Income Statement Cityvarasto Oyj

Stocks

CITYVA

FI4000176557

Specialized REITs

Market Closed - Nasdaq Helsinki 12:00:00 2026-08-18 EDT			5-day change	1st Jan Change
14.95 ^EUR	-1.32%		-6.56%	-10.48%

08-17	Cityvarasto Oyj Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
07-06	Finland's Cityvarasto Buys Storage Service Group Kenguruvarastot	MT

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Published financial data: CITYVARASTO OYJ

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	12.97M	16.7M	18.46M	22.41M	27.14M
Total Revenues	12.97M	16.7M	18.46M	22.41M	27.14M
Cost of Goods Sold, Total	2.32M	3.03M	3.19M	3.25M	4.19M
Gross Profit	10.65M	13.67M	15.27M	19.16M	22.95M
Depreciation & Amortization - (IS)	929K	1.39M	1.68M	1.89M	2.03M
Amortization of Goodwill and Intangible Assets - (IS)	101K	101K	109K	117K	-
Other Operating Expenses	5.78M	7.76M	8.76M	10.4M	10.85M
Other Operating Expenses, Total	6.82M	9.26M	10.56M	12.41M	12.88M
Operating Income	3.84M	4.41M	4.71M	6.75M	10.07M
Interest Expense, Total	-625K	-826K	-1.9M	-2.41M	-2.46M
Interest And Investment Income	1.01K	1.56K	1.29K	96K	62K
Net Interest Expenses	-624K	-824K	-1.9M	-2.32M	-2.4M
Other Non Operating Income (Expenses)	40.52K	69.82K	131K	1	-10K
EBT, Excl. Unusual Items	3.25M	3.66M	2.94M	4.44M	7.67M
Gain (Loss) On Sale Of Assets	-	815K	-	-	-
Asset Writedown	11.36M	4.88M	4.41M	59.48M	6.67M
Other Unusual Items	-	-	-	-	-1.19M
EBT, Incl. Unusual Items	14.61M	9.35M	7.35M	63.92M	13.15M
Income Tax Expense	2.84M	1.67M	1.47M	12.61M	2.44M
Earnings From Continuing Operations	11.77M	7.68M	5.89M	51.3M	10.72M
Net Income to Company	11.77M	7.68M	5.89M	51.3M	10.72M
Net Income - (IS)	11.77M	7.68M	5.89M	51.3M	10.72M
Net Income to Common Incl Extra Items	11.77M	7.68M	5.89M	51.3M	10.72M
Net Income to Common Excl. Extra Items	11.77M	7.68M	5.89M	51.3M	10.72M
Per Share Items
Net EPS - Basic	1.8	1.09	0.83	7.28	1.47
Basic EPS - Continuing Operations	1.8	1.09	0.83	7.28	1.47
Basic Weighted Average Shares Outstanding	6.54M	7.05M	7.09M	7.05M	7.28M
Net EPS - Diluted	1.8	1.09	0.83	7.28	1.47
Diluted EPS - Continuing Operations	1.8	1.09	0.83	7.28	1.47
Diluted Weighted Average Shares Outstanding	6.54M	7.05M	7.09M	7.05M	7.28M
Normalized Basic EPS	0.31	0.32	0.26	0.39	0.66
Normalized Diluted EPS	0.31	0.32	0.26	0.39	0.66
Dividend Per Share	0.07	0.08	0.09	0.1	0.11
Payout Ratio	-	-	-	-	6.58
Supplemental Items
EBITDA	4.87M	5.91M	6.51M	8.76M	12.1M
EBITA	3.84M	4.41M	4.71M	6.75M	10.68M
EBIT	3.84M	4.41M	4.71M	6.75M	10.07M
Effective Tax Rate - (Ratio)	19.43	17.82	19.96	19.73	18.52
Total Current Taxes	-	-	835	-835	-
Total Deferred Taxes	-	-	1.47M	12.61M	2.44M
