HP insinöörit Oy is a limited company based in Helsinki, registered in 1989. In the financial year ending 31.12.2025, revenue was 647 t€ and operating profit 53 t€; equity ratio 77.3 %. Its taxable income in 2024 was 93 t€ and its income taxes 19 t€. Public buyers bought 389 t€ from it in 2022–2026; the largest buyer is Suomenlinnan hoitokunta (Opetus- ja kulttuuriministeriön hallinnonala).
Revenue 2025647 t€+6 % on the previous year
Operating profit53 t€8,2 % of revenue
Net profit43 t€EBITDA 49 t€
Equity ratio77,3 %quick ratio 4,09
Taxable income 202493 t€
top quarter of its industry
Income taxes 202419 t€113 t€ in 2020–2024
In business37 yrsregistered 12.7.1989
Sales to public buyers389 t€2022–2026
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 | 647 t€ | 608 t€ | 628 t€ | 649 t€ | 667 t€ | 644 t€ |
| Revenue change | 6,4 % | -3,1 % | -3,2 % | -2,8 % | 3,6 % | – |
| EBITDA | 49 t€ | 97 t€ | 99 t€ | 78 t€ | 139 t€ | 181 t€ |
| EBITDA % | 7,6 % | 16,0 % | 15,9 % | 12,0 % | 20,9 % | 28,1 % |
| Operating profit | 53 t€ | 92 t€ | 94 t€ | 70 t€ | 129 t€ | 170 t€ |
| Operating margin | 8,2 % | 15,1 % | 14,9 % | 10,8 % | 19,3 % | 26,5 % |
| Net profit | 43 t€ | 74 t€ | 82 t€ | 49 t€ | 103 t€ | 136 t€ |
| Personnel costs | -446 t€ | 412 t€ | 417 t€ | 425 t€ | 411 t€ | 366 t€ |
| Equity ratio | 77,3 % | 83,2 % | 78,5 % | 70,7 % | 74,7 % | 68,6 % |
| Quick ratio | 4,09 | 5,45 | 4,24 | 4,10 | 3,57 | 2,80 |
| Current ratio | 4,09 | 5,45 | 4,24 | 4,10 | 3,57 | 2,80 |
| Debt to revenue | 18,3 % | 13,3 % | 16,6 % | 15,5 % | 16,7 % | 17,4 % |
| Return on equity | 10,7 % | 18,5 % | 21,5 % | 15,0 % | 31,4 % | 55,6 % |
| Balance sheet total | 522 t€ | 481 t€ | 484 t€ | 463 t€ | 440 t€ | 357 t€ |
| Equity | 403 t€ | 400 t€ | 380 t€ | 328 t€ | 329 t€ | 245 t€ |
| Cash and bank | 342 t€ | 279 t€ | 221 t€ | 153 t€ | 242 t€ | 143 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 | 647 t€ | 608 t€ | 628 t€ | 649 t€ | 667 t€ | 644 t€ |
| Other operating income | – | 0 € | 347 t€ | 0 € | – | – |
| Raw materials and services | 38 t€ | -2 999 € | -11 t€ | -7 701 € | -9 829 € | -1 935 € |
| Personnel expenses | 446 t€ | -412 t€ | -417 t€ | -425 t€ | -411 t€ | -366 t€ |
| Depreciations and reductions in value | 3 881 € | -5 175 € | -5 917 € | -7 889 € | -11 t€ | -11 t€ |
| Other operating expenses | 107 t€ | -96 t€ | -447 t€ | -138 t€ | -107 t€ | -95 t€ |
| Operating profit (loss) | 53 t€ | 92 t€ | 94 t€ | 70 t€ | 129 t€ | 170 t€ |
| Financial income and expenses + (-) | -1 268 € | 915 € | -9 € | -53 € | -30 € | -9 € |
| Profit (loss) before appropriations and taxes | 54 t€ | 93 t€ | 94 t€ | 70 t€ | 129 t€ | 170 t€ |
| Income taxes | 11 t€ | -19 t€ | -12 t€ | -21 t€ | -26 t€ | -34 t€ |
| Profit (loss) for the financial year | 43 t€ | 74 t€ | 82 t€ | 49 t€ | 103 t€ | 136 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Non-current assets | 38 t€ | 42 t€ | 44 t€ | 50 t€ | 43 t€ | 43 t€ |
| Receivables | 142 t€ | 160 t€ | 219 t€ | 260 t€ | 155 t€ | 172 t€ |
| Cash in hand and at banks | 342 t€ | 279 t€ | 221 t€ | 153 t€ | 242 t€ | 143 t€ |
| Current assets | 484 t€ | 439 t€ | 441 t€ | 414 t€ | 397 t€ | 314 t€ |
| Assets | 522 t€ | 481 t€ | 484 t€ | 463 t€ | 440 t€ | 357 t€ |
| Share capital or other similar capital | 8 000 € | 8 000 € | 8 000 € | 8 000 € | 8 000 € | 8 000 € |
| Capital and reserves | 403 t€ | 400 t€ | 380 t€ | 328 t€ | 329 t€ | 245 t€ |
| Short-term liabilities | 118 t€ | 81 t€ | 104 t€ | 101 t€ | 111 t€ | 112 t€ |
| Liabilities | 118 t€ | 81 t€ | 104 t€ | 101 t€ | 111 t€ | 112 t€ |
All financial statement items (45)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 647 t€ | 608 t€ | 628 t€ | 649 t€ | 667 t€ | 644 t€ |
| Other operating income | – | 0 € | 347 t€ | 0 € | – | – |
| Raw materials and services | 38 t€ | -2 999 € | -11 t€ | -7 701 € | -9 829 € | -1 935 € |
