Palenius Holding Oy is a limited company based in Kauniainen, registered in 2018. In the financial year ending 31.12.2024, operating profit -6 561 €; equity ratio 75.5 %.
Gross profit 2024–financial year ended 31.12.2024
Operating profit-6 561 €
Net profit4 741 €EBITDA -6 133 €
Equity ratio75,5 %quick ratio 1,82
Taxable income 20240 €
profit as taxed
Income taxes 20240 €86 t€ in 2020–2024
In business7 yrsregistered 13.11.2018
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | 31.12.2019 |
|---|---|---|---|---|---|---|
| Revenue | – | 0 € | 500 € | 0 € | – | – |
| Revenue change | – | -100,0 % | – | – | – | – |
| EBITDA | -6 133 € | -6 574 € | -42 t€ | -37 t€ | -29 t€ | -570 € |
| EBITDA % | – | – | -8497,4 % | – | – | – |
| Operating profit | -6 561 € | -7 144 € | -43 t€ | -38 t€ | -29 t€ | -570 € |
| Operating margin | – | – | -8649,6 % | – | – | – |
| Net profit | 4 741 € | -18 t€ | -46 t€ | -42 t€ | 345 t€ | 186 € |
| Personnel costs | 0 € | 65 € | 33 t€ | 25 t€ | 12 t€ | 0 € |
| Equity ratio | 75,5 % | 76,6 % | 76,5 % | 72,8 % | 74,9 % | 4,3 % |
| Quick ratio | 1,82 | 4,15 | 4,38 | 334,52 | 2,03 | 0,03 |
| Current ratio | 1,82 | 4,15 | 4,38 | 334,52 | 2,03 | 0,03 |
| Debt to revenue | – | – | 14156,2 % | – | – | – |
| Return on equity | 2,6 % | -9,2 % | -19,9 % | -15,2 % | 92,9 % | 6,9 % |
| Balance sheet total | 243 t€ | 253 t€ | 301 t€ | 379 t€ | 495 t€ | 62 t€ |
| Equity | 183 t€ | 194 t€ | 230 t€ | 276 t€ | 371 t€ | 2 686 € |
| Cash and bank | 0 € | 9 109 € | 3 505 € | 34 t€ | 121 t€ | 1 300 € |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | 31.12.2019 | |
|---|---|---|---|---|---|---|
| Turnover | – | 0 € | 500 € | 0 € | – | – |
| Personnel expenses | 0 € | -65 € | -33 t€ | -25 t€ | -12 t€ | 0 € |
| Depreciations and reductions in value | -428 € | -571 € | -761 € | -1 015 € | 0 € | – |
| Other operating expenses | -6 133 € | -6 508 € | -9 546 € | -12 t€ | -17 t€ | -570 € |
| Operating profit (loss) | -6 561 € | -7 144 € | -43 t€ | -38 t€ | -29 t€ | -570 € |
| Financial income and expenses + (-) | -1 657 € | -11 t€ | -2 753 € | -3 661 € | 460 t€ | 756 € |
| Profit (loss) before appropriations and taxes | -8 218 € | -18 t€ | -46 t€ | -42 t€ | 431 t€ | 186 € |
| Income taxes | 13 t€ | 0 € | 159 € | -260 € | -86 t€ | 0 € |
| Profit (loss) for the financial year | 4 741 € | -18 t€ | -46 t€ | -42 t€ | 345 t€ | 186 € |
Balance sheet
| 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | 31.12.2019 | |
|---|---|---|---|---|---|---|
| Non-current assets | 185 t€ | 186 t€ | 239 t€ | 240 t€ | 258 t€ | 61 t€ |
| Receivables | 57 t€ | 58 t€ | 58 t€ | 105 t€ | 117 t€ | 0 € |
| Cash in hand and at banks | 0 € | 9 109 € | 3 505 € | 34 t€ | 121 t€ | 1 300 € |
| Current assets | 57 t€ | 67 t€ | 61 t€ | 139 t€ | 237 t€ | 1 300 € |
| Assets | 243 t€ | 253 t€ | 301 t€ | 379 t€ | 495 t€ | 62 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € | – |
| Capital and reserves | 183 t€ | 194 t€ | 230 t€ | 276 t€ | 371 t€ | 2 686 € |
| Long-term liabilities | 28 t€ | 43 t€ | 57 t€ | 102 t€ | 7 500 € | 22 t€ |
| Short-term liabilities | 31 t€ | 16 t€ | 14 t€ | 414 € | 117 t€ | 38 t€ |
| Liabilities | 59 t€ | 59 t€ | 71 t€ | 103 t€ | 124 t€ | 60 t€ |
All financial statement items (47)
| 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | 31.12.2019 | |
|---|---|---|---|---|---|---|
| Turnover | – | 0 € | 500 € | 0 € | – | – |
| Personnel expenses | 0 € | -65 € | -33 t€ | -25 t€ | -12 t€ | 0 € |
| Depreciations and reductions in value | -428 € | -571 € | -761 € | -1 015 € | 0 € | – |
| Other operating expenses | -6 133 € | -6 508 € | -9 546 € | -12 t€ | -17 t€ | -570 € |
