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Piikkio Works Oy
OY
Active
Y-tunnus 1736847-7
Kolamäentie 2, 21500
Piikkiö
Building of civilian ships and floating structures
·
NACE 3011
Est. 2001 · 24 years old
— employees
www.piikkioworks.fi
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Companies
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Building of civilian ships and floating structures
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Piikkio Works Oy
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
EUR millions
146M
109M
73M
36M
0M
2021: 56M
56M
2021
2022: 117M (+109% vs 2021)
117M
+109%
2022
2023: 59M (-50% vs 2022)
59M
-50%
2023
2024: 108M (+83% vs 2023)
108M
+83%
2024
2025: 113M (+5% vs 2024)
113M
+5%
2025
EBITDA
EUR millions
15M
11M
7M
4M
0M
2021: 2M
2M
2021
2022: 3M (+50% vs 2021)
3M
+50%
2022
2023: 2M (-33% vs 2022)
2M
-33%
2023
2024: 12M (+500% vs 2023)
12M
+500%
2024
2025: 11M (-8% vs 2024)
11M
-8%
2025
Income statement
EUR thousands
Item
2025
2024
2023
2022
2021
Revenue
113 057
108 480
59 395
117 428
55 964
Staff expenses
−9 181
−8 918
−8 013
−8 000
−6 609
EBITDA
11 270
12 128
1 931
2 718
2 479
Depreciation & amort.
−1 257
−1 418
−1 633
−1 851
−1 847
EBIT
10 013
10 710
298
867
631
Net financials
123
124
301
−19
−12
Profit before tax
844
21 076
599
847
619
Tax
−0
20 483
−0
0
−0
Net profit
844
593
599
847
619
Balance sheet
EUR thousands
Item
2025
2024
2023
2022
2021
Total assets
86 374
39 223
51 046
44 594
67 403
Equity
5 875
5 030
0
3 839
2 992
Long-term debt
0
0
0
4
16
Short-term debt
77 052
30 324
0
36 695
61 232
Total debt
77 052
30 324
0
40 756
64 411
Financial ratios
5-year trend
EBITDA margin
10,0 %
This company
15,8 %
Market median
This company
Market median
37% below market
2021
2025
Equity ratio
6,8 %
This company
38,2 %
Market median
This company
Market median
82% below market
2021
2025
Return on equity
14,4 %
This company
18,4 %
Market median
This company
Market median
22% below market
2021
2025
Net profit margin
0,7 %
This company
8,1 %
Market median
This company
Market median
91% below market
2021
2025
Asset turnover
1,31×
This company
1,12×
Market median
This company
Market median
17% above market
2021
2025
Debt / equity
13,70×
This company
0,62×
Market median
This company
Market median
>999% above market
2021
2025
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
More on Piikkio Works Oy
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network