North Fundament Oy is a limited company based in Inari, registered in 1990. In the financial year ending 30.4.2026, revenue was 580 t€ and operating profit 20 t€; equity ratio 47.2 %. Its taxable income in 2024 was 67 t€ and its income taxes 14 t€. It holds 1 alcohol licences.
Financials
| Key figures | 30.4.2026 | 30.4.2025 |
|---|---|---|
| Revenue | 580 t€ | 272 t€ |
| Revenue change | 113,4 % | – |
| EBITDA | -37 t€ | -143 t€ |
| EBITDA % | -6,3 % | -52,7 % |
| Operating profit | 20 t€ | -105 t€ |
| Operating margin | 3,4 % | -38,7 % |
| Net profit | 2 053 € | -135 t€ |
| Personnel costs | -179 t€ | -120 t€ |
| Equity ratio | 47,2 % | 42,6 % |
| Quick ratio | 0,25 | 0,29 |
| Current ratio | 0,28 | 0,29 |
| Debt to revenue | 87,1 % | 222,3 % |
| Return on equity | 0,5 % | -30,1 % |
| Balance sheet total | 979 t€ | 1,1 M€ |
| Equity | 451 t€ | 449 t€ |
| Cash and bank | 17 t€ | 17 t€ |
Balance sheet
Income statement and balance sheet
Income statement
| 30.4.2026 | 30.4.2025 | |
|---|---|---|
| Turnover | 580 t€ | 272 t€ |
| Other operating income | 7 285 € | 1 127 € |
| Raw materials and services | 173 t€ | 87 t€ |
| Personnel expenses | 179 t€ | 120 t€ |
| Depreciations and reductions in value | 56 t€ | 38 t€ |
| Other operating expenses | 159 t€ | 133 t€ |
| Operating profit (loss) | 20 t€ | -105 t€ |
| Financial income and expenses + (-) | 18 t€ | 30 t€ |
| Profit (loss) before appropriations and taxes | 2 053 € | -135 t€ |
| Profit (loss) for the financial year | 2 053 € | -135 t€ |
Balance sheet
| 30.4.2026 | 30.4.2025 | |
|---|---|---|
| Non-current assets | 934 t€ | 990 t€ |
| Stocks | 4 659 € | 0 € |
| Receivables | 24 t€ | 46 t€ |
| Cash in hand and at banks | 17 t€ | 17 t€ |
| Current assets | 46 t€ | 63 t€ |
| Assets | 979 t€ | 1,1 M€ |
| Share capital or other similar capital | 2 500 € | 2 500 € |
| Capital and reserves | 451 t€ | 449 t€ |
| Long-term liabilities | 365 t€ | 383 t€ |
| Short-term liabilities | 163 t€ | 222 t€ |
| Liabilities | 528 t€ | 604 t€ |
All financial statement items (53)
| 30.4.2026 | 30.4.2025 | |
|---|---|---|
| Turnover | 580 t€ | 272 t€ |
| Other operating income | 7 285 € | 1 127 € |
| Raw materials and services | 173 t€ | 87 t€ |
| Personnel expenses | 179 t€ | 120 t€ |
| Depreciations and reductions in value | 56 t€ | 38 t€ |
| Other operating expenses | 159 t€ | 133 t€ |
| Operating profit (loss) | 20 t€ | -105 t€ |
| Financial income and expenses + (-) | 18 t€ | 30 t€ |
| Profit (loss) before appropriations and taxes | 2 053 € | -135 t€ |
| Profit (loss) for the financial year | 2 053 € | -135 t€ |
| Non-current assets | 934 t€ | 990 t€ |
| Stocks | 4 659 € | 0 € |
| Receivables | 24 t€ | 46 t€ |
| Cash in hand and at banks | 17 t€ | 17 t€ |
| Current assets | 46 t€ | 63 t€ |
| Assets | 979 t€ | 1,1 M€ |
| Share capital or other similar capital | 2 500 € | 2 500 € |
| Capital and reserves | 451 t€ | 449 t€ |
| Long-term liabilities | 365 t€ | 383 t€ |
| Short-term liabilities | 163 t€ | 222 t€ |
| Liabilities | 528 t€ | 604 t€ |
| Buildings and structures, Owned | 527 t€ | 561 t€ |
| Purchases during the financial year | 73 t€ | 51 t€ |
| Short-term receivables | 24 t€ | 46 t€ |
| Other short-term receivables | 11 t€ | 19 t€ |
| Profit (loss) for the period, equity | 2 053 € | -135 t€ |
| Tangible assets | 638 t€ | 694 t€ |
| Other long-term liabilities | 141 t€ | 90 t€ |
| Short-term accrued expenses and deferred income | 19 t€ | 12 t€ |
| Interest expenses and other financial expenses for non-Group companies | 18 t€ | 30 t€ |
| Long-term liabilities to credit institutions | 224 t€ | 293 t€ |
| Other social security expenses | 5 433 € | 4 497 € |
| Short-term sales receivables | 5 565 € | 6 744 € |
| Depreciations according to plan | 56 t€ | 38 t€ |
| Reserve for invested non-restricted equity | 205 t€ | 205 t€ |
| Other current liabilities | 24 t€ | 25 t€ |
| Inventory increase (+) or decrease (-) | -4 659 € | 0 € |
| Short-term accounts payable | 29 t€ | 66 t€ |
| Retained earnings | 242 t€ | 377 t€ |
| Machinery and equipment | 72 t€ | 93 t€ |
| Wages and salaries | 150 t€ | 98 t€ |
| Other interest and financial income from non-group companies | 11 € | 51 € |
| Land and water areas, Rental rights | 22 t€ | 22 t€ |
| Short-term liabilities to credit institutions | 69 t€ | 118 t€ |
| Investments | 296 t€ | 296 t€ |
| Other tangible assets | 17 t€ | 18 t€ |
| Shares in participating interest company | 296 t€ | 296 t€ |
| Pension expenses | 24 t€ | 17 t€ |
| Materials and supplies | 4 659 € | 0 € |
| Services purchased | 105 t€ | 36 t€ |
| Liabilities | 979 t€ | 1,1 M€ |
| Short-term advances received | 23 t€ | 0 € |
| Short-term prepayments and accrued income | 7 361 € | 21 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
Measured by taxable income, North Fundament Oy is in the upper half of the industry class hotels and similar accommodation (308 companies with taxable income; median 38 t€).
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
- Ravintola Laanilan KuksaLaanilantie 6Anniskelu
Follow companies in your area
New companies, bankruptcies and changes of CEO and property manager in the areas and industries you choose, by email. 14-day free trial, cancel any time.
Try for free