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Project Solutions Finland Oy

Limited company. Temporary employment agency activities and other human resource provisions.

Project Solutions Finland Oy is a limited company based in Kouvola, registered in 2017. In the financial year ending 31.12.2025, revenue was 0 € and operating profit -40 t€; equity ratio 99.6 %. Its taxable income in 2024 was 52 t€ and its income taxes 11 t€.

Revenue 20250 €-100 % on the previous year
Operating profit-40 t€
Net profit-40 t€EBITDA -40 t€
Equity ratio99,6 %quick ratio 254,93
Taxable income 202452 t€ top quarter of its industry
Income taxes 202411 t€30 t€ in 2020–2024
In business9 yrsregistered 15.6.2017

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Financials

71 t€2 661 €193 t€141 t€407 t€0 €0 €-12 t€-16 t€75 t€21 t€52 t€-40 t€-12 t€-16 t€65 t€10 t€48 t€-40 t€202020212022202320242025
RevenueOperating profitNet profit
Key figures31.12.202531.12.202431.12.202331.12.202231.12.202131.12.2020
Revenue0 €407 t€141 t€193 t€2 661 €71 t€
Revenue change-100,0 %188,6 %-26,9 %7137,3 %-96,2 %–
EBITDA-40 t€52 t€21 t€75 t€-16 t€-11 t€
EBITDA %–12,9 %15,1 %38,8 %-583,5 %-16,0 %
Operating profit-40 t€52 t€21 t€75 t€-16 t€-12 t€
Operating margin–12,8 %14,7 %38,7 %-595,5 %-16,6 %
Net profit-40 t€48 t€10 t€65 t€-16 t€-12 t€
Personnel costs617 €232 t€78 t€90 t€15 t€35 t€
Equity ratio99,6 %80,5 %70,8 %34,9 %-1960,8 %-63,7 %
Quick ratio254,935,083,342,570,441,68
Current ratio254,935,083,342,570,441,68
Debt to revenue–5,7 %13,9 %35,8 %1090,4 %42,8 %
Return on equity-72,6 %50,3 %22,1 %174,8 %––
Balance sheet total55 t€118 t€67 t€106 t€1 408 €18 t€
Equity55 t€95 t€47 t€37 t€-28 t€-12 t€
Cash and bank40 t€70 t€28 t€57 t€442 €11 t€

Balance sheet

18 t€1 408 €106 t€67 t€118 t€55 t€55 t€-12 t€-28 t€37 t€47 t€95 t€55 t€11 t€442 €57 t€28 t€70 t€40 t€202020212022202320242025
Balance sheet totalEquityCash
Income statement and balance sheet

Income statement

31.12.202531.12.202431.12.202331.12.202231.12.202131.12.2020
Turnover0 €407 t€141 t€193 t€2 661 €71 t€
Other operating income0 €1 860 €0 €–––
Raw materials and services2 000 €-6 000 €-2 000 €-3 074 €-332 €-24 t€
Personnel expenses-617 €-232 t€-78 t€-90 t€-15 t€-35 t€
Depreciations and reductions in value319 €-426 €-568 €-239 €-319 €-425 €
Other operating expenses38 t€-117 t€-39 t€-24 t€-2 600 €-23 t€
Operating profit (loss)-40 t€52 t€21 t€75 t€-16 t€-12 t€
Financial income and expenses + (-)4 €96 €-305 €-800 €-1 €-15 €
Profit (loss) before appropriations and taxes-40 t€52 t€20 t€74 t€-16 t€-12 t€
Income taxes0 €-4 264 €-9 883 €-9 244 €0 €–
Profit (loss) for the financial year-40 t€48 t€10 t€65 t€-16 t€-12 t€

