Iivananpuro Oy is a limited company based in Kaavi, registered in 2022. In the financial year ending 31.12.2023, revenue was 1,3 M€ and operating profit 176 t€; equity ratio 28.9 %. Its taxable income in 2024 was 168 t€ and its income taxes 34 t€.
Revenue 20231,3 M€+52 % on the previous year
Operating profit176 t€13,6 % of revenue
Net profit151 t€EBITDA 233 t€
Equity ratio28,9 %quick ratio 2,01
Taxable income 2024168 t€
top quarter of its industry
Income taxes 202434 t€59 t€ in 2022–2024
In business4 yrsregistered 22.4.2022
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2023 | 31.12.2022 |
|---|---|---|
| Revenue | 1,3 M€ | 853 t€ |
| Revenue change | 51,6 % | – |
| EBITDA | 233 t€ | 84 t€ |
| EBITDA % | 18,0 % | 9,9 % |
| Operating profit | 176 t€ | 78 t€ |
| Operating margin | 13,6 % | 9,2 % |
| Net profit | 151 t€ | 61 t€ |
| Personnel costs | 840 t€ | 578 t€ |
| Equity ratio | 28,9 % | 51,8 % |
| Quick ratio | 2,01 | 2,07 |
| Current ratio | 2,01 | 2,07 |
| Debt to revenue | 40,5 % | 6,6 % |
| Return on equity | 71,3 % | 100,0 % |
| Balance sheet total | 736 t€ | 117 t€ |
| Equity | 212 t€ | 61 t€ |
| Cash and bank | 24 t€ | 45 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.12.2023 | 31.12.2022 | |
|---|---|---|
| Turnover | 1,3 M€ | 853 t€ |
| Other operating income | 221 t€ | 166 t€ |
| Raw materials and services | -230 t€ | -104 t€ |
| Personnel expenses | -840 t€ | -578 t€ |
| Depreciations and reductions in value | -57 t€ | -5 684 € |
| Other operating expenses | -211 t€ | -253 t€ |
| Operating profit (loss) | 176 t€ | 78 t€ |
| Financial income and expenses + (-) | -17 t€ | -853 € |
| Profit (loss) before appropriations and taxes | 159 t€ | 78 t€ |
| Income taxes | -7 603 € | -17 t€ |
| Profit (loss) for the financial year | 151 t€ | 61 t€ |
Balance sheet
| 31.12.2023 | 31.12.2022 | |
|---|---|---|
| Non-current assets | 482 t€ | 17 t€ |
| Receivables | 230 t€ | 55 t€ |
| Cash in hand and at banks | 24 t€ | 45 t€ |
| Current assets | 254 t€ | 100 t€ |
| Assets | 736 t€ | 117 t€ |
| Capital and reserves | 212 t€ | 61 t€ |
| Long-term liabilities | 397 t€ | 8 134 € |
| Short-term liabilities | 126 t€ | 48 t€ |
| Liabilities | 523 t€ | 57 t€ |
All financial statement items (46)
| 31.12.2023 | 31.12.2022 | |
|---|---|---|
| Turnover | 1,3 M€ | 853 t€ |
| Other operating income | 221 t€ | 166 t€ |
| Raw materials and services | -230 t€ | -104 t€ |
| Personnel expenses | -840 t€ | -578 t€ |
| Depreciations and reductions in value | -57 t€ | -5 684 € |
| Other operating expenses | -211 t€ | -253 t€ |
| Operating profit (loss) | 176 t€ | 78 t€ |
| Financial income and expenses + (-) | -17 t€ | -853 € |
| Profit (loss) before appropriations and taxes | 159 t€ | 78 t€ |
| Income taxes | -7 603 € | -17 t€ |
| Profit (loss) for the financial year | 151 t€ | 61 t€ |
| Non-current assets | 482 t€ | 17 t€ |
| Receivables | 230 t€ | 55 t€ |
| Cash in hand and at banks | 24 t€ | 45 t€ |
| Current assets | 254 t€ | 100 t€ |
| Assets | 736 t€ | 117 t€ |
| Capital and reserves | 212 t€ | 61 t€ |
| Long-term liabilities | 397 t€ | 8 134 € |
| Short-term liabilities | 126 t€ | 48 t€ |
| Liabilities | 523 t€ | 57 t€ |
| Buildings and structures, Owned | 170 t€ | 0 € |
| Other short-term receivables | 1 184 € | 4 360 € |
| Other current liabilities | 45 t€ | 1 437 € |
| Retained earnings | 61 t€ | 0 € |
| Short-term prepayments and accrued income | 40 t€ | 0 € |
| Advance payments and construction in progress | 83 t€ | 0 € |
| Short-term sales receivables | 139 t€ | 23 t€ |
| Short-term accounts payable | 57 t€ | 24 t€ |
| Purchases during the financial year | -228 t€ | -104 t€ |
| Profit (loss) for the period, equity | 151 t€ | 61 t€ |
| Short-term receivables | 230 t€ | 55 t€ |
| Interest expenses and other financial expenses for non-Group companies | -17 t€ | -854 € |
| Tangible assets | 482 t€ | 17 t€ |
| Wages and salaries | -695 t€ | -478 t€ |
| Short-term accrued expenses and deferred income | 8 575 € | 20 t€ |
| Short-term loan receivables | 50 t€ | 28 t€ |
| Liabilities | 736 t€ | 117 t€ |
| Other interest and financial income from non-group companies | 2 € | 1 € |
| Other social security expenses | -27 t€ | -17 t€ |
| Long-term liabilities to credit institutions | 397 t€ | 8 134 € |
| Machinery and equipment | 142 t€ | 17 t€ |
| Depreciations according to plan | -57 t€ | -5 684 € |
| Services purchased | -2 431 € | 0 € |
| Land and water areas, Owned | 87 t€ | 0 € |
| Short-term liabilities to credit institutions | 16 t€ | 2 600 € |
| Pension expenses | -118 t€ | -83 t€ |
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, Iivananpuro Oy is in the top quarter of the industry class growing of other tree and bush fruits and nuts (34 companies with taxable income; median 49 t€, 3,4 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.