Piirinmestari Oy is a limited company based in Seinäjoki, registered in 2021. In the financial year ending 31.1.2026, revenue was 103 t€ and operating profit -1 551 €; equity ratio 31.4 %. Its taxable income in 2024 was 14 t€ and its income taxes 2 860 €.
Financials
| Key figures | 31.1.2026 | 31.1.2025 | 31.1.2023 |
|---|---|---|---|
| Revenue | 103 t€ | 62 t€ | 383 t€ |
| Revenue change | 67,0 % | -83,9 % | – |
| EBITDA | -1 551 € | -29 t€ | 59 t€ |
| EBITDA % | -1,5 % | -47,9 % | 15,4 % |
| Operating profit | -1 551 € | -29 t€ | 51 t€ |
| Operating margin | -1,5 % | -47,9 % | 13,3 % |
| Net profit | -3 547 € | -32 t€ | 38 t€ |
| Personnel costs | -63 t€ | -59 t€ | 130 t€ |
| Equity ratio | 31,4 % | 32,0 % | 48,3 % |
| Quick ratio | 1,46 | 1,34 | 1,35 |
| Current ratio | 1,46 | 1,47 | 1,73 |
| Debt to revenue | 1,7 % | 15,0 % | 10,7 % |
| Return on equity | -448,0 % | -728,4 % | 100,0 % |
| Balance sheet total | 2 521 € | 14 t€ | 79 t€ |
| Equity | 792 € | 4 339 € | 38 t€ |
| Cash and bank | 1 511 € | 266 € | 13 t€ |
Balance sheet
Income statement and balance sheet
Income statement
| 31.1.2026 | 31.1.2025 | 31.1.2023 | |
|---|---|---|---|
| Turnover | 103 t€ | 62 t€ | 383 t€ |
| Other operating income | 0 € | 3 815 € | – |
| Raw materials and services | 33 t€ | 21 t€ | -81 t€ |
| Personnel expenses | 63 t€ | 59 t€ | -130 t€ |
| Depreciations and reductions in value | – | – | -8 131 € |
| Other operating expenses | 9 022 € | 14 t€ | -113 t€ |
| Operating profit (loss) | -1 551 € | -29 t€ | 51 t€ |
| Financial income and expenses + (-) | 1 996 € | 2 122 € | -2 846 € |
| Profit (loss) before appropriations and taxes | -3 547 € | -32 t€ | 48 t€ |
| Income taxes | – | – | -9 718 € |
| Profit (loss) for the financial year | -3 547 € | -32 t€ | 38 t€ |
Balance sheet
| 31.1.2026 | 31.1.2025 | 31.1.2023 | |
|---|---|---|---|
| Non-current assets | – | – | 24 t€ |
| Stocks | 0 € | 1 200 € | 12 t€ |
| Receivables | 1 010 € | 12 t€ | 30 t€ |
| Cash in hand and at banks | 1 511 € | 266 € | 13 t€ |
| Current assets | 2 521 € | 14 t€ | 55 t€ |
| Assets | 2 521 € | 14 t€ | 79 t€ |
| Capital and reserves | 792 € | 4 339 € | 38 t€ |
| Long-term liabilities | – | – | 9 249 € |
| Short-term liabilities | 1 729 € | 9 240 € | 32 t€ |
| Liabilities | 1 729 € | 9 240 € | 41 t€ |
All financial statement items (46)
| 31.1.2026 | 31.1.2025 | 31.1.2023 | |
|---|---|---|---|
| Turnover | 103 t€ | 62 t€ | 383 t€ |
| Other operating income | 0 € | 3 815 € | – |
| Raw materials and services | 33 t€ | 21 t€ | -81 t€ |
| Personnel expenses | 63 t€ | 59 t€ | -130 t€ |
| Depreciations and reductions in value | – | – | -8 131 € |
| Other operating expenses | 9 022 € | 14 t€ | -113 t€ |
| Operating profit (loss) | -1 551 € | -29 t€ | 51 t€ |
| Financial income and expenses + (-) | 1 996 € | 2 122 € | -2 846 € |
| Profit (loss) before appropriations and taxes | -3 547 € | -32 t€ | 48 t€ |
| Income taxes | – | – | -9 718 € |
| Profit (loss) for the financial year | -3 547 € | -32 t€ | 38 t€ |
| Non-current assets | – | – | 24 t€ |
| Stocks | 0 € | 1 200 € | 12 t€ |
| Receivables | 1 010 € | 12 t€ | 30 t€ |
| Cash in hand and at banks | 1 511 € | 266 € | 13 t€ |
| Current assets | 2 521 € | 14 t€ | 55 t€ |
| Assets | 2 521 € | 14 t€ | 79 t€ |
| Capital and reserves | 792 € | 4 339 € | 38 t€ |
| Long-term liabilities | – | – | 9 249 € |
| Short-term liabilities | 1 729 € | 9 240 € | 32 t€ |
| Liabilities | 1 729 € | 9 240 € | 41 t€ |
| Purchases during the financial year | 31 t€ | 20 t€ | -88 t€ |
| Short-term receivables | 1 010 € | 12 t€ | 30 t€ |
| Other short-term receivables | 1 010 € | 756 € | 2 953 € |
| Profit (loss) for the period, equity | -3 547 € | -32 t€ | 38 t€ |
| Short-term loan receivables | 0 € | 3 685 € | 3 966 € |
| Tangible assets | – | – | 24 t€ |
| Short-term accrued expenses and deferred income | – | – | 40 € |
| Interest expenses and other financial expenses for non-Group companies | 1 996 € | 2 122 € | -2 853 € |
| Long-term liabilities to credit institutions | – | – | 9 249 € |
| Other social security expenses | 1 376 € | 847 € | -2 842 € |
| Short-term sales receivables | 0 € | 7 672 € | 11 t€ |
| Depreciations according to plan | – | – | -8 131 € |
| Other current liabilities | 1 448 € | 1 950 € | 7 428 € |
| Inventory increase (+) or decrease (-) | 1 200 € | 1 300 € | 12 t€ |
| Short-term accounts payable | 281 € | 7 290 € | 20 t€ |
| Retained earnings | 4 339 € | 36 t€ | – |
| Machinery and equipment | – | – | 24 t€ |
| Wages and salaries | 52 t€ | 51 t€ | -122 t€ |
| Other interest and financial income from non-group companies | 0 € | 0 € | 8 € |
| Short-term liabilities to credit institutions | – | – | 4 688 € |
| Pension expenses | 9 167 € | 7 416 € | -4 869 € |
| Materials and supplies | 0 € | 1 200 € | 12 t€ |
| Services purchased | 211 € | 61 € | -5 400 € |
| Liabilities | 2 521 € | 14 t€ | 79 t€ |
| Short-term prepayments and accrued income | – | – | 12 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
Measured by taxable income, Piirinmestari Oy is in the lower half of the industry class plumbing, heat and air-conditioning installation (1803 companies with taxable income; median 25 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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