Polar Gym Oy is a limited company based in Sodankylä, registered in 1995. In the financial year ending 31.12.2025, revenue was 188 t€ and operating profit 8 612 €; equity ratio 95.6 %. Its taxable income in 2024 was 21 t€ and its income taxes 4 246 €. Public buyers bought 350 € from it in 2025–2025; the largest buyer is Kulttuurin Ja Vapaa-ajan Toimiala, Helsinki (Helsinki).
Revenue 2025188 t€-3 % on the previous year
Operating profit8 612 €4,6 % of revenue
Net profit6 984 €EBITDA 924 €
Equity ratio95,6 %quick ratio 17,03
Taxable income 202421 t€
upper half of its industry
Income taxes 20244 246 €17 t€ in 2020–2024
In business31 yrsregistered 8.3.1995
Sales to public buyers350 €2025–2025
Financials
RevenueOperating profitNet profit
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 |
|---|---|---|---|---|---|
| Revenue | 188 t€ | 194 t€ | 178 t€ | 158 t€ | 157 t€ |
| Revenue change | -3,1 % | 8,6 % | 12,9 % | 0,6 % | – |
| EBITDA | 924 € | 29 t€ | 21 t€ | 11 t€ | 30 t€ |
| EBITDA % | 0,5 % | 14,8 % | 11,8 % | 6,7 % | 19,1 % |
| Operating profit | 8 612 € | 21 t€ | 16 t€ | 6 051 € | 24 t€ |
| Operating margin | 4,6 % | 10,9 % | 9,1 % | 3,8 % | 15,5 % |
| Net profit | 6 984 € | 17 t€ | 13 t€ | 4 842 € | 20 t€ |
| Personnel costs | -81 t€ | 79 t€ | 73 t€ | 76 t€ | 65 t€ |
| Equity ratio | 95,6 % | 90,2 % | 92,8 % | 92,6 % | 96,8 % |
| Quick ratio | 17,03 | 7,82 | 11,30 | 11,05 | 23,68 |
| Current ratio | 17,24 | 7,88 | 11,42 | 11,16 | 24,07 |
| Debt to revenue | 2,1 % | 5,0 % | 3,4 % | 3,5 % | 1,5 % |
| Return on equity | 7,9 % | 19,1 % | 16,8 % | 6,9 % | 27,7 % |
| Balance sheet total | 92 t€ | 98 t€ | 84 t€ | 76 t€ | 74 t€ |
| Equity | 88 t€ | 89 t€ | 78 t€ | 70 t€ | 71 t€ |
| Cash and bank | 54 t€ | 56 t€ | 54 t€ | 48 t€ | 47 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 | |
|---|---|---|---|---|---|
| Turnover | 188 t€ | 194 t€ | 178 t€ | 158 t€ | 157 t€ |
| Other operating income | 0 € | 350 € | 0 € | 1 972 € | 4 940 € |
| Raw materials and services | 3 856 € | -4 575 € | -5 550 € | -7 917 € | -7 333 € |
| Personnel expenses | 81 t€ | -79 t€ | -73 t€ | -76 t€ | -65 t€ |
| Depreciations and reductions in value | 7 688 € | -7 422 € | -4 951 € | -4 497 € | -5 509 € |
| Other operating expenses | 87 t€ | -81 t€ | -79 t€ | -66 t€ | -59 t€ |
| Operating profit (loss) | 8 612 € | 21 t€ | 16 t€ | 6 051 € | 24 t€ |
| Financial income and expenses + (-) | -97 € | -12 € | 119 € | 3 € | 246 € |
| Profit (loss) before appropriations and taxes | 8 709 € | 21 t€ | 16 t€ | 6 054 € | 25 t€ |
| Income taxes | 1 725 € | -4 246 € | -3 232 € | -1 212 € | -4 937 € |
| Profit (loss) for the financial year | 6 984 € | 17 t€ | 13 t€ | 4 842 € | 20 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|---|---|
| Non-current assets | 23 t€ | 22 t€ | 15 t€ | 14 t€ | 17 t€ |
| Stocks | 820 € | 662 € | 767 € | 617 € | 939 € |
| Receivables | 15 t€ | 19 t€ | 14 t€ | 14 t€ | 9 219 € |
| Cash in hand and at banks | 54 t€ | 56 t€ | 54 t€ | 48 t€ | 47 t€ |
| Current assets | 69 t€ | 76 t€ | 69 t€ | 62 t€ | 57 t€ |
| Assets | 92 t€ | 98 t€ | 84 t€ | 76 t€ | 74 t€ |
| Share capital or other similar capital | 8 409 € | 8 409 € | 8 409 € | 8 409 € | 8 409 € |
| Capital and reserves | 88 t€ | 89 t€ | 78 t€ | 70 t€ | 71 t€ |
| Short-term liabilities | 4 024 € | 9 621 € | 6 039 € | 5 599 € | 2 367 € |
| Liabilities | 4 024 € | 9 621 € | 6 039 € | 5 599 € | 2 367 € |
All financial statement items (46)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | |
|---|---|---|---|---|---|
| Turnover | 188 t€ | 194 t€ | 178 t€ | 158 t€ | 157 t€ |
| Other operating income | 0 € | 350 € | 0 € | 1 972 € | 4 940 € |
