Seco Bygg Rakennus Ab Oy is a limited company based in Pietarsaari, registered in 2019. In the financial year ending 31.12.2025, revenue was 63 t€ and operating profit -3 466 €; equity ratio 23.0 %.
Revenue 202563 t€-41 % on the previous year
Operating profit-3 466 €-5,5 % of revenue
Net profit-10 t€EBITDA -13 t€
Equity ratio23,0 %quick ratio 2,52
Taxable income 20240 €
-100 % on the previous year
Income taxes 20240 €6 413 € in 2020–2024
In business7 yrsregistered 30.8.2019
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 |
|---|---|---|---|---|---|---|
| Revenue | 63 t€ | 106 t€ | 99 t€ | 60 t€ | 63 t€ | 64 t€ |
| Revenue change | -40,7 % | 7,6 % | 65,6 % | -5,2 % | -1,1 % | – |
| EBITDA | -13 t€ | 1 833 € | 15 t€ | -4 753 € | 5 760 € | 16 t€ |
| EBITDA % | -20,2 % | 1,7 % | 14,9 % | -8,0 % | 9,2 % | 25,7 % |
| Operating profit | -3 466 € | -7 386 € | 15 t€ | -4 753 € | 5 760 € | 16 t€ |
| Operating margin | -5,5 % | -7,0 % | 14,9 % | -8,0 % | 9,2 % | 25,7 % |
| Net profit | -10 t€ | -11 t€ | 12 t€ | -4 751 € | 4 607 € | 13 t€ |
| Personnel costs | -50 t€ | 94 t€ | 73 t€ | 46 t€ | 44 t€ | 32 t€ |
| Equity ratio | 23,0 % | 28,9 % | 62,9 % | 88,6 % | 96,6 % | 93,7 % |
| Quick ratio | 2,52 | 2,41 | 2,28 | 8,77 | 29,52 | 15,79 |
| Current ratio | 2,52 | 2,41 | 2,28 | 8,77 | 29,52 | 15,79 |
| Debt to revenue | 90,4 % | 63,1 % | 23,0 % | 5,8 % | 1,8 % | 2,9 % |
| Return on equity | -60,4 % | -40,9 % | 30,6 % | -17,8 % | 14,7 % | 48,8 % |
| Balance sheet total | 74 t€ | 94 t€ | 61 t€ | 30 t€ | 33 t€ | 29 t€ |
| Equity | 17 t€ | 27 t€ | 38 t€ | 27 t€ | 31 t€ | 27 t€ |
| Cash and bank | 1 385 € | 5 352 € | 18 t€ | 23 t€ | 18 t€ | 23 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 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 63 t€ | 106 t€ | 99 t€ | 60 t€ | 63 t€ | 64 t€ |
| Raw materials and services | 173 € | -59 € | -2 013 € | -950 € | 0 € | -729 € |
| Personnel expenses | 50 t€ | -94 t€ | -73 t€ | -46 t€ | -44 t€ | -32 t€ |
| Depreciations and reductions in value | 9 219 € | -9 219 € | 0 € | – | – | – |
| Other operating expenses | 7 119 € | -10 t€ | -8 945 € | -17 t€ | -13 t€ | -14 t€ |
| Operating profit (loss) | -3 466 € | -7 386 € | 15 t€ | -4 753 € | 5 760 € | 16 t€ |
| Financial income and expenses + (-) | 3 861 € | -3 772 € | 4 € | 2 € | -2 € | 0 € |
| Profit (loss) before appropriations and taxes | -7 328 € | -11 t€ | 15 t€ | -4 751 € | 5 758 € | 16 t€ |
| Income taxes | 2 940 € | 0 € | -2 942 € | 0 € | -1 152 € | -3 271 € |
| Profit (loss) for the financial year | -10 t€ | -11 t€ | 12 t€ | -4 751 € | 4 607 € | 13 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Non-current assets | 64 t€ | 74 t€ | 9 345 € | 0 € | – | – |
| Receivables | 8 099 € | 15 t€ | 34 t€ | 7 580 € | 15 t€ | 5 474 € |
| Cash in hand and at banks | 1 385 € | 5 352 € | 18 t€ | 23 t€ | 18 t€ | 23 t€ |
| Current assets | 9 483 € | 21 t€ | 52 t€ | 30 t€ | 33 t€ | 29 t€ |
| Assets | 74 t€ | 94 t€ | 61 t€ | 30 t€ | 33 t€ | 29 t€ |
| Capital and reserves | 17 t€ | 27 t€ | 38 t€ | 27 t€ | 31 t€ | 27 t€ |
| Long-term liabilities | 53 t€ | 58 t€ | 0 € | – | – | – |
| Short-term liabilities | 3 764 € | 8 531 € | 23 t€ | 3 430 € | 1 101 € | 1 812 € |
| Liabilities | 57 t€ | 67 t€ | 23 t€ | 3 430 € | 1 101 € | 1 812 € |