Normalized Net Income	2.03M	2.29M	1.84M	2.77M	4.79M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	6.13M	3.95M	1.61M	1.8M	1.2M
Short Term Investments	60.27K	1.04M	325K	325K	8.38M
Total Cash And Short Term Investments	6.19M	4.98M	1.94M	2.13M	9.59M
Accounts Receivable, Total	1.12M	1.16M	1M	1.25M	1.65M
Other Receivables	412K	310K	553K	673K	904K
Total Receivables	1.53M	1.47M	1.56M	1.93M	2.56M
Inventory	14.98K	15K	15K	15K	15K
Prepaid Expenses	-	-	-	-	104K
Deferred Tax Assets Current	5.31K	9.16K	136K	266K	-
Other Current Assets, Total	-	-	-100	-1	-
Total Current Assets	7.74M	6.48M	3.65M	4.34M	12.27M
Gross Property Plant And Equipment	-	-	8.53M	13.92M	15.52M
Accumulated Depreciation	-	-	-4.8M	-6.18M	-5.84M
Net Property Plant And Equipment	2.2M	2.75M	3.73M	7.75M	9.68M
Long-term Investments	1M	-	-	-	-
Goodwill	370K	303K	439K	283K	341K
Other Intangibles, Total	-	-	-	-	1.62M
Deferred Tax Assets Long-Term	-	-	-	-	759K
Deferred Charges Long-Term	144K	167K	281K	-	-
Other Long-Term Assets, Total	102M	115M	127M	196M	217M
Total Assets	113M	124M	135M	208M	242M
Liabilities
Accounts Payable, Total	1.51M	1.85M	1.93M	3.06M	1.27M
Accrued Expenses, Total	174K	459K	403K	297K	1.48M
Current Portion of Long-Term Debt	2.64M	4.55M	2.56M	3.86M	3.87M
Current Portion of Leases	-	-	-	-	993K
Unearned Revenue Current, Total	-	-	-	38.52K	-
Deferred Tax Liability Current	6.62K	-	-	-	-
Other Current Liabilities	853K	792K	1.25M	1.76M	1.14M
Total Current Liabilities	5.19M	7.66M	6.14M	9.02M	8.75M
Long-Term Debt	27.59M	26.92M	30.49M	34.43M	38.58M
Long-Term Leases	-	-	-	-	7.4M
Deferred Tax Liability Non Current	12.19M	13.78M	15.37M	28.12M	31.17M
Other Non Current Liabilities	1.14M	1.68M	3.58M	6.15M	-
Total Liabilities	46.1M	50.04M	55.59M	77.71M	85.89M
Common Stock, Total	80K	80K	80K	80K	80K
Retained Earnings	49.8M	56.99M	62.31M	113M	124M
Comprehensive Income and Other	17.17M	17.15M	17.15M	17.15M	31.64M
Total Common Equity	67.05M	74.22M	79.54M	130M	156M
Total Equity	67.05M	74.22M	79.54M	130M	156M
Total Liabilities And Equity	113M	124M	135M	208M	242M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	6.54M	7.05M	7.05M	7.05M	7.99M
ECS Total Common Shares Outstanding	6.54M	7.05M	7.05M	7.05M	7.99M
Book Value / Share	10.25	10.53	11.28	18.47	19.53
Tangible Book Value	66.68M	73.91M	79.1M	130M	154M
Tangible Book Value Per Share	10.2	10.49	11.22	18.43	19.28
Total Debt	30.23M	31.48M	33.05M	38.29M	50.83M
Net Debt	24.04M	26.49M	31.11M	36.16M	41.24M
Account Code - Inventory Valuation	-	3	3	3	6
Inventories - Others	-	-	-	-	15K
Machinery, Total	-	-	8.53M	13.92M	15.52M
Full Time Employees	-	64	59	58	64

