What is the Y-tunnus number of Varaani Works Oy?

Varaani Works Oy is registered with PRH / YTJ under Y-tunnus 2317175-0.

What is the revenue of Varaani Works Oy?

Varaani Works Oy reported revenue of EUR 919K in 2024.

How many employees does Varaani Works Oy have?

Varaani Works Oy employs 12 people as of the latest annual report.

Who is the CEO of Varaani Works Oy?

Teemu Vihtori Suoniemi is Audit of Varaani Works Oy, in role since 2025.

Who is the chairman of Varaani Works Oy?

Olli-Pekka Kulmala chairs the board of Varaani Works Oy, in role since 2018.

Where is Varaani Works Oy headquartered?

Varaani Works Oy's registered address is Sahurintie 7.

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Varaani Works Oy

OYActive

Y-tunnus 2317175-0Sahurintie 7, 37830 AkaaComputer programming activities · NACE 6210Est. 2010 · 16 years old12 employeeswww.varaani.com

Overview Financials People & ownership Related companies

Financials

Revenue

EUR millions

EBITDA

EUR millions

Income statement

EUR thousands

Item	2020	2021	2022	2023	2024
Revenue	311	587	950	985	919
Staff expenses	−372	−499	−867	−900	−806
EBITDA	−171	−31	−80	49	437
Depreciation & amort.	−187	−117	−1	−1	−1
EBIT	−357	−147	−82	48	436
Net financials	−56	−4	−9	−106	−16
Profit before tax	−413	−151	−90	−58	419
Tax	−0	−0	−0	−0	−0
Net profit	−413	−151	−90	−58	419

Balance sheet

EUR thousands

Item	2020	2021	2022	2023	2024
Total assets	410	255	344	326	583
Equity	−14	−37	31	6	441
Long-term debt	87	83	25	12	0
Short-term debt	337	209	288	308	142
Total debt	424	292	313	320	142

Financial ratios

5-year trend

EBITDA margin

47.5%

This company

15.8%

Market median

+201% vs market

20202024

Equity ratio

75.6%

This company

38.2%

Market median

+98% vs market

20202024

Return on equity

95.1%

This company

18.4%

Market median

+417% vs market

20202024

Net profit margin

45.6%

This company

8.1%

Market median

+463% vs market

20202024

Asset turnover

1.58×

This company

1.12×

Market median

+41% vs market

20202024

Debt / equity

0.32×

This company

0.62×

Market median

+48% vs market

20202024

Annual reports & filings

Annual report 2024
Filed via PRH / YTJ · Period 2024-01-01 – 2024-12-31
View PDF
Annual report 2023
Filed via PRH / YTJ · Period 2023-01-01 – 2023-12-31
View PDF
Annual report 2022
Filed via PRH / YTJ · Period 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via PRH / YTJ · Period 2021-01-01 – 2021-12-31
View PDF
Annual report 2020
Filed via PRH / YTJ · Period 2020-01-01 – 2020-12-31
View PDF

Varaani Works Oy

Financials

Revenue

EBITDA

Income statement

Balance sheet

Financial ratios

Annual reports & filings

More on Varaani Works Oy

Financials

Revenue

EBITDA

Income statement

Balance sheet

Financial ratios

Annual reports & filings

More on Varaani Works Oy