PP Wood Oy is a limited company based in Kitee, registered in 2022. In the financial year ending 31.12.2025, operating profit -15 t€; equity ratio -6.6 %. Its taxable income in 2024 was 866 € and its income taxes 173 €.
Financials
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 |
|---|---|---|---|
| EBITDA | -15 t€ | -435 € | -650 € |
| Operating profit | -15 t€ | -435 € | -650 € |
| Net profit | -12 t€ | 673 € | 3 368 € |
| Equity ratio | -6,6 % | 3,2 % | 2,2 % |
| Quick ratio | – | 11,28 | 29,63 |
| Current ratio | – | 11,28 | 29,63 |
| Return on equity | – | 16,6 % | 100,0 % |
| Balance sheet total | 115 t€ | 127 t€ | 150 t€ |
| Equity | -7 602 € | 4 041 € | 3 368 € |
| Cash and bank | 75 t€ | 1 954 € | 25 t€ |
Balance sheet
Income statement and balance sheet
Income statement
| 31.12.2025 | 31.12.2024 | 31.12.2023 | |
|---|---|---|---|
| Other operating expenses | 15 t€ | -435 € | -650 € |
| Operating profit (loss) | -15 t€ | -435 € | -650 € |
| Financial income and expenses + (-) | -3 046 € | 1 301 € | 4 861 € |
| Profit (loss) before appropriations and taxes | -12 t€ | 866 € | 4 210 € |
| Income taxes | 1 € | -193 € | -842 € |
| Profit (loss) for the financial year | -12 t€ | 673 € | 3 368 € |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | |
|---|---|---|---|
| Non-current assets | 26 t€ | 125 t€ | 125 t€ |
| Receivables | 14 t€ | 0 € | – |
| Cash in hand and at banks | 75 t€ | 1 954 € | 25 t€ |
| Current assets | 89 t€ | 1 954 € | 25 t€ |
| Assets | 115 t€ | 127 t€ | 150 t€ |
| Capital and reserves | -7 602 € | 4 041 € | 3 368 € |
| Long-term liabilities | 122 t€ | 122 t€ | 146 t€ |
| Short-term liabilities | 0 € | 173 € | 842 € |
| Liabilities | 122 t€ | 123 t€ | 146 t€ |
All financial statement items (25)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | |
|---|---|---|---|
| Other operating expenses | 15 t€ | -435 € | -650 € |
| Operating profit (loss) | -15 t€ | -435 € | -650 € |
| Financial income and expenses + (-) | -3 046 € | 1 301 € | 4 861 € |
| Profit (loss) before appropriations and taxes | -12 t€ | 866 € | 4 210 € |
| Income taxes | 1 € | -193 € | -842 € |
| Profit (loss) for the financial year | -12 t€ | 673 € | 3 368 € |
| Non-current assets | 26 t€ | 125 t€ | 125 t€ |
| Receivables | 14 t€ | 0 € | – |
| Cash in hand and at banks | 75 t€ | 1 954 € | 25 t€ |
| Current assets | 89 t€ | 1 954 € | 25 t€ |
| Assets | 115 t€ | 127 t€ | 150 t€ |
| Capital and reserves | -7 602 € | 4 041 € | 3 368 € |
| Long-term liabilities | 122 t€ | 122 t€ | 146 t€ |
| Short-term liabilities | 0 € | 173 € | 842 € |
| Liabilities | 122 t€ | 123 t€ | 146 t€ |
| Other receivables (investments) | 26 t€ | 125 t€ | 125 t€ |
| Income from other investments under non-current assets, from other companies | 3 046 € | 1 301 € | 4 861 € |
| Liabilities | 115 t€ | 127 t€ | 150 t€ |
| Investments | 26 t€ | 125 t€ | 125 t€ |
| Profit (loss) for the period, equity | -12 t€ | 673 € | 3 368 € |
| Other long-term liabilities | 122 t€ | 122 t€ | 146 t€ |
| Retained earnings | 4 041 € | 3 368 € | 0 € |
| Short-term prepayments and accrued income | 14 t€ | 0 € | – |
| Short-term accrued expenses and deferred income | 0 € | 173 € | 842 € |
| Short-term receivables | 14 t€ | 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
Measured by taxable income, PP Wood Oy is in the lower half of the industry class other financial service activities, except insurance and pension funding n.e.c. (2749 companies with taxable income; median 21 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.
Free monthly list: Kitee
Once a month by email: new leads in this municipality and its neighbours, the month's figures and the full list. No charge, no commitment, cancel any time.
Follow companies in your area
New companies, bankruptcies and changes of CEO and property manager in the areas and industries you choose, by email. 14-day free trial, cancel any time.
Try for free