Skip to content
Riskpilot
← Back to search
Sign in
Sign in
Get full access
Polartherm Oy
OY
Active
Y-tunnus 1438602-0
Polarintie 1, 29100
Luvia
Manufacture of ovens, furnaces and permanent household heating equipment
·
NACE 2821
Est. 1997 · 28 years old
41 employees
Share
Finland
/
Companies
/
Manufacture of ovens, furnaces and permanent household heating equipment
/
Polartherm Oy
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
EUR millions
16M
12M
8M
4M
0M
2021: 8M
8M
2021
2022: 12M (+50% vs 2021)
12M
+50%
2022
2023: 13M (+8% vs 2022)
13M
+8%
2023
2024: 12M (-8% vs 2023)
12M
-8%
2024
2025: 9M (-25% vs 2024)
9M
-25%
2025
EBITDA
EUR millions
2M
2M
1M
1M
0M
2021: 1M
1M
2021
2022: 2M (+100% vs 2021)
2M
+100%
2022
2023: 2M (0% vs 2022)
2M
0%
2023
2024: 2M (0% vs 2023)
2M
0%
2024
2025: 0M (-100% vs 2024)
0M
-100%
2025
Income statement
EUR thousands
Item
2025
2024
2023
2022
2021
Revenue
8 894
12 183
12 663
11 842
7 567
Staff expenses
−1 870
−2 068
−2 089
−1 984
−1 595
EBITDA
307
1 531
1 708
1 512
821
Depreciation & amort.
−43
−34
−44
−45
−47
EBIT
264
1 497
1 664
1 467
774
Net financials
65
4
−4
−9
−12
Profit before tax
25
28
30
331
190
Tax
0
−0
−0
282
148
Net profit
25
28
30
49
42
Balance sheet
EUR thousands
Item
2025
2024
2023
2022
2021
Total assets
7 015
7 624
7 603
6 894
5 586
Equity
713
689
660
631
581
Long-term debt
5 533
607 370
5 369
4 559
3 972
Short-term debt
767
861
1 574
1 704
1 033
Total debt
6 300
6 935
6 943
6 263
5 005
Financial ratios
5-year trend
EBITDA margin
3,5 %
This company
15,8 %
Market median
This company
Market median
78% below market
2021
2025
Equity ratio
10,2 %
This company
38,2 %
Market median
This company
Market median
73% below market
2021
2025
Return on equity
3,5 %
This company
18,4 %
Market median
This company
Market median
81% below market
2021
2025
Net profit margin
0,3 %
This company
8,1 %
Market median
This company
Market median
96% below market
2021
2025
Asset turnover
1,27×
This company
1,12×
Market median
This company
Market median
13% above market
2021
2025
Debt / equity
8,83×
This company
0,62×
Market median
This company
Market median
>999% above market
2021
2025
Annual reports & filings
Annual report 2025
Filed via PRH / YTJ · Period 2024-04-01 – 2025-03-31
View
PDF
Annual report 2024
Filed via PRH / YTJ · Period 2023-04-01 – 2024-03-31
View
PDF
Annual report 2023
Filed via PRH / YTJ · Period 2022-05-01 – 2023-03-31
View
PDF
Annual report 2022
Filed via PRH / YTJ · Period 2021-05-01 – 2022-04-30
View
PDF
Annual report 2021
Filed via PRH / YTJ · Period 2020-05-01 – 2021-04-30
View
PDF
More on Polartherm Oy
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network