JTH Puutyöt Oy is a limited company based in Kittilä, registered in 2020. In the financial year ending 31.12.2025, revenue was 133 t€ and operating profit 5 973 €; equity ratio 3.7 %. Its taxable income in 2024 was 307 € and its income taxes 61 €.
Revenue 2025133 t€+53 % on the previous year
Operating profit5 973 €4,5 % of revenue
Net profit345 €EBITDA -8 752 €
Equity ratio3,7 %quick ratio 0,70
Taxable income 2024307 €
lower half of its industry
Income taxes 202461 €685 € in 2021–2024
In business6 yrsregistered 5.11.2020
Kittilä: 3 new companies in 30 days
- Bella Aurora Lodge Levi OyMuu muualla luokittelematon monenlainen henkilökohtainen palvelutoiminta
- Kittilän malminetsintäpalvelut OyMuuta kaivostoimintaa ja louhintaa palveleva toiminta
- Nordic Digivolt OySähköasennus
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Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 |
|---|---|---|---|---|---|
| Revenue | 133 t€ | 87 t€ | 95 t€ | 92 t€ | 75 t€ |
| Revenue change | 52,9 % | -8,7 % | 3,5 % | 22,3 % | – |
| EBITDA | -8 752 € | 13 t€ | 8 328 € | 15 t€ | 9 048 € |
| EBITDA % | -6,6 % | 15,5 % | 8,7 % | 16,4 % | 12,0 % |
| Operating profit | 5 973 € | 6 067 € | 447 € | 4 614 € | 2 686 € |
| Operating margin | 4,5 % | 7,0 % | 0,5 % | 5,0 % | 3,6 % |
| Net profit | 345 € | 2 295 € | -2 100 € | 1 234 € | 1 256 € |
| Personnel costs | -28 t€ | 21 t€ | 15 t€ | 1 992 € | 1 620 € |
| Equity ratio | 3,7 % | 6,2 % | 1,3 % | 5,2 % | 5,5 % |
| Quick ratio | 0,70 | 0,67 | 0,54 | 0,63 | 0,22 |
| Current ratio | 0,95 | 0,85 | 0,81 | 0,74 | 0,22 |
| Debt to revenue | 58,9 % | 46,6 % | 32,2 % | 49,2 % | 28,6 % |
| Return on equity | 11,4 % | 85,4 % | -537,1 % | 49,6 % | 100,0 % |
| Balance sheet total | 81 t€ | 43 t€ | 31 t€ | 48 t€ | 23 t€ |
| Equity | 3 031 € | 2 686 € | 391 € | 2 491 € | 1 256 € |
| Cash and bank | 3 492 € | 1 654 € | 1 689 € | 1 277 € | 1 415 € |
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 | |
|---|---|---|---|---|---|
| Turnover | 133 t€ | 87 t€ | 95 t€ | 92 t€ | 75 t€ |
| Other operating income | – | 0 € | 0 € | 0 € | – |
| Raw materials and services | 44 t€ | -15 t€ | -34 t€ | -38 t€ | -38 t€ |
| Personnel expenses | 28 t€ | -21 t€ | -15 t€ | -1 992 € | -1 620 € |
| Depreciations and reductions in value | 15 t€ | -7 399 € | -7 881 € | -11 t€ | -6 362 € |
| Other operating expenses | 41 t€ | -38 t€ | -38 t€ | -37 t€ | -26 t€ |
| Operating profit (loss) | 5 973 € | 6 067 € | 447 € | 4 614 € | 2 686 € |
| Financial income and expenses + (-) | 5 566 € | -3 772 € | -2 547 € | -3 069 € | -1 116 € |
| Profit (loss) before appropriations and taxes | 406 € | 2 295 € | -2 100 € | 1 544 € | 1 570 € |
| Income taxes | 61 € | 0 € | 0 € | -310 € | -314 € |
| Profit (loss) for the financial year | 345 € | 2 295 € | -2 100 € | 1 234 € | 1 256 € |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|---|---|
| Non-current assets | 44 t€ | 22 t€ | 24 t€ | 32 t€ | 19 t€ |
| Stocks | 9 763 € | 4 423 € | 2 507 € | 2 507 € | 0 € |
| Receivables | 24 t€ | 15 t€ | 3 259 € | 13 t€ | 2 257 € |
| Cash in hand and at banks | 3 492 € | 1 654 € | 1 689 € | 1 277 € | 1 415 € |
| Current assets | 37 t€ | 21 t€ | 7 454 € | 16 t€ | 3 671 € |
| Assets | 81 t€ | 43 t€ | 31 t€ | 48 t€ | 23 t€ |
| Capital and reserves | 3 031 € | 2 686 € | 391 € | 2 491 € | 1 256 € |
| Long-term liabilities | 39 t€ | 16 t€ | 21 t€ | 23 t€ | 4 444 € |
| Short-term liabilities | 39 t€ | 25 t€ | 9 246 € | 22 t€ | 17 t€ |
| Liabilities | 78 t€ | 41 t€ | 31 t€ | 45 t€ | 22 t€ |
All financial statement items (46)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|---|---|
| Turnover | 133 t€ | 87 t€ | 95 t€ | 92 t€ | 75 t€ |
