Helsingin Maalauspalvelu Oy is a limited company based in Espoo, registered in 2009. In the financial year ending 31.5.2025, revenue was 444 t€ and operating profit 34 t€; equity ratio 51.3 %. Its taxable income in 2024 was 3 361 € and its income taxes 672 €. Public buyers bought 2 789 € from it in 2026–2026; the largest buyer is Museovirasto (Opetus- ja kulttuuriministeriön hallinnonala).
Financials
| Key figures | 31.5.2025 | 31.5.2024 | 31.5.2023 | 31.5.2022 | 31.5.2021 | 31.5.2020 |
|---|---|---|---|---|---|---|
| Revenue | 444 t€ | 343 t€ | 148 t€ | 183 t€ | 221 t€ | 241 t€ |
| Revenue change | 29,5 % | 131,6 % | -19,2 % | -17,1 % | -8,2 % | – |
| EBITDA | 3 055 € | 17 t€ | 4 861 € | 23 t€ | 42 t€ | 63 t€ |
| EBITDA % | 0,7 % | 5,0 % | 3,3 % | 12,7 % | 18,9 % | 26,2 % |
| Operating profit | 34 t€ | 8 646 € | -6 014 € | 8 552 € | 30 t€ | 53 t€ |
| Operating margin | 7,7 % | 2,5 % | -4,1 % | 4,7 % | 13,7 % | 22,2 % |
| Net profit | 27 t€ | 7 636 € | -5 797 € | 6 430 € | 24 t€ | 44 t€ |
| Personnel costs | -144 t€ | 122 t€ | 74 t€ | 88 t€ | 56 t€ | 37 t€ |
| Equity ratio | 51,3 % | 56,3 % | 83,6 % | 87,4 % | 71,8 % | 70,1 % |
| Quick ratio | 1,02 | 1,81 | 3,92 | 4,58 | 2,51 | 2,26 |
| Current ratio | 1,02 | 1,81 | 3,92 | 4,58 | 2,51 | 2,26 |
| Debt to revenue | 20,2 % | 15,2 % | 10,4 % | 7,2 % | 15,1 % | 10,9 % |
| Return on equity | 28,7 % | 11,3 % | -7,4 % | 7,0 % | 27,9 % | 72,2 % |
| Balance sheet total | 184 t€ | 119 t€ | 93 t€ | 105 t€ | 119 t€ | 88 t€ |
| Equity | 94 t€ | 67 t€ | 78 t€ | 92 t€ | 85 t€ | 61 t€ |
| Cash and bank | 12 t€ | 16 t€ | 6 479 € | 12 t€ | 31 t€ | 23 t€ |
Balance sheet
Income statement and balance sheet
Income statement
| 31.5.2025 | 31.5.2024 | 31.5.2023 | 31.5.2022 | 31.5.2021 | 31.5.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 444 t€ | 343 t€ | 148 t€ | 183 t€ | 221 t€ | 241 t€ |
| Other operating income | 47 t€ | 0 € | 3 696 € | 0 € | – | – |
| Raw materials and services | 225 t€ | -150 t€ | -42 t€ | -43 t€ | -87 t€ | -106 t€ |
| Personnel expenses | 144 t€ | -122 t€ | -74 t€ | -88 t€ | -56 t€ | -37 t€ |
| Depreciations and reductions in value | 31 t€ | -8 336 € | -11 t€ | -15 t€ | -12 t€ | -9 470 € |
| Other operating expenses | 57 t€ | -55 t€ | -32 t€ | -29 t€ | -36 t€ | -35 t€ |
| Operating profit (loss) | 34 t€ | 8 646 € | -6 014 € | 8 552 € | 30 t€ | 53 t€ |
| Financial income and expenses + (-) | 1 249 € | -337 € | -94 € | -388 € | -400 € | -2 096 € |
| Profit (loss) before appropriations and taxes | 33 t€ | 8 309 € | -6 108 € | 8 164 € | 30 t€ | 51 t€ |
| Income taxes | 5 674 € | -672 € | 312 € | -1 735 € | -6 051 € | -7 025 € |
| Profit (loss) for the financial year | 27 t€ | 7 636 € | -5 797 € | 6 430 € | 24 t€ | 44 t€ |
Balance sheet
| 31.5.2025 | 31.5.2024 | 31.5.2023 | 31.5.2022 | 31.5.2021 | 31.5.2020 | |
|---|---|---|---|---|---|---|
| Non-current assets | 93 t€ | 25 t€ | 33 t€ | 44 t€ | 35 t€ | 28 t€ |
| Receivables | 79 t€ | 79 t€ | 54 t€ | 49 t€ | 53 t€ | 36 t€ |
| Cash in hand and at banks | 12 t€ | 16 t€ | 6 479 € | 12 t€ | 31 t€ | 23 t€ |
| Current assets | 91 t€ | 94 t€ | 60 t€ | 61 t€ | 84 t€ | 59 t€ |
| Assets | 184 t€ | 119 t€ | 93 t€ | 105 t€ | 119 t€ | 88 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 94 t€ | 67 t€ | 78 t€ | 92 t€ | 85 t€ | 61 t€ |
| Short-term liabilities | 90 t€ | 52 t€ | 15 t€ | 13 t€ | 33 t€ | 26 t€ |
| Liabilities | 90 t€ | 52 t€ | 15 t€ | 13 t€ | 33 t€ | 26 t€ |
All financial statement items (43)
| 31.5.2025 | 31.5.2024 | 31.5.2023 | 31.5.2022 | 31.5.2021 | 31.5.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 444 t€ | 343 t€ | 148 t€ | 183 t€ | 221 t€ | 241 t€ |
| Other operating income | 47 t€ | 0 € | 3 696 € | 0 € | – | – |
