Arctic Ice Cream Factory Oy is a limited company based in Tervola, registered in 2015. In the financial year ending 30.9.2025, revenue was 88 t€ and operating profit 235 €; equity ratio 70.0 %. Public buyers bought 67 € from it in 2023–2023; the largest buyer is Työllisyys, kehittämis- ja hallintokeskus (Työ- ja elinkeinoministeriön hallinnonala).
Revenue 202588 t€-7 % on the previous year
Operating profit235 €0,3 % of revenue
Net profit730 €EBITDA -1 918 €
Equity ratio70,0 %quick ratio 1,32
Taxable income 20240 €
-100 % on the previous year
Income taxes 20240 €7 941 € in 2020–2024
In business11 yrsregistered 21.1.2015
Sales to public buyers67 €2023–2023
Financials
RevenueOperating profitNet profit
| Key figures | 30.9.2025 | 30.9.2024 | 30.9.2023 | 30.9.2022 | 30.9.2021 | 30.9.2020 |
|---|---|---|---|---|---|---|
| Revenue | 88 t€ | 95 t€ | 218 t€ | 172 t€ | 106 t€ | 114 t€ |
| Revenue change | -6,9 % | -56,4 % | 26,5 % | 62,2 % | -6,9 % | – |
| EBITDA | -1 918 € | -4 138 € | 28 t€ | 16 t€ | 9 546 € | 3 429 € |
| EBITDA % | -2,2 % | -4,4 % | 12,8 % | 9,1 % | 9,0 % | 3,0 % |
| Operating profit | 235 € | -7 009 € | 24 t€ | 11 t€ | 4 924 € | 1 375 € |
| Operating margin | 0,3 % | -7,4 % | 11,1 % | 6,2 % | 4,6 % | 1,2 % |
| Net profit | 730 € | -7 108 € | 19 t€ | 8 061 € | 3 154 € | 647 € |
| Personnel costs | -38 t€ | 41 t€ | 87 t€ | 58 t€ | 45 t€ | 56 t€ |
| Equity ratio | 70,0 % | 80,7 % | 50,3 % | 26,5 % | 16,7 % | 10,2 % |
| Quick ratio | 1,32 | 2,00 | 1,23 | 0,92 | 0,68 | 0,44 |
| Current ratio | 2,64 | 3,62 | 1,67 | 1,32 | 1,33 | 0,81 |
| Debt to revenue | 11,3 % | 6,1 % | 15,5 % | 24,0 % | 32,1 % | 28,3 % |
| Return on equity | 3,1 % | -29,2 % | 56,4 % | 54,1 % | 46,1 % | 17,6 % |
| Balance sheet total | 33 t€ | 30 t€ | 68 t€ | 56 t€ | 41 t€ | 44 t€ |
| Equity | 23 t€ | 24 t€ | 34 t€ | 15 t€ | 6 834 € | 3 680 € |
| Cash and bank | 9 653 € | 1 362 € | 14 t€ | 3 966 € | 2 606 € | 11 t€ |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 30.9.2025 | 30.9.2024 | 30.9.2023 | 30.9.2022 | 30.9.2021 | 30.9.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 88 t€ | 95 t€ | 218 t€ | 172 t€ | 106 t€ | 114 t€ |
| Other operating income | 0 € | 6 392 € | 12 t€ | 6 640 € | 19 t€ | 14 t€ |
| Raw materials and services | 21 t€ | -33 t€ | -73 t€ | -63 t€ | -29 t€ | -30 t€ |
| Personnel expenses | 38 t€ | -41 t€ | -87 t€ | -58 t€ | -45 t€ | -56 t€ |
| Depreciations and reductions in value | 2 153 € | -2 871 € | -3 726 € | -4 968 € | -4 622 € | -2 054 € |
| Other operating expenses | 27 t€ | -31 t€ | -42 t€ | -42 t€ | -42 t€ | -38 t€ |
| Operating profit (loss) | 235 € | -7 009 € | 24 t€ | 11 t€ | 4 924 € | 1 375 € |
| Financial income and expenses + (-) | 89 € | -99 € | -186 € | -537 € | -479 € | -550 € |
