Business profile

GoGolf Oyj

GoGolf Oyj was declared bankrupt 2023-10-31. In its latest retained statement for 2022-12-31, revenue was €2,716,853 and operating profit was €292,012.

Business ID 2375690-0BANKRUPTCYUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
2375690-0
Sector
Other information service activities
Municipality
Esbo
Company form
Limited company
Registration date
2010-12-23
Business ID registration date
2010-12-03
Business status
BANKRUPTCY
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Piispanportti 11, 02240, Esbo

Phone: +35820004653Source observation

Website: https://www.gogolf.fiSource observation

People and decision-makers

Weckman Hans OvePuheenjohtaja
Kettunen Paavo Niilo JohannesVarsinainen jäsen
Asonen Mikko TapioVarsinainen jäsen

About GoGolf Oyj

Financial position and key figures for the company.

GoGolf Oyj was declared bankrupt 2023-10-31. In its latest retained statement for 2022-12-31, revenue was €2,716,853 and operating profit was €292,012. The latest retained financial statement for 2022-12-31 shows revenue of €2,716,853 and profit for the financial year of €130,474. Based on the latest retained statement, revenue growth was +65.9%, operating margin was +10.2%, and equity ratio was +30.2%.

Auxiliary business names

Public alternate names materialized from source observations.

GoGolf PlcHills GolfHills by GoGolf

Financial highlights

Key figures from the latest financial period.

Latest financial period

2022-12-31

Imported periods0
PRH parsed0
Profile sourceEnriched source observation
Derived indicators
Revenue growth65.9%
Operating margin10.2%
Equity ratio30.2%
Revenue€2,716,853+€1,079,188 (+65.9%) vs previous periodPrevious: €1,637,665
Operating profit (loss)€292,012+€826,518 (+154.6%) vs previous periodPrevious: -€534,506
Profit (loss) for the financial year€130,474-€361,844 (-73.5%) vs previous periodPrevious: €492,318
Assets€9,788,491+€4,407,223 (+81.9%) vs previous periodPrevious: €5,381,268
Balance-sheet contextLatest financial period
Profit before taxes€128,216Previous: -€107,681
Employees15Previous: No comparison value
Revenue trend4 periods
€2,115,169
2019-12-31
€2,472,023
2020-12-31
€1,637,665
2021-12-31
€2,716,853
2022-12-31
Operating profit (loss) trend4 periods
€33,948
2019-12-31
€79
2020-12-31
-€534,506
2021-12-31
€292,012
2022-12-31
Profit (loss) for the financial year trend4 periods
€33,531
2019-12-31
-€16,821
2020-12-31
€492,318
2021-12-31
€130,474
2022-12-31
Assets trend4 periods
€806,159
2019-12-31
€2,281,992
2020-12-31
€5,381,268
2021-12-31
€9,788,491
2022-12-31

Financial ratios

Financial ratios based on financial statement data. Source: Rikastettu lähdehavainto.

Equity ratioSatisfactory
38/100 · Declining
30.2 %2021-12-31: 39.5 %
Current ratioNot assessable
0/100 · Trend unavailable
Not available2021-12-31: Ei saatavilla
Operating profit marginGood
76/100 · Improving
10.2 %2021-12-31: -29.2 %
Ratio history
Ratio2019-12-312020-12-312021-12-312022-12-31
Equity ratio11.4 %26.6 %39.5 %30.2 %
Current ratio----
Operating profit margin1.6 %0.0 %-29.2 %10.2 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusBANKRUPTCY
Trade RegisterRegistered
Business ID2375690-0
EU IDFIFPRO.2375690-0
MunicipalityEsbo
Current registered entries
2010-12-23Registered in Patent and Registration Office (Trade Register)
2010-12-27Registered in Tax Administration (Tax Administration)

Responsible people

Public role relationships materialized from source observations.

Weckman Hans OvePuheenjohtajaSources: 3 · Confidence: 78%
Kettunen Paavo Niilo JohannesVarsinainen jäsenSources: 3 · Confidence: 78%
Asonen Mikko TapioVarsinainen jäsenSources: 3 · Confidence: 78%
Pasi KarppinenPäävastuullinen tilintarkastajaSources: 1 · Confidence: 76%

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 riskGoGolf Oyj
Model score29/100
Assessment confidenceLow
Evidence qualityUsable financial evidenceFinancial data included
Financial trajectoryFinancial development has been volatile across multiple domains.
4 comparable periods
RevenueVolatile
ProfitabilityVolatile
SolvencyVolatile
LiquidityNot enough history
Peer comparisonSame size nationallyDescriptive comparison – does not change the model score.
747 peers
Solvency33%
Below 67% of peers
Profitability73%
Better than 73% of peers
Revenue growth88%
Better than 88% of peers
Supporting factors
  • Strong operating profitability
  • A newer financial statement filing has been reported
  • Long registry continuity
Risk factors to note
  • Parsed financial metrics are older than the newest reported filing
  • Material volatility across multiple financial domains
  • Elevated industry distress context
Automatic model gradeD
Automatic model snapshot2026-10-15
Automatic model versionopen-risk-grade-v0.14
Financial data included

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.

Verify assessment

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 riskelevated
49/100

Industry context is elevated based on normalized open statistical inputs.

Age and continuityVakiintunut
80/100

The company has about 15 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.

Risk grade updatedRisk gradeEvidence verified
15 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.

Registry timeline

Trade register notifications shown on a timeline.

37 register eventsLatest event: 2023-10-31

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

GoGolf Oyj shows public core facts. A company representative can claim the profile, update public information, and access owner tools.