Balance sheet

31.12.202531.12.202431.12.202331.12.202231.12.202131.12.2020
Non-current assets958 €1 278 €1 703 €718 €957 €1 276 €
Receivables14 t€47 t€37 t€49 t€10 €6 100 €
Cash in hand and at banks40 t€70 t€28 t€57 t€442 €11 t€
Current assets54 t€117 t€65 t€105 t€451 €17 t€
Assets55 t€118 t€67 t€106 t€1 408 €18 t€
Share capital or other similar capital2 500 €2 500 €2 500 €2 500 €2 500 €2 500 €
Capital and reserves55 t€95 t€47 t€37 t€-28 t€-12 t€
Long-term liabilities––0 €28 t€28 t€20 t€
Short-term liabilities214 €23 t€20 t€41 t€1 019 €10 t€
Liabilities214 €23 t€20 t€69 t€29 t€30 t€
All financial statement items (46)
31.12.202531.12.202431.12.202331.12.202231.12.202131.12.2020
Turnover0 €407 t€141 t€193 t€2 661 €71 t€
Other operating income0 €1 860 €0 €–––
Raw materials and services2 000 €-6 000 €-2 000 €-3 074 €-332 €-24 t€
Personnel expenses-617 €-232 t€-78 t€-90 t€-15 t€-35 t€
Depreciations and reductions in value319 €-426 €-568 €-239 €-319 €-425 €
Other operating expenses38 t€-117 t€-39 t€-24 t€-2 600 €-23 t€
Operating profit (loss)-40 t€52 t€21 t€75 t€-16 t€-12 t€
Financial income and expenses + (-)4 €96 €-305 €-800 €-1 €-15 €
Profit (loss) before appropriations and taxes-40 t€52 t€20 t€74 t€-16 t€-12 t€
Income taxes0 €-4 264 €-9 883 €-9 244 €0 €–
Profit (loss) for the financial year-40 t€48 t€10 t€65 t€-16 t€-12 t€
Non-current assets958 €1 278 €1 703 €718 €957 €1 276 €
Receivables14 t€47 t€37 t€49 t€10 €6 100 €
Cash in hand and at banks40 t€70 t€28 t€57 t€442 €11 t€
Current assets54 t€117 t€65 t€105 t€451 €17 t€
Assets55 t€118 t€67 t€106 t€1 408 €18 t€
Share capital or other similar capital2 500 €2 500 €2 500 €2 500 €2 500 €2 500 €
Capital and reserves55 t€95 t€47 t€37 t€-28 t€-12 t€
Long-term liabilities––0 €28 t€28 t€20 t€
Short-term liabilities214 €23 t€20 t€41 t€1 019 €10 t€
Liabilities214 €23 t€20 t€69 t€29 t€30 t€
Profit (loss) for the period, equity-40 t€48 t€10 t€65 t€-16 t€-12 t€
Machinery and equipment958 €1 278 €1 703 €718 €957 €1 276 €
Pension expenses-721 €-33 t€-12 t€-14 t€-1 565 €-3 996 €
Short-term accounts payable0 €4 454 €2 707 €5 697 €19 €1 021 €
Short-term prepayments and accrued income4 971 €4 484 €20 t€86 €0 €20 €
Liabilities55 t€118 t€67 t€106 t€1 408 €18 t€
Other interest and financial income from non-group companies4 €271 €6 €69 €0 €–
Short-term liabilities to Group companies110 €3 545 €4 313 €1 000 €1 000 €0 €
Short-term accrued expenses and deferred income104 €1 541 €2 349 €12 t€0 €6 476 €
Short-term sales receivables0 €39 t€15 t€48 t€0 €6 076 €
Interest expenses and other financial expenses for non-Group companies8 €-176 €-311 €-868 €-1 €-15 €
Short-term liabilities to credit institutions0 €1 942 €729 €1 390 €0 €–
Other current liabilities0 €12 t€9 422 €21 t€0 €2 716 €
Short-term receivables14 t€47 t€36 t€49 t€10 €6 100 €
Long-term receivables–0 €980 €0 €––
Other long-term receivables–0 €980 €0 €––
Other short-term receivables9 486 €3 212 €2 240 €10 €10 €4 €
Retained earnings93 t€45 t€34 t€-30 t€-14 t€-2 525 €
Depreciations according to plan319 €-426 €-568 €-239 €-319 €-425 €
Tangible assets958 €1 278 €1 703 €718 €957 €1 276 €
Services purchased2 000 €-6 000 €-2 000 €-3 000 €-332 €-24 t€
Long-term subordinated loans––0 €28 t€28 t€20 t€
Purchases during the financial year––0 €-74 €0 €–
Other social security expenses104 €-7 441 €-2 875 €-3 031 €-715 €-598 €
Wages and salaries0 €-192 t€-64 t€-74 t€-13 t€-31 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

0 €0 €74 t€22 t€52 t€52 t€20202021202220232024

Measured by taxable income, Project Solutions Finland Oy is in the top quarter of the industry class temporary employment agency activities and other human resource provisions (1008 companies with taxable income; median 12 t€, 4,5 times the median).

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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