Ermifor Oy is a limited company based in Nurmijärvi, registered in 2013. In the financial year ending 31.7.2025, revenue was 390 t€ and operating profit 99 t€; equity ratio -493.0 %.
Revenue 2025390 t€-81 % on the previous year
Operating profit99 t€25,4 % of revenue
Net profit87 t€EBITDA 100 t€
Equity ratio-493,0 %quick ratio 0,38
In business13 yrsregistered 22.8.2013
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Financials
RevenueOperating profitNet profit
| Key figures | 31.7.2025 | 31.7.2024 | 31.7.2023 |
|---|---|---|---|
| Revenue | 390 t€ | 2,0 M€ | 2,8 M€ |
| Revenue change | -80,7 % | -26,9 % | – |
| EBITDA | 100 t€ | -4 467 € | -131 t€ |
| EBITDA % | 25,6 % | -0,2 % | -4,7 % |
| Operating profit | 99 t€ | -15 t€ | -143 t€ |
| Operating margin | 25,4 % | -0,7 % | -5,2 % |
| Net profit | 87 t€ | -28 t€ | -205 t€ |
| Personnel costs | 189 t€ | 1,2 M€ | 2,3 M€ |
| Equity ratio | -493,0 % | -109,0 % | -33,0 % |
| Quick ratio | 0,38 | 0,33 | 0,63 |
| Current ratio | 0,38 | 0,33 | 0,63 |
| Debt to revenue | 24,7 % | 10,3 % | 11,8 % |
| Balance sheet total | 16 t€ | 100 t€ | 245 t€ |
| Equity | -80 t€ | -109 t€ | -81 t€ |
| Cash and bank | 1 712 € | 40 t€ | 141 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.7.2025 | 31.7.2024 | 31.7.2023 | |
|---|---|---|---|
| Turnover | 390 t€ | 2,0 M€ | 2,8 M€ |
| Other operating income | 4 200 € | 5 300 € | 0 € |
| Raw materials and services | -22 t€ | -227 t€ | 0 € |
| Personnel expenses | -189 t€ | -1,2 M€ | -2,3 M€ |
| Depreciations and reductions in value | -773 € | -10 t€ | -12 t€ |
| Other operating expenses | -84 t€ | -577 t€ | -568 t€ |
| Operating profit (loss) | 99 t€ | -15 t€ | -143 t€ |
| Financial income and expenses + (-) | -13 t€ | -13 t€ | 0 € |
| Profit (loss) before appropriations and taxes | 87 t€ | -28 t€ | -143 t€ |
| Income taxes | – | 0 € | -61 t€ |
| Profit (loss) for the financial year | 87 t€ | -28 t€ | -205 t€ |
Balance sheet
| 31.7.2025 | 31.7.2024 | 31.7.2023 | |
|---|---|---|---|
| Non-current assets | 2 319 € | 30 t€ | 41 t€ |
| Receivables | 12 t€ | 30 t€ | 64 t€ |
| Cash in hand and at banks | 1 712 € | 40 t€ | 141 t€ |
| Current assets | 14 t€ | 69 t€ | 205 t€ |
| Assets | 16 t€ | 100 t€ | 245 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | -80 t€ | -109 t€ | -81 t€ |
| Long-term liabilities | 60 t€ | 0 € | – |
| Short-term liabilities | 37 t€ | 208 t€ | 326 t€ |
| Liabilities | 97 t€ | 208 t€ | 326 t€ |
All financial statement items (48)
| 31.7.2025 | 31.7.2024 | 31.7.2023 | |
|---|---|---|---|
| Turnover | 390 t€ | 2,0 M€ | 2,8 M€ |
| Other operating income | 4 200 € | 5 300 € | 0 € |
| Raw materials and services | -22 t€ | -227 t€ | 0 € |
| Personnel expenses | -189 t€ | -1,2 M€ | -2,3 M€ |
| Depreciations and reductions in value | -773 € | -10 t€ | -12 t€ |
| Other operating expenses | -84 t€ | -577 t€ | -568 t€ |
| Operating profit (loss) | 99 t€ | -15 t€ | -143 t€ |
| Financial income and expenses + (-) | -13 t€ | -13 t€ | 0 € |
| Profit (loss) before appropriations and taxes | 87 t€ | -28 t€ | -143 t€ |
| Income taxes | – | 0 € | -61 t€ |
| Profit (loss) for the financial year | 87 t€ | -28 t€ | -205 t€ |
| Non-current assets | 2 319 € | 30 t€ | 41 t€ |
| Receivables | 12 t€ | 30 t€ | 64 t€ |
| Cash in hand and at banks | 1 712 € | 40 t€ | 141 t€ |
| Current assets | 14 t€ | 69 t€ | 205 t€ |
| Assets | 16 t€ | 100 t€ | 245 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | -80 t€ | -109 t€ | -81 t€ |
| Long-term liabilities | 60 t€ | 0 € | – |
| Short-term liabilities | 37 t€ | 208 t€ | 326 t€ |
| Liabilities | 97 t€ | 208 t€ | 326 t€ |
| Other short-term receivables | 452 € | 15 t€ | 25 t€ |
| Other current liabilities | 14 t€ | 131 t€ | 232 t€ |
| Other intangible assets | – | 0 € | 212 € |
| Retained earnings | -170 t€ | -84 t€ | 121 t€ |
| Long-term receivables | 8 033 € | 8 105 € | 8 105 € |
| Short-term prepayments and accrued income | 3 € | 6 000 € | 0 € |
| Other long-term receivables | 2 001 € | 2 073 € | 2 073 € |
| Short-term accounts payable | 9 920 € | 33 t€ | 26 t€ |
| Short-term sales receivables | 3 765 € | 0 € | 31 t€ |
| Purchases during the financial year | -2 484 € | -164 € | 0 € |
| Profit (loss) for the period, equity | 87 t€ | -28 t€ | -205 t€ |
| Short-term receivables | 4 220 € | 21 t€ | 56 t€ |
| Interest expenses and other financial expenses for non-Group companies | -13 t€ | -13 t€ | 0 € |
| Tangible assets | 2 319 € | 30 t€ | 41 t€ |
| Wages and salaries | -157 t€ | -1,0 M€ | -2,0 M€ |
| Short-term accrued expenses and deferred income | 13 t€ | 44 t€ | 69 t€ |
| Intangible assets | – | 0 € | 212 € |
| Liabilities | 16 t€ | 100 t€ | 245 t€ |
| Other interest and financial income from non-group companies | 90 € | 0 € | – |
| Other social security expenses | -3 839 € | -43 t€ | -65 t€ |
| Machinery and equipment | 2 319 € | 30 t€ | 41 t€ |
| Depreciations according to plan | -773 € | -10 t€ | -12 t€ |
| Services purchased | -20 t€ | -227 t€ | 0 € |
| Short-term liabilities to credit institutions | 59 € | 0 € | – |
| Pension expenses | -28 t€ | -165 t€ | -238 t€ |
| Other long-term liabilities | 60 t€ | 0 € | – |
| Long-term prepayments and accrued income | 6 032 € | 6 032 € | 6 032 € |
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.