Pinusco Oy is a limited company based in Helsinki, registered in 2022. The company has been in liquidation since 29.9.2026. In the financial year ending 31.5.2025, revenue was 34 t€ and operating profit -2 422 €; equity ratio 50.6 %. Latest Trade Register entry: liquidation, 26.10.2026.
Revenue 202534 t€-28 % on the previous year
Operating profit-2 422 €-7,2 % of revenue
Net profit-2 422 €EBITDA -2 422 €
Equity ratio50,6 %quick ratio 1,45
Taxable income 20240 €
-100 % on the previous year
Income taxes 20240 €2 743 € in 2023–2024
In business4 yrsregistered 14.2.2022
Trade Register1entries, latest: liquidation
StatusIn liquidationsince 29.9.2026
Financials
RevenueOperating profitNet profit
| Key figures | 31.5.2025 | 31.5.2024 | 31.5.2023 |
|---|---|---|---|
| Revenue | 34 t€ | 46 t€ | 153 t€ |
| Revenue change | -27,8 % | -69,6 % | – |
| EBITDA | -2 422 € | -5 388 € | 13 t€ |
| EBITDA % | -7,2 % | -11,6 % | 8,7 % |
| Operating profit | -2 422 € | -5 388 € | 13 t€ |
| Operating margin | -7,2 % | -11,6 % | 8,7 % |
| Net profit | -2 422 € | -5 406 € | 11 t€ |
| Personnel costs | 26 t€ | 37 t€ | 127 t€ |
| Equity ratio | 50,6 % | 69,8 % | 44,0 % |
| Quick ratio | 1,45 | 2,62 | 1,76 |
| Current ratio | 1,45 | 2,62 | 1,76 |
| Debt to revenue | 7,9 % | 4,8 % | 8,8 % |
| Return on equity | -89,0 % | -105,1 % | 100,0 % |
| Balance sheet total | 5 378 € | 7 373 € | 24 t€ |
| Equity | 2 721 € | 5 143 € | 11 t€ |
| Cash and bank | 1 484 € | 2 207 € | 17 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.5.2025 | 31.5.2024 | 31.5.2023 | |
|---|---|---|---|
| Turnover | 34 t€ | 46 t€ | 153 t€ |
| Raw materials and services | 0 € | -27 € | 0 € |
| Personnel expenses | -26 t€ | -37 t€ | -127 t€ |
| Other operating expenses | -10 t€ | -15 t€ | -12 t€ |
| Operating profit (loss) | -2 422 € | -5 388 € | 13 t€ |
| Financial income and expenses + (-) | 1 € | -18 € | -45 € |
| Profit (loss) before appropriations and taxes | -2 422 € | -5 406 € | 13 t€ |
| Income taxes | – | 0 € | -2 743 € |
| Profit (loss) for the financial year | -2 422 € | -5 406 € | 11 t€ |
Balance sheet
| 31.5.2025 | 31.5.2024 | 31.5.2023 | |
|---|---|---|---|
| Non-current assets | 1 526 € | 1 526 € | 361 € |
| Receivables | 2 367 € | 3 639 € | 6 163 € |
| Cash in hand and at banks | 1 484 € | 2 207 € | 17 t€ |
| Current assets | 3 852 € | 5 846 € | 24 t€ |
| Assets | 5 378 € | 7 373 € | 24 t€ |
| Capital and reserves | 2 721 € | 5 143 € | 11 t€ |
| Short-term liabilities | 2 657 € | 2 230 € | 13 t€ |
| Liabilities | 2 657 € | 2 230 € | 13 t€ |
All financial statement items (35)
| 31.5.2025 | 31.5.2024 | 31.5.2023 | |
|---|---|---|---|
| Turnover | 34 t€ | 46 t€ | 153 t€ |
| Raw materials and services | 0 € | -27 € | 0 € |
| Personnel expenses | -26 t€ | -37 t€ | -127 t€ |
| Other operating expenses | -10 t€ | -15 t€ | -12 t€ |
| Operating profit (loss) | -2 422 € | -5 388 € | 13 t€ |
| Financial income and expenses + (-) | 1 € | -18 € | -45 € |
| Profit (loss) before appropriations and taxes | -2 422 € | -5 406 € | 13 t€ |
| Income taxes | – | 0 € | -2 743 € |
| Profit (loss) for the financial year | -2 422 € | -5 406 € | 11 t€ |
| Non-current assets | 1 526 € | 1 526 € | 361 € |
| Receivables | 2 367 € | 3 639 € | 6 163 € |
| Cash in hand and at banks | 1 484 € | 2 207 € | 17 t€ |
| Current assets | 3 852 € | 5 846 € | 24 t€ |
| Assets | 5 378 € | 7 373 € | 24 t€ |
| Capital and reserves | 2 721 € | 5 143 € | 11 t€ |
| Short-term liabilities | 2 657 € | 2 230 € | 13 t€ |
| Liabilities | 2 657 € | 2 230 € | 13 t€ |
| Short-term sales receivables | 2 332 € | 2 943 € | 5 952 € |
| Other short-term receivables | 35 € | 35 € | 0 € |
| Retained earnings | 5 143 € | 11 t€ | 0 € |
| Short-term accrued expenses and deferred income | – | 0 € | 5 179 € |
| Pension expenses | -4 035 € | -5 941 € | -9 357 € |
| Other shares and similar rights of ownership | 1 526 € | 1 526 € | 361 € |
| Short-term accounts payable | 1 369 € | 688 € | 1 327 € |
| Other current liabilities | 1 288 € | 1 542 € | 6 923 € |
| Investments | 1 526 € | 1 526 € | 361 € |
| Other interest and financial income from non-group companies | 1 € | 1 € | 0 € |
| Liabilities | 5 378 € | 7 373 € | 24 t€ |
| Interest expenses and other financial expenses for non-Group companies | 0 € | -20 € | -45 € |
| Purchases during the financial year | 0 € | -27 € | 0 € |
| Short-term receivables | 2 367 € | 3 639 € | 6 163 € |
| Wages and salaries | -21 t€ | -31 t€ | -116 t€ |
| Profit (loss) for the period, equity | -2 422 € | -5 406 € | 11 t€ |
| Other social security expenses | -511 € | -798 € | -2 086 € |
| Short-term prepayments and accrued income | 0 € | 661 € | 211 € |
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.
Trade Register events
- Liquidation
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