Asennuspalvelu Iiro Jokitalo Oy is a limited company based in Kuopio, registered in 2019. In the financial year ending 31.12.2025, revenue was 190 t€ and operating profit 27 t€; equity ratio 80.7 %. Its taxable income in 2024 was 28 t€ and its income taxes 5 514 €.
Revenue 2025190 t€+30 % on the previous year
Operating profit27 t€14,5 % of revenue
Net profit21 t€EBITDA 23 t€
Equity ratio80,7 %quick ratio 3,62
Taxable income 202428 t€
upper half of its industry
Income taxes 20245 514 €13 t€ in 2020–2024
In business7 yrsregistered 14.8.2019
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Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 |
|---|---|---|---|---|
| Revenue | 190 t€ | 146 t€ | 81 t€ | 168 t€ |
| Revenue change | 29,9 % | 79,5 % | -51,6 % | – |
| EBITDA | 23 t€ | 41 t€ | -10 t€ | 7 590 € |
| EBITDA % | 12,3 % | 28,1 % | -12,6 % | 4,5 % |
| Operating profit | 27 t€ | 38 t€ | -13 t€ | 3 944 € |
| Operating margin | 14,5 % | 26,1 % | -15,9 % | 2,3 % |
| Net profit | 21 t€ | 33 t€ | -13 t€ | 2 984 € |
| Personnel costs | -71 t€ | 55 t€ | 49 t€ | 57 t€ |
| Equity ratio | 80,7 % | 76,9 % | 50,6 % | 56,8 % |
| Quick ratio | 3,62 | 3,65 | 1,26 | 1,75 |
| Current ratio | 3,62 | 3,65 | 1,26 | 1,75 |
| Debt to revenue | 7,8 % | 9,1 % | 13,2 % | 11,5 % |
| Return on equity | 33,9 % | 75,2 % | -117,8 % | 11,7 % |
| Balance sheet total | 76 t€ | 58 t€ | 22 t€ | 45 t€ |
| Equity | 62 t€ | 44 t€ | 11 t€ | 25 t€ |
| Cash and bank | 36 t€ | 24 t€ | 3 148 € | 13 t€ |
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 | 190 t€ | 146 t€ | 81 t€ | 168 t€ |
| Other operating income | 2 616 € | 0 € | – | – |
| Raw materials and services | 56 t€ | -15 t€ | -22 t€ | -82 t€ |
| Personnel expenses | 71 t€ | -55 t€ | -49 t€ | -57 t€ |
| Depreciations and reductions in value | 4 154 € | -3 038 € | -2 734 € | -3 645 € |
| Other operating expenses | 34 t€ | -35 t€ | -20 t€ | -21 t€ |
| Operating profit (loss) | 27 t€ | 38 t€ | -13 t€ | 3 944 € |
| Financial income and expenses + (-) | 61 € | 361 € | 0 € | -214 € |
| Profit (loss) before appropriations and taxes | 27 t€ | 38 t€ | -13 t€ | 3 731 € |
| Income taxes | 6 569 € | -5 134 € | 0 € | -746 € |
| Profit (loss) for the financial year | 21 t€ | 33 t€ | -13 t€ | 2 984 € |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|---|
| Non-current assets | 23 t€ | 9 115 € | 8 202 € | 11 t€ |
| Receivables | 17 t€ | 24 t€ | 10 t€ | 21 t€ |
| Cash in hand and at banks | 36 t€ | 24 t€ | 3 148 € | 13 t€ |
| Current assets | 53 t€ | 48 t€ | 14 t€ | 34 t€ |
| Assets | 76 t€ | 58 t€ | 22 t€ | 45 t€ |
| Capital and reserves | 62 t€ | 44 t€ | 11 t€ | 25 t€ |
| Short-term liabilities | 15 t€ | 13 t€ | 11 t€ | 19 t€ |
| Liabilities | 15 t€ | 13 t€ | 11 t€ | 19 t€ |
All financial statement items (41)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|---|
| Turnover | 190 t€ | 146 t€ | 81 t€ | 168 t€ |
