Omaisuusarvo

Omainsuusarvo is a Finnish concept that refers to the monetary value assigned to an asset or a group of assets owned by an individual or an entity. The term is most commonly used in accounting, finance and real‑estate valuation, and it appears in tax legislation and corporate reporting. In financial statements the omaisuudenarvo forms the basis for calculating capital, depreciation, and loss provisions.

In practice, omaisuudenarvo is determined by applying valuation methods such as the market price method for tradable securities, the sales comparison method for real property, the income approach for business assets, or the replacement cost method for fixed assets such as machinery. The choice of method depends on the asset class, market conditions, and the purpose of the valuation. Once a fair‑value estimate is obtained, it becomes the basis for reporting the asset on the balance sheet, for tax assessments, and for evaluating the solvency of a company.

The Finnish Financial Accounting Standards (FAS 9) and the Finnish Accounting Act require that assets be measured at fair value or at cost less accumulated depreciation where appropriate, and that the omaisuudenarvo be disclosed in the notes to the financial statements. In tax law, the omaisuudenarvo of real estate used for determining capital gains is the cost basis adjusted for improvements and depreciation.

Because omaisuudenarvo can influence dividends, borrowing capacity and the calculation of the basis for wealth tax, its accurate determination is essential for both private individuals and corporate entities. It is regularly reassessed on an annual basis or when significant changes in market value occur, in order to reflect the current economic reality of the assets.