Joensuun putkihitsaus- ja asennus Oy is a limited company based in Joensuu, registered in 2023. In the financial year ending 31.12.2025, revenue was 62 t€ and operating profit -9 566 €; equity ratio 15.3 %. Its taxable income in 2024 was 3 708 € and its income taxes 742 €.
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Financials
| Key figures | 31.12.2025 | 31.12.2024 |
|---|---|---|
| Revenue | 62 t€ | 271 t€ |
| Revenue change | -77,1 % | – |
| EBITDA | -13 t€ | 5 374 € |
| EBITDA % | -20,2 % | 2,0 % |
| Operating profit | -9 566 € | 9 558 € |
| Operating margin | -15,5 % | 3,5 % |
| Net profit | -14 t€ | 1 811 € |
| Personnel costs | -25 t€ | -151 t€ |
| Equity ratio | 15,3 % | 32,3 % |
| Quick ratio | 0,98 | 1,13 |
| Current ratio | 0,98 | 1,13 |
| Debt to revenue | 72,8 % | 13,5 % |
| Return on equity | -171,8 % | 10,4 % |
| Balance sheet total | 53 t€ | 54 t€ |
| Equity | 8 109 € | 17 t€ |
| Cash and bank | 373 € | 817 € |
Balance sheet
Income statement and balance sheet
Income statement
| 31.12.2025 | 31.12.2024 | |
|---|---|---|
| Turnover | 62 t€ | 271 t€ |
| Other operating income | 0 € | 10 t€ |
| Raw materials and services | 16 t€ | 26 t€ |
| Personnel expenses | 25 t€ | 151 t€ |
| Depreciations and reductions in value | 2 939 € | 4 184 € |
| Other operating expenses | 27 t€ | 90 t€ |
| Operating profit (loss) | -9 566 € | 9 558 € |
| Financial income and expenses + (-) | 4 657 € | 6 712 € |
| Profit (loss) before appropriations and taxes | -14 t€ | 2 846 € |
| Income taxes | -293 € | 1 035 € |
| Profit (loss) for the financial year | -14 t€ | 1 811 € |
Balance sheet
| 31.12.2025 | 31.12.2024 | |
|---|---|---|
| Non-current assets | 8 816 € | 13 t€ |
| Stocks | 189 € | 0 € |
| Receivables | 44 t€ | 41 t€ |
| Cash in hand and at banks | 373 € | 817 € |
| Current assets | 44 t€ | 41 t€ |
| Assets | 53 t€ | 54 t€ |
| Capital and reserves | 8 109 € | 17 t€ |
| Short-term liabilities | 45 t€ | 37 t€ |
| Liabilities | 45 t€ | 37 t€ |
All financial statement items (47)
| 31.12.2025 | 31.12.2024 | |
|---|---|---|
| Turnover | 62 t€ | 271 t€ |
| Other operating income | 0 € | 10 t€ |
| Raw materials and services | 16 t€ | 26 t€ |
| Personnel expenses | 25 t€ | 151 t€ |
| Depreciations and reductions in value | 2 939 € | 4 184 € |
| Other operating expenses | 27 t€ | 90 t€ |
| Operating profit (loss) | -9 566 € | 9 558 € |
| Financial income and expenses + (-) | 4 657 € | 6 712 € |
| Profit (loss) before appropriations and taxes | -14 t€ | 2 846 € |
| Income taxes | -293 € | 1 035 € |
| Profit (loss) for the financial year | -14 t€ | 1 811 € |
| Non-current assets | 8 816 € | 13 t€ |
| Stocks | 189 € | 0 € |
| Receivables | 44 t€ | 41 t€ |
| Cash in hand and at banks | 373 € | 817 € |
| Current assets | 44 t€ | 41 t€ |
| Assets | 53 t€ | 54 t€ |
| Capital and reserves | 8 109 € | 17 t€ |
| Short-term liabilities | 45 t€ | 37 t€ |
| Liabilities | 45 t€ | 37 t€ |
| Work in progress | 189 € | 0 € |
| Short-term accounts payable | 15 t€ | 7 326 € |
| Short-term prepayments and accrued income | 3 454 € | 762 € |
| Depreciations according to plan | 2 939 € | 4 184 € |
| Short-term liabilities to credit institutions | 2 567 € | 0 € |
| Long-term receivables | 320 € | 0 € |
| Retained earnings | 16 t€ | 16 t€ |
| Liabilities | 53 t€ | 54 t€ |
| Other interest and financial income from non-group companies | 133 € | 108 € |
| Short-term receivables | 43 t€ | 41 t€ |
| Short-term accrued expenses and deferred income | 0 € | 2 935 € |
| Short-term loan receivables | 3 974 € | 4 207 € |
| Purchases during the financial year | 11 t€ | 1 742 € |
| Short-term sales receivables | 36 t€ | 33 t€ |
| Inventory increase (+) or decrease (-) | -189 € | 0 € |
| Pension expenses | 2 896 € | 23 t€ |
| Services purchased | 5 050 € | 24 t€ |
| Machinery and equipment | 8 816 € | 13 t€ |
| Other long-term receivables | 320 € | 0 € |
| Other current liabilities | 28 t€ | 26 t€ |
| Tangible assets | 8 816 € | 13 t€ |
| Other social security expenses | 2 622 € | 5 956 € |
| Wages and salaries | 20 t€ | 123 t€ |
| Other short-term receivables | 480 € | 3 063 € |
| Profit (loss) for the period, equity | -14 t€ | 1 811 € |
| Reserve for invested non-restricted equity | 6 000 € | 0 € |
| Interest expenses and other financial expenses for non-Group companies | 4 790 € | 6 820 € |
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, Joensuun putkihitsaus- ja asennus Oy is in the lower half of the industry class plumbing, heat and air-conditioning installation (1803 companies with taxable income; median 25 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.