Rakennustoimisto Korpiniko Oy is a limited company based in Nurmijärvi, registered in 1988. In the financial year ending 31.12.2025, revenue was 631 t€ and operating profit 56 t€; equity ratio 94.6 %. Its taxable income in 2024 was 25 t€ and its income taxes 4 930 €. Public buyers bought 2 891 € from it in 2022–2024; the largest buyer is Kulttuurin Ja Vapaa-ajan Toimiala, Helsinki (Helsinki).
Revenue 2025631 t€+90 % on the previous year
Operating profit56 t€8,8 % of revenue
Net profit59 t€EBITDA 54 t€
Equity ratio94,6 %quick ratio 6,82
Taxable income 202425 t€
upper half of its industry
Income taxes 20244 930 €133 t€ in 2020–2024
In business37 yrsregistered 23.11.1988
Sales to public buyers2 891 €2022–2024
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 |
|---|---|---|---|---|---|---|
| Revenue | 631 t€ | 331 t€ | 1,2 M€ | 399 t€ | 519 t€ | 811 t€ |
| Revenue change | 90,5 % | -72,6 % | 202,8 % | -23,1 % | -36,0 % | – |
| EBITDA | 54 t€ | 25 t€ | 294 t€ | 84 t€ | 99 t€ | 158 t€ |
| EBITDA % | 8,6 % | 7,7 % | 24,4 % | 20,9 % | 19,2 % | 19,4 % |
| Operating profit | 56 t€ | 23 t€ | 292 t€ | 80 t€ | 95 t€ | 152 t€ |
| Operating margin | 8,8 % | 7,0 % | 24,2 % | 20,1 % | 18,4 % | 18,8 % |
| Net profit | 59 t€ | 19 t€ | 236 t€ | 64 t€ | 76 t€ | 120 t€ |
| Personnel costs | -83 t€ | 89 t€ | 117 t€ | 114 t€ | 97 t€ | 179 t€ |
| Equity ratio | 94,6 % | 91,9 % | 76,1 % | 83,6 % | 85,7 % | 86,0 % |
| Quick ratio | 6,82 | 5,26 | 2,85 | 2,09 | 3,20 | 4,54 |
| Current ratio | 6,82 | 5,26 | 2,85 | 2,09 | 3,20 | 4,54 |
| Debt to revenue | 3,2 % | 9,6 % | 10,5 % | 10,7 % | 7,2 % | 4,4 % |
| Return on equity | 16,3 % | 5,3 % | 58,5 % | 29,4 % | 33,8 % | 55,0 % |
| Balance sheet total | 382 t€ | 394 t€ | 530 t€ | 260 t€ | 261 t€ | 254 t€ |
| Equity | 361 t€ | 363 t€ | 403 t€ | 217 t€ | 224 t€ | 218 t€ |
| Cash and bank | 121 t€ | 129 t€ | 286 t€ | 66 t€ | 77 t€ | 117 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 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 631 t€ | 331 t€ | 1,2 M€ | 399 t€ | 519 t€ | 811 t€ |
| Other operating income | – | – | – | 0 € | 19 t€ | 0 € |
| Raw materials and services | 397 t€ | -164 t€ | -751 t€ | -156 t€ | -291 t€ | -414 t€ |
| Personnel expenses | 83 t€ | -89 t€ | -117 t€ | -114 t€ | -97 t€ | -179 t€ |
| Depreciations and reductions in value | 1 255 € | -2 104 € | -2 375 € | -3 166 € | -4 222 € | -5 629 € |
| Other operating expenses | 94 t€ | -54 t€ | -46 t€ | -45 t€ | -50 t€ | -60 t€ |
| Operating profit (loss) | 56 t€ | 23 t€ | 292 t€ | 80 t€ | 95 t€ | 152 t€ |
| Financial income and expenses + (-) | -19 t€ | 582 € | 3 041 € | 60 € | -50 € | -452 € |
