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Maecon Oy

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

Maecon Oy is a limited company based in Turku, registered in 2023. In the financial year ending 31.5.2025, revenue was 930 t€ and operating profit 86 t€; equity ratio 32.9 %. Its taxable income in 2024 was 33 t€ and its income taxes 6 677 €.

Revenue 2025930 t€+67 % on the previous year
Operating profit86 t€9,2 % of revenue
Net profit64 t€EBITDA 99 t€
Equity ratio32,9 %quick ratio 1,55
Taxable income 202433 t€ upper half of its industry
Income taxes 20246 677 €6 677 € in 2024–2024
In business3 yrsregistered 23.1.2023

Financials

557 t€930 t€930 t€38 t€86 t€25 t€64 t€2024-052025-05
RevenueOperating profitNet profit
Key figures31.5.202531.5.2024
Revenue930 t€557 t€
Revenue change67,0 %–
EBITDA99 t€46 t€
EBITDA %10,7 %8,3 %
Operating profit86 t€38 t€
Operating margin9,2 %6,7 %
Net profit64 t€25 t€
Personnel costs293 t€139 t€
Equity ratio32,9 %14,6 %
Quick ratio1,551,26
Current ratio1,551,26
Debt to revenue19,0 %26,5 %
Return on equity73,3 %100,0 %
Balance sheet total264 t€173 t€
Equity87 t€25 t€
Cash and bank141 t€93 t€

Balance sheet

173 t€264 t€264 t€25 t€87 t€93 t€141 t€2024-052025-05
Balance sheet totalEquityCash
Income statement and balance sheet

Income statement

31.5.202531.5.2024
Turnover930 t€557 t€
Raw materials and services-450 t€-297 t€
Personnel expenses-293 t€-139 t€
Depreciations and reductions in value-14 t€-8 633 €
Other operating expenses-87 t€-74 t€
Operating profit (loss)86 t€38 t€
Financial income and expenses + (-)-5 543 €-5 663 €
Profit (loss) before appropriations and taxes80 t€32 t€
Income taxes-16 t€-6 677 €
Profit (loss) for the financial year64 t€25 t€

Balance sheet

31.5.202531.5.2024
Non-current assets41 t€26 t€
Receivables82 t€53 t€
Cash in hand and at banks141 t€93 t€
Current assets223 t€147 t€
Assets264 t€173 t€
Capital and reserves87 t€25 t€
Long-term liabilities33 t€31 t€
Short-term liabilities144 t€116 t€
Liabilities177 t€147 t€
All financial statement items (45)
31.5.202531.5.2024
Turnover930 t€557 t€
Raw materials and services-450 t€-297 t€
Personnel expenses-293 t€-139 t€
Depreciations and reductions in value-14 t€-8 633 €
Other operating expenses-87 t€-74 t€
Operating profit (loss)86 t€38 t€
Financial income and expenses + (-)-5 543 €-5 663 €
Profit (loss) before appropriations and taxes80 t€32 t€
Income taxes-16 t€-6 677 €
Profit (loss) for the financial year64 t€25 t€
Non-current assets41 t€26 t€
Receivables82 t€53 t€
Cash in hand and at banks141 t€93 t€
Current assets223 t€147 t€
Assets264 t€173 t€
Capital and reserves87 t€25 t€
Long-term liabilities33 t€31 t€
Short-term liabilities144 t€116 t€
Liabilities177 t€147 t€
Long-term liabilities to credit institutions33 t€11 t€
Depreciations according to plan-14 t€-8 633 €
Short-term sales receivables65 t€51 t€
Pension expenses-34 t€-14 t€
Profit (loss) for the period, equity64 t€25 t€
Interest expenses and other financial expenses for non-Group companies-5 607 €-5 668 €
Long-term receivables5 083 €1 860 €
Short-term liabilities to credit institutions13 t€6 076 €
Short-term receivables77 t€51 t€
Liabilities264 t€173 t€
Wages and salaries-249 t€-121 t€
Services purchased-329 t€-202 t€
Other long-term receivables5 083 €1 860 €
Other social security expenses-10 t€-4 068 €
Tangible assets41 t€26 t€
Short-term accounts payable53 t€52 t€
Short-term accrued expenses and deferred income56 t€31 t€
Other short-term receivables610 €0 €
Other interest and financial income from non-group companies64 €5 €
Other current liabilities23 t€27 t€
Long-term accounts payable0 €20 t€
Purchases during the financial year-121 t€-95 t€
Short-term prepayments and accrued income696 €179 €
Machinery and equipment41 t€26 t€
Retained earnings23 t€0 €
Short-term loan receivables11 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

Measured by taxable income, Maecon 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€, 2,1 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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