K Power Service Oy is a limited company based in Lapua, registered in 2019. In the financial year ending 30.6.2026, revenue was 4,1 M€ and operating profit 211 t€; equity ratio 43.0 %. Its taxable income in 2024 was 163 t€ and its income taxes 33 t€. It has won 1 public contracts in EU procurement notices.
Revenue 20264,1 M€+21 % on the previous year
Operating profit211 t€5,1 % of revenue
Net profit154 t€EBITDA 122 t€
Equity ratio43,0 %quick ratio 1,47
Taxable income 2024163 t€
top quarter of its industry
Income taxes 202433 t€131 t€ in 2020–2024
In business7 yrsregistered 29.5.2019
Contracts won1205 t€ in total
Financials
RevenueOperating profitNet profit
| Key figures | 30.6.2026 | 30.6.2025 | 30.6.2024 | 30.6.2023 | 30.6.2022 | 30.6.2021 |
|---|---|---|---|---|---|---|
| Revenue | 4,1 M€ | 3,4 M€ | 3,0 M€ | 2,3 M€ | 1,5 M€ | 1,2 M€ |
| Revenue change | 21,3 % | 14,7 % | 27,0 % | 51,8 % | 28,8 % | – |
| EBITDA | 122 t€ | 188 t€ | 287 t€ | 104 t€ | 141 t€ | 331 t€ |
| EBITDA % | 3,0 % | 5,5 % | 9,7 % | 4,5 % | 9,2 % | 27,8 % |
| Operating profit | 211 t€ | 82 t€ | 176 t€ | 48 t€ | 114 t€ | 306 t€ |
| Operating margin | 5,1 % | 2,4 % | 6,0 % | 2,1 % | 7,4 % | 25,7 % |
| Net profit | 154 t€ | 51 t€ | 129 t€ | 35 t€ | 88 t€ | 242 t€ |
| Personnel costs | -1,1 M€ | 914 t€ | 728 t€ | 335 t€ | 164 t€ | 115 t€ |
| Equity ratio | 43,0 % | 34,6 % | 35,7 % | 50,3 % | 63,8 % | 65,2 % |
| Quick ratio | 1,47 | 1,21 | 1,63 | 1,81 | 1,70 | 1,32 |
| Current ratio | 1,52 | 1,25 | 1,67 | 1,81 | 1,70 | 2,28 |
| Debt to revenue | 19,5 % | 27,3 % | 28,4 % | 14,3 % | 12,1 % | 11,7 % |
| Return on equity | 25,4 % | 10,4 % | 27,6 % | 10,4 % | 26,9 % | 93,0 % |
| Balance sheet total | 1,5 M€ | 1,6 M€ | 1,3 M€ | 701 t€ | 784 t€ | 487 t€ |
| Equity | 606 t€ | 489 t€ | 466 t€ | 337 t€ | 328 t€ | 261 t€ |
| Cash and bank | 199 t€ | 74 t€ | 257 t€ | 80 t€ | 106 t€ | 161 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 30.6.2026 | 30.6.2025 | 30.6.2024 | 30.6.2023 | 30.6.2022 | 30.6.2021 | |
|---|---|---|---|---|---|---|
| Turnover | 4,1 M€ | 3,4 M€ | 3,0 M€ | 2,3 M€ | 1,5 M€ | 1,2 M€ |
| Raw materials and services | 2,0 M€ | -1,6 M€ | -1,4 M€ | -1,3 M€ | -774 t€ | -599 t€ |
| Personnel expenses | 1,1 M€ | -914 t€ | -728 t€ | -335 t€ | -164 t€ | -115 t€ |
| Depreciations and reductions in value | 90 t€ | -106 t€ | -111 t€ | -56 t€ | -27 t€ | -26 t€ |
| Other operating expenses | 713 t€ | -648 t€ | -569 t€ | -610 t€ | -283 t€ | -232 t€ |
| Operating profit (loss) | 211 t€ | 82 t€ | 176 t€ | 48 t€ | 114 t€ | 306 t€ |
| Financial income and expenses + (-) | 18 t€ | -18 t€ | -15 t€ | -4 039 € | -2 690 € | -2 512 € |
| Profit (loss) before appropriations and taxes | 193 t€ | 64 t€ | 161 t€ | 44 t€ | 111 t€ | 303 t€ |
| Income taxes | 40 t€ | -14 t€ | -33 t€ | -9 207 € | -23 t€ | -61 t€ |
| Profit (loss) for the financial year | 154 t€ | 51 t€ | 129 t€ | 35 t€ | 88 t€ | 242 t€ |
Balance sheet
| 30.6.2026 | 30.6.2025 | 30.6.2024 | 30.6.2023 | 30.6.2022 | 30.6.2021 | |