| Operating profit (loss) | -6 561 € | -7 144 € | -43 t€ | -38 t€ | -29 t€ | -570 € |
| Financial income and expenses + (-) | -1 657 € | -11 t€ | -2 753 € | -3 661 € | 460 t€ | 756 € |
| Profit (loss) before appropriations and taxes | -8 218 € | -18 t€ | -46 t€ | -42 t€ | 431 t€ | 186 € |
| Income taxes | 13 t€ | 0 € | 159 € | -260 € | -86 t€ | 0 € |
| Profit (loss) for the financial year | 4 741 € | -18 t€ | -46 t€ | -42 t€ | 345 t€ | 186 € |
| Non-current assets | 185 t€ | 186 t€ | 239 t€ | 240 t€ | 258 t€ | 61 t€ |
| Receivables | 57 t€ | 58 t€ | 58 t€ | 105 t€ | 117 t€ | 0 € |
| Cash in hand and at banks | 0 € | 9 109 € | 3 505 € | 34 t€ | 121 t€ | 1 300 € |
| Current assets | 57 t€ | 67 t€ | 61 t€ | 139 t€ | 237 t€ | 1 300 € |
| Assets | 243 t€ | 253 t€ | 301 t€ | 379 t€ | 495 t€ | 62 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € | – |
| Capital and reserves | 183 t€ | 194 t€ | 230 t€ | 276 t€ | 371 t€ | 2 686 € |
| Long-term liabilities | 28 t€ | 43 t€ | 57 t€ | 102 t€ | 7 500 € | 22 t€ |
| Short-term liabilities | 31 t€ | 16 t€ | 14 t€ | 414 € | 117 t€ | 38 t€ |
| Liabilities | 59 t€ | 59 t€ | 71 t€ | 103 t€ | 124 t€ | 60 t€ |
| Long-term liabilities to credit institutions | 21 t€ | 36 t€ | 49 t€ | 75 t€ | 0 € | 14 t€ |
| Investments | 184 t€ | 184 t€ | 237 t€ | 237 t€ | 258 t€ | 61 t€ |
| Depreciations according to plan | -428 € | -571 € | -761 € | -1 015 € | 0 € | – |
| Profit (loss) for the period, equity | 4 741 € | -18 t€ | -46 t€ | -42 t€ | 345 t€ | 186 € |
| Impairment on investments for non-current assets | 0 € | -7 000 € | 0 € | – | – | – |
| Income from other investments under non-current assets, from other companies | – | – | 0 € | 36 t€ | 601 t€ | 1 272 € |
| Interest expenses and other financial expenses for non-Group companies | -1 842 € | -4 008 € | -2 753 € | -2 568 € | -141 t€ | -516 € |
| Short-term liabilities to credit institutions | 17 t€ | 15 t€ | 5 729 € | 0 € | 0 € | 5 106 € |
| Long-term receivables | – | – | 0 € | 1 600 € | 0 € | – |
| Other shares and similar rights of ownership | 184 t€ | 184 t€ | 237 t€ | 237 t€ | 258 t€ | 61 t€ |
| Short-term receivables | 57 t€ | 58 t€ | 58 t€ | 103 t€ | 117 t€ | 0 € |
| Liabilities | 243 t€ | 253 t€ | 301 t€ | 379 t€ | 495 t€ | 62 t€ |
| Wages and salaries | – | 0 € | -33 t€ | -25 t€ | -12 t€ | 0 € |
| Other long-term receivables | – | – | 0 € | 1 600 € | 0 € | – |
| Other long-term liabilities | 7 500 € | 7 500 € | 7 500 € | 28 t€ | 7 500 € | 7 500 € |
| Other social security expenses | 0 € | -65 € | -229 € | -262 € | -94 € | 0 € |
| Tangible assets | 1 284 € | 1 712 € | 2 283 € | 3 044 € | 0 € | – |
| Short-term accounts payable | 1 193 € | 974 € | 2 128 € | 414 € | 554 € | 0 € |
| Short-term accrued expenses and deferred income | 331 € | 288 € | 0 € | 0 € | 86 t€ | 0 € |
| Other short-term receivables | 57 t€ | 58 t€ | 58 t€ | 97 t€ | 97 t€ | 0 € |
| Other interest and financial income from non-group companies | 185 € | 287 € | 0 € | 1 € | 0 € | – |
| Other current liabilities | 13 t€ | 0 € | 6 153 € | 0 € | 30 t€ | 32 t€ |
| Reductions in value of shares and holdings in current assets | – | – | 0 € | -37 t€ | 0 € | – |
| Reserve for invested non-restricted equity | – | – | – | 0 € | 24 t€ | 0 € |
| Short-term prepayments and accrued income | 0 € | 86 € | 0 € | 15 € | 0 € | – |
| Machinery and equipment | 1 284 € | 1 712 € | 2 283 € | 3 044 € | 0 € | – |
| Retained earnings | 176 t€ | 209 t€ | 273 t€ | 315 t€ | 186 € | 0 € |
| Short-term loan receivables | – | – | 0 € | 6 123 € | 20 t€ | 0 € |
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.
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