-8 859 €
Operating profit (loss)101 t€48 t€38 t€875 t€
Financial income and expenses + (-)360 €-156 €0 €-43 €
Profit (loss) before appropriations and taxes100 t€48 t€38 t€875 t€
Income taxes21 t€-9 738 €-7 577 €-177 t€
Profit (loss) for the financial year80 t€38 t€30 t€698 t€

Balance sheet

31.12.202531.12.202431.12.202331.12.2022
Non-current assets147 t€25 t€33 t€0 €
Receivables127 t€260 t€402 t€650 t€
Cash in hand and at banks495 t€468 t€338 t€148 t€
Current assets622 t€728 t€740 t€798 t€
Assets769 t€753 t€773 t€798 t€
Share capital or other similar capital2 500 €2 500 €2 500 €2 500 €
Capital and reserves762 t€741 t€764 t€798 t€
Short-term liabilities7 332 €11 t€9 310 €201 €
Liabilities7 332 €11 t€9 310 €201 €
All financial statement items (42)
31.12.202531.12.202431.12.202331.12.2022
Turnover182 t€115 t€79 t€0 €
Other operating income1 652 €0 €0 €884 t€
Personnel expenses59 t€-41 t€-21 t€0 €
Depreciations and reductions in value0 €-8 316 €-11 t€0 €
Other operating expenses24 t€-18 t€-10 t€-8 859 €
Operating profit (loss)101 t€48 t€38 t€875 t€
Financial income and expenses + (-)360 €-156 €0 €-43 €
Profit (loss) before appropriations and taxes100 t€48 t€38 t€875 t€
Income taxes21 t€-9 738 €-7 577 €-177 t€
Profit (loss) for the financial year80 t€38 t€30 t€698 t€
Non-current assets147 t€25 t€33 t€0 €
Receivables127 t€260 t€402 t€650 t€
Cash in hand and at banks495 t€468 t€338 t€148 t€
Current assets622 t€728 t€740 t€798 t€
Assets769 t€753 t€773 t€798 t€
Share capital or other similar capital2 500 €2 500 €2 500 €2 500 €
Capital and reserves762 t€741 t€764 t€798 t€
Short-term liabilities7 332 €11 t€9 310 €201 €
Liabilities7 332 €11 t€9 310 €201 €
Long-term receivables from participating interests120 t€250 t€400 t€400 t€
Profit (loss) for the period, equity80 t€38 t€30 t€698 t€
Machinery and equipment0 €25 t€33 t€0 €
Other shares and similar rights of ownership147 t€0 €––
Pension expenses4 320 €-3 952 €-2 069 €0 €
Short-term accounts payable256 €395 €103 €12 €
Short-term prepayments and accrued income0 €45 €133 €0 €
Liabilities769 t€753 t€773 t€798 t€
Short-term accrued expenses and deferred income230 €9 738 €7 577 €188 €
Short-term sales receivables6 744 €9 616 €2 099 €0 €
Interest expenses and other financial expenses for non-Group companies361 €-156 €0 €-43 €
Long-term receivables120 t€250 t€400 t€400 t€
Other current liabilities6 845 €1 151 €1 631 €0 €
Current receivables from participating interests––0 €250 t€
Short-term receivables6 911 €9 726 €2 386 €250 t€
Other short-term receivables166 €64 €154 €0 €
Retained earnings679 t€700 t€732 t€98 t€
Investments147 t€0 €––
Depreciations according to plan0 €-8 316 €-11 t€0 €
Tangible assets0 €25 t€33 t€0 €
Other interest and financial income from non-group companies0 €0 €0 €0 €
Other social security expenses1 337 €-752 €-471 €0 €
Wages and salaries53 t€-36 t€-18 t€0 €

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

0 €0 €869 t€38 t€49 t€49 t€20202021202220232024

Measured by taxable income, Finnish GeoSynthetics Services Oy is in the upper half of the industry class wholesale of construction materials without specialisation on any specific product group (112 companies with taxable income; median 33 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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