Vincit Oyj (HEL:VINCIT)

Vincit Oyj Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	3.56	5.96	9.16	12.16	10.32	8.66
Cash & Short-Term Investments	3.56	5.96	9.16	12.16	10.32	8.66
Cash Growth	-25.38%	-35.01%	-24.63%	17.81%	19.18%	-15.06%
Accounts Receivable	9.83	12.32	14.66	16.91	19.53	11.83
Other Receivables	2.38	0.65	0.74	2.14	3.41	1.8
Receivables	12.21	12.97	15.39	19.05	24.42	14.59
Prepaid Expenses	-	1.29	1.21	0.91	0.78	-
Total Current Assets	15.77	20.22	25.77	32.11	35.66	23.25
Property, Plant & Equipment	2.77	5.54	9.38	6.14	0.66	0.41
Long-Term Investments	-	-	-	-	0.3	0.38
Goodwill	25.34	24.07	24.26	24.16	24.24	14.48
Other Intangible Assets	-	-	-	-	0.52	0.57
Long-Term Deferred Tax Assets	0.22	0.25	0.21	0.17	-	-
Long-Term Deferred Charges	1.67	1.46	1.56	1.23	0.58	-
Other Long-Term Assets	1.84	1.64	1.86	1.9	-	-
Total Assets	47.61	53.17	63.03	65.71	61.96	39.09

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	10.86	1.78	2.7	5.53	3.71	1.48
Accrued Expenses	-	10.25	11.96	13.01	11.27	7.01
Short-Term Debt	-	-	-	-	-	0
Current Portion of Long-Term Debt	0	0.02	-	0.03	-	-
Current Portion of Leases	3.73	3.29	3.1	3.08	-	-
Current Income Taxes Payable	0.04	0.06	0.07	0.04	0.1	0.55
Current Unearned Revenue	0.79	0.91	1.09	1.62	-	-
Other Current Liabilities	-	0.74	0.28	0.55	5.17	2.62
Total Current Liabilities	15.42	17.04	19.2	23.84	20.25	11.66
Long-Term Debt	0.05	0.05	0.07	0.08	0.15	-
Long-Term Leases	0.23	3.04	6.47	2.68	-	-
Long-Term Deferred Tax Liabilities	1.04	0.84	0.58	0.3	-	-
Other Long-Term Liabilities	0.61	0.54	0.6	0	-	-
Total Liabilities	17.35	21.51	26.92	26.9	20.4	11.66

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.55	0.55	0.55	0.55	0.55	0.3
Retained Earnings	-1.99	-0.6	2.11	4.95	7.58	10.2
Comprehensive Income & Other	31.99	31.97	33.46	33.29	33.14	16.08
Total Common Equity	30.54	31.91	36.12	38.79	41.26	26.58
Minority Interest	-0.28	-0.25	0	0.02	0.29	0.85
Shareholders' Equity	30.27	31.66	36.12	38.81	41.56	27.43
Total Liabilities & Equity	47.61	53.17	63.03	65.71	61.96	39.09

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	4.01	6.4	9.64	5.86	0.15	0
Net Cash (Debt)	-0.45	-0.44	-0.48	6.29	10.17	8.66
Net Cash Growth	-	-	-	-38.10%	17.43%	-10.80%
Net Cash Per Share	-0.03	-0.03	-0.03	0.38	0.69	0.72
Filing Date Shares Outstanding	18.17	16.73	16.69	16.56	16.5	12.23
Total Common Shares Outstanding	18.17	16.73	16.69	16.56	16.5	12.23
Working Capital	0.36	3.17	6.57	8.27	15.41	11.59
Book Value Per Share	1.68	1.91	2.16	2.34	2.50	2.17
Tangible Book Value	5.2	7.84	11.86	14.63	16.5	11.53
Tangible Book Value Per Share	0.29	0.47	0.71	0.88	1.00	0.94
Machinery	-	1.3	1.48	1.42	2.24	1.77
Leasehold Improvements	-	0.07	0.07	0.02	-	-

Data Source: S&P Global Market Intelligence Last updated: Oct 21, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 27, 2026

Data Sources Report a data error