Nemit Oy

OYActive

Y-tunnus 2451675-7Yliopistonkatu 25 A, 20100 TurkuComputer programming activities· NACE 6210Est. 2012 · 14 years old3,112 employeeshttps://www.willba.app

Overview

Nemit Oy is a Finnish OY based in Turku, operating in the Computer programming activities sector. Incorporated in 2012, the company has 3,112 employees and reported revenue of €396.5k in its latest annual filing.

Revenue 2025

396.5K EUR

+10% vs 2024

EBITDA margin

15.1 %

−25% vs 2024

Net profit 2025

0.1K EUR

-100% vs 2024

Key ratios

See full ratios →

33.5 %

Weak

Among the 40% lowest rated companies in the industry

20212025

0.3×

Very weak

Among the 10% lowest rated companies in the industry

20212025

0.0 %

Average

Around the average of companies in the same industry

20212025

EBITDA — year on year

EUR thousands

Key figures

Annual report 2025

Revenue	396.5K EUR	+10%
EBITDA	60K EUR	-25%
Net profit	0.1K EUR	-100%
Total assets	226.8K EUR	+13%
Equity	76K EUR	0%
Employees	3,112	—

Contact

Address

Yliopistonkatu 25 A, 20100 Turku

Website

https://www.willba.app

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Financial development

In its most recent annual report (2025), Nemit Oy reported revenue of €396.5k, an increase of 10% 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 €90, and the EBITDA margin stood at 15.1%.

At the end of 2025, equity financed 33.5% of the balance sheet, and current assets covered short-term debt 0.3 times.

Financials

Revenue

EUR millions

EBITDA

EUR thousands

Income statement

EUR thousands

Item	2025	2024	2023	2022	2021
Revenue	396	360	38,950	289	335
Staff expenses	-179	-101	-23,145	-253	-358
EBITDA	60	80	-54	-56	-39
Depreciation & amort.	-63	-45	-88	-1	-2
EBIT	-3	35	-55	-57	-41
Net financials	3	-2	-1	-0	-0
Profit before tax	0	33	-56	-57	-41
Tax	-0	-0	-0	-0	-0
Net profit	0	33	-56	-57	-41

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Balance sheet

EUR thousands

Item	2025	2024	2023	2022	2021
Total assets	227	201	57	97	163
Equity	76	76	-16	40	97
Long-term debt	0	0	0	—	—
Short-term debt	151	125	74	57	67
Total debt	151	125	74	57	67

Financial ratios

5-year trend

EBITDA margin

15.1 %

20212025

Equity ratio

33.5 %

Weak

Among the 40% lowest rated companies in the industry

20212025

Return on equity

0.1 %

Weak

Among the 40% lowest rated companies in the industry

20212025

Net profit margin

0.0 %

Weak

Among the 40% lowest rated companies in the industry

20212025

Asset turnover

1.75×

Strong

Among the 40% highest rated companies in the industry

20212025

Debt / equity

1.98×

Weak

Among the 30% lowest rated companies in the industry

20212025

Sector performance

27 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginWeak

Among the 30% lowest 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 40% 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 marginWeak

Among the 40% 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)Weak

Among the 40% 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)Average

Around the average of companies in the same industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Weak

Among the 40% 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 ratioWeak

Among the 40% lowest 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 ratioVery weak

Among the 10% 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.

Quick ratioVery weak

Among the 20% 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 20% 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 10% 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 ratioVery strong

Among the 10% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

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 debtAverage

Around the average of companies in the same 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 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 debtWeak

Among the 30% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginWeak

Among the 40% 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 turnoverStrong

Among the 40% highest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Equity to contributed capitalAverage

Around the average of companies in the same industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityAverage

Around the average of companies in the same industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtWeak

Among the 40% lowest 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 2025
Filed via PRH / YTJ · Period 2025-01-01 – 2025-12-31
View PDF
Annual report 2024
Filed via PRH / YTJ · Period 2024-01-01 – 2024-12-31
View PDF
Annual report 2023
Filed via PRH / YTJ · Period 2023-01-01 – 2023-12-31
View PDF
Annual report 2022
Filed via PRH / YTJ · Period 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via PRH / YTJ · Period 2021-01-01 – 2021-12-31
View PDF

People & ownership

Management

Actively employed in the business

No data on file.

Board of directors

Non-executive oversight

Name	Role	Member since
Current (3)
JE Josia Eliakim Nyman Board of Directors	Board of Directors	2023
FK Frej Kristoffer Bjon Board of Directors	Board of Directors	2016
VM Ville Mika Edvard Vuori Chairperson	Chairperson	2016

Former (1)


IJ Iiro Johannes Linden Board of Directors	Board of Directors	2016 – 2023

Shareholders

Active legal owners

No shareholder data available.

One in three Danish companies experiences fraud

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Nemit Oy hold no positions in other companies.

Frequently asked questions

What is the Y-tunnus number of Nemit Oy?

Nemit Oy is registered with PRH / YTJ under Y-tunnus 2451675-7.

What is the revenue of Nemit Oy?

Nemit Oy reported revenue of €396.5k in 2025.

How many employees does Nemit Oy have?

Nemit Oy employs 3112 people as of the latest annual report.

Who is the chairman of Nemit Oy?

Ville Mika Edvard Vuori chairs the board of Nemit Oy, in role since 2016.

Where is Nemit Oy headquartered?

Nemit Oy's registered address is Yliopistonkatu 25 A 11.