| Profit (loss) before appropriations and taxes | 74 t€ | 24 t€ | 295 t€ | 80 t€ | 95 t€ | 152 t€ |
| Income taxes | 15 t€ | -4 772 € | -59 t€ | -17 t€ | -20 t€ | -32 t€ |
| Profit (loss) for the financial year | 59 t€ | 19 t€ | 236 t€ | 64 t€ | 76 t€ | 120 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Non-current assets | 242 t€ | 227 t€ | 169 t€ | 171 t€ | 142 t€ | 92 t€ |
| Receivables | 19 t€ | 39 t€ | 75 t€ | 23 t€ | 43 t€ | 44 t€ |
| Cash in hand and at banks | 121 t€ | 129 t€ | 286 t€ | 66 t€ | 77 t€ | 117 t€ |
| Current assets | 140 t€ | 168 t€ | 361 t€ | 89 t€ | 119 t€ | 162 t€ |
| Assets | 382 t€ | 394 t€ | 530 t€ | 260 t€ | 261 t€ | 254 t€ |
| Share capital or other similar capital | 2 519 € | 2 519 € | 2 519 € | 2 519 € | 2 519 € | 2 519 € |
| Capital and reserves | 361 t€ | 363 t€ | 403 t€ | 217 t€ | 224 t€ | 218 t€ |
| Short-term liabilities | 20 t€ | 32 t€ | 127 t€ | 43 t€ | 37 t€ | 36 t€ |
| Liabilities | 20 t€ | 32 t€ | 127 t€ | 43 t€ | 37 t€ | 36 t€ |
All financial statement items (47)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 631 t€ | 331 t€ | 1,2 M€ | 399 t€ | 519 t€ | 811 t€ |
| Other operating income | – | – | – | 0 € | 19 t€ | 0 € |
| Raw materials and services | 397 t€ | -164 t€ | -751 t€ | -156 t€ | -291 t€ | -414 t€ |
| Personnel expenses | 83 t€ | -89 t€ | -117 t€ | -114 t€ | -97 t€ | -179 t€ |
| Depreciations and reductions in value | 1 255 € | -2 104 € | -2 375 € | -3 166 € | -4 222 € | -5 629 € |
| Other operating expenses | 94 t€ | -54 t€ | -46 t€ | -45 t€ | -50 t€ | -60 t€ |
| Operating profit (loss) | 56 t€ | 23 t€ | 292 t€ | 80 t€ | 95 t€ | 152 t€ |
| Financial income and expenses + (-) | -19 t€ | 582 € | 3 041 € | 60 € | -50 € | -452 € |
| Profit (loss) before appropriations and taxes | 74 t€ | 24 t€ | 295 t€ | 80 t€ | 95 t€ | 152 t€ |
| Income taxes | 15 t€ | -4 772 € | -59 t€ | -17 t€ | -20 t€ | -32 t€ |
| Profit (loss) for the financial year | 59 t€ | 19 t€ | 236 t€ | 64 t€ | 76 t€ | 120 t€ |
| Non-current assets | 242 t€ | 227 t€ | 169 t€ | 171 t€ | 142 t€ | 92 t€ |
| Receivables | 19 t€ | 39 t€ | 75 t€ | 23 t€ | 43 t€ | 44 t€ |
| Cash in hand and at banks | 121 t€ | 129 t€ | 286 t€ | 66 t€ | 77 t€ | 117 t€ |
| Current assets | 140 t€ | 168 t€ | 361 t€ | 89 t€ | 119 t€ | 162 t€ |
| Assets | 382 t€ | 394 t€ | 530 t€ | 260 t€ | 261 t€ | 254 t€ |
| Share capital or other similar capital | 2 519 € | 2 519 € | 2 519 € | 2 519 € | 2 519 € | 2 519 € |
| Capital and reserves | 361 t€ | 363 t€ | 403 t€ | 217 t€ | 224 t€ | 218 t€ |
| Short-term liabilities | 20 t€ | 32 t€ | 127 t€ | 43 t€ | 37 t€ | 36 t€ |
| Liabilities | 20 t€ | 32 t€ | 127 t€ | 43 t€ | 37 t€ | 36 t€ |
