Panasoft Oy
OYActiveY-tunnus 0474166-6Vesijärvenkatu 13, 15140 LahtiComputer programming activities· NACE 6210Est. 1982 · 44 years old7 employeeshttps://www.panasoft.fi
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Overview
Panasoft Oy is a Finnish OY based in Lahti, operating in the Computer programming activities sector. Incorporated in 1982, the company has 7 employees and reported revenue of €786.7k in its latest annual filing.
Revenue 2025
786.7K EUR
−12% vs 2024
EBITDA margin
13.1 %
−49% vs 2024
Net profit 2025
10.9K EUR
-50% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
27.3 %
WeakAmong the 30% lowest rated companies in the industry
20212025
Liquidity ratioCurrent assets ÷ Short-term debt
1.2×
WeakAmong the 40% lowest rated companies in the industry
20212025
Return on assets (ROA)Net profit ÷ Total assets × 100
6.1 %
AverageAround the average of companies in the same industry
20212025
EBITDA — year on year
EUR thousandsKey figures
Annual report 2025| Revenue | 786.7K EUR | -12% |
| EBITDA | 103K EUR | -49% |
| Net profit | 10.9K EUR | -50% |
| Total assets | 178.1K EUR | -56% |
| Equity | 48.5K EUR | -82% |
| Employees | 7 | — |
Company information
Legal name
Panasoft Oy
Y-tunnus number
0474166-6
Legal form
Osakeyhtiö
NACE code
Founded
10 June 1982 · 44 years
Share capital
EUR 8,000
Employees
7 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-10-31
Financial year
January – December
Signatory rights
Hallituksen puheenjohtaja ja toimitusjohtaja kumpikin yksin
Company purpose
Yhtiön toimialana on harjoittaa IT-sovellusohjelmistojen tuottamista, kokonaisjärjestelmien myyntiä sekä suorittaa kirjanpito-, laskenta-, koulutus- ja konsultointipalveluja. Liiketoimintaansa varten yhtiö voi omistaa kiinteistöjä ja arvopapereita.
(no translation available)
Contact
Address
Vesijärvenkatu 13, 15140 Lahti
Website
https://www.panasoft.fi
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Financial development
In its most recent annual report (2025), Panasoft Oy reported revenue of €786.7k, a decrease of 12% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of €10.9k, and the EBITDA margin stood at 13.1%.
At the end of 2025, equity financed 27.3% of the balance sheet, and current assets covered short-term debt 1.2 times.
Financials
Revenue
EUR thousandsEBITDA
EUR thousandsIncome statement
EUR thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 787 | 895 | 887 | 758 | 706 |
| Staff expenses | -480 | -519 | -455 | -456 | -441 |
| EBITDA | 103 | 202 | 324 | 172 | 185 |
| Depreciation & amort. | -2 | -9 | -13 | -14 | -18 |
| EBIT | 101 | 194 | 311 | 158 | 166 |
| Net financials | 4 | 7 | 0 | -2 | -2 |
| Profit before tax | 15 | 28 | 12 | 226 | 100 |
| Tax | 4 | 6 | 3 | 19 | 37 |
| Net profit | 11 | 22 | 8 | 67 | 63 |
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Balance sheet
EUR thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 178 | 404 | 395 | 428 | 479 |
| Equity | 49 | 274 | 253 | 244 | 191 |
| Long-term debt | 0 | 0 | 0 | 5 | 27 |
| Short-term debt | 130 | 130 | 142 | 179 | 261 |
| Total debt | 130 | 130 | 142 | 184 | 288 |
Financial ratios
5-year trendEBITDA margin
13.1 %
20212025
Equity ratio
27.3 %
WeakAmong the 30% lowest rated companies in the industry
20212025
Return on equity
22.5 %
StrongAmong the 40% highest rated companies in the industry
20212025
Net profit margin
1.4 %
AverageAround the average of companies in the same industry
20212025
Asset turnover
4.42×
Very strongAmong the 10% highest rated companies in the industry
20212025
Debt / equity
2.67×
Very weakAmong the 20% lowest rated companies in the industry
20212025
Sector performance
27 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginWeak
Among the 40% lowest rated companies in the industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginStrong
Among the 40% highest rated companies in the industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginAverage
Around the average of companies in the same industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Strong
Among the 40% highest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Average
Around the average of companies in the same industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Strong
Among the 40% highest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Very strong
Among the 10% highest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioStrong
Among the 40% highest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioWeak
Among the 40% lowest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioWeak
Among the 40% lowest rated companies in the industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioWeak
