Ab Hamec Oy is a limited company based in Mustasaari, registered in 1992. In the financial year ending 31.12.2024, revenue was 106 t€ and operating profit 17 t€; equity ratio 83.7 %. Its taxable income in 2024 was 17 t€ and its income taxes 3 340 €. Public buyers bought 668 € from it in 2022–2022; the largest buyer is Työllisyys, kehittämis- ja hallintokeskus (Työ- ja elinkeinoministeriön hallinnonala).
Financials
| Key figures | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 |
|---|---|---|---|---|
| Revenue | 106 t€ | 246 t€ | 404 t€ | 403 t€ |
| Revenue change | -57,1 % | -39,1 % | 0,3 % | – |
| EBITDA | 19 t€ | 38 t€ | 100 t€ | 46 t€ |
| EBITDA % | 18,0 % | 15,3 % | 24,6 % | 11,4 % |
| Operating profit | 17 t€ | 35 t€ | 96 t€ | 41 t€ |
| Operating margin | 15,9 % | 14,1 % | 23,7 % | 10,2 % |
| Net profit | 11 t€ | 28 t€ | 77 t€ | 33 t€ |
| Personnel costs | -2 335 € | 39 t€ | 108 t€ | 96 t€ |
| Equity ratio | 83,7 % | 83,2 % | 77,4 % | 73,3 % |
| Quick ratio | 5,15 | 4,63 | 2,84 | 2,54 |
| Current ratio | 6,00 | 5,79 | 4,27 | 3,55 |
| Debt to revenue | 68,5 % | 32,2 % | 26,4 % | 26,1 % |
| Return on equity | 3,0 % | 7,0 % | 21,0 % | 11,3 % |
| Balance sheet total | 445 t€ | 472 t€ | 472 t€ | 394 t€ |
| Equity | 373 t€ | 393 t€ | 365 t€ | 289 t€ |
| Cash and bank | 363 t€ | 357 t€ | 291 t€ | 245 t€ |
Balance sheet
Income statement and balance sheet
Income statement
| 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|---|
| Turnover | 106 t€ | 246 t€ | 404 t€ | 403 t€ |
| Raw materials and services | -73 t€ | -152 t€ | -176 t€ | -240 t€ |
| Personnel expenses | 2 335 € | -39 t€ | -108 t€ | -96 t€ |
| Depreciations and reductions in value | -2 237 € | -2 886 € | -3 744 € | -4 880 € |
| Other operating expenses | -16 t€ | -18 t€ | -21 t€ | -21 t€ |
| Operating profit (loss) | 17 t€ | 35 t€ | 96 t€ | 41 t€ |
| Financial income and expenses + (-) | -194 € | -299 € | -4 € | -36 € |
| Profit (loss) before appropriations and taxes | 17 t€ | 34 t€ | 96 t€ | 41 t€ |
| Income taxes | -5 237 € | -6 943 € | -19 t€ | -8 253 € |
| Profit (loss) for the financial year | 11 t€ | 28 t€ | 77 t€ | 33 t€ |
Balance sheet
| 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|---|
| Non-current assets | 11 t€ | 13 t€ | 16 t€ | 20 t€ |
| Stocks | 62 t€ | 92 t€ | 153 t€ | 107 t€ |
| Receivables | 4 660 € | 5 524 € | 7 160 € | 18 t€ |
| Cash in hand and at banks | 363 t€ | 357 t€ | 291 t€ | 245 t€ |
| Current assets | 434 t€ | 459 t€ | 456 t€ | 374 t€ |
| Assets | 445 t€ | 472 t€ | 472 t€ | 394 t€ |
| Share capital or other similar capital | 8 577 € | 8 577 € | 8 577 € | 8 577 € |
| Capital and reserves | 373 t€ | 393 t€ | 365 t€ | 289 t€ |
| Short-term liabilities | 72 t€ | 79 t€ | 107 t€ | 105 t€ |
| Liabilities | 72 t€ | 79 t€ | 107 t€ | 105 t€ |
All financial statement items (49)
| 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|---|
| Turnover | 106 t€ | 246 t€ | 404 t€ | 403 t€ |
| Raw materials and services | -73 t€ | -152 t€ | -176 t€ | -240 t€ |
| Personnel expenses | 2 335 € | -39 t€ | -108 t€ | -96 t€ |
| Depreciations and reductions in value | -2 237 € | -2 886 € | -3 744 € | -4 880 € |
| Other operating expenses | -16 t€ | -18 t€ | -21 t€ | -21 t€ |
| Operating profit (loss) | 17 t€ | 35 t€ | 96 t€ | 41 t€ |
