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Axet Ab/Oy

Limited company, Pännäinen. Restaurants and cafeterias.

Axet Ab/Oy is a limited company based in Pedersören kunta, registered in 2021. In the financial year ending 31.12.2025, operating profit 52 t€; equity ratio 65.5 %. Its taxable income in 2024 was 82 t€ and its income taxes 17 t€. It holds 1 alcohol licences.

Gross profit 2025420 t€+6 % on the previous year
Operating profit52 t€
Net profit41 t€EBITDA 36 t€
Equity ratio65,5 %quick ratio 2,09
Taxable income 202482 t€ top quarter of its industry
Income taxes 202417 t€23 t€ in 2021–2024
In business5 yrsregistered 29.7.2021
Alcohol licences1latest 15.12.2021

Financials

127 t€127 t€-21 t€19 t€37 t€83 t€52 t€-21 t€19 t€30 t€65 t€41 t€20212022202320242025
RevenueOperating profitNet profit
Key figures31.12.202531.12.202431.12.202331.12.202231.12.2021
Revenue––––127 t€
Revenue change5,8 %21,6 %28,8 %275,9 %–
Gross profit420 t€397 t€327 t€254 t€67 t€
EBITDA36 t€95 t€48 t€32 t€-9 368 €
EBITDA %––––-7,4 %
Operating profit52 t€83 t€37 t€19 t€-21 t€
Operating margin––––-16,7 %
Net profit41 t€65 t€30 t€19 t€-21 t€
Personnel costs-250 t€211 t€204 t€160 t€52 t€
Equity ratio65,5 %43,0 %18,2 %-1,8 %-30,1 %
Quick ratio2,091,841,751,220,97
Current ratio2,251,961,881,361,14
Debt to revenue––––72,1 %
Return on equity30,5 %70,2 %107,9 %––
Balance sheet total204 t€216 t€152 t€121 t€70 t€
Equity134 t€93 t€28 t€-2 178 €-21 t€
Cash and bank97 t€103 t€81 t€55 t€14 t€

Balance sheet

70 t€121 t€152 t€216 t€204 t€204 t€-21 t€-2 178 €28 t€93 t€134 t€14 t€55 t€81 t€103 t€97 t€20212022202320242025
Balance sheet totalEquityCash
Income statement and balance sheet

Income statement

31.12.202531.12.202431.12.202331.12.202231.12.2021
Turnover––––127 t€
Gross profit or loss420 t€397 t€327 t€254 t€67 t€
Raw materials and services––––-60 t€
Personnel expenses250 t€-211 t€-204 t€-160 t€-52 t€
Depreciations and reductions in value15 t€-13 t€-11 t€-12 t€-12 t€
Other operating expenses103 t€-91 t€-74 t€-62 t€-25 t€
Operating profit (loss)52 t€83 t€37 t€19 t€-21 t€
Financial income and expenses + (-)451 €-1 236 €-42 €-75 €-15 €
Profit (loss) before appropriations and taxes51 t€82 t€37 t€19 t€-21 t€
Income taxes10 t€-16 t€-6 905 €0 €–
Profit (loss) for the financial year41 t€65 t€30 t€19 t€-21 t€

