Frendigolf Oy is a limited company based in Oulu, registered in 2024. In the financial year ending 31.1.2026, revenue was 140 t€ and operating profit 13 t€; equity ratio 85.4 %.
Revenue 2026140 t€+45 % on the previous year
Operating profit13 t€9,5 % of revenue
Net profit11 t€EBITDA 13 t€
Equity ratio85,4 %quick ratio 0,75
In business2 yrsregistered 18.1.2024
Oulu: 35 new companies in 30 days
- CoMa Works OyMuu mainostoimistojen toiminta
- Pikimedia OyMuu mainostoimistojen toiminta
- Agentic Cloud OyLaitteistokonsultointi ja käyttö- ja hallintapalvelut
Try for free
Get your area's new companies by email every morning. 14 days, no card needed.
Financials
RevenueOperating profitNet profit
| Key figures | 31.1.2026 | 31.1.2025 |
|---|---|---|
| Revenue | 140 t€ | 97 t€ |
| Revenue change | 45,4 % | – |
| EBITDA | 13 t€ | -548 € |
| EBITDA % | 9,2 % | -0,6 % |
| Operating profit | 13 t€ | -1 048 € |
| Operating margin | 9,5 % | -1,1 % |
| Net profit | 11 t€ | -1 074 € |
| Personnel costs | -6 139 € | 3 590 € |
| Equity ratio | 85,4 % | 36,2 % |
| Quick ratio | 0,75 | 0,27 |
| Current ratio | 6,48 | 1,45 |
| Debt to revenue | 2,2 % | 12,8 % |
| Return on equity | 60,6 % | -15,3 % |
| Balance sheet total | 21 t€ | 19 t€ |
| Equity | 18 t€ | 7 006 € |
| Cash and bank | 338 € | 3 103 € |
Balance sheet
Balance sheet totalEquityCash
Income statement and balance sheet
Income statement
| 31.1.2026 | 31.1.2025 | |
|---|---|---|
| Turnover | 140 t€ | 97 t€ |
| Other operating income | 990 € | 990 € |
| Raw materials and services | 88 t€ | -67 t€ |
| Personnel expenses | 6 139 € | -3 590 € |
| Depreciations and reductions in value | 375 € | -500 € |
| Other operating expenses | 33 t€ | -27 t€ |
| Operating profit (loss) | 13 t€ | -1 048 € |
| Financial income and expenses + (-) | 90 € | -27 € |
| Profit (loss) before appropriations and taxes | 13 t€ | -1 074 € |
| Income taxes | 2 415 € | 0 € |
| Profit (loss) for the financial year | 11 t€ | -1 074 € |
Balance sheet
| 31.1.2026 | 31.1.2025 | |
|---|---|---|
| Non-current assets | 1 125 € | 1 500 € |
| Stocks | 17 t€ | 14 t€ |
| Receivables | 1 939 € | 266 € |
| Cash in hand and at banks | 338 € | 3 103 € |
| Current assets | 20 t€ | 18 t€ |
| Assets | 21 t€ | 19 t€ |
| Capital and reserves | 18 t€ | 7 006 € |
| Short-term liabilities | 3 039 € | 12 t€ |
| Liabilities | 3 039 € | 12 t€ |
All financial statement items (44)
| 31.1.2026 | 31.1.2025 | |
|---|---|---|
| Turnover | 140 t€ | 97 t€ |
| Other operating income | 990 € | 990 € |
| Raw materials and services | 88 t€ | -67 t€ |
| Personnel expenses | 6 139 € | -3 590 € |
| Depreciations and reductions in value | 375 € | -500 € |
| Other operating expenses | 33 t€ | -27 t€ |
| Operating profit (loss) | 13 t€ | -1 048 € |
| Financial income and expenses + (-) | 90 € | -27 € |
| Profit (loss) before appropriations and taxes | 13 t€ | -1 074 € |
| Income taxes | 2 415 € | 0 € |
| Profit (loss) for the financial year | 11 t€ | -1 074 € |
| Non-current assets | 1 125 € | 1 500 € |
| Stocks | 17 t€ | 14 t€ |
| Receivables | 1 939 € | 266 € |
| Cash in hand and at banks | 338 € | 3 103 € |
| Current assets | 20 t€ | 18 t€ |
| Assets | 21 t€ | 19 t€ |
| Capital and reserves | 18 t€ | 7 006 € |
| Short-term liabilities | 3 039 € | 12 t€ |
| Liabilities | 3 039 € | 12 t€ |
| Reserve for invested non-restricted equity | 8 080 € | 8 080 € |
| Profit (loss) for the period, equity | 11 t€ | -1 074 € |
| Machinery and equipment | 1 125 € | 1 500 € |
| Pension expenses | 478 € | 0 € |
| Short-term accounts payable | 224 € | 12 t€ |
| Short-term prepayments and accrued income | 123 € | 0 € |
| Liabilities | 21 t€ | 19 t€ |
| Finished products | 17 t€ | 14 t€ |
| Short-term accrued expenses and deferred income | 2 415 € | 0 € |
| Short-term sales receivables | 1 316 € | 266 € |
| Interest expenses and other financial expenses for non-Group companies | 129 € | -51 € |
| Long-term receivables | 499 € | 0 € |
| Other current liabilities | 400 € | 148 € |
| Short-term receivables | 1 440 € | 266 € |
| Other long-term receivables | 499 € | 0 € |
| Retained earnings | -1 074 € | 0 € |
| Inventory increase (+) or decrease (-) | -2 915 € | 14 t€ |
| Depreciations according to plan | 375 € | -500 € |
| Tangible assets | 1 125 € | 1 500 € |
| Services purchased | 4 242 € | 0 € |
| Purchases during the financial year | 87 t€ | -82 t€ |
| Other interest and financial income from non-group companies | 39 € | 24 € |
| Other social security expenses | 245 € | -41 € |
| Wages and salaries | 5 415 € | -3 549 € |
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).