Oulun Golf Oy is a limited company based in Oulu, registered in 1988. In the financial year ending 31.12.2025, revenue was 2,6 M€ and operating profit -12 t€; equity ratio 96.9 %. It holds 1 alcohol licences.
Revenue 20252,6 M€+11 % on the previous year
Operating profit-12 t€-0,4 % of revenue
Net profit5 669 €EBITDA -209 t€
Equity ratio96,9 %quick ratio 2,30
Taxable income 20240 €
profit as taxed
Income taxes 20240 €0 € in 2020–2024
In business37 yrsregistered 30.12.1988
Alcohol licences1latest 13.4.2024
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 |
|---|---|---|---|---|---|---|
| Revenue | 2,6 M€ | 2,3 M€ | 1,9 M€ | 1,6 M€ | 1,5 M€ | 1,4 M€ |
| Revenue change | 10,6 % | 25,4 % | 16,2 % | 7,3 % | 3,7 % | – |
| EBITDA | -209 t€ | 242 t€ | 242 t€ | 217 t€ | 165 t€ | 258 t€ |
| EBITDA % | -8,1 % | 10,3 % | 12,9 % | 13,5 % | 11,0 % | 17,9 % |
| Operating profit | -12 t€ | 12 t€ | 30 t€ | 12 t€ | -59 t€ | 39 t€ |
| Operating margin | -0,4 % | 0,5 % | 1,6 % | 0,8 % | -4,0 % | 2,7 % |
| Net profit | 5 669 € | 36 t€ | 32 t€ | 10 t€ | -61 t€ | 38 t€ |
| Personnel costs | -1,0 M€ | 928 t€ | 825 t€ | 788 t€ | 716 t€ | 623 t€ |
| Equity ratio | 96,9 % | 96,9 % | 95,6 % | 95,5 % | 95,2 % | 92,6 % |
| Quick ratio | 2,30 | 2,05 | 1,70 | 1,64 | 1,55 | 2,07 |
| Current ratio | 2,30 | 2,05 | 1,70 | 1,64 | 1,55 | 2,07 |
| Debt to revenue | 7,6 % | 8,6 % | 15,4 % | 17,9 % | 20,6 % | 34,4 % |
| Return on equity | 0,1 % | 0,6 % | 0,5 % | 0,2 % | -1,0 % | 0,6 % |
| Balance sheet total | 6,4 M€ | 6,4 M€ | 6,5 M€ | 6,4 M€ | 6,4 M€ | 6,7 M€ |
| Equity | 6,2 M€ | 6,2 M€ | 6,2 M€ | 6,1 M€ | 6,1 M€ | 6,2 M€ |
| Cash and bank | 293 t€ | 288 t€ | 295 t€ | 254 t€ | 206 t€ | 291 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 2,6 M€ | 2,3 M€ | 1,9 M€ | 1,6 M€ | 1,5 M€ | 1,4 M€ |
| Other operating income | 47 t€ | 35 t€ | 18 t€ | 12 t€ | 85 t€ | 81 t€ |
| Raw materials and services | 693 t€ | -553 t€ | -316 t€ | -223 t€ | -339 t€ | -305 t€ |
| Personnel expenses | 1,0 M€ | -928 t€ | -825 t€ | -788 t€ | -716 t€ | -623 t€ |
| Depreciations and reductions in value | 197 t€ | -230 t€ | -212 t€ | -205 t€ | -224 t€ | -219 t€ |
| Other operating expenses | 710 t€ | -654 t€ | -503 t€ | -391 t€ | -364 t€ | -340 t€ |
| Operating profit (loss) | -12 t€ | 12 t€ | 30 t€ | 12 t€ | -59 t€ | 39 t€ |
| Financial income and expenses + (-) | -18 t€ | 23 t€ | 2 556 € | -2 218 € | -2 111 € | -939 € |
| Profit (loss) before appropriations and taxes | 6 250 € | 36 t€ | 32 t€ | 10 t€ | -61 t€ | 38 t€ |
| Income taxes | 581 € | 0 € | – | – | – | – |
| Profit (loss) for the financial year | 5 669 € | 36 t€ | 32 t€ | 10 t€ | -61 t€ | 38 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Non-current assets | 6,0 M€ | 6,0 M€ | 6,1 M€ | 6,1 M€ | 6,2 M€ | 6,3 M€ |
| Receivables | 62 t€ | 42 t€ | 49 t€ | 45 t€ | 74 t€ | 149 t€ |
| Cash in hand and at banks | 293 t€ | 288 t€ | 295 t€ | 254 t€ | 206 t€ | 291 t€ |
| Current assets | 457 t€ | 417 t€ | 349 t€ | 299 t€ | 280 t€ | 440 t€ |
