Pallas Husky Oy is a limited company based in Kittilä, registered in 2024. In the financial year ending 31.5.2026, revenue was 195 t€ and operating profit 2 488 €; equity ratio 0.1 %.
Revenue 2026195 t€+10 % on the previous year
Operating profit2 488 €1,3 % of revenue
Net profit-7 873 €EBITDA -21 t€
Equity ratio0,1 %quick ratio 0,11
In business2 yrsregistered 9.4.2024
Kittilä: 4 new companies in 30 days
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Financials
RevenueOperating profitNet profit
| Key figures | 31.5.2026 | 31.5.2025 |
|---|---|---|
| Revenue | 195 t€ | 177 t€ |
| Revenue change | 10,3 % | – |
| EBITDA | -21 t€ | 8 533 € |
| EBITDA % | -11,0 % | 4,8 % |
| Operating profit | 2 488 € | -1 887 € |
| Operating margin | 1,3 % | -1,1 % |
| Net profit | -7 873 € | -17 t€ |
| Personnel costs | -39 t€ | 40 t€ |
| Equity ratio | 0,1 % | 0,3 % |
| Quick ratio | 0,11 | 0,10 |
| Current ratio | 0,11 | 0,10 |
| Debt to revenue | 82,9 % | 114,0 % |
| Return on equity | -6525,7 % | -3163,4 % |
| Balance sheet total | 162 t€ | 202 t€ |
| Equity | 121 € | 552 € |
| Cash and bank | 1 578 € | 8 434 € |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.5.2026 | 31.5.2025 | |
|---|---|---|
| Turnover | 195 t€ | 177 t€ |
| Raw materials and services | 77 t€ | -52 t€ |
| Personnel expenses | 39 t€ | -40 t€ |
| Depreciations and reductions in value | 24 t€ | -10 t€ |
| Other operating expenses | 52 t€ | -77 t€ |
| Operating profit (loss) | 2 488 € | -1 887 € |
| Financial income and expenses + (-) | 10 t€ | -16 t€ |
| Profit (loss) before appropriations and taxes | -7 873 € | -17 t€ |
| Profit (loss) for the financial year | -7 873 € | -17 t€ |
Balance sheet
| 31.5.2026 | 31.5.2025 | |
|---|---|---|
| Non-current assets | 154 t€ | 193 t€ |
| Receivables | 6 425 € | 404 € |
| Cash in hand and at banks | 1 578 € | 8 434 € |
| Current assets | 8 003 € | 8 839 € |
| Assets | 162 t€ | 202 t€ |
| Capital and reserves | 121 € | 552 € |
| Long-term liabilities | 86 t€ | 116 t€ |
| Short-term liabilities | 76 t€ | 85 t€ |
| Liabilities | 162 t€ | 202 t€ |
All financial statement items (43)
| 31.5.2026 | 31.5.2025 | |
|---|---|---|
| Turnover | 195 t€ | 177 t€ |
| Raw materials and services | 77 t€ | -52 t€ |
| Personnel expenses | 39 t€ | -40 t€ |
| Depreciations and reductions in value | 24 t€ | -10 t€ |
| Other operating expenses | 52 t€ | -77 t€ |
| Operating profit (loss) | 2 488 € | -1 887 € |
| Financial income and expenses + (-) | 10 t€ | -16 t€ |
| Profit (loss) before appropriations and taxes | -7 873 € | -17 t€ |
| Profit (loss) for the financial year | -7 873 € | -17 t€ |
| Non-current assets | 154 t€ | 193 t€ |
| Receivables | 6 425 € | 404 € |
| Cash in hand and at banks | 1 578 € | 8 434 € |
| Current assets | 8 003 € | 8 839 € |
| Assets | 162 t€ | 202 t€ |
| Capital and reserves | 121 € | 552 € |
| Long-term liabilities | 86 t€ | 116 t€ |
| Short-term liabilities | 76 t€ | 85 t€ |
| Liabilities | 162 t€ | 202 t€ |
| Other short-term receivables | 3 775 € | 0 € |
| Other current liabilities | 21 t€ | 48 t€ |
| Retained earnings | -35 t€ | 0 € |
| Short-term prepayments and accrued income | 2 650 € | 404 € |
| Short-term accounts payable | 11 t€ | 0 € |
| Reserve for invested non-restricted equity | 43 t€ | 18 t€ |
| Purchases during the financial year | 63 t€ | -50 t€ |
| Profit (loss) for the period, equity | -7 873 € | -17 t€ |
| Short-term receivables | 6 425 € | 404 € |
| Interest expenses and other financial expenses for non-Group companies | 10 t€ | -16 t€ |
| Tangible assets | 36 t€ | 43 t€ |
| Wages and salaries | 30 t€ | -28 t€ |
| Short-term accrued expenses and deferred income | 13 t€ | 4 214 € |
| Intangible assets | 118 t€ | 150 t€ |
| Liabilities | 162 t€ | 202 t€ |
| Other interest and financial income from non-group companies | 9 € | 17 € |
| Other social security expenses | 1 483 € | -1 798 € |
| Long-term liabilities to credit institutions | 86 t€ | 116 t€ |
| Other tangible assets | 15 t€ | 17 t€ |
| Machinery and equipment | 21 t€ | 26 t€ |
| Goodwill | 118 t€ | 150 t€ |
| Depreciations according to plan | 24 t€ | -10 t€ |
| Services purchased | 15 t€ | -2 061 € |
| Short-term liabilities to credit institutions | 30 t€ | 33 t€ |
| Pension expenses | 7 445 € | -9 796 € |
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).