2.40
-1.23%
Close of 9 Nov 2026, in EUR
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About Honkarakenne Oyj
Its shares trade on Nasdaq Helsinki under the ticker HONBS.HE. It has been listed since 4 January 1988. In the fiscal year to 31 December 2025, it reported revenue of €37.2m and a net loss of €4.1m. At that date it held total assets of €21.8m and shareholders' equity of €9.6m.
Honkarakenne Oyj engages in the manufacture of log frame wood houses, holiday homes and public buildings. The company operates under the brand name Honka, and provides timber-constructed houses, using primarily Nordic pinewood. Honkarakenne Oyj operates one mill in Karstula, which is the main facility that manufactures round logs and sawn goods, and contains the logistics center of the Company. As of December 31, 2011, the Company had five subsidiaries in Finland, Germany, France, and Japan. In February 2014, it opened a representative office in Beijing and launched sales in China.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Consumer Discretionary
- Industry
- Household Durables
- Listed since
- 4 Jan 1988
- Employees
- 189
- Website
- honka.fi ↗
Leadership
Pay as last reported
- Mr. Timo KohtamakiChairman of the Board, since 2017
- Mr. Marko SaarelainenPresident, Chief Executive Officer, Member of the Executive Group, since 2009€3,600
- Ms. Maria RistolaVice Chairman of the Board, since 2021
- Mr. Maarit JylhaVice President - Finance, Chief Financial Officer, Member of the Executive Group
- Mr. Petri PerttulaVice President - Operations Global B2B, Member of the Executive Group
- Mr. Juhani SaukkoVice President - Operations Finland B2C, Member of the Executive Group
- Mr. Eino HekaliVice President - Product, Member of the Executive Group
- Mr. Arto HalonenDirector
- Ms. Rose-Mari SaarelainenDirector
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Honka brand is known for Nordic pinewood timber houses in Finland and Europe.
- Honkarakenne operates a main mill in Karstula for round logs and sawn goods production.
- Five subsidiaries in Finland, Germany, France, and Japan support international operations.
Weaknesses
- Limited production capacity at one mill in Karstula may restrict scalability.
- Dependence on Nordic pinewood could lead to supply chain vulnerabilities.
- Only one mill in Karstula might cause logistical challenges for global demand.
Opportunities
- Expansion into China via Beijing representative office since February 2014.
- Growing demand for timber-constructed houses in public building sectors.
- Potential for increased sales in Japan through existing Japanese subsidiary.
Threats
- Competition from other timber house manufacturers in Europe and Asia.
- Economic downturns affecting consumer spending on holiday homes.
- Regulatory changes in European timber construction standards.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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