| Other operating income | 2 616 € | 0 € | – | – |
| Raw materials and services | 56 t€ | -15 t€ | -22 t€ | -82 t€ |
| Personnel expenses | 71 t€ | -55 t€ | -49 t€ | -57 t€ |
| Depreciations and reductions in value | 4 154 € | -3 038 € | -2 734 € | -3 645 € |
| Other operating expenses | 34 t€ | -35 t€ | -20 t€ | -21 t€ |
| Operating profit (loss) | 27 t€ | 38 t€ | -13 t€ | 3 944 € |
| Financial income and expenses + (-) | 61 € | 361 € | 0 € | -214 € |
| Profit (loss) before appropriations and taxes | 27 t€ | 38 t€ | -13 t€ | 3 731 € |
| Income taxes | 6 569 € | -5 134 € | 0 € | -746 € |
| Profit (loss) for the financial year | 21 t€ | 33 t€ | -13 t€ | 2 984 € |
| Non-current assets | 23 t€ | 9 115 € | 8 202 € | 11 t€ |
| Receivables | 17 t€ | 24 t€ | 10 t€ | 21 t€ |
| Cash in hand and at banks | 36 t€ | 24 t€ | 3 148 € | 13 t€ |
| Current assets | 53 t€ | 48 t€ | 14 t€ | 34 t€ |
| Assets | 76 t€ | 58 t€ | 22 t€ | 45 t€ |
| Capital and reserves | 62 t€ | 44 t€ | 11 t€ | 25 t€ |
| Short-term liabilities | 15 t€ | 13 t€ | 11 t€ | 19 t€ |
| Liabilities | 15 t€ | 13 t€ | 11 t€ | 19 t€ |
| Investments | 10 t€ | 0 € | – | – |
| Other short-term receivables | 2 505 € | 1 549 € | 0 € | – |
| Other current liabilities | 11 t€ | 5 250 € | 10 t€ | 13 t€ |
| Retained earnings | 41 t€ | 11 t€ | 24 t€ | 22 t€ |
| Short-term prepayments and accrued income | 1 606 € | 4 674 € | 2 399 € | 7 265 € |
| Short-term accounts payable | 1 900 € | 3 060 € | 505 € | 5 774 € |
| Short-term sales receivables | 13 t€ | 18 t€ | 7 993 € | 14 t€ |
| Purchases during the financial year | 43 t€ | -15 t€ | -21 t€ | -73 t€ |
| Profit (loss) for the period, equity | 21 t€ | 33 t€ | -13 t€ | 2 984 € |
| Short-term receivables | 17 t€ | 24 t€ | 10 t€ | 21 t€ |
| Interest expenses and other financial expenses for non-Group companies | 884 € | 0 € | 0 € | -214 € |
| Tangible assets | 12 t€ | 9 115 € | 8 202 € | 11 t€ |
| Wages and salaries | 63 t€ | -48 t€ | -45 t€ | -51 t€ |
| Short-term accrued expenses and deferred income | 1 489 € | 4 954 € | 0 € | 225 € |
| Liabilities | 76 t€ | 58 t€ | 22 t€ | 45 t€ |
| Other interest and financial income from non-group companies | 823 € | 361 € | 0 € | 1 € |
| Other social security expenses | 3 014 € | -1 452 € | -956 € | -2 897 € |
| Machinery and equipment | 12 t€ | 9 115 € | 8 202 € | 11 t€ |
| Depreciations according to plan | 4 154 € | -3 038 € | -2 734 € | -3 645 € |
| Services purchased | 12 t€ | -299 € | -551 € | -9 349 € |
| Other shares and similar rights of ownership | 10 t€ | 0 € | – | – |
| Pension expenses | 4 783 € | -5 106 € | -3 275 € | -3 775 € |
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, Asennuspalvelu Iiro Jokitalo Oy is in the upper half of the industry class other miscellaneous specialised construction activities n.e.c. (1418 companies with taxable income; median 19 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.