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Mer Arkkitehdit Oy

Limited company, Helsinki. Architectural activities.

Mer Arkkitehdit Oy is a limited company based in Helsinki, registered in 2015. In the financial year ending 31.12.2025, revenue was 282 t€ and operating profit 16 t€; equity ratio 65.5 %. Its taxable income in 2024 was 66 t€ and its income taxes 13 t€.

Revenue 2025282 t€-31 % on the previous year
Operating profit16 t€5,5 % of revenue
Net profit13 t€EBITDA 14 t€
Equity ratio65,5 %quick ratio 2,84
Taxable income 202466 t€ top quarter of its industry
Income taxes 202413 t€81 t€ in 2020–2024
In business11 yrsregistered 4.8.2015

Financials

404 t€690 t€597 t€343 t€410 t€282 t€282 t€86 t€162 t€118 t€2 168 €66 t€16 t€75 t€129 t€94 t€1 697 €52 t€13 t€202020212022202320242025
RevenueOperating profitNet profit
Key figures31.12.202531.12.202431.12.202331.12.202231.12.202131.12.2020
Revenue282 t€410 t€343 t€597 t€690 t€404 t€
Revenue change-31,2 %19,6 %-42,6 %-13,4 %70,5 %–
EBITDA14 t€68 t€2 694 €118 t€162 t€88 t€
EBITDA %5,0 %16,5 %0,8 %19,8 %23,6 %21,8 %
Operating profit16 t€66 t€2 168 €118 t€162 t€86 t€
Operating margin5,5 %16,0 %0,6 %19,7 %23,4 %21,2 %
Net profit13 t€52 t€1 697 €94 t€129 t€75 t€
Personnel costs-130 t€199 t€230 t€219 t€253 t€199 t€
Equity ratio65,5 %72,2 %74,0 %81,8 %56,7 %36,1 %
Quick ratio2,843,493,835,462,291,54
Current ratio2,843,493,835,462,291,54
Debt to revenue28,4 %14,2 %28,7 %11,3 %25,2 %46,5 %
Return on equity8,3 %34,5 %0,6 %31,0 %56,9 %71,0 %
Balance sheet total232 t€210 t€378 t€370 t€400 t€294 t€
Equity152 t€152 t€280 t€303 t€227 t€106 t€
Cash and bank87 t€92 t€227 t€288 t€257 t€71 t€

Balance sheet

294 t€400 t€370 t€378 t€210 t€232 t€232 t€106 t€227 t€303 t€280 t€152 t€152 t€71 t€257 t€288 t€227 t€92 t€87 t€202020212022202320242025
Balance sheet totalEquityCash
Income statement and balance sheet

Income statement

31.12.202531.12.202431.12.202331.12.202231.12.202131.12.2020
Turnover282 t€410 t€343 t€597 t€690 t€404 t€
Other operating income3 825 €2 398 €2 400 €400 €31 t€19 t€
Raw materials and services82 t€-88 t€-41 t€-210 t€-257 t€-92 t€
Personnel expenses130 t€-199 t€-230 t€-219 t€-253 t€-199 t€
Depreciations and reductions in value1 555 €-2 074 €-526 €-702 €-936 €-2 568 €
Other operating expenses56 t€-58 t€-72 t€-49 t€-49 t€-44 t€
Operating profit (loss)16 t€66 t€2 168 €118 t€162 t€86 t€
Financial income and expenses + (-)-137 €-51 €-41 €-185 €-169 €-128 €
Profit (loss) before appropriations and taxes16 t€66 t€2 127 €117 t€161 t€86 t€
Income taxes3 108 €-13 t€-430 €-24 t€-32 t€-10 t€
Profit (loss) for the financial year13 t€52 t€1 697 €94 t€129 t€75 t€

