W-Group Oy is a limited company based in Keitele, registered in 2023. In the financial year ending 31.12.2024, revenue was 665 t€ and operating profit 44 t€; equity ratio 16.9 %. Its taxable income in 2024 was 37 t€ and its income taxes 7 550 €.
Financials
| Key figures | 31.12.2024 |
|---|---|
| Revenue | 665 t€ |
| EBITDA | 77 t€ |
| EBITDA % | 11,6 % |
| Operating profit | 44 t€ |
| Operating margin | 6,7 % |
| Net profit | 29 t€ |
| Personnel costs | 178 t€ |
| Equity ratio | 16,9 % |
| Quick ratio | 0,53 |
| Current ratio | 0,53 |
| Debt to revenue | 21,6 % |
| Return on equity | 100,0 % |
| Balance sheet total | 173 t€ |
| Equity | 29 t€ |
| Cash and bank | 3 053 € |
Income statement and balance sheet
Income statement
| 31.12.2024 | |
|---|---|
| Turnover | 665 t€ |
| Other operating income | 53 t€ |
| Raw materials and services | -259 t€ |
| Personnel expenses | -178 t€ |
| Depreciations and reductions in value | -33 t€ |
| Other operating expenses | -203 t€ |
| Operating profit (loss) | 44 t€ |
| Financial income and expenses + (-) | -7 473 € |
| Profit (loss) before appropriations and taxes | 37 t€ |
| Income taxes | -7 450 € |
| Profit (loss) for the financial year | 29 t€ |
Balance sheet
| 31.12.2024 | |
|---|---|
| Non-current assets | 115 t€ |
| Receivables | 55 t€ |
| Cash in hand and at banks | 3 053 € |
| Current assets | 58 t€ |
| Assets | 173 t€ |
| Capital and reserves | 29 t€ |
| Long-term liabilities | 35 t€ |
| Short-term liabilities | 109 t€ |
| Liabilities | 144 t€ |
All financial statement items (43)
| 31.12.2024 | |
|---|---|
| Turnover | 665 t€ |
| Other operating income | 53 t€ |
| Raw materials and services | -259 t€ |
| Personnel expenses | -178 t€ |
| Depreciations and reductions in value | -33 t€ |
| Other operating expenses | -203 t€ |
| Operating profit (loss) | 44 t€ |
| Financial income and expenses + (-) | -7 473 € |
| Profit (loss) before appropriations and taxes | 37 t€ |
| Income taxes | -7 450 € |
| Profit (loss) for the financial year | 29 t€ |
| Non-current assets | 115 t€ |
| Receivables | 55 t€ |
| Cash in hand and at banks | 3 053 € |
| Current assets | 58 t€ |
| Assets | 173 t€ |
| Capital and reserves | 29 t€ |
| Long-term liabilities | 35 t€ |
| Short-term liabilities | 109 t€ |
| Liabilities | 144 t€ |
| Other current liabilities | 13 t€ |
| Short-term sales receivables | 33 t€ |
| Land and water areas, Owned | 3 600 € |
| Other tangible assets | 40 t€ |
| Other social security expenses | -4 960 € |
| Purchases during the financial year | -162 t€ |
| Short-term accounts payable | 51 t€ |
| Pension expenses | -22 t€ |
| Other short-term receivables | 8 535 € |
| Services purchased | -97 t€ |
| Tangible assets | 115 t€ |
| Profit (loss) for the period, equity | 29 t€ |
| Short-term liabilities to credit institutions | 12 t€ |
| Long-term liabilities to credit institutions | 35 t€ |
| Interest expenses and other financial expenses for non-Group companies | -7 473 € |
| Buildings and structures, Owned | 16 t€ |
| Machinery and equipment | 56 t€ |
| Wages and salaries | -151 t€ |
| Depreciations according to plan | -33 t€ |
| Short-term prepayments and accrued income | 13 t€ |
| Liabilities | 173 t€ |
| Short-term accrued expenses and deferred income | 34 t€ |
| Short-term receivables | 55 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, W-Group Oy is in the top quarter of the industry class sports and recreation education (318 companies with taxable income; median 6 273 €, 5,9 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.
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