Kuljetus N & M Oy is a limited company based in Lahti, registered in 1998. In the financial year ending 31.3.2025, revenue was 893 t€ and operating profit 3 257 €; equity ratio 74.9 %. Its taxable income in 2024 was 83 t€ and its income taxes 17 t€. Latest Trade Register entry: merger or demerger, 8.9.2026.
Revenue 2025893 t€-29 % on the previous year
Operating profit3 257 €0,4 % of revenue
Net profit2 055 €EBITDA 70 t€
Equity ratio74,9 %quick ratio 2,33
Taxable income 202483 t€
upper half of its industry
Income taxes 202417 t€86 t€ in 2020–2024
In business28 yrsregistered 11.5.1998
Trade Register1entries, latest: merger or demerger
Financials
RevenueOperating profitNet profit
| Key figures | 31.3.2025 | 31.3.2024 | 31.3.2023 | 31.3.2022 | 31.3.2020 | 31.3.2019 |
|---|---|---|---|---|---|---|
| Revenue | 893 t€ | 1,3 M€ | 1,6 M€ | 1,4 M€ | 1,6 M€ | 1,6 M€ |
| Revenue change | -29,0 % | -20,0 % | 15,3 % | -13,5 % | -1,2 % | – |
| EBITDA | 70 t€ | 176 t€ | 281 t€ | 197 t€ | 329 t€ | 269 t€ |
| EBITDA % | 7,8 % | 14,0 % | 17,9 % | 14,4 % | 20,9 % | 16,8 % |
| Operating profit | 3 257 € | 84 t€ | 153 t€ | 46 t€ | 98 t€ | 76 t€ |
| Operating margin | 0,4 % | 6,7 % | 9,8 % | 3,4 % | 6,2 % | 4,8 % |
| Net profit | 2 055 € | 65 t€ | 119 t€ | 31 t€ | 67 t€ | 46 t€ |
| Personnel costs | 363 t€ | 446 t€ | 525 t€ | 493 t€ | 555 t€ | 588 t€ |
| Equity ratio | 74,9 % | 67,5 % | 53,0 % | 41,2 % | 28,5 % | 23,1 % |
| Quick ratio | 2,33 | 1,78 | 1,68 | 1,30 | 0,96 | 0,76 |
| Current ratio | 2,33 | 1,78 | 1,68 | 1,30 | 0,96 | 0,76 |
| Debt to revenue | 16,4 % | 17,9 % | 24,3 % | 35,3 % | 47,3 % | 51,9 % |
| Return on equity | 0,5 % | 13,8 % | 27,7 % | 9,3 % | 22,7 % | 18,7 % |
| Balance sheet total | 582 t€ | 694 t€ | 813 t€ | 820 t€ | 1,0 M€ | 1,1 M€ |
| Equity | 436 t€ | 468 t€ | 431 t€ | 338 t€ | 297 t€ | 248 t€ |
| Cash and bank | 215 t€ | 279 t€ | 357 t€ | 134 t€ | 171 t€ | 32 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.3.2025 | 31.3.2024 | 31.3.2023 | 31.3.2022 | 31.3.2020 | 31.3.2019 | |
|---|---|---|---|---|---|---|
| Turnover | 893 t€ | 1,3 M€ | 1,6 M€ | 1,4 M€ | 1,6 M€ | 1,6 M€ |
| Other operating income | 51 t€ | 0 € | 4 895 € | 1 944 € | 8 427 € | 10 t€ |
| Raw materials and services | -319 t€ | -452 t€ | -547 t€ | -379 t€ | -373 t€ | -425 t€ |
| Personnel expenses | -363 t€ | -446 t€ | -525 t€ | -493 t€ | -555 t€ | -588 t€ |
| Depreciations and reductions in value | -67 t€ | -93 t€ | -128 t€ | -151 t€ | -232 t€ | -193 t€ |
| Other operating expenses | -192 t€ | -185 t€ | -224 t€ | -297 t€ | -328 t€ | -323 t€ |
| Operating profit (loss) | 3 257 € | 84 t€ | 153 t€ | 46 t€ | 98 t€ | 76 t€ |
| Financial income and expenses + (-) | -567 € | -2 365 € | -4 489 € | -6 992 € | -13 t€ | -17 t€ |
