HS-Garage Oy is a limited company based in Hyvinkää, registered in 2017. In the financial year ending 31.5.2026, revenue was 15 t€ and operating profit 23 €; equity ratio -94.3 %. Public buyers bought 211 t€ from it in 2022–2023; the largest buyer is Työllisyys, kehittämis- ja hallintokeskus (Työ- ja elinkeinoministeriön hallinnonala).
Revenue 202615 t€-56 % on the previous year
Operating profit23 €0,2 % of revenue
Net profit25 €EBITDA 23 €
Equity ratio-94,3 %quick ratio 0,51
Taxable income 20240 €
profit as taxed
Income taxes 20240 €355 € in 2020–2024
In business9 yrsregistered 15.6.2017
Sales to public buyers211 t€2022–2023
Financials
RevenueOperating profitNet profit
| Key figures | 31.5.2026 | 31.5.2025 | 31.5.2024 | 31.5.2023 | 31.5.2022 | 31.5.2021 |
|---|---|---|---|---|---|---|
| Revenue | 15 t€ | 34 t€ | 302 t€ | 304 t€ | 258 t€ | 166 t€ |
| Revenue change | -56,4 % | -88,6 % | -0,8 % | 17,9 % | 55,4 % | – |
| EBITDA | 23 € | -9 399 € | 7 500 € | 11 t€ | 4 305 € | 3 858 € |
| EBITDA % | 0,2 % | -27,3 % | 2,5 % | 3,5 % | 1,7 % | 2,3 % |
| Operating profit | 23 € | -9 654 € | 3 482 € | -623 € | 882 € | 363 € |
| Operating margin | 0,2 % | -28,0 % | 1,2 % | -0,2 % | 0,3 % | 0,2 % |
| Net profit | 25 € | -9 610 € | -349 € | -1 354 € | 691 € | 138 € |
| Personnel costs | -4 379 € | 18 t€ | 90 t€ | 122 t€ | 128 t€ | 91 t€ |
| Equity ratio | -94,3 % | -222,2 % | 20,1 % | 10,8 % | 13,1 % | 21,5 % |
| Quick ratio | 0,51 | 0,31 | 0,78 | 0,75 | 0,94 | 0,89 |
| Current ratio | 0,51 | 0,31 | 0,78 | 0,75 | 0,94 | 0,89 |
| Debt to revenue | 43,2 % | 13,3 % | 8,5 % | 20,0 % | 24,4 % | 21,1 % |
| Return on equity | – | – | -5,4 % | -18,4 % | 7,3 % | 1,4 % |
| Balance sheet total | 3 339 € | 1 428 € | 32 t€ | 68 t€ | 73 t€ | 45 t€ |
| Equity | -3 148 € | -3 172 € | 6 437 € | 7 377 € | 9 489 € | 9 562 € |
| Cash and bank | 2 910 € | 976 € | 6 245 € | 728 € | 12 t€ | 2 741 € |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.5.2026 | 31.5.2025 | 31.5.2024 | 31.5.2023 | 31.5.2022 | 31.5.2021 | |
|---|---|---|---|---|---|---|
| Turnover | 15 t€ | 34 t€ | 302 t€ | 304 t€ | 258 t€ | 166 t€ |
| Other operating income | 0 € | 850 € | 0 € | 2 946 € | 400 € | 4 272 € |
| Raw materials and services | 0 € | -5 464 € | -134 t€ | -95 t€ | -53 t€ | -28 t€ |
| Personnel expenses | 4 379 € | -18 t€ | -90 t€ | -122 t€ | -128 t€ | -91 t€ |
| Depreciations and reductions in value | 0 € | -256 € | -4 019 € | -11 t€ | -3 423 € | -3 495 € |
| Other operating expenses | 11 t€ | -21 t€ | -71 t€ | -80 t€ | -73 t€ | -48 t€ |
| Operating profit (loss) | 23 € | -9 654 € | 3 482 € | -623 € | 882 € | 363 € |
| Financial income and expenses + (-) | -2 € | 44 € | -3 831 € | -731 € | -18 € | -182 € |
| Profit (loss) before appropriations and taxes | 25 € | -9 610 € | -349 € | -1 354 € | 864 € | 182 € |
| Income taxes | – | – | – | 0 € | -173 € | -43 € |
| Profit (loss) for the financial year | 25 € | -9 610 € | -349 € | -1 354 € | 691 € | 138 € |
Balance sheet
| 31.5.2026 | 31.5.2025 | 31.5.2024 | 31.5.2023 | 31.5.2022 | 31.5.2021 | |
|---|---|---|---|---|---|---|
| Non-current assets | – | 0 € | 12 t€ | 36 t€ | 13 t€ | 13 t€ |
| Receivables | 429 € | 452 € | 14 t€ | 31 t€ | 48 t€ | 29 t€ |
| Cash in hand and at banks | 2 910 € | 976 € | 6 245 € | 728 € | 12 t€ | 2 741 € |
| Current assets | 3 339 € | 1 428 € | 20 t€ | 32 t€ | 59 t€ | 31 t€ |
| Assets | 3 339 € | 1 428 € | 32 t€ | 68 t€ | 73 t€ | 45 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | -3 148 € | -3 172 € | 6 437 € | 7 377 € | 9 489 € | 9 562 € |
| Long-term liabilities | – | – | 0 € | 18 t€ | 0 € | – |
| Short-term liabilities | 6 486 € | 4 600 € | 26 t€ | 43 t€ | 63 t€ | 35 t€ |
| Liabilities | 6 486 € | 4 600 € | 26 t€ | 61 t€ | 63 t€ | 35 t€ |
All financial statement items (48)
| 31.5.2026 | 31.5.2025 | 31.5.2024 | 31.5.2023 | 31.5.2022 | 31.5.2021 | |
|---|---|---|---|---|---|---|
| Turnover | 15 t€ | 34 t€ | 302 t€ | 304 t€ | 258 t€ | 166 t€ |
