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Fagerholms VVS Ab

Limited company, Pännäinen. Plumbing, heat and air-conditioning installation.

Fagerholms VVS Ab is a limited company based in Pedersören kunta, registered in 2021. In the financial year ending 30.4.2026, operating profit 54 t€; equity ratio 84.0 %. Its taxable income in 2024 was 54 t€ and its income taxes 11 t€.

Gross profit 2026126 t€+1 % on the previous year
Operating profit54 t€
Net profit43 t€EBITDA 50 t€
Equity ratio84,0 %quick ratio 4,38
Taxable income 202454 t€ upper half of its industry
Income taxes 202411 t€42 t€ in 2022–2024
In business5 yrsregistered 10.5.2021

Financials

100 t€141 t€120 t€125 t€126 t€126 t€75 t€84 t€55 t€60 t€54 t€59 t€66 t€43 t€48 t€43 t€2022-042023-042024-042025-042026-04
Gross profitOperating profitNet profit
Key figures30.4.202630.4.202530.4.202430.4.202330.4.2022
Revenue change0,9 %3,9 %-14,7 %40,6 %–
Gross profit126 t€125 t€120 t€141 t€100 t€
EBITDA50 t€65 t€57 t€87 t€78 t€
Operating profit54 t€60 t€55 t€84 t€75 t€
Net profit43 t€48 t€43 t€66 t€59 t€
Personnel costs-48 t€42 t€42 t€39 t€14 t€
Equity ratio84,0 %82,4 %79,4 %61,0 %32,6 %
Quick ratio4,383,873,212,071,47
Current ratio5,995,314,722,801,85
Return on equity19,7 %25,4 %28,1 %54,9 %100,0 %
Balance sheet total258 t€230 t€193 t€196 t€180 t€
Equity217 t€189 t€153 t€120 t€59 t€
Cash and bank145 t€135 t€101 t€55 t€114 t€

Balance sheet

180 t€196 t€193 t€230 t€258 t€258 t€59 t€120 t€153 t€189 t€217 t€114 t€55 t€101 t€135 t€145 t€2022-042023-042024-042025-042026-04
Balance sheet totalEquityCash
Income statement and balance sheet

Income statement

30.4.202630.4.202530.4.202430.4.202330.4.2022
Gross profit or loss126 t€125 t€120 t€141 t€100 t€
Personnel expenses48 t€-42 t€-42 t€-39 t€-14 t€
Depreciations and reductions in value3 683 €-4 910 €-1 928 €-2 571 €-3 427 €
Other operating expenses21 t€-18 t€-22 t€-16 t€-8 152 €
Operating profit (loss)54 t€60 t€55 t€84 t€75 t€
Financial income and expenses + (-)8 €-242 €-1 072 €-1 878 €-1 524 €
Profit (loss) before appropriations and taxes54 t€60 t€54 t€82 t€73 t€
Income taxes11 t€-12 t€-11 t€-16 t€-15 t€
Profit (loss) for the financial year43 t€48 t€43 t€66 t€59 t€

Balance sheet

30.4.202630.4.202530.4.202430.4.202330.4.2022
Non-current assets11 t€15 t€5 784 €7 712 €10 t€
Stocks66 t€58 t€60 t€49 t€35 t€
Receivables36 t€21 t€26 t€84 t€21 t€
Cash in hand and at banks145 t€135 t€101 t€55 t€114 t€
Current assets247 t€215 t€187 t€188 t€170 t€
Assets258 t€230 t€193 t€196 t€180 t€
Capital and reserves217 t€189 t€153 t€120 t€59 t€
Long-term liabilities––0 €9 341 €30 t€
Short-term liabilities41 t€40 t€40 t€67 t€92 t€
Liabilities41 t€40 t€40 t€77 t€121 t€
All financial statement items (40)
30.4.202630.4.202530.4.202430.4.202330.4.2022
Gross profit or loss126 t€125 t€120 t€141 t€100 t€
Personnel expenses48 t€-42 t€-42 t€-39 t€-14 t€
Depreciations and reductions in value3 683 €-4 910 €-1 928 €-2 571 €-3 427 €
Other operating expenses21 t€-18 t€-22 t€-16 t€-8 152 €
Operating profit (loss)54 t€60 t€55 t€84 t€75 t€
Financial income and expenses + (-)8 €-242 €-1 072 €-1 878 €-1 524 €
Profit (loss) before appropriations and taxes54 t€60 t€54 t€82 t€73 t€
Income taxes11 t€-12 t€-11 t€-16 t€-15 t€
Profit (loss) for the financial year43 t€48 t€43 t€66 t€59 t€
Non-current assets11 t€15 t€5 784 €7 712 €10 t€
Stocks66 t€58 t€60 t€49 t€35 t€
Receivables36 t€21 t€26 t€84 t€21 t€
Cash in hand and at banks145 t€135 t€101 t€55 t€114 t€
Current assets247 t€215 t€187 t€188 t€170 t€
Assets258 t€230 t€193 t€196 t€180 t€
Capital and reserves217 t€189 t€153 t€120 t€59 t€
Long-term liabilities––0 €9 341 €30 t€
Short-term liabilities41 t€40 t€40 t€67 t€92 t€
Liabilities41 t€40 t€40 t€77 t€121 t€
Retained earnings174 t€141 t€110 t€54 t€0 €
Tangible assets11 t€15 t€5 784 €7 712 €10 t€
Short-term liabilities to credit institutions–0 €8 749 €8 570 €8 348 €
Wages and salaries38 t€-34 t€-34 t€-31 t€-11 t€
Other short-term receivables0 €1 543 €5 €5 €5 €
Liabilities258 t€230 t€193 t€196 t€180 t€
Machinery and equipment11 t€15 t€5 784 €7 712 €10 t€
Short-term sales receivables35 t€15 t€20 t€84 t€20 t€
Short-term accounts payable21 t€25 t€13 t€31 t€61 t€
Short-term prepayments and accrued income1 131 €4 971 €5 643 €710 €879 €
Short-term accrued expenses and deferred income––0 €6 662 €9 978 €
Short-term receivables36 t€21 t€26 t€84 t€21 t€
Other current liabilities20 t€15 t€17 t€21 t€13 t€
Other social security expenses1 554 €-1 840 €-2 098 €-1 919 €-336 €
Profit (loss) for the period, equity43 t€48 t€43 t€66 t€59 t€
Finished products66 t€58 t€60 t€49 t€35 t€
Interest expenses and other financial expenses for non-Group companies13 €-248 €-1 072 €-1 878 €-1 524 €
Other interest and financial income from non-group companies5 €6 €0 €0 €–
Depreciations according to plan3 683 €-4 910 €-1 928 €-2 571 €-3 427 €
Long-term liabilities to credit institutions––0 €9 341 €30 t€
Pension expenses8 290 €-6 198 €-5 761 €-5 712 €-2 628 €

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

73 t€82 t€54 t€54 t€202220232024

Measured by taxable income, Fagerholms VVS Ab is in the upper half of the industry class plumbing, heat and air-conditioning installation (1803 companies with taxable income; median 25 t€, 2,2 times the median).

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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