NDTest Oy is a limited company based in Kuopio, registered in 2018. In the financial year ending 31.3.2026, revenue was 93 t€ and operating profit 9 822 €; equity ratio 39.0 %. Its taxable income in 2024 was 1 308 € and its income taxes 262 €.
Revenue 202693 t€-5 % on the previous year
Operating profit9 822 €10,5 % of revenue
Net profit7 577 €EBITDA 4 158 €
Equity ratio39,0 %quick ratio 0,60
Taxable income 20241 308 €
lower half of its industry
Income taxes 2024262 €558 € in 2020–2024
In business8 yrsregistered 12.1.2018
Financials
RevenueOperating profitNet profit
| Key figures | 31.3.2026 | 31.3.2025 | 31.3.2024 | 31.3.2023 |
|---|---|---|---|---|
| Revenue | 93 t€ | 98 t€ | 73 t€ | 82 t€ |
| Revenue change | -5,4 % | 34,5 % | -11,1 % | – |
| EBITDA | 4 158 € | 5 157 € | 2 912 € | 3 186 € |
| EBITDA % | 4,5 % | 5,2 % | 4,0 % | 3,9 % |
| Operating profit | 9 822 € | 1 238 € | 1 182 € | 880 € |
| Operating margin | 10,5 % | 1,3 % | 1,6 % | 1,1 % |
| Net profit | 7 577 € | 892 € | 737 € | 446 € |
| Personnel costs | -39 t€ | 45 t€ | 32 t€ | 38 t€ |
| Equity ratio | 39,0 % | 20,5 % | 30,2 % | 16,0 % |
| Quick ratio | 0,60 | 0,37 | 0,32 | 0,66 |
| Current ratio | 0,74 | 0,58 | 0,77 | 0,69 |
| Debt to revenue | 20,2 % | 17,5 % | 10,7 % | 16,8 % |
| Return on equity | 63,0 % | 20,0 % | 21,8 % | 16,8 % |
| Balance sheet total | 31 t€ | 22 t€ | 11 t€ | 17 t€ |
| Equity | 12 t€ | 4 459 € | 3 384 € | 2 647 € |
| Cash and bank | 9 983 € | 5 275 € | 527 € | 9 098 € |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.3.2026 | 31.3.2025 | 31.3.2024 | 31.3.2023 | |
|---|---|---|---|---|
| Turnover | 93 t€ | 98 t€ | 73 t€ | 82 t€ |
| Raw materials and services | 12 t€ | -24 t€ | -22 t€ | -11 t€ |
| Personnel expenses | 39 t€ | -45 t€ | -32 t€ | -38 t€ |
| Depreciations and reductions in value | 5 664 € | -3 920 € | -1 730 € | -2 306 € |
| Other operating expenses | 27 t€ | -24 t€ | -16 t€ | -30 t€ |
| Operating profit (loss) | 9 822 € | 1 238 € | 1 182 € | 880 € |
| Financial income and expenses + (-) | 122 € | -85 € | -174 € | -260 € |
| Profit (loss) before appropriations and taxes | 9 700 € | 1 153 € | 1 009 € | 620 € |
| Income taxes | 2 123 € | -261 € | -271 € | -174 € |
| Profit (loss) for the financial year | 7 577 € | 892 € | 737 € | 446 € |
Balance sheet
| 31.3.2026 | 31.3.2025 | 31.3.2024 | 31.3.2023 | |
|---|---|---|---|---|
| Non-current assets | 17 t€ | 12 t€ | 5 189 € | 6 918 € |
| Stocks | 2 500 € | 3 500 € | 3 500 € | 500 € |
| Receivables | 1 396 € | 1 196 € | 1 972 € | 0 € |
| Cash in hand and at banks | 9 983 € | 5 275 € | 527 € | 9 098 € |
| Current assets | 14 t€ | 9 971 € | 5 999 € | 9 598 € |
| Assets | 31 t€ | 22 t€ | 11 t€ | 17 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 12 t€ | 4 459 € | 3 384 € | 2 647 € |
| Short-term liabilities | 19 t€ | 17 t€ | 7 804 € | 14 t€ |
| Liabilities | 19 t€ | 17 t€ | 7 804 € | 14 t€ |
All financial statement items (40)
| 31.3.2026 | 31.3.2025 | 31.3.2024 | 31.3.2023 | |
