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Koivula Lattiat Oy

Limited company, Hämeenlinna. Construction of residential and non-residential buildings.

Koivula Lattiat Oy is a limited company based in Hämeenlinna, registered in 2021. In the financial year ending 31.12.2025, revenue was 109 t€ and operating profit 26 t€; equity ratio 56.0 %. Its taxable income in 2024 was 2 959 € and its income taxes 592 €.

Revenue 2025109 t€+27 % on the previous year
Operating profit26 t€24,2 % of revenue
Net profit20 t€EBITDA 23 t€
Equity ratio56,0 %quick ratio 0,77
Taxable income 20242 959 € lower half of its industry
Income taxes 2024592 €742 € in 2021–2024
In business5 yrsregistered 9.6.2021

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Financials

20 t€113 t€48 t€86 t€109 t€109 t€1 669 €-4 949 €-3 986 €22 t€26 t€603 €-7 416 €-8 491 €18 t€20 t€20212022202320242025
RevenueOperating profitNet profit
Key figures31.12.202531.12.202431.12.202331.12.202231.12.2021
Revenue109 t€86 t€48 t€113 t€20 t€
Revenue change26,6 %81,6 %-58,0 %456,2 %–
EBITDA23 t€22 t€-3 835 €-4 748 €1 878 €
EBITDA %20,9 %25,7 %-8,1 %-4,2 %9,2 %
Operating profit26 t€22 t€-3 986 €-4 949 €1 669 €
Operating margin24,2 %25,2 %-8,4 %-4,4 %8,2 %
Net profit20 t€18 t€-8 491 €-7 416 €603 €
Personnel costs-57 t€42 t€30 t€69 t€3 131 €
Equity ratio56,0 %37,7 %-329,4 %-57,3 %2,7 %
Quick ratio0,771,210,210,653,90
Current ratio0,771,210,210,653,90
Debt to revenue16,4 %5,4 %42,0 %16,5 %108,5 %
Return on equity87,6 %639,9 %––100,0 %
Balance sheet total41 t€7 512 €4 647 €12 t€23 t€
Equity23 t€2 835 €-15 t€-6 814 €603 €
Cash and bank3 457 €2 092 €24 €7 763 €10 t€

Balance sheet

23 t€12 t€4 647 €7 512 €41 t€41 t€603 €-6 814 €-15 t€2 835 €23 t€10 t€7 763 €24 €2 092 €3 457 €20212022202320242025
Balance sheet totalEquityCash
Income statement and balance sheet

Income statement

31.12.202531.12.202431.12.202331.12.202231.12.2021
Turnover109 t€86 t€48 t€113 t€20 t€
Raw materials and services1 496 €-1 806 €-3 684 €-6 902 €-66 €
Personnel expenses57 t€-42 t€-30 t€-69 t€-3 131 €
Depreciations and reductions in value3 599 €-452 €-151 €-201 €-209 €
Other operating expenses20 t€-20 t€-17 t€-42 t€-15 t€
Operating profit (loss)26 t€22 t€-3 986 €-4 949 €1 669 €
Financial income and expenses + (-)1 323 €-3 024 €-4 505 €-2 468 €-916 €
Profit (loss) before appropriations and taxes25 t€19 t€-8 491 €-7 416 €753 €
Income taxes5 022 €-592 €0 €0 €-151 €
Profit (loss) for the financial year20 t€18 t€-8 491 €-7 416 €603 €

