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North Finance Oy
OY
Active
Y-tunnus 3087536-9
Kurkimoisio 1
Other financial service activities, except insurance and pension funding n.e.c. · NACE 6499
Est. 2019
1 employees
north.finance
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Overview
Financials
People & ownership
Related companies
Revenue 2025
EUR 1K
-56% vs 2024
EBITDA margin
-170.6%
-170% vs 2024
Equity ratio
100.0%
Financial strength
Net profit 2025
EUR -2K
+71% vs 2024
EBITDA — year on year
EUR millions
0M
-0M
-1M
-1M
-1M
0M
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
0M
0%
2025
Key figures
Annual report 2025
Revenue
EUR 1K
-56%
EBITDA
EUR -2K
-170%
Net profit
EUR -2K
+71%
Total assets
EUR 70K
+172%
Equity
EUR 70K
+172%
Employees
1
—
Company information
Legal name
North Finance Oy
Y-tunnus number
3087536-9
Legal form
Osakeyhtiö
NACE code
6499 · Other financial service activities, except insurance and pension funding n.e.c.
Founded
17. syyskuuta 2019
Share capital
EUR 0
Employees
1 (FTE)
VAT registered
No
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Hallituksen jäsen yksin
Company purpose
Holdingyhtiö.
Contact
Address
Kurkimoisio 1
Email
kenneth@north.finance
Website
north.finance
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Companies in Other financial service activities, except insurance and pension funding n.e.c.
Companies in Helsinki
All Finland companies
Revenue
EUR millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
0M
2023
0M
2024
0M
2025
EBITDA
EUR millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
0M
2023
0M
2024
0M
2025
Income statement
EUR thousands
Item
2021
2022
2023
2024
2025
Revenue
46
2
3
3
1
Staff expenses
—
—
−0
−0
−0
EBITDA
50
2
0
3
−2
Depreciation & amort.
−1
−1
−0
−1
−0
EBIT
49
2
0
2
−2
Net financials
−3
—
0
−10
0
Profit before tax
46
2
0
−8
−2
Tax
2
8
−0
−0
−0
Net profit
44
−7
0
−8
−2
Balance sheet
EUR thousands
Item
2021
2022
2023
2024
2025
Total assets
57
77
39
26
70
Equity
45
38
39
26
70
Long-term debt
3
—
0
0
0
Short-term debt
9
39
0
0
0
Total debt
12
39
0
0
0
Financial ratios
5-year trend
EBITDA margin
-170.6%
This company
15.8%
Market median
-1180% vs market
2021
2025
Equity ratio
100.0%
This company
38.2%
Market median
+162% vs market
2021
2025
Return on equity
-3.2%
This company
18.4%
Market median
-117% vs market
2021
2025
Net profit margin
-170.6%
This company
8.1%
Market median
-2206% vs market
2021
2025
Asset turnover
0.02×
This company
1.12×
Market median
-98% vs market
2021
2025
Debt / equity
0.00×
This company
0.62×
Market median
+100% vs market
2021
2025
Annual reports & filings
Annual report 2025
Filed via PRH / YTJ · Period 2025-01-01 – 2025-12-31
View
PDF
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
Management
Actively employed in the business
Name
Role
Member since
Current (1)
JS
Jyri Smagin
Deputy Member
Deputy Member
2019
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
KO
Kenneth Olavi Koivula
Board of Directors
2019
Shareholders
As of last annual report
No shareholder data available.
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of North Finance Oy also hold positions in
0
other companies.
Person
Role here
Other companies
Jyri Smagin
Deputy Member
0 companies
Kenneth Olavi Koivula
Board of Directors
0 companies