YIT Oyj
OYJActiveY-tunnus 0112650-2Panuntie 11, 00620 HelsinkiActivities of holding companies· NACE 6421Est. 1940 · 86 years old— employees
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Overview
YIT Oyj is a Finnish OYJ based in Helsinki, operating in the Activities of holding companies sector. Incorporated in 1940, the company reported revenue of €59.9m in its latest annual filing.
Revenue 2025
0.1B EUR
+9% vs 2024
EBITDA margin
−15.8 %
+84% vs 2024
Net profit 2025
-0B EUR
-4% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
50.4 %
WeakAmong the 40% lowest rated companies in the industry
20212025
Liquidity ratioCurrent assets ÷ Short-term debt
0.2×
Very weakAmong the 20% lowest rated companies in the industry
20212025
Return on assets (ROA)Net profit ÷ Total assets × 100
-2.7 %
Very weakAmong the 20% lowest rated companies in the industry
20212025
EBITDA — year on year
EUR millionsKey figures
Annual report 2025| Revenue | 0.1B EUR | +9% |
| EBITDA | -0B EUR | +84% |
| Net profit | -0B EUR | -4% |
| Total assets | 1.7B EUR | -10% |
| Equity | 0.9B EUR | -5% |
| Employees | — | — |
Company information
Legal name
YIT Oyj
Y-tunnus number
0112650-2
Legal form
Julkinen osakeyhtiö
NACE code
Founded
31 August 1940 · 86 years
Share capital
EUR 149,716,748
Employees
—
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Toimitusjohtaja yksin ja hallituksen jäsenet kaksi yhdessä
Company purpose
Yhtiön toimialana on rakennusalan tuotantotoiminta, rakennustarvikkeiden ja rakennusvalmisosien valmistus, vuokraus ja kauppa kotimaassa ja ulkomailla. Yhtiön toimialana on edellä mainittujen liiketoimintojen lisäksi omistaa, ostaa ja myydä kiinteistöjä ja asunto- ja kiinteistöosakkeita sekä vuokrata huoneistoja ja kiinteistöjä rakennuksineen ja laitoksineen sekä harjoittaa muutakin toimintaa, joka liittyy edellä mainittuihin toimintoihin. Yhtiö voi harjoittaa arvopaperikauppaa. Yhtiö voi harjoittaa toimialansa mukaista toimintaa välittömästi yhtiön toimesta ja/tai tytär- ja osakkuusyhteisöjen ja yhteisyritysten välityksellä. Yhtiö voi tarjota hallinnon, henkilöstöasioiden, rahoituksen, talouden, laki- ja veroasioiden, sijoittajasuhteiden ja viestinnän sekä muita palveluja konserni- ja osakkuusyhteisöille.
(no translation available)
Address
Panuntie 11, 00620 Helsinki
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Financial development
In its most recent annual report (2025), YIT Oyj reported revenue of €59.9m, an increase of 9% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net loss of €45.3m, and the EBITDA margin stood at -15.8%.
At the end of 2025, equity financed 50.4% of the balance sheet, and current assets covered short-term debt 0.2 times.
Financials
Revenue
EUR millionsEBITDA
EUR millionsIncome statement
EUR thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 59,862 | 54,838 | 61,854 | 76,294 | 70,603 |
| Staff expenses | -23,562 | -22,532 | -25,492 | -34,829 | -33,091 |
| EBITDA | -9,434 | -57,715 | -20,400 | -14,871 | -32,585 |
| Depreciation & amort. | -326 | -442 | -754 | -2,016 | -2,852 |
| EBIT | -9,761 | -58,156 | -21,154 | -16,887 | -35,437 |
| Net financials | -35,526 | 14,487 | 32,222 | -12,620 | -13,129 |
| Profit before tax | -45,287 | -43,669 | 11,068 | 19,621 | -5,486 |
| Tax | — | — | 13 | -0 | -10,770 |
| Net profit | -45,287 | -43,669 | 11,054 | 19,621 | 5,284 |
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Balance sheet
EUR thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 1,707,823 | 1,901,631 | 1,672,171 | 1,661,563 | 1,897,085 |
| Equity | 860,922 | 905,358 | 919,103 | 949,011 | 957,457 |
| Long-term debt | 454,525 | 483,322 | 391,151 | 353,864 | 456,179 |
| Short-term debt | 378,175 | 494,612 | 361,917 | 358,690 | 483,452 |
| Total debt | 832,700 | 977,934 | 753,068 | 712,554 | 939,631 |
Financial ratios
5-year trendEBITDA margin
-15.8 %
20212025
Equity ratio
50.4 %
WeakAmong the 40% lowest rated companies in the industry
20212025
Return on equity
-5.3 %
Very weakAmong the 20% lowest rated companies in the industry
20212025
Net profit margin
-75.7 %
Very weakAmong the 20% lowest rated companies in the industry
20212025
Asset turnover
0.04×
AverageAround the average of companies in the same industry
20212025
Debt / equity
0.98×
WeakAmong the 30% lowest rated companies in the industry
20212025
Sector performance
26 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery strong
Among the 20% highest rated companies in the industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginWeak
Among the 30% lowest rated companies in the industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginVery weak
