Mindemo Oy
OYActiveY-tunnus 2544593-8Mannerheimintie 12 A, 00100 HelsinkiMedical specialists activities· NACE 8622Est. 2013 · 13 years old— employeeshttps://www.heltti.fi
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Overview
Mindemo Oy is a Finnish OY based in Helsinki, operating in the Medical specialists activities sector. Incorporated in 2013, the company reported revenue of €11.5m in its latest annual filing.
Revenue 2025
11.5M EUR
+27% vs 2024
EBITDA margin
0.8 %
+115% vs 2024
Net profit 2025
-0.8M EUR
+31% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
26.4 %
WeakAmong the 30% lowest rated companies in the industry
20212025
Liquidity ratioCurrent assets ÷ Short-term debt
0.4×
Very weakAmong the 10% lowest rated companies in the industry
20212025
Return on assets (ROA)Net profit ÷ Total assets × 100
-14.5 %
Very weakAmong the 20% lowest rated companies in the industry
20212025
EBITDA — year on year
EUR thousandsKey figures
Annual report 2025| Revenue | 11.5M EUR | +27% |
| EBITDA | 0.1M EUR | +115% |
| Net profit | -0.8M EUR | +31% |
| Total assets | 5.8M EUR | -11% |
| Equity | 1.5M EUR | -36% |
| Employees | — | — |
Company information
Legal name
Mindemo Oy
Y-tunnus number
2544593-8
Legal form
Osakeyhtiö
NACE code
Founded
16 April 2013 · 13 years
Share capital
EUR 3,000
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 toimiala on yhtiön varallisuuden hallinnointi, osakkeiden omistaminen sekä hallinto- ja asiantuntijapalveluiden tuottaminen tytäryhtiöille.
(no translation available)
Contact
Address
Mannerheimintie 12 A, 00100 Helsinki
Website
https://www.heltti.fi
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Financial development
In its most recent annual report (2025), Mindemo Oy reported revenue of €11.5m, an increase of 27% 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 €847.2k, and the EBITDA margin stood at 0.8%.
At the end of 2025, equity financed 26.4% of the balance sheet, and current assets covered short-term debt 0.4 times.
Financials
Revenue
EUR millionsEBITDA
EUR thousandsIncome statement
EUR thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 11,524 | 9,043 | 0 | 8,714 | 7,487 |
| Staff expenses | -4,983 | -5,380 | -0 | -5,030 | -4,416 |
| EBITDA | 94 | -640 | 0 | -306 | -155 |
| Depreciation & amort. | -773 | -437 | -0 | -562 | -537 |
| EBIT | -680 | -1,077 | 0 | -868 | -692 |
| Net financials | -168 | -148 | 0 | -81 | -54 |
| Profit before tax | -847 | -1,225 | 0 | -774 | -746 |
| Tax | -0 | -0 | -0 | -1 | -0 |
| Net profit | -847 | -1,225 | 0 | -773 | -746 |
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Balance sheet
EUR thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 5,828 | 6,544 | 0 | 6,855 | 6,660 |
| Equity | 1,536 | 2,384 | 1,992 | 2,862 | 3,637 |
| Long-term debt | 1,334 | 1,611 | 1,469 | 1,714 | 1,369 |
| Short-term debt | 2,958 | 2,550 | 2,612 | 2,278 | 1,655 |
| Total debt | 4,292 | 4,160 | 4,081 | 3,992 | 3,024 |
Financial ratios
5-year trendEBITDA margin
0.8 %
20212025
Equity ratio
26.4 %
WeakAmong the 30% lowest rated companies in the industry
20212025
Return on equity
-55.2 %
Very weakAmong the 10% lowest rated companies in the industry
20212025
Net profit margin
-7.4 %
Very weakAmong the 20% lowest rated companies in the industry
20212025
Asset turnover
1.98×
AverageAround the average of companies in the same industry
20212025
Debt / equity
2.79×
Very weakAmong the 20% lowest rated companies in the industry
20212025
Sector performance
27 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery weak
Among the 20% 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 marginVery weak
Among the 20% 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 10% 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 10% 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)Very weak
Among the 20% 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 ratioVery weak
Among the 20% 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 10% 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 40% 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 weak
Among the 10% lowest 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 30% 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 30% 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 equityVery weak