| Other operating income | – | 0 € | 0 € | 0 € | – |
| Raw materials and services | 44 t€ | -15 t€ | -34 t€ | -38 t€ | -38 t€ |
| Personnel expenses | 28 t€ | -21 t€ | -15 t€ | -1 992 € | -1 620 € |
| Depreciations and reductions in value | 15 t€ | -7 399 € | -7 881 € | -11 t€ | -6 362 € |
| Other operating expenses | 41 t€ | -38 t€ | -38 t€ | -37 t€ | -26 t€ |
| Operating profit (loss) | 5 973 € | 6 067 € | 447 € | 4 614 € | 2 686 € |
| Financial income and expenses + (-) | 5 566 € | -3 772 € | -2 547 € | -3 069 € | -1 116 € |
| Profit (loss) before appropriations and taxes | 406 € | 2 295 € | -2 100 € | 1 544 € | 1 570 € |
| Income taxes | 61 € | 0 € | 0 € | -310 € | -314 € |
| Profit (loss) for the financial year | 345 € | 2 295 € | -2 100 € | 1 234 € | 1 256 € |
| Non-current assets | 44 t€ | 22 t€ | 24 t€ | 32 t€ | 19 t€ |
| Stocks | 9 763 € | 4 423 € | 2 507 € | 2 507 € | 0 € |
| Receivables | 24 t€ | 15 t€ | 3 259 € | 13 t€ | 2 257 € |
| Cash in hand and at banks | 3 492 € | 1 654 € | 1 689 € | 1 277 € | 1 415 € |
| Current assets | 37 t€ | 21 t€ | 7 454 € | 16 t€ | 3 671 € |
| Assets | 81 t€ | 43 t€ | 31 t€ | 48 t€ | 23 t€ |
| Capital and reserves | 3 031 € | 2 686 € | 391 € | 2 491 € | 1 256 € |
| Long-term liabilities | 39 t€ | 16 t€ | 21 t€ | 23 t€ | 4 444 € |
| Short-term liabilities | 39 t€ | 25 t€ | 9 246 € | 22 t€ | 17 t€ |
| Liabilities | 78 t€ | 41 t€ | 31 t€ | 45 t€ | 22 t€ |
| Profit (loss) for the period, equity | 345 € | 2 295 € | -2 100 € | 1 234 € | 1 256 € |
| Machinery and equipment | 44 t€ | 22 t€ | 24 t€ | 32 t€ | 19 t€ |
| Long-term accounts payable | 8 798 € | 13 t€ | 16 t€ | 20 t€ | 0 € |
| Pension expenses | 3 316 € | -2 575 € | -2 067 € | -1 992 € | -1 620 € |
| Short-term accounts payable | 21 t€ | 18 t€ | 3 294 € | 9 258 € | 4 170 € |
| Short-term prepayments and accrued income | 2 818 € | 11 t€ | 565 € | 2 785 € | 196 € |
| Liabilities | 81 t€ | 43 t€ | 31 t€ | 48 t€ | 23 t€ |
| Materials and supplies | 9 763 € | 4 423 € | 2 507 € | 2 507 € | 0 € |
| Short-term accrued expenses and deferred income | 842 € | 207 € | 0 € | 310 € | 314 € |
| Short-term sales receivables | 21 t€ | 3 646 € | 2 694 € | 9 754 € | 2 060 € |
| Interest expenses and other financial expenses for non-Group companies | 5 566 € | -3 773 € | -2 547 € | -3 069 € | -1 116 € |
| Short-term liabilities to credit institutions | 9 111 € | 5 538 € | 4 298 € | 0 € | – |
| Other current liabilities | 8 188 € | 1 539 € | 1 653 € | 12 t€ | 13 t€ |
| Short-term receivables | 24 t€ | 15 t€ | 3 259 € | 13 t€ | 2 257 € |
| Other short-term receivables | 0 € | 521 € | 0 € | 0 € | 0 € |
| Retained earnings | 2 686 € | 391 € | 2 491 € | 1 256 € | 0 € |
| Inventory increase (+) or decrease (-) | -5 340 € | 1 917 € | 0 € | 2 507 € | 0 € |
| Depreciations according to plan | 15 t€ | -7 399 € | -7 881 € | -11 t€ | -6 362 € |
| Tangible assets | 44 t€ | 22 t€ | 24 t€ | 32 t€ | 19 t€ |
| Services purchased | 30 € | -525 € | -112 € | -1 060 € | 0 € |
| Long-term liabilities to credit institutions | 30 t€ | 3 231 € | 5 015 € | 3 750 € | 4 444 € |
| Purchases during the financial year | 49 t€ | -16 t€ | -34 t€ | -39 t€ | -38 t€ |
| Other interest and financial income from non-group companies | 0 € | 1 € | 0 € | 0 € | 0 € |
| Other social security expenses | 436 € | -214 € | -190 € | 0 € | – |
| Wages and salaries | 24 t€ | -18 t€ | -12 t€ | 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
Measured by taxable income, JTH Puutyöt Oy is in the lower half of the industry class manufacture of solid fuels from vegetable biomass (58 companies with taxable income; median 11 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.