All financial statement items (39)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 63 t€ | 106 t€ | 99 t€ | 60 t€ | 63 t€ | 64 t€ |
| Raw materials and services | 173 € | -59 € | -2 013 € | -950 € | 0 € | -729 € |
| Personnel expenses | 50 t€ | -94 t€ | -73 t€ | -46 t€ | -44 t€ | -32 t€ |
| Depreciations and reductions in value | 9 219 € | -9 219 € | 0 € | – | – | – |
| Other operating expenses | 7 119 € | -10 t€ | -8 945 € | -17 t€ | -13 t€ | -14 t€ |
| Operating profit (loss) | -3 466 € | -7 386 € | 15 t€ | -4 753 € | 5 760 € | 16 t€ |
| Financial income and expenses + (-) | 3 861 € | -3 772 € | 4 € | 2 € | -2 € | 0 € |
| Profit (loss) before appropriations and taxes | -7 328 € | -11 t€ | 15 t€ | -4 751 € | 5 758 € | 16 t€ |
| Income taxes | 2 940 € | 0 € | -2 942 € | 0 € | -1 152 € | -3 271 € |
| Profit (loss) for the financial year | -10 t€ | -11 t€ | 12 t€ | -4 751 € | 4 607 € | 13 t€ |
| Non-current assets | 64 t€ | 74 t€ | 9 345 € | 0 € | – | – |
| Receivables | 8 099 € | 15 t€ | 34 t€ | 7 580 € | 15 t€ | 5 474 € |
| Cash in hand and at banks | 1 385 € | 5 352 € | 18 t€ | 23 t€ | 18 t€ | 23 t€ |
| Current assets | 9 483 € | 21 t€ | 52 t€ | 30 t€ | 33 t€ | 29 t€ |
| Assets | 74 t€ | 94 t€ | 61 t€ | 30 t€ | 33 t€ | 29 t€ |
| Capital and reserves | 17 t€ | 27 t€ | 38 t€ | 27 t€ | 31 t€ | 27 t€ |
| Long-term liabilities | 53 t€ | 58 t€ | 0 € | – | – | – |
| Short-term liabilities | 3 764 € | 8 531 € | 23 t€ | 3 430 € | 1 101 € | 1 812 € |
| Liabilities | 57 t€ | 67 t€ | 23 t€ | 3 430 € | 1 101 € | 1 812 € |
| Long-term liabilities to credit institutions | 53 t€ | 58 t€ | 0 € | – | – | – |
| Depreciations according to plan | 9 219 € | -9 219 € | 0 € | – | – | – |
| Short-term sales receivables | 3 879 € | 10 t€ | 29 t€ | 2 037 € | 10 t€ | 4 009 € |
| Pension expenses | 4 683 € | -9 614 € | -5 372 € | -3 272 € | -3 194 € | -3 047 € |
| Profit (loss) for the period, equity | -10 t€ | -11 t€ | 12 t€ | -4 751 € | 4 607 € | 13 t€ |
| Interest expenses and other financial expenses for non-Group companies | 3 885 € | -3 814 € | 0 € | 0 € | -2 € | 0 € |
| Short-term receivables | 8 099 € | 15 t€ | 34 t€ | 7 580 € | 15 t€ | 5 474 € |
| Liabilities | 74 t€ | 94 t€ | 61 t€ | 30 t€ | 33 t€ | 29 t€ |
| Wages and salaries | 44 t€ | -82 t€ | -65 t€ | -42 t€ | -40 t€ | -28 t€ |
| Other social security expenses | 1 682 € | -2 242 € | -2 615 € | -1 196 € | -1 100 € | -892 € |
| Tangible assets | 64 t€ | 74 t€ | 9 345 € | 0 € | – | – |
| Short-term accrued expenses and deferred income | – | 0 € | 5 674 € | 0 € | – | – |
| Other short-term receivables | 1 167 € | 5 021 € | 4 995 € | 2 273 € | 1 016 € | 736 € |
| Other interest and financial income from non-group companies | 24 € | 42 € | 4 € | 2 € | 0 € | 0 € |
| Other current liabilities | 3 764 € | 8 531 € | 17 t€ | 3 430 € | 1 101 € | 1 812 € |
| Purchases during the financial year | 173 € | -59 € | -2 013 € | -950 € | 0 € | -729 € |
| Short-term prepayments and accrued income | – | – | 0 € | 3 271 € | 3 573 € | 729 € |
| Machinery and equipment | 64 t€ | 74 t€ | 9 345 € | 0 € | – | – |
| Retained earnings | 27 t€ | 38 t€ | 27 t€ | 31 t€ | 27 t€ | 14 t€ |
| Short-term loan receivables | 3 053 € | 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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