M. ja H. Rintamäki Oy is a limited company based in Seinäjoki, registered in 1989. In the financial year ending 31.12.2025, revenue was 5,1 M€ and operating profit 473 t€; equity ratio 54.8 %. Its taxable income in 2024 was 396 t€ and its income taxes 81 t€.
Revenue 20255,1 M€+4 % on the previous year
Operating profit473 t€9,4 % of revenue
Net profit334 t€EBITDA 148 t€
Equity ratio54,8 %quick ratio 1,93
Taxable income 2024396 t€
top 10 % of its industry
Income taxes 202481 t€336 t€ in 2020–2024
In business37 yrsregistered 1.3.1989
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 |
|---|---|---|---|---|
| Revenue | 5,1 M€ | 4,8 M€ | 4,7 M€ | 5,2 M€ |
| Revenue change | 4,3 % | 3,7 % | -9,5 % | – |
| EBITDA | 148 t€ | 856 t€ | 874 t€ | 546 t€ |
| EBITDA % | 2,9 % | 17,7 % | 18,7 % | 10,6 % |
| Operating profit | 473 t€ | 442 t€ | 559 t€ | 376 t€ |
| Operating margin | 9,4 % | 9,1 % | 12,0 % | 7,3 % |
| Net profit | 334 t€ | 297 t€ | 406 t€ | 286 t€ |
| Personnel costs | -890 t€ | 829 t€ | 784 t€ | 691 t€ |
| Equity ratio | 54,8 % | 36,9 % | 38,8 % | 37,1 % |
| Quick ratio | 1,93 | 0,64 | 1,56 | 1,17 |
| Current ratio | 1,93 | 0,64 | 1,56 | 1,17 |
| Debt to revenue | 23,5 % | 42,1 % | 33,7 % | 22,4 % |
| Return on equity | 23,2 % | 24,9 % | 40,7 % | 42,0 % |
| Balance sheet total | 2,6 M€ | 3,2 M€ | 2,6 M€ | 1,8 M€ |
| Equity | 1,4 M€ | 1,2 M€ | 997 t€ | 681 t€ |
| Cash and bank | 1,1 M€ | 588 t€ | 804 t€ | 802 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|---|
| Turnover | 5,1 M€ | 4,8 M€ | 4,7 M€ | 5,2 M€ |
| Other operating income | 24 t€ | 24 t€ | 19 t€ | 58 t€ |
| Raw materials and services | 2,8 M€ | -2,7 M€ | -2,5 M€ | -3,4 M€ |
| Personnel expenses | 890 t€ | -829 t€ | -784 t€ | -691 t€ |
| Depreciations and reductions in value | 325 t€ | -413 t€ | -315 t€ | -169 t€ |
| Other operating expenses | 548 t€ | -512 t€ | -511 t€ | -604 t€ |
| Operating profit (loss) | 473 t€ | 442 t€ | 559 t€ | 376 t€ |
| Financial income and expenses + (-) | 47 t€ | -60 t€ | -52 t€ | -18 t€ |
| Profit (loss) before appropriations and taxes | 426 t€ | 382 t€ | 507 t€ | 358 t€ |
| Income taxes | 92 t€ | -85 t€ | -101 t€ | -72 t€ |
| Profit (loss) for the financial year | 334 t€ | 297 t€ | 406 t€ | 286 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|---|
| Non-current assets | 1,4 M€ | 2,6 M€ | 1,5 M€ | 981 t€ |
| Receivables | 161 t€ | 80 t€ | 267 t€ | 53 t€ |
| Cash in hand and at banks | 1,1 M€ | 588 t€ | 804 t€ | 802 t€ |
| Current assets | 1,2 M€ | 669 t€ | 1,1 M€ | 855 t€ |
| Assets | 2,6 M€ | 3,2 M€ | 2,6 M€ | 1,8 M€ |
| Share capital or other similar capital | 8 409 € | 8 409 € | 8 409 € | 8 409 € |
| Capital and reserves | 1,4 M€ | 1,2 M€ | 997 t€ | 681 t€ |
| Long-term liabilities | 556 t€ | 995 t€ | 888 t€ | 427 t€ |
| Short-term liabilities | 629 t€ | 1,0 M€ | 688 t€ | 728 t€ |
| Liabilities | 1,2 M€ | 2,0 M€ | 1,6 M€ | 1,2 M€ |
All financial statement items (51)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | |
|---|---|---|---|---|
| Turnover | 5,1 M€ | 4,8 M€ | 4,7 M€ | 5,2 M€ |
| Other operating income | 24 t€ | 24 t€ | 19 t€ | 58 t€ |
| Raw materials and services | 2,8 M€ | -2,7 M€ | -2,5 M€ | -3,4 M€ |
| Personnel expenses | 890 t€ | -829 t€ | -784 t€ | -691 t€ |
| Depreciations and reductions in value | 325 t€ | -413 t€ | -315 t€ | -169 t€ |
| Other operating expenses | 548 t€ | -512 t€ | -511 t€ | -604 t€ |