|---|---|---|---|---|---|---|
| Non-current assets | 518 t€ | 519 t€ | 507 t€ | 141 t€ | 77 t€ | 80 t€ |
| Stocks | 32 t€ | 34 t€ | 19 t€ | 0 € | 0 € | 172 t€ |
| Receivables | 772 t€ | 979 t€ | 521 t€ | 479 t€ | 601 t€ | 75 t€ |
| Cash in hand and at banks | 199 t€ | 74 t€ | 257 t€ | 80 t€ | 106 t€ | 161 t€ |
| Current assets | 1,0 M€ | 1,1 M€ | 797 t€ | 559 t€ | 707 t€ | 407 t€ |
| Assets | 1,5 M€ | 1,6 M€ | 1,3 M€ | 701 t€ | 784 t€ | 487 t€ |
| Share capital or other similar capital | 3 000 € | 3 000 € | 3 000 € | 3 000 € | 3 000 € | 3 000 € |
| Capital and reserves | 606 t€ | 489 t€ | 466 t€ | 337 t€ | 328 t€ | 261 t€ |
| Long-term liabilities | 254 t€ | 244 t€ | 361 t€ | 55 t€ | 41 t€ | 48 t€ |
| Short-term liabilities | 662 t€ | 873 t€ | 477 t€ | 308 t€ | 415 t€ | 179 t€ |
| Liabilities | 916 t€ | 1,1 M€ | 838 t€ | 364 t€ | 456 t€ | 226 t€ |
All financial statement items (54)
| 30.6.2026 | 30.6.2025 | 30.6.2024 | 30.6.2023 | 30.6.2022 | 30.6.2021 | |
|---|---|---|---|---|---|---|
| Turnover | 4,1 M€ | 3,4 M€ | 3,0 M€ | 2,3 M€ | 1,5 M€ | 1,2 M€ |
| Raw materials and services | 2,0 M€ | -1,6 M€ | -1,4 M€ | -1,3 M€ | -774 t€ | -599 t€ |
| Personnel expenses | 1,1 M€ | -914 t€ | -728 t€ | -335 t€ | -164 t€ | -115 t€ |
| Depreciations and reductions in value | 90 t€ | -106 t€ | -111 t€ | -56 t€ | -27 t€ | -26 t€ |
| Other operating expenses | 713 t€ | -648 t€ | -569 t€ | -610 t€ | -283 t€ | -232 t€ |
| Operating profit (loss) | 211 t€ | 82 t€ | 176 t€ | 48 t€ | 114 t€ | 306 t€ |
| Financial income and expenses + (-) | 18 t€ | -18 t€ | -15 t€ | -4 039 € | -2 690 € | -2 512 € |
| Profit (loss) before appropriations and taxes | 193 t€ | 64 t€ | 161 t€ | 44 t€ | 111 t€ | 303 t€ |
| Income taxes | 40 t€ | -14 t€ | -33 t€ | -9 207 € | -23 t€ | -61 t€ |
| Profit (loss) for the financial year | 154 t€ | 51 t€ | 129 t€ | 35 t€ | 88 t€ | 242 t€ |
| Non-current assets | 518 t€ | 519 t€ | 507 t€ | 141 t€ | 77 t€ | 80 t€ |
| Stocks | 32 t€ | 34 t€ | 19 t€ | 0 € | 0 € | 172 t€ |
| Receivables | 772 t€ | 979 t€ | 521 t€ | 479 t€ | 601 t€ | 75 t€ |
| Cash in hand and at banks | 199 t€ | 74 t€ | 257 t€ | 80 t€ | 106 t€ | 161 t€ |
| Current assets | 1,0 M€ | 1,1 M€ | 797 t€ | 559 t€ | 707 t€ | 407 t€ |
| Assets | 1,5 M€ | 1,6 M€ | 1,3 M€ | 701 t€ | 784 t€ | 487 t€ |
| Share capital or other similar capital | 3 000 € | 3 000 € | 3 000 € | 3 000 € | 3 000 € | 3 000 € |
| Capital and reserves | 606 t€ | 489 t€ | 466 t€ | 337 t€ | 328 t€ | 261 t€ |
| Long-term liabilities | 254 t€ | 244 t€ | 361 t€ | 55 t€ | 41 t€ | 48 t€ |
| Short-term liabilities | 662 t€ | 873 t€ | 477 t€ | 308 t€ | 415 t€ | 179 t€ |
| Liabilities | 916 t€ | 1,1 M€ | 838 t€ | 364 t€ | 456 t€ | 226 t€ |
| Other social security expenses | 47 t€ | -28 t€ | -25 t€ | -14 t€ | -5 160 € | -2 297 € |
| Other interest and financial income from non-group companies | 48 € | 683 € | 44 € | 39 € | 366 € | 1 050 € |