Among the 20% 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 equityVery weak
Among the 20% 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 debtVery weak
Among the 20% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtWeak
Among the 30% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageWeak
Among the 30% 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 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 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 equityVery weak
Among the 20% lowest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtAverage
Around the average of companies in the same 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 (2) | ||
TL Person with significant control | Person with significant control | 2026 |
HJ Person with significant control | Person with significant control | 2026 |
Former (9)
JA Chief Executive Officer | Chief Executive Officer | 2025 – 2026 |
TJ Chief Executive Officer | Chief Executive Officer | 2013 – 2023 |
LJ Person with significant control | Person with significant control | 2025 – 2026 |
MJ | Audit | 2017 – 2023 |
KM Chief Executive Officer | Chief Executive Officer | 2023 – 2025 |
JP Person with significant control | Person with significant control | 2018 – 2021 |
HV Person with significant control | Person with significant control | 2020 – 2026 |
TP Person with significant control | Person with significant control | 2018 – 2026 |
JR Person with significant control | Person with significant control | 2018 – 2020 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
MM Board of Directors | Board of Directors | 2023 |
TJ Chairperson | Chairperson | 2023 |
HM Board of Directors | Board of Directors | 2021 |
Former (8)
LM Board of Directors | Board of Directors | 2020 – 2023 |
TL Board of Directors | Board of Directors | 2017 – 2019 |
MK Board of Directors | Board of Directors | 2019 – 2021 |
KP Chairperson | Chairperson | 2017 – 2023 |
KA Board of Directors | Board of Directors | 2017 – 2019 |
JT Board of Directors | Board of Directors | 2019 – 2025 |
VV Board of Directors | Board of Directors | 2017 – 2021 |
PJ Board of Directors | Board of Directors | 2017 – 2020 |
Shareholders
Active legal ownersNo shareholder data available.
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Related companies
Company hierarchy
Mindemo Oy 
Filosofian Akatemia OyBoard network connections
Board members of Mindemo Oy also hold positions in 102 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Timo Juhani Lappi | Chief Executive Officer | 16 companiesMany roles |
| Kaj Peter Hagros | Chairperson | 11 companiesMany roles |
| Kati Maria Sulin | Chief Executive Officer | 8 companiesMany roles |
| Henri Johannes Antila | Person with significant control | 7 companiesMany roles |
| Janne Tero Tapio Tuomikoski | Board of Directors | 7 companiesMany roles |
| Veera Viktoria Marianne Vikkula | Board of Directors | 7 companiesMany roles |
| Pertti Juhani Korhonen | Board of Directors | 7 companiesMany roles |
| Kim Andreas Groop | Board of Directors | 6 companiesMany roles |
| Tanja-Tuulia Lappi | Person with significant control | 5 companies |
| Heini Maria Pirttijärvi | Board of Directors | 5 companies |
| Lauri Juhani Kosloff | Person with significant control | 4 companies |
| Markku Juhani Katajisto | Audit | 4 companies |
| Minna Marika Elomaa | Board of Directors | 4 companies |
| Laura Marita Raitio | Board of Directors | 4 companies |
| Jere Antero Syvänne | Chief Executive Officer | 2 companies |
| Henrik Viljo Mikael Skyttä | Person with significant control | 2 companies |
| Juha Pekka Nieminen | Person with significant control | 1 company |
| Tero Peter Laitinen | Person with significant control | 1 company |
| Jukka Reijo Lauri Pitkänen | Person with significant control | 1 company |
Frequently asked questions
What is the Y-tunnus number of Mindemo Oy?
Mindemo Oy is registered with PRH / YTJ under Y-tunnus 2544593-8.
What is the revenue of Mindemo Oy?
Mindemo Oy reported revenue of €11.5m in 2025.
Who is the chairman of Mindemo Oy?
Timo Juhani Lappi chairs the board of Mindemo Oy, in role since 2023.
Where is Mindemo Oy headquartered?
Mindemo Oy's registered address is Mannerheimintie 12 A.