| Profit (loss) before appropriations and taxes | 145 € | -7 108 € | 24 t€ | 10 t€ | 4 445 € | 825 € |
| Income taxes | -584 € | 0 € | -4 827 € | -2 041 € | -1 291 € | -178 € |
| Profit (loss) for the financial year | 730 € | -7 108 € | 19 t€ | 8 061 € | 3 154 € | 647 € |
Balance sheet
| 30.9.2025 | 30.9.2024 | 30.9.2023 | 30.9.2022 | 30.9.2021 | 30.9.2020 | |
|---|---|---|---|---|---|---|
| Non-current assets | 6 914 € | 9 067 € | 12 t€ | 15 t€ | 14 t€ | 18 t€ |
| Stocks | 13 t€ | 9 446 € | 15 t€ | 13 t€ | 13 t€ | 12 t€ |
| Receivables | 3 480 € | 10 t€ | 27 t€ | 25 t€ | 11 t€ | 3 376 € |
| Cash in hand and at banks | 9 653 € | 1 362 € | 14 t€ | 3 966 € | 2 606 € | 11 t€ |
| Current assets | 26 t€ | 21 t€ | 56 t€ | 41 t€ | 27 t€ | 26 t€ |
| Assets | 33 t€ | 30 t€ | 68 t€ | 56 t€ | 41 t€ | 44 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 23 t€ | 24 t€ | 34 t€ | 15 t€ | 6 834 € | 3 680 € |
| Long-term liabilities | – | – | 0 € | 10 t€ | 14 t€ | 8 750 € |
| Short-term liabilities | 9 981 € | 5 830 € | 34 t€ | 31 t€ | 20 t€ | 32 t€ |
| Liabilities | 9 981 € | 5 830 € | 34 t€ | 41 t€ | 34 t€ | 41 t€ |
All financial statement items (50)
| 30.9.2025 | 30.9.2024 | 30.9.2023 | 30.9.2022 | 30.9.2021 | 30.9.2020 | |
|---|---|---|---|---|---|---|
| Turnover | 88 t€ | 95 t€ | 218 t€ | 172 t€ | 106 t€ | 114 t€ |
| Other operating income | 0 € | 6 392 € | 12 t€ | 6 640 € | 19 t€ | 14 t€ |
| Raw materials and services | 21 t€ | -33 t€ | -73 t€ | -63 t€ | -29 t€ | -30 t€ |
| Personnel expenses | 38 t€ | -41 t€ | -87 t€ | -58 t€ | -45 t€ | -56 t€ |
| Depreciations and reductions in value | 2 153 € | -2 871 € | -3 726 € | -4 968 € | -4 622 € | -2 054 € |
| Other operating expenses | 27 t€ | -31 t€ | -42 t€ | -42 t€ | -42 t€ | -38 t€ |
| Operating profit (loss) | 235 € | -7 009 € | 24 t€ | 11 t€ | 4 924 € | 1 375 € |
| Financial income and expenses + (-) | 89 € | -99 € | -186 € | -537 € | -479 € | -550 € |
| Profit (loss) before appropriations and taxes | 145 € | -7 108 € | 24 t€ | 10 t€ | 4 445 € | 825 € |
| Income taxes | -584 € | 0 € | -4 827 € | -2 041 € | -1 291 € | -178 € |
| Profit (loss) for the financial year | 730 € | -7 108 € | 19 t€ | 8 061 € | 3 154 € | 647 € |
| Non-current assets | 6 914 € | 9 067 € | 12 t€ | 15 t€ | 14 t€ | 18 t€ |
| Stocks | 13 t€ | 9 446 € | 15 t€ | 13 t€ | 13 t€ | 12 t€ |
| Receivables | 3 480 € | 10 t€ | 27 t€ | 25 t€ | 11 t€ | 3 376 € |
| Cash in hand and at banks | 9 653 € | 1 362 € | 14 t€ | 3 966 € | 2 606 € | 11 t€ |
| Current assets | 26 t€ | 21 t€ | 56 t€ | 41 t€ | 27 t€ | 26 t€ |
| Assets | 33 t€ | 30 t€ | 68 t€ | 56 t€ | 41 t€ | 44 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 23 t€ | 24 t€ | 34 t€ | 15 t€ | 6 834 € | 3 680 € |
