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Oy Furmarc Ab

Limited company, Kovjoki. Manufacture of other builders’ carpentry and joinery n.e.c..

Oy Furmarc Ab is a limited company based in Uusikaarlepyy, registered in 1984. In the financial year ending 31.12.2025, revenue was 492 t€ and operating profit 77 t€; equity ratio 72.6 %. Its taxable income in 2024 was 66 t€ and its income taxes 13 t€.

Revenue 2025492 t€-16 % on the previous year
Operating profit77 t€15,7 % of revenue
Net profit60 t€EBITDA 47 t€
Equity ratio72,6 %quick ratio 2,98
Taxable income 202466 t€ upper half of its industry
Income taxes 202413 t€58 t€ in 2020–2024
In business42 yrsregistered 2.8.1984

Financials

636 t€381 t€586 t€492 t€492 t€125 t€60 t€70 t€77 t€95 t€41 t€53 t€60 t€2022202320242025
RevenueOperating profitNet profit
Key figures31.12.202531.12.202431.12.202331.12.2022
Revenue492 t€586 t€381 t€636 t€
Revenue change-16,0 %53,6 %-40,0 %–
EBITDA47 t€98 t€93 t€138 t€
EBITDA %9,5 %16,7 %24,5 %21,7 %
Operating profit77 t€70 t€60 t€125 t€
Operating margin15,7 %12,0 %15,8 %19,6 %
Net profit60 t€53 t€41 t€95 t€
Personnel costs-123 t€154 t€130 t€115 t€
Equity ratio72,6 %64,5 %59,3 %57,8 %
Quick ratio2,982,091,902,61
Current ratio3,352,632,192,78
Debt to revenue26,5 %28,9 %48,9 %35,5 %
Return on equity18,4 %18,2 %15,8 %40,0 %
Balance sheet total477 t€476 t€459 t€536 t€
Equity328 t€291 t€259 t€237 t€
Cash and bank197 t€149 t€147 t€279 t€

Balance sheet

536 t€459 t€476 t€477 t€477 t€237 t€259 t€291 t€328 t€279 t€147 t€149 t€197 t€2022202320242025
Balance sheet totalEquityCash
Income statement and balance sheet

Income statement

31.12.202531.12.202431.12.202331.12.2022
Turnover492 t€586 t€381 t€636 t€
Other operating income–0 €32 t€0 €
Raw materials and services205 t€-273 t€-163 t€-331 t€
Personnel expenses123 t€-154 t€-130 t€-115 t€
Depreciations and reductions in value31 t€-27 t€-33 t€-13 t€
Other operating expenses56 t€-61 t€-27 t€-53 t€
Operating profit (loss)77 t€70 t€60 t€125 t€
Financial income and expenses + (-)-64 €-1 146 €-1 178 €-83 €
Profit (loss) before appropriations and taxes77 t€69 t€59 t€125 t€
Income taxes15 t€-14 t€-11 t€-24 t€
Profit (loss) for the financial year60 t€53 t€41 t€95 t€

