Mitta Engineering Oy
OYDissolvedY-tunnus 3268431-2Typpitie 1, 90620 OuluEngineering activities and related technical consultancy· NACE 7112Est. 2022 · 4 years old9 employees
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Riskpilot← Back to searchSign inGet full accessMitta Engineering Oy is a Finnish OY based in Oulu, operating in the Engineering activities and related technical consultancy sector. Incorporated in 2022, the company has 9 employees and reported revenue of €1.5m in its latest annual filing.
| Revenue | 1.5M EUR | -41% |
| EBITDA | -0.1M EUR | +11% |
| Net profit | -0.3M EUR | -40% |
| Total assets | 0.5M EUR | -77% |
| Equity | -0.8M EUR | -74% |
| Employees | 9 | — |
In its most recent annual report (2025), Mitta Engineering Oy reported revenue of €1.5m, a decrease of 41% on the year before. The figures on this page draw on 3 annual filings covering 2023 to 2025. The bottom line showed a net loss of €335.6k, and the EBITDA margin stood at -8.8%.
At the end of 2025, current assets covered short-term debt 0.2 times.
| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | 1,495 | 2,546 | 1,719 |
| Staff expenses | -735 | -1,037 | -1,125 |
| EBITDA | -132 | -149 | -485 |
| Depreciation & amort. | -149 | -156 | -149 |
| EBIT | -281 | -305 | -634 |
| Net financials | -55 | -60 | -59 |
| Profit before tax | -336 | -239 | -216 |
| Tax | -0 | -0 | 0 |
| Net profit | -336 | -239 | -216 |
| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total assets | 484 | 2,091 | 2,275 |
| Equity | -791 | -455 | -216 |
| Long-term debt | 0 | 28 | 0 |
| Short-term debt | 1,275 | 2,518 | 2,491 |
| Total debt | 1,275 | 2,546 | 2,491 |
28 financial ratios from the latest filing, each graded against 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.
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.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Net profit as a percentage of total assets — the return generated on the capital employed.
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
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.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
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.
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 relative to short-term debt — the ability to repay short-term obligations with cash alone.
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
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 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.
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA relative to debt — how much operating earnings are available to service the debt.
The ability to pay the interest on the company's debt out of its earnings.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
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.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Revenue relative to total assets — the ability to generate revenue from the asset base.
The size of this year's increase or decrease in the company's debt.
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.
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
The size of this year's increase or decrease in the company's equity.
| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
AM Confidential Clerk | Confidential Clerk | 2022 |
TS Confidential Clerk | Confidential Clerk | 2023 |
AA Confidential Clerk | Confidential Clerk | 2023 |
VP Audit | Audit | 2022 – 2023 |
TT Confidential Clerk | Confidential Clerk | 2022 – 2025 |
AM Chief Executive Officer | Chief Executive Officer | 2022 – 2024 |
| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
TI Chairperson | Chairperson | 2022 |
VO Board of Directors | Board of Directors | 2024 |
IA Board of Directors | Board of Directors | 2024 |
MA Board of Directors | Board of Directors | 2022 – 2024 |
JM Board of Directors | Board of Directors | 2024 – 2025 |
AM Board of Directors | Board of Directors | 2022 – 2024 |
JJ Board of Directors | Board of Directors | 2024 – 2024 |
No shareholder data available.
| Person | Role here | Other companies |
|---|---|---|
| Vesa Pekka Alatalo | Audit | 120 companiesMany roles |
| Timo Ilmari Hyvönen | Chairperson | 52 companiesMany roles |
| Ilkka Antti Juhani Starck | Board of Directors | 39 companiesMany roles |
| Ville Olavi Kulmala | Board of Directors | 29 companiesMany roles |
| Aki Markku Ensio Puska | Chief Executive Officer | 12 companiesMany roles |
| Anne Maarit Antson | Confidential Clerk | 9 companiesMany roles |
| Anita Annu Elisabet Härkönen | Confidential Clerk | 9 companiesMany roles |
| Janne Juhani Laakso | Board of Directors | 9 companiesMany roles |
| Jari Matti Lappi | Board of Directors | 8 companiesMany roles |
| Tuija Susanna Saijonkivi | Confidential Clerk | 2 companies |
| Mikko Antero Ilmonen | Board of Directors | 2 companies |