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Suorsa Group Oy

Limited company. Site preparation.

Suorsa Group Oy is a limited company based in Kemi, registered in 1993. In the financial year ending 30.6.2025, revenue was 12,3 M€ and operating profit 140 t€; equity ratio 62.3 %. Its taxable income in 2024 was 724 t€ and its income taxes 147 t€. Public buyers bought 47,7 M€ from it in 2022–2026; the largest buyer is Väylävirasto (Liikenne- ja viestintäministeriön hallinnonala). It has won 1 public contracts in EU procurement notices.

Revenue 202512,3 M€+12 % on the previous year
Operating profit140 t€1,1 % of revenue
Net profit93 t€EBITDA -712 t€
Equity ratio62,3 %quick ratio 1,72
Taxable income 2024724 t€ top 10 % of its industry
Income taxes 2024147 t€1,2 M€ in 2020–2024
In business33 yrsregistered 12.5.1993
Sales to public buyers47,7 M€2022–2026
Contracts won1380 t€ in total

Financials

9,6 M€10,9 M€12,3 M€12,3 M€2,0 M€672 t€140 t€1,6 M€571 t€93 t€2023-062024-062025-06
RevenueOperating profitNet profit
Key figures30.6.202530.6.202430.6.2023
Revenue12,3 M€10,9 M€9,6 M€
Revenue change12,1 %14,4 %–
EBITDA-712 t€1,6 M€2,5 M€
EBITDA %-5,8 %14,2 %26,3 %
Operating profit140 t€672 t€2,0 M€
Operating margin1,1 %6,2 %21,1 %
Net profit93 t€571 t€1,6 M€
Personnel costs-2,6 M€2,0 M€1,1 M€
Equity ratio62,3 %70,4 %73,0 %
Quick ratio1,721,581,06
Current ratio1,721,581,06
Debt to revenue20,5 %17,0 %16,1 %
Return on equity2,2 %13,0 %38,8 %
Balance sheet total6,7 M€6,3 M€5,7 M€
Equity4,2 M€4,4 M€4,2 M€
Cash and bank356 t€281 t€208 t€

Balance sheet

5,7 M€6,3 M€6,7 M€6,7 M€4,2 M€4,4 M€4,2 M€208 t€281 t€356 t€2023-062024-062025-06
Balance sheet totalEquityCash
Income statement and balance sheet

Income statement

30.6.202530.6.202430.6.2023
Turnover12,3 M€10,9 M€9,6 M€
Other operating income–0 €8 473 €
Raw materials and services7,3 M€-6,2 M€-5,3 M€
Personnel expenses2,6 M€-2,0 M€-1,1 M€
Depreciations and reductions in value852 t€-878 t€-494 t€
Other operating expenses1,4 M€-1,2 M€-572 t€
Operating profit (loss)140 t€672 t€2,0 M€
Financial income and expenses + (-)21 t€44 t€8 819 €
Profit (loss) before appropriations and taxes119 t€716 t€2,0 M€
Income taxes26 t€-145 t€-406 t€
Profit (loss) for the financial year93 t€571 t€1,6 M€

Balance sheet

30.6.202530.6.202430.6.2023
Non-current assets3,7 M€4,1 M€4,4 M€
Receivables2,6 M€1,8 M€1,1 M€
Cash in hand and at banks356 t€281 t€208 t€
Current assets3,0 M€2,1 M€1,3 M€
Assets6,7 M€6,3 M€5,7 M€
Share capital or other similar capital37 t€37 t€37 t€
Capital and reserves4,2 M€4,4 M€4,2 M€
Long-term liabilities791 t€505 t€323 t€
Short-term liabilities1,7 M€1,4 M€1,2 M€
Liabilities2,5 M€1,9 M€1,5 M€
All financial statement items (54)
30.6.202530.6.202430.6.2023
Turnover12,3 M€10,9 M€9,6 M€
Other operating income–0 €8 473 €
Raw materials and services7,3 M€-6,2 M€-5,3 M€
Personnel expenses2,6 M€-2,0 M€-1,1 M€
Depreciations and reductions in value852 t€-878 t€-494 t€
Other operating expenses1,4 M€-1,2 M€-572 t€
Operating profit (loss)140 t€672 t€2,0 M€
Financial income and expenses + (-)21 t€44 t€8 819 €
Profit (loss) before appropriations and taxes119 t€716 t€2,0 M€
Income taxes26 t€-145 t€-406 t€
Profit (loss) for the financial year93 t€571 t€1,6 M€
Non-current assets3,7 M€4,1 M€4,4 M€
Receivables2,6 M€1,8 M€1,1 M€
Cash in hand and at banks356 t€281 t€208 t€
Current assets3,0 M€2,1 M€1,3 M€
Assets6,7 M€6,3 M€5,7 M€
Share capital or other similar capital37 t€37 t€37 t€
Capital and reserves4,2 M€4,4 M€4,2 M€
Long-term liabilities791 t€505 t€323 t€
Short-term liabilities1,7 M€1,4 M€1,2 M€
Liabilities2,5 M€1,9 M€1,5 M€
Buildings and structures, Owned11 t€11 t€11 t€
Purchases during the financial year2,2 M€-2,1 M€-2,6 M€
Short-term receivables2,6 M€1,8 M€1,1 M€
Advance payments and construction in progress0 €56 t€0 €
Other short-term receivables17 t€10 t€500 €
Current receivables from Group companies6 €6 €0 €
Profit (loss) for the period, equity93 t€571 t€1,6 M€
Short-term loan receivables–0 €6 664 €
Tangible assets1,8 M€1,8 M€835 t€
Intangible rights358 €358 €358 €
Short-term accrued expenses and deferred income407 t€263 t€364 t€
Interest expenses and other financial expenses for non-Group companies64 t€-30 t€-18 t€
Long-term liabilities to credit institutions372 t€0 €–
Other shares and similar rights of ownership1,9 M€2,4 M€3,6 M€
Other social security expenses149 t€-86 t€-49 t€
Short-term sales receivables2,5 M€1,6 M€1,0 M€
Income from other investments under non-current assets, from other companies31 t€56 t€13 t€
Depreciations according to plan852 t€-878 t€-494 t€
Other current liabilities380 t€274 t€148 t€
Short-term accounts payable553 t€502 t€450 t€
Retained earnings4,0 M€3,8 M€2,5 M€
Machinery and equipment1,8 M€1,7 M€821 t€
Wages and salaries2,1 M€-1,6 M€-958 t€
Other interest and financial income from non-group companies11 t€17 t€14 t€
Land and water areas, Owned3 762 €2 974 €2 974 €
Short-term liabilities to credit institutions382 t€311 t€254 t€
Intangible assets358 €358 €358 €
Investments1,9 M€2,4 M€3,6 M€
Pension expenses381 t€-298 t€-127 t€
Services purchased5,1 M€-4,1 M€-2,7 M€
Liabilities6,7 M€6,3 M€5,7 M€
Short-term prepayments and accrued income116 t€282 t€46 t€
Long-term accounts payable419 t€505 t€323 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

771 t€1,1 M€1,1 M€2,0 M€724 t€724 t€20202021202220232024

Measured by taxable income, Suorsa Group Oy is in the top 10 % of the industry class site preparation (1576 companies with taxable income; median 36 t€, 20 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

8,5 M€6,3 M€11,1 M€11,7 M€10,0 M€10,0 M€20222023202420252026

Largest buyers

  • Väylävirasto Liikenne- ja viestintäministeriön hallinnonala47,7 M€

Public contracts won

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