Arctic Academy Oy is a limited company based in Sodankylä, registered in 1997. In the financial year ending 31.5.2026, revenue was 71 t€ and operating profit 11 t€; equity ratio 91.7 %. Its taxable income in 2024 was 13 t€ and its income taxes 2 603 €.
Revenue 202671 t€+16 % on the previous year
Operating profit11 t€15,5 % of revenue
Net profit8 781 €EBITDA 5 544 €
Equity ratio91,7 %quick ratio 8,32
Taxable income 202413 t€
lower half of its industry
Income taxes 20242 603 €3 273 € in 2020–2024
In business29 yrsregistered 4.9.1997
Financials
RevenueOperating profitNet profit
| Key figures | 31.5.2026 | 31.5.2025 | 31.5.2024 | 31.5.2023 | 31.5.2022 | 31.5.2021 |
|---|---|---|---|---|---|---|
| Revenue | 71 t€ | 61 t€ | 38 t€ | 34 t€ | 24 t€ | 427 € |
| Revenue change | 16,2 % | 61,5 % | 11,0 % | 41,5 % | 5566,7 % | – |
| EBITDA | 5 544 € | 26 t€ | 16 t€ | 15 t€ | 11 t€ | -6 766 € |
| EBITDA % | 7,8 % | 41,5 % | 42,2 % | 42,9 % | 45,7 % | -1583,5 % |
| Operating profit | 11 t€ | 23 t€ | 13 t€ | 13 t€ | 9 370 € | -8 037 € |
| Operating margin | 15,5 % | 37,6 % | 33,9 % | 37,5 % | 38,7 % | -1881,0 % |
| Net profit | 8 781 € | 18 t€ | 10 t€ | 12 t€ | 8 355 € | -9 057 € |
| Personnel costs | -15 t€ | 7 030 € | 130 € | 130 € | 130 € | 1 728 € |
| Equity ratio | 91,7 % | 92,0 % | 95,5 % | 95,7 % | 58,8 % | -11,3 % |
| Quick ratio | 8,32 | 9,49 | 11,27 | 10,80 | 0,26 | 0,29 |
| Current ratio | 8,32 | 9,49 | 11,27 | 10,80 | 0,26 | 0,29 |
| Debt to revenue | 6,2 % | 6,1 % | 3,4 % | 2,4 % | 19,3 % | 3847,9 % |
| Return on equity | 18,0 % | 42,3 % | 37,7 % | 63,7 % | 124,9 % | – |
| Balance sheet total | 53 t€ | 47 t€ | 29 t€ | 19 t€ | 11 t€ | 15 t€ |
| Equity | 49 t€ | 43 t€ | 27 t€ | 18 t€ | 6 688 € | -1 667 € |
| Cash and bank | 36 t€ | 34 t€ | 13 t€ | 8 484 € | 818 € | 441 € |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.5.2026 | 31.5.2025 | 31.5.2024 | 31.5.2023 | 31.5.2022 | 31.5.2021 | |
|---|---|---|---|---|---|---|
| Turnover | 71 t€ | 61 t€ | 38 t€ | 34 t€ | 24 t€ | 427 € |
| Other operating income | – | – | – | 0 € | 2 000 € | 4 000 € |
| Raw materials and services | 972 € | -402 € | -109 € | -70 € | -31 € | -96 € |
| Personnel expenses | 15 t€ | -7 030 € | -130 € | -130 € | -130 € | -1 728 € |
| Depreciations and reductions in value | 5 495 € | -2 413 € | -3 136 € | -1 848 € | -1 685 € | -1 271 € |
| Other operating expenses | 39 t€ | -29 t€ | -22 t€ | -19 t€ | -15 t€ | -9 369 € |
| Operating profit (loss) | 11 t€ | 23 t€ | 13 t€ | 13 t€ | 9 370 € | -8 037 € |
| Financial income and expenses + (-) | 61 € | -60 € | -41 € | -450 € | -1 016 € | -1 020 € |
| Profit (loss) before appropriations and taxes | 11 t€ | 23 t€ | 13 t€ | 12 t€ | 8 355 € | -9 057 € |
| Income taxes | 2 197 € | -4 635 € | -2 603 € | -670 € | 0 € | – |
| Profit (loss) for the financial year | 8 781 € | 18 t€ | 10 t€ | 12 t€ | 8 355 € | -9 057 € |
Balance sheet
| 31.5.2026 | 31.5.2025 | 31.5.2024 | 31.5.2023 | 31.5.2022 | 31.5.2021 | |
|---|---|---|---|---|---|---|
| Non-current assets | 17 t€ | 12 t€ | 14 t€ | 10 t€ | 10 t€ | 10 t€ |
| Receivables | 406 € | 2 000 € | 1 579 € | 410 € | 395 € | 4 293 € |
| Cash in hand and at banks | 36 t€ | 34 t€ | 13 t€ | 8 484 € | 818 € | 441 € |
| Current assets | 37 t€ | 36 t€ | 15 t€ | 8 895 € | 1 212 € | 4 734 € |
| Assets | 53 t€ | 47 t€ | 29 t€ | 19 t€ | 11 t€ | 15 t€ |
| Share capital or other similar capital | 8 409 € | 8 409 € | 8 409 € | 8 409 € | 8 409 € | 8 409 € |
| Capital and reserves | 49 t€ | 43 t€ | 27 t€ | 18 t€ | 6 688 € | -1 667 € |
| Short-term liabilities | 4 396 € | 3 759 € | 1 292 € | 824 € | 4 682 € | 16 t€ |
| Liabilities | 4 396 € | 3 759 € | 1 292 € | 824 € | 4 682 € | 16 t€ |
All financial statement items (42)
