Hietikko A&R Oy is a limited company based in Vaasa, registered in 2020. In the financial year ending 30.4.2026, revenue was 128 t€ and operating profit -2 526 €; equity ratio -17.4 %.
Revenue 2026128 t€+17 % on the previous year
Operating profit-2 526 €-2,0 % of revenue
Net profit-3 931 €EBITDA -4 463 €
Equity ratio-17,4 %quick ratio 1,36
Taxable income 20240 €
profit as taxed
Income taxes 2024100 €1 236 € in 2022–2024
In business5 yrsregistered 30.11.2020
Financials
RevenueOperating profitNet profit
| Key figures | 30.4.2026 | 30.4.2025 | 30.4.2024 | 30.4.2023 | 30.4.2022 |
|---|---|---|---|---|---|
| Revenue | 128 t€ | 109 t€ | 80 t€ | 52 t€ | 53 t€ |
| Revenue change | 17,2 % | 36,6 % | 54,8 % | -2,5 % | – |
| EBITDA | -4 463 € | 5 609 € | 10 t€ | 68 € | 8 300 € |
| EBITDA % | -3,5 % | 5,1 % | 12,8 % | 0,1 % | 15,7 % |
| Operating profit | -2 526 € | 3 395 € | 4 300 € | -7 807 € | 6 425 € |
| Operating margin | -2,0 % | 3,1 % | 5,4 % | -15,1 % | 12,1 % |
| Net profit | -3 931 € | 1 636 € | 3 004 € | -9 108 € | 4 540 € |
| Personnel costs | -41 t€ | 40 t€ | 9 977 € | 11 t€ | 19 t€ |
| Equity ratio | -17,4 % | 0,2 % | -4,3 % | -13,5 % | 43,2 % |
| Quick ratio | 1,36 | 1,79 | 1,33 | 1,93 | 0,82 |
| Current ratio | 1,36 | 1,79 | 1,33 | 1,93 | 0,82 |
| Debt to revenue | 20,3 % | 31,2 % | 47,1 % | 74,5 % | 11,3 % |
| Return on equity | – | 2269,4 % | – | – | 100,0 % |
| Balance sheet total | 22 t€ | 34 t€ | 36 t€ | 34 t€ | 11 t€ |
| Equity | -3 859 € | 72 € | -1 564 € | -4 568 € | 4 540 € |
| Cash and bank | 7 204 € | 3 027 € | 11 t€ | 227 € | 1 € |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 30.4.2026 | 30.4.2025 | 30.4.2024 | 30.4.2023 | 30.4.2022 | |
|---|---|---|---|---|---|
| Turnover | 128 t€ | 109 t€ | 80 t€ | 52 t€ | 53 t€ |
| Other operating income | – | – | 0 € | 6 000 € | – |
| Raw materials and services | 56 t€ | -31 t€ | -30 t€ | -9 943 € | -11 t€ |
| Personnel expenses | 41 t€ | -40 t€ | -9 977 € | -11 t€ | -19 t€ |
| Depreciations and reductions in value | 1 937 € | -2 214 € | -5 906 € | -7 875 € | -1 875 € |
| Other operating expenses | 32 t€ | -33 t€ | -30 t€ | -37 t€ | -15 t€ |
| Operating profit (loss) | -2 526 € | 3 395 € | 4 300 € | -7 807 € | 6 425 € |
| Financial income and expenses + (-) | 1 409 € | -1 808 € | -1 295 € | -1 302 € | -749 € |
| Profit (loss) before appropriations and taxes | -3 935 € | 1 587 € | 3 005 € | -9 108 € | 5 676 € |
| Income taxes | -5 € | 49 € | 0 € | 0 € | -1 136 € |
| Profit (loss) for the financial year | -3 931 € | 1 636 € | 3 004 € | -9 108 € | 4 540 € |
Balance sheet
| 30.4.2026 | 30.4.2025 | 30.4.2024 | 30.4.2023 | 30.4.2022 | |
|---|---|---|---|---|---|
| Non-current assets | 14 t€ | 16 t€ | 18 t€ | 24 t€ | 5 625 € |
| Receivables | 1 400 € | 16 t€ | 7 150 € | 10 t€ | 4 877 € |
| Cash in hand and at banks | 7 204 € | 3 027 € | 11 t€ | 227 € | 1 € |
| Current assets | 8 604 € | 19 t€ | 18 t€ | 10 t€ | 4 878 € |
| Assets | 22 t€ | 34 t€ | 36 t€ | 34 t€ | 11 t€ |
| Capital and reserves | -3 859 € | 72 € | -1 564 € | -4 568 € | 4 540 € |
| Long-term liabilities | 20 t€ | 24 t€ | 24 t€ | 33 t€ | – |
| Short-term liabilities | 6 314 € | 10 t€ | 14 t€ | 5 312 € | 5 963 € |
| Liabilities | 26 t€ | 34 t€ | 38 t€ | 38 t€ | 5 963 € |
All financial statement items (43)
| 30.4.2026 | 30.4.2025 | 30.4.2024 | 30.4.2023 | 30.4.2022 | |
|---|---|---|---|---|---|
