Risk grade updatedRisk gradeEvidence verified
19 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.Business profile
Magnesia Festival Oy
Magnesia Festival Oy's registered office is Helsingfors. It is a limited company. The company was established on 2018-12-18. It operates in the industry of amusement and recreation activities n.e.c.. In its latest retained statement for 2025-12-31, revenue was €1,250 and operating profit was -€2,783.
Business ID 2951752-1ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 2951752-1
- Sector
- Amusement and recreation activities n.e.c.
- Municipality
- Helsingfors
- Company form
- Limited company
- Registration date
- 2018-12-18
- Business ID registration date
- 2018-11-12
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Wallininkuja 6 A 15, 00530, Helsingfors
Phone: +358405935315Source observation
Email: [email protected]Source observation
Website: https://www.magnesiafestival.comSource observation
Instagram profile: https://www.instagram.com/magnesiafestivalSource: company website
Facebook profile: https://www.facebook.com/magnesiafestivalSource: company website
People and decision-makers
Kärkkäinen Kaisa JosefiinaVarsinainen jäsen
Email: Email available for logged-in usersSource: company website
Mari RasimusDecision-maker
Email: Email available for logged-in usersSource: company website
Oded PeledCo-Founder & Creative Director
Email: Email available for logged-in usersSource: company website
Direct contact details available for logged-in usersSome person-level contact details are shown only to registered users. The data is based on public sources, such as the company's own website.Log in to view decision-maker contact details
About Magnesia Festival Oy
Financial position and key figures for the company.
Magnesia Festival Oy's location municipality is Helsingfors. It is a limited company. The company was established on 2018-12-18. It operates in the industry of amusement and recreation activities n.e.c.. In its latest retained statement for 2025-12-31, revenue was €1,250 and operating profit was -€2,783. The latest retained financial statement for 2025-12-31 shows revenue of €1,250 and profit for the financial year of -€2,974. Based on the latest retained statement, revenue growth was -88.8%, operating margin was -300.0%, and equity ratio was -25.0%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2025-12-31
0
0
Enriched source observation
Derived indicators
Revenue growth-88.8%
Operating margin-300.0%
Equity ratio-25.0%
Revenue€1,250-€9,901 (-88.8%) vs previous periodPrevious: €11,151
Operating profit (loss)-€2,783-€1,829 (-191.7%) vs previous periodPrevious: -€954
Profit (loss) for the financial year-€2,974-€1,967 (-195.3%) vs previous periodPrevious: -€1,007
Assets€5,508-€6,703 (-54.9%) vs previous periodPrevious: €12,211
Balance-sheet contextLatest financial period
Profit before taxes-€2,974Previous: -€1,007
Employees4Previous: 4
Revenue trend5 periods
€57,400
2021-12-31
€4,207
2022-12-31
€69,312
2023-12-31
€11,151
2024-12-31
€1,250
2025-12-31
Operating profit (loss) trend5 periods
€1,999
2021-12-31
€3,292
2022-12-31
-€10,652
2023-12-31
-€954
2024-12-31
-€2,783
2025-12-31
Profit (loss) for the financial year trend5 periods
-€1,081
2021-12-31
€6,362
2022-12-31
-€10,815
2023-12-31
-€1,007
2024-12-31
-€2,974
2025-12-31
Assets trend5 periods
€7,412
2021-12-31
€13,697
2022-12-31
€26,119
2023-12-31
€12,211
2024-12-31
€5,508
2025-12-31
Financial ratios
Financial ratios based on financial statement data. Source: Rikastettu lähdehavainto.
Equity ratioWeak
0/100 · Declining
Current ratioPassable
21/100 · Declining
Operating profit marginWeak
0/100 · Declining
Ratio history
| Ratio | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|
| Equity ratio | 87.5 % | 92.9 % | 7.7 % | 7.7 % | -25.0 % |
| Current ratio | 7.00x | 14.00x | 1.08x | 1.00x | 0.63x |
| Operating profit margin | 3.5 % | 75.0 % | -15.9 % | -9.1 % | -300.0 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID2951752-1
EU IDFIFPRO.2951752-1
MunicipalityHelsingfors
Current registered entries
2018-12-18Registered in Tax Administration (Tax Administration)
2018-12-18Registered in Patent and Registration Office (Trade Register)
Responsible people
Public role relationships materialized from source observations.
Direct contact details available for logged-in users.
Peled AsafPuheenjohtajaSources: 3 · Confidence: 78%
Kärkkäinen Kaisa JosefiinaVarsinainen jäsenSources: 3 · Confidence: 78%
Peled OdedVarsinainen jäsenSources: 2 · Confidence: 78%
Oded PeledCo-Founder & Creative DirectorSources: 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 riskMagnesia Festival Oy
Grade downgradedB2 → D · new analysis 2026-10-19
20/100
High
Strong financial evidenceFinancial data included
Several key financial indicators have weakened across comparable fiscal periods.
4 comparable periodsProfitabilityVolatile
Same industry, size and age groupDescriptive comparison – does not change the model score.
61 peersSolvency20%
Below 80% of peers
Profitability8%
Below 92% of peers
Liquidity74%
Better than 74% of peers
Revenue growth5%
Below 95% of peers
Supporting factors
- Company context reduces the weight of an isolated financial signal
- Active registered status
Risk factors to note
- Negative equity
- Weak current ratio
- Negative profitability or net result
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
2 assessmentsD
2026-10-1920/100 · v0.15
B2 → D · -33 points- Revenue: Not enough history → Deteriorating
- Profitability: Not enough history → Volatile
- Solvency: Not enough history → Deteriorating
B2
2026-10-0253/100 · v0.14
Oldest retained automatic assessment in this comparisonD
2026-10-19
open-risk-grade-v0.15
The grade can use open digital financial statement data together with registry signals.
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
40/100
Industry context is elevated based on normalized open statistical inputs.
Age and continuityHyvä
60/100
The company has about 7 years of registry continuity.
Registry and status signalsRajallinen
52/100
Registry history, filing recency, and active register markings are still limited or mixed.
Events & news
Verified events and sourced external company news in one timeline.
Risk grade updatedRisk gradeEvidence verified
2 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2.Registry timeline
Trade register notifications shown on a timeline.
9 register eventsLatest event: 2025-05-16
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
Magnesia Festival Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.