iTronic Oy
OYActiveY-tunnus 2276707-7Mjölnaregatan 10, 65100 VaasaRetail sale of information and communication equipment· NACE 4740Est. 2009 · 17 years old1 employeeshttps://www.itronic.fi
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Overview
iTronic Oy is a Finnish OY based in Vaasa, operating in the Retail sale of information and communication equipment sector. Incorporated in 2009, the company has 1 employee and reported revenue of €7.3m in its latest annual filing.
Revenue 2025
7.3M EUR
−12% vs 2024
EBITDA margin
5.4 %
+40% vs 2024
Net profit 2025
0.3M EUR
+27% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
57.1 %
AverageAround the average of companies in the same industry
20212025
Liquidity ratioCurrent assets ÷ Short-term debt
10.5×
Very strongAmong the 20% highest rated companies in the industry
20212025
Return on assets (ROA)Net profit ÷ Total assets × 100
21.1 %
Very strongAmong the 20% highest rated companies in the industry
20212025
EBITDA — year on year
EUR thousandsKey figures
Annual report 2025| Revenue | 7.3M EUR | -12% |
| EBITDA | 0.4M EUR | +40% |
| Net profit | 0.3M EUR | +27% |
| Total assets | 1.3M EUR | +14% |
| Equity | 0.7M EUR | +46% |
| Employees | 1 | — |
Company information
Legal name
iTronic Oy
Y-tunnus number
2276707-7
Legal form
Osakeyhtiö
NACE code
Founded
14 July 2009 · 17 years
Share capital
EUR 227,370
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Hallituksen puheenjohtaja ja toimitusjohtaja kumpikin yksin
Company purpose
Föremål för bolagets verksamhet är: Försäljning, distribution, utveckling, tillverkning, leasing, import, export och service av adb-utrustning, hemelektronik, tekniska apparater, programvaror och presentartiklar samt telekommunikationstjänster, datasäkerhet, litteratur, konsultering, design, utbildning och skolning till dessa härrörande verksamheter samt även handel med värdepapper och fastigheter.
(no translation available)
Contact
Address
Mjölnaregatan 10, 65100 Vaasa
Phone
+358063197780
Email
vaasa@itronic.fi
Website
https://www.itronic.fi
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Financial development
In its most recent annual report (2025), iTronic Oy reported revenue of €7.3m, 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 €273.6k, and the EBITDA margin stood at 5.4%.
At the end of 2025, equity financed 57.1% of the balance sheet, and current assets covered short-term debt 10.5 times.
Financials
Revenue
EUR millionsEBITDA
EUR thousandsIncome statement
EUR thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 7,269 | 8,237 | 10,773 | 1,145 | 1,286 |
| Staff expenses | -85 | -112 | -164 | -85 | -85 |
| EBITDA | 391 | 280 | 120 | 3 | 13 |
| Depreciation & amort. | -1 | -1 | -2 | -2 | -3 |
| EBIT | 391 | 279 | 118 | 1 | 10 |
| Net financials | -48 | -20 | -12 | -4 | -7 |
| Profit before tax | 342 | 259 | 106 | -3 | 3 |
| Tax | 69 | 44 | 27 | -0 | 0 |
| Net profit | 274 | 215 | 79 | -3 | 3 |
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Balance sheet
EUR thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 1,296 | 1,141 | 1,439 | 478 | 484 |
| Equity | 740 | 507 | 317 | 180 | 199 |
| Long-term debt | 439 | 438 | 149 | 150 | 147 |
| Short-term debt | 116 | 196 | 973 | 148 | 137 |
| Total debt | 556 | 634 | 1,122 | 297 | 284 |
Financial ratios
5-year trendEBITDA margin
5.4 %
20212025
Equity ratio
57.1 %
AverageAround the average of companies in the same industry
20212025
Return on equity
37.0 %
Very strongAmong the 20% highest rated companies in the industry
20212025
Net profit margin
3.8 %
StrongAmong the 40% highest rated companies in the industry
20212025
Asset turnover
5.61×
Very strongAmong the 20% highest rated companies in the industry
20212025
Debt / equity
0.75×
AverageAround the average of companies in the same industry
20212025
Sector performance
26 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery weak
Among the 10% 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 marginStrong
Among the 40% highest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Very strong
Among the 20% 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)Very strong
Among the 20% highest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Very strong
Among the 20% 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 20% 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 ratioVery strong
Among the 10% 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 ratioVery strong
Among the 20% highest 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 ratioVery strong
Among the 10% highest 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 ratioVery weak
Among the 10% 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 equityWeak
Among the 40% 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 capitalStrong
Among the 40% highest 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 ratioStrong
Among the 30% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioAverage
Around the average of companies in the same industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioAverage
Around the average of companies in the same industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityAverage
Around the average of companies in the same industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityAverage
Around the average of companies in the same industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtStrong
Among the 30% highest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtStrong
Among the 30% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest rate on debtVery strong
Among the 10% highest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginVery strong
Among the 20% highest rated companies in the 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.
