Kaivinvest Oy is a limited company based in Tervola, registered in 2021. In the financial year ending 31.8.2025, revenue was 53 t€ and operating profit 7 401 €; equity ratio 47.8 %. Its taxable income in 2024 was 4 413 € and its income taxes 983 €.
Financials
| Key figures | 31.8.2025 | 31.8.2024 |
|---|---|---|
| Revenue | 53 t€ | 39 t€ |
| Revenue change | 35,4 % | – |
| EBITDA | 7 989 € | 3 465 € |
| EBITDA % | 15,1 % | 8,9 % |
| Operating profit | 7 401 € | 2 680 € |
| Operating margin | 14,0 % | 6,9 % |
| Net profit | 3 959 € | 1 146 € |
| Personnel costs | 21 t€ | 17 t€ |
| Equity ratio | 47,8 % | 35,6 % |
| Quick ratio | 0,88 | 1,15 |
| Current ratio | 0,88 | 1,15 |
| Debt to revenue | 23,5 % | 34,4 % |
| Return on equity | 34,8 % | 15,4 % |
| Balance sheet total | 24 t€ | 21 t€ |
| Equity | 11 t€ | 7 427 € |
| Cash and bank | 6 494 € | 7 618 € |
Balance sheet
Income statement and balance sheet
Income statement
| 31.8.2025 | 31.8.2024 | |
|---|---|---|
| Turnover | 53 t€ | 39 t€ |
| Other operating income | 478 € | 984 € |
| Raw materials and services | -11 t€ | -6 284 € |
| Personnel expenses | -21 t€ | -17 t€ |
| Depreciations and reductions in value | -588 € | -784 € |
| Other operating expenses | -14 t€ | -13 t€ |
| Operating profit (loss) | 7 401 € | 2 680 € |
| Financial income and expenses + (-) | -1 488 € | -651 € |
| Profit (loss) before appropriations and taxes | 5 913 € | 2 029 € |
| Income taxes | -1 954 € | -883 € |
| Profit (loss) for the financial year | 3 959 € | 1 146 € |
Balance sheet
| 31.8.2025 | 31.8.2024 | |
|---|---|---|
| Non-current assets | 16 t€ | 11 t€ |
| Receivables | 1 565 € | 1 909 € |
| Cash in hand and at banks | 6 494 € | 7 618 € |
| Current assets | 8 059 € | 9 527 € |
| Assets | 24 t€ | 21 t€ |
| Capital and reserves | 11 t€ | 7 427 € |
| Long-term liabilities | 3 326 € | 5 186 € |
| Short-term liabilities | 9 112 € | 8 267 € |
| Liabilities | 12 t€ | 13 t€ |
All financial statement items (43)
| 31.8.2025 | 31.8.2024 | |
|---|---|---|
| Turnover | 53 t€ | 39 t€ |
| Other operating income | 478 € | 984 € |
| Raw materials and services | -11 t€ | -6 284 € |
| Personnel expenses | -21 t€ | -17 t€ |
| Depreciations and reductions in value | -588 € | -784 € |
| Other operating expenses | -14 t€ | -13 t€ |
| Operating profit (loss) | 7 401 € | 2 680 € |
| Financial income and expenses + (-) | -1 488 € | -651 € |
| Profit (loss) before appropriations and taxes | 5 913 € | 2 029 € |
| Income taxes | -1 954 € | -883 € |
| Profit (loss) for the financial year | 3 959 € | 1 146 € |
| Non-current assets | 16 t€ | 11 t€ |
| Receivables | 1 565 € | 1 909 € |
| Cash in hand and at banks | 6 494 € | 7 618 € |
| Current assets | 8 059 € | 9 527 € |
| Assets | 24 t€ | 21 t€ |
| Capital and reserves | 11 t€ | 7 427 € |
| Long-term liabilities | 3 326 € | 5 186 € |
| Short-term liabilities | 9 112 € | 8 267 € |
| Liabilities | 12 t€ | 13 t€ |
| Pension expenses | -4 342 € | -3 829 € |
| Depreciations according to plan | -588 € | -784 € |
| Tangible assets | 1 765 € | 2 354 € |
| Retained earnings | 7 427 € | 6 281 € |
| Short-term receivables | 1 565 € | 1 909 € |
| Other current liabilities | 5 316 € | 3 366 € |
| Short-term sales receivables | 637 € | 385 € |
| Short-term prepayments and accrued income | 928 € | 0 € |
| Interest expenses and other financial expenses for non-Group companies | -1 488 € | -651 € |
| Short-term accounts payable | 536 € | 3 070 € |
| Short-term accrued expenses and deferred income | 1 400 € | 0 € |
| Profit (loss) for the period, equity | 3 959 € | 1 146 € |
| Investments | 14 t€ | 9 000 € |
| Other social security expenses | -320 € | -297 € |
| Purchases during the financial year | -4 213 € | -6 284 € |
| Other short-term receivables | 0 € | 1 524 € |
| Long-term liabilities to credit institutions | 3 326 € | 5 186 € |
| Services purchased | -6 433 € | 0 € |
| Wages and salaries | -16 t€ | -13 t€ |
| Liabilities | 24 t€ | 21 t€ |
| Other shares and similar rights of ownership | 14 t€ | 9 000 € |
| Machinery and equipment | 1 765 € | 2 354 € |
| Short-term liabilities to credit institutions | 1 860 € | 1 831 € |
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, Kaivinvest Oy is in the lower half of the industry class rental and operating of own or leased non-residential real estate (6953 companies with taxable income; median 22 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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