Business profile

Vekka North Oy

Vekka North Oy's registered office is Kuusamo. It is a limited company. The company was established on 2018-11-19. It operates in the industry of hotels and similar accommodation. In its latest retained statement for 2025-05-31, revenue was €149,838 and operating profit was -€401.

Claim profileContact details
Business ID 2951552-6ValidUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
2951552-6
Sector
Hotels and similar accommodation
Municipality
Kuusamo
Company form
Limited company
Registration date
2018-11-19
Business ID registration date
2018-11-10
Business status
Valid
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Rajamiehenlatu 14, 93600, Kuusamo

Website: https://www.goiglo.comSource observation

About Vekka North Oy

Financial position and key figures for the company.

Vekka North Oy's location municipality is Kuusamo. It is a limited company. The company was established on 2018-11-19. It operates in the industry of hotels and similar accommodation. In its latest retained statement for 2025-05-31, revenue was €149,838 and operating profit was -€401. The latest retained financial statement for 2025-05-31 shows revenue of €149,838 and profit for the financial year of -€22,580. Based on the latest retained statement, revenue growth was -50.1%, operating margin was -0.3%, and equity ratio was +33.2%.

Financial highlights

Key figures from the latest financial period.

Open full statement
Latest financial period

2025-05-31

Imported periods2
PRH parsed2
Profile sourcePRH/XBRL financial statement
Derived indicators
Revenue growth-50.1%
Operating margin-0.3%
Equity ratio33.2%
Revenue€149,838-€150,162 (-50.1%) vs previous periodPrevious: €300,000
Operating profit (loss)-€401-€126,913 (-100.3%) vs previous periodPrevious: €126,512
Profit (loss) for the financial year-€22,580-€117,692 (-123.7%) vs previous periodPrevious: €95,112
Assets€278,848-€17,300 (-5.8%) vs previous periodPrevious: €296,148
Balance-sheet contextLatest financial period
Cash and bank€4,298Previous: €5,746
Retained earnings€112,650Previous: €38,538
Equity€92,570Previous: €136,150
Liabilities€186,278Previous: €159,999
Current assets€6,967Previous: €40,784
Current liabilities€115,586Previous: €124,839
Revenue trend2 periods
€300,000
2024-05-31
€149,838
2025-05-31
Operating profit (loss) trend2 periods
€126,512
2024-05-31
-€401
2025-05-31
Profit (loss) for the financial year trend2 periods
€95,112
2024-05-31
-€22,580
2025-05-31
Assets trend2 periods
€296,148
2024-05-31
€278,848
2025-05-31

Financial ratios

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

Equity ratioSatisfactory
42/100 · Declining
33.2 %2024-05-31: 46.0 %
Current ratioWeak
1/100 · Declining
0.04x2024-05-31: 0.05x
Operating profit marginWeak
49/100 · Declining
-0.3 %2024-05-31: 42.2 %
Ratio history
Ratio2024-05-312025-05-31
Equity ratio46.0 %33.2 %
Current ratio0.05x0.04x
Operating profit margin42.2 %-0.3 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusValid
Trade RegisterRegistered
Business ID2951552-6
VAT IDFI29515526
EU IDFIFPRO.2951552-6
MunicipalityKuusamo
Current registered entries
2018-11-10Registered in Tax Administration (Employer Register)
2018-11-10VAT-liable for business activity in Tax Administration (VAT Register)
2018-11-10Registered in Tax Administration (Prepayment Register)
2018-11-19Registered in Tax Administration (Tax Administration)
2018-11-19Registered in Patent and Registration Office (Trade Register)
2022-12-09VAT-obliged for the transfer of rights to use immovable property in Tax Administration (VAT 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
C
Elevated riskVekka North Oy
Grade unchangedC · new analysis 2026-10-18
Model score37/100
Assessment confidenceHigh
Evidence qualityStrong financial evidenceFinancial data included
Financial trajectorySeveral key financial indicators have weakened across comparable fiscal periods.
2 comparable periods
RevenueDeteriorating
ProfitabilityDeteriorating
SolvencyDeteriorating
LiquidityStable
Peer comparisonSame industry, size and age groupDescriptive comparison – does not change the model score.
47 peers
Solvency53%
Close to the peer-group midpoint
Profitability30%
Below 70% of peers
Liquidity32%
Below 68% of peers
Revenue growth2%
Below 98% 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.
2 observed filings
Latest registration lag207 days after period end
Typical registration lag193 days after period end
Annual continuity2 consecutive periods
Supporting factors
  • Active registered status
  • A newer financial statement filing has been reported
Risk factors to note
  • Weak current ratio
  • Negative profitability or net result
  • Sharp year-over-year revenue drop
Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessments
C
2026-10-1837/100 · v0.15
C → C
C
2026-10-02 00:1737/100 · v0.14
B2 → C · -18 points
  • Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2025-05-31).
  • Assessment confidence: Medium → High.
  • Evidence quality: Registry and statistical evidence → Strong financial evidence.
B2
2026-09-1555/100 · v0.14
B2 → B2 · +1 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
2026-09-1454/100 · v0.12
Oldest retained automatic assessment in this comparison
Automatic model gradeC
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 riskhigh
29/100

Industry context is high based on normalized open statistical inputs.

Age and continuityHyvä
60/100

The company has about 7 years of registry continuity.

Registry and status signalsVakaa
76/100

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 C.
Risk grade updatedRisk gradeEvidence verified
2 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2 → C.
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.

15 register eventsLatest event: 2025-12-24

Financial statements availability

Available financial statement periods and PRH source filings.

2 financial statement periodsLatest financial period: 2025-05-31

Profile source and ownership

Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2026-04-03.

This company profile has not been claimed yet

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