LVI Nikki & Toppila Oy

What LVI Nikki & Toppila Oy does

LVI Nikki & Toppila Oy is a privately held Finnish HVAC (LVI – heating, plumbing, and ventilation) contracting company headquartered in Raahe, Finland. Founded in 2010 and incorporated as a limited company (osakeyhtiö) in 2012 under business ID 2324356-6, the company employs approximately 20 LVI professionals and operates across Northern Finland, with its core service territory covering the Raahen and Oulu regions and more recent project wins extending into Sodankylä and Saariselkä. Its customer base spans private consumers (homeowners, cabin owners), housing cooperatives (taloyhtiöt), construction companies (rakennusliikkeet), and public-sector clients including healthcare (Pohte), research (LUKE Ruukki), and municipal/parish entities (Raahen seurakunta).

The company's revenue is generated across four streams: (1) LVI contracting for new construction and renovation projects, encompassing design, prefabrication, and installation; (2) heat pump sales and installation spanning Daikin (Premium Partner) and GREE brands across air-source, ground-source, water-to-air, and exhaust air variants; (3) maintenance, repair, and 24/7 emergency dispatch billed at published hourly rates; and (4) resale of LVI supplies and fixtures as a local dealer. Pricing is quote-based for project work, while heat pumps and consumer labor rates are transparently published online, including a self-service LVI cost calculator for single-family home builders. A key technical differentiator is 3D modeling of LVI systems combined with off-site prefabrication, which reduces on-site installation time and avoids clashes with other building systems.

LVI Nikki & Toppila combines direct field sales for B2B contracting projects with inside sales and a product-led self-service funnel for consumers. The company has documented 151 reference projects and reports serving 500+ customers over its 15+ year history. Financial disclosure indicates revenue of approximately €5 million for fiscal year 2025–2026 (ended February 2026) with operating profit near breakeven, alongside management commentary citing a strong order backlog entering FY 2026–2027. Strategic positioning centers on local presence, technical execution (3D modeling and prefabrication), and long-term embedded relationships with housing cooperatives and regional builders, rather than on technology differentiation, AI, or geographic expansion beyond Northern Finland.

Name

LVI Nikki & Toppila Oy

Legal name

LVI Nikki & Toppila Oy

Website

https://lvinikkitoppila.fi

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

1–10 employees

Short description

LVI Nikki & Toppila Oy is a Raahen, Finland-based HVAC (LVI) contracting company serving consumers, housing cooperatives, construction firms, and public-sector clients across Northern Finland with heat pump installation, new construction, renovation, and 24/7 maintenance services.

Ownership category

akta.pro rank

Product category

HVAC Contracting and Plumbing Services

NAICS

Plumbing, Heating, and Air-Conditioning Contractors (238220), Plumbing, Heating, and Air-Conditioning Contractors (23822)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)

akta.pro primary industry

HVAC & Refrigeration Contracting (IMAFALAB)

akta.pro secondary industries

HVAC Installation, Service & Repair (IMAIABAA), Emergency HVAC Repair (24/7) (HSAOAHAC), HVAC Service, Maintenance & Repair (BPABACAA)

Keywords

• HVAC contracting services
• Heat pump installation
• Plumbing and heating
• Ventilation systems
• Building services engineering

Headquarters

HQ city

Raahe

HQ country

Finland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. LVI-urakointi (LVI Contracting): Full-scope LVI contracting for new construction (single-family homes, apartment buildings, commercial) and renovation projects, from planning through commissioning. Primary revenue driver, covering design, prefabrication, and installation.
2. Lämpöpumppuasennukset (Heat Pump Sales & Installation): Sale and installation of heat pump systems (air-to-air, ground source, exhaust air, water-to-air) for residential and commercial customers. Revenue includes both product margin and installation service.
3. Huolto- ja korjauspalvelut (Maintenance & Repair): Hourly-rate maintenance and repair services including plumbing, water damage response, and heat pump servicing. Includes 24/7 emergency dispatch service.
4. LVI-tarvikkeet (LVI Supplies): Resale of LVI materials and fixtures (water fixtures, piping, etc.) as a local reseller for several quality suppliers.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

LVI Nikki & Toppila Oy is an HVAC (LVI) contracting company based in Raahe, Finland, that installs heating, plumbing, and ventilation systems for new construction, renovation, and maintenance projects. The company sells and installs heat pump systems (Daikin and GREE brands) and offers full-scope LVI contracting services from 3D design and prefabrication through commissioning for residential, commercial, and public sector clients across Northern Finland.

Product overview

LVI Nikki & Toppila Oy is a Raahen, Finland-based HVAC (LVI) contracting company serving private consumers, housing companies, and construction firms across Northern Finland (Raahen and Oulu regions). The company was founded in 2010, employs approximately 20 professionals, and generated roughly EUR 5 million in revenue (FY 2025–2026). Its product and service portfolio centers on heat pump sales and installation — spanning air-source (Daikin Comfora N25/N35, Perfera N30, Sensira Cool 25/35, Stylish Cool 25; GREE Bora 35, Pular Nordic 35 A/W, SP-X Nordic 25/35 A/W), ground-source, air-to-water, and exhaust air heat pumps — alongside new construction LVI contracting, housing company renovation projects (pipe replacement, heating system upgrades, ventilation refurbishment), and 24/7 maintenance services. A key differentiator is the company's 3D modeling and prefabrication capability, which enables pre-installation planning and faster on-site execution, reducing cost overruns and scheduling conflicts for construction clients. The company is a Daikin Premium Partner.

