M & T Laihorinne Oy is a limited company based in Evijärvi, registered in 1996. In the financial year ending 31.12.2025, revenue was 971 t€ and operating profit 108 t€; equity ratio 62.3 %. Public buyers bought 2 042 € from it in 2024–2024; the largest buyer is Luonnonvarakeskus (Maa- ja metsätalousministeriön hallinnonala).
Financials
| Key figures | 31.12.2025 | 31.12.2024 |
|---|---|---|
| Revenue | 971 t€ | 427 t€ |
| Revenue change | 127,4 % | – |
| EBITDA | 92 t€ | -129 t€ |
| EBITDA % | 9,5 % | -30,3 % |
| Operating profit | 108 t€ | -109 t€ |
| Operating margin | 11,1 % | -25,5 % |
| Net profit | 104 t€ | -114 t€ |
| Personnel costs | -104 t€ | -114 t€ |
| Equity ratio | 62,3 % | 50,3 % |
| Quick ratio | 1,13 | 0,69 |
| Current ratio | 1,66 | 1,14 |
| Debt to revenue | 11,3 % | 19,3 % |
| Return on equity | 57,6 % | -136,4 % |
| Balance sheet total | 384 t€ | 242 t€ |
| Equity | 181 t€ | 84 t€ |
| Cash and bank | 81 t€ | 66 t€ |
Balance sheet
Income statement and balance sheet
Income statement
| 31.12.2025 | 31.12.2024 | |
|---|---|---|
| Turnover | 971 t€ | 427 t€ |
| Other operating income | 7 027 € | 4 677 € |
| Raw materials and services | 639 t€ | 288 t€ |
| Personnel expenses | 104 t€ | 114 t€ |
| Depreciations and reductions in value | 16 t€ | 20 t€ |
| Other operating expenses | 111 t€ | 118 t€ |
| Operating profit (loss) | 108 t€ | -109 t€ |
| Financial income and expenses + (-) | 3 647 € | 5 139 € |
| Profit (loss) before appropriations and taxes | 104 t€ | -114 t€ |
| Profit (loss) for the financial year | 104 t€ | -114 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | |
|---|---|---|
| Non-current assets | 48 t€ | 62 t€ |
| Stocks | 107 t€ | 71 t€ |
| Receivables | 148 t€ | 43 t€ |
| Cash in hand and at banks | 81 t€ | 66 t€ |
| Current assets | 335 t€ | 180 t€ |
| Assets | 384 t€ | 242 t€ |
| Share capital or other similar capital | 2 523 € | 2 523 € |
| Capital and reserves | 181 t€ | 84 t€ |
| Short-term liabilities | 202 t€ | 158 t€ |
| Liabilities | 202 t€ | 158 t€ |
All financial statement items (45)
| 31.12.2025 | 31.12.2024 | |
|---|---|---|
| Turnover | 971 t€ | 427 t€ |
| Other operating income | 7 027 € | 4 677 € |
| Raw materials and services | 639 t€ | 288 t€ |
| Personnel expenses | 104 t€ | 114 t€ |
| Depreciations and reductions in value | 16 t€ | 20 t€ |
| Other operating expenses | 111 t€ | 118 t€ |
| Operating profit (loss) | 108 t€ | -109 t€ |
| Financial income and expenses + (-) | 3 647 € | 5 139 € |
| Profit (loss) before appropriations and taxes | 104 t€ | -114 t€ |
| Profit (loss) for the financial year | 104 t€ | -114 t€ |
| Non-current assets | 48 t€ | 62 t€ |
| Stocks | 107 t€ | 71 t€ |
| Receivables | 148 t€ | 43 t€ |
| Cash in hand and at banks | 81 t€ | 66 t€ |
| Current assets | 335 t€ | 180 t€ |
| Assets | 384 t€ | 242 t€ |
| Share capital or other similar capital | 2 523 € | 2 523 € |
| Capital and reserves | 181 t€ | 84 t€ |
| Short-term liabilities | 202 t€ | 158 t€ |
| Liabilities | 202 t€ | 158 t€ |
| Other tangible assets | 3 274 € | 4 092 € |
| Depreciations according to plan | 16 t€ | 20 t€ |
| Short-term sales receivables | 137 t€ | 18 t€ |
| Pension expenses | 11 t€ | 13 t€ |
| Profit (loss) for the period, equity | 104 t€ | -114 t€ |
| Interest expenses and other financial expenses for non-Group companies | 3 945 € | 5 385 € |
| Short-term liabilities to credit institutions | 0 € | 50 t€ |
| Finished products | 107 t€ | 71 t€ |
| Short-term receivables | 148 t€ | 43 t€ |
| Liabilities | 384 t€ | 242 t€ |
| Inventory increase (+) or decrease (-) | -35 t€ | 30 t€ |
| Wages and salaries | 91 t€ | 96 t€ |
| Services purchased | 93 t€ | 28 t€ |
| Short-term advances received | 92 t€ | 76 t€ |
| Other social security expenses | 2 256 € | 4 302 € |
| Tangible assets | 48 t€ | 62 t€ |
| Short-term accounts payable | 19 t€ | 6 801 € |
| Short-term accrued expenses and deferred income | 4 002 € | 6 001 € |
| Other short-term receivables | 4 677 € | 0 € |
| Other interest and financial income from non-group companies | 298 € | 245 € |
| Other current liabilities | 87 t€ | 20 t€ |
| Purchases during the financial year | 581 t€ | 230 t€ |
| Short-term prepayments and accrued income | 6 030 € | 25 t€ |
| Machinery and equipment | 45 t€ | 58 t€ |
| Retained earnings | 74 t€ | 195 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
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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