| Raw materials and services | 225 t€ | -150 t€ | -42 t€ | -43 t€ | -87 t€ | -106 t€ |
| Personnel expenses | 144 t€ | -122 t€ | -74 t€ | -88 t€ | -56 t€ | -37 t€ |
| Depreciations and reductions in value | 31 t€ | -8 336 € | -11 t€ | -15 t€ | -12 t€ | -9 470 € |
| Other operating expenses | 57 t€ | -55 t€ | -32 t€ | -29 t€ | -36 t€ | -35 t€ |
| Operating profit (loss) | 34 t€ | 8 646 € | -6 014 € | 8 552 € | 30 t€ | 53 t€ |
| Financial income and expenses + (-) | 1 249 € | -337 € | -94 € | -388 € | -400 € | -2 096 € |
| Profit (loss) before appropriations and taxes | 33 t€ | 8 309 € | -6 108 € | 8 164 € | 30 t€ | 51 t€ |
| Income taxes | 5 674 € | -672 € | 312 € | -1 735 € | -6 051 € | -7 025 € |
| Profit (loss) for the financial year | 27 t€ | 7 636 € | -5 797 € | 6 430 € | 24 t€ | 44 t€ |
| Non-current assets | 93 t€ | 25 t€ | 33 t€ | 44 t€ | 35 t€ | 28 t€ |
| Receivables | 79 t€ | 79 t€ | 54 t€ | 49 t€ | 53 t€ | 36 t€ |
| Cash in hand and at banks | 12 t€ | 16 t€ | 6 479 € | 12 t€ | 31 t€ | 23 t€ |
| Current assets | 91 t€ | 94 t€ | 60 t€ | 61 t€ | 84 t€ | 59 t€ |
| Assets | 184 t€ | 119 t€ | 93 t€ | 105 t€ | 119 t€ | 88 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 94 t€ | 67 t€ | 78 t€ | 92 t€ | 85 t€ | 61 t€ |
| Short-term liabilities | 90 t€ | 52 t€ | 15 t€ | 13 t€ | 33 t€ | 26 t€ |
| Liabilities | 90 t€ | 52 t€ | 15 t€ | 13 t€ | 33 t€ | 26 t€ |
| Pension expenses | 11 t€ | -9 200 € | -3 011 € | -5 002 € | -4 478 € | -1 739 € |
| Depreciations according to plan | 31 t€ | -8 336 € | -11 t€ | -15 t€ | -12 t€ | -9 470 € |
| Other long-term receivables | 21 t€ | 18 t€ | 22 t€ | 16 t€ | 10 t€ | 13 t€ |
| Tangible assets | 93 t€ | 25 t€ | 33 t€ | 44 t€ | 35 t€ | 28 t€ |
| Retained earnings | 65 t€ | 57 t€ | 81 t€ | 83 t€ | 59 t€ | 15 t€ |
| Short-term receivables | 58 t€ | 61 t€ | 32 t€ | 32 t€ | 42 t€ | 23 t€ |
| Other current liabilities | 11 t€ | 21 t€ | 7 484 € | 11 t€ | 18 t€ | 5 855 € |
| Short-term sales receivables | 40 t€ | 37 t€ | 12 t€ | 20 t€ | 25 t€ | 18 t€ |
| Short-term prepayments and accrued income | 0 € | 1 889 € | 7 633 € | 11 t€ | 1 589 € | 0 € |
| Other interest and financial income from non-group companies | 3 € | 19 € | 13 € | 0 € | 2 € | 0 € |
| Interest expenses and other financial expenses for non-Group companies | 1 252 € | -356 € | -107 € | -388 € | -402 € | -2 097 € |
| Short-term accounts payable | 72 t€ | 29 t€ | 7 771 € | 2 080 € | 9 550 € | 13 t€ |
| Long-term receivables | 21 t€ | 18 t€ | 22 t€ | 16 t€ | 10 t€ | 13 t€ |
| Short-term accrued expenses and deferred income | 7 342 € | 1 491 € | 77 € | 0 € | 6 145 € | 7 025 € |
| Profit (loss) for the period, equity | 27 t€ | 7 636 € | -5 797 € | 6 430 € | 24 t€ | 44 t€ |
| Short-term loan receivables | – | 0 € | 777 € | 0 € | 0 € | 4 358 € |
| Other social security expenses | 6 255 € | -4 602 € | -2 358 € | -3 686 € | -2 133 € | -736 € |
| Purchases during the financial year | 112 t€ | -91 t€ | -28 t€ | -21 t€ | -47 t€ | -35 t€ |
| Other short-term receivables | 18 t€ | 22 t€ | 11 t€ | 1 864 € | 15 t€ | 1 339 € |
| Services purchased | 113 t€ | -59 t€ | -13 t€ | -22 t€ | -40 t€ | -70 t€ |
| Wages and salaries | 127 t€ | -108 t€ | -68 t€ | -79 t€ | -50 t€ | -34 t€ |
| Liabilities | 184 t€ | 119 t€ | 93 t€ | 105 t€ | 119 t€ | 88 t€ |
| Machinery and equipment | 93 t€ | 25 t€ | 33 t€ | 44 t€ | 35 t€ | 28 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, Helsingin Maalauspalvelu Oy is in the lower half of the industry class wholesale of construction materials without specialisation on any specific product group (112 companies with taxable income; median 33 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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