| Raw materials and services | 3 856 € | -4 575 € | -5 550 € | -7 917 € | -7 333 € |
| Personnel expenses | 81 t€ | -79 t€ | -73 t€ | -76 t€ | -65 t€ |
| Depreciations and reductions in value | 7 688 € | -7 422 € | -4 951 € | -4 497 € | -5 509 € |
| Other operating expenses | 87 t€ | -81 t€ | -79 t€ | -66 t€ | -59 t€ |
| Operating profit (loss) | 8 612 € | 21 t€ | 16 t€ | 6 051 € | 24 t€ |
| Financial income and expenses + (-) | -97 € | -12 € | 119 € | 3 € | 246 € |
| Profit (loss) before appropriations and taxes | 8 709 € | 21 t€ | 16 t€ | 6 054 € | 25 t€ |
| Income taxes | 1 725 € | -4 246 € | -3 232 € | -1 212 € | -4 937 € |
| Profit (loss) for the financial year | 6 984 € | 17 t€ | 13 t€ | 4 842 € | 20 t€ |
| Non-current assets | 23 t€ | 22 t€ | 15 t€ | 14 t€ | 17 t€ |
| Stocks | 820 € | 662 € | 767 € | 617 € | 939 € |
| Receivables | 15 t€ | 19 t€ | 14 t€ | 14 t€ | 9 219 € |
| Cash in hand and at banks | 54 t€ | 56 t€ | 54 t€ | 48 t€ | 47 t€ |
| Current assets | 69 t€ | 76 t€ | 69 t€ | 62 t€ | 57 t€ |
| Assets | 92 t€ | 98 t€ | 84 t€ | 76 t€ | 74 t€ |
| Share capital or other similar capital | 8 409 € | 8 409 € | 8 409 € | 8 409 € | 8 409 € |
| Capital and reserves | 88 t€ | 89 t€ | 78 t€ | 70 t€ | 71 t€ |
| Short-term liabilities | 4 024 € | 9 621 € | 6 039 € | 5 599 € | 2 367 € |
| Liabilities | 4 024 € | 9 621 € | 6 039 € | 5 599 € | 2 367 € |
| Other social security expenses | 3 325 € | -2 708 € | -1 978 € | -1 453 € | -502 € |
| Other interest and financial income from non-group companies | 1 € | 5 € | 0 € | 12 € | 270 € |
| Short-term accrued expenses and deferred income | 96 € | 764 € | 434 € | 104 € | 418 € |
| Tangible assets | 23 t€ | 22 t€ | 15 t€ | 13 t€ | 17 t€ |
| Finished products | 820 € | 662 € | 767 € | 617 € | 939 € |
| Pension expenses | 13 t€ | -12 t€ | -11 t€ | -11 t€ | -8 857 € |
| Inventory increase (+) or decrease (-) | -159 € | -105 € | 149 € | -322 € | 118 € |
| Liabilities | 92 t€ | 98 t€ | 84 t€ | 76 t€ | 74 t€ |
| Machinery and equipment | 23 t€ | 22 t€ | 15 t€ | 13 t€ | 17 t€ |
| Services purchased | 1 208 € | -1 752 € | -2 096 € | -4 215 € | -4 831 € |
| Wages and salaries | 65 t€ | -65 t€ | -60 t€ | -64 t€ | -56 t€ |
| Other short-term receivables | 0 € | 803 € | 844 € | 691 € | 682 € |
| Short-term prepayments and accrued income | 2 311 € | 1 135 € | 1 323 € | 3 906 € | 906 € |
| Purchases during the financial year | 2 806 € | -2 718 € | -3 603 € | -3 381 € | -2 620 € |
| Investments | 10 € | 10 € | 10 € | 10 € | 100 € |
| Short-term sales receivables | 12 t€ | 17 t€ | 12 t€ | 9 070 € | 7 630 € |
| Other shares and similar rights of ownership | 10 € | 10 € | 10 € | 10 € | 100 € |
| Profit (loss) for the period, equity | 6 984 € | 17 t€ | 13 t€ | 4 842 € | 20 t€ |
| Other current liabilities | 1 721 € | 7 182 € | 3 777 € | 4 049 € | 1 949 € |
| Interest expenses and other financial expenses for non-Group companies | 23 € | -18 € | -21 € | -9 € | -24 € |
| Retained earnings | 73 t€ | 63 t€ | 56 t€ | 57 t€ | 43 t€ |
| Income from other investments under non-current assets, from other companies | 120 € | 0 € | 140 € | 0 € | – |
| Short-term accounts payable | 2 207 € | 1 676 € | 1 828 € | 1 446 € | 0 € |
| Depreciations according to plan | 7 688 € | -7 422 € | -4 951 € | -4 497 € | -5 509 € |
| Short-term receivables | 15 t€ | 19 t€ | 14 t€ | 14 t€ | 9 219 € |
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, Polar Gym Oy is in the upper half of the industry class activities of fitness centres (302 companies with taxable income; median 18 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.
Sales to public buyers
Largest buyers
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