Baltic FR8 Ab
OYDissolvedY-tunnus 0850407-8C/O Baltic Group Ab Torggatan 13 A, 22100 MariehamnWholesale of solid, liquid and gaseous fuels and related products· NACE 4681Est. 1991 · 35 years old— employees
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Overview
Baltic FR8 Ab is a Finnish OY based in Mariehamn, operating in the Wholesale of solid, liquid and gaseous fuels and related products sector. Incorporated in 1991, the company reported revenue of €0 in its latest annual filing.
Revenue 2025
0K EUR
EBITDA margin
—
Net profit 2025
0K EUR
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
100.0 %
Very strongAmong the 10% highest rated companies in the industry
20212025
Liquidity ratioCurrent assets ÷ Short-term debt
0.0×
20212025
Return on assets (ROA)Net profit ÷ Total assets × 100
0.0 %
WeakAmong the 40% lowest rated companies in the industry
20212025
EBITDA — year on year
EURKey figures
Annual report 2025| Revenue | 0K EUR | — |
| EBITDA | 0K EUR | — |
| Net profit | 0K EUR | — |
| Total assets | 10.4K EUR | 0% |
| Equity | 10.4K EUR | -40% |
| Employees | — | — |
Company information
Legal name
Baltic FR8 Ab
Y-tunnus number
0850407-8
Legal form
Osakeyhtiö
Founded
6 March 1991 · 35 years
Share capital
EUR 8,500
Employees
—
VAT registered
No
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Hallituksen jäsenet ja toimitusjohtaja kukin yksin
Company purpose
Föremålet för bolagets verksamhet är att bedriva shipping och konsultverksamhet inom shippingbranschen. Bolaget kan också tillhandahålla tjänster i anslutning till befraktning av tonnage, upprätthålla kalkyler, sammanställa statistik, sköta redovisnings- och betalningsuppdrag samt övriga med verksamheten sammanhängande uppgifter.
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Contact
Address
C/O Baltic Group Ab Torggatan 13 A, 22100 Mariehamn
Email
info@baltic.ax
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Financial development
In its most recent annual report (2025), Baltic FR8 Ab reported revenue of €0. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a break-even result.
At the end of 2025, equity financed 100% of the balance sheet.
Financials
Revenue
EUREBITDA
EURIncome statement
EUR thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| Staff expenses | -0 | -0 | -0 | — | -0 |
| EBITDA | 0 | 0 | 0 | 0 | 0 |
| Depreciation & amort. | -0 | -0 | -0 | — | — |
| EBIT | 0 | 0 | 0 | 0 | 0 |
| Net financials | 0 | 0 | 0 | — | — |
| Profit before tax | 0 | 0 | 0 | — | 0 |
| Tax | -0 | -0 | -0 | -0 | -0 |
| Net profit | 0 | 0 | 0 | 0 | 0 |
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Balance sheet
EUR thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 10 | 10 | 10 | 10 | 10 |
| Equity | 10 | 17 | 10 | 10 | 10 |
| Long-term debt | 0 | 0 | 0 | — | — |
| Short-term debt | 0 | 0 | 0 | 0 | — |
| Total debt | 0 | 0 | 0 | 0 | — |
Financial ratios
5-year trendEBITDA margin
0.0 %
20212025
Equity ratio
100.0 %
Very strongAmong the 10% highest rated companies in the industry
20212025
Return on equity
0.0 %
WeakAmong the 30% lowest rated companies in the industry
20212025
Net profit margin
0.0 %
20212025
Asset turnover
0.00×
Very weakAmong the 10% lowest rated companies in the industry
20212025
Debt / equity
0.00×
20212025
Sector performance
11 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Return on equity (ROE)Weak
Among the 30% lowest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Weak
Among the 40% lowest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Weak
Among the 30% lowest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Weak
Among the 40% lowest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Gross marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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 marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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 marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Capacity ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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.
Liquidity
Current assets to equityStrong
Among the 30% highest rated companies in the industry
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 capitalVery strong
Among the 10% highest rated companies in the industry
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.
Current ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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 ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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 ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Cash conversion ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioVery strong
Among the 10% highest 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.
Liabilities to equityVery strong
Among the 10% highest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Debt ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
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.
Income to debtNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
EBITDA relative to debt — how much operating earnings are available to service the debt.
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.
Interest rate on debtNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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.
Efficiency & development
Asset turnoverVery weak
Among the 10% lowest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
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 equityVery weak
Among the 20% lowest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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.
One-year change in debtNot 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 debt.
Annual reports & filings
- Annual report 2025Filed via PRH / YTJ · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via PRH / YTJ · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via PRH / YTJ · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via PRH / YTJ · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via PRH / YTJ · Period 2021-01-01 – 2021-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
IA Deputy Member | Deputy Member | 2016 |
LJ Chief Executive Officer | Chief Executive Officer | 2000 |
Former (5)
| Audit | 2022 – 2026 | |
JJ Deputy auditor | Deputy auditor | 2022 – 2023 |
KO Audit | Audit | 2002 – 2021 |
FS | Audit | 2021 – 2022 |
EJ Deputy auditor | Deputy auditor | 2021 – 2022 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
LJ Board of Directors | Board of Directors | 2016 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2023 |
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Related companies
Company hierarchy
Baltic Group Ab
Baltic FR8 Ab Board network connections
Board members of Baltic FR8 Ab also hold positions in 433 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Fredrik Sebastian Salonen | Audit | 278 companiesMany roles |
| Henry Johannes Kullervo Maarala | Audit | 47 companiesMany roles |
| Kari Olavi Niukko | Audit | 36 companiesMany roles |
| Esa Jaakko Kailiala | Deputy auditor | 30 companiesMany roles |
| Lars Johan Mathias Eklund | Chief Executive Officer | 19 companiesMany roles |
| Jessica Johanna Björkgren | Deputy auditor | 15 companiesMany roles |
| Inger Anette Sundberg | Deputy Member | 8 companiesMany roles |
Frequently asked questions
What is the Y-tunnus number of Baltic FR8 Ab?
Baltic FR8 Ab is registered with PRH / YTJ under Y-tunnus 0850407-8.
Who is the CEO of Baltic FR8 Ab?
Lars Johan Mathias Eklund is the CEO of Baltic FR8 Ab, in role since 2000.
Where is Baltic FR8 Ab headquartered?
Baltic FR8 Ab's registered address is C/O Baltic Group Ab Torggatan 13 A.