The Third Place Solutions Oy is a limited company based in Helsinki, registered in 2023. In the financial year ending 31.12.2023, revenue was 129 t€ and operating profit 15 t€; equity ratio 23.5 %. Its taxable income in 2024 was 143 t€ and its income taxes 29 t€.
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Financials
| Key figures | 31.12.2023 |
|---|---|
| Revenue | 129 t€ |
| EBITDA | 15 t€ |
| EBITDA % | 11,6 % |
| Operating profit | 15 t€ |
| Operating margin | 11,6 % |
| Net profit | 12 t€ |
| Personnel costs | 109 t€ |
| Equity ratio | 23,5 % |
| Quick ratio | 1,31 |
| Current ratio | 1,31 |
| Debt to revenue | 30,2 % |
| Return on equity | 100,0 % |
| Balance sheet total | 51 t€ |
| Equity | 12 t€ |
| Cash and bank | 33 t€ |
Income statement and balance sheet
Income statement
| 31.12.2023 | |
|---|---|
| Turnover | 129 t€ |
| Personnel expenses | -109 t€ |
| Other operating expenses | -5 662 € |
| Operating profit (loss) | 15 t€ |
| Profit (loss) before appropriations and taxes | 15 t€ |
| Income taxes | -3 004 € |
| Profit (loss) for the financial year | 12 t€ |
Balance sheet
| 31.12.2023 | |
|---|---|
| Receivables | 18 t€ |
| Cash in hand and at banks | 33 t€ |
| Current assets | 51 t€ |
| Assets | 51 t€ |
| Capital and reserves | 12 t€ |
| Short-term liabilities | 39 t€ |
| Liabilities | 39 t€ |
All financial statement items (27)
| 31.12.2023 | |
|---|---|
| Turnover | 129 t€ |
| Personnel expenses | -109 t€ |
| Other operating expenses | -5 662 € |
| Operating profit (loss) | 15 t€ |
| Profit (loss) before appropriations and taxes | 15 t€ |
| Income taxes | -3 004 € |
| Profit (loss) for the financial year | 12 t€ |
| Receivables | 18 t€ |
| Cash in hand and at banks | 33 t€ |
| Current assets | 51 t€ |
| Assets | 51 t€ |
| Capital and reserves | 12 t€ |
| Short-term liabilities | 39 t€ |
| Liabilities | 39 t€ |
| Other short-term receivables | 121 € |
| Other current liabilities | 36 t€ |
| Long-term receivables | 311 € |
| Short-term prepayments and accrued income | 547 € |
| Other long-term receivables | 311 € |
| Short-term accounts payable | 316 € |
| Short-term sales receivables | 17 t€ |
| Profit (loss) for the period, equity | 12 t€ |
| Short-term receivables | 18 t€ |
| Wages and salaries | -107 t€ |
| Short-term accrued expenses and deferred income | 3 004 € |
| Liabilities | 51 t€ |
| Other social security expenses | -1 637 € |
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, The Third Place Solutions Oy is in the top quarter of the industry class computer consultancy and computer facilities management activities (1355 companies with taxable income; median 29 t€, 4,9 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.