Among the 20% lowest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Very weak
Among the 20% lowest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Very weak
Among the 20% lowest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Very weak
Among the 20% lowest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Weak
Among the 40% lowest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioAverage
Around the average of companies in the same industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioVery weak
Among the 20% lowest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Cash ratioWeak
Among the 40% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityStrong
Among the 30% highest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalVery weak
Among the 20% lowest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioWeak
Among the 40% lowest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Quick ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Debt & solvency
Solidity ratioWeak
Among the 40% lowest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioWeak
Among the 40% lowest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityWeak
Among the 30% lowest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityWeak
Among the 30% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtWeak
Among the 30% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtWeak
Among the 40% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageWeak
Among the 40% lowest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtVery weak
Among the 20% lowest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginVery weak
Among the 20% lowest rated companies in the industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverAverage
Around the average of companies in the same industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalWeak
Among the 30% lowest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityWeak
Among the 40% lowest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtStrong
Among the 40% highest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Annual reports & filings
- Annual report 2025Filed via PRH / YTJ · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via PRH / YTJ · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via PRH / YTJ · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via PRH / YTJ · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via PRH / YTJ · Period 2021-01-01 – 2021-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (17) | ||
PS Confidential Clerk | Confidential Clerk | 2018 |
PH Person with significant control | Person with significant control | 2023 |
EA Person with significant control | Person with significant control | 2026 |
JF Person with significant control | Person with significant control | 2025 |
AJ Deputy Chief Executive Officer | Deputy Chief Executive Officer | 2025 |
SJ Confidential Clerk | Confidential Clerk | 2019 |
AS Person with significant control | Person with significant control | 2026 |
JM Person with significant control | Person with significant control | 2023 |
MT Confidential Clerk | Confidential Clerk | 2021 |
MO Person with significant control | Person with significant control | 2025 |
VJ Confidential Clerk | Confidential Clerk | 2026 |
MH Person with significant control | Person with significant control | 2026 |
KS Confidential Clerk | Confidential Clerk | 2024 |
HM Chief Executive Officer | Chief Executive Officer | 2022 |
MT Person with significant control | Person with significant control | 2024 |
JM Person with significant control | Person with significant control | 2018 |
JM Person with significant control | Person with significant control | 2018 |
Former (38)
KT Chief Executive Officer | Chief Executive Officer | 2018 – 2020 |
IJ Deputy Chief Executive Officer | Deputy Chief Executive Officer | 2021 – 2021 |
PA Confidential Clerk | Confidential Clerk | 2018 – 2019 |
AJ Confidential Clerk | Confidential Clerk | 2018 – 2019 |
TM Person with significant control | Person with significant control | 2020 – 2023 |
HP Person with significant control | Person with significant control | 2019 – 2021 |
JM Confidential Clerk | Confidential Clerk | 2018 – 2019 |
JK Person with significant control | Person with significant control | 2020 – 2023 |
MO Chief Executive Officer | Chief Executive Officer | 2021 – 2022 |
EJ Person with significant control | Person with significant control | 2018 – 2020 |
HJ Person with significant control | Person with significant control | 2018 – 2019 |