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-	-	-	-	10.72M
Depreciation & Amortization - CF	-	-	-	-	1.42M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	612K
Depreciation & Amortization, Total	-	-	-	-	2.03M
Asset Writedown & Restructuring Costs	-	-	-	-	-6.68M
Other Operating Activities, Total	-	-	-	-	2.5M
Change In Accounts Receivable	-	-	-	-	-1.12M
Change In Accounts Payable	-	-	-	-	-83K
Cash from Operations	-	-	-	-	7.37M
Capital Expenditure	-	-	-	-	-2.37M
Sale (Purchase) of Real Estate properties	-	-	-	-	-7.18M
Investment in Marketable and Equity Securities, Total	-	-	-	-	-7.5M
Other Investing Activities, Total	-	-	-	-	-1K
Cash from Investing	-	-	-	-	-17.05M
Long-Term Debt Issued, Total	-	-	-	-	14.4M
Total Debt Issued	-	-	-	-	14.4M
Long-Term Debt Repaid, Total	-	-	-	-	-18.96M
Total Debt Repaid	-	-	-	-	-18.96M
Issuance of Common Stock	-	-	-	-	15M
Common Dividends Paid	-	-	-	-	-705K
Common & Preferred Stock Dividends Paid	-	-	-	-	-705K
Other Financing Activities, Total	-	-	-	-	-655K
Cash from Financing	-	-	-	-	9.08M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-356K
Net Change in Cash	-	-	-	-	-958K
Supplemental Items
Cash Interest Paid	-	-	-	-	2.55M
Levered Free Cash Flow	-	-	-	-	3.79M
Unlevered Free Cash Flow	-	-	-	-	5.33M
Change In Net Working Capital	-	-617K	-265K	-1.08M	626K
Net Debt Issued / Repaid	-	-	-	-	-4.56M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-	2.32	2.27	2.46	2.74
Return on Total Capital	-	2.72	2.7	3	3.21
Return On Equity %	-	10.88	7.66	48.92	7.46
Return on Common Equity	-	10.88	7.66	48.92	7.46
Margin Analysis
Gross Profit Margin %	82.11	81.86	82.71	85.51	84.56
EBITDA Margin %	37.52	35.37	35.24	39.1	44.6
EBITA Margin %	29.57	26.42	25.53	30.13	39.36
EBIT Margin %	29.57	26.42	25.53	30.13	37.11
Income From Continuing Operations Margin %	90.75	46.01	31.88	228.94	39.48
Net Income Margin %	90.75	46.01	31.88	228.94	39.48
Net Avail. For Common Margin %	90.75	46.01	31.88	228.94	39.48
Normalized Net Income Margin	15.67	13.69	9.97	12.37	17.65
Levered Free Cash Flow Margin	-	-	-	-	13.97
Unlevered Free Cash Flow Margin	-	-	-	-	19.63
Asset Turnover
Asset Turnover	-	0.14	0.14	0.13	0.12
Fixed Assets Turnover	-	6.75	5.7	3.9	2.77
Receivables Turnover (Average Receivables)	-	14.64	17.06	19.86	20.57
Inventory Turnover (Average Inventory)	-	202.11	212.83	216.45	279.47
Short Term Liquidity
Current Ratio	1.49	0.85	0.59	0.48	1.4
Quick Ratio	1.49	0.84	0.57	0.45	1.39
Operating Cash Flow to Current Liabilities	-	-	-	-	0.84
Days Sales Outstanding (Average Receivables)	-	24.94	21.4	18.43	17.74
Days Outstanding Inventory (Average Inventory)	-	1.81	1.71	1.69	1.31
Average Days Payable Outstanding	-	202.79	216.24	281.41	113.24
Cash Conversion Cycle (Average Days)	-	-176.05	-193.13	-261.29	-94.19
Long Term Solvency
Total Debt/Equity	45.09	42.41	41.55	29.41	32.59
Total Debt / Total Capital	31.08	29.78	29.35	22.72	24.58
LT Debt/Equity	41.14	36.28	38.33	26.44	29.47
Long-Term Debt / Total Capital	28.36	25.47	27.08	20.43	22.23
Total Liabilities / Total Assets	40.74	40.27	41.14	37.38	35.51
EBIT / Interest Expense	6.14	5.34	2.48	2.8	4.1