| Turnover | 128 t€ | 109 t€ | 80 t€ | 52 t€ | 53 t€ |
| Other operating income | – | – | 0 € | 6 000 € | – |
| Raw materials and services | 56 t€ | -31 t€ | -30 t€ | -9 943 € | -11 t€ |
| Personnel expenses | 41 t€ | -40 t€ | -9 977 € | -11 t€ | -19 t€ |
| Depreciations and reductions in value | 1 937 € | -2 214 € | -5 906 € | -7 875 € | -1 875 € |
| Other operating expenses | 32 t€ | -33 t€ | -30 t€ | -37 t€ | -15 t€ |
| Operating profit (loss) | -2 526 € | 3 395 € | 4 300 € | -7 807 € | 6 425 € |
| Financial income and expenses + (-) | 1 409 € | -1 808 € | -1 295 € | -1 302 € | -749 € |
| Profit (loss) before appropriations and taxes | -3 935 € | 1 587 € | 3 005 € | -9 108 € | 5 676 € |
| Income taxes | -5 € | 49 € | 0 € | 0 € | -1 136 € |
| Profit (loss) for the financial year | -3 931 € | 1 636 € | 3 004 € | -9 108 € | 4 540 € |
| Non-current assets | 14 t€ | 16 t€ | 18 t€ | 24 t€ | 5 625 € |
| Receivables | 1 400 € | 16 t€ | 7 150 € | 10 t€ | 4 877 € |
| Cash in hand and at banks | 7 204 € | 3 027 € | 11 t€ | 227 € | 1 € |
| Current assets | 8 604 € | 19 t€ | 18 t€ | 10 t€ | 4 878 € |
| Assets | 22 t€ | 34 t€ | 36 t€ | 34 t€ | 11 t€ |
| Capital and reserves | -3 859 € | 72 € | -1 564 € | -4 568 € | 4 540 € |
| Long-term liabilities | 20 t€ | 24 t€ | 24 t€ | 33 t€ | – |
| Short-term liabilities | 6 314 € | 10 t€ | 14 t€ | 5 312 € | 5 963 € |
| Liabilities | 26 t€ | 34 t€ | 38 t€ | 38 t€ | 5 963 € |
| Pension expenses | -3 167 € | -4 540 € | 0 € | -911 € | -2 071 € |
| Depreciations according to plan | 1 937 € | -2 214 € | -5 906 € | -7 875 € | -1 875 € |
| Tangible assets | 14 t€ | 16 t€ | 18 t€ | 24 t€ | 5 625 € |
| Retained earnings | 72 € | -1 564 € | -4 568 € | 4 540 € | – |
| Short-term receivables | 1 400 € | 16 t€ | 7 150 € | 10 t€ | 4 877 € |
| Long-term accounts payable | 0 € | 579 € | 555 € | 1 294 € | – |
| Other current liabilities | 3 685 € | 4 200 € | 5 663 € | 4 028 € | 4 446 € |
| Short-term sales receivables | 0 € | 14 t€ | 3 248 € | 6 917 € | – |
| Short-term prepayments and accrued income | – | 0 € | 1 799 € | 1 499 € | 3 877 € |
| Other interest and financial income from non-group companies | – | 0 € | 4 € | 2 € | 1 € |
| Interest expenses and other financial expenses for non-Group companies | 1 409 € | -1 808 € | -1 299 € | -1 303 € | -750 € |
| Short-term accounts payable | 2 629 € | 3 040 € | 4 897 € | 4 285 € | 751 € |
| Short-term accrued expenses and deferred income | 0 € | 3 167 € | 0 € | – | 136 € |
| Profit (loss) for the period, equity | -3 931 € | 1 636 € | 3 004 € | -9 108 € | 4 540 € |
| Other social security expenses | 2 366 € | -1 912 € | -1 379 € | -1 493 € | -1 757 € |
| Purchases during the financial year | 50 t€ | -24 t€ | -23 t€ | -9 943 € | -11 t€ |
| Other short-term receivables | 1 400 € | 1 395 € | 2 103 € | 1 619 € | 1 000 € |
| Long-term liabilities to credit institutions | 20 t€ | 23 t€ | 23 t€ | 32 t€ | – |
| Services purchased | 6 002 € | -7 063 € | -6 209 € | 0 € | – |
| Wages and salaries | 42 t€ | -33 t€ | -8 598 € | -8 400 € | -15 t€ |
| Liabilities | 22 t€ | 34 t€ | 36 t€ | 34 t€ | 11 t€ |
| Machinery and equipment | 14 t€ | 16 t€ | 18 t€ | 24 t€ | 5 625 € |
| Short-term liabilities to credit institutions | – | 0 € | 3 200 € | -3 000 € | 630 € |
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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