| Assets | 6,4 M€ | 6,4 M€ | 6,5 M€ | 6,4 M€ | 6,4 M€ | 6,7 M€ |
| Share capital or other similar capital | 23 t€ | 23 t€ | 23 t€ | 23 t€ | 23 t€ | 23 t€ |
| Capital and reserves | 6,2 M€ | 6,2 M€ | 6,2 M€ | 6,1 M€ | 6,1 M€ | 6,2 M€ |
| Long-term liabilities | – | 0 € | 85 t€ | 107 t€ | 129 t€ | 306 t€ |
| Short-term liabilities | 199 t€ | 204 t€ | 205 t€ | 182 t€ | 180 t€ | 212 t€ |
| Liabilities | 199 t€ | 204 t€ | 290 t€ | 289 t€ | 309 t€ | 518 t€ |
All financial statement items (58)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 2,6 M€ | 2,3 M€ | 1,9 M€ | 1,6 M€ | 1,5 M€ | 1,4 M€ |
| Other operating income | 47 t€ | 35 t€ | 18 t€ | 12 t€ | 85 t€ | 81 t€ |
| Raw materials and services | 693 t€ | -553 t€ | -316 t€ | -223 t€ | -339 t€ | -305 t€ |
| Personnel expenses | 1,0 M€ | -928 t€ | -825 t€ | -788 t€ | -716 t€ | -623 t€ |
| Depreciations and reductions in value | 197 t€ | -230 t€ | -212 t€ | -205 t€ | -224 t€ | -219 t€ |
| Other operating expenses | 710 t€ | -654 t€ | -503 t€ | -391 t€ | -364 t€ | -340 t€ |
| Operating profit (loss) | -12 t€ | 12 t€ | 30 t€ | 12 t€ | -59 t€ | 39 t€ |
| Financial income and expenses + (-) | -18 t€ | 23 t€ | 2 556 € | -2 218 € | -2 111 € | -939 € |
| Profit (loss) before appropriations and taxes | 6 250 € | 36 t€ | 32 t€ | 10 t€ | -61 t€ | 38 t€ |
| Income taxes | 581 € | 0 € | – | – | – | – |
| Profit (loss) for the financial year | 5 669 € | 36 t€ | 32 t€ | 10 t€ | -61 t€ | 38 t€ |
| Non-current assets | 6,0 M€ | 6,0 M€ | 6,1 M€ | 6,1 M€ | 6,2 M€ | 6,3 M€ |
| Receivables | 62 t€ | 42 t€ | 49 t€ | 45 t€ | 74 t€ | 149 t€ |
| Cash in hand and at banks | 293 t€ | 288 t€ | 295 t€ | 254 t€ | 206 t€ | 291 t€ |
| Current assets | 457 t€ | 417 t€ | 349 t€ | 299 t€ | 280 t€ | 440 t€ |
| Assets | 6,4 M€ | 6,4 M€ | 6,5 M€ | 6,4 M€ | 6,4 M€ | 6,7 M€ |
| Share capital or other similar capital | 23 t€ | 23 t€ | 23 t€ | 23 t€ | 23 t€ | 23 t€ |
| Capital and reserves | 6,2 M€ | 6,2 M€ | 6,2 M€ | 6,1 M€ | 6,1 M€ | 6,2 M€ |
| Long-term liabilities | – | 0 € | 85 t€ | 107 t€ | 129 t€ | 306 t€ |
| Short-term liabilities | 199 t€ | 204 t€ | 205 t€ | 182 t€ | 180 t€ | 212 t€ |
| Liabilities | 199 t€ | 204 t€ | 290 t€ | 289 t€ | 309 t€ | 518 t€ |
| Buildings and structures, Owned | 939 t€ | 971 t€ | 1,0 M€ | 1,0 M€ | 970 t€ | 975 t€ |
| Purchases during the financial year | 572 t€ | -534 t€ | -313 t€ | -218 t€ | -209 t€ | -245 t€ |
| Short-term receivables | 62 t€ | 42 t€ | 49 t€ | 45 t€ | 74 t€ | 149 t€ |
| Other short-term receivables | 39 t€ | 16 t€ | 26 t€ | 11 t€ | 36 t€ | 22 t€ |
| Impairment on investments for non-current assets | -300 € | 0 € | -756 € | 0 € | – | – |
| Profit (loss) for the period, equity | 5 669 € | 36 t€ | 32 t€ | 10 t€ | -61 t€ | 38 t€ |
| Short-term loan receivables | – | – | 0 € | 541 € | 0 € | – |
| Tangible assets | 6,0 M€ | 6,0 M€ | 6,1 M€ | 6,1 M€ | 6,2 M€ | 6,3 M€ |
| Intangible rights | 2 219 € | 4 438 € | 6 657 € | 8 876 € | 0 € | – |
