Kemas Oy is a limited company based in Kouvola, registered in 1993. In the financial year ending 30.4.2026, revenue was 9,8 M€ and operating profit 224 t€; equity ratio 56.0 %. Its taxable income in 2024 was 200 t€ and its income taxes 41 t€. Public buyers bought 24 t€ from it in 2022–2022; the largest buyer is Väylävirasto (Liikenne- ja viestintäministeriön hallinnonala).
Revenue 20269,8 M€+35 % on the previous year
Operating profit224 t€2,3 % of revenue
Net profit159 t€EBITDA -7 721 €
Equity ratio56,0 %quick ratio 1,56
Taxable income 2024200 t€
top quarter of its industry
Income taxes 202441 t€307 t€ in 2020–2024
In business33 yrsregistered 1.9.1993
Sales to public buyers24 t€2022–2022
Financials
RevenueOperating profitNet profit
| Key figures | 30.4.2026 | 30.4.2025 | 30.4.2024 |
|---|---|---|---|
| Revenue | 9,8 M€ | 7,3 M€ | 9,2 M€ |
| Revenue change | 35,1 % | -20,9 % | – |
| EBITDA | -7 721 € | -129 t€ | -201 t€ |
| EBITDA % | -0,1 % | -1,8 % | -2,2 % |
| Operating profit | 224 t€ | 118 t€ | 126 t€ |
| Operating margin | 2,3 % | 1,6 % | 1,4 % |
| Net profit | 159 t€ | 74 t€ | 82 t€ |
| Personnel costs | -1,2 M€ | -1,2 M€ | -1,8 M€ |
| Equity ratio | 56,0 % | 67,0 % | 60,6 % |
| Quick ratio | 1,56 | 1,60 | 1,94 |
| Current ratio | 1,63 | 2,02 | 2,03 |
| Debt to revenue | 15,8 % | 13,2 % | 13,8 % |
| Return on equity | 8,1 % | 3,8 % | 4,2 % |
| Balance sheet total | 3,5 M€ | 2,9 M€ | 3,2 M€ |
| Equity | 2,0 M€ | 1,9 M€ | 2,0 M€ |
| Cash and bank | 112 t€ | 224 t€ | 692 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 30.4.2026 | 30.4.2025 | 30.4.2024 | |
|---|---|---|---|
| Turnover | 9,8 M€ | 7,3 M€ | 9,2 M€ |
| Raw materials and services | 6,1 M€ | 4,1 M€ | 5,1 M€ |
| Personnel expenses | 1,2 M€ | 1,2 M€ | 1,8 M€ |
| Depreciations and reductions in value | 232 t€ | 247 t€ | 327 t€ |
| Other operating expenses | 1,9 M€ | 1,7 M€ | 1,8 M€ |
| Operating profit (loss) | 224 t€ | 118 t€ | 126 t€ |
| Financial income and expenses + (-) | 8 954 € | 5 476 € | 8 695 € |
| Profit (loss) before appropriations and taxes | 215 t€ | 112 t€ | 118 t€ |
| Income taxes | 50 t€ | 31 t€ | 36 t€ |
| Profit (loss) for the financial year | 159 t€ | 74 t€ | 82 t€ |
Balance sheet
| 30.4.2026 | 30.4.2025 | 30.4.2024 | |
|---|---|---|---|
| Non-current assets | 1,1 M€ | 1,2 M€ | 646 t€ |
| Stocks | 99 t€ | 367 t€ | 114 t€ |
| Receivables | 2,2 M€ | 1,2 M€ | 1,8 M€ |
| Cash in hand and at banks | 112 t€ | 224 t€ | 692 t€ |
| Current assets | 2,4 M€ | 1,8 M€ | 2,6 M€ |
| Assets | 3,5 M€ | 2,9 M€ | 3,2 M€ |
| Share capital or other similar capital | 8 000 € | 8 000 € | 8 000 € |
| Capital and reserves | 2,0 M€ | 1,9 M€ | 2,0 M€ |
| Appropriations | 14 t€ | 7 183 € | 0 € |
| Long-term liabilities | 55 t€ | 89 t€ | 0 € |
| Short-term liabilities | 1,5 M€ | 872 t€ | 1,3 M€ |
| Liabilities | 1,5 M€ | 960 t€ | 1,3 M€ |
All financial statement items (57)
| 30.4.2026 | 30.4.2025 | 30.4.2024 | |
|---|---|---|---|
| Turnover | 9,8 M€ | 7,3 M€ | 9,2 M€ |
| Raw materials and services | 6,1 M€ | 4,1 M€ | 5,1 M€ |
| Personnel expenses | 1,2 M€ | 1,2 M€ | 1,8 M€ |
| Depreciations and reductions in value | 232 t€ | 247 t€ | 327 t€ |
| Other operating expenses | 1,9 M€ | 1,7 M€ | 1,8 M€ |
| Operating profit (loss) | 224 t€ | 118 t€ | 126 t€ |
| Financial income and expenses + (-) | 8 954 € | 5 476 € | 8 695 € |
