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ePassi Payments Oy
OY
Dissolved
Y-tunnus 2090737-1
Linnoitustie 11
Other activities auxiliary to financial services, except insurance and pension funding · NACE 6619
Est. 2007
— employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2021
EUR 188,4M
+119% vs 2020
EBITDA margin
5.4%
+212% vs 2020
Equity ratio
59.0%
Financial strength
Net profit 2021
EUR 7,6M
+320% vs 2020
EBITDA — year on year
EUR millions
0M
3M
6M
9M
13M
3M
2019
3M
0%
2020
10M
+233%
2021
Key figures
Annual report 2021
Revenue
EUR 188,4M
+119%
EBITDA
EUR 10,2M
+212%
Net profit
EUR 7,6M
+320%
Total assets
EUR 38,6M
-12%
Equity
EUR 22,8M
+93%
Employees
—
—
Company information
Legal name
ePassi Payments Oy
Y-tunnus number
2090737-1
Legal form
Osakeyhtiö
NACE code
6619 · Other activities auxiliary to financial services, except insurance and pension funding
Founded
23. tammikuuta 2007
Share capital
—
Employees
—
VAT registered
No
Audit selected
No
Last report
2021-12-31
Financial year
January – December
Contact
Address
Linnoitustie 11
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
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Revenue
EUR millions
0M
54M
108M
162M
216M
73M
2019
86M
2020
188M
2021
EBITDA
EUR millions
0M
3M
6M
9M
12M
3M
2019
3M
2020
10M
2021
Income statement
EUR thousands
Item
2019
2020
2021
Revenue
73 331
85 891
188 378
Staff expenses
−1 199
−2 058
−3 399
EBITDA
3 306
3 276
10 228
Depreciation & amort.
−416
−667
−990
EBIT
2 889
2 609
9 238
Net financials
22
−277
−431
Profit before tax
2 911
2 332
8 807
Tax
584
526
1 215
Net profit
2 327
1 805
7 592
Balance sheet
EUR thousands
Item
2019
2020
2021
Total assets
26 388
43 687
38 637
Equity
4 134
11 802
22 794
Long-term debt
906
152
14 863
Short-term debt
21 349
31 733
980
Total debt
22 255
31 885
15 843
Financial ratios
5-year trend
EBITDA margin
5.4%
This company
15.8%
Market median
-66% vs market
2019
2021
Equity ratio
59.0%
This company
38.2%
Market median
+54% vs market
2019
2021
Return on equity
33.3%
This company
18.4%
Market median
+81% vs market
2019
2021
Net profit margin
4.0%
This company
8.1%
Market median
-51% vs market
2019
2021
Asset turnover
4.88×
This company
1.12×
Market median
+336% vs market
2019
2021
Debt / equity
0.70×
This company
0.62×
Market median
+13% vs market
2019
2021
Annual reports & filings
Annual report 2021
Filed via PRH / YTJ · Period 2020-07-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via PRH / YTJ · Period 2019-07-01 – 2020-06-30
View
PDF
Annual report 2019
Filed via PRH / YTJ · Period 2018-07-01 – 2019-06-30
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
IE
Ilkka Erkki Emil Vairimaa
Audit
Audit
2014
—
—
RA
Risto Antero Virkkala
Chief Executive Officer
Chief Executive Officer
2012
—
—
TJ
Turo Juhani Koila
Audit
Audit
2019
—
—
YE
Yrjö Esa Pekka Rantala
Chief Executive Officer
Chief Executive Officer
2019
—
—
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
MT
Maria Tuulikki Virkkala
Board of Directors
2017
—
—
MB
Matteo Bozzo
Board of Directors
2020
—
—
AW
Alexander Wei Yin
Board of Directors
2017
—
—
SO
Saachi Oza
Board of Directors
2020
—
—
CE
Cyrus Evan Shey
Board of Directors
2020
—
—
RW
Robert Warwick Hetherington
Board of Directors
2020
—
—
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of ePassi Payments Oy also hold positions in
0
other companies.
Person
Role here
Other companies
Ilkka Erkki Emil Vairimaa
Audit
0 companies
Risto Antero Virkkala
Chief Executive Officer
0 companies
Turo Juhani Koila
Audit
0 companies
Yrjö Esa Pekka Rantala
Chief Executive Officer
0 companies
Maria Tuulikki Virkkala
Board of Directors
0 companies
Matteo Bozzo
Board of Directors
0 companies
Alexander Wei Yin
Board of Directors
0 companies
Saachi Oza
Board of Directors
0 companies
Cyrus Evan Shey
Board of Directors
0 companies
Robert Warwick Hetherington
Board of Directors
0 companies