| Long-term liabilities | – | – | 0 € | 10 t€ | 14 t€ | 8 750 € |
| Short-term liabilities | 9 981 € | 5 830 € | 34 t€ | 31 t€ | 20 t€ | 32 t€ |
| Liabilities | 9 981 € | 5 830 € | 34 t€ | 41 t€ | 34 t€ | 41 t€ |
| Purchases during the financial year | 24 t€ | -28 t€ | -72 t€ | -49 t€ | -28 t€ | -28 t€ |
| Depreciations according to plan | 2 153 € | -2 871 € | -3 726 € | -4 968 € | -4 622 € | -2 054 € |
| Pension expenses | 5 418 € | -11 t€ | -16 t€ | -11 t€ | -8 008 € | -10 t€ |
| Short-term sales receivables | 2 605 € | 5 600 € | 12 t€ | 21 t€ | 8 657 € | 2 622 € |
| Tangible assets | 6 914 € | 9 067 € | 12 t€ | 15 t€ | 14 t€ | 18 t€ |
| Short-term advances received | – | – | – | – | 0 € | 8 217 € |
| Wages and salaries | 31 t€ | -29 t€ | -68 t€ | -46 t€ | -36 t€ | -44 t€ |
| Other short-term receivables | 875 € | 3 657 € | 15 t€ | 3 519 € | 2 132 € | 753 € |
| Profit (loss) for the period, equity | 730 € | -7 108 € | 19 t€ | 8 061 € | 3 154 € | 647 € |
| Other social security expenses | 1 312 € | -1 234 € | -3 172 € | -1 608 € | -1 306 € | -1 537 € |
| Short-term liabilities to credit institutions | – | – | 0 € | 3 750 € | 5 000 € | 5 000 € |
| Other long-term liabilities | – | – | 0 € | 10 t€ | 10 t€ | 0 € |
| Short-term accounts payable | 5 678 € | 4 436 € | 16 t€ | 15 t€ | 3 566 € | 2 438 € |
| Machinery and equipment | 6 459 € | 8 612 € | 11 t€ | 15 t€ | 14 t€ | 18 t€ |
| Other interest and financial income from non-group companies | 8 € | 1 € | 0 € | 1 € | 0 € | 0 € |
| Liabilities | 33 t€ | 30 t€ | 68 t€ | 56 t€ | 41 t€ | 44 t€ |
| Services purchased | 24 € | 0 € | -2 634 € | -13 t€ | -2 759 € | -2 789 € |
| Short-term prepayments and accrued income | 0 € | 1 013 € | 0 € | 0 € | 427 € | 0 € |
| Retained earnings | 20 t€ | 29 t€ | 12 t€ | 4 334 € | 1 180 € | 533 € |
| Inventory increase (+) or decrease (-) | -3 788 € | -5 455 € | 2 386 € | -692 € | 1 611 € | 845 € |
| Short-term accrued expenses and deferred income | 0 € | 690 € | 8 770 € | 6 985 € | 4 474 € | 4 032 € |
| Finished products | 1 100 € | 1 016 € | 894 € | 758 € | 855 € | 1 033 € |
| Other tangible assets | 455 € | 455 € | 455 € | 0 € | – | – |
| Long-term liabilities to credit institutions | – | – | – | 0 € | 3 750 € | 8 750 € |
| Short-term receivables | 3 480 € | 10 t€ | 27 t€ | 25 t€ | 11 t€ | 3 376 € |
| Other current liabilities | 4 303 € | 704 € | 8 474 € | 6 050 € | 7 271 € | 12 t€ |
| Materials and supplies | 12 t€ | 8 430 € | 14 t€ | 12 t€ | 12 t€ | 11 t€ |
| Interest expenses and other financial expenses for non-Group companies | 97 € | -100 € | -186 € | -538 € | -480 € | -550 € |
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.
Sales to public buyers
Largest buyers
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