Risk grade updatedRisk gradeEvidence verified
29 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.Business profile
Second Order Oy
Second Order Oy was declared bankrupt 2026-04-08. In its latest retained statement for 2025-12-31, revenue was €4,520 and operating profit was -€2,353.
Business ID 2715905-4BANKRUPTCYUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 2715905-4
- Sector
- Computer programming activities
- Municipality
- Helsingfors
- Company form
- Limited company
- Registration date
- 2015-10-08
- Business ID registration date
- 2015-10-02
- Business status
- BANKRUPTCY
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Teollisuuskatu 18 A 11, 00520, Helsingfors
Email: [email protected]Source observation
Website: http://www.secondorder.comSource: registry data
People and decision-makers
Saarinen Sami PekkaToimitusjohtaja
About Second Order Oy
Financial position and key figures for the company.
Second Order Oy was declared bankrupt 2026-04-08. In its latest retained statement for 2025-12-31, revenue was €4,520 and operating profit was -€2,353. Based on the latest retained statement, revenue growth was -83.3%, operating margin was -52.0%, and equity ratio was not currently available.
Auxiliary business names
Public alternate names materialized from source observations.
Second Order Ltd
Financial highlights
Key figures from the latest financial period.
Latest financial period
2025-12-31
0
0
Enriched source observation
Derived indicators
Revenue growth-83.3%
Operating margin-52.0%
Revenue€4,520-€22,470 (-83.3%) vs previous periodPrevious: €26,990
Operating profit (loss)-€2,353-€583 (-32.9%) vs previous periodPrevious: -€1,770
Assets€6,266-€17,724 (-73.9%) vs previous periodPrevious: €23,989
Balance-sheet contextLatest financial period
Employees1Previous: 1
Revenue trend5 periods
€95,077
2019-12-31
€62,313
2020-12-31
€34,470
2021-12-31
€26,990
2022-12-31
€4,520
2025-12-31
Operating profit (loss) trend5 periods
€12,582
2019-12-31
€10,521
2020-12-31
-€16,585
2021-12-31
-€1,770
2022-12-31
-€2,353
2025-12-31
Profit (loss) for the financial year trend4 periods
€11,300
2019-12-31
€9,542
2020-12-31
-€17,564
2021-12-31
-€2,869
2022-12-31
Assets trend5 periods
€36,030
2019-12-31
€45,780
2020-12-31
€27,604
2021-12-31
€23,989
2022-12-31
€6,266
2025-12-31
Financial ratios
Financial ratios based on financial statement data. Source: Rikastettu lähdehavainto.
Equity ratioNot assessable
0/100 · Trend unavailable
Current ratioNot assessable
0/100 · Trend unavailable
Operating profit marginWeak
0/100 · Declining
Ratio history
| Ratio | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2025-12-31 |
|---|---|---|---|---|---|
| Equity ratio | -456.2 % | -338.2 % | -624.5 % | -730.5 % | - |
| Current ratio | - | - | - | - | - |
| Operating profit margin | 13.2 % | 16.9 % | -48.1 % | -6.6 % | -52.0 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusBANKRUPTCY
Trade RegisterRegistered
Business ID2715905-4
VAT IDFI27159054
EU IDFIFPRO.2715905-4
MunicipalityHelsingfors
Current registered entries
2015-10-01VAT-liable for business activity in Tax Administration (VAT Register)
2015-10-02Registered in Tax Administration (Prepayment Register)
2015-10-08Registered in Patent and Registration Office (Trade Register)
2015-10-14Registered in Tax Administration (Tax Administration)
Responsible people
Public role relationships materialized from source observations.
Saarinen Sami PekkaToimitusjohtajaSources: 3 · Confidence: 78%
Saarinen Sami PekkaVarsinainen jäsenSources: 2 · Confidence: 78%
Johannes VuorinenHallitus: varajäsenSources: 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 riskSecond Order Oy
29/100
Medium
Limited financial evidenceRegistry and statistics based
Supporting factors
- A newer financial statement filing has been reported
- Long registry continuity
Risk factors to note
- Severe registry event in the last 6 months
- Elevated industry distress context
- Sufficient structured financial metrics are not available
D
2026-09-29
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 riskelevated
49/100
Industry context is elevated based on normalized open statistical inputs.
Age and continuityVakiintunut
80/100
The company has about 11 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.
17 register eventsLatest event: 2026-04-08
Profile source and ownership
Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2026-04-09.
This company profile has not been claimed yet
Second Order Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.