Raahen Sähköpalvelu Oy is a limited company based in Raahe, registered in 2018. In the financial year ending 28.2.2026, operating profit 5 348 €; equity ratio 88.4 %. Its taxable income in 2024 was 15 t€ and its income taxes 2 905 €. Public buyers bought 3 859 € from it in 2023–2023; the largest buyer is Ilmatieteen laitos (Liikenne- ja viestintäministeriön hallinnonala).
Gross profit 202661 t€-10 % on the previous year
Operating profit5 348 €
Net profit4 113 €EBITDA 4 590 €
Equity ratio88,4 %quick ratio 1,28
Taxable income 202415 t€
lower half of its industry
Income taxes 20242 905 €11 t€ in 2020–2024
In business8 yrsregistered 8.3.2018
Sales to public buyers3 859 €2023–2023
Financials
Gross profitOperating profitNet profit
| Key figures | 28.2.2026 | 28.2.2025 | 29.2.2024 | 28.2.2023 |
|---|---|---|---|---|
| Revenue change | -9,9 % | -0,2 % | 2,9 % | – |
| Gross profit | 61 t€ | 67 t€ | 67 t€ | 66 t€ |
| EBITDA | 4 590 € | 16 t€ | 15 t€ | 21 t€ |
| Operating profit | 5 348 € | 15 t€ | 13 t€ | 19 t€ |
| Net profit | 4 113 € | 12 t€ | 9 867 € | 15 t€ |
| Personnel costs | -16 t€ | 12 t€ | 13 t€ | 9 126 € |
| Equity ratio | 88,4 % | 84,7 % | 73,8 % | 58,4 % |
| Quick ratio | 1,28 | 1,26 | 0,89 | 0,77 |
| Current ratio | 1,82 | 1,54 | 1,15 | 0,99 |
| Return on equity | 7,5 % | 21,3 % | 21,2 % | 38,1 % |
| Balance sheet total | 62 t€ | 65 t€ | 63 t€ | 68 t€ |
| Equity | 55 t€ | 55 t€ | 47 t€ | 40 t€ |
| Cash and bank | 4 577 € | 2 245 € | 5 298 € | 7 502 € |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 28.2.2026 | 28.2.2025 | 29.2.2024 | 28.2.2023 | |
|---|---|---|---|---|
| Gross profit or loss | 61 t€ | 67 t€ | 67 t€ | 66 t€ |
| Personnel expenses | 16 t€ | -12 t€ | -13 t€ | -9 126 € |
| Depreciations and reductions in value | 758 € | -1 011 € | -1 348 € | -1 798 € |
| Other operating expenses | 39 t€ | -40 t€ | -40 t€ | -35 t€ |
| Operating profit (loss) | 5 348 € | 15 t€ | 13 t€ | 19 t€ |
| Financial income and expenses + (-) | 207 € | -412 € | -663 € | -532 € |
| Profit (loss) before appropriations and taxes | 5 141 € | 15 t€ | 13 t€ | 19 t€ |
| Income taxes | 1 028 € | -2 947 € | -2 905 € | -3 788 € |
| Profit (loss) for the financial year | 4 113 € | 12 t€ | 9 867 € | 15 t€ |
Balance sheet
| 28.2.2026 | 28.2.2025 | 29.2.2024 | 28.2.2023 | |
|---|---|---|---|---|
| Non-current assets | 49 t€ | 49 t€ | 50 t€ | 51 t€ |
| Stocks | 3 870 € | 2 779 € | 3 010 € | 3 638 € |
| Receivables | 4 618 € | 10 t€ | 4 927 € | 5 616 € |
| Cash in hand and at banks | 4 577 € | 2 245 € | 5 298 € | 7 502 € |
| Current assets | 13 t€ | 15 t€ | 13 t€ | 17 t€ |
| Assets | 62 t€ | 65 t€ | 63 t€ | 68 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 55 t€ | 55 t€ | 47 t€ | 40 t€ |
| Long-term liabilities | – | 0 € | 5 065 € | 11 t€ |
| Short-term liabilities | 7 172 € | 9 907 € | 12 t€ | 17 t€ |
| Liabilities | 7 172 € | 9 907 € | 17 t€ | 28 t€ |
All financial statement items (44)
| 28.2.2026 | 28.2.2025 | 29.2.2024 | 28.2.2023 | |
|---|---|---|---|---|
| Gross profit or loss | 61 t€ | 67 t€ | 67 t€ | 66 t€ |
| Personnel expenses | 16 t€ | -12 t€ | -13 t€ | -9 126 € |
