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Kuopion Rakennustarvike Oy

Limited company. Manufacture of furniture.

Kuopion Rakennustarvike Oy is a limited company based in Kuopio, registered in 1984. In the financial year ending 30.4.2023, revenue was 1,6 M€ and operating profit 104 t€; equity ratio 73.6 %. Its taxable income in 2024 was 115 t€ and its income taxes 23 t€. Public buyers bought 1 419 € from it in 2025–2025; the largest buyer is Geologian tutkimuskeskus (Työ- ja elinkeinoministeriön hallinnonala).

Revenue 20231,6 M€-9 % on the previous year
Operating profit104 t€6,4 % of revenue
Net profit82 t€EBITDA 117 t€
Equity ratio73,6 %quick ratio 1,69
Taxable income 2024115 t€ top quarter of its industry
Income taxes 202423 t€88 t€ in 2020–2024
In business42 yrsregistered 12.4.1984
Sales to public buyers1 419 €2025–2025

Financials

1,6 M€1,8 M€1,6 M€1,6 M€49 t€100 t€104 t€38 t€80 t€82 t€2021-042022-042023-04
RevenueOperating profitNet profit
Key figures30.4.202330.4.202230.4.2021
Revenue1,6 M€1,8 M€1,6 M€
Revenue change-9,4 %10,8 %–
EBITDA117 t€114 t€65 t€
EBITDA %7,2 %6,4 %4,0 %
Operating profit104 t€100 t€49 t€
Operating margin6,4 %5,6 %3,0 %
Net profit82 t€80 t€38 t€
Personnel costs471 t€514 t€434 t€
Equity ratio73,6 %65,8 %66,5 %
Quick ratio1,691,481,63
Current ratio3,052,522,72
Debt to revenue12,1 %14,9 %14,9 %
Return on equity14,9 %15,6 %8,1 %
Balance sheet total762 t€790 t€717 t€
Equity549 t€512 t€475 t€
Cash and bank244 t€251 t€218 t€

Balance sheet

717 t€790 t€762 t€762 t€475 t€512 t€549 t€218 t€251 t€244 t€2021-042022-042023-04
Balance sheet totalEquityCash
Income statement and balance sheet

Income statement

30.4.202330.4.202230.4.2021
Turnover1,6 M€1,8 M€1,6 M€
Other operating income810 €3 063 €53 t€
Raw materials and services-869 t€-1,0 M€-997 t€
Personnel expenses-471 t€-514 t€-434 t€
Depreciations and reductions in value-13 t€-15 t€-16 t€
Other operating expenses-163 t€-159 t€-171 t€
Operating profit (loss)104 t€100 t€49 t€
Financial income and expenses + (-)-1 392 €259 €-351 €
Profit (loss) before appropriations and taxes103 t€100 t€49 t€
Income taxes-21 t€-20 t€-10 t€
Profit (loss) for the financial year82 t€80 t€38 t€

Balance sheet

30.4.202330.4.202230.4.2021
Non-current assets117 t€128 t€137 t€
Stocks287 t€273 t€233 t€
Receivables113 t€138 t€129 t€
Cash in hand and at banks244 t€251 t€218 t€
Current assets645 t€662 t€580 t€
Assets762 t€790 t€717 t€
Share capital or other similar capital17 t€17 t€17 t€
Capital and reserves549 t€512 t€475 t€
Long-term liabilities1 000 €15 t€29 t€
Short-term liabilities211 t€263 t€213 t€
Liabilities212 t€278 t€242 t€
All financial statement items (50)
30.4.202330.4.202230.4.2021
Turnover1,6 M€1,8 M€1,6 M€
Other operating income810 €3 063 €53 t€
Raw materials and services-869 t€-1,0 M€-997 t€
Personnel expenses-471 t€-514 t€-434 t€
Depreciations and reductions in value-13 t€-15 t€-16 t€
Other operating expenses-163 t€-159 t€-171 t€
Operating profit (loss)104 t€100 t€49 t€
Financial income and expenses + (-)-1 392 €259 €-351 €
Profit (loss) before appropriations and taxes103 t€100 t€49 t€
Income taxes-21 t€-20 t€-10 t€
Profit (loss) for the financial year82 t€80 t€38 t€
Non-current assets117 t€128 t€137 t€
Stocks287 t€273 t€233 t€
Receivables113 t€138 t€129 t€
Cash in hand and at banks244 t€251 t€218 t€
Current assets645 t€662 t€580 t€
Assets762 t€790 t€717 t€
Share capital or other similar capital17 t€17 t€17 t€
Capital and reserves549 t€512 t€475 t€
Long-term liabilities1 000 €15 t€29 t€
Short-term liabilities211 t€263 t€213 t€
Liabilities212 t€278 t€242 t€
Other current liabilities36 t€43 t€33 t€
Short-term advances received16 t€12 t€2 099 €
Liabilities762 t€790 t€717 t€
Long-term liabilities to credit institutions1 000 €15 t€29 t€
Short-term receivables112 t€136 t€127 t€
Other short-term receivables0 €1 700 €0 €
Other interest and financial income from non-group companies210 €1 209 €889 €
Machinery and equipment17 t€20 t€22 t€
Retained earnings451 t€415 t€420 t€
Short-term accounts payable68 t€107 t€100 t€
Wages and salaries-373 t€-403 t€-327 t€
Short-term sales receivables97 t€127 t€127 t€
Profit (loss) for the period, equity82 t€80 t€38 t€
Interest expenses and other financial expenses for non-Group companies-1 602 €-950 €-1 240 €
Long-term receivables1 554 €1 554 €1 554 €
Short-term prepayments and accrued income14 t€8 123 €0 €
Buildings and structures, Owned100 t€107 t€116 t€
Pension expenses-76 t€-86 t€-82 t€
Other social security expenses-22 t€-24 t€-24 t€
Services purchased-59 t€-73 t€-80 t€
Other long-term receivables1 554 €1 554 €1 554 €
Tangible assets117 t€128 t€137 t€
Purchases during the financial year-824 t€-970 t€-860 t€
Materials and supplies287 t€273 t€233 t€
Short-term liabilities to credit institutions14 t€14 t€25 t€
Depreciations according to plan-13 t€-15 t€-16 t€
Short-term accrued expenses and deferred income78 t€87 t€53 t€
Inventory increase (+) or decrease (-)14 t€40 t€-56 t€

From financial statements filed digitally (XBRL) with the Finnish Patent and Registration Office; ratios calculated from them. Equity ratio = (equity + accumulated appropriations) / (balance sheet total − advances received).

Taxes

64 t€51 t€100 t€103 t€115 t€115 t€20202021202220232024

Measured by taxable income, Kuopion Rakennustarvike Oy is in the top quarter of the industry class manufacture of furniture (228 companies with taxable income; median 19 t€, 5,9 times the median).

Taxable income is the profit as calculated for taxation, not revenue. Public data from the Finnish Tax Administration; figures for 2025 are published in November 2026.

Sales to public buyers

Largest buyers

  • Geologian tutkimuskeskus Työ- ja elinkeinoministeriön hallinnonala1 419 €

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