Glimmering Deep Design Oy is a limited company based in Hankasalmi, registered in 2019. In the financial year ending 28.2.2023, revenue was 30 t€ and operating profit 6 455 €; equity ratio 13.7 %. Its taxable income in 2024 was 565 € and its income taxes 213 €.
Financials
| Key figures | 28.2.2023 | 28.2.2022 |
|---|---|---|
| Revenue | 30 t€ | 17 t€ |
| Revenue change | 83,6 % | – |
| EBITDA | 6 879 € | 3 084 € |
| EBITDA % | 22,7 % | 18,7 % |
| Operating profit | 6 455 € | 2 518 € |
| Operating margin | 21,3 % | 15,3 % |
| Net profit | 3 482 € | 670 € |
| Personnel costs | 2 671 € | 15 € |
| Equity ratio | 13,7 % | 3,3 % |
| Quick ratio | 0,05 | 0,37 |
| Current ratio | 3,34 | 1,98 |
| Debt to revenue | 97,7 % | 214,9 % |
| Return on equity | 74,2 % | 55,3 % |
| Balance sheet total | 34 t€ | 37 t€ |
| Equity | 4 694 € | 1 212 € |
| Cash and bank | 0 € | 5 640 € |
Balance sheet
Income statement and balance sheet
Income statement
| 28.2.2023 | 28.2.2022 | |
|---|---|---|
| Turnover | 30 t€ | 17 t€ |
| Raw materials and services | -1 270 € | 1 819 € |
| Personnel expenses | -2 671 € | -15 € |
| Depreciations and reductions in value | -424 € | -566 € |
| Other operating expenses | -19 t€ | -15 t€ |
| Operating profit (loss) | 6 455 € | 2 518 € |
| Financial income and expenses + (-) | -2 082 € | -1 842 € |
| Profit (loss) before appropriations and taxes | 4 372 € | 676 € |
| Income taxes | -890 € | -6 € |
| Profit (loss) for the financial year | 3 482 € | 670 € |
Balance sheet
| 28.2.2023 | 28.2.2022 | |
|---|---|---|
| Non-current assets | 1 273 € | 1 698 € |
| Stocks | 33 t€ | 28 t€ |
| Receivables | 503 € | 879 € |
| Cash in hand and at banks | 0 € | 5 640 € |
| Current assets | 33 t€ | 35 t€ |
| Assets | 34 t€ | 37 t€ |
| Capital and reserves | 4 694 € | 1 212 € |
| Long-term liabilities | 20 t€ | 18 t€ |
| Short-term liabilities | 9 895 € | 18 t€ |
| Liabilities | 30 t€ | 35 t€ |
All financial statement items (44)
| 28.2.2023 | 28.2.2022 | |
|---|---|---|
| Turnover | 30 t€ | 17 t€ |
| Raw materials and services | -1 270 € | 1 819 € |
| Personnel expenses | -2 671 € | -15 € |
| Depreciations and reductions in value | -424 € | -566 € |
| Other operating expenses | -19 t€ | -15 t€ |
| Operating profit (loss) | 6 455 € | 2 518 € |
| Financial income and expenses + (-) | -2 082 € | -1 842 € |
| Profit (loss) before appropriations and taxes | 4 372 € | 676 € |
| Income taxes | -890 € | -6 € |
| Profit (loss) for the financial year | 3 482 € | 670 € |
| Non-current assets | 1 273 € | 1 698 € |
| Stocks | 33 t€ | 28 t€ |
| Receivables | 503 € | 879 € |
| Cash in hand and at banks | 0 € | 5 640 € |
| Current assets | 33 t€ | 35 t€ |
| Assets | 34 t€ | 37 t€ |
| Capital and reserves | 4 694 € | 1 212 € |
| Long-term liabilities | 20 t€ | 18 t€ |
| Short-term liabilities | 9 895 € | 18 t€ |
| Liabilities | 30 t€ | 35 t€ |
| Profit (loss) for the period, equity | 3 482 € | 670 € |
| Machinery and equipment | 1 273 € | 1 698 € |
| Short-term accounts payable | 1 082 € | 1 248 € |
| Short-term prepayments and accrued income | 0 € | 264 € |
| Liabilities | 34 t€ | 37 t€ |
| Materials and supplies | 5 191 € | 6 504 € |
| Finished products | 27 t€ | 22 t€ |
| Short-term accrued expenses and deferred income | 896 € | 6 € |
| Short-term sales receivables | 158 € | 299 € |
| Interest expenses and other financial expenses for non-Group companies | -2 094 € | -1 842 € |
| Short-term liabilities to credit institutions | 4 545 € | 4 545 € |
| Other current liabilities | 3 372 € | 12 t€ |
| Short-term receivables | 503 € | 879 € |
| Other short-term receivables | 344 € | 316 € |
| Retained earnings | 1 212 € | 542 € |
| Inventory increase (+) or decrease (-) | 4 057 € | 11 t€ |
| Depreciations according to plan | -424 € | -566 € |
| Tangible assets | 1 273 € | 1 698 € |
| Services purchased | 0 € | -137 € |
| Long-term liabilities to credit institutions | 20 t€ | 18 t€ |
| Purchases during the financial year | -5 326 € | -8 681 € |
| Other interest and financial income from non-group companies | 11 € | 0 € |
| Other social security expenses | -47 € | -15 € |
| Wages and salaries | -2 624 € | 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
Measured by taxable income, Glimmering Deep Design Oy is in the lower half of the industry manufacture of imitation jewellery and related articles (391 companies with taxable income; median 17 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.