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Fennorak Oy
OY
Active
Y-tunnus 3270841-7
Havukankaari 21
Construction of residential and non-residential buildings · NACE 4100
Est. 2022
2 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2025
EUR 57K
-34% vs 2024
EBITDA margin
62.5%
-30% vs 2024
Equity ratio
31.6%
Financial strength
Net profit 2025
EUR 19K
-34% vs 2024
EBITDA — year on year
EUR millions
0M
-0M
-1M
-1M
-1M
0M
2023
0M
0%
2024
0M
0%
2025
Key figures
Annual report 2025
Revenue
EUR 57K
-34%
EBITDA
EUR 36K
-30%
Net profit
EUR 19K
-34%
Total assets
EUR 199K
-7%
Equity
EUR 63K
+42%
Employees
2
—
Company information
Legal name
Fennorak Oy
Y-tunnus number
3270841-7
Legal form
Osakeyhtiö
NACE code
4100 · Construction of residential and non-residential buildings
Founded
24. helmikuuta 2022
Share capital
EUR 0
Employees
2 (FTE)
VAT registered
No
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Hallituksen puheenjohtaja ja toimitusjohtaja kumpikin yksin ja hallituksen jäsenet kaksi yhdessä
Company purpose
Asuin- ja muiden rakennusten rakentaminen
Contact
Address
Havukankaari 21
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Companies in Construction of residential and non-residential buildings
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Revenue
EUR millions
0M
0M
1M
1M
1M
0M
2023
0M
2024
0M
2025
EBITDA
EUR millions
0M
0M
1M
1M
1M
0M
2023
0M
2024
0M
2025
Income statement
EUR thousands
Item
2023
2024
2025
Revenue
57
86
57
Staff expenses
−0
−0
−0
EBITDA
38
51
36
Depreciation & amort.
−12
−10
−8
EBIT
27
41
27
Net financials
−7
−6
−4
Profit before tax
20
35
23
Tax
4
7
5
Net profit
16
28
19
Balance sheet
EUR thousands
Item
2023
2024
2025
Total assets
215
214
199
Equity
16
44
63
Long-term debt
88
63
33
Short-term debt
111
106
102
Total debt
199
169
136
Financial ratios
5-year trend
EBITDA margin
62.5%
This company
15.8%
Market median
+296% vs market
2023
2025
Equity ratio
31.6%
This company
38.2%
Market median
+17% vs market
2023
2025
Return on equity
29.6%
This company
18.4%
Market median
+61% vs market
2023
2025
Net profit margin
32.6%
This company
8.1%
Market median
+302% vs market
2023
2025
Asset turnover
0.29×
This company
1.12×
Market median
-74% vs market
2023
2025
Debt / equity
2.16×
This company
0.62×
Market median
-248% vs market
2023
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
Management
Actively employed in the business
Name
Role
Member since
Current (3)
MI
Miika Ilari Laajala
Deputy Chief Executive Officer
Deputy Chief Executive Officer
2022
TP
Tomi Pekka Torppa
Deputy Member
Deputy Member
2022
VT
Ville-Veikko Topias Torppa
Chief Executive Officer
Chief Executive Officer
2022
Board of directors
Non-executive oversight
No data on file.
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 Fennorak Oy also hold positions in
0
other companies.
Person
Role here
Other companies
Miika Ilari Laajala
Deputy Chief Executive Officer
0 companies
Tomi Pekka Torppa
Deputy Member
0 companies
Ville-Veikko Topias Torppa
Chief Executive Officer
0 companies