KulhoHub Oy is a limited company based in Turku, registered in 2023. In the financial year ending 31.5.2026, revenue was 353 t€ and operating profit -13 t€; equity ratio -47.7 %. Its taxable income in 2024 was 3 392 € and its income taxes 678 €.
Financials
| Key figures | 31.5.2026 | 31.5.2025 |
|---|---|---|
| Revenue | 353 t€ | 391 t€ |
| Revenue change | -9,8 % | – |
| EBITDA | -13 t€ | 2 464 € |
| EBITDA % | -3,8 % | 0,6 % |
| Operating profit | -13 t€ | 2 464 € |
| Operating margin | -3,8 % | 0,6 % |
| Net profit | -25 t€ | -4 730 € |
| Personnel costs | -141 t€ | -154 t€ |
| Equity ratio | -47,7 % | 17,3 % |
| Quick ratio | 0,78 | 1,29 |
| Current ratio | 1,07 | 1,54 |
| Debt to revenue | 15,2 % | 9,8 % |
| Return on equity | – | -59,3 % |
| Balance sheet total | 36 t€ | 46 t€ |
| Equity | -17 t€ | 7 978 € |
| Cash and bank | 3 496 € | 8 759 € |
Balance sheet
Income statement and balance sheet
Income statement
| 31.5.2026 | 31.5.2025 | |
|---|---|---|
| Turnover | 353 t€ | 391 t€ |
| Other operating income | 0 € | 4 130 € |
| Raw materials and services | 184 t€ | 211 t€ |
| Personnel expenses | 141 t€ | 154 t€ |
| Other operating expenses | 41 t€ | 28 t€ |
| Operating profit (loss) | -13 t€ | 2 464 € |
| Financial income and expenses + (-) | 12 t€ | 7 194 € |
| Profit (loss) before appropriations and taxes | -25 t€ | -4 730 € |
| Profit (loss) for the financial year | -25 t€ | -4 730 € |
Balance sheet
| 31.5.2026 | 31.5.2025 | |
|---|---|---|
| Stocks | 9 671 € | 7 699 € |
| Receivables | 23 t€ | 30 t€ |
| Cash in hand and at banks | 3 496 € | 8 759 € |
| Current assets | 36 t€ | 46 t€ |
| Assets | 36 t€ | 46 t€ |
| Capital and reserves | -17 t€ | 7 978 € |
| Long-term liabilities | 20 t€ | 8 308 € |
| Short-term liabilities | 34 t€ | 30 t€ |
| Liabilities | 54 t€ | 38 t€ |
All financial statement items (41)
| 31.5.2026 | 31.5.2025 | |
|---|---|---|
| Turnover | 353 t€ | 391 t€ |
| Other operating income | 0 € | 4 130 € |
| Raw materials and services | 184 t€ | 211 t€ |
| Personnel expenses | 141 t€ | 154 t€ |
| Other operating expenses | 41 t€ | 28 t€ |
| Operating profit (loss) | -13 t€ | 2 464 € |
| Financial income and expenses + (-) | 12 t€ | 7 194 € |
| Profit (loss) before appropriations and taxes | -25 t€ | -4 730 € |
| Profit (loss) for the financial year | -25 t€ | -4 730 € |
| Stocks | 9 671 € | 7 699 € |
| Receivables | 23 t€ | 30 t€ |
| Cash in hand and at banks | 3 496 € | 8 759 € |
| Current assets | 36 t€ | 46 t€ |
| Assets | 36 t€ | 46 t€ |
| Capital and reserves | -17 t€ | 7 978 € |
| Long-term liabilities | 20 t€ | 8 308 € |
| Short-term liabilities | 34 t€ | 30 t€ |
| Liabilities | 54 t€ | 38 t€ |
| Long-term liabilities to credit institutions | 13 t€ | 8 308 € |
| Other current liabilities | 6 959 € | 3 949 € |
| Wages and salaries | 121 t€ | 134 t€ |
| Inventory increase (+) or decrease (-) | -1 972 € | -1 221 € |
| Pension expenses | 15 t€ | 17 t€ |
| Liabilities | 36 t€ | 46 t€ |
| Other short-term receivables | 2 055 € | 1 500 € |
| Other social security expenses | 4 721 € | 2 960 € |
| Materials and supplies | 9 671 € | 7 699 € |
| Profit (loss) for the period, equity | -25 t€ | -4 730 € |
| Other long-term liabilities | 6 914 € | 0 € |
| Services purchased | 6 195 € | 13 t€ |
| Retained earnings | -2 022 € | 2 709 € |
| Short-term liabilities to credit institutions | 0 € | 6 960 € |
| Purchases during the financial year | 180 t€ | 199 t€ |
| Other interest and financial income from non-group companies | 189 € | 52 € |
| Subordinated loan | 10 t€ | 10 t€ |
| Short-term accrued expenses and deferred income | 9 675 € | 5 759 € |
| Short-term sales receivables | 18 t€ | 27 t€ |
| Short-term receivables | 23 t€ | 30 t€ |
| Short-term loan receivables | 2 692 € | 997 € |
| Interest expenses and other financial expenses for non-Group companies | 12 t€ | 7 246 € |
| Short-term accounts payable | 17 t€ | 13 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, KulhoHub Oy is in the lower half of the industry class contract catering service activities and other food service activities (79 companies with taxable income; median 30 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.
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