MVC-Projektit Oy is a limited company based in Naantali, registered in 2013. In the financial year ending 31.12.2025, revenue was 14 t€ and operating profit -27 t€; equity ratio 98.7 %.
Revenue 202514 t€-63 % on the previous year
Operating profit-27 t€-187,0 % of revenue
Net profit-27 t€EBITDA -27 t€
Equity ratio98,7 %quick ratio 58,58
In business13 yrsregistered 25.10.2013
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Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 |
|---|---|---|---|---|---|---|
| Revenue | 14 t€ | 39 t€ | 81 t€ | 246 t€ | 212 t€ | 426 t€ |
| Revenue change | -62,9 % | -52,2 % | -67,0 % | 15,7 % | -50,2 % | – |
| EBITDA | -27 t€ | -18 t€ | -34 t€ | -19 t€ | -50 t€ | 30 t€ |
| EBITDA % | -187,0 % | -46,4 % | -42,2 % | -7,9 % | -23,6 % | 7,0 % |
| Operating profit | -27 t€ | -19 t€ | -35 t€ | -21 t€ | -52 t€ | 27 t€ |
| Operating margin | -187,0 % | -48,7 % | -43,5 % | -8,5 % | -24,6 % | 6,4 % |
| Net profit | -27 t€ | -19 t€ | -34 t€ | -20 t€ | -50 t€ | 22 t€ |
| Personnel costs | -22 t€ | 11 t€ | 39 t€ | 67 t€ | 71 t€ | 81 t€ |
| Equity ratio | 98,7 % | 99,1 % | 94,3 % | 91,7 % | 92,3 % | 92,3 % |
| Quick ratio | 58,58 | 78,16 | 10,57 | 7,69 | 5,79 | 7,65 |
| Current ratio | 74,62 | 105,32 | 17,31 | 11,84 | 10,70 | 11,13 |
| Debt to revenue | 4,7 % | 2,0 % | 8,2 % | 5,8 % | 7,6 % | 5,2 % |
| Return on equity | -53,8 % | -22,5 % | -31,2 % | -12,9 % | -25,7 % | 8,4 % |
| Balance sheet total | 51 t€ | 84 t€ | 117 t€ | 171 t€ | 210 t€ | 286 t€ |
| Equity | 50 t€ | 83 t€ | 110 t€ | 157 t€ | 194 t€ | 264 t€ |
| Cash and bank | 32 t€ | 39 t€ | 56 t€ | 84 t€ | 50 t€ | 136 t€ |
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 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 14 t€ | 39 t€ | 81 t€ | 246 t€ | 212 t€ | 426 t€ |
| Other operating income | 4 997 € | 0 € | 0 € | 24 t€ | 4 518 € | 0 € |
| Raw materials and services | 12 t€ | -27 t€ | -39 t€ | -168 t€ | -135 t€ | -247 t€ |
| Personnel expenses | 22 t€ | -11 t€ | -39 t€ | -67 t€ | -71 t€ | -81 t€ |
| Depreciations and reductions in value | 0 € | -894 € | -1 050 € | -1 341 € | -2 155 € | -2 628 € |
| Other operating expenses | 12 t€ | -18 t€ | -37 t€ | -54 t€ | -60 t€ | -68 t€ |
| Operating profit (loss) | -27 t€ | -19 t€ | -35 t€ | -21 t€ | -52 t€ | 27 t€ |
| Financial income and expenses + (-) | -11 € | 239 € | 893 € | 497 € | 2 570 € | 1 014 € |
| Profit (loss) before appropriations and taxes | -27 t€ | -19 t€ | -34 t€ | -20 t€ | -50 t€ | 28 t€ |
| Income taxes | – | – | – | – | 0 € | -5 936 € |
| Profit (loss) for the financial year | -27 t€ | -19 t€ | -34 t€ | -20 t€ | -50 t€ | 22 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Non-current assets | 0 € | 1 403 € | 2 296 € | 3 596 € | 38 t€ | 40 t€ |
| Stocks | 11 t€ | 21 t€ | 45 t€ | 59 t€ | 79 t€ | 77 t€ |
| Receivables | 7 900 € | 22 t€ | 14 t€ | 25 t€ | 43 t€ | 34 t€ |
| Cash in hand and at banks | 32 t€ | 39 t€ | 56 t€ | 84 t€ | 50 t€ | 136 t€ |
| Current assets | 51 t€ | 82 t€ | 115 t€ | 168 t€ | 172 t€ | 246 t€ |
| Assets | 51 t€ | 84 t€ | 117 t€ | 171 t€ | 210 t€ | 286 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 50 t€ | 83 t€ | 110 t€ | 157 t€ | 194 t€ | 264 t€ |
| Short-term liabilities | 679 € | 780 € | 6 617 € | 14 t€ | 16 t€ | 22 t€ |
| Liabilities | 679 € | 780 € | 6 617 € | 14 t€ | 16 t€ | 22 t€ |
All financial statement items (49)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 14 t€ | 39 t€ | 81 t€ | 246 t€ | 212 t€ | 426 t€ |
| Other operating income | 4 997 € | 0 € | 0 € | 24 t€ | 4 518 € | 0 € |
| Raw materials and services | 12 t€ | -27 t€ | -39 t€ | -168 t€ | -135 t€ | -247 t€ |
| Personnel expenses | 22 t€ | -11 t€ | -39 t€ | -67 t€ | -71 t€ | -81 t€ |
