Business profile

Northern Lite Oy

Northern Lite Oy's registered office is Forssa. It is a limited company. The company was established on 2020-10-09. It operates in the industry of other non-specialised retail sale. In its latest retained statement for 2024-12-31, revenue was €142,246 and operating profit was -€49,145.

Claim profileContact details
Business ID 3163309-7ValidUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
3163309-7
Sector
Other non-specialised retail sale
Municipality
Forssa
Company form
Limited company
Registration date
2020-10-09
Business ID registration date
2020-10-08
Business status
Valid
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Koulukatu 13, 30100, Forssa

About Northern Lite Oy

Financial position and key figures for the company.

Northern Lite Oy's location municipality is Forssa. It is a limited company. The company was established on 2020-10-09. It operates in the industry of other non-specialised retail sale. In its latest retained statement for 2024-12-31, revenue was €142,246 and operating profit was -€49,145. The latest retained financial statement for 2024-12-31 shows revenue of €142,246 and profit for the financial year of -€54,889. Based on the latest retained statement, revenue growth was +193.7%, operating margin was -34.5%, and equity ratio was -85.8%.

Financial highlights

Key figures from the latest financial period.

Open full statement
Latest financial period

2024-12-31

Imported periods4
PRH parsed2
Profile sourcePRH/XBRL financial statement
Derived indicators
Revenue growth193.7%
Operating margin-34.5%
Equity ratio-85.8%
Revenue€142,246+€93,817 (+193.7%) vs previous periodPrevious: €48,429
Operating profit (loss)-€49,145-€9,284 (-23.3%) vs previous periodPrevious: -€39,861
Profit (loss) for the financial year-€54,889-€9,147 (-20.0%) vs previous periodPrevious: -€45,741
Assets€80,599+€21,988 (+37.5%) vs previous periodPrevious: €58,611
Balance-sheet contextLatest financial period
Inventory€31,899Previous: €14,626
Cash and bank€7,384Previous: €5,442
Advances received€50,826Previous: €0
Retained earnings-€40,285Previous: €5,456
Equity-€69,144Previous: -€14,256
Liabilities€149,743Previous: €72,867
Current assets€51,274Previous: €21,116
Current liabilities€86,088Previous: €28,750
Revenue trend2 periods
€48,429
2023-12-31
€142,246
2024-12-31
Operating profit (loss) trend2 periods
-€39,861
2023-12-31
-€49,145
2024-12-31
Profit (loss) for the financial year trend2 periods
-€45,741
2023-12-31
-€54,889
2024-12-31
Assets trend2 periods
€58,611
2023-12-31
€80,599
2024-12-31

Financial ratios

Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.

Equity ratioWeak
0/100 · Declining
-232.2 %2023-12-31: -24.3 %
Current ratioWeak
15/100 · Declining
0.46x2023-12-31: 0.70x
Operating profit marginWeak
0/100 · Improving
-34.5 %2023-12-31: -82.3 %
Ratio history
Ratio2023-12-312024-12-31
Equity ratio-24.3 %-232.2 %
Current ratio0.70x0.46x
Operating profit margin-82.3 %-34.5 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusValid
Trade RegisterRegistered
Business ID3163309-7
EU IDFIFPRO.3163309-7
MunicipalityForssa
Current registered entries
2020-10-09Registered in Tax Administration (Tax Administration)
2020-10-09Registered 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 riskNorthern Lite Oy
Grade unchangedD · new analysis 2026-10-18
Model score23/100
Assessment confidenceHigh
Evidence qualityStrong financial evidenceFinancial data included
Financial trajectoryFinancial development is mostly stable or mixed.
3 comparable periods
RevenueImproving
ProfitabilityImproving
SolvencyDeteriorating
LiquidityStable
Peer comparisonSame industry, size and age groupDescriptive comparison – does not change the model score.
48 peers
Solvency2%
Below 98% of peers
Profitability0%
Below 100% of peers
Liquidity35%
Below 65% of peers
Revenue growth92%
Better than 92% of peers
Financial statement reporting patternRegularBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
4 observed filings
Latest registration lag182 days after period end
Typical registration lag143 days after period end
Annual continuity4 consecutive periods
Supporting factors
  • Active registered status
  • A newer financial statement filing has been reported
Risk factors to note
  • Negative equity
  • Weak current ratio
  • Negative profitability or net result
Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessments
D
2026-10-1823/100 · v0.15
D → D
D
2026-09-26 09:5023/100 · v0.14
B2 → D · -27 points
  • Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2024-12-31).
  • Assessment confidence: Medium → High.
  • Evidence quality: Registry and statistical evidence → Strong financial evidence.
B2
2026-09-1550/100 · v0.14
B2 → B2 · -3 points
  • Assessment confidence: Low → Medium.
  • Evidence quality: Registry and statistical evidence → Registry and statistical evidence.
  • New risk factor: Sufficient structured financial metrics are not available.
B2
2026-09-1453/100 · v0.12
Oldest retained automatic assessment in this comparison
Automatic model gradeD
Automatic model snapshot2026-10-18
Automatic model versionopen-risk-grade-v0.15
Financial data included

The grade can use open digital financial statement data together with registry signals.

A serious financial risk signal affects this grade. Review the profile financial indicators 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
44/100

Industry context is elevated based on normalized open statistical inputs.

Age and continuityHyvä
60/100

The company has about 6 years of registry continuity.

Registry and status signalsRajallinen
42/100

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
18 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.
Risk grade updatedRisk gradeEvidence verified
26 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2 → D.
Risk grade updatedRisk gradeEvidence verified
15 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2.
Risk grade updatedRisk gradeEvidence verified
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2.

Registry timeline

Trade register notifications shown on a timeline.

7 register eventsLatest event: 2025-07-01

Financial statements availability

Available financial statement periods and PRH source filings.

4 financial statement periodsLatest financial period: 2024-12-31

Profile source and ownership

Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2026-02-25.

This company profile has not been claimed yet

Northern Lite Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.