| Depreciations and reductions in value | 758 € | -1 011 € | -1 348 € | -1 798 € |
| Other operating expenses | 39 t€ | -40 t€ | -40 t€ | -35 t€ |
| Operating profit (loss) | 5 348 € | 15 t€ | 13 t€ | 19 t€ |
| Financial income and expenses + (-) | 207 € | -412 € | -663 € | -532 € |
| Profit (loss) before appropriations and taxes | 5 141 € | 15 t€ | 13 t€ | 19 t€ |
| Income taxes | 1 028 € | -2 947 € | -2 905 € | -3 788 € |
| Profit (loss) for the financial year | 4 113 € | 12 t€ | 9 867 € | 15 t€ |
| Non-current assets | 49 t€ | 49 t€ | 50 t€ | 51 t€ |
| Stocks | 3 870 € | 2 779 € | 3 010 € | 3 638 € |
| Receivables | 4 618 € | 10 t€ | 4 927 € | 5 616 € |
| Cash in hand and at banks | 4 577 € | 2 245 € | 5 298 € | 7 502 € |
| Current assets | 13 t€ | 15 t€ | 13 t€ | 17 t€ |
| Assets | 62 t€ | 65 t€ | 63 t€ | 68 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 55 t€ | 55 t€ | 47 t€ | 40 t€ |
| Long-term liabilities | – | 0 € | 5 065 € | 11 t€ |
| Short-term liabilities | 7 172 € | 9 907 € | 12 t€ | 17 t€ |
| Liabilities | 7 172 € | 9 907 € | 17 t€ | 28 t€ |
| Short-term receivables | 4 618 € | 10 t€ | 4 927 € | 5 616 € |
| Other short-term receivables | 268 € | 209 € | 31 € | 31 € |
| Profit (loss) for the period, equity | 4 113 € | 12 t€ | 9 867 € | 15 t€ |
| Tangible assets | 2 275 € | 3 034 € | 4 045 € | 5 394 € |
| Short-term accrued expenses and deferred income | – | 0 € | 1 583 € | 1 774 € |
| Interest expenses and other financial expenses for non-Group companies | 310 € | -485 € | -752 € | -592 € |
| Long-term liabilities to credit institutions | – | 0 € | 3 666 € | 7 883 € |
| Other shares and similar rights of ownership | 46 t€ | 46 t€ | 46 t€ | 46 t€ |
| Other social security expenses | 1 197 € | -1 010 € | -891 € | -1 102 € |
| Short-term sales receivables | 1 715 € | 8 464 € | 4 166 € | 4 873 € |
| Depreciations according to plan | 758 € | -1 011 € | -1 348 € | -1 798 € |
| Other current liabilities | 4 437 € | 1 709 € | 1 823 € | 3 159 € |
| Short-term accounts payable | 2 735 € | 4 532 € | 3 898 € | 5 423 € |
| Retained earnings | 48 t€ | 41 t€ | 34 t€ | 22 t€ |
| Machinery and equipment | 2 275 € | 3 034 € | 4 045 € | 5 394 € |
| Wages and salaries | 12 t€ | -8 470 € | -10 t€ | -6 250 € |
| Other interest and financial income from non-group companies | 103 € | 73 € | 90 € | 60 € |
| Short-term liabilities to credit institutions | 0 € | 3 666 € | 4 217 € | 6 600 € |
| Investments | 46 t€ | 46 t€ | 46 t€ | 46 t€ |
| Pension expenses | 2 233 € | -2 180 € | -2 085 € | -1 774 € |
| Materials and supplies | 3 870 € | 2 779 € | 3 010 € | 3 638 € |
| Liabilities | 62 t€ | 65 t€ | 63 t€ | 68 t€ |
| Short-term prepayments and accrued income | 2 635 € | 1 532 € | 731 € | 712 € |
| Long-term accounts payable | – | 0 € | 1 399 € | 3 483 € |
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, Raahen Sähköpalvelu Oy is in the lower half of the industry class electrical installation (1752 companies with taxable income; median 23 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.
Sales to public buyers
Largest buyers
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