Oy Livsglädje - Elämänilo Oy is a limited company based in Kristiinankaupunki, registered in 2020. In the financial year ending 31.12.2023, revenue was 42 t€ and operating profit -454 €; equity ratio 76.6 %. Its taxable income in 2024 was 10 t€ and its income taxes 2 500 €.
Financials
| Key figures | 31.12.2023 | 31.12.2022 | 31.12.2021 |
|---|---|---|---|
| Revenue | 42 t€ | 43 t€ | 34 t€ |
| Revenue change | -3,1 % | 28,6 % | – |
| EBITDA | -454 € | 1 665 € | 14 t€ |
| EBITDA % | -1,1 % | 3,8 % | 40,2 % |
| Operating profit | -454 € | 1 665 € | 14 t€ |
| Operating margin | -1,1 % | 3,8 % | 40,2 % |
| Net profit | -890 € | 1 181 € | 11 t€ |
| Personnel costs | 40 t€ | 39 t€ | 19 t€ |
| Equity ratio | 76,6 % | 72,3 % | 68,0 % |
| Quick ratio | 4,28 | 3,61 | 3,12 |
| Current ratio | 4,28 | 3,61 | 3,12 |
| Debt to revenue | 8,1 % | 10,6 % | 15,2 % |
| Return on equity | -8,0 % | 9,8 % | 100,0 % |
| Balance sheet total | 15 t€ | 17 t€ | 16 t€ |
| Equity | 11 t€ | 12 t€ | 11 t€ |
| Cash and bank | 10 t€ | 12 t€ | 7 869 € |
Balance sheet
Income statement and balance sheet
Income statement
| 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|
| Turnover | 42 t€ | 43 t€ | 34 t€ |
| Other operating income | 164 € | 469 € | 0 € |
| Raw materials and services | -354 € | 0 € | – |
| Personnel expenses | -40 t€ | -39 t€ | -19 t€ |
| Other operating expenses | -2 754 € | -3 580 € | -1 658 € |
| Operating profit (loss) | -454 € | 1 665 € | 14 t€ |
| Financial income and expenses + (-) | -440 € | -54 € | -2 € |
| Profit (loss) before appropriations and taxes | -894 € | 1 611 € | 14 t€ |
| Income taxes | 4 € | -430 € | -2 719 € |
| Profit (loss) for the financial year | -890 € | 1 181 € | 11 t€ |
Balance sheet
| 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|
| Receivables | 4 439 € | 4 982 € | 8 129 € |
| Cash in hand and at banks | 10 t€ | 12 t€ | 7 869 € |
| Current assets | 15 t€ | 17 t€ | 16 t€ |
| Assets | 15 t€ | 17 t€ | 16 t€ |
| Capital and reserves | 11 t€ | 12 t€ | 11 t€ |
| Short-term liabilities | 3 404 € | 4 625 € | 5 124 € |
| Liabilities | 3 404 € | 4 625 € | 5 124 € |
All financial statement items (33)
| 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|
| Turnover | 42 t€ | 43 t€ | 34 t€ |
| Other operating income | 164 € | 469 € | 0 € |
| Raw materials and services | -354 € | 0 € | – |
| Personnel expenses | -40 t€ | -39 t€ | -19 t€ |
| Other operating expenses | -2 754 € | -3 580 € | -1 658 € |
| Operating profit (loss) | -454 € | 1 665 € | 14 t€ |
| Financial income and expenses + (-) | -440 € | -54 € | -2 € |
| Profit (loss) before appropriations and taxes | -894 € | 1 611 € | 14 t€ |
| Income taxes | 4 € | -430 € | -2 719 € |
| Profit (loss) for the financial year | -890 € | 1 181 € | 11 t€ |
| Receivables | 4 439 € | 4 982 € | 8 129 € |
| Cash in hand and at banks | 10 t€ | 12 t€ | 7 869 € |
| Current assets | 15 t€ | 17 t€ | 16 t€ |
| Assets | 15 t€ | 17 t€ | 16 t€ |
| Capital and reserves | 11 t€ | 12 t€ | 11 t€ |
| Short-term liabilities | 3 404 € | 4 625 € | 5 124 € |
| Liabilities | 3 404 € | 4 625 € | 5 124 € |
| Profit (loss) for the period, equity | -890 € | 1 181 € | 11 t€ |
| Pension expenses | -764 € | -1 550 € | 0 € |
| Short-term accounts payable | 250 € | 539 € | 74 € |
| Short-term prepayments and accrued income | 1 588 € | 670 € | 0 € |
| Liabilities | 15 t€ | 17 t€ | 16 t€ |
| Other interest and financial income from non-group companies | 18 € | 0 € | – |
| Short-term accrued expenses and deferred income | 1 701 € | 2 708 € | 1 319 € |
| Short-term sales receivables | 2 767 € | 4 090 € | 8 129 € |
| Interest expenses and other financial expenses for non-Group companies | -459 € | -54 € | -2 € |
| Other current liabilities | 1 453 € | 1 379 € | 3 731 € |
| Short-term receivables | 4 439 € | 4 982 € | 8 129 € |
| Other short-term receivables | 84 € | 222 € | 0 € |
| Retained earnings | 12 t€ | 11 t€ | 0 € |
| Purchases during the financial year | -354 € | 0 € | – |
| Other social security expenses | -1 246 € | -1 140 € | -552 € |
| Wages and salaries | -38 t€ | -36 t€ | -18 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, Oy Livsglädje - Elämänilo Oy is in the lower half of the industry class home help services for older persons and persons with disabilities (233 companies with taxable income; median 14 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.