| Investments | 238 t€ | 221 t€ | 161 t€ | 161 t€ | 129 t€ | 75 t€ |
| Depreciations according to plan | 1 255 € | -2 104 € | -2 375 € | -3 166 € | -4 222 € | -5 629 € |
| Short-term sales receivables | 115 € | 3 097 € | 74 t€ | 18 t€ | 17 t€ | 17 t€ |
| Pension expenses | 5 792 € | -6 403 € | -11 t€ | -13 t€ | -10 t€ | -21 t€ |
| Profit (loss) for the period, equity | 59 t€ | 19 t€ | 236 t€ | 64 t€ | 76 t€ | 120 t€ |
| Income from other investments under non-current assets, from other companies | 960 € | 600 € | 3 115 € | 60 € | 0 € | – |
| Interest expenses and other financial expenses for non-Group companies | 75 € | -18 € | -74 € | 0 € | -50 € | -452 € |
| Long-term receivables | 5 575 € | 5 575 € | 0 € | – | – | – |
| Other shares and similar rights of ownership | 233 t€ | 216 t€ | 156 t€ | 156 t€ | 124 t€ | 75 t€ |
| Short-term receivables | 14 t€ | 33 t€ | 75 t€ | 23 t€ | 43 t€ | 44 t€ |
| Liabilities | 382 t€ | 394 t€ | 530 t€ | 260 t€ | 261 t€ | 254 t€ |
| Wages and salaries | 76 t€ | -80 t€ | -97 t€ | -93 t€ | -80 t€ | -143 t€ |
| Services purchased | 353 t€ | -120 t€ | -631 t€ | -140 t€ | -267 t€ | -353 t€ |
| Other long-term receivables | 5 575 € | 5 575 € | 0 € | – | – | – |
| Other social security expenses | 1 230 € | -2 754 € | -8 090 € | -8 301 € | -7 265 € | -16 t€ |
| Tangible assets | 3 961 € | 5 216 € | 7 320 € | 9 695 € | 13 t€ | 17 t€ |
| Short-term accounts payable | 1 008 € | 17 t€ | 32 t€ | 1 825 € | 5 417 € | 3 054 € |
| Short-term accrued expenses and deferred income | 16 t€ | 6 836 € | 53 t€ | 12 t€ | 18 t€ | 18 t€ |
| Other short-term receivables | 8 248 € | 0 € | – | 0 € | 23 t€ | 23 t€ |
| Other interest and financial income from non-group companies | 18 t€ | 0 € | – | – | – | – |
| Other current liabilities | 3 765 € | 8 178 € | 41 t€ | 28 t€ | 13 t€ | 14 t€ |
| Other receivables (investments) | 4 950 € | 4 950 € | 4 950 € | 4 950 € | 4 950 € | 0 € |
| Purchases during the financial year | 44 t€ | -44 t€ | -120 t€ | -16 t€ | -23 t€ | -61 t€ |
| Short-term prepayments and accrued income | 5 206 € | 30 t€ | 736 € | 5 394 € | 2 514 € | 4 021 € |
| Machinery and equipment | 3 765 € | 5 020 € | 7 124 € | 9 499 € | 13 t€ | 17 t€ |
| Retained earnings | 300 t€ | 341 t€ | 165 t€ | 151 t€ | 145 t€ | 96 t€ |
| Land and water areas, Owned | 196 € | 196 € | 196 € | 196 € | 196 € | 196 € |
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, Rakennustoimisto Korpiniko Oy is in the upper half of the industry class construction of residential and non-residential buildings (5705 companies with taxable income; median 16 t€).
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
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