| Depreciations and reductions in value | 0 € | -894 € | -1 050 € | -1 341 € | -2 155 € | -2 628 € |
| Other operating expenses | 12 t€ | -18 t€ | -37 t€ | -54 t€ | -60 t€ | -68 t€ |
| Operating profit (loss) | -27 t€ | -19 t€ | -35 t€ | -21 t€ | -52 t€ | 27 t€ |
| Financial income and expenses + (-) | -11 € | 239 € | 893 € | 497 € | 2 570 € | 1 014 € |
| Profit (loss) before appropriations and taxes | -27 t€ | -19 t€ | -34 t€ | -20 t€ | -50 t€ | 28 t€ |
| Income taxes | – | – | – | – | 0 € | -5 936 € |
| Profit (loss) for the financial year | -27 t€ | -19 t€ | -34 t€ | -20 t€ | -50 t€ | 22 t€ |
| Non-current assets | 0 € | 1 403 € | 2 296 € | 3 596 € | 38 t€ | 40 t€ |
| Stocks | 11 t€ | 21 t€ | 45 t€ | 59 t€ | 79 t€ | 77 t€ |
| Receivables | 7 900 € | 22 t€ | 14 t€ | 25 t€ | 43 t€ | 34 t€ |
| Cash in hand and at banks | 32 t€ | 39 t€ | 56 t€ | 84 t€ | 50 t€ | 136 t€ |
| Current assets | 51 t€ | 82 t€ | 115 t€ | 168 t€ | 172 t€ | 246 t€ |
| Assets | 51 t€ | 84 t€ | 117 t€ | 171 t€ | 210 t€ | 286 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 50 t€ | 83 t€ | 110 t€ | 157 t€ | 194 t€ | 264 t€ |
| Short-term liabilities | 679 € | 780 € | 6 617 € | 14 t€ | 16 t€ | 22 t€ |
| Liabilities | 679 € | 780 € | 6 617 € | 14 t€ | 16 t€ | 22 t€ |
| Finished products | 11 t€ | 21 t€ | 45 t€ | 47 t€ | 79 t€ | 77 t€ |
| Other short-term receivables | 1 111 € | 854 € | 191 € | 3 272 € | 21 € | 201 € |
| Other current liabilities | 481 € | 62 € | 4 591 € | 3 175 € | 5 323 € | 6 944 € |
| Other intangible assets | – | 0 € | 426 € | 852 € | 2 806 € | 3 741 € |
| Retained earnings | 74 t€ | 99 t€ | 142 t€ | 175 t€ | 241 t€ | 240 t€ |
| Short-term prepayments and accrued income | 978 € | 1 243 € | 2 477 € | 1 776 € | 4 308 € | 2 116 € |
| Short-term accounts payable | 198 € | 717 € | 1 340 € | 7 888 € | 5 590 € | 4 328 € |
| Short-term sales receivables | 410 € | 9 719 € | 2 645 € | 11 t€ | 21 t€ | 1 286 € |
| Purchases during the financial year | 1 533 € | -3 474 € | -37 t€ | -136 t€ | -132 t€ | -263 t€ |
| Current receivables from Group companies | – | – | – | – | 0 € | 30 t€ |
| Profit (loss) for the period, equity | -27 t€ | -19 t€ | -34 t€ | -20 t€ | -50 t€ | 22 t€ |
| Short-term receivables | 7 900 € | 22 t€ | 14 t€ | 25 t€ | 43 t€ | 34 t€ |
| Interest expenses and other financial expenses for non-Group companies | – | 0 € | -23 € | 0 € | -23 € | -277 € |
| Tangible assets | 0 € | 1 403 € | 1 870 € | 2 744 € | 35 t€ | 36 t€ |
| Wages and salaries | 22 t€ | -11 t€ | -38 t€ | -64 t€ | -66 t€ | -73 t€ |
| Short-term accrued expenses and deferred income | 0 € | 1 € | 687 € | 3 095 € | 5 153 € | 11 t€ |
| Intangible assets | – | 0 € | 426 € | 852 € | 2 806 € | 3 741 € |
| Short-term loan receivables | 5 400 € | 9 998 € | 9 000 € | 9 000 € | 18 t€ | 0 € |
| Liabilities | 51 t€ | 84 t€ | 117 t€ | 171 t€ | 210 t€ | 286 t€ |
| Other interest and financial income from non-group companies | 11 € | 239 € | 916 € | 497 € | 2 593 € | 1 291 € |
| Other social security expenses | -1 € | -147 € | -767 € | -931 € | -1 137 € | -1 829 € |
| Machinery and equipment | 0 € | 1 403 € | 1 870 € | 2 744 € | 3 658 € | 5 078 € |
| Depreciations according to plan | 0 € | -894 € | -1 050 € | -1 341 € | -2 155 € | -2 628 € |
| Services purchased | – | – | 0 € | -150 € | -5 243 € | -11 t€ |
| Land and water areas, Owned | – | – | – | 0 € | 31 t€ | 31 t€ |
| Inventory increase (+) or decrease (-) | 10 t€ | -23 t€ | -2 329 € | -32 t€ | 1 852 € | 27 t€ |
| Pension expenses | – | 0 € | -278 € | -2 895 € | -4 230 € | -5 879 € |
| Advance payments | – | – | 0 € | 12 t€ | 0 € | – |
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.