|---|---|---|---|---|
| Turnover | 93 t€ | 98 t€ | 73 t€ | 82 t€ |
| Raw materials and services | 12 t€ | -24 t€ | -22 t€ | -11 t€ |
| Personnel expenses | 39 t€ | -45 t€ | -32 t€ | -38 t€ |
| Depreciations and reductions in value | 5 664 € | -3 920 € | -1 730 € | -2 306 € |
| Other operating expenses | 27 t€ | -24 t€ | -16 t€ | -30 t€ |
| Operating profit (loss) | 9 822 € | 1 238 € | 1 182 € | 880 € |
| Financial income and expenses + (-) | 122 € | -85 € | -174 € | -260 € |
| Profit (loss) before appropriations and taxes | 9 700 € | 1 153 € | 1 009 € | 620 € |
| Income taxes | 2 123 € | -261 € | -271 € | -174 € |
| Profit (loss) for the financial year | 7 577 € | 892 € | 737 € | 446 € |
| Non-current assets | 17 t€ | 12 t€ | 5 189 € | 6 918 € |
| Stocks | 2 500 € | 3 500 € | 3 500 € | 500 € |
| Receivables | 1 396 € | 1 196 € | 1 972 € | 0 € |
| Cash in hand and at banks | 9 983 € | 5 275 € | 527 € | 9 098 € |
| Current assets | 14 t€ | 9 971 € | 5 999 € | 9 598 € |
| Assets | 31 t€ | 22 t€ | 11 t€ | 17 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 12 t€ | 4 459 € | 3 384 € | 2 647 € |
| Short-term liabilities | 19 t€ | 17 t€ | 7 804 € | 14 t€ |
| Liabilities | 19 t€ | 17 t€ | 7 804 € | 14 t€ |
| Inventory increase (+) or decrease (-) | 1 000 € | 0 € | 3 000 € | 0 € |
| Purchases during the financial year | 11 t€ | -24 t€ | -25 t€ | -11 t€ |
| Tangible assets | 17 t€ | 12 t€ | 5 189 € | 6 918 € |
| Retained earnings | 1 959 € | 1 067 € | 147 € | -298 € |
| Other current liabilities | 4 830 € | 2 450 € | 1 150 € | 3 816 € |
| Other interest and financial income from non-group companies | 0 € | 10 € | 5 € | 0 € |
| Liabilities | 31 t€ | 22 t€ | 11 t€ | 17 t€ |
| Other social security expenses | 2 268 € | -2 675 € | -1 636 € | -1 564 € |
| Interest expenses and other financial expenses for non-Group companies | 122 € | -95 € | -178 € | -260 € |
| Short-term accounts payable | 279 € | 0 € | – | – |
| Profit (loss) for the period, equity | 7 577 € | 892 € | 737 € | 446 € |
| Depreciations according to plan | 5 664 € | -3 920 € | -1 730 € | -2 306 € |
| Pension expenses | 3 918 € | -3 821 € | -3 533 € | -2 064 € |
| Finished products | 2 500 € | 3 500 € | 3 500 € | 500 € |
| Machinery and equipment | 17 t€ | 12 t€ | 5 189 € | 6 918 € |
| Other short-term receivables | 1 396 € | 1 196 € | 1 972 € | 0 € |
| Short-term receivables | 1 396 € | 1 196 € | 1 972 € | 0 € |
| Wages and salaries | 33 t€ | -39 t€ | -27 t€ | -35 t€ |
| Short-term accrued expenses and deferred income | 14 t€ | 15 t€ | 6 654 € | 7 553 € |
| Short-term liabilities to credit institutions | – | – | 0 € | 2 500 € |
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
Measured by taxable income, NDTest Oy is in the lower half of the industry class manufacture of metal structures and parts of structures (532 companies with taxable income; median 42 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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