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Merus Power Oyj
OYJ
Active
Y-tunnus 2230775-9
Pallotie 2, 33470
Ylöjärvi
Manufacture of other electrical equipment
·
NACE 2790
Est. 2008 · 17 years old
141 employees
www.meruspower.com
Share
Finland
/
Companies
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Manufacture of other electrical equipment
/
Merus Power Oyj
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
EUR millions
70M
52M
35M
17M
0M
2021: 15M
15M
2021
2022: 16M (+7% vs 2021)
16M
+7%
2022
2023: 29M (+81% vs 2022)
29M
+81%
2023
2024: 36M (+24% vs 2023)
36M
+24%
2024
2025: 56M (+56% vs 2024)
56M
+56%
2025
EBITDA
EUR millions
3M
2M
0M
-1M
-2M
2021: 1M
1M
2021
2022: 1M (0% vs 2021)
1M
0%
2022
2023: 0M (-100% vs 2022)
0M
-100%
2023
2024: -1M
-1M
2024
2025: 2M (+300% vs 2024)
2M
+300%
2025
Income statement
EUR thousands
Item
2025
2024
2023
2022
2021
Revenue
55 833
35 834
29 031
16 204
14 770
Staff expenses
−10 273
−7 994
−6 144
−4 496
−2 986
EBITDA
1 761
−791
184
588
826
Depreciation & amort.
−1 457
−1 257
−697
−485
−495
EBIT
304
−2 048
−512
104
331
Net financials
−1 432
−599
−289
−215
−1 328
Profit before tax
−1 128
−2 647
−801
−111
−997
Tax
−0
−0
−0
−0
−0
Net profit
−1 128
−2 647
−801
−111
−997
Balance sheet
EUR thousands
Item
2025
2024
2023
2022
2021
Total assets
29 280
26 703
21 191
24 557
20 302
Equity
10 829
9 525
12 077
12 879
12 989
Long-term debt
5 525
983
1 803
2 499
1 843
Short-term debt
12 737
16 076
7 168
9 010
5 326
Total debt
18 262
17 059
8 971
11 678
7 313
Financial ratios
5-year trend
EBITDA margin
3.2%
This company
15.8%
Market median
This company
Market median
80% below market
2021
2025
Equity ratio
37.0%
This company
38.2%
Market median
This company
Market median
3% below market
2021
2025
Return on equity
-10.4%
This company
18.4%
Market median
This company
Market median
157% below market
2021
2025
Net profit margin
-2.0%
This company
8.1%
Market median
This company
Market median
125% below market
2021
2025
Asset turnover
1.91×
This company
1.12×
Market median
This company
Market median
71% above market
2021
2025
Debt / equity
1.70×
This company
0.62×
Market median
This company
Market median
174% 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 Merus Power Oyj
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