Differentiator

Problem solved

Functional benefit

Products and services

• Heat Pump Systems (Lämpöpumput) Installation of various heat pump systems (air-to-air, ground source, exhaust air, water-to-air) for residential and commercial customers in the Raahen and Oulu regions. Financing is arranged for energy investments when needed. Includes both Daikin and GREE brands and other brands on request.
• New Construction LVI Contracting (Uudisrakentaminen) Modern LVI contracting for residential buildings from single-family homes to public buildings, covering the full cycle from planning to commissioning. Acts as a local reseller for several quality LVI supplies and fixtures providers.
• Residential Consumer Services (Kuluttaja-asiakkaat) Comprehensive LVI services for private customers and households including maintenance, renovations, heat pump installations, and efficient water pipe replacements, often completed in a single day.
• Housing Company Services (Taloyhtiöt) Complete housing company LVI services including pipe replacements, heating renovations, ventilation system refurbishments, and heat source conversions (ground source, district heating). Includes 24/7 emergency maintenance.
• Maintenance, Repair and 24/7 Emergency Service (Huolto- ja korjauspalvelut) Hourly-rate maintenance and repair services including plumbing, water damage response, and heat pump servicing. Includes a 24/7 emergency dispatch service for urgent issues.
• 3D Modeling and Prefabrication (3D-mallinnus ja esivalmistus) Proprietary 3D modeling and prefabrication process used across LVI design and installation. LVI systems are modeled in 3D before installation, with piping, ducts, and equipment fitted to structures and other building systems in advance. Prefabricated components are manufactured off-site to speed up installation and improve accuracy.

Named customers12 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Raahen seurakunta (Raahen Parish)coreStrategic or Co-development Partner · 1 January 2026LVI Nikki & Toppila signed an LVI maintenance contract with Raahen seurakunta at the beginning of 2026, following an open competitive tendering process. This demonstrates recognition of the company's quality and reliability in public procurement, providing recurring maintenance revenue.
• Daikin (Premium Partner)coreChannel Partner/ Reseller/ DistributorLVI Nikki & Toppila is an authorized Daikin Premium Partner. As a Premium Partner, they sell and install Daikin heat pumps with full service from installation to maintenance. Daikin is a Japanese heat pump manufacturer and one of the world's largest in the category. The partnership enables the company to offer premium products backed by manufacturer support.
• Woodcomp Modules OyminorStrategic or Co-development PartnerLVI Nikki & Toppila delivered a comprehensive LVI package for Woodcomp Modules Oy's vacation house modules, including design, prefabrication, factory installation, and on-site connections. This project showcases the company's prefabrication capability applied to modular/industrial construction.
• Puroila-talot Oy (Puroila Oy)coreStrategic or Co-development PartnerPuroila-talot is a long-term LVI contracting partner since 2012. The construction company specializes in quality residential construction in the Oulu region. LVI Nikki & Toppila provides all LVI work for Puroila's projects, including housing fair projects. The relationship is characterized by mutual trust, reliable scheduling, and collaborative problem-solving.
• GREE (Authorized Dealer)coreChannel Partner/ Reseller/ DistributorLVI Nikki & Toppila is an authorized GREE dealer, offering GREE heat pumps (Bora, Pular Nordic, SP-X Nordic series) as part of their heat pump portfolio. GREE products complement the Daikin range with budget-friendly options for cooling-only and Nordic heating applications.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Consti Talotekniikka: Finnish building technology contractor specializing in HVAC, plumbing, and electrical renovation services, particularly for housing companies and residential properties. Closest comparable peer in terms of service portfolio, customer focus on taloyhtiöt, and renovation-heavy project mix.
• Are Group: Finnish building technology specialist providing HVAC, electrical, and automation services for construction and renovation projects. Comparable as a domestic LVI/building services contractor with similar project mix and customer base.

Others

• NIBE Energy Systems: Swedish heat pump manufacturer with a strong Nordic distribution and installation network. Comparable as a heat pump supplier/installer in the Nordic market; indirect competitor for heat pump installation services rather than a direct contracting peer.
• Daikin: Japanese global leader in HVAC and heat pump manufacturing and a partner (Premium Partner) of the subject company. Comparable as a heat pump brand present in the Finnish market via its partner/install network; an enabling/partner relationship rather than a direct contracting competitor.
• Uponor: Finnish-headquartered provider of plumbing and indoor climate solutions (radiant heating, piping, HVAC distribution). Comparable as a Finnish supplier whose products are used in LVI installations, though not a direct contracting competitor.

Broad incumbents

• Caverion: Major Nordic-based provider of HVAC, building automation, and technical facility services with strong Finnish presence. Comparable as a provider of heating, plumbing, and ventilation contracting services to commercial, industrial, and residential customers across the Nordics, though operating at much larger scale.
• Bravida: Leading Nordic installer of HVAC, electrical, and plumbing services with significant operations in Finland. Directly comparable service offering (heating, ventilation, plumbing contracting) for residential and commercial customers across the Nordics.
• NCC: Nordic construction and real estate development company with HVAC and building services as part of its portfolio. Comparable as a Nordic construction services provider with overlapping mechanical and plumbing capabilities.
• Lemminkäinen (now part of YIT): Historically a major Finnish construction and infrastructure company with HVAC capabilities, now integrated into YIT. Mentioned as a relevant Northern European incumbent with LVI/building services overlap.
• YIT: Major Finnish construction and development company that includes HVAC and building services as part of broader construction delivery. Comparable as a Finnish construction counterpart with overlapping LVI capabilities, though it operates at much larger scale and as a general contractor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/lvi-nikki-&-toppila-oy

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LVI Nikki & Toppila Oy