PI Person with significant control | Person with significant control | 2018 – 2022 |
AO Deputy Chief Executive Officer | Deputy Chief Executive Officer | 2021 – 2025 |
ME Person with significant control | Person with significant control | 2020 – 2021 |
SS Audit | Audit | 2021 – 2023 |
TH Confidential Clerk | Confidential Clerk | 2018 – 2019 |
AT Confidential Clerk | Confidential Clerk | 2018 – 2019 |
KK Person with significant control | Person with significant control | 2022 – 2023 |
EJ Confidential Clerk | Confidential Clerk | 2019 – 2026 |
TL Person with significant control | Person with significant control | 2020 – 2021 |
IK Person with significant control | Person with significant control | 2021 – 2023 |
JA Person with significant control | Person with significant control | 2018 – 2022 |
MJ | Audit | 2019 – 2021 |
JM Person with significant control | Person with significant control | 2021 – 2026 |
JS Audit | Audit | 2018 – 2019 |
TS Deputy Chief Executive Officer | Deputy Chief Executive Officer | 2025 – 2025 |
HL Person with significant control | Person with significant control | 2018 – 2019 |
PJ Person with significant control | Person with significant control | 2021 – 2023 |
TM Confidential Clerk | Confidential Clerk | 2019 – 2026 |
JR Confidential Clerk | Confidential Clerk | 2020 – 2020 |
AA Person with significant control | Person with significant control | 2022 – 2025 |
KJ Person with significant control | Person with significant control | 2018 – 2023 |
PS Confidential Clerk | Confidential Clerk | 2018 – 2020 |
TJ Confidential Clerk | Confidential Clerk | 2019 – 2019 |
NC Confidential Clerk | Confidential Clerk | 2021 – 2022 |
MH Confidential Clerk | Confidential Clerk | 2018 – 2019 |
AJ Confidential Clerk | Confidential Clerk | 2018 – 2019 |
MK Confidential Clerk | Confidential Clerk | 2019 – 2024 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (6) | ||
LM Board of Directors | Board of Directors | 2024 |
JH Chairperson | Chairperson | 2024 |
SK Board of Directors | Board of Directors | 2022 |
AM Board of Directors | Board of Directors | 2024 |
KM Board of Directors | Board of Directors | 2022 |
LC Board of Directors | Board of Directors | 2022 |
Former (11)
TM Board of Directors | Board of Directors | 2018 – 2022 |
IA Board of Directors | Board of Directors | 2018 – 2019 |
BM Board of Directors | Board of Directors | 2019 – 2024 |
AE Board of Directors | Board of Directors | 2018 – 2022 |
AG Board of Directors | Board of Directors | 2019 – 2022 |
FH Board of Directors | Board of Directors | 2019 – 2023 |
KD Board of Directors | Board of Directors | 2022 – 2024 |
EJ Board of Directors | Board of Directors | 2018 – 2023 |
HA Chairperson | Chairperson | 2018 – 2024 |
EO Board of Directors | Board of Directors | 2018 – 2019 |
OP Board of Directors | Board of Directors | 2018 – 2023 |
Shareholders
Active legal ownersNo shareholder data available.
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Company hierarchy
YIT Oyj (this company)
Renta Kalusto Oy100% ownedYIT PORTTI Kladino a.s.100% ownedYIT Housing Oy100% ownedFinn-Stroi Oy100% ownedTortum Oy Ab100% ownedYIT Saturnus Oy100% ownedYIT Mars Oy100% ownedYIT Sirius Oy100% ownedYIT Stavo s.r.o.96% ownedYIT Development SP.Z.A.O100% ownedPostep Property Sp.z.o.o.100% ownedYIT Ventures Oy100% ownedKeilaniemen kiinteistökehitys Strike Ky33.3% ownedKeilaniemen K-Torni BotCo Ky100% ownedKeilaniemen Valokeila BotCo Ky100% ownedKeilaniemen Kalliopysäköinti BotCo Ky100% ownedYIT Rakennus Oy100% ownedYIT Infra Oy100% ownedYIT Road Oy100% ownedWassermannova Development s.r.o.100% ownedUAB "YIT namai"100% ownedLemminkainen Pilnsalbieriba100% ownedYIT Sp.z.o.o.100% ownedYIT SPV 2 s.r.o.100% ownedYIT Construction Sp.z.o.o.100% ownedTELLUS spol. s.r.o.100% ownedUAB Lemcon Vilnius100% ownedYIT Gdansk Sp.z.o.o.100% ownedUAB "YIT Lietuva busas"100% ownedYIT Zurawie Sp.z.o.o.100% ownedBoard network connections
Board members of YIT Oyj also hold positions in 345 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Alexander Göran Jacob Ehrnrooth | Board of Directors | 18 companiesMany roles |
| Kari Tuomo Olavi Kauniskangas | Chief Executive Officer | 16 companiesMany roles |
| Inka Aura Ilona Mero | Board of Directors | 16 companiesMany roles |
| Tom Matias Ekman | Person with significant control | 15 companiesMany roles |
| Juha Matti Jauhiainen | Person with significant control | 15 companiesMany roles |
| Heikki Matti Mikael Vuorenmaa | Chief Executive Officer | 14 companiesMany roles |
| Mari Hannele Puoskari | Person with significant control | 13 companiesMany roles |
