Mectalent Oy
OYActiveY-tunnus 0451356-7Veistämötie 15, 90620 OuluMachining of metals· NACE 2553Est. 1981 · 44 years old— employeeshttps://www.mectalent.fi
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Overview
Mectalent Oy is a Finnish OY based in Oulu, operating in the Machining of metals sector. Incorporated in 1981, the company reported revenue of €17.9m in its latest annual filing.
Revenue 2025
17.9M EUR
+36% vs 2024
EBITDA margin
11.3 %
+2721% vs 2024
Net profit 2025
1.1M EUR
+237% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
49.7 %
AverageAround the average of companies in the same industry
20212025
Liquidity ratioCurrent assets ÷ Short-term debt
1.8×
AverageAround the average of companies in the same industry
20212025
Return on assets (ROA)Net profit ÷ Total assets × 100
8.3 %
StrongAmong the 40% highest rated companies in the industry
20212025
EBITDA — year on year
EUR thousandsKey figures
Annual report 2025| Revenue | 17.9M EUR | +36% |
| EBITDA | 2M EUR | +2721% |
| Net profit | 1.1M EUR | +237% |
| Total assets | 13.9M EUR | +19% |
| Equity | 6.9M EUR | +20% |
| Employees | — | — |
Company information
Legal name
Mectalent Oy
Y-tunnus number
0451356-7
Legal form
Osakeyhtiö
NACE code
2553 · Machining of metals
Founded
31 December 1981 · 44 years
Share capital
EUR 13,455
Employees
—
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Hallituksen puheenjohtaja ja toimitusjohtaja kumpikin yksin ja hallituksen jäsenet kaksi yhdessä
Company purpose
Yhtiön toimialana on hienomekaanisten osien, koneiden ja laitteiden suunnittelu, valmistus, huolto ja korjaus sekä niiden maahantuonti ja vienti. Lisäksi yhtiön toimialana on mekaniikkasimulointi, lämpö- ja virtaussimulointi, tuotekehitys, tuotesuunnittelu, mekaniikkasuunnittelu, konesuunnittelu, teollinen muotoilu, elektroniikkasuunnittelu, ohjelmistosuunnittelu, sulautetut ohjelmistot, logiikkasuunnittelu ja muu sähkötekninen suunnittelu. Yritys valmistaa prototyyppejä. Yhtiö voi omistaa kiinteistöjä ja huoneistoja sekä käydä arvopaperikauppaa.
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Contact
Address
Veistämötie 15, 90620 Oulu
Phone
+3580207419400
Email
info@mectalent.fi
Website
https://www.mectalent.fi
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Financial development
In its most recent annual report (2025), Mectalent Oy reported revenue of €17.9m, an increase of 36% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of €1.1m, and the EBITDA margin stood at 11.3%.
At the end of 2025, equity financed 49.7% of the balance sheet, and current assets covered short-term debt 1.8 times.
