Kellosoppi Oy

OYDissolved

Y-tunnus 0308091-5Insinöörinkatu 23, 33720 TampereRetail sale of watches and jewellery· NACE 4777Est. 1979 · 47 years old— employees

Overview

Kellosoppi Oy is a Finnish OY based in Tampere, operating in the Retail sale of watches and jewellery sector. Incorporated in 1979, the company reported revenue of €74.5k in its latest annual filing.

Revenue 2020

74.5K EUR

+37% vs 2019

EBITDA margin

15.5 %

+187% vs 2019

Net profit 2020

11.5K EUR

+187% vs 2019

Key ratios

See full ratios →

-9.0 %

Very weak

Among the 20% lowest rated companies in the industry

20192020

25.8×

Very strong

Among the 10% highest rated companies in the industry

20192020

12.4 %

Strong

Among the 30% highest rated companies in the industry

20192020

EBITDA — year on year

EUR thousands

Key figures

Annual report 2020

Revenue	74.5K EUR	+37%
EBITDA	11.5K EUR	+187%
Net profit	11.5K EUR	+187%
Total assets	92.8K EUR	-2%
Equity	-8.4K EUR	+58%
Employees	—	—

Contact

Address

Insinöörinkatu 23, 33720 Tampere

Phone

+35833174115

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Financial development

In its most recent annual report (2020), Kellosoppi Oy reported revenue of €74.5k, an increase of 37% on the year before. The figures on this page draw on 2 annual filings covering 2019 to 2020. The bottom line showed a net profit of €11.5k, and the EBITDA margin stood at 15.5%.

At the end of 2020, current assets covered short-term debt 25.8 times.

Financials

Revenue

EUR thousands

EBITDA

EUR thousands

Income statement

EUR thousands

Item	2020	2019
Revenue	74	54
Staff expenses	-2	-31
EBITDA	12	-13
Depreciation & amort.	—	—
EBIT	12	-13
Net financials	—	-0
Profit before tax	12	-13
Tax	-0	-0
Net profit	12	-13

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Balance sheet

EUR thousands

Item	2020	2019
Total assets	93	95
Equity	-8	-20
Long-term debt	98	108
Short-term debt	4	7
Total debt	101	114

Financial ratios

5-year trend

EBITDA margin

15.5 %

20192020

Equity ratio

-9.0 %

Very weak

Among the 20% lowest rated companies in the industry

20192020

Return on equity

—

20192020

Net profit margin

15.5 %

Very strong

Among the 20% highest rated companies in the industry

20192020

Asset turnover

0.80×

Weak

Among the 40% lowest rated companies in the industry

20192020

Debt / equity

—

20192020

Sector performance

20 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginStrong

Among the 40% highest rated companies in the industry

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginVery strong

Among the 20% highest rated companies in the industry

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginVery strong

Among the 20% highest rated companies in the industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on assets (ROA)Strong

Among the 30% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Basic earning power (BEP)Strong

Among the 40% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioVery strong

Among the 20% highest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Return on equity (ROE)Not rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on net assets (RONA)Not rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Liquidity

Current ratioVery strong

Among the 10% highest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioVery strong

Among the 10% highest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioVery strong

Among the 10% highest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Cash conversion ratioWeak

Among the 40% lowest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Current assets to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Debt & solvency

Solidity ratioVery weak

Among the 20% lowest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioVery weak

Among the 20% lowest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Income to debtAverage

Around the average of companies in the same industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtAverage

Around the average of companies in the same industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest rate on debtVery strong

Among the 10% highest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginStrong

Among the 30% highest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Debt to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Interest coverageNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The ability to pay the interest on the company's debt out of its earnings.

Efficiency & development

Asset turnoverWeak

Among the 40% lowest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverVery strong

Among the 10% highest rated companies in the industry

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Equity to contributed capitalVery weak

Among the 20% lowest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in debtStrong

Among the 40% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

One-year change in equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The size of this year's increase or decrease in the company's equity.

Annual reports & filings

Annual report 2020
Filed via PRH / YTJ · Period 2019-10-01 – 2020-09-30
View PDF
Annual report 2019
Filed via PRH / YTJ · Period 2018-10-01 – 2019-09-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (3)


HK Helena Kyllikki Siponen Chief Executive Officer	Chief Executive Officer	1998 – 2020
MH Maarit Helena Riitijoki-Lindström Deputy Member	Deputy Member	2011 – 2020
KA Katja Adele Latva-Pirilä Audit	Audit	2011 – 2023

Board of directors

Non-executive oversight

Name	Role	Member since

Former (2)


HK Helena Kyllikki Siponen Chairperson	Chairperson	2011 – 2020
AM Airi Maria Suvitie Board of Directors	Board of Directors	2011 – 2020

Shareholders

Active legal owners

No shareholder data available.

One in three Danish companies experiences fraud

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Kellosoppi Oy also hold positions in 374 other companies.

Person	Role here	Other companies
Katja Adele Latva-Pirilä	Audit	373 companiesMany roles
Helena Kyllikki Siponen	Chief Executive Officer	1 company

Frequently asked questions

What is the Y-tunnus number of Kellosoppi Oy?

Kellosoppi Oy is registered with PRH / YTJ under Y-tunnus 0308091-5.

What is the revenue of Kellosoppi Oy?

Kellosoppi Oy reported revenue of €74.5k in 2020.

Where is Kellosoppi Oy headquartered?

Kellosoppi Oy's registered address is Insinöörinkatu 23.