Putkistosuunnittelu J Etholén Oy is a limited company based in Kotka, registered in 2023. In the financial year ending 31.1.2026, revenue was 108 t€ and operating profit 40 t€; equity ratio 93.9 %.
Revenue 2026108 t€-38 % on the previous year
Operating profit40 t€37,1 % of revenue
Net profit29 t€EBITDA 40 t€
Equity ratio93,9 %quick ratio 16,44
In business3 yrsregistered 19.9.2023
Kotka: 8 new companies in 30 days
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- Laapas paineautot OyViemäri- ja jätevesihuolto
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Financials
RevenueOperating profitNet profit
| Key figures | 31.1.2026 | 31.1.2025 |
|---|---|---|
| Revenue | 108 t€ | 174 t€ |
| Revenue change | -38,0 % | – |
| EBITDA | 40 t€ | 96 t€ |
| EBITDA % | 37,1 % | 55,0 % |
| Operating profit | 40 t€ | 96 t€ |
| Operating margin | 37,1 % | 55,0 % |
| Net profit | 29 t€ | 76 t€ |
| Personnel costs | -62 t€ | 69 t€ |
| Equity ratio | 93,9 % | 88,6 % |
| Quick ratio | 16,44 | 8,76 |
| Current ratio | 16,44 | 8,76 |
| Debt to revenue | 4,8 % | 5,6 % |
| Return on equity | 36,6 % | 100,0 % |
| Balance sheet total | 86 t€ | 86 t€ |
| Equity | 80 t€ | 76 t€ |
| Cash and bank | 39 t€ | 72 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.1.2026 | 31.1.2025 | |
|---|---|---|
| Turnover | 108 t€ | 174 t€ |
| Personnel expenses | 62 t€ | -69 t€ |
| Other operating expenses | 6 170 € | -9 398 € |
| Operating profit (loss) | 40 t€ | 96 t€ |
| Financial income and expenses + (-) | 3 135 € | -542 € |
| Profit (loss) before appropriations and taxes | 37 t€ | 95 t€ |
| Income taxes | 7 374 € | -19 t€ |
| Profit (loss) for the financial year | 29 t€ | 76 t€ |
Balance sheet
| 31.1.2026 | 31.1.2025 | |
|---|---|---|
| Receivables | 26 t€ | 14 t€ |
| Cash in hand and at banks | 39 t€ | 72 t€ |
| Current assets | 86 t€ | 86 t€ |
| Assets | 86 t€ | 86 t€ |
| Capital and reserves | 80 t€ | 76 t€ |
| Short-term liabilities | 5 213 € | 9 794 € |
| Liabilities | 5 213 € | 9 794 € |
All financial statement items (31)
| 31.1.2026 | 31.1.2025 | |
|---|---|---|
| Turnover | 108 t€ | 174 t€ |
| Personnel expenses | 62 t€ | -69 t€ |
| Other operating expenses | 6 170 € | -9 398 € |
| Operating profit (loss) | 40 t€ | 96 t€ |
| Financial income and expenses + (-) | 3 135 € | -542 € |
| Profit (loss) before appropriations and taxes | 37 t€ | 95 t€ |
| Income taxes | 7 374 € | -19 t€ |
| Profit (loss) for the financial year | 29 t€ | 76 t€ |
| Receivables | 26 t€ | 14 t€ |
| Cash in hand and at banks | 39 t€ | 72 t€ |
| Current assets | 86 t€ | 86 t€ |
| Assets | 86 t€ | 86 t€ |
| Capital and reserves | 80 t€ | 76 t€ |
| Short-term liabilities | 5 213 € | 9 794 € |
| Liabilities | 5 213 € | 9 794 € |
| Retained earnings | 51 t€ | 0 € |
| Other current liabilities | 4 921 € | 6 427 € |
| Profit (loss) for the period, equity | 29 t€ | 76 t€ |
| Other short-term receivables | 1 327 € | 0 € |
| Short-term accounts payable | 292 € | 234 € |
| Shares and holdings | 21 t€ | 0 € |
| Wages and salaries | 60 t€ | -68 t€ |
| Short-term sales receivables | 16 t€ | 14 t€ |
| Interest expenses and other financial expenses for non-Group companies | 3 135 € | -542 € |
| Other interest and financial income from non-group companies | 0 € | 0 € |
| Other social security expenses | 1 138 € | -820 € |
| Short-term accrued expenses and deferred income | 0 € | 3 134 € |
| Short-term receivables | 26 t€ | 14 t€ |
| Short-term prepayments and accrued income | 8 576 € | 0 € |
| Other shares, financial securities | 21 t€ | 0 € |
| Liabilities | 86 t€ | 86 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).