Risk grade updatedRisk gradeEvidence verified
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.Business profile
Finnarctic Oy
Finnarctic Oy was declared bankrupt 2023-10-31. In its latest retained statement for 2021-08-31, revenue was €22,008 and operating profit was -€110,758.
Business ID 3127427-4BANKRUPTCYUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 3127427-4
- Sector
- Non-specialised wholesale trade
- Municipality
- Akaa
- Company form
- Limited company
- Registration date
- 2020-04-29
- Business ID registration date
- 2020-03-20
- Business status
- BANKRUPTCY
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Ryödintie 17, 37800, Akaa
Website: https://www.finnarctic.comSource observation
About Finnarctic Oy
Financial position and key figures for the company.
Finnarctic Oy was declared bankrupt 2023-10-31. In its latest retained statement for 2021-08-31, revenue was €22,008 and operating profit was -€110,758. The latest retained financial statement for 2021-08-31 shows revenue of €22,008 and profit for the financial year of -€119,119. Based on the latest retained statement, revenue growth was not currently available, operating margin was -503.3%, and equity ratio was -106.1%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2021-08-31
1
1
PRH/XBRL financial statement
Derived indicators
Operating margin-503.3%
Equity ratio-106.1%
Balance-sheet contextLatest financial period
Other operating income€16,395Previous: No comparison value
Inventory€65,247Previous: No comparison value
Cash and bank€64Previous: No comparison value
Equity-€81,494Previous: No comparison value
Liabilities€158,268Previous: No comparison value
Current assets€74,901Previous: No comparison value
Current liabilities€96,609Previous: No comparison value
Financial ratios
Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.
Equity ratioWeak
0/100 · Trend unavailable
Current ratioPassable
23/100 · Trend unavailable
Operating profit marginWeak
0/100 · Trend unavailable
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusBANKRUPTCY
Trade RegisterRegistered
Business ID3127427-4
EU IDFIFPRO.3127427-4
MunicipalityAkaa
Current registered entries
2020-04-29Registered in Tax Administration (Tax Administration)
2020-04-29Registered in Patent and Registration Office (Trade Register)
Risk certificate
An open-data based company stability and risk signal.
BUSINESS.fi
BUSINESS.fi Luottoluokitus
Profile-specific risk signal based on open data
Automatic gradeNot a credit decision
D
High riskFinnarctic Oy
Grade unchangedD · new analysis 2026-09-21
22/100
Low
Usable financial evidenceFinancial data included
Same size nationallyDescriptive comparison – does not change the model score.
140 peersSolvency8%
Below 92% of peers
Profitability4%
Below 96% of peers
Liquidity56%
Better than 56% of peers
Limited evidenceBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
1 observed filings147 days after period end
147 days after period end
1 consecutive periods
Supporting factors
- A newer financial statement filing has been reported
Risk factors to note
- Negative equity
- Parsed financial metrics are older than the newest reported filing
- Weak current ratio
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessmentsD
2026-09-21 10:1622/100 · v0.14
D → D · -7 points- Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2021-08-31).
- Assessment confidence: Medium → Low.
- Evidence quality: Registry and statistical evidence → Usable financial evidence.
D
2026-09-1429/100 · v0.14
D → DD
2026-09-1429/100 · v0.13
D → D- Assessment confidence: Low → Medium.
- Evidence quality: Registry and statistical evidence → Registry and statistical evidence.
- New risk factor: Sufficient structured financial metrics are not available.
D
2026-09-1329/100 · v0.12
Oldest retained automatic assessment in this comparisonD
2026-09-21
open-risk-grade-v0.14
The grade is reduced because of a critical legal status such as bankruptcy or liquidation.
A serious registry signal affects this grade. Review the profile registry and notification details as well.
Risk context
When sufficient source-backed financial metrics are not available for a Tier 1 assessment, BUSINESS.fi shows registry, industry, and regional context.
Industry riskhigh
31/100
Industry context is high based on normalized open statistical inputs.
Age and continuityHyvä
60/100
The company has about 6 years of registry continuity.
Registry and status signalsHälyttävä
0/100
Bankruptcy or liquidation status is treated as a critical legal distress signal.
Events & news
Verified events and sourced external company news in one timeline.
Registry timeline
Trade register notifications shown on a timeline.
10 register eventsLatest event: 2023-10-31
Financial statements availability
Available financial statement periods and PRH source filings.
1 financial statement periodsLatest financial period: 2021-08-31
Profile source and ownership
Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2025-12-31.
This company profile has not been claimed yet
Finnarctic Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.