Financials
Revenue
EUR millionsEBITDA
EUR thousandsIncome statement
EUR thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 17,917 | 13,215 | 15,742 | 16,728 | 13,385 |
| Staff expenses | -6,358 | -6,130 | -5,554 | -4,948 | -4,520 |
| EBITDA | 2,032 | -78 | 856 | 1,893 | 1,885 |
| Depreciation & amort. | -701 | -677 | -572 | -523 | -452 |
| EBIT | 1,331 | -754 | 284 | 1,370 | 1,433 |
| Net financials | -116 | -86 | -109 | -61 | -27 |
| Profit before tax | 1,215 | -841 | 176 | 1,308 | 1,405 |
| Tax | 68 | -0 | 54 | 273 | 264 |
| Net profit | 1,147 | -840 | 122 | 1,036 | 1,141 |
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Balance sheet
EUR thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 13,885 | 11,668 | 11,423 | 11,983 | 10,955 |
| Equity | 6,901 | 5,754 | 6,594 | 6,707 | 5,970 |
| Long-term debt | 1,552 | 728 | 351 | 638 | 764 |
| Short-term debt | 5,138 | 4,893 | 4,185 | 4,638 | 4,220 |
| Total debt | 6,690 | 5,621 | 4,536 | 5,276 | 4,984 |
Financial ratios
5-year trendEBITDA margin
11.3 %
20212025
Equity ratio
49.7 %
AverageAround the average of companies in the same industry
20212025
Return on equity
16.6 %
StrongAmong the 40% highest rated companies in the industry
20212025
Net profit margin
6.4 %
StrongAmong the 40% highest rated companies in the industry
20212025
Asset turnover
1.29×
AverageAround the average of companies in the same industry
20212025
Debt / equity
1.01×
AverageAround the average of companies in the same industry
20212025
Sector performance
28 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginAverage
Around the average of companies in the same 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 marginStrong
Among the 40% highest 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 marginStrong
Among the 40% highest 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)Strong
Among the 40% highest 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)Strong
Among the 40% highest 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)Strong
Among the 40% highest 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)Strong
Among the 40% highest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioStrong
Among the 40% highest rated companies in the 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 ratioAverage
Around the average of companies in the same 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.
Quick ratioWeak
Among the 40% lowest rated companies in the industry
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.
Cash ratioVery weak
Among the 10% 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 equityAverage
Around the average of companies in the same 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 capitalAverage
Around the average of companies in the same 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 ratioStrong
Among the 30% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioAverage
Around the average of companies in the same industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioAverage
Around the average of companies in the same industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityAverage
Around the average of companies in the same industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityAverage
Around the average of companies in the same industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtStrong
Among the 40% highest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtAverage
Around the average of companies in the same industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageStrong
Among the 40% highest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtWeak
Among the 40% lowest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginStrong
Among the 40% highest 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.
Inventory turnoverStrong
Among the 30% highest rated companies in the industry
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.
Equity to contributed capitalVery strong
Among the 10% highest 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 equityStrong
Among the 30% highest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtWeak
Among the 30% lowest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
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 (2) | ||
TJ Chief Executive Officer | Chief Executive Officer | 2008 |
TE Deputy Member | Deputy Member | 2018 |
Former (2)
SS | Audit | 2014 – 2022 |
JP | Audit | 2022 – 2023 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
KP Board of Directors | Board of Directors | 2023 |
MM Board of Directors | Board of Directors | 2018 |
OP Chairperson | Chairperson | 2018 |
Former (1)
AK Board of Directors | Board of Directors | 2018 – 2020 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 92.5% | 92.5% | 2023 |
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Related companies
Company hierarchy
Cor Group Oy
Mectalent Oy Board network connections
Board members of Mectalent Oy also hold positions in 180 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Teppo Emil Lindén | Deputy Member | 53 companiesMany roles |
| Olli Pekka Karhi | Chairperson | 43 companiesMany roles |
| Sami Seppo Sakari Posti | Audit | 36 companiesMany roles |
| Jari Petteri Karppinen | Audit | 23 companiesMany roles |
| Arto Kalevi Ylimartimo | Board of Directors | 11 companiesMany roles |
| Tapio Juho Harila | Chief Executive Officer | 5 companies |
| Kimmo Petteri Jokinen | Board of Directors | 5 companies |
| Matti Mikael Ojala | Board of Directors | 4 companies |
Frequently asked questions
What is the Y-tunnus number of Mectalent Oy?
Mectalent Oy is registered with PRH / YTJ under Y-tunnus 0451356-7.
What is the revenue of Mectalent Oy?
Mectalent Oy reported revenue of €17.9m in 2025.
Who is the CEO of Mectalent Oy?
Tapio Juho Harila is the CEO of Mectalent Oy, in role since 2008.
Who is the chairman of Mectalent Oy?
Olli Pekka Karhi chairs the board of Mectalent Oy, in role since 2018.
Where is Mectalent Oy headquartered?
Mectalent Oy's registered address is Veistämötie 15.