Underwater Suomi Oy is a limited company based in Hanko, registered in 2024. In the financial year ending 31.12.2025, revenue was 61 t€ and operating profit -7 527 €; equity ratio 12.8 %. Its taxable income in 2024 was 3 970 € and its income taxes 794 €. Public buyers bought 34 t€ from it in 2024–2025; the largest buyer is Kulttuurin Ja Vapaa-ajan Toimiala, Helsinki (Helsinki).
Financials
| Key figures | 31.12.2025 | 31.12.2024 |
|---|---|---|
| Revenue | 61 t€ | 107 t€ |
| Revenue change | -43,2 % | – |
| EBITDA | -7 781 € | 3 749 € |
| EBITDA % | -12,8 % | 3,5 % |
| Operating profit | -7 527 € | 4 088 € |
| Operating margin | -12,3 % | 3,8 % |
| Net profit | -7 797 € | 3 061 € |
| Personnel costs | -29 t€ | -81 t€ |
| Equity ratio | 12,8 % | 23,2 % |
| Quick ratio | 1,06 | 1,20 |
| Current ratio | 1,06 | 1,20 |
| Debt to revenue | 14,1 % | 9,5 % |
| Return on equity | -616,6 % | 100,0 % |
| Balance sheet total | 9 856 € | 13 t€ |
| Equity | 1 264 € | 3 061 € |
| Cash and bank | 3 078 € | 5 424 € |
Balance sheet
Income statement and balance sheet
Income statement
| 31.12.2025 | 31.12.2024 | |
|---|---|---|
| Turnover | 61 t€ | 107 t€ |
| Other operating income | 0 € | 5 000 € |
| Raw materials and services | 10 t€ | 1 379 € |
| Personnel expenses | 29 t€ | 81 t€ |
| Depreciations and reductions in value | 254 € | 339 € |
| Other operating expenses | 28 t€ | 25 t€ |
| Operating profit (loss) | -7 527 € | 4 088 € |
| Financial income and expenses + (-) | 270 € | 232 € |
| Profit (loss) before appropriations and taxes | -7 797 € | 3 855 € |
| Income taxes | 0 € | 794 € |
| Profit (loss) for the financial year | -7 797 € | 3 061 € |
Balance sheet
| 31.12.2025 | 31.12.2024 | |
|---|---|---|
| Non-current assets | 762 € | 1 016 € |
| Receivables | 6 015 € | 6 761 € |
| Cash in hand and at banks | 3 078 € | 5 424 € |
| Current assets | 9 094 € | 12 t€ |
| Assets | 9 856 € | 13 t€ |
| Capital and reserves | 1 264 € | 3 061 € |
| Short-term liabilities | 8 591 € | 10 t€ |
| Liabilities | 8 591 € | 10 t€ |
All financial statement items (40)
| 31.12.2025 | 31.12.2024 | |
|---|---|---|
| Turnover | 61 t€ | 107 t€ |
| Other operating income | 0 € | 5 000 € |
| Raw materials and services | 10 t€ | 1 379 € |
| Personnel expenses | 29 t€ | 81 t€ |
| Depreciations and reductions in value | 254 € | 339 € |
| Other operating expenses | 28 t€ | 25 t€ |
| Operating profit (loss) | -7 527 € | 4 088 € |
| Financial income and expenses + (-) | 270 € | 232 € |
| Profit (loss) before appropriations and taxes | -7 797 € | 3 855 € |
| Income taxes | 0 € | 794 € |
| Profit (loss) for the financial year | -7 797 € | 3 061 € |
| Non-current assets | 762 € | 1 016 € |
| Receivables | 6 015 € | 6 761 € |
| Cash in hand and at banks | 3 078 € | 5 424 € |
| Current assets | 9 094 € | 12 t€ |
| Assets | 9 856 € | 13 t€ |
| Capital and reserves | 1 264 € | 3 061 € |
| Short-term liabilities | 8 591 € | 10 t€ |
| Liabilities | 8 591 € | 10 t€ |
| Other current liabilities | 8 328 € | 6 554 € |
| Liabilities | 9 856 € | 13 t€ |
| Reserve for invested non-restricted equity | 6 000 € | 0 € |
| Short-term receivables | 6 015 € | 6 761 € |
| Other short-term receivables | 1 708 € | 2 500 € |
| Other interest and financial income from non-group companies | 0 € | 0 € |
| Machinery and equipment | 762 € | 1 016 € |
| Retained earnings | 3 061 € | 0 € |
| Short-term accounts payable | 263 € | 457 € |
| Wages and salaries | 20 t€ | 79 t€ |
| Short-term sales receivables | 1 807 € | 3 916 € |
| Profit (loss) for the period, equity | -7 797 € | 3 061 € |
| Interest expenses and other financial expenses for non-Group companies | 270 € | 232 € |
| Pension expenses | 5 647 € | 1 130 € |
| Short-term prepayments and accrued income | 2 500 € | 345 € |
| Other social security expenses | 3 449 € | 1 527 € |
| Services purchased | 9 609 € | 500 € |
| Tangible assets | 762 € | 1 016 € |
| Purchases during the financial year | 889 € | 879 € |
| Depreciations according to plan | 254 € | 339 € |
| Short-term accrued expenses and deferred income | 0 € | 3 128 € |
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, Underwater Suomi Oy is in the lower half of the industry class repair and maintenance of civilian ships and boats (118 companies with taxable income; median 23 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.
Sales to public buyers
Largest buyers
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