Sahtek Oy is a limited company based in Alajärvi, registered in 2020. In the financial year ending 31.12.2025, revenue was 382 t€ and operating profit 45 t€; equity ratio 41.4 %. Its taxable income in 2024 was 40 t€ and its income taxes 7 946 €.
Revenue 2025382 t€-7 % on the previous year
Operating profit45 t€11,7 % of revenue
Net profit31 t€EBITDA 29 t€
Equity ratio41,4 %quick ratio 1,13
Taxable income 202440 t€
upper half of its industry
Income taxes 20247 946 €40 t€ in 2021–2024
In business6 yrsregistered 24.8.2020
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 |
|---|---|---|---|---|
| Revenue | 382 t€ | 409 t€ | 414 t€ | 610 t€ |
| Revenue change | -6,8 % | -1,1 % | -32,1 % | – |
| EBITDA | 29 t€ | 63 t€ | 53 t€ | 80 t€ |
| EBITDA % | 7,6 % | 15,4 % | 12,7 % | 13,1 % |
| Operating profit | 45 t€ | 48 t€ | 45 t€ | 71 t€ |
| Operating margin | 11,7 % | 11,6 % | 11,0 % | 11,6 % |
| Net profit | 31 t€ | 32 t€ | 35 t€ | 56 t€ |
| Personnel costs | -156 t€ | 133 t€ | 153 t€ | 205 t€ |
| Equity ratio | 41,4 % | 37,5 % | 46,7 % | 31,9 % |
| Quick ratio | 1,13 | 1,18 | 1,60 | 1,12 |
| Current ratio | 1,52 | 1,49 | 1,96 | 1,50 |
| Debt to revenue | 59,9 % | 57,4 % | 32,9 % | 31,9 % |
| Return on equity | 19,5 % | 22,5 % | 29,6 % | 61,0 % |
| Balance sheet total | 390 t€ | 376 t€ | 255 t€ | 286 t€ |
| Equity | 161 t€ | 141 t€ | 119 t€ | 91 t€ |
| Cash and bank | 73 t€ | 42 t€ | 86 t€ | 50 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 | 382 t€ | 409 t€ | 414 t€ | 610 t€ |
| Other operating income | – | 0 € | 4 223 € | 0 € |
| Raw materials and services | 115 t€ | -158 t€ | -163 t€ | -275 t€ |
| Personnel expenses | 156 t€ | -133 t€ | -153 t€ | -205 t€ |
| Depreciations and reductions in value | 16 t€ | -16 t€ | -7 232 € | -9 370 € |
| Other operating expenses | 50 t€ | -55 t€ | -49 t€ | -50 t€ |
| Operating profit (loss) | 45 t€ | 48 t€ | 45 t€ | 71 t€ |
| Financial income and expenses + (-) | 5 447 € | -7 806 € | -1 502 € | -1 077 € |
| Profit (loss) before appropriations and taxes | 39 t€ | 40 t€ | 44 t€ | 69 t€ |
| Income taxes | 7 851 € | -7 946 € | -8 810 € | -14 t€ |
| Profit (loss) for the financial year | 31 t€ | 32 t€ | 35 t€ | 56 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|---|
| Non-current assets | 179 t€ | 187 t€ | 19 t€ | 26 t€ |
| Stocks | 54 t€ | 40 t€ | 44 t€ | 66 t€ |
| Receivables | 84 t€ | 108 t€ | 106 t€ | 143 t€ |
| Cash in hand and at banks | 73 t€ | 42 t€ | 86 t€ | 50 t€ |
| Current assets | 211 t€ | 190 t€ | 236 t€ | 259 t€ |
| Assets | 390 t€ | 376 t€ | 255 t€ | 286 t€ |
| Capital and reserves | 161 t€ | 141 t€ | 119 t€ | 91 t€ |
| Long-term liabilities | 89 t€ | 108 t€ | 16 t€ | 22 t€ |
| Short-term liabilities | 139 t€ | 127 t€ | 120 t€ | 173 t€ |
| Liabilities | 229 t€ | 235 t€ | 136 t€ | 195 t€ |
All financial statement items (49)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|---|
| Turnover | 382 t€ | 409 t€ | 414 t€ | 610 t€ |
| Other operating income | – | 0 € | 4 223 € | 0 € |
| Raw materials and services | 115 t€ | -158 t€ | -163 t€ | -275 t€ |
| Personnel expenses | 156 t€ | -133 t€ | -153 t€ | -205 t€ |
| Depreciations and reductions in value | 16 t€ | -16 t€ | -7 232 € | -9 370 € |
