Terramare Oy

Terramare Oy

Terramare Oy is a Finnish limited company (Oy), listed in the Finnish Trade Register since 12.10.1988. Primary activity is construction of water projects (TOL 42910). The company is located in Espoo.

Founded 12.10.1988 Limited company (Oy) Espoo, 02150 110 employees terramare.boskalis.com/fi
Construction of water projects

Overview

Revenue
27,4 M€
2024
Employees
110
2024
Operating profit
-936526 €
-3.4% margin
2024
Equity ratio
35.5%
2024

About the company

Terramare Oy is a Finnish limited company (Oy), listed in the Finnish Trade Register since 12.10.1988. Primary activity is construction of water projects (TOL 42910). The company is located in Espoo.

Basic data

Business name
Terramare Oy
Registry code
0718358-3
Legal form
Limited company (Oy)
Status
Active
First registration
12.10.1988
Address
Keilaranta, 02150, Espoo
Primary activity (TOL)
42910 – Construction of water projects

Financials

Revenue trend

60,0 M€ 2020 54,4 M€ 2021 63,9 M€ 2022 35,7 M€ 2023 27,4 M€ 2024

Annual reports

  2020 2021 2022 2023 2024
Revenue 60,0 M€ 54,4 M€ 63,9 M€ 35,7 M€ 27,4 M€
Operating profit 1,2 M€ 1,8 M€ 2,6 M€ -208636 € -936526 €
Op. margin 2 % 3.2 % 4.1 % -0.6 % -3.4 %
Growth +8.2 % -9.3 % +17.4 % -44.1 % -23.1 %
Equity ratio 40.8 % 36.7 % 38.0 % 35.5 % 35.5 %
Employees 154 140 132 132 110
Balance sheet 48,0 M€ 53,8 M€ 58,8 M€ 50,2 M€ 48,2 M€

Tax data 2020–2023

  2020 2022 2023
Taxable income 0 € 2,9 M€ 12,5 M€
Tax assessed 21 k€ 576 k€ 2,5 M€
Effective tax rate 20.1 % 20.11 %
Tax refund 2 k€
Back-tax owed 21 k€ 120 k€

Source: official public tax records.

Board and representatives

Active people registered in the official company register, by role.

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Location on map

The company's registered location: Espoo.

About Terramare Oy

Terramare Oy (Business ID 0718358-3) is a Finnish limited company (Oy), registered in the Trade Register on 12.10.1988. Latest reported revenue is 27,4 M€ (2024), with about 110 employees, based in Espoo.

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Frequently asked questions

What is the Business ID of Terramare Oy?
The Business ID of Terramare Oy is 0718358-3.
When was Terramare Oy founded?
Terramare Oy has been listed in the Finnish Trade Register since 12.10.1988, making the company about 38 years old.
What is Terramare Oy's revenue?
The latest reported revenue of Terramare Oy was 27,4 M€ in 2024.
How many employees does Terramare Oy have?
According to the latest public annual report filings, Terramare Oy has approximately 110 employees.
Where is Terramare Oy located?
Terramare Oy is registered at Keilaranta, 02150, Espoo.
What is the primary activity of Terramare Oy?
The primary activity of Terramare Oy is construction of water projects (industry code 42910).

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