Kormel Oy is a Finnish OY based in Helsinki, operating in the Residential care activities for persons living with or having a diagnosis of a mental illness or substance abuse sector. Incorporated in 1989, the company reported revenue of 899,3 t. € in its latest annual filing.
In its most recent annual report (2023), Kormel Oy reported revenue of 899,3 t. €, a decrease of 12% on the year before. The figures on this page draw on 5 annual filings covering 2019 to 2023. The bottom line showed a net profit of 197,9 t. €, and the EBITDA margin stood at 28.7%.
At the end of 2023, equity financed 75.5% of the balance sheet, and current assets covered short-term debt 4.2 times.