| Other operating expenses | 50 t€ | -55 t€ | -49 t€ | -50 t€ |
| Operating profit (loss) | 45 t€ | 48 t€ | 45 t€ | 71 t€ |
| Financial income and expenses + (-) | 5 447 € | -7 806 € | -1 502 € | -1 077 € |
| Profit (loss) before appropriations and taxes | 39 t€ | 40 t€ | 44 t€ | 69 t€ |
| Income taxes | 7 851 € | -7 946 € | -8 810 € | -14 t€ |
| Profit (loss) for the financial year | 31 t€ | 32 t€ | 35 t€ | 56 t€ |
| Non-current assets | 179 t€ | 187 t€ | 19 t€ | 26 t€ |
| Stocks | 54 t€ | 40 t€ | 44 t€ | 66 t€ |
| Receivables | 84 t€ | 108 t€ | 106 t€ | 143 t€ |
| Cash in hand and at banks | 73 t€ | 42 t€ | 86 t€ | 50 t€ |
| Current assets | 211 t€ | 190 t€ | 236 t€ | 259 t€ |
| Assets | 390 t€ | 376 t€ | 255 t€ | 286 t€ |
| Capital and reserves | 161 t€ | 141 t€ | 119 t€ | 91 t€ |
| Long-term liabilities | 89 t€ | 108 t€ | 16 t€ | 22 t€ |
| Short-term liabilities | 139 t€ | 127 t€ | 120 t€ | 173 t€ |
| Liabilities | 229 t€ | 235 t€ | 136 t€ | 195 t€ |
| Pension expenses | 17 t€ | -15 t€ | -14 t€ | -19 t€ |
| Depreciations according to plan | 16 t€ | -16 t€ | -7 232 € | -9 370 € |
| Tangible assets | 179 t€ | 187 t€ | 19 t€ | 26 t€ |
| Retained earnings | 130 t€ | 109 t€ | 84 t€ | 35 t€ |
| Short-term receivables | 84 t€ | 108 t€ | 106 t€ | 143 t€ |
| Other current liabilities | 19 t€ | 20 t€ | 30 t€ | 23 t€ |
| Short-term sales receivables | 83 t€ | 104 t€ | 106 t€ | 143 t€ |
| Short-term prepayments and accrued income | 1 431 € | 3 425 € | 64 € | 0 € |
| Other interest and financial income from non-group companies | 6 € | 25 € | 3 € | 0 € |
| Interest expenses and other financial expenses for non-Group companies | 5 453 € | -7 831 € | -1 504 € | -1 077 € |
| Short-term accounts payable | 9 358 € | 12 t€ | 12 t€ | 57 t€ |
| Land and water areas, Owned | 29 t€ | 29 t€ | 0 € | – |
| Other intangible assets | – | – | 0 € | 817 € |
| Finished products | 54 t€ | 40 t€ | 44 t€ | 66 t€ |
| Short-term accrued expenses and deferred income | 93 t€ | 77 t€ | 72 t€ | 86 t€ |
| Intangible assets | – | – | 0 € | 817 € |
| Profit (loss) for the period, equity | 31 t€ | 32 t€ | 35 t€ | 56 t€ |
| Other social security expenses | 5 157 € | -4 010 € | -4 670 € | -6 259 € |
| Purchases during the financial year | 129 t€ | -153 t€ | -140 t€ | -289 t€ |
| Other short-term receivables | 0 € | 205 € | 0 € | – |
| Long-term liabilities to credit institutions | 89 t€ | 108 t€ | 16 t€ | 22 t€ |
| Services purchased | 0 € | -839 € | -554 € | -13 t€ |
| Buildings and structures, Owned | 133 t€ | 143 t€ | 0 € | – |
| Wages and salaries | 135 t€ | -115 t€ | -135 t€ | -180 t€ |
| Liabilities | 390 t€ | 376 t€ | 255 t€ | 286 t€ |
| Inventory increase (+) or decrease (-) | -14 t€ | -3 828 € | -23 t€ | 27 t€ |
| Machinery and equipment | 17 t€ | 14 t€ | 19 t€ | 26 t€ |
| Short-term liabilities to credit institutions | 18 t€ | 18 t€ | 6 000 € | 6 000 € |
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, Sahtek Oy is in the upper half of the industry class electrical installation (1751 companies with taxable income; median 23 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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