Kaakon Hoiva Oy is a limited company based in Pyhtää, registered in 2018. In the financial year ending 31.12.2024, revenue was 1,9 M€ and operating profit 345 t€; equity ratio 46.1 %. Its taxable income in 2024 was 211 t€ and its income taxes 43 t€.
Revenue 20241,9 M€+23 % on the previous year
Operating profit345 t€18,6 % of revenue
Net profit289 t€EBITDA 387 t€
Equity ratio46,1 %quick ratio 2,13
Taxable income 2024211 t€
top 10 % of its industry
Income taxes 202443 t€74 t€ in 2020–2024
In business8 yrsregistered 25.9.2018
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2024 | 31.12.2023 | 31.12.2022 |
|---|---|---|---|
| Revenue | 1,9 M€ | 1,5 M€ | 1,4 M€ |
| Revenue change | 23,3 % | 3,9 % | – |
| EBITDA | 387 t€ | 86 t€ | -30 t€ |
| EBITDA % | 20,9 % | 5,8 % | -2,1 % |
| Operating profit | 345 t€ | 35 t€ | -87 t€ |
| Operating margin | 18,6 % | 2,3 % | -6,0 % |
| Net profit | 289 t€ | 9 013 € | -100 t€ |
| Personnel costs | 1,2 M€ | 1,2 M€ | 1,2 M€ |
| Equity ratio | 46,1 % | -6,6 % | -8,1 % |
| Quick ratio | 2,13 | 0,86 | 0,83 |
| Current ratio | 2,13 | 0,86 | 0,83 |
| Debt to revenue | 16,8 % | 23,7 % | 28,7 % |
| Return on equity | 108,2 % | – | – |
| Balance sheet total | 579 t€ | 334 t€ | 391 t€ |
| Equity | 267 t€ | -22 t€ | -31 t€ |
| Cash and bank | 123 t€ | 3 443 € | 2 773 € |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|
| Turnover | 1,9 M€ | 1,5 M€ | 1,4 M€ |
| Other operating income | 400 € | 2 483 € | 0 € |
| Raw materials and services | -11 t€ | -22 t€ | -74 t€ |
| Personnel expenses | -1,2 M€ | -1,2 M€ | -1,2 M€ |
| Depreciations and reductions in value | -43 t€ | -52 t€ | -57 t€ |
| Other operating expenses | -303 t€ | -210 t€ | -215 t€ |
| Operating profit (loss) | 345 t€ | 35 t€ | -87 t€ |
| Financial income and expenses + (-) | -13 t€ | -22 t€ | -13 t€ |
| Profit (loss) before appropriations and taxes | 331 t€ | 13 t€ | -100 t€ |
| Income taxes | -42 t€ | -3 492 € | -153 € |
| Profit (loss) for the financial year | 289 t€ | 9 013 € | -100 t€ |
Balance sheet
| 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|
| Non-current assets | 110 t€ | 153 t€ | 158 t€ |
| Receivables | 347 t€ | 178 t€ | 230 t€ |
| Cash in hand and at banks | 123 t€ | 3 443 € | 2 773 € |
| Current assets | 470 t€ | 182 t€ | 233 t€ |
| Assets | 579 t€ | 334 t€ | 391 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 267 t€ | -22 t€ | -31 t€ |
| Long-term liabilities | 92 t€ | 144 t€ | 143 t€ |
| Short-term liabilities | 220 t€ | 212 t€ | 279 t€ |
| Liabilities | 312 t€ | 356 t€ | 422 t€ |
All financial statement items (47)
| 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|
| Turnover | 1,9 M€ | 1,5 M€ | 1,4 M€ |
| Other operating income | 400 € | 2 483 € | 0 € |
| Raw materials and services | -11 t€ | -22 t€ | -74 t€ |
| Personnel expenses | -1,2 M€ | -1,2 M€ | -1,2 M€ |
| Depreciations and reductions in value | -43 t€ | -52 t€ | -57 t€ |
| Other operating expenses | -303 t€ | -210 t€ | -215 t€ |
| Operating profit (loss) | 345 t€ | 35 t€ | -87 t€ |
| Financial income and expenses + (-) | -13 t€ | -22 t€ | -13 t€ |
| Profit (loss) before appropriations and taxes | 331 t€ | 13 t€ | -100 t€ |
| Income taxes | -42 t€ | -3 492 € | -153 € |
| Profit (loss) for the financial year | 289 t€ | 9 013 € | -100 t€ |
| Non-current assets | 110 t€ | 153 t€ | 158 t€ |
| Receivables | 347 t€ | 178 t€ | 230 t€ |
| Cash in hand and at banks | 123 t€ | 3 443 € | 2 773 € |
| Current assets | 470 t€ | 182 t€ | 233 t€ |
| Assets | 579 t€ | 334 t€ | 391 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 267 t€ | -22 t€ | -31 t€ |
| Long-term liabilities | 92 t€ | 144 t€ | 143 t€ |
| Short-term liabilities | 220 t€ | 212 t€ | 279 t€ |
| Liabilities | 312 t€ | 356 t€ | 422 t€ |
| Other short-term receivables | 734 € | 2 335 € | 5 288 € |
| Other current liabilities | 22 t€ | 36 t€ | 81 t€ |
| Other intangible assets | 9 086 € | 18 t€ | 33 t€ |
| Retained earnings | -25 t€ | -34 t€ | 66 t€ |
| Short-term prepayments and accrued income | 95 € | 2 257 € | 38 t€ |
| Short-term accounts payable | 12 t€ | 93 t€ | 85 t€ |
| Short-term sales receivables | 346 t€ | 135 t€ | 150 t€ |
| Purchases during the financial year | -7 574 € | -5 774 € | -14 t€ |
| Profit (loss) for the period, equity | 289 t€ | 9 013 € | -100 t€ |
| Short-term receivables | 347 t€ | 178 t€ | 230 t€ |
| Interest expenses and other financial expenses for non-Group companies | -13 t€ | -22 t€ | -13 t€ |
| Tangible assets | 101 t€ | 134 t€ | 125 t€ |
| Wages and salaries | -973 t€ | -980 t€ | -997 t€ |
| Short-term accrued expenses and deferred income | 141 t€ | 53 t€ | 77 t€ |
| Intangible assets | 9 086 € | 18 t€ | 33 t€ |
| Short-term loan receivables | 0 € | 38 t€ | 38 t€ |
| Liabilities | 579 t€ | 334 t€ | 391 t€ |
| Other interest and financial income from non-group companies | 1 € | 0 € | 20 € |
| Other social security expenses | -23 t€ | -35 t€ | -32 t€ |
| Long-term liabilities to credit institutions | 92 t€ | 144 t€ | 143 t€ |
| Machinery and equipment | 101 t€ | 134 t€ | 125 t€ |
| Depreciations according to plan | -43 t€ | -52 t€ | -57 t€ |
| Services purchased | -3 900 € | -16 t€ | -60 t€ |
| Short-term liabilities to credit institutions | 46 t€ | 30 t€ | 28 t€ |
| Short-term advances received | – | 0 € | 6 888 € |
| Pension expenses | -156 t€ | -172 t€ | -160 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
Measured by taxable income, Kaakon Hoiva Oy is in the top 10 % of the industry class home help services for older persons and persons with disabilities (233 companies with taxable income; median 14 t€, 15 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.