Kuusamo Hirsitalot Oy’s (Kuusamo Log Houses) financial statements for 2025 have been finalised. The company’s turnover was 11 million euros and its operating profit was 307,000 euros. Our company continued to perform strongly financially.
Kuusamo Log Houses’ financial statements for 2025
Kuusamo Log Houses’ turnover remained at the previous year’s level, standing at 11 million euros in 2025. The company’s operating profit, 307,000 euros, was also on a par with the previous year. This positive operating profit reinforces our stable financial position.
– As in previous years, we had to continue adjusting our operations, and as a result, our operating profit remained positive. Thank you to our staff and representatives; they have once again done a great job, says Arto Orjasniemi, Managing Director of Kuusamo Log Houses.
Our company’s key financial indicators
A company’s financial stability can be assessed, for example, through its equity ratio and liquidity. For Kuusamo Log Houses, the key financial indicators inspire confidence. According to Suomen Asiakastieto Oy, the company’s equity ratio is 81.6 per cent. The quick ratio, which measures liquidity, is 1.1.* Our equity ratio is at an excellent level and our liquidity is at a good level.
– Our equity ratio and liquidity demonstrate that our company is in an excellent position to meet all our contractual obligations, including those in the longer term in the years to come. Thanks to our strong financial buffers, we have the capacity to invest in developing our operations where necessary, even after these more challenging years. This ensures that we are a reliable partner for our customers and business partners, both now and in the future, said Arto Orjasniemi, commenting on the company’s financial situation.
Outlook for the future
Expectations for 2026 were cautiously positive at the start of the year. However, new crises that emerged during the spring brought uncertainty to the market and to the outlook for the current year.
– At this stage of the year, we have to acknowledge that the positive expectations have not materialised and that uncertainty in the market continues both domestically and in exports, says Arto Orjasniemi.
– The difficult times in the construction sector have not affected our company’s financial stability, and we remain one of the leading companies in the industry. Our customers and partners can look to the future with confidence, confirms Arto Orjasniemi.
*Suomen Asiakastieto Oy, 15 June 2026
What do the equity ratio and quick ratio mean?
Equity ratio
The equity ratio measures a company’s financial strength and its ability to withstand losses, as well as its ability to meet its long-term commitments. This ratio indicates what proportion of a company’s assets is financed by its own funds compared to borrowed capital, such as loans.
According to Osuuspankki, an equity ratio of over 50 per cent is considered excellent, and 30–50 per cent is considered good.
Quick ratio
The quick ratio is a financial indicator that measures a company’s short-term liquidity. It indicates how well a company is able to meet its short-term obligations using readily available liquid assets, such as cash and easily realisable investments. The quick ratio shows how well a company would cope if it had to settle all its short-term liabilities at once. A quick ratio above 1.5 is excellent, whilst a ratio between 1.0 and 1.5 is considered good.
