Keuruun maanrakennus ja putkistosaneeraus Oy is a limited company based in Keuruu, registered in 2012. In the financial year ending 31.12.2025, operating profit 43 t€; equity ratio 19.5 %. Public buyers bought 48 t€ from it in 2022–2025; the largest buyer is Työllisyys, kehittämis- ja hallintokeskus (Työ- ja elinkeinoministeriön hallinnonala).
Gross profit 2025669 t€+10 % on the previous year
Operating profit43 t€
Net profit22 t€EBITDA -19 t€
Equity ratio19,5 %quick ratio 0,73
In business14 yrsregistered 27.3.2012
Sales to public buyers48 t€2022–2025
Financials
Gross profitOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 |
|---|---|---|---|---|---|
| Revenue change | 9,8 % | 9,7 % | -16,6 % | 68,1 % | – |
| Gross profit | 669 t€ | 609 t€ | 555 t€ | 666 t€ | 396 t€ |
| EBITDA | -19 t€ | 130 t€ | 59 t€ | 180 t€ | 77 t€ |
| Operating profit | 43 t€ | 71 t€ | -38 t€ | 74 t€ | 19 t€ |
| Net profit | 22 t€ | 50 t€ | -55 t€ | 57 t€ | 13 t€ |
| Personnel costs | -379 t€ | 317 t€ | 334 t€ | 334 t€ | 204 t€ |
| Equity ratio | 19,5 % | 12,9 % | 1,2 % | 11,7 % | 2,6 % |
| Quick ratio | 0,73 | 0,90 | 0,66 | 1,11 | 1,03 |
| Current ratio | 0,73 | 0,90 | 0,66 | 1,11 | 1,03 |
| Return on equity | 31,1 % | 91,9 % | -1265,3 % | 88,3 % | 167,9 % |
| Balance sheet total | 370 t€ | 417 t€ | 376 t€ | 554 t€ | 291 t€ |
| Equity | 72 t€ | 54 t€ | 4 363 € | 65 t€ | 7 567 € |
| Cash and bank | 17 t€ | 15 t€ | 12 t€ | 90 t€ | 2 686 € |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|---|---|
| Gross profit or loss | 669 t€ | 609 t€ | 555 t€ | 666 t€ | 396 t€ |
| Personnel expenses | 379 t€ | -317 t€ | -334 t€ | -334 t€ | -204 t€ |
| Depreciations and reductions in value | 61 t€ | -59 t€ | -96 t€ | -106 t€ | -58 t€ |
| Other operating expenses | 186 t€ | -163 t€ | -162 t€ | -152 t€ | -115 t€ |
| Operating profit (loss) | 43 t€ | 71 t€ | -38 t€ | 74 t€ | 19 t€ |
| Financial income and expenses + (-) | 16 t€ | -21 t€ | -17 t€ | -15 t€ | -9 275 € |
| Profit (loss) before appropriations and taxes | 27 t€ | 50 t€ | -55 t€ | 59 t€ | 10 t€ |
| Income taxes | 4 159 € | 0 € | 0 € | -1 802 € | 2 547 € |
| Profit (loss) for the financial year | 22 t€ | 50 t€ | -55 t€ | 57 t€ | 13 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|---|---|
| Non-current assets | 245 t€ | 235 t€ | 289 t€ | 319 t€ | 175 t€ |
| Receivables | 108 t€ | 167 t€ | 74 t€ | 145 t€ | 113 t€ |
| Cash in hand and at banks | 17 t€ | 15 t€ | 12 t€ | 90 t€ | 2 686 € |
| Current assets | 125 t€ | 182 t€ | 87 t€ | 235 t€ | 115 t€ |
| Assets | 370 t€ | 417 t€ | 376 t€ | 554 t€ | 291 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 72 t€ | 54 t€ | 4 363 € | 65 t€ | 7 567 € |
| Long-term liabilities | 126 t€ | 162 t€ | 241 t€ | 279 t€ | 171 t€ |
| Short-term liabilities | 172 t€ | 202 t€ | 130 t€ | 211 t€ | 112 t€ |
| Liabilities | 298 t€ | 363 t€ | 371 t€ | 489 t€ | 283 t€ |
All financial statement items (44)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|---|---|
| Gross profit or loss | 669 t€ | 609 t€ | 555 t€ | 666 t€ | 396 t€ |
| Personnel expenses | 379 t€ | -317 t€ | -334 t€ | -334 t€ | -204 t€ |