| Profit (loss) before appropriations and taxes | 215 t€ | 112 t€ | 118 t€ |
| Income taxes | 50 t€ | 31 t€ | 36 t€ |
| Profit (loss) for the financial year | 159 t€ | 74 t€ | 82 t€ |
| Non-current assets | 1,1 M€ | 1,2 M€ | 646 t€ |
| Stocks | 99 t€ | 367 t€ | 114 t€ |
| Receivables | 2,2 M€ | 1,2 M€ | 1,8 M€ |
| Cash in hand and at banks | 112 t€ | 224 t€ | 692 t€ |
| Current assets | 2,4 M€ | 1,8 M€ | 2,6 M€ |
| Assets | 3,5 M€ | 2,9 M€ | 3,2 M€ |
| Share capital or other similar capital | 8 000 € | 8 000 € | 8 000 € |
| Capital and reserves | 2,0 M€ | 1,9 M€ | 2,0 M€ |
| Appropriations | 14 t€ | 7 183 € | 0 € |
| Long-term liabilities | 55 t€ | 89 t€ | 0 € |
| Short-term liabilities | 1,5 M€ | 872 t€ | 1,3 M€ |
| Liabilities | 1,5 M€ | 960 t€ | 1,3 M€ |
| Other receivables (investments) | 380 t€ | 370 t€ | 0 € |
| Work in progress | 9 272 € | 117 t€ | 3 978 € |
| Inventory increase (+) or decrease (-) | 159 t€ | -139 t€ | -62 t€ |
| Short-term sales receivables | 2,1 M€ | 1,0 M€ | 1,7 M€ |
| Materials and supplies | 90 t€ | 249 t€ | 110 t€ |
| Short-term prepayments and accrued income | 48 t€ | 77 t€ | 25 t€ |
| Change in stocks of products + (-) | -108 t€ | 113 t€ | -792 € |
| Purchases during the financial year | 1,0 M€ | 1,1 M€ | 1,2 M€ |
| Tangible assets | 654 t€ | 718 t€ | 646 t€ |
| Intangible assets | 49 t€ | 65 t€ | 0 € |
| Retained earnings | 1,8 M€ | 1,9 M€ | 1,9 M€ |
| Other current liabilities | 133 t€ | 162 t€ | 352 t€ |
| Other interest and financial income from non-group companies | 2 740 € | 3 350 € | 544 € |
| Depreciation difference | 14 t€ | 7 183 € | 0 € |
| Liabilities | 3,5 M€ | 2,9 M€ | 3,2 M€ |
| Other social security expenses | 47 t€ | -24 t€ | 108 t€ |
| Services purchased | 4,9 M€ | 3,2 M€ | 4,0 M€ |
| Other intangible assets | 49 t€ | 65 t€ | 0 € |
| Short-term loan receivables | 4 193 € | 14 t€ | 5 908 € |
| Increase (decrease) in deprecation difference | 6 558 € | 7 183 € | 0 € |
| Interest expenses and other financial expenses for non-Group companies | 12 t€ | 8 826 € | 9 239 € |
| Long-term accounts payable | 5 726 € | 19 t€ | 0 € |
| Other tangible assets | 22 t€ | 28 t€ | 17 t€ |
| Investments | 380 t€ | 370 t€ | 0 € |
| Short-term accounts payable | 1,1 M€ | 441 t€ | 632 t€ |
| Profit (loss) for the period, equity | 159 t€ | 74 t€ | 82 t€ |
| Depreciations according to plan | 232 t€ | 247 t€ | 327 t€ |
| Pension expenses | 231 t€ | 183 t€ | 367 t€ |
| Machinery and equipment | 631 t€ | 690 t€ | 629 t€ |
| Long-term liabilities to credit institutions | 49 t€ | 69 t€ | 0 € |
| Other short-term receivables | 26 t€ | 58 t€ | 64 t€ |
| Short-term receivables | 2,2 M€ | 1,2 M€ | 1,8 M€ |
| Wages and salaries | 959 t€ | 1,1 M€ | 1,3 M€ |
| Short-term accrued expenses and deferred income | 263 t€ | 248 t€ | 286 t€ |
| Short-term liabilities to credit institutions | 20 t€ | 20 t€ | 0 € |
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, Kemas Oy is in the top quarter of the industry class manufacture of other fabricated metal products n.e.c. (400 companies with taxable income; median 53 t€, 3,8 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
Follow companies in your area
New companies, bankruptcies and changes of CEO and property manager in the areas and industries you choose, by email. 14-day free trial, cancel any time.
Try for free