Among the 30% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityVery weak
Among the 20% lowest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalWeak
Among the 40% lowest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioVery strong
Among the 10% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioWeak
Among the 30% lowest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioWeak
Among the 40% lowest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityVery weak
Among the 20% lowest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityVery weak
Among the 20% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtAverage
Around the average of companies in the same industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtStrong
Among the 40% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageStrong
Among the 30% highest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtAverage
Around the average of companies in the same industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginAverage
Around the average of companies in the same industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverVery strong
Among the 10% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalWeak
Among the 40% lowest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityVery weak
Among the 20% lowest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtAverage
Around the average of companies in the same industry
The size of this year's increase or decrease in the company's debt.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Annual reports & filings
- Annual report 2025Filed via PRH / YTJ · Period 2024-11-01 – 2025-10-31
- Annual report 2024Filed via PRH / YTJ · Period 2023-11-01 – 2024-10-31
- Annual report 2023Filed via PRH / YTJ · Period 2022-11-01 – 2023-10-31
- Annual report 2022Filed via PRH / YTJ · Period 2021-11-01 – 2022-10-31
- Annual report 2021Filed via PRH / YTJ · Period 2020-11-01 – 2021-10-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
MS | Audit | 2024 |
JL Confidential Clerk | Confidential Clerk | 2026 |
LM Chief Executive Officer | Chief Executive Officer | 2026 |
TM Deputy auditor | Deputy auditor | 2024 |
Former (8)
KJ Chief Executive Officer | Chief Executive Officer | 2020 – 2024 |
KI Confidential Clerk | Confidential Clerk | 2022 – 2026 |
HJ Deputy auditor | Deputy auditor | 2018 – 2020 |
TP Chief Executive Officer | Chief Executive Officer | 2018 – 2020 |
TR Confidential Clerk | Confidential Clerk | 2020 – 2026 |
VA Audit | Audit | 2022 – 2023 |
TJ Deputy Member | Deputy Member | 2018 – 2020 |
LJ | Audit | 2018 – 2022 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
LM Board of Directors | Board of Directors | 2026 |
JG Chairperson | Chairperson | 2026 |
Former (2)
JJ Chairperson | Chairperson | 2018 – 2026 |
SO Board of Directors | Board of Directors | 2018 – 2026 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2026 |
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Company hierarchy
Amiko Oy
Panasoft Oy Board network connections
Board members of Panasoft Oy also hold positions in 2183 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Hans Jan Anders Jåfs | Deputy auditor | 860 companiesMany roles |
| Mikko-Petri Sillanpää | Audit | 813 companiesMany roles |
| Toni Mikael Koivusaari | Deputy auditor | 204 companiesMany roles |
| Ville Antti Valkonen | Audit | 116 companiesMany roles |
| Lars-Erik Johan Hanner | Audit | 100 companiesMany roles |
| Jari Juhani Parkkinen | Chairperson | 26 companiesMany roles |
| Sirkka Orvokki Parkkinen | Board of Directors | 24 companiesMany roles |
| Kaarina Iris Metsä-Vähälä | Confidential Clerk | 20 companiesMany roles |
| Tomi Rainer Mäkinen | Confidential Clerk | 8 companiesMany roles |
| Toni Johannes Eklund | Deputy Member | 5 companies |
| Joni Lauri Johannes Kivi | Confidential Clerk | 4 companies |
| Kari Jukka Tapio Karvanen | Chief Executive Officer | 2 companies |
| Toni Petteri Savela | Chief Executive Officer | 1 company |
Frequently asked questions
What is the Y-tunnus number of Panasoft Oy?
Panasoft Oy is registered with PRH / YTJ under Y-tunnus 0474166-6.
What is the revenue of Panasoft Oy?
Panasoft Oy reported revenue of €786.7k in 2025.
How many employees does Panasoft Oy have?
Panasoft Oy employs 7 people as of the latest annual report.
Who is the CEO of Panasoft Oy?
Lars Mattias Swenson is the CEO of Panasoft Oy, in role since 2026.
Who is the chairman of Panasoft Oy?
Johan Gustaf Georg Carlström Hazelius chairs the board of Panasoft Oy, in role since 2026.
Where is Panasoft Oy headquartered?
Panasoft Oy's registered address is Vesijärvenkatu 13.