| Depreciations and reductions in value | 61 t€ | -59 t€ | -96 t€ | -106 t€ | -58 t€ |
| Other operating expenses | 186 t€ | -163 t€ | -162 t€ | -152 t€ | -115 t€ |
| Operating profit (loss) | 43 t€ | 71 t€ | -38 t€ | 74 t€ | 19 t€ |
| Financial income and expenses + (-) | 16 t€ | -21 t€ | -17 t€ | -15 t€ | -9 275 € |
| Profit (loss) before appropriations and taxes | 27 t€ | 50 t€ | -55 t€ | 59 t€ | 10 t€ |
| Income taxes | 4 159 € | 0 € | 0 € | -1 802 € | 2 547 € |
| Profit (loss) for the financial year | 22 t€ | 50 t€ | -55 t€ | 57 t€ | 13 t€ |
| Non-current assets | 245 t€ | 235 t€ | 289 t€ | 319 t€ | 175 t€ |
| Receivables | 108 t€ | 167 t€ | 74 t€ | 145 t€ | 113 t€ |
| Cash in hand and at banks | 17 t€ | 15 t€ | 12 t€ | 90 t€ | 2 686 € |
| Current assets | 125 t€ | 182 t€ | 87 t€ | 235 t€ | 115 t€ |
| Assets | 370 t€ | 417 t€ | 376 t€ | 554 t€ | 291 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 72 t€ | 54 t€ | 4 363 € | 65 t€ | 7 567 € |
| Long-term liabilities | 126 t€ | 162 t€ | 241 t€ | 279 t€ | 171 t€ |
| Short-term liabilities | 172 t€ | 202 t€ | 130 t€ | 211 t€ | 112 t€ |
| Liabilities | 298 t€ | 363 t€ | 371 t€ | 489 t€ | 283 t€ |
| Other short-term receivables | 12 t€ | 10 € | 5 519 € | 18 t€ | 8 € |
| Other current liabilities | 11 t€ | 50 t€ | 12 t€ | 14 t€ | 2 057 € |
| Retained earnings | 47 t€ | 1 863 € | 57 t€ | 5 067 € | -7 636 € |
| Long-term receivables | 17 t€ | 36 t€ | 4 392 € | 820 € | 4 100 € |
| Short-term prepayments and accrued income | 0 € | 4 209 € | 0 € | 0 € | 304 € |
| Other long-term receivables | 17 t€ | 36 t€ | 4 392 € | 820 € | 4 100 € |
| Advance payments and construction in progress | – | – | 0 € | 582 € | 1 982 € |
| Short-term sales receivables | 79 t€ | 127 t€ | 64 t€ | 126 t€ | 108 t€ |
| Short-term accounts payable | 23 t€ | 42 t€ | 10 t€ | 59 t€ | 4 099 € |
| Profit (loss) for the period, equity | 22 t€ | 50 t€ | -55 t€ | 57 t€ | 13 t€ |
| Short-term receivables | 91 t€ | 131 t€ | 70 t€ | 144 t€ | 109 t€ |
| Interest expenses and other financial expenses for non-Group companies | 16 t€ | -21 t€ | -18 t€ | -15 t€ | -9 277 € |
| Tangible assets | 245 t€ | 235 t€ | 289 t€ | 319 t€ | 175 t€ |
| Wages and salaries | 315 t€ | -252 t€ | -262 t€ | -260 t€ | -154 t€ |
| Short-term accrued expenses and deferred income | 35 t€ | 31 t€ | 21 t€ | 28 t€ | 39 t€ |
| Short-term loan receivables | – | – | 0 € | 100 € | 100 € |
| Liabilities | 370 t€ | 417 t€ | 376 t€ | 554 t€ | 291 t€ |
| Long-term accounts payable | 110 t€ | 144 t€ | 214 t€ | 244 t€ | 116 t€ |
| Other interest and financial income from non-group companies | 71 € | 37 € | 283 € | 2 € | 2 € |
| Other social security expenses | 10 t€ | -18 t€ | -23 t€ | -25 t€ | -13 t€ |
| Long-term liabilities to credit institutions | 17 t€ | 18 t€ | 27 t€ | 34 t€ | 54 t€ |
| Machinery and equipment | 245 t€ | 235 t€ | 289 t€ | 319 t€ | 173 t€ |
| Depreciations according to plan | 61 t€ | -59 t€ | -96 t€ | -106 t€ | -58 t€ |
| Short-term liabilities to credit institutions | 103 t€ | 79 t€ | 87 t€ | 110 t€ | 68 t€ |
| Pension expenses | 54 t€ | -48 t€ | -49 t€ | -48 t€ | -36 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.