Interest coverageNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The ability to pay the interest on the company's debt out of its earnings.
Efficiency & development
Asset turnoverVery strong
Among the 20% 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 30% 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 strong
Among the 20% highest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtStrong
Among the 40% highest rated companies in the 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 2025-01-01 – 2025-12-31
- Annual report 2024Filed via PRH / YTJ · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via PRH / YTJ · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via PRH / YTJ · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via PRH / YTJ · Period 2021-01-01 – 2021-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (5) | ||
MM Confidential Clerk | Confidential Clerk | 2010 |
JK Chief Executive Officer | Chief Executive Officer | 2024 |
JD Confidential Clerk | Confidential Clerk | 2010 |
| Audit | 2020 | |
AM Deputy auditor | Deputy auditor | 2025 |
Former (5)
MK | Audit | 2012 – 2020 |
AG Deputy auditor | Deputy auditor | 2020 – 2025 |
KR Confidential Clerk | Confidential Clerk | 2010 – 2020 |
LP Deputy auditor | Deputy auditor | 2012 – 2020 |
MJ Chief Executive Officer | Chief Executive Officer | 2010 – 2023 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
MM Board of Directors | Board of Directors | 2020 |
JK Board of Directors | Board of Directors | 2024 |
TD Chairperson | Chairperson | 2010 |
Former (3)
JD Board of Directors | Board of Directors | 2010 – 2020 |
KR Board of Directors | Board of Directors | 2010 – 2020 |
MJ Board of Directors | Board of Directors | 2010 – 2023 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 77.4% | 77.4% | 2025 |
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Company hierarchy
Multitronic Oy
iTronic Oy Board network connections
Board members of iTronic Oy also hold positions in 629 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Mårten Karl Johan Vikberg | Audit | 322 companiesMany roles |
| Anders Mikael Mattsson | Deputy auditor | 125 companiesMany roles |
| Christoffer Berndt Philip Granholm | Audit | 86 companiesMany roles |
| Anders Gabriel Björk | Deputy auditor | 35 companiesMany roles |
| Måns Mikael Holming | Confidential Clerk | 18 companiesMany roles |
| Tom David Kecklund | Chairperson | 14 companiesMany roles |
| Leif Petter Ingo | Deputy auditor | 13 companiesMany roles |
| Jens Drud Hansen | Confidential Clerk | 9 companiesMany roles |
| Kjell Robert Granholm | Confidential Clerk | 5 companies |
| Jonas Kurt Mikael Granbäck | Chief Executive Officer | 1 company |
| Matts Johan Fredrik Björkgren | Chief Executive Officer | 1 company |
Frequently asked questions
What is the Y-tunnus number of iTronic Oy?
iTronic Oy is registered with PRH / YTJ under Y-tunnus 2276707-7.
What is the revenue of iTronic Oy?
iTronic Oy reported revenue of €7.3m in 2025.
How many employees does iTronic Oy have?
iTronic Oy employs 1 people as of the latest annual report.
Who is the CEO of iTronic Oy?
Jonas Kurt Mikael Granbäck is the CEO of iTronic Oy, in role since 2024.
Who is the chairman of iTronic Oy?
Tom David Kecklund chairs the board of iTronic Oy, in role since 2010.
Where is iTronic Oy headquartered?
iTronic Oy's registered address is Mjölnaregatan 10.