| Juha Mikael Kostiainen | Person with significant control | 12 companiesMany roles |
| Pasi André Huhtakangas | Confidential Clerk | 10 companiesMany roles |
| Erkka Antero Repo | Person with significant control | 10 companiesMany roles |
| Pasi Juhani Tolppanen | Person with significant control | 10 companiesMany roles |
| Aaron Samir Leinonen | Person with significant control | 9 companiesMany roles |
| Melina Tuulikki Lönnrot | Confidential Clerk | 9 companiesMany roles |
| Markus Tapio Pietikäinen | Person with significant control | 9 companiesMany roles |
| Ilkka Juhani Salonen | Deputy Chief Executive Officer | 7 companiesMany roles |
| Jyri Harri Luomakoski | Chairperson | 7 companiesMany roles |
| Anders Mikael Dahlblom | Board of Directors | 7 companiesMany roles |
| Antti Juhani Seppälä | Confidential Clerk | 6 companiesMany roles |
| Karo Juhani Nukarinen | Person with significant control | 6 companiesMany roles |
| Milja Katariina Laosmaa | Confidential Clerk | 6 companiesMany roles |
| Harri-Pekka Antero Kaukonen | Chairperson | 6 companiesMany roles |
| Petri Sauli Iljin | Confidential Clerk | 5 companies |
| Markku Olavi Moilanen | Chief Executive Officer | 5 companies |
| Aleksi Johannes Laine | Deputy Chief Executive Officer | 5 companies |
| Samuli Sakari Perälä | Audit | 5 companies |
| Mika Olavi Toivonen | Person with significant control | 5 companies |
| Tuomas Sakari Mäkipeska | Deputy Chief Executive Officer | 5 companies |
| Peter Henrik Forssell | Person with significant control | 4 companies |
| Esa Juhani Neuvonen | Person with significant control | 4 companies |
| Justyna Filipczak | Person with significant control | 4 companies |
| Pii Iina Helena Raulo | Person with significant control | 4 companies |
| Jennie Marjatta Haasmaa | Person with significant control | 4 companies |
| Markku Juhani Katajisto | Audit | 4 companies |
| Vesa Juhani Pirinen | Confidential Clerk | 4 companies |
| Kati Sisko Mäki-Karvia | Confidential Clerk | 4 companies |
| Eero Juhani Heliövaara | Board of Directors | 4 companies |
| Erkki Olavi Järvinen | Board of Directors | 4 companies |
| Lars Casimir Lindholm | Board of Directors | 4 companies |
| Antti Olavi Inkilä | Deputy Chief Executive Officer | 3 companies |
| Jaakko Matti Ilmari Marjosola | Person with significant control | 3 companies |
| Jaakko-Juhani Rautavuori | Confidential Clerk | 3 companies |
| Tomi Janne Petteri Järvinen | Confidential Clerk | 3 companies |
| Tiina Marjukka Tuomela | Board of Directors | 3 companies |
| Leena Marjatta Vainiomäki | Board of Directors | 3 companies |
| Juhana Kustaa Häkkänen | Person with significant control | 2 companies |
| Antti Timo Tapani Viholainen | Confidential Clerk | 2 companies |
| Esa Johannes Nykänen | Confidential Clerk | 2 companies |
| Juhani Arvo Henrik Nummi | Person with significant control | 2 companies |
| Ngoc Chau Lam | Confidential Clerk | 2 companies |
| Marjut Hannele Pale | Confidential Clerk | 2 companies |
| Anna Eva Kristina Pentti-von Walzel | Board of Directors | 2 companies |
| Sami Kalle Tapio Laine | Board of Directors | 2 companies |
| Olli Petteri Lehtinen | Board of Directors | 2 companies |
| Kerttu Maria Tuomas | Board of Directors | 2 companies |
| Harri Petteri Kailasalo | Person with significant control | 1 company |
| Hanna-Elina Jaakkola | Person with significant control | 1 company |
| Santeri Johannes Kääriäinen | Confidential Clerk | 1 company |
| Marko Eerik Oinas | Person with significant control | 1 company |
| Tauno Heikki Kalevi Kestilä | Confidential Clerk | 1 company |
| Timo Lauri Juhani Lehmus | Person with significant control | 1 company |
| Ilkka Keijo Johannes Tomperi | Person with significant control | 1 company |
| Hanna Leena Malmivaara | Person with significant control | 1 company |
| Ari Antero Erkinharju | Person with significant control | 1 company |
| Pirjo Sinikka Pernu | Confidential Clerk | 1 company |
| Ari Juha-Matti Ladvelin | Confidential Clerk | 1 company |
| Keith David Silverang | Board of Directors | 1 company |
Frequently asked questions
What is the Y-tunnus number of YIT Oyj?
YIT Oyj is registered with PRH / YTJ under Y-tunnus 0112650-2.
What is the revenue of YIT Oyj?
YIT Oyj reported revenue of €59.9m in 2025.
Who is the CEO of YIT Oyj?
Heikki Matti Mikael Vuorenmaa is the CEO of YIT Oyj, in role since 2022.
Who is the chairman of YIT Oyj?
Jyri Harri Luomakoski chairs the board of YIT Oyj, in role since 2024.
Where is YIT Oyj headquartered?
YIT Oyj's registered address is Panuntie 11.