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VT Elementtiasennus Oy
OY
Active
Y-tunnus 2903568-8
Pikkulotankuja 4-F9
Construction of residential and non-residential buildings · NACE 4100
Est. 2018
3 employees
www.vt-elementtiasennus.fi
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Overview
Financials
People & ownership
Related companies
Revenue 2024
EUR 701K
+20% vs 2023
EBITDA margin
6.6%
+175% vs 2023
Equity ratio
12.1%
Financial strength
Net profit 2024
EUR 11K
+112% vs 2023
EBITDA — year on year
EUR millions
0M
-0M
-1M
-1M
-1M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
EUR 701K
+20%
EBITDA
EUR 46K
+175%
Net profit
EUR 11K
+112%
Total assets
EUR 198K
+47%
Equity
EUR 24K
+17887%
Employees
3
—
Company information
Legal name
VT Elementtiasennus Oy
Y-tunnus number
2903568-8
Legal form
Osakeyhtiö
NACE code
4100 · Construction of residential and non-residential buildings
Founded
16. maaliskuuta 2018
Share capital
EUR 2 520
Employees
3 (FTE)
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Hallituksen jäsenet ja toimitusjohtaja kukin yksin
Company purpose
Yleistoimiala
Contact
Address
Pikkulotankuja 4-F9
Email
toimisto@vt-elementtiasennus.fi
Website
www.vt-elementtiasennus.fi
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Companies in Construction of residential and non-residential buildings
Companies in Espoo
All Finland companies
Revenue
EUR millions
0M
0M
1M
1M
1M
0M
2020
1M
2021
1M
2022
1M
2023
1M
2024
EBITDA
EUR millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
EUR thousands
Item
2020
2021
2022
2023
2024
Revenue
382
920
996
582
701
Staff expenses
−248
−145
−296
−395
−237
EBITDA
17
41
58
−62
46
Depreciation & amort.
−11
−8
−10
−8
−10
EBIT
6
33
48
−69
36
Net financials
−1
−5
−13
−15
−26
Profit before tax
5
28
35
79
10
Tax
−0
6
6
2
−1
Net profit
5
22
29
−86
11
Balance sheet
EUR thousands
Item
2020
2021
2022
2023
2024
Total assets
92
306
184
135
198
Equity
18
40
69
0
24
Long-term debt
37
43
78
25
6
Short-term debt
37
223
37
110
168
Total debt
74
266
115
135
174
Financial ratios
5-year trend
EBITDA margin
6.6%
This company
15.8%
Market median
-58% vs market
2020
2024
Equity ratio
12.1%
This company
38.2%
Market median
-68% vs market
2020
2024
Return on equity
44.3%
This company
18.4%
Market median
+141% vs market
2020
2024
Net profit margin
1.5%
This company
8.1%
Market median
-81% vs market
2020
2024
Asset turnover
3.55×
This company
1.12×
Market median
+217% vs market
2020
2024
Debt / equity
7.27×
This company
0.62×
Market median
-1073% vs market
2020
2024
Annual reports & filings
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
Annual report 2020
Filed via PRH / YTJ · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
VP
Vahur Palk
Chief Executive Officer
Chief Executive Officer
2018
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
TR
Toomas Raha
Chairperson
2018
Former (1)
MM
Marnet Mölder
Board of Directors
2018 – 2022
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of VT Elementtiasennus Oy also hold positions in
0
other companies.
Person
Role here
Other companies
Vahur Palk
Chief Executive Officer
0 companies
Marnet Mölder
Board of Directors
0 companies
Toomas Raha
Chairperson
0 companies