T-Tek Oy is a limited company based in Kempele, registered in 2020. In the financial year ending 31.12.2024, revenue was 239 t€ and operating profit 5 177 €; equity ratio 3.5 %. Its taxable income in 2024 was 2 531 € and its income taxes 506 €.
Revenue 2024239 t€+24 % on the previous year
Operating profit5 177 €2,2 % of revenue
Net profit2 019 €EBITDA 16 t€
Equity ratio3,5 %quick ratio 0,79
Taxable income 20242 531 €
lower half of its industry
Income taxes 2024506 €533 € in 2021–2024
In business6 yrsregistered 11.8.2020
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 |
|---|---|---|---|---|
| Revenue | 239 t€ | 194 t€ | 142 t€ | 106 t€ |
| Revenue change | 23,5 % | 36,7 % | 33,8 % | – |
| EBITDA | 16 t€ | 13 t€ | 2 145 € | -4 756 € |
| EBITDA % | 6,5 % | 6,5 % | 1,5 % | -4,5 % |
| Operating profit | 5 177 € | 8 982 € | 1 105 € | -6 143 € |
| Operating margin | 2,2 % | 4,6 % | 0,8 % | -5,8 % |
| Net profit | 2 019 € | 7 601 € | 251 € | -7 860 € |
| Personnel costs | 142 t€ | 115 t€ | 103 t€ | 83 t€ |
| Equity ratio | 3,5 % | -0,0 % | 1467,2 % | -97,9 % |
| Quick ratio | 0,79 | 0,61 | 0,47 | 0,43 |
| Current ratio | 0,79 | 0,61 | 0,47 | 0,43 |
| Debt to revenue | 23,4 % | 9,6 % | 5,0 % | 15,0 % |
| Return on equity | 100,4 % | – | – | – |
| Balance sheet total | 58 t€ | 19 t€ | 10 t€ | 8 028 € |
| Equity | 2 010 € | -9 € | -7 609 € | -7 860 € |
| Cash and bank | 9 569 € | 1 734 € | 3 147 € | 3 360 € |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|---|
| Turnover | 239 t€ | 194 t€ | 142 t€ | 106 t€ |
| Other operating income | 4 500 € | 3 060 € | 300 € | 1 613 € |
| Raw materials and services | -8 209 € | -14 t€ | -177 € | -5 388 € |
| Personnel expenses | -142 t€ | -115 t€ | -103 t€ | -83 t€ |
| Depreciations and reductions in value | -10 t€ | -3 655 € | -1 040 € | -1 387 € |
| Other operating expenses | -78 t€ | -55 t€ | -36 t€ | -24 t€ |
| Operating profit (loss) | 5 177 € | 8 982 € | 1 105 € | -6 143 € |
| Financial income and expenses + (-) | -2 652 € | -1 354 € | -854 € | -1 717 € |
| Profit (loss) before appropriations and taxes | 2 525 € | 7 628 € | 251 € | -7 860 € |
| Income taxes | -506 € | -27 € | 0 € | – |
| Profit (loss) for the financial year | 2 019 € | 7 601 € | 251 € | -7 860 € |
Balance sheet
| 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|---|
| Non-current assets | 45 t€ | 11 t€ | 3 120 € | 4 161 € |
| Receivables | 3 785 € | 5 821 € | 3 814 € | 507 € |
| Cash in hand and at banks | 9 569 € | 1 734 € | 3 147 € | 3 360 € |
| Current assets | 13 t€ | 7 555 € | 6 961 € | 3 867 € |
| Assets | 58 t€ | 19 t€ | 10 t€ | 8 028 € |
| Capital and reserves | 2 010 € | -9 € | -7 609 € | -7 860 € |
| Long-term liabilities | 39 t€ | 6 097 € | 2 869 € | 6 864 € |
| Short-term liabilities | 17 t€ | 12 t€ | 15 t€ | 9 024 € |
| Liabilities | 56 t€ | 19 t€ | 18 t€ | 16 t€ |
All financial statement items (43)
| 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|---|
| Turnover | 239 t€ | 194 t€ | 142 t€ | 106 t€ |
| Other operating income | 4 500 € | 3 060 € | 300 € | 1 613 € |
| Raw materials and services | -8 209 € | -14 t€ | -177 € | -5 388 € |
