Business profile

Wode Sounds Oy

Wode Sounds Oy's registered office is Turku. It is a limited company. The company was established on 2020-01-01. It operates in the industry of organising festivals and other cultural events. In its latest retained statement for 2024-12-31, revenue was €104,652 and operating profit was €4,655.

Business ID 3107359-5ValidUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
3107359-5
Sector
Organising festivals and other cultural events
Municipality
Turku
Company form
Limited company
Registration date
2020-01-01
Business ID registration date
2019-12-26
Business status
Valid
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Akselintie 5 B, 20200, Turku

About Wode Sounds Oy

Financial position and key figures for the company.

Wode Sounds Oy's location municipality is Turku. It is a limited company. The company was established on 2020-01-01. It operates in the industry of organising festivals and other cultural events. In its latest retained statement for 2024-12-31, revenue was €104,652 and operating profit was €4,655. The latest retained financial statement for 2024-12-31 shows revenue of €104,652 and profit for the financial year of €1,602. Based on the latest retained statement, revenue growth was +9.9%, operating margin was +4.4%, and equity ratio was +13.1%.

Financial highlights

Key figures from the latest financial period.

Open full statement
Latest financial period

2024-12-31

Imported periods3
PRH parsed2
Profile sourcePRH/XBRL financial statement
Derived indicators
Revenue growth9.9%
Operating margin4.4%
Equity ratio13.1%
Balance-sheet contextLatest financial period
Other operating income€20Previous: €0
Cash and bank€1,637Previous: €6,017
Retained earnings-€10,106Previous: -€14,584
Equity€13,208Previous: €45,838
Liabilities€87,806Previous: €8,991
Current assets€16,582Previous: €20,122
Current liabilities€51,529Previous: €8,991
Revenue trend2 periods
€95,253
2023-12-31
€104,652
2024-12-31
Operating profit (loss) trend2 periods
€10,417
2023-12-31
€4,655
2024-12-31
Profit (loss) for the financial year trend2 periods
€6,710
2023-12-31
€1,602
2024-12-31
Assets trend2 periods
€54,829
2023-12-31
€101,014
2024-12-31

Financial ratios

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

Equity ratioWeak
16/100 · Declining
13.1 %2023-12-31: 83.6 %
Current ratioWeak
1/100 · Declining
0.03x2023-12-31: 0.67x
Operating profit marginSatisfactory
61/100 · Declining
4.5 %2023-12-31: 10.9 %
Ratio history
Ratio2023-12-312024-12-31
Equity ratio83.6 %13.1 %
Current ratio0.67x0.03x
Operating profit margin10.9 %4.5 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusValid
Trade RegisterRegistered
Business ID3107359-5
VAT IDFI31073595
EU IDFIFPRO.3107359-5
MunicipalityTurku
Current registered entries
2020-01-01VAT-liable for business activity in Tax Administration (VAT Register)
2020-01-01Registered in Tax Administration (Prepayment Register)
2020-01-01Registered in Patent and Registration Office (Trade Register)
2020-01-02Registered 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
B2
SatisfactoryWode Sounds Oy
Grade downgradedB1 → B2 · new analysis 2026-10-02
Model score54/100
Assessment confidenceHigh
Evidence qualityStrong financial evidenceFinancial data included
Financial trajectorySeveral key financial indicators have weakened across comparable fiscal periods.
3 comparable periods
RevenueStable
ProfitabilityDeteriorating
SolvencyDeteriorating
LiquidityDeteriorating
Peer comparisonSame size nationallyDescriptive comparison – does not change the model score.
416 peers
Solvency22%
Below 78% of peers
Profitability46%
Close to the peer-group midpoint
Liquidity30%
Below 70% of peers
Revenue growth74%
Better than 74% of peers
Financial statement reporting patternMixedBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
3 observed filings
Latest registration lag142 days after period end
Typical registration lag142 days after period end
Annual continuity3 consecutive periods
Supporting factors
  • Active registered status
  • A newer financial statement filing has been reported
  • Lower industry distress context
Risk factors to note
  • Weak current ratio
  • High balance-sheet leverage
  • Coordinated deterioration across 3 financial domains
Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
4 assessments
B2
2026-10-02 22:1154/100 · v0.14
B1 → B2 · -11 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.
B1
2026-09-1565/100 · v0.14
B1 → B1 · +5 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.
B1
2026-09-1460/100 · v0.12
Oldest retained automatic assessment in this comparison
Automatic model gradeB2
Automatic model snapshot2026-10-02
Automatic model versionopen-risk-grade-v0.14
Financial data included

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

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 risklow
84/100

Industry context is low based on normalized open statistical inputs.

Age and continuityHyvä
60/100

The company has about 6 years of registry continuity.

Registry and status signalsRajallinen
54/100

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
2 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1 → B2.
Risk grade updatedRisk gradeEvidence verified
15 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1.
Risk grade updatedRisk gradeEvidence verified
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1.

Registry timeline

Trade register notifications shown on a timeline.

7 register eventsLatest event: 2025-05-22

Financial statements availability

Available financial statement periods and PRH source filings.

3 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 2025-12-31.

This company profile has not been claimed yet

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