N. Kronqvist Ab is a limited company based in Pietarsaari, registered in 2021. In the financial year ending 31.12.2025, revenue was 9 024 € and operating profit -2 838 €; equity ratio 70.8 %.
Revenue 20259 024 €-68 % on the previous year
Operating profit-2 838 €-31,4 % of revenue
Net profit-2 232 €EBITDA -3 089 €
Equity ratio70,8 %quick ratio 0,41
In business5 yrsregistered 14.10.2021
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Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 |
|---|---|---|---|---|
| Revenue | 9 024 € | 28 t€ | 57 t€ | 53 t€ |
| Revenue change | -68,3 % | -50,0 % | 7,3 % | – |
| EBITDA | -3 089 € | -20 t€ | 6 116 € | 24 t€ |
| EBITDA % | -34,2 % | -70,4 % | 10,7 % | 44,8 % |
| Operating profit | -2 838 € | -20 t€ | 5 693 € | 23 t€ |
| Operating margin | -31,4 % | -71,3 % | 10,0 % | 43,7 % |
| Net profit | -2 232 € | -20 t€ | 3 839 € | 18 t€ |
| Personnel costs | -6 528 € | 40 t€ | 42 t€ | 20 t€ |
| Equity ratio | 70,8 % | 1,7 % | 67,3 % | 65,7 % |
| Quick ratio | 0,41 | 0,93 | 2,94 | 2,73 |
| Current ratio | 0,41 | 0,93 | 2,94 | 2,73 |
| Debt to revenue | 82,1 % | 41,9 % | 18,8 % | 17,9 % |
| Return on equity | -12,4 % | -9721,7 % | 17,5 % | 100,0 % |
| Balance sheet total | 25 t€ | 12 t€ | 33 t€ | 28 t€ |
| Equity | 18 t€ | 209 € | 22 t€ | 18 t€ |
| Cash and bank | 2 927 € | 9 136 € | 25 t€ | 14 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|---|
| Turnover | 9 024 € | 28 t€ | 57 t€ | 53 t€ |
| Raw materials and services | 0 € | -326 € | 0 € | -477 € |
| Personnel expenses | 6 528 € | -40 t€ | -42 t€ | -20 t€ |
| Depreciations and reductions in value | 251 € | -264 € | -423 € | -564 € |
| Other operating expenses | 5 082 € | -8 101 € | -9 157 € | -8 820 € |
| Operating profit (loss) | -2 838 € | -20 t€ | 5 693 € | 23 t€ |
| Financial income and expenses + (-) | -605 € | -14 € | -124 € | -384 € |
| Profit (loss) before appropriations and taxes | -2 232 € | -20 t€ | 5 569 € | 23 t€ |
| Income taxes | – | 0 € | -1 730 € | -4 677 € |
| Profit (loss) for the financial year | -2 232 € | -20 t€ | 3 839 € | 18 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|---|
| Non-current assets | 22 t€ | 1 005 € | 1 270 € | 1 693 € |
| Receivables | 122 € | 1 992 € | 6 820 € | 12 t€ |
| Cash in hand and at banks | 2 927 € | 9 136 € | 25 t€ | 14 t€ |
| Current assets | 3 049 € | 11 t€ | 31 t€ | 26 t€ |
| Assets | 25 t€ | 12 t€ | 33 t€ | 28 t€ |
| Capital and reserves | 18 t€ | 209 € | 22 t€ | 18 t€ |
| Short-term liabilities | 7 410 € | 12 t€ | 11 t€ | 9 491 € |
| Liabilities | 7 410 € | 12 t€ | 11 t€ | 9 491 € |
All financial statement items (39)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|---|
| Turnover | 9 024 € | 28 t€ | 57 t€ | 53 t€ |
| Raw materials and services | 0 € | -326 € | 0 € | -477 € |
| Personnel expenses | 6 528 € | -40 t€ | -42 t€ | -20 t€ |
| Depreciations and reductions in value | 251 € | -264 € | -423 € | -564 € |
| Other operating expenses | 5 082 € | -8 101 € | -9 157 € | -8 820 € |
| Operating profit (loss) | -2 838 € | -20 t€ | 5 693 € | 23 t€ |
| Financial income and expenses + (-) | -605 € | -14 € | -124 € | -384 € |
| Profit (loss) before appropriations and taxes | -2 232 € | -20 t€ | 5 569 € | 23 t€ |
| Income taxes | – | 0 € | -1 730 € | -4 677 € |
| Profit (loss) for the financial year | -2 232 € | -20 t€ | 3 839 € | 18 t€ |
| Non-current assets | 22 t€ | 1 005 € | 1 270 € | 1 693 € |
| Receivables | 122 € | 1 992 € | 6 820 € | 12 t€ |
| Cash in hand and at banks | 2 927 € | 9 136 € | 25 t€ | 14 t€ |
| Current assets | 3 049 € | 11 t€ | 31 t€ | 26 t€ |
| Assets | 25 t€ | 12 t€ | 33 t€ | 28 t€ |
| Capital and reserves | 18 t€ | 209 € | 22 t€ | 18 t€ |
| Short-term liabilities | 7 410 € | 12 t€ | 11 t€ | 9 491 € |
| Liabilities | 7 410 € | 12 t€ | 11 t€ | 9 491 € |
| Investments | 22 t€ | 0 € | – | – |
| Other short-term receivables | 122 € | 382 € | 0 € | 128 € |
| Other current liabilities | 7 028 € | 11 t€ | 11 t€ | 9 491 € |
| Retained earnings | 20 t€ | 21 t€ | 18 t€ | 0 € |
| Short-term prepayments and accrued income | – | 0 € | 4 861 € | 614 € |
| Short-term accounts payable | 381 € | 810 € | 147 € | 0 € |
| Short-term sales receivables | 0 € | 1 610 € | 1 959 € | 12 t€ |
| Purchases during the financial year | 0 € | -326 € | 0 € | -477 € |
| Profit (loss) for the period, equity | -2 232 € | -20 t€ | 3 839 € | 18 t€ |
| Short-term receivables | 122 € | 1 992 € | 6 820 € | 12 t€ |
| Interest expenses and other financial expenses for non-Group companies | 179 € | -72 € | -132 € | -384 € |
| Tangible assets | 754 € | 1 005 € | 1 270 € | 1 693 € |
| Wages and salaries | 6 000 € | -18 t€ | -24 t€ | -9 000 € |
| Liabilities | 25 t€ | 12 t€ | 33 t€ | 28 t€ |
| Other interest and financial income from non-group companies | 0 € | 58 € | 8 € | 0 € |
| Other social security expenses | 583 € | -1 899 € | -2 499 € | -3 111 € |
| Machinery and equipment | 754 € | 1 005 € | 1 270 € | 1 693 € |
| Depreciations according to plan | 251 € | -264 € | -423 € | -564 € |
| Other shares and similar rights of ownership | 22 t€ | 0 € | – | – |
| Pension expenses | -55 € | -20 t€ | -15 t€ | -7 932 € |
| Income from other investments under non-current assets, from other companies | 784 € | 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
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.