Risk grade updatedRisk gradeEvidence verified
17 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.Business profile
Northern Hospitality Group Oy
Northern Hospitality Group Oy was declared bankrupt 2025-11-18. In its latest retained statement for 2023-12-31, revenue was €607,128 and operating profit was -€37,234.
Business ID 1468547-7BANKRUPTCYUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 1468547-7
- Sector
- Coffee houses and other non-alcoholic beverage serving activities
- Municipality
- Vaasa
- Company form
- Limited company
- Registration date
- 1998-02-27
- Business ID registration date
- 1998-05-25
- Business status
- BANKRUPTCY
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Kirkkopuistikko 4, 65100, Vaasa
Website: https://www.konstodeli.fiSource observation
About Northern Hospitality Group Oy
Financial position and key figures for the company.
Northern Hospitality Group Oy was declared bankrupt 2025-11-18. In its latest retained statement for 2023-12-31, revenue was €607,128 and operating profit was -€37,234. The latest retained financial statement for 2023-12-31 shows revenue of €607,128 and profit for the financial year of -€41,794. Based on the latest retained statement, revenue growth was -35.9%, operating margin was -6.1%, and equity ratio was -2.7%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2023-12-31
1
1
PRH/XBRL financial statement
Derived indicators
Revenue growth-35.9%
Operating margin-6.1%
Equity ratio-2.7%
Balance-sheet contextLatest financial period
Other operating income€9,227Previous: €42,730
Inventory€6,050Previous: €14,892
Cash and bank€31,697Previous: €61,433
Advances received€1,534Previous: €545
Retained earnings€34,029Previous: €52,199
Equity-€5,242Previous: €36,552
Liabilities€197,298Previous: €177,254
Current assets€154,430Previous: €165,438
Current liabilities€176,464Previous: €135,588
Financial ratios
Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.
Equity ratioWeak
0/100 · Declining
Current ratioWeak
7/100 · Declining
Operating profit marginWeak
35/100 · Declining
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusBANKRUPTCY
Trade RegisterRegistered
Business ID1468547-7
EU IDFIFPRO.1468547-7
MunicipalityVaasa
Current registered entries
1998-02-27Registered in Patent and Registration Office (Trade Register)
1998-05-25Registered in Tax Administration (Tax Administration)
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 riskNorthern Hospitality Group Oy
Grade unchangedD · new analysis 2026-10-17
14/100
Low
Usable financial evidenceFinancial data included
Same industry, size and age groupDescriptive comparison – does not change the model score.
136 peersSolvency17%
Below 83% of peers
Profitability14%
Below 86% of peers
Liquidity47%
Close to the peer-group midpoint
Limited evidenceBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
1 observed filings244 days after period end
244 days after period end
1 consecutive periods
Supporting factors
- A newer financial statement filing has been reported
- Long registry continuity
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
2026-10-1714/100 · v0.15
D → DD
2026-09-21 19:2114/100 · v0.14
D → D · -15 points- Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2023-12-31).
- 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
Oldest retained automatic assessment in this comparisonD
2026-10-17
open-risk-grade-v0.15
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
14/100
Industry context is high based on normalized open statistical inputs.
Age and continuityVakiintunut
90/100
The company has about 28 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
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.Risk grade updatedRisk gradeEvidence verified
13 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.Registry timeline
Trade register notifications shown on a timeline.
28 register eventsLatest event: 2026-05-11
Financial statements availability
Available financial statement periods and PRH source filings.
1 financial statement periodsLatest financial period: 2023-12-31
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
Northern Hospitality Group Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.