| 31.5.2026 | 31.5.2025 | 31.5.2024 | 31.5.2023 | 31.5.2022 | 31.5.2021 | |
|---|---|---|---|---|---|---|
| Turnover | 71 t€ | 61 t€ | 38 t€ | 34 t€ | 24 t€ | 427 € |
| Other operating income | – | – | – | 0 € | 2 000 € | 4 000 € |
| Raw materials and services | 972 € | -402 € | -109 € | -70 € | -31 € | -96 € |
| Personnel expenses | 15 t€ | -7 030 € | -130 € | -130 € | -130 € | -1 728 € |
| Depreciations and reductions in value | 5 495 € | -2 413 € | -3 136 € | -1 848 € | -1 685 € | -1 271 € |
| Other operating expenses | 39 t€ | -29 t€ | -22 t€ | -19 t€ | -15 t€ | -9 369 € |
| Operating profit (loss) | 11 t€ | 23 t€ | 13 t€ | 13 t€ | 9 370 € | -8 037 € |
| Financial income and expenses + (-) | 61 € | -60 € | -41 € | -450 € | -1 016 € | -1 020 € |
| Profit (loss) before appropriations and taxes | 11 t€ | 23 t€ | 13 t€ | 12 t€ | 8 355 € | -9 057 € |
| Income taxes | 2 197 € | -4 635 € | -2 603 € | -670 € | 0 € | – |
| Profit (loss) for the financial year | 8 781 € | 18 t€ | 10 t€ | 12 t€ | 8 355 € | -9 057 € |
| Non-current assets | 17 t€ | 12 t€ | 14 t€ | 10 t€ | 10 t€ | 10 t€ |
| Receivables | 406 € | 2 000 € | 1 579 € | 410 € | 395 € | 4 293 € |
| Cash in hand and at banks | 36 t€ | 34 t€ | 13 t€ | 8 484 € | 818 € | 441 € |
| Current assets | 37 t€ | 36 t€ | 15 t€ | 8 895 € | 1 212 € | 4 734 € |
| Assets | 53 t€ | 47 t€ | 29 t€ | 19 t€ | 11 t€ | 15 t€ |
| Share capital or other similar capital | 8 409 € | 8 409 € | 8 409 € | 8 409 € | 8 409 € | 8 409 € |
| Capital and reserves | 49 t€ | 43 t€ | 27 t€ | 18 t€ | 6 688 € | -1 667 € |
| Short-term liabilities | 4 396 € | 3 759 € | 1 292 € | 824 € | 4 682 € | 16 t€ |
| Liabilities | 4 396 € | 3 759 € | 1 292 € | 824 € | 4 682 € | 16 t€ |
| Buildings and structures, Owned | 0 € | 5 266 € | 5 649 € | 6 079 € | 6 563 € | 7 111 € |
| Investments | 186 € | 186 € | 186 € | 186 € | 186 € | 186 € |
| Other short-term receivables | 406 € | 2 000 € | 1 579 € | 395 € | 395 € | 96 € |
| Other current liabilities | 4 134 € | 1 363 € | 64 € | 0 € | 4 522 € | 16 t€ |
| Retained earnings | 32 t€ | 17 t€ | 8 558 € | -1 721 € | -10 t€ | -1 019 € |
| Short-term prepayments and accrued income | – | – | 0 € | 15 € | 0 € | 4 197 € |
| Short-term accounts payable | 262 € | 301 € | 323 € | 154 € | 160 € | 193 € |
| Profit (loss) for the period, equity | 8 781 € | 18 t€ | 10 t€ | 12 t€ | 8 355 € | -9 057 € |
| Intangible rights | – | – | – | – | 0 € | 802 € |
| Short-term receivables | 406 € | 2 000 € | 1 579 € | 410 € | 395 € | 4 293 € |
| Interest expenses and other financial expenses for non-Group companies | 62 € | -82 € | -41 € | -450 € | -1 016 € | -1 020 € |
| Tangible assets | 16 t€ | 11 t€ | 14 t€ | 10 t€ | 9 972 € | 9 052 € |
| Wages and salaries | 14 t€ | -6 900 € | 0 € | – | – | – |
| Short-term accrued expenses and deferred income | 0 € | 2 095 € | 905 € | 670 € | 0 € | – |
| Intangible assets | – | – | – | – | 0 € | 802 € |
| Liabilities | 53 t€ | 47 t€ | 29 t€ | 19 t€ | 11 t€ | 15 t€ |
| Other interest and financial income from non-group companies | 1 € | 22 € | 0 € | 0 € | 0 € | 0 € |
| Other social security expenses | 130 € | -130 € | -130 € | -130 € | -130 € | -1 728 € |
| Machinery and equipment | 16 t€ | 6 090 € | 8 120 € | 4 092 € | 3 409 € | 1 941 € |
| Depreciations according to plan | 5 495 € | -2 413 € | -3 136 € | -1 848 € | -1 685 € | -1 271 € |
| Services purchased | 972 € | -402 € | -109 € | -70 € | -31 € | -96 € |
| Other shares and similar rights of ownership | 186 € | 186 € | 186 € | 186 € | 186 € | 186 € |
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, Arctic Academy Oy is in the lower half of the industry class other reservation service and related activities (374 companies with taxable income; median 17 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.