| Profit (loss) before appropriations and taxes | 2 690 € | 81 t€ | 149 t€ | 39 t€ | 85 t€ | 59 t€ |
| Income taxes | -635 € | -17 t€ | -30 t€ | -7 962 € | -17 t€ | -12 t€ |
| Profit (loss) for the financial year | 2 055 € | 65 t€ | 119 t€ | 31 t€ | 67 t€ | 46 t€ |
Balance sheet
| 31.3.2025 | 31.3.2024 | 31.3.2023 | 31.3.2022 | 31.3.2020 | 31.3.2019 | |
|---|---|---|---|---|---|---|
| Non-current assets | 241 t€ | 300 t€ | 311 t€ | 296 t€ | 534 t€ | 609 t€ |
| Receivables | 125 t€ | 114 t€ | 144 t€ | 390 t€ | 338 t€ | 435 t€ |
| Cash in hand and at banks | 215 t€ | 279 t€ | 357 t€ | 134 t€ | 171 t€ | 32 t€ |
| Current assets | 340 t€ | 394 t€ | 502 t€ | 524 t€ | 510 t€ | 467 t€ |
| Assets | 582 t€ | 694 t€ | 813 t€ | 820 t€ | 1,0 M€ | 1,1 M€ |
| Share capital or other similar capital | 8 409 € | 8 409 € | 8 409 € | 8 409 € | – | – |
| Capital and reserves | 436 t€ | 468 t€ | 431 t€ | 338 t€ | 297 t€ | 248 t€ |
| Long-term liabilities | 0 € | 4 500 € | 83 t€ | 78 t€ | 213 t€ | 215 t€ |
| Short-term liabilities | 146 t€ | 221 t€ | 299 t€ | 404 t€ | 533 t€ | 613 t€ |
| Liabilities | 146 t€ | 226 t€ | 382 t€ | 482 t€ | 746 t€ | 828 t€ |
All financial statement items (47)
| 31.3.2025 | 31.3.2024 | 31.3.2023 | 31.3.2022 | 31.3.2020 | 31.3.2019 | |
|---|---|---|---|---|---|---|
| Turnover | 893 t€ | 1,3 M€ | 1,6 M€ | 1,4 M€ | 1,6 M€ | 1,6 M€ |
| Other operating income | 51 t€ | 0 € | 4 895 € | 1 944 € | 8 427 € | 10 t€ |
| Raw materials and services | -319 t€ | -452 t€ | -547 t€ | -379 t€ | -373 t€ | -425 t€ |
| Personnel expenses | -363 t€ | -446 t€ | -525 t€ | -493 t€ | -555 t€ | -588 t€ |
| Depreciations and reductions in value | -67 t€ | -93 t€ | -128 t€ | -151 t€ | -232 t€ | -193 t€ |
| Other operating expenses | -192 t€ | -185 t€ | -224 t€ | -297 t€ | -328 t€ | -323 t€ |
| Operating profit (loss) | 3 257 € | 84 t€ | 153 t€ | 46 t€ | 98 t€ | 76 t€ |
| Financial income and expenses + (-) | -567 € | -2 365 € | -4 489 € | -6 992 € | -13 t€ | -17 t€ |
| Profit (loss) before appropriations and taxes | 2 690 € | 81 t€ | 149 t€ | 39 t€ | 85 t€ | 59 t€ |
| Income taxes | -635 € | -17 t€ | -30 t€ | -7 962 € | -17 t€ | -12 t€ |
| Profit (loss) for the financial year | 2 055 € | 65 t€ | 119 t€ | 31 t€ | 67 t€ | 46 t€ |
| Non-current assets | 241 t€ | 300 t€ | 311 t€ | 296 t€ | 534 t€ | 609 t€ |
| Receivables | 125 t€ | 114 t€ | 144 t€ | 390 t€ | 338 t€ | 435 t€ |
| Cash in hand and at banks | 215 t€ | 279 t€ | 357 t€ | 134 t€ | 171 t€ | 32 t€ |
| Current assets | 340 t€ | 394 t€ | 502 t€ | 524 t€ | 510 t€ | 467 t€ |
| Assets | 582 t€ | 694 t€ | 813 t€ | 820 t€ | 1,0 M€ | 1,1 M€ |
| Share capital or other similar capital | 8 409 € | 8 409 € | 8 409 € | 8 409 € | – | – |
| Capital and reserves | 436 t€ | 468 t€ | 431 t€ | 338 t€ | 297 t€ | 248 t€ |