| Short-term accrued expenses and deferred income | 123 t€ | 122 t€ | 118 t€ | 103 t€ | 83 t€ | 95 t€ |
| Interest expenses and other financial expenses for non-Group companies | 76 € | -5 089 € | -4 624 € | -2 556 € | -2 202 € | -960 € |
| Shares and holdings | 101 t€ | 87 t€ | 5 540 € | 0 € | – | – |
| Long-term liabilities to credit institutions | – | 0 € | 85 t€ | 107 t€ | 129 t€ | 306 t€ |
| Other shares and similar rights of ownership | 1 238 € | 939 € | 939 € | 1 695 € | 1 695 € | 1 695 € |
| Other social security expenses | 60 t€ | -25 t€ | -24 t€ | -33 t€ | -30 t€ | -24 t€ |
| Short-term sales receivables | 1 190 € | 1 416 € | 1 404 € | 2 454 € | 22 t€ | 12 t€ |
| Depreciations according to plan | 197 t€ | -230 t€ | -212 t€ | -205 t€ | -224 t€ | -219 t€ |
| Income from other investments under non-current assets, from other companies | – | – | 0 € | 115 € | 0 € | – |
| Other current liabilities | 23 t€ | 41 t€ | 19 t€ | 15 t€ | 46 t€ | 22 t€ |
| Short-term accounts payable | 50 t€ | 38 t€ | 43 t€ | 42 t€ | 29 t€ | 71 t€ |
| Retained earnings | -137 t€ | -172 t€ | -205 t€ | -215 t€ | -154 t€ | -192 t€ |
| Machinery and equipment | 223 t€ | 258 t€ | 301 t€ | 246 t€ | 331 t€ | 397 t€ |
| Wages and salaries | 845 t€ | -771 t€ | -680 t€ | -642 t€ | -590 t€ | -522 t€ |
| Share premium reserve | 2,2 M€ | 2,2 M€ | 2,2 M€ | 2,2 M€ | 2,2 M€ | 2,2 M€ |
| Other interest and financial income from non-group companies | 18 t€ | 28 t€ | 7 937 € | 223 € | 91 € | 20 € |
| Other shares, financial securities | 101 t€ | 87 t€ | 5 540 € | 0 € | – | – |
| Land and water areas, Owned | 4,8 M€ | 4,7 M€ | 4,8 M€ | 4,8 M€ | 4,8 M€ | 4,9 M€ |
| Short-term liabilities to credit institutions | – | 0 € | 22 t€ | 22 t€ | 23 t€ | 2 535 € |
| Other funds | 4,2 M€ | 4,2 M€ | 4,2 M€ | 4,2 M€ | 4,2 M€ | 4,2 M€ |
| Intangible assets | 2 219 € | 4 438 € | 6 657 € | 8 876 € | 0 € | – |
| Investments | 1 238 € | 939 € | 939 € | 1 695 € | 1 695 € | 1 695 € |
| Other tangible assets | 28 t€ | 34 t€ | 41 t€ | 48 t€ | 28 t€ | 32 t€ |
| Pension expenses | 144 t€ | -133 t€ | -121 t€ | -113 t€ | -96 t€ | -77 t€ |
| Services purchased | 121 t€ | -19 t€ | -2 976 € | -4 915 € | -129 t€ | -60 t€ |
| Liabilities | 6,4 M€ | 6,4 M€ | 6,5 M€ | 6,4 M€ | 6,4 M€ | 6,7 M€ |
| Short-term advances received | 2 158 € | 3 057 € | 3 140 € | 635 € | 0 € | 22 t€ |
| Short-term prepayments and accrued income | 22 t€ | 25 t€ | 21 t€ | 31 t€ | 15 t€ | 115 t€ |
From financial statements filed digitally (XBRL) with the Finnish Patent and Registration Office; ratios calculated from them. Equity ratio = (equity + accumulated appropriations) / (balance sheet total − advances received).
Taxes
Taxable income is the profit as calculated for taxation, not revenue. Public data from the Finnish Tax Administration; figures for 2025 are published in November 2026.
Alcohol licences
- Oulun Golf, Ravintola SwingiMikonmäentie 201Anniskelu
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