| Financial income and expenses + (-) | -194 € | -299 € | -4 € | -36 € |
| Profit (loss) before appropriations and taxes | 17 t€ | 34 t€ | 96 t€ | 41 t€ |
| Income taxes | -5 237 € | -6 943 € | -19 t€ | -8 253 € |
| Profit (loss) for the financial year | 11 t€ | 28 t€ | 77 t€ | 33 t€ |
| Non-current assets | 11 t€ | 13 t€ | 16 t€ | 20 t€ |
| Stocks | 62 t€ | 92 t€ | 153 t€ | 107 t€ |
| Receivables | 4 660 € | 5 524 € | 7 160 € | 18 t€ |
| Cash in hand and at banks | 363 t€ | 357 t€ | 291 t€ | 245 t€ |
| Current assets | 434 t€ | 459 t€ | 456 t€ | 374 t€ |
| Assets | 445 t€ | 472 t€ | 472 t€ | 394 t€ |
| Share capital or other similar capital | 8 577 € | 8 577 € | 8 577 € | 8 577 € |
| Capital and reserves | 373 t€ | 393 t€ | 365 t€ | 289 t€ |
| Short-term liabilities | 72 t€ | 79 t€ | 107 t€ | 105 t€ |
| Liabilities | 72 t€ | 79 t€ | 107 t€ | 105 t€ |
| Other current liabilities | 68 t€ | 66 t€ | 70 t€ | 68 t€ |
| Wages and salaries | 0 € | -34 t€ | -99 t€ | -85 t€ |
| Income from other investments under non-current assets, from other companies | – | 0 € | 110 € | 540 € |
| Short-term advances received | – | 0 € | 172 € | 0 € |
| Inventory increase (+) or decrease (-) | -30 t€ | -61 t€ | 46 t€ | 0 € |
| Pension expenses | -111 € | -1 729 € | -6 409 € | -5 506 € |
| Tangible assets | 11 t€ | 13 t€ | 16 t€ | 19 t€ |
| Depreciations according to plan | -2 237 € | -2 886 € | -3 744 € | -4 880 € |
| Liabilities | 445 t€ | 472 t€ | 472 t€ | 394 t€ |
| Other short-term receivables | 0 € | 495 € | 2 252 € | 10 t€ |
| Investments | 362 € | 362 € | 362 € | 362 € |
| Other social security expenses | 2 446 € | -2 516 € | -3 259 € | -4 869 € |
| Buildings and structures, Owned | 4 984 € | 5 359 € | 5 763 € | 6 196 € |
| Profit (loss) for the period, equity | 11 t€ | 28 t€ | 77 t€ | 33 t€ |
| Other shares, financial securities | 4 650 € | 4 650 € | 4 650 € | 4 650 € |
| Services purchased | 0 € | -674 € | -16 t€ | -22 t€ |
| Retained earnings | 353 t€ | 357 t€ | 280 t€ | 247 t€ |
| Purchases during the financial year | -43 t€ | -91 t€ | -206 t€ | -218 t€ |
| Finished products | 62 t€ | 92 t€ | 153 t€ | 107 t€ |
| Short-term prepayments and accrued income | 4 660 € | 2 602 € | 1 296 € | 2 923 € |
| Other interest and financial income from non-group companies | 97 € | 17 € | 17 € | 1 € |
| Other shares and similar rights of ownership | 362 € | 362 € | 362 € | 362 € |
| Short-term accrued expenses and deferred income | 4 597 € | 10 t€ | 31 t€ | 13 t€ |
| Shares and holdings | 4 650 € | 4 650 € | 4 650 € | 4 650 € |
| Short-term sales receivables | 0 € | 2 427 € | 3 612 € | 4 586 € |
| Short-term receivables | 4 660 € | 5 524 € | 7 160 € | 18 t€ |
| Interest expenses and other financial expenses for non-Group companies | -291 € | -315 € | -131 € | -578 € |
| Machinery and equipment | 5 586 € | 7 449 € | 9 932 € | 13 t€ |
| Short-term accounts payable | 0 € | 2 991 € | 5 336 € | 24 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, Ab Hamec Oy is in the lower half of the industry class manufacture of metal structures and parts of structures (533 companies with taxable income; median 42 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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