Balance sheet

31.12.202531.12.202431.12.202331.12.202231.12.2021
Non-current assets35 t€1 855 €453 €604 €9 820 €
Receivables460 €3 565 €4 170 €3 525 €2 694 €
Cash in hand and at banks3 457 €2 092 €24 €7 763 €10 t€
Current assets5 917 €5 657 €4 194 €11 t€13 t€
Assets41 t€7 512 €4 647 €12 t€23 t€
Capital and reserves23 t€2 835 €-15 t€-6 814 €603 €
Long-term liabilities10 t€0 €0 €1 357 €19 t€
Short-term liabilities7 678 €4 677 €20 t€17 t€3 299 €
Liabilities18 t€4 677 €20 t€19 t€22 t€
All financial statement items (47)
31.12.202531.12.202431.12.202331.12.202231.12.2021
Turnover109 t€86 t€48 t€113 t€20 t€
Raw materials and services1 496 €-1 806 €-3 684 €-6 902 €-66 €
Personnel expenses57 t€-42 t€-30 t€-69 t€-3 131 €
Depreciations and reductions in value3 599 €-452 €-151 €-201 €-209 €
Other operating expenses20 t€-20 t€-17 t€-42 t€-15 t€
Operating profit (loss)26 t€22 t€-3 986 €-4 949 €1 669 €
Financial income and expenses + (-)1 323 €-3 024 €-4 505 €-2 468 €-916 €
Profit (loss) before appropriations and taxes25 t€19 t€-8 491 €-7 416 €753 €
Income taxes5 022 €-592 €0 €0 €-151 €
Profit (loss) for the financial year20 t€18 t€-8 491 €-7 416 €603 €
Non-current assets35 t€1 855 €453 €604 €9 820 €
Receivables460 €3 565 €4 170 €3 525 €2 694 €
Cash in hand and at banks3 457 €2 092 €24 €7 763 €10 t€
Current assets5 917 €5 657 €4 194 €11 t€13 t€
Assets41 t€7 512 €4 647 €12 t€23 t€
Capital and reserves23 t€2 835 €-15 t€-6 814 €603 €
Long-term liabilities10 t€0 €0 €1 357 €19 t€
Short-term liabilities7 678 €4 677 €20 t€17 t€3 299 €
Liabilities18 t€4 677 €20 t€19 t€22 t€
Short-term accounts payable2 725 €1 651 €434 €3 373 €2 412 €
Short-term prepayments and accrued income217 €114 €186 €33 €721 €
Depreciations according to plan3 599 €-452 €-151 €-201 €-209 €
Short-term liabilities to credit institutions3 816 €0 €16 t€4 116 €0 €
Impairment on investments for non-current assets177 €0 €–––
Investments0 €500 €0 €––
Retained earnings2 835 €-15 t€-6 814 €603 €0 €
Liabilities41 t€7 512 €4 647 €12 t€23 t€
Other interest and financial income from non-group companies2 €7 €0 €11 €0 €
Short-term receivables460 €3 565 €4 170 €3 525 €2 694 €
Short-term accrued expenses and deferred income0 €95 €0 €2 212 €182 €
Purchases during the financial year1 496 €-1 247 €-3 064 €-3 287 €-66 €
Short-term sales receivables0 €2 714 €2 479 €3 492 €0 €
Pension expenses1 954 €-1 554 €-1 305 €-6 377 €-674 €
Services purchased0 €-560 €-620 €-3 615 €0 €
Machinery and equipment35 t€1 355 €453 €604 €9 820 €
Long-term liabilities to credit institutions10 t€0 €0 €1 357 €10 t€
Shares and holdings2 000 €0 €–––
Other current liabilities1 137 €2 932 €3 439 €7 648 €705 €
Long-term accounts payable–––0 €8 491 €
Tangible assets35 t€1 355 €453 €604 €9 820 €
Other social security expenses2 296 €-1 621 €-1 563 €-3 112 €-785 €
Wages and salaries53 t€-39 t€-27 t€-59 t€-1 672 €
Other short-term receivables244 €737 €1 504 €0 €1 973 €
Profit (loss) for the period, equity20 t€18 t€-8 491 €-7 416 €603 €
Other shares and similar rights of ownership0 €500 €0 €––
Interest expenses and other financial expenses for non-Group companies1 148 €-3 031 €-4 505 €-2 478 €-916 €
Other shares, financial securities2 000 €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

753 €0 €0 €2 959 €2 959 €2021202220232024

Measured by taxable income, Koivula Lattiat Oy is in the lower half of the industry class construction of residential and non-residential buildings (5705 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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