J. Kuittinen Oy is a limited company based in Rovaniemi, registered in 2019. In the financial year ending 31.12.2025, revenue was 469 t€ and operating profit 36 t€; equity ratio 56.6 %. Its taxable income in 2024 was 27 t€ and its income taxes 5 404 €.
Financials
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 |
|---|---|---|---|
| Revenue | 469 t€ | 377 t€ | 433 t€ |
| Revenue change | 24,2 % | -12,9 % | – |
| EBITDA | 26 t€ | 30 t€ | 22 t€ |
| EBITDA % | 5,6 % | 7,9 % | 5,1 % |
| Operating profit | 36 t€ | 27 t€ | 18 t€ |
| Operating margin | 7,6 % | 7,2 % | 4,2 % |
| Net profit | 28 t€ | 22 t€ | 15 t€ |
| Personnel costs | -87 t€ | 68 t€ | 70 t€ |
| Equity ratio | 56,6 % | 67,3 % | 65,3 % |
| Quick ratio | 1,88 | 2,74 | 2,57 |
| Current ratio | 1,99 | 2,87 | 2,57 |
| Debt to revenue | 19,2 % | 11,5 % | 8,4 % |
| Return on equity | 23,8 % | 24,0 % | 21,8 % |
| Balance sheet total | 208 t€ | 133 t€ | 104 t€ |
| Equity | 118 t€ | 90 t€ | 68 t€ |
| Cash and bank | 141 t€ | 96 t€ | 60 t€ |
Balance sheet
Income statement and balance sheet
Income statement
| 31.12.2025 | 31.12.2024 | 31.12.2023 | |
|---|---|---|---|
| Turnover | 469 t€ | 377 t€ | 433 t€ |
| Raw materials and services | 282 t€ | -241 t€ | -286 t€ |
| Personnel expenses | 87 t€ | -68 t€ | -70 t€ |
| Depreciations and reductions in value | 9 611 € | -2 773 € | -3 697 € |
| Other operating expenses | 55 t€ | -39 t€ | -55 t€ |
| Operating profit (loss) | 36 t€ | 27 t€ | 18 t€ |
| Financial income and expenses + (-) | 798 € | -135 € | -17 € |
| Profit (loss) before appropriations and taxes | 35 t€ | 27 t€ | 18 t€ |
| Income taxes | 6 995 € | -5 404 € | -3 404 € |
| Profit (loss) for the financial year | 28 t€ | 22 t€ | 15 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | |
|---|---|---|---|
| Non-current assets | 29 t€ | 8 318 € | 11 t€ |
| Stocks | 9 773 € | 5 691 € | 0 € |
| Receivables | 28 t€ | 23 t€ | 33 t€ |
| Cash in hand and at banks | 141 t€ | 96 t€ | 60 t€ |
| Current assets | 179 t€ | 125 t€ | 93 t€ |
| Assets | 208 t€ | 133 t€ | 104 t€ |
| Capital and reserves | 118 t€ | 90 t€ | 68 t€ |
| Short-term liabilities | 90 t€ | 44 t€ | 36 t€ |
| Liabilities | 90 t€ | 44 t€ | 36 t€ |
All financial statement items (42)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | |
|---|---|---|---|
| Turnover | 469 t€ | 377 t€ | 433 t€ |
| Raw materials and services | 282 t€ | -241 t€ | -286 t€ |
| Personnel expenses | 87 t€ | -68 t€ | -70 t€ |
| Depreciations and reductions in value | 9 611 € | -2 773 € | -3 697 € |
| Other operating expenses | 55 t€ | -39 t€ | -55 t€ |
| Operating profit (loss) | 36 t€ | 27 t€ | 18 t€ |
| Financial income and expenses + (-) | 798 € | -135 € | -17 € |
| Profit (loss) before appropriations and taxes | 35 t€ | 27 t€ | 18 t€ |
| Income taxes | 6 995 € | -5 404 € | -3 404 € |
| Profit (loss) for the financial year | 28 t€ | 22 t€ | 15 t€ |
| Non-current assets | 29 t€ | 8 318 € | 11 t€ |
| Stocks | 9 773 € | 5 691 € | 0 € |
| Receivables | 28 t€ | 23 t€ | 33 t€ |
| Cash in hand and at banks | 141 t€ | 96 t€ | 60 t€ |
| Current assets | 179 t€ | 125 t€ | 93 t€ |
| Assets | 208 t€ | 133 t€ | 104 t€ |
| Capital and reserves | 118 t€ | 90 t€ | 68 t€ |
| Short-term liabilities | 90 t€ | 44 t€ | 36 t€ |
| Liabilities | 90 t€ | 44 t€ | 36 t€ |
| Retained earnings | 90 t€ | 68 t€ | 53 t€ |
| Tangible assets | 29 t€ | 8 318 € | 11 t€ |
| Short-term liabilities to credit institutions | 9 972 € | 0 € | – |
| Wages and salaries | 70 t€ | -58 t€ | -60 t€ |
| Other short-term receivables | 2 690 € | 1 606 € | 412 € |
| Materials and supplies | 9 773 € | 5 691 € | 0 € |
| Liabilities | 208 t€ | 133 t€ | 104 t€ |
| Inventory increase (+) or decrease (-) | -4 082 € | 5 691 € | 0 € |
| Machinery and equipment | 29 t€ | 8 318 € | 11 t€ |
| Services purchased | 581 € | -735 € | -1 428 € |
| Short-term sales receivables | 18 t€ | 18 t€ | 30 t€ |
| Short-term accounts payable | 38 t€ | 17 t€ | 4 800 € |
| Short-term prepayments and accrued income | 7 173 € | 3 458 € | 2 648 € |
| Short-term accrued expenses and deferred income | 21 t€ | 4 914 € | 2 638 € |
| Short-term receivables | 28 t€ | 23 t€ | 33 t€ |
| Other current liabilities | 22 t€ | 22 t€ | 29 t€ |
| Other social security expenses | 5 280 € | -1 769 € | -2 477 € |
| Other interest and financial income from non-group companies | 73 € | 14 € | 2 € |
| Profit (loss) for the period, equity | 28 t€ | 22 t€ | 15 t€ |
| Interest expenses and other financial expenses for non-Group companies | 871 € | -148 € | -20 € |
| Purchases during the financial year | 286 t€ | -246 t€ | -285 t€ |
| Depreciations according to plan | 9 611 € | -2 773 € | -3 697 € |
| Pension expenses | 11 t€ | -8 142 € | -8 305 € |
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, J. Kuittinen Oy is in the upper half of the industry class construction of residential and non-residential buildings (5706 companies with taxable income; median 16 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.
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