EBITDA / Interest Expense	7.79	7.15	3.42	3.63	4.93
(EBITDA - Capex) / Interest Expense	7.79	7.15	3.42	3.63	3.96
Total Debt / EBITDA	6.21	5.33	5.08	4.37	4.2
Net Debt / EBITDA	4.94	4.49	4.78	4.13	3.41
Total Debt / (EBITDA - Capex)	6.21	5.33	5.08	4.37	5.22
Net Debt / (EBITDA - Capex)	4.94	4.49	4.78	4.13	4.24
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	28.72	10.56	21.39	21.12
Gross Profit, 1 Yr. Growth %	-	28.32	11.71	25.51	19.77
EBITDA, 1 Yr. Growth %	-	21.36	10.16	34.68	20.09
EBITA, 1 Yr. Growth %	-	15.02	6.81	43.3	18.36
EBIT, 1 Yr. Growth %	-	15.02	6.81	43.3	16.61
Earnings From Cont. Operations, 1 Yr. Growth %	-	-34.73	-23.4	771.75	-79.24
Net Income, 1 Yr. Growth %	-	-34.73	-23.4	771.75	-79.24
Normalized Net Income, 1 Yr. Growth %	-	12.46	-19.51	50.69	30.19
Diluted EPS Before Extra, 1 Yr. Growth %	-	-39.44	-23.85	777.11	-79.92
Accounts Receivable, 1 Yr. Growth %	-	3.73	-13.72	25.17	67.92
Inventory, 1 Yr. Growth %	-	0.13	0	0	0
Net Property, Plant and Equip., 1 Yr. Growth %	-	24.86	36.04	107.4	-2.6
Total Assets, 1 Yr. Growth %	-	9.81	8.75	53.87	11.28
Tangible Book Value, 1 Yr. Growth %	-	10.84	7.02	64.26	18.34
Common Equity, 1 Yr. Growth %	-	10.68	7.17	63.71	18.64
Cash From Operations, 1 Yr. Growth %	-	-	-	-	-4.94
Capital Expenditures, 1 Yr. Growth %	-	-	-	-	-62.09
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-	-	-417.32
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-	-	881.23
Dividend Per Share, 1 Yr. Growth %	-	14.29	12.5	11.11	10
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	19.29	15.85	21.26
Gross Profit, 2 Yr. CAGR %	-	-	19.73	18.41	22.61
EBITDA, 2 Yr. CAGR %	-	-	15.62	21.8	36.4
EBITA, 2 Yr. CAGR %	-	-	10.84	23.72	50.57
EBIT, 2 Yr. CAGR %	-	-	10.84	23.72	46.19
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	-29.29	158.41	34.93
Net Income, 2 Yr. CAGR %	-	-	-29.29	158.41	34.93
Normalized Net Income, 2 Yr. CAGR %	-	-	-4.86	10.13	61.37
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-32.09	158.44	33.08
Accounts Receivable, 2 Yr. CAGR %	-	-	-5.39	3.92	28.45
Inventory, 2 Yr. CAGR %	-	-	0.06	0	0
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	30.33	67.97	60.99
Total Assets, 2 Yr. CAGR %	-	-	9.28	29.36	33.79
Tangible Book Value, 2 Yr. CAGR %	-	-	8.91	32.58	39.54
Common Equity, 2 Yr. CAGR %	-	-	8.91	32.46	40.03
Dividend Per Share, 2 Yr. CAGR %	-	-	13.39	11.8	10.55
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	19.99	17.58
Gross Profit, 3 Yr. CAGR %	-	-	-	21.62	18.86
EBITDA, 3 Yr. CAGR %	-	-	-	21.65	27.02
EBITA, 3 Yr. CAGR %	-	-	-	20.75	34.28
EBIT, 3 Yr. CAGR %	-	-	-	20.75	31.67
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	63.34	11.72
Net Income, 3 Yr. CAGR %	-	-	-	63.34	11.72
Normalized Net Income, 3 Yr. CAGR %	-	-	-	10.9	27.98
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	59.33	10.48
Accounts Receivable, 3 Yr. CAGR %	-	-	-	3.86	12.49
Inventory, 3 Yr. CAGR %	-	-	-	0.04	0
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	52.16	52.2
Total Assets, 3 Yr. CAGR %	-	-	-	22.48	24.86
Tangible Book Value, 3 Yr. CAGR %	-	-	-	24.9	27.72
Common Equity, 3 Yr. CAGR %	-	-	-	24.76	28.09
Dividend Per Share, 3 Yr. CAGR %	-	-	-	12.62	11.2