TK Putki & Hitsaus Oy is a limited company based in Suonenjoki, registered in 2019. In the financial year ending 31.12.2025, revenue was 77 t€ and operating profit -16 t€; equity ratio -3.9 %.
Revenue 202577 t€-44 % on the previous year
Operating profit-16 t€-21,3 % of revenue
Net profit-22 t€EBITDA -28 t€
Equity ratio-3,9 %quick ratio 4,78
Taxable income 20240 €
profit as taxed
Income taxes 20240 €8 740 € in 2020–2024
In business7 yrsregistered 23.4.2019
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 |
|---|---|---|---|---|
| Revenue | 77 t€ | 137 t€ | 53 t€ | 115 t€ |
| Revenue change | -43,8 % | 157,5 % | -53,5 % | – |
| EBITDA | -28 t€ | 28 t€ | 37 t€ | -16 t€ |
| EBITDA % | -36,0 % | 20,3 % | 69,6 % | -13,8 % |
| Operating profit | -16 t€ | 19 t€ | 36 t€ | -24 t€ |
| Operating margin | -21,3 % | 13,9 % | 68,0 % | -21,1 % |
| Net profit | -22 t€ | 13 t€ | 31 t€ | -30 t€ |
| Personnel costs | -22 t€ | 53 t€ | 894 € | 29 t€ |
| Equity ratio | -3,9 % | 9,2 % | 2,8 % | -21,8 % |
| Quick ratio | 4,78 | 3,42 | 4,81 | 4,06 |
| Current ratio | 4,78 | 3,64 | 4,81 | 4,06 |
| Debt to revenue | 187,6 % | 118,7 % | 242,3 % | 131,9 % |
| Return on equity | – | 77,9 % | 840,7 % | – |
| Balance sheet total | 139 t€ | 179 t€ | 133 t€ | 124 t€ |
| Equity | -5 426 € | 17 t€ | 3 659 € | -27 t€ |
| Cash and bank | 5 967 € | 40 t€ | 4 773 € | 7 083 € |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|---|
| Turnover | 77 t€ | 137 t€ | 53 t€ | 115 t€ |
| Other operating income | – | 0 € | 6 918 € | 5 000 € |
| Raw materials and services | 19 t€ | -9 353 € | -7 531 € | -73 t€ |
| Personnel expenses | 22 t€ | -53 t€ | -894 € | -29 t€ |
| Depreciations and reductions in value | 11 t€ | -8 695 € | -851 € | -8 343 € |
| Other operating expenses | 41 t€ | -47 t€ | -15 t€ | -34 t€ |
| Operating profit (loss) | -16 t€ | 19 t€ | 36 t€ | -24 t€ |
| Financial income and expenses + (-) | 5 510 € | -6 248 € | -5 517 € | -5 812 € |
| Profit (loss) before appropriations and taxes | -22 t€ | 13 t€ | 31 t€ | -30 t€ |
| Profit (loss) for the financial year | -22 t€ | 13 t€ | 31 t€ | -30 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|---|
| Non-current assets | 40 t€ | 35 t€ | 16 t€ | 33 t€ |
| Stocks | 0 € | 8 520 € | 0 € | – |
| Receivables | 94 t€ | 96 t€ | 112 t€ | 84 t€ |
| Cash in hand and at banks | 5 967 € | 40 t€ | 4 773 € | 7 083 € |
| Current assets | 100 t€ | 145 t€ | 117 t€ | 91 t€ |
| Assets | 139 t€ | 179 t€ | 133 t€ | 124 t€ |
| Share capital or other similar capital | 2 800 € | 2 800 € | 2 800 € | 2 800 € |
| Capital and reserves | -5 426 € | 17 t€ | 3 659 € | -27 t€ |
| Long-term liabilities | 124 t€ | 123 t€ | 105 t€ | 129 t€ |
| Short-term liabilities | 21 t€ | 40 t€ | 24 t€ | 22 t€ |
| Liabilities | 145 t€ | 163 t€ | 129 t€ | 151 t€ |
All financial statement items (50)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|---|
| Turnover | 77 t€ | 137 t€ | 53 t€ | 115 t€ |
| Other operating income | – | 0 € | 6 918 € | 5 000 € |
| Raw materials and services | 19 t€ | -9 353 € | -7 531 € | -73 t€ |
| Personnel expenses | 22 t€ | -53 t€ | -894 € | -29 t€ |