Balance sheet

31.12.202531.12.202431.12.202331.12.202231.12.202131.12.2020
Non-current assets4 666 €6 221 €1 579 €2 106 €2 807 €3 743 €
Stocks–0 €67 €0 €––
Receivables140 t€112 t€149 t€80 t€140 t€219 t€
Cash in hand and at banks87 t€92 t€227 t€288 t€257 t€71 t€
Current assets228 t€204 t€377 t€368 t€398 t€291 t€
Assets232 t€210 t€378 t€370 t€400 t€294 t€
Share capital or other similar capital3 000 €3 000 €3 000 €3 000 €3 000 €3 000 €
Capital and reserves152 t€152 t€280 t€303 t€227 t€106 t€
Short-term liabilities80 t€58 t€98 t€67 t€174 t€188 t€
Liabilities80 t€58 t€98 t€67 t€174 t€188 t€
All financial statement items (44)
31.12.202531.12.202431.12.202331.12.202231.12.202131.12.2020
Turnover282 t€410 t€343 t€597 t€690 t€404 t€
Other operating income3 825 €2 398 €2 400 €400 €31 t€19 t€
Raw materials and services82 t€-88 t€-41 t€-210 t€-257 t€-92 t€
Personnel expenses130 t€-199 t€-230 t€-219 t€-253 t€-199 t€
Depreciations and reductions in value1 555 €-2 074 €-526 €-702 €-936 €-2 568 €
Other operating expenses56 t€-58 t€-72 t€-49 t€-49 t€-44 t€
Operating profit (loss)16 t€66 t€2 168 €118 t€162 t€86 t€
Financial income and expenses + (-)-137 €-51 €-41 €-185 €-169 €-128 €
Profit (loss) before appropriations and taxes16 t€66 t€2 127 €117 t€161 t€86 t€
Income taxes3 108 €-13 t€-430 €-24 t€-32 t€-10 t€
Profit (loss) for the financial year13 t€52 t€1 697 €94 t€129 t€75 t€
Non-current assets4 666 €6 221 €1 579 €2 106 €2 807 €3 743 €
Stocks–0 €67 €0 €––
Receivables140 t€112 t€149 t€80 t€140 t€219 t€
Cash in hand and at banks87 t€92 t€227 t€288 t€257 t€71 t€
Current assets228 t€204 t€377 t€368 t€398 t€291 t€
Assets232 t€210 t€378 t€370 t€400 t€294 t€
Share capital or other similar capital3 000 €3 000 €3 000 €3 000 €3 000 €3 000 €
Capital and reserves152 t€152 t€280 t€303 t€227 t€106 t€
Short-term liabilities80 t€58 t€98 t€67 t€174 t€188 t€
Liabilities80 t€58 t€98 t€67 t€174 t€188 t€
Other social security expenses2 393 €-2 404 €-3 536 €-3 179 €-4 459 €-2 785 €
Other interest and financial income from non-group companies159 €0 €0 €3 €0 €3 €
Short-term accrued expenses and deferred income18 t€18 t€28 t€27 t€31 t€53 t€
Tangible assets4 666 €6 221 €1 579 €2 106 €2 807 €3 743 €
Pension expenses32 t€-38 t€-41 t€-30 t€-35 t€-27 t€
Other long-term receivables4 500 €4 500 €4 500 €0 €––
Liabilities232 t€210 t€378 t€370 t€400 t€294 t€
Machinery and equipment4 666 €6 221 €1 579 €2 106 €2 807 €3 743 €
Services purchased78 t€-85 t€-39 t€-210 t€-253 t€-88 t€
Wages and salaries95 t€-158 t€-186 t€-186 t€-214 t€-169 t€
Advance payments–0 €67 €0 €––
Other short-term receivables0 €38 €1 €4 583 €4 500 €1 308 €
Short-term prepayments and accrued income1 233 €11 t€10 t€126 €2 555 €1 420 €
Purchases during the financial year4 399 €-3 458 €-1 263 €-308 €-3 050 €-3 998 €
Long-term receivables4 500 €4 500 €4 500 €0 €––
Short-term sales receivables135 t€96 t€135 t€75 t€133 t€217 t€
Profit (loss) for the period, equity13 t€52 t€1 697 €94 t€129 t€75 t€
Other current liabilities38 t€24 t€23 t€22 t€75 t€96 t€
Interest expenses and other financial expenses for non-Group companies23 €-51 €-41 €-188 €-170 €-131 €
Retained earnings137 t€96 t€275 t€206 t€95 t€28 t€
Short-term accounts payable25 t€16 t€48 t€19 t€67 t€39 t€
Depreciations according to plan1 555 €-2 074 €-526 €-702 €-936 €-2 568 €
Short-term receivables136 t€107 t€145 t€80 t€140 t€219 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

50 t€161 t€118 t€2 150 €66 t€66 t€20202021202220232024

Measured by taxable income, Mer Arkkitehdit Oy is in the top quarter of the industry class architectural activities (460 companies with taxable income; median 20 t€, 3,3 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.

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