| Personnel expenses | 446 t€ | -412 t€ | -417 t€ | -425 t€ | -411 t€ | -366 t€ |
| Depreciations and reductions in value | 3 881 € | -5 175 € | -5 917 € | -7 889 € | -11 t€ | -11 t€ |
| Other operating expenses | 107 t€ | -96 t€ | -447 t€ | -138 t€ | -107 t€ | -95 t€ |
| Operating profit (loss) | 53 t€ | 92 t€ | 94 t€ | 70 t€ | 129 t€ | 170 t€ |
| Financial income and expenses + (-) | -1 268 € | 915 € | -9 € | -53 € | -30 € | -9 € |
| Profit (loss) before appropriations and taxes | 54 t€ | 93 t€ | 94 t€ | 70 t€ | 129 t€ | 170 t€ |
| Income taxes | 11 t€ | -19 t€ | -12 t€ | -21 t€ | -26 t€ | -34 t€ |
| Profit (loss) for the financial year | 43 t€ | 74 t€ | 82 t€ | 49 t€ | 103 t€ | 136 t€ |
| Non-current assets | 38 t€ | 42 t€ | 44 t€ | 50 t€ | 43 t€ | 43 t€ |
| Receivables | 142 t€ | 160 t€ | 219 t€ | 260 t€ | 155 t€ | 172 t€ |
| Cash in hand and at banks | 342 t€ | 279 t€ | 221 t€ | 153 t€ | 242 t€ | 143 t€ |
| Current assets | 484 t€ | 439 t€ | 441 t€ | 414 t€ | 397 t€ | 314 t€ |
| Assets | 522 t€ | 481 t€ | 484 t€ | 463 t€ | 440 t€ | 357 t€ |
| Share capital or other similar capital | 8 000 € | 8 000 € | 8 000 € | 8 000 € | 8 000 € | 8 000 € |
| Capital and reserves | 403 t€ | 400 t€ | 380 t€ | 328 t€ | 329 t€ | 245 t€ |
| Short-term liabilities | 118 t€ | 81 t€ | 104 t€ | 101 t€ | 111 t€ | 112 t€ |
| Liabilities | 118 t€ | 81 t€ | 104 t€ | 101 t€ | 111 t€ | 112 t€ |
| Pension expenses | 57 t€ | -58 t€ | -61 t€ | -60 t€ | -50 t€ | -41 t€ |
| Depreciations according to plan | 3 881 € | -5 175 € | -5 917 € | -7 889 € | -11 t€ | -11 t€ |
| Other long-term receivables | 7 000 € | 7 000 € | 7 000 € | 7 000 € | 7 000 € | 7 000 € |
| Tangible assets | 12 t€ | 16 t€ | 18 t€ | 24 t€ | 32 t€ | 32 t€ |
| Retained earnings | 352 t€ | 318 t€ | 291 t€ | 271 t€ | 218 t€ | 101 t€ |
| Short-term receivables | 135 t€ | 153 t€ | 212 t€ | 253 t€ | 148 t€ | 165 t€ |
| Other current liabilities | 48 t€ | 34 t€ | 40 t€ | 40 t€ | 46 t€ | 48 t€ |
| Short-term sales receivables | 134 t€ | 149 t€ | 197 t€ | 238 t€ | 145 t€ | 162 t€ |
| Short-term prepayments and accrued income | 1 387 € | 4 073 € | 15 t€ | 15 t€ | 2 749 € | 2 782 € |
| Other interest and financial income from non-group companies | 1 358 € | 969 € | 1 € | 3 € | 0 € | 8 € |
| Interest expenses and other financial expenses for non-Group companies | 89 € | -55 € | -10 € | -56 € | -30 € | -18 € |
| Short-term accounts payable | 19 t€ | 7 531 € | 18 t€ | 16 t€ | 12 t€ | 5 117 € |
| Other mandatory provisions | – | – | 0 € | 35 t€ | 0 € | – |
| Long-term receivables | 7 000 € | 7 000 € | 7 000 € | 7 000 € | 7 000 € | 7 000 € |
| Short-term accrued expenses and deferred income | 51 t€ | 40 t€ | 47 t€ | 45 t€ | 53 t€ | 59 t€ |
| Profit (loss) for the period, equity | 43 t€ | 74 t€ | 82 t€ | 49 t€ | 103 t€ | 136 t€ |
| Investments | 26 t€ | 26 t€ | 26 t€ | 26 t€ | 11 t€ | 11 t€ |
| Other social security expenses | 11 t€ | -8 197 € | -10 t€ | -8 572 € | -7 860 € | -5 829 € |
| Purchases during the financial year | 442 € | -144 € | -336 € | -170 € | -767 € | -405 € |
| Other short-term receivables | 0 € | 1 € | 2 € | 2 € | 0 € | 0 € |
| Services purchased | 37 t€ | -2 856 € | -10 t€ | -7 531 € | -9 062 € | -1 530 € |
| Wages and salaries | 377 t€ | -346 t€ | -345 t€ | -357 t€ | -353 t€ | -320 t€ |
| Liabilities | 522 t€ | 481 t€ | 484 t€ | 463 t€ | 440 t€ | 357 t€ |
| Other shares and similar rights of ownership | 26 t€ | 26 t€ | 26 t€ | 26 t€ | 11 t€ | 11 t€ |
| Machinery and equipment | 12 t€ | 16 t€ | 18 t€ | 24 t€ | 32 t€ | 32 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
Measured by taxable income, HP insinöörit Oy is in the top quarter of the industry class structural engineering design and technical consultancy (399 companies with taxable income; median 24 t€, 3,9 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
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