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Innovaate Oy
OY
Active
Y-tunnus 2445065-5
Iso-Heikkiläntie 6
Wholesale of clothing and footwear · NACE 4642
Est. 2011
1 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
EUR 305K
-9% vs 2023
EBITDA margin
14.7%
+49% vs 2023
Equity ratio
-1.1%
Financial strength
Net profit 2024
EUR 39K
+51% vs 2023
EBITDA — year on year
EUR millions
0M
-0M
-1M
-1M
-1M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
EUR 305K
-9%
EBITDA
EUR 45K
+49%
Net profit
EUR 39K
+51%
Total assets
EUR 147K
+39%
Equity
EUR -2K
-102%
Employees
1
—
Company information
Legal name
Innovaate Oy
Y-tunnus number
2445065-5
Legal form
Osakeyhtiö
NACE code
4642 · Wholesale of clothing and footwear
Founded
29. marraskuuta 2011
Share capital
EUR 2 500
Employees
1 (FTE)
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Hallituksen puheenjohtaja ja toimitusjohtaja kumpikin yksin ja hallituksen jäsenet kaksi yhdessä
Company purpose
Yhtiön toimiala on kaikki laillinen toiminta.
Contact
Address
Iso-Heikkiläntie 6
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Revenue
EUR millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
EBITDA
EUR millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
EUR thousands
Item
2020
2021
2022
2023
2024
Revenue
215
238
241
337
305
Staff expenses
−46
−48
−64
−69
−60
EBITDA
13
21
14
30
45
Depreciation & amort.
—
−0
−0
−2
−3
EBIT
13
21
13
28
42
Net financials
0
−0
−4
3
7
Profit before tax
13
21
9
31
49
Tax
3
4
3
6
10
Net profit
11
16
7
25
39
Balance sheet
EUR thousands
Item
2020
2021
2022
2023
2024
Total assets
71
84
90
105
147
Equity
46
58
60
81
−2
Long-term debt
—
—
—
0
0
Short-term debt
25
26
29
24
148
Total debt
25
26
29
24
148
Financial ratios
5-year trend
EBITDA margin
14.7%
This company
15.8%
Market median
-7% vs market
2020
2024
Equity ratio
-1.1%
This company
38.2%
Market median
-103% vs market
2020
2024
Return on equity
3850500.0%
This company
18.4%
Market median
+20926530% vs market
2020
2024
Net profit margin
12.6%
This company
8.1%
Market median
+56% vs market
2020
2024
Asset turnover
2.08×
This company
1.12×
Market median
+86% vs market
2020
2024
Debt / equity
90.15×
This company
0.62×
Market median
-14440% vs market
2020
2024
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
Management
Actively employed in the business
Name
Role
Member since
Current (1)
TA
Tommi Antero Lundberg
Deputy Member
Deputy Member
2011
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
KA
Kimmo Antero Snygg
Board of Directors
2025
JT
Juha Tapio Lundberg
Chairperson
2025
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 Innovaate Oy also hold positions in
0
other companies.
Person
Role here
Other companies
Tommi Antero Lundberg
Deputy Member
0 companies
Kimmo Antero Snygg
Board of Directors
0 companies
Juha Tapio Lundberg
Chairperson
0 companies