Salmenord Oy is a limited company based in Espoo, registered in 2024. In the financial year ending 31.12.2025, revenue was 72 t€ and operating profit 267 €; equity ratio 53.8 %. Its taxable income in 2024 was 9 194 € and its income taxes 1 839 €.
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Financials
| Key figures | 31.12.2025 | 31.12.2024 |
|---|---|---|
| Revenue | 72 t€ | 25 t€ |
| Revenue change | 183,5 % | – |
| EBITDA | 267 € | 9 194 € |
| EBITDA % | 0,4 % | 36,1 % |
| Operating profit | 267 € | 9 194 € |
| Operating margin | 0,4 % | 36,1 % |
| Net profit | 213 € | 7 355 € |
| Personnel costs | -64 t€ | 14 t€ |
| Equity ratio | 53,8 % | 72,7 % |
| Quick ratio | 2,17 | 3,67 |
| Current ratio | 2,17 | 3,67 |
| Debt to revenue | 8,3 % | 10,8 % |
| Return on equity | 3,0 % | 100,0 % |
| Balance sheet total | 13 t€ | 10 t€ |
| Equity | 6 979 € | 7 355 € |
| Cash and bank | 3 628 € | 5 794 € |
Balance sheet
Income statement and balance sheet
Income statement
| 31.12.2025 | 31.12.2024 | |
|---|---|---|
| Turnover | 72 t€ | 25 t€ |
| Raw materials and services | 999 € | 0 € |
| Personnel expenses | 64 t€ | -14 t€ |
| Other operating expenses | 7 494 € | -2 054 € |
| Operating profit (loss) | 267 € | 9 194 € |
| Financial income and expenses + (-) | 1 € | 0 € |
| Profit (loss) before appropriations and taxes | 266 € | 9 194 € |
| Income taxes | 53 € | -1 839 € |
| Profit (loss) for the financial year | 213 € | 7 355 € |
Balance sheet
| 31.12.2025 | 31.12.2024 | |
|---|---|---|
| Receivables | 9 333 € | 4 320 € |
| Cash in hand and at banks | 3 628 € | 5 794 € |
| Current assets | 13 t€ | 10 t€ |
| Assets | 13 t€ | 10 t€ |
| Capital and reserves | 6 979 € | 7 355 € |
| Short-term liabilities | 5 982 € | 2 759 € |
| Liabilities | 5 982 € | 2 759 € |
All financial statement items (30)
| 31.12.2025 | 31.12.2024 | |
|---|---|---|
| Turnover | 72 t€ | 25 t€ |
| Raw materials and services | 999 € | 0 € |
| Personnel expenses | 64 t€ | -14 t€ |
| Other operating expenses | 7 494 € | -2 054 € |
| Operating profit (loss) | 267 € | 9 194 € |
| Financial income and expenses + (-) | 1 € | 0 € |
| Profit (loss) before appropriations and taxes | 266 € | 9 194 € |
| Income taxes | 53 € | -1 839 € |
| Profit (loss) for the financial year | 213 € | 7 355 € |
| Receivables | 9 333 € | 4 320 € |
| Cash in hand and at banks | 3 628 € | 5 794 € |
| Current assets | 13 t€ | 10 t€ |
| Assets | 13 t€ | 10 t€ |
| Capital and reserves | 6 979 € | 7 355 € |
| Short-term liabilities | 5 982 € | 2 759 € |
| Liabilities | 5 982 € | 2 759 € |
| Profit (loss) for the period, equity | 213 € | 7 355 € |
| Pension expenses | 1 587 € | -328 € |
| Short-term accounts payable | 0 € | 328 € |
| Liabilities | 13 t€ | 10 t€ |
| Short-term accrued expenses and deferred income | 53 € | 239 € |
| Short-term sales receivables | 9 333 € | 4 320 € |
| Interest expenses and other financial expenses for non-Group companies | 1 € | 0 € |
| Other current liabilities | 5 929 € | 2 192 € |
| Short-term receivables | 9 333 € | 4 320 € |
| Retained earnings | 6 766 € | 0 € |
| Services purchased | 998 € | 0 € |
| Purchases during the financial year | 1 € | 0 € |
| Other social security expenses | 1 137 € | -160 € |
| Wages and salaries | 61 t€ | -14 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, Salmenord Oy is in the lower half of the industry class research and experimental development on natural sciences and engineering (326 companies with taxable income; median 34 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.