| Long-term liabilities | 0 € | 4 500 € | 83 t€ | 78 t€ | 213 t€ | 215 t€ |
| Short-term liabilities | 146 t€ | 221 t€ | 299 t€ | 404 t€ | 533 t€ | 613 t€ |
| Liabilities | 146 t€ | 226 t€ | 382 t€ | 482 t€ | 746 t€ | 828 t€ |
| Other social security expenses | -16 t€ | -21 t€ | -22 t€ | -21 t€ | -14 t€ | -18 t€ |
| Other interest and financial income from non-group companies | 2 € | 0 € | 36 € | 0 € | 0 € | 0 € |
| Short-term accrued expenses and deferred income | 54 t€ | 86 t€ | 109 t€ | 99 t€ | 101 t€ | 113 t€ |
| Tangible assets | 191 t€ | 250 t€ | 261 t€ | 274 t€ | 467 t€ | 520 t€ |
| Pension expenses | -56 t€ | -69 t€ | -85 t€ | -75 t€ | -87 t€ | -84 t€ |
| Short-term liabilities to credit institutions | 0 € | 18 t€ | 46 t€ | 92 t€ | 157 t€ | 144 t€ |
| Goodwill | – | – | 0 € | 22 t€ | 66 t€ | 88 t€ |
| Long-term liabilities to credit institutions | 0 € | 4 500 € | 83 t€ | 78 t€ | 213 t€ | 215 t€ |
| Liabilities | 582 t€ | 694 t€ | 813 t€ | 820 t€ | 1,0 M€ | 1,1 M€ |
| Machinery and equipment | 191 t€ | 250 t€ | 261 t€ | 274 t€ | 467 t€ | 520 t€ |
| Services purchased | -34 t€ | -45 t€ | -55 t€ | -24 t€ | -26 t€ | -21 t€ |
| Wages and salaries | -290 t€ | -356 t€ | -419 t€ | -397 t€ | -454 t€ | -486 t€ |
| Intangible assets | – | – | 0 € | 22 t€ | 66 t€ | 88 t€ |
| Other short-term receivables | 0 € | 3 061 € | 0 € | 1 397 € | 7 284 € | 1 353 € |
| Short-term prepayments and accrued income | 23 t€ | 21 t€ | 6 450 € | 14 t€ | 7 599 € | 2 271 € |
| Purchases during the financial year | -285 t€ | -407 t€ | -493 t€ | -355 t€ | -347 t€ | -404 t€ |
| Investments | 50 t€ | 50 t€ | 50 t€ | 0 € | – | – |
| Short-term sales receivables | 103 t€ | 91 t€ | 138 t€ | 374 t€ | 324 t€ | 431 t€ |
| Profit (loss) for the period, equity | 2 055 € | 65 t€ | 119 t€ | 31 t€ | 67 t€ | 46 t€ |
| Other current liabilities | 33 t€ | 22 t€ | 56 t€ | 103 t€ | 186 t€ | 241 t€ |
| Interest expenses and other financial expenses for non-Group companies | -568 € | -2 365 € | -4 525 € | -6 992 € | -13 t€ | -17 t€ |
| Retained earnings | 425 t€ | 395 t€ | 303 t€ | 298 t€ | 221 t€ | 193 t€ |
| Other shares and similar rights of ownership | 50 t€ | 50 t€ | 50 t€ | 0 € | – | – |
| Short-term accounts payable | 59 t€ | 95 t€ | 88 t€ | 110 t€ | 89 t€ | 115 t€ |
| Depreciations according to plan | -67 t€ | -93 t€ | -128 t€ | -151 t€ | -232 t€ | -193 t€ |
| Short-term receivables | 125 t€ | 114 t€ | 144 t€ | 390 t€ | 338 t€ | 435 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, Kuljetus N & M Oy is in the upper half of the industry class freight transport by road (2782 companies with taxable income; median 34 t€, 2,4 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.
Trade Register events
- Merger or demerger
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