Risk grade updatedRisk gradeEvidence verified
18 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B3.Business profile
South Festivals Oy
South Festivals Oy's registered office is Turku. It is a limited company. The company was established on 2010-02-10. It operates in the industry of organising festivals and other cultural events. In its latest retained statement for 2025-12-31, revenue was €1,000 and operating profit was -€150,000.
Business ID 2312826-9ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 2312826-9
- Sector
- Organising festivals and other cultural events
- Municipality
- Turku
- Company form
- Limited company
- Registration date
- 2010-02-10
- Business ID registration date
- 2010-01-21
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Littoistentie 81, 20610, Turku
Phone: +358405959581Source observation
Website: https://www.southfestivals.fiSource observation
People and decision-makers
Sainio Hugo RobertToimitusjohtaja
About South Festivals Oy
Financial position and key figures for the company.
South Festivals Oy's location municipality is Turku. It is a limited company. The company was established on 2010-02-10. It operates in the industry of organising festivals and other cultural events. In its latest retained statement for 2025-12-31, revenue was €1,000 and operating profit was -€150,000. The latest retained financial statement for 2025-12-31 shows revenue of €1,000 and profit for the financial year of -€162,000. Based on the latest retained statement, revenue growth was -88.9%, operating margin was -15000.0%, and equity ratio was +21.6%.
Extended business activity
A longer directory- or registry-backed activity description that complements the short registry industry label.
Yhtiön toimiala on viihde- ja elämyspalvelut, järjestää yleisötilaisuuksia ja harjoittaa ravintolatoimintaa sekä alan tarvikkeiden ja kaluston myynti, osto ja maahantuonti, mainostoimisto- sekä konsultointipalvelu, liikkeenjohdon riskienhallinta, turvallisuusalan konsultointi sekä koulutus ja asiantuntijapalvelut. Yhtiö voi ostaa, myydä, omistaa, hallita ja vuokrata kiinteistöjä ja osakkeita sekä tehdä niillä kauppaa.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2025-12-31
0
0
Enriched source observation
Derived indicators
Revenue growth-88.9%
Operating margin-15000.0%
Equity ratio21.6%
Revenue€1,000-€8,000 (-88.9%) vs previous periodPrevious: €9,000
Operating profit (loss)-€150,000-€87,000 (-138.1%) vs previous periodPrevious: -€63,000
Profit (loss) for the financial year-€162,000-€285,000 (-231.7%) vs previous periodPrevious: €123,000
Assets€528,000-€28,000 (-5.0%) vs previous periodPrevious: €556,000
Balance-sheet contextLatest financial period
Employees1Previous: No comparison value
Revenue trend5 periods
€533,000
2021-12-31
€288,000
2022-12-31
€37,000
2023-12-31
€9,000
2024-12-31
€1,000
2025-12-31
Operating profit (loss) trend5 periods
€82,000
2021-12-31
€115,000
2022-12-31
-€74,000
2023-12-31
-€63,000
2024-12-31
-€150,000
2025-12-31
Profit (loss) for the financial year trend5 periods
€61,000
2021-12-31
€88,000
2022-12-31
-€78,000
2023-12-31
€123,000
2024-12-31
-€162,000
2025-12-31
Assets trend5 periods
€443,000
2021-12-31
€354,000
2022-12-31
€496,000
2023-12-31
€556,000
2024-12-31
€528,000
2025-12-31
Financial ratios
Financial ratios based on financial statement data. Source: Rikastettu lähdehavainto.
Equity ratioPassable
27/100 · Declining
Current ratioWeak
7/100 · 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 | 55.9 % | 84.8 % | 36.8 % | 55.1 % | 21.6 % |
| Current ratio | 3.13x | 3.30x | 0.37x | 0.55x | 0.21x |
| Operating profit margin | 15.4 % | 39.9 % | -200.0 % | -700.0 % | -15000.0 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID2312826-9
EU IDFIFPRO.2312826-9
MunicipalityTurku
Current registered entries
2010-01-21Registered in Tax Administration (Prepayment Register)
2010-02-10Registered in Patent and Registration Office (Trade Register)
2010-02-16Registered in Tax Administration (Tax Administration)
Responsible people
Public role relationships materialized from source observations.
Sainio Hugo RobertToimitusjohtajaSources: 2 · Confidence: 78%
Vuoriaho Jyrki Harry TapioPuheenjohtajaSources: 2 · Confidence: 78%
Sainio Hugo RobertVarsinainen jäsenSources: 1 · Confidence: 78%
Vuoriaho Johanna Anne-MariVarajäsenSources: 1 · Confidence: 78%
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
B3
MonitorSouth Festivals Oy
Grade downgradedA3 → B3 · new analysis 2026-10-18
47/100
High
Strong financial evidenceFinancial data included
Several key financial indicators have weakened across comparable fiscal periods.
4 comparable periodsSolvencyVolatile
Same size nationallyDescriptive comparison – does not change the model score.
1935 peersSolvency33%
Below 67% of peers
Profitability0%
Below 100% of peers
Liquidity49%
Close to the peer-group midpoint
Revenue growth7%
Below 93% of peers
Supporting factors
- Company context reduces the weight of an isolated financial signal
- Active registered status
- Long registry continuity
Risk factors to note
- Weak current ratio
- Negative profitability or net result
- Sharp year-over-year revenue drop
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
2 assessmentsB3
2026-10-1847/100 · v0.15
A3 → B3 · -25 points- Revenue: Not enough history → Deteriorating
- Profitability: Not enough history → Deteriorating
- Solvency: Not enough history → Volatile
A3
2026-10-0872/100 · v0.14
Oldest retained automatic assessment in this comparisonB3
2026-10-18
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 risklow
84/100
Industry context is low based on normalized open statistical inputs.
Age and continuityVakiintunut
80/100
The company has about 16 years of registry continuity.
Registry and status signalsVakaa
75/100
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
8 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade A3.Registry timeline
Trade register notifications shown on a timeline.
24 register eventsLatest event: 2025-05-20
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
South Festivals Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.