| Other operating income | 0 € | 850 € | 0 € | 2 946 € | 400 € | 4 272 € |
| Raw materials and services | 0 € | -5 464 € | -134 t€ | -95 t€ | -53 t€ | -28 t€ |
| Personnel expenses | 4 379 € | -18 t€ | -90 t€ | -122 t€ | -128 t€ | -91 t€ |
| Depreciations and reductions in value | 0 € | -256 € | -4 019 € | -11 t€ | -3 423 € | -3 495 € |
| Other operating expenses | 11 t€ | -21 t€ | -71 t€ | -80 t€ | -73 t€ | -48 t€ |
| Operating profit (loss) | 23 € | -9 654 € | 3 482 € | -623 € | 882 € | 363 € |
| Financial income and expenses + (-) | -2 € | 44 € | -3 831 € | -731 € | -18 € | -182 € |
| Profit (loss) before appropriations and taxes | 25 € | -9 610 € | -349 € | -1 354 € | 864 € | 182 € |
| Income taxes | – | – | – | 0 € | -173 € | -43 € |
| Profit (loss) for the financial year | 25 € | -9 610 € | -349 € | -1 354 € | 691 € | 138 € |
| Non-current assets | – | 0 € | 12 t€ | 36 t€ | 13 t€ | 13 t€ |
| Receivables | 429 € | 452 € | 14 t€ | 31 t€ | 48 t€ | 29 t€ |
| Cash in hand and at banks | 2 910 € | 976 € | 6 245 € | 728 € | 12 t€ | 2 741 € |
| Current assets | 3 339 € | 1 428 € | 20 t€ | 32 t€ | 59 t€ | 31 t€ |
| Assets | 3 339 € | 1 428 € | 32 t€ | 68 t€ | 73 t€ | 45 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | -3 148 € | -3 172 € | 6 437 € | 7 377 € | 9 489 € | 9 562 € |
| Long-term liabilities | – | – | 0 € | 18 t€ | 0 € | – |
| Short-term liabilities | 6 486 € | 4 600 € | 26 t€ | 43 t€ | 63 t€ | 35 t€ |
| Liabilities | 6 486 € | 4 600 € | 26 t€ | 61 t€ | 63 t€ | 35 t€ |
| Long-term liabilities to credit institutions | – | – | 0 € | 18 t€ | 0 € | – |
| Other current liabilities | 4 061 € | 4 364 € | 13 t€ | 13 t€ | 11 t€ | 12 t€ |
| Wages and salaries | 2 000 € | -12 t€ | -69 t€ | -99 t€ | -106 t€ | -68 t€ |
| Pension expenses | 2 341 € | -5 119 € | -18 t€ | -19 t€ | -19 t€ | -19 t€ |
| Tangible assets | – | 0 € | 12 t€ | 33 t€ | 10 t€ | 10 t€ |
| Reductions in value of shares and holdings in current assets | – | 0 € | -2 700 € | 0 € | – | – |
| Depreciations according to plan | 0 € | -256 € | -4 019 € | -11 t€ | -3 423 € | -3 495 € |
| Liabilities | 3 339 € | 1 428 € | 32 t€ | 68 t€ | 73 t€ | 45 t€ |
| Other short-term receivables | – | 0 € | 83 € | 1 166 € | 132 € | 0 € |
| Investments | – | – | 0 € | 2 800 € | 2 800 € | 2 800 € |
| Other social security expenses | 38 € | -617 € | -3 377 € | -2 935 € | -3 197 € | -3 662 € |
| Other long-term receivables | – | – | – | – | 0 € | 1 200 € |
| Profit (loss) for the period, equity | 25 € | -9 610 € | -349 € | -1 354 € | 691 € | 138 € |
| Services purchased | 0 € | -4 817 € | -122 t€ | -88 t€ | -44 t€ | -25 t€ |
| Retained earnings | -5 672 € | 3 937 € | 4 287 € | 6 230 € | 6 298 € | 6 924 € |
| Purchases during the financial year | 0 € | -647 € | -12 t€ | -6 954 € | -9 611 € | -2 878 € |
| Short-term liabilities to credit institutions | – | – | 0 € | 8 050 € | 0 € | – |
| Short-term prepayments and accrued income | – | 0 € | 430 € | 6 407 € | 1 041 € | 660 € |
| Long-term receivables | – | – | – | – | 0 € | 1 200 € |
| Other interest and financial income from non-group companies | 2 € | 2 € | 0 € | 0 € | 0 € | 1 € |
| Other shares and similar rights of ownership | – | – | 0 € | 2 800 € | 2 800 € | 2 800 € |
| Short-term accrued expenses and deferred income | 2 038 € | 0 € | 5 845 € | 6 281 € | 29 t€ | 20 t€ |
| Short-term sales receivables | 429 € | 452 € | 13 t€ | 24 t€ | 47 t€ | 27 t€ |
| Short-term receivables | 429 € | 452 € | 14 t€ | 31 t€ | 48 t€ | 27 t€ |
| Interest expenses and other financial expenses for non-Group companies | 0 € | 42 € | -1 131 € | -731 € | -18 € | -182 € |
| Machinery and equipment | – | 0 € | 12 t€ | 33 t€ | 10 t€ | 10 t€ |
| Short-term accounts payable | 387 € | 236 € | 6 694 € | 16 t€ | 23 t€ | 2 619 € |
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.
Sales to public buyers
Largest buyers
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