| Short-term accrued expenses and deferred income | 205 t€ | 207 t€ | 148 t€ | 40 t€ | 31 t€ | 32 t€ |
| Tangible assets | 518 t€ | 519 t€ | 488 t€ | 98 t€ | 64 t€ | 60 t€ |
| Pension expenses | 158 t€ | -132 t€ | -103 t€ | -41 t€ | -16 t€ | -4 969 € |
| Short-term liabilities to credit institutions | 36 t€ | 35 t€ | 40 t€ | 12 t€ | 6 800 € | 6 800 € |
| Inventory increase (+) or decrease (-) | 2 355 € | 16 t€ | 19 t€ | 0 € | – | – |
| Goodwill | – | – | 0 € | 4 000 € | 8 000 € | 12 t€ |
| Long-term liabilities to credit institutions | 254 t€ | 244 t€ | 361 t€ | 55 t€ | 41 t€ | 48 t€ |
| Liabilities | 1,5 M€ | 1,6 M€ | 1,3 M€ | 701 t€ | 784 t€ | 487 t€ |
| Machinery and equipment | 197 t€ | 182 t€ | 196 t€ | 96 t€ | 60 t€ | 56 t€ |
| Work in progress | – | – | – | – | 0 € | 172 t€ |
| Short-term loan receivables | – | – | – | 0 € | 15 t€ | 15 t€ |
| Services purchased | 1,2 M€ | -1,0 M€ | -1,0 M€ | -1,1 M€ | -575 t€ | -481 t€ |
| Wages and salaries | 905 t€ | -754 t€ | -600 t€ | -280 t€ | -143 t€ | -107 t€ |
| Buildings and structures, Owned | 304 t€ | 320 t€ | 275 t€ | 2 897 € | 3 621 € | 4 527 € |
| Intangible assets | – | 0 € | 19 t€ | 43 t€ | 13 t€ | 19 t€ |
| Other short-term receivables | 3 € | 0 € | 6 739 € | 535 € | 7 497 € | 24 t€ |
| Short-term prepayments and accrued income | 348 t€ | 371 t€ | 63 t€ | 111 t€ | 330 t€ | 5 946 € |
| Purchases during the financial year | 797 t€ | -610 t€ | -355 t€ | -184 t€ | -199 t€ | -118 t€ |
| Change in stocks of products + (-) | – | – | – | 0 € | -172 t€ | 87 t€ |
| Short-term sales receivables | 424 t€ | 608 t€ | 452 t€ | 367 t€ | 249 t€ | 30 t€ |
| Short-term advances received | 114 t€ | 191 t€ | 0 € | 31 t€ | 269 t€ | 87 t€ |
| Profit (loss) for the period, equity | 154 t€ | 51 t€ | 129 t€ | 35 t€ | 88 t€ | 242 t€ |
| Other current liabilities | 104 t€ | 132 t€ | 112 t€ | 28 t€ | 13 t€ | 10 t€ |
| Other intangible assets | – | 0 € | 19 t€ | 39 t€ | 5 418 € | 7 330 € |
| Interest expenses and other financial expenses for non-Group companies | 18 t€ | -19 t€ | -15 t€ | -4 078 € | -3 056 € | -3 562 € |
| Retained earnings | 449 t€ | 436 t€ | 334 t€ | 299 t€ | 237 t€ | 15 t€ |
| Land and water areas, Owned | 17 t€ | 17 t€ | 17 t€ | 0 € | – | – |
| Materials and supplies | 32 t€ | 34 t€ | 19 t€ | 0 € | – | – |
| Short-term accounts payable | 203 t€ | 308 t€ | 177 t€ | 197 t€ | 94 t€ | 43 t€ |
| Depreciations according to plan | 90 t€ | -106 t€ | -111 t€ | -56 t€ | -27 t€ | -26 t€ |
| Short-term receivables | 772 t€ | 979 t€ | 521 t€ | 479 t€ | 601 t€ | 75 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, K Power Service Oy is in the top quarter of the industry class repair and maintenance of fabricated metal products (97 companies with taxable income; median 23 t€, 7,0 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.
Public contracts won
- Mustankorkea Oy:n kompostointilaitoksen jälkikypsytyshallin korjausurakkaMustankorkea Oy205 t€
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