| Operating profit (loss) | 473 t€ | 442 t€ | 559 t€ | 376 t€ |
| Financial income and expenses + (-) | 47 t€ | -60 t€ | -52 t€ | -18 t€ |
| Profit (loss) before appropriations and taxes | 426 t€ | 382 t€ | 507 t€ | 358 t€ |
| Income taxes | 92 t€ | -85 t€ | -101 t€ | -72 t€ |
| Profit (loss) for the financial year | 334 t€ | 297 t€ | 406 t€ | 286 t€ |
| Non-current assets | 1,4 M€ | 2,6 M€ | 1,5 M€ | 981 t€ |
| Receivables | 161 t€ | 80 t€ | 267 t€ | 53 t€ |
| Cash in hand and at banks | 1,1 M€ | 588 t€ | 804 t€ | 802 t€ |
| Current assets | 1,2 M€ | 669 t€ | 1,1 M€ | 855 t€ |
| Assets | 2,6 M€ | 3,2 M€ | 2,6 M€ | 1,8 M€ |
| Share capital or other similar capital | 8 409 € | 8 409 € | 8 409 € | 8 409 € |
| Capital and reserves | 1,4 M€ | 1,2 M€ | 997 t€ | 681 t€ |
| Long-term liabilities | 556 t€ | 995 t€ | 888 t€ | 427 t€ |
| Short-term liabilities | 629 t€ | 1,0 M€ | 688 t€ | 728 t€ |
| Liabilities | 1,2 M€ | 2,0 M€ | 1,6 M€ | 1,2 M€ |
| Other current liabilities | 112 t€ | -17 t€ | 180 t€ | 169 t€ |
| Other tangible assets | 2 415 € | 2 787 € | 3 282 € | 3 943 € |
| Liabilities | 2,6 M€ | 3,2 M€ | 2,6 M€ | 1,8 M€ |
| Long-term liabilities to credit institutions | 556 t€ | 995 t€ | 888 t€ | 427 t€ |
| Short-term receivables | 161 t€ | 80 t€ | 267 t€ | 53 t€ |
| Other short-term receivables | 53 t€ | 0 € | 13 t€ | 25 t€ |
| Land and water areas, Owned | 50 t€ | 50 t€ | 50 t€ | 50 t€ |
| Other interest and financial income from non-group companies | 58 € | 197 € | 10 € | 3 € |
| Machinery and equipment | 1,0 M€ | 2,2 M€ | 1,2 M€ | 627 t€ |
| Retained earnings | 1,1 M€ | 888 t€ | 582 t€ | 387 t€ |
| Short-term accounts payable | 118 t€ | 609 t€ | 125 t€ | 112 t€ |
| Wages and salaries | 693 t€ | -675 t€ | -647 t€ | -570 t€ |
| Intangible assets | 13 t€ | 13 t€ | 13 t€ | 13 t€ |
| Short-term sales receivables | 91 t€ | 77 t€ | 252 t€ | 25 t€ |
| Profit (loss) for the period, equity | 334 t€ | 297 t€ | 406 t€ | 286 t€ |
| Interest expenses and other financial expenses for non-Group companies | 47 t€ | -61 t€ | -52 t€ | -18 t€ |
| Other shares and similar rights of ownership | 100 t€ | 100 t€ | 0 € | – |
| Pension expenses | 136 t€ | -134 t€ | -117 t€ | -105 t€ |
| Short-term prepayments and accrued income | 17 t€ | 2 788 € | 2 788 € | 2 788 € |
| Buildings and structures, Owned | 234 t€ | 246 t€ | 264 t€ | 284 t€ |
| Other social security expenses | 60 t€ | -20 t€ | -20 t€ | -16 t€ |
| Services purchased | 2,4 M€ | -2,2 M€ | -2,0 M€ | -2,8 M€ |
| Tangible assets | 1,3 M€ | 2,4 M€ | 1,5 M€ | 966 t€ |
| Purchases during the financial year | 484 t€ | -504 t€ | -545 t€ | -625 t€ |
| Shares and similar rights of ownership in subsidiaries | 2 459 € | 2 459 € | 2 459 € | 2 459 € |
| Short-term liabilities to credit institutions | 272 t€ | 312 t€ | 221 t€ | 312 t€ |
| Depreciations according to plan | 325 t€ | -413 t€ | -315 t€ | -169 t€ |
| Short-term accrued expenses and deferred income | 128 t€ | 141 t€ | 161 t€ | 135 t€ |
| Intangible rights | 13 t€ | 13 t€ | 13 t€ | 13 t€ |
| Investments | 102 t€ | 102 t€ | 2 459 € | 2 459 € |
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
Measured by taxable income, M. ja H. Rintamäki Oy is in the top 10 % of the industry class logging (777 companies with taxable income; median 49 t€, 8,1 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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