Riskpilot← Back to searchSign inGet full accessNorth Flames Oy
OYActiveY-tunnus 2969848-1Kerttuojantie 1Holiday and other short-stay accommodation · NACE 5520Est. 2019— employees
Revenue 2025
EUR 593K
-3% vs 2024
EBITDA margin
-2.7%
-135% vs 2024
Equity ratio
-6.0%
Financial strength
Net profit 2025
EUR -54K
-703% vs 2024
| Revenue | EUR 593K | -3% |
| EBITDA | EUR -16K | -135% |
| Net profit | EUR -54K | -703% |
| Total assets | EUR 562K | -3% |
| Equity | EUR -34K | -266% |
| Employees | — | — |
Legal name
North Flames Oy
Y-tunnus number
2969848-1
Legal form
Osakeyhtiö
NACE code
5520 · Holiday and other short-stay accommodation
Founded
22. tammikuuta 2019
Share capital
EUR 2 500
Employees
—
VAT registered
No
Audit selected
No
Last report
2025-05-31
Financial year
January – December
Signatory rights
Hallituksen jäsenet ja toimitusjohtaja kukin yksin
Company purpose
Matkailu ja majoitus sekä muu laillinen liiketoiminta.
Address
Kerttuojantie 1
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Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 615 | 997 | 743 | 614 | 593 |
| Staff expenses | −100 | −198 | −170 | −127 | −188 |
| EBITDA | 31 | −33 | −19 | 45 | −16 |
| Depreciation & amort. | −26 | −30 | −32 | −30 | −28 |
| EBIT | 5 | −63 | −51 | 16 | −44 |
| Net financials | −3 | −3 | −3 | −7 | −11 |
| Profit before tax | 2 | −66 | −54 | 9 | −54 |
| Tax | −0 | −0 | −0 | −0 | −0 |
| Net profit | 2 | −66 | −54 | 9 | −54 |
| Item | 2020 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total assets | 500 | 607 | 597 | 582 | 562 |
| Equity | 26 | 5 | −49 | 20 | −34 |
| Long-term debt | 423 | 560 | 548 | 485 | 493 |
| Short-term debt | 51 | 41 | 99 | 76 | 103 |
| Total debt | 474 | 601 | 646 | 561 | 596 |
EBITDA margin
-2.7%
This company
15.8%
Market median
-117% vs market
20202025
Equity ratio
-6.0%
This company
38.2%
Market median
-116% vs market
20202025
Return on equity
-5437300.0%
This company
18.4%
Market median
-29550643% vs market
20202025
Net profit margin
-9.2%
This company
8.1%
Market median
-214% vs market
20202025
Asset turnover
1.06×
This company
1.12×
Market median
+5% vs market
20202025
Debt / equity
17.57×
This company
0.62×
Market median
-2734% vs market
20202025
- Annual report 2025Filed via PRH / YTJ · Period 2024-06-01 – 2025-05-31
- Annual report 2024Filed via PRH / YTJ · Period 2023-06-01 – 2024-05-31
- Annual report 2023Filed via PRH / YTJ · Period 2022-06-01 – 2023-05-31
- Annual report 2022Filed via PRH / YTJ · Period 2021-01-01 – 2022-05-31
- Annual report 2020Filed via PRH / YTJ · Period 2020-01-01 – 2020-12-31
| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
VA Person with significant control | Person with significant control | 2019 |
MK Chief Executive Officer | Chief Executive Officer | 2019 |
VM Deputy Member | Deputy Member | 2019 |
JP Audit | Audit | 2022 |
No data on file.
No shareholder data available.
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No registered parent or subsidiaries
Board members of North Flames Oy also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Veijo Antero Paaso | Person with significant control | 0 companies |
| Minna Kristiina Paaso | Chief Executive Officer | 0 companies |
| Veli Matti Järvinen | Deputy Member | 0 companies |
| Juha Petteri Väärälä | Audit | 0 companies |