| Personnel expenses | -142 t€ | -115 t€ | -103 t€ | -83 t€ |
| Depreciations and reductions in value | -10 t€ | -3 655 € | -1 040 € | -1 387 € |
| Other operating expenses | -78 t€ | -55 t€ | -36 t€ | -24 t€ |
| Operating profit (loss) | 5 177 € | 8 982 € | 1 105 € | -6 143 € |
| Financial income and expenses + (-) | -2 652 € | -1 354 € | -854 € | -1 717 € |
| Profit (loss) before appropriations and taxes | 2 525 € | 7 628 € | 251 € | -7 860 € |
| Income taxes | -506 € | -27 € | 0 € | – |
| Profit (loss) for the financial year | 2 019 € | 7 601 € | 251 € | -7 860 € |
| Non-current assets | 45 t€ | 11 t€ | 3 120 € | 4 161 € |
| Receivables | 3 785 € | 5 821 € | 3 814 € | 507 € |
| Cash in hand and at banks | 9 569 € | 1 734 € | 3 147 € | 3 360 € |
| Current assets | 13 t€ | 7 555 € | 6 961 € | 3 867 € |
| Assets | 58 t€ | 19 t€ | 10 t€ | 8 028 € |
| Capital and reserves | 2 010 € | -9 € | -7 609 € | -7 860 € |
| Long-term liabilities | 39 t€ | 6 097 € | 2 869 € | 6 864 € |
| Short-term liabilities | 17 t€ | 12 t€ | 15 t€ | 9 024 € |
| Liabilities | 56 t€ | 19 t€ | 18 t€ | 16 t€ |
| Purchases during the financial year | -7 209 € | -1 129 € | -177 € | -5 388 € |
| Short-term receivables | 3 785 € | 5 821 € | 3 814 € | 507 € |
| Other short-term receivables | 3 022 € | 1 181 € | 350 € | 317 € |
| Profit (loss) for the period, equity | 2 019 € | 7 601 € | 251 € | -7 860 € |
| Tangible assets | 45 t€ | 11 t€ | 3 120 € | 4 161 € |
| Short-term accrued expenses and deferred income | 4 835 € | 8 478 € | 1 269 € | 237 € |
| Interest expenses and other financial expenses for non-Group companies | -2 661 € | -1 354 € | -855 € | -1 721 € |
| Long-term liabilities to credit institutions | 39 t€ | 6 097 € | 2 869 € | 6 864 € |
| Other social security expenses | -6 449 € | -5 497 € | -6 553 € | -4 440 € |
| Short-term sales receivables | 502 € | 4 470 € | 2 700 € | 0 € |
| Depreciations according to plan | -10 t€ | -3 655 € | -1 040 € | -1 387 € |
| Other current liabilities | 1 808 € | 3 954 € | 2 435 € | 4 458 € |
| Short-term accounts payable | 1 558 € | 0 € | 518 € | 4 330 € |
| Retained earnings | -9 € | -7 609 € | -7 860 € | 0 € |
| Machinery and equipment | 45 t€ | 11 t€ | 3 120 € | 4 161 € |
| Wages and salaries | -124 t€ | -101 t€ | -92 t€ | -68 t€ |
| Other interest and financial income from non-group companies | 9 € | 0 € | 1 € | 4 € |
| Short-term liabilities to credit institutions | 8 677 € | 0 € | – | – |
| Pension expenses | -11 t€ | -9 299 € | -4 488 € | -10 t€ |
| Liabilities | 58 t€ | 19 t€ | 10 t€ | 8 028 € |
| Services purchased | -1 000 € | -12 t€ | 0 € | – |
| Short-term advances received | – | 0 € | 11 t€ | 0 € |
| Short-term prepayments and accrued income | 261 € | 171 € | 764 € | 190 € |
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, T-Tek Oy is in the lower half of the industry class plumbing, heat and air-conditioning installation (1803 companies with taxable income; median 25 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.
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