| Depreciations and reductions in value | 11 t€ | -8 695 € | -851 € | -8 343 € |
| Other operating expenses | 41 t€ | -47 t€ | -15 t€ | -34 t€ |
| Operating profit (loss) | -16 t€ | 19 t€ | 36 t€ | -24 t€ |
| Financial income and expenses + (-) | 5 510 € | -6 248 € | -5 517 € | -5 812 € |
| Profit (loss) before appropriations and taxes | -22 t€ | 13 t€ | 31 t€ | -30 t€ |
| Profit (loss) for the financial year | -22 t€ | 13 t€ | 31 t€ | -30 t€ |
| Non-current assets | 40 t€ | 35 t€ | 16 t€ | 33 t€ |
| Stocks | 0 € | 8 520 € | 0 € | – |
| Receivables | 94 t€ | 96 t€ | 112 t€ | 84 t€ |
| Cash in hand and at banks | 5 967 € | 40 t€ | 4 773 € | 7 083 € |
| Current assets | 100 t€ | 145 t€ | 117 t€ | 91 t€ |
| Assets | 139 t€ | 179 t€ | 133 t€ | 124 t€ |
| Share capital or other similar capital | 2 800 € | 2 800 € | 2 800 € | 2 800 € |
| Capital and reserves | -5 426 € | 17 t€ | 3 659 € | -27 t€ |
| Long-term liabilities | 124 t€ | 123 t€ | 105 t€ | 129 t€ |
| Short-term liabilities | 21 t€ | 40 t€ | 24 t€ | 22 t€ |
| Liabilities | 145 t€ | 163 t€ | 129 t€ | 151 t€ |
| Other social security expenses | 1 030 € | -619 € | -96 € | -2 127 € |
| Other interest and financial income from non-group companies | – | 0 € | 3 € | 59 € |
| Short-term accrued expenses and deferred income | 0 € | 4 567 € | 322 € | 0 € |
| Tangible assets | 40 t€ | 35 t€ | 16 t€ | 33 t€ |
| Pension expenses | 2 307 € | -6 310 € | -798 € | -3 983 € |
| Finished products | 0 € | 8 520 € | 0 € | – |
| Other tangible assets | 1 900 € | 2 533 € | 0 € | – |
| Short-term liabilities to credit institutions | 15 t€ | 12 t€ | 16 t€ | 20 t€ |
| Other long-term receivables | 81 t€ | 81 t€ | 81 t€ | 80 t€ |
| Inventory increase (+) or decrease (-) | 8 520 € | 8 520 € | 0 € | – |
| Long-term liabilities to credit institutions | 124 t€ | 123 t€ | 105 t€ | 129 t€ |
| Liabilities | 139 t€ | 179 t€ | 133 t€ | 124 t€ |
| Machinery and equipment | 29 t€ | 24 t€ | 7 655 € | 25 t€ |
| Short-term loan receivables | 4 711 € | 3 609 € | 3 974 € | 2 310 € |
| Services purchased | 1 345 € | -640 € | -3 271 € | -8 101 € |
| Wages and salaries | 19 t€ | -46 t€ | 0 € | -22 t€ |
| Other short-term receivables | – | – | 0 € | 1 595 € |
| Short-term prepayments and accrued income | 0 € | 39 € | 0 € | – |
| Purchases during the financial year | 9 351 € | -17 t€ | -4 260 € | -65 t€ |
| Long-term receivables | 81 t€ | 81 t€ | 81 t€ | 80 t€ |
| Short-term sales receivables | 7 986 € | 11 t€ | 27 t€ | 0 € |
| Profit (loss) for the period, equity | -22 t€ | 13 t€ | 31 t€ | -30 t€ |
| Land and water areas, Owned | 8 127 € | 8 127 € | 8 127 € | 8 127 € |
| Other current liabilities | 5 147 € | 20 t€ | 7 184 € | 0 € |
| Interest expenses and other financial expenses for non-Group companies | 5 510 € | -6 248 € | -5 521 € | -5 871 € |
| Retained earnings | 14 t€ | 859 € | -30 t€ | 59 € |
| Short-term accounts payable | 1 228 € | 2 908 € | 907 € | 2 261 € |
| Depreciations according to plan | 11 t€ | -8 695 € | -851 € | -8 343 € |
| Short-term receivables | 13 t€ | 14 t€ | 31 t€ | 3 905 € |
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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