Balance sheet

31.12.202531.12.202431.12.202331.12.2022
Non-current assets186 t€180 t€207 t€133 t€
Stocks32 t€61 t€33 t€25 t€
Receivables7 612 €33 t€17 t€45 t€
Cash in hand and at banks197 t€149 t€147 t€279 t€
Current assets291 t€297 t€252 t€403 t€
Assets477 t€476 t€459 t€536 t€
Share capital or other similar capital2 523 €2 523 €2 523 €2 523 €
Capital and reserves328 t€291 t€259 t€237 t€
Appropriations18 t€16 t€13 t€73 t€
Long-term liabilities44 t€56 t€72 t€81 t€
Short-term liabilities87 t€113 t€115 t€145 t€
Liabilities131 t€169 t€187 t€226 t€
All financial statement items (54)
31.12.202531.12.202431.12.202331.12.2022
Turnover492 t€586 t€381 t€636 t€
Other operating income–0 €32 t€0 €
Raw materials and services205 t€-273 t€-163 t€-331 t€
Personnel expenses123 t€-154 t€-130 t€-115 t€
Depreciations and reductions in value31 t€-27 t€-33 t€-13 t€
Other operating expenses56 t€-61 t€-27 t€-53 t€
Operating profit (loss)77 t€70 t€60 t€125 t€
Financial income and expenses + (-)-64 €-1 146 €-1 178 €-83 €
Profit (loss) before appropriations and taxes77 t€69 t€59 t€125 t€
Income taxes15 t€-14 t€-11 t€-24 t€
Profit (loss) for the financial year60 t€53 t€41 t€95 t€
Non-current assets186 t€180 t€207 t€133 t€
Stocks32 t€61 t€33 t€25 t€
Receivables7 612 €33 t€17 t€45 t€
Cash in hand and at banks197 t€149 t€147 t€279 t€
Current assets291 t€297 t€252 t€403 t€
Assets477 t€476 t€459 t€536 t€
Share capital or other similar capital2 523 €2 523 €2 523 €2 523 €
Capital and reserves328 t€291 t€259 t€237 t€
Appropriations18 t€16 t€13 t€73 t€
Long-term liabilities44 t€56 t€72 t€81 t€
Short-term liabilities87 t€113 t€115 t€145 t€
Liabilities131 t€169 t€187 t€226 t€
Short-term accounts payable3 744 €5 803 €8 267 €19 t€
Short-term prepayments and accrued income0 €10 t€0 €800 €
Depreciations according to plan31 t€-27 t€-33 t€-13 t€
Land and water areas, Owned10 t€10 t€10 t€10 t€
Other tangible assets8 614 €10 t€12 t€14 t€
Increase (decrease) in deprecation difference2 391 €-2 879 €-7 157 €-6 039 €
Retained earnings265 t€236 t€216 t€140 t€
Liabilities477 t€476 t€459 t€536 t€
Other interest and financial income from non-group companies11 €17 €14 €14 €
Short-term receivables7 612 €33 t€17 t€45 t€
Other shares and holdings54 t€54 t€54 t€54 t€
Short-term accrued expenses and deferred income23 t€3 737 €13 t€18 t€
Purchases during the financial year176 t€-301 t€-171 t€-279 t€
Short-term sales receivables3 112 €20 t€15 t€17 t€
Inventory increase (+) or decrease (-)29 t€28 t€8 678 €-20 t€
Pension expenses26 t€-29 t€-22 t€-21 t€
Services purchased–0 €-321 €-32 t€
Machinery and equipment92 t€79 t€98 t€16 t€
Long-term liabilities to credit institutions44 t€56 t€72 t€81 t€
Shares and holdings54 t€54 t€54 t€54 t€
Other current liabilities60 t€103 t€93 t€107 t€
Income from other investments under non-current assets, from other companies3 057 €3 012 €2 842 €2 666 €
Tangible assets186 t€180 t€207 t€133 t€
Other social security expenses9 019 €-8 516 €-6 993 €-5 633 €
Buildings and structures, Owned75 t€81 t€87 t€94 t€
Wages and salaries89 t€-117 t€-100 t€-88 t€
Other short-term receivables4 500 €2 600 €2 500 €27 t€
Profit (loss) for the period, equity60 t€53 t€41 t€95 t€
Materials and supplies32 t€61 t€33 t€25 t€
Interest expenses and other financial expenses for non-Group companies3 004 €-4 175 €-4 034 €-2 762 €
Depreciation difference18 t€16 t€13 t€6 039 €

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

36 t€13 t€119 t€52 t€66 t€66 t€20202021202220232024

Measured by taxable income, Oy Furmarc Ab is in the upper half of the industry class manufacture of other builders’ carpentry and joinery n.e.c. (137 companies with taxable income; median 30 t€, 2,2 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.

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