Balance sheet

31.12.202531.12.202431.12.202331.12.202231.12.2021
Non-current assets45 t€38 t€31 t€35 t€34 t€
Stocks12 t€11 t€8 333 €8 686 €5 345 €
Receivables50 t€64 t€32 t€22 t€16 t€
Cash in hand and at banks97 t€103 t€81 t€55 t€14 t€
Current assets159 t€178 t€121 t€85 t€36 t€
Assets204 t€216 t€152 t€121 t€70 t€
Capital and reserves134 t€93 t€28 t€-2 178 €-21 t€
Long-term liabilities0 €32 t€60 t€60 t€60 t€
Short-term liabilities70 t€91 t€64 t€63 t€32 t€
Liabilities70 t€123 t€124 t€123 t€92 t€
All financial statement items (48)
31.12.202531.12.202431.12.202331.12.202231.12.2021
Turnover––––127 t€
Gross profit or loss420 t€397 t€327 t€254 t€67 t€
Raw materials and services––––-60 t€
Personnel expenses250 t€-211 t€-204 t€-160 t€-52 t€
Depreciations and reductions in value15 t€-13 t€-11 t€-12 t€-12 t€
Other operating expenses103 t€-91 t€-74 t€-62 t€-25 t€
Operating profit (loss)52 t€83 t€37 t€19 t€-21 t€
Financial income and expenses + (-)451 €-1 236 €-42 €-75 €-15 €
Profit (loss) before appropriations and taxes51 t€82 t€37 t€19 t€-21 t€
Income taxes10 t€-16 t€-6 905 €0 €–
Profit (loss) for the financial year41 t€65 t€30 t€19 t€-21 t€
Non-current assets45 t€38 t€31 t€35 t€34 t€
Stocks12 t€11 t€8 333 €8 686 €5 345 €
Receivables50 t€64 t€32 t€22 t€16 t€
Cash in hand and at banks97 t€103 t€81 t€55 t€14 t€
Current assets159 t€178 t€121 t€85 t€36 t€
Assets204 t€216 t€152 t€121 t€70 t€
Capital and reserves134 t€93 t€28 t€-2 178 €-21 t€
Long-term liabilities0 €32 t€60 t€60 t€60 t€
Short-term liabilities70 t€91 t€64 t€63 t€32 t€
Liabilities70 t€123 t€124 t€123 t€92 t€
Purchases during the financial year––––-65 t€
Short-term receivables50 t€64 t€32 t€22 t€16 t€
Other short-term receivables–0 €1 160 €1 160 €0 €
Profit (loss) for the period, equity41 t€65 t€30 t€19 t€-21 t€
Short-term loan receivables7 €0 €–––
Tangible assets45 t€38 t€31 t€34 t€32 t€
Short-term accrued expenses and deferred income25 t€48 t€38 t€27 t€14 t€
Interest expenses and other financial expenses for non-Group companies466 €-1 258 €-46 €-79 €-15 €
Other social security expenses9 170 €-4 101 €-8 395 €-4 199 €-1 046 €
Short-term sales receivables47 t€57 t€30 t€15 t€16 t€
Depreciations according to plan15 t€-13 t€-11 t€-12 t€-12 t€
Other current liabilities12 t€16 t€11 t€13 t€6 713 €
Inventory increase (+) or decrease (-)––––5 345 €
Short-term accounts payable30 t€22 t€13 t€10 t€8 485 €
Retained earnings93 t€28 t€-2 178 €-21 t€0 €
Machinery and equipment45 t€38 t€31 t€34 t€32 t€
Long-term subordinated loans0 €32 t€60 t€60 t€60 t€
Wages and salaries195 t€-175 t€-164 t€-130 t€-43 t€
Other interest and financial income from non-group companies15 €21 €4 €4 €1 €
Other intangible assets––0 €1 025 €2 051 €
Intangible assets––0 €1 025 €2 051 €
Pension expenses46 t€-32 t€-32 t€-26 t€-7 041 €
Materials and supplies12 t€11 t€8 333 €8 686 €5 345 €
Services purchased––––-72 €
Liabilities204 t€216 t€152 t€121 t€70 t€
Short-term liabilities to Group companies3 313 €4 653 €1 980 €14 t€1 992 €
Short-term prepayments and accrued income2 711 €6 860 €829 €6 249 €285 €

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

0 €0 €35 t€82 t€82 t€2021202220232024

Measured by taxable income, Axet Ab/Oy is in the top quarter of the industry class restaurants and cafeterias (3069 companies with taxable income; median 22 t€, 3,7 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.

Alcohol licences

  • Restaurang AX bageriVasavägen 1Anniskelu

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