HUB logistics Packaging Oy
OYActiveY-tunnus 0871816-4Vanha Porvoontie 256 B, 01380 VantaaManufacture of wooden containers· NACE 1624Est. 1992 · 34 years old114 employees
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Overview
HUB logistics Packaging Oy is a Finnish OY based in Vantaa, operating in the Manufacture of wooden containers sector. Incorporated in 1992, the company has 114 employees and reported revenue of €129.8k in its latest annual filing.
Revenue 2024
0.1M EUR
−99% vs 2022
EBITDA margin
118.1 %
−91% vs 2022
Net profit 2024
0M EUR
-100% vs 2022
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
34.5 %
WeakAmong the 40% lowest rated companies in the industry
20192024
Liquidity ratioCurrent assets ÷ Short-term debt
0.4×
Very weakAmong the 10% lowest rated companies in the industry
20192024
Return on assets (ROA)Net profit ÷ Total assets × 100
0.0 %
WeakAmong the 40% lowest rated companies in the industry
20192024
EBITDA — year on year
EUR thousandsKey figures
Annual report 2024| Revenue | 0.1M EUR | -99% |
| EBITDA | 0.2M EUR | -91% |
| Net profit | 0M EUR | -100% |
| Total assets | 4.5M EUR | -50% |
| Equity | 1.6M EUR | +5% |
| Employees | 114 | — |
Company information
Legal name
HUB logistics Packaging Oy
Y-tunnus number
0871816-4
Legal form
Osakeyhtiö
NACE code
Founded
22 January 1992 · 34 years
Share capital
EUR 33,638
Employees
114 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Toimitusjohtaja yksin ja hallituksen jäsenet kaksi yhdessä
Company purpose
Bolagets verksamhetsområde är handel med virke och faner, försäljning och tillverkning av olika förpackningsprodukter och - tjänster, utrikeshandel samt flyttverksamhet.
(no translation available)
Address
Vanha Porvoontie 256 B, 01380 Vantaa
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Financial development
In its most recent annual report (2024), HUB logistics Packaging Oy reported revenue of €129.8k, a decrease of 99% on the year before. The figures on this page draw on 5 annual filings covering 2019 to 2024. The bottom line showed a net profit of €211, and the EBITDA margin stood at 118.1%.
At the end of 2024, equity financed 34.5% of the balance sheet, and current assets covered short-term debt 0.4 times.
Financials
Revenue
EUR millionsEBITDA
EUR thousandsIncome statement
EUR thousands| Item | 2024 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 130 | 14,899 | 13,367 | 12,503 | 13,363 |
| Staff expenses | -772 | -3,863 | -3,564 | -3,429 | -3,385 |
| EBITDA | 153 | 1,726 | 1,473 | 2,387 | 3,330 |
| Depreciation & amort. | -143 | -74 | -92 | -134 | -148 |
| EBIT | 10 | 1,652 | 1,381 | 2,253 | 3,182 |
| Net financials | 4 | -0 | -2 | 2 | 1 |
| Profit before tax | -999 | 392 | 298 | 583 | 845 |
| Tax | -6 | 325 | 288 | 465 | 25 |
| Net profit | 0 | 67 | 10 | 118 | 820 |
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Balance sheet
EUR thousands| Item | 2024 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Total assets | 4,531 | 9,066 | 5,302 | 8,987 | 7,297 |
| Equity | 1,562 | 1,486 | 1,419 | 1,409 | 1,291 |
| Long-term debt | 0 | 2,359 | 634 | 725 | 838 |
| Short-term debt | 11,416 | 5,220 | 3,248 | 6,853 | 5,168 |
| Total debt | 2,968 | 7,579 | 3,883 | 7,578 | 6,006 |
Financial ratios
5-year trendEBITDA margin
118.1 %
20192024
Equity ratio
34.5 %
WeakAmong the 40% lowest rated companies in the industry
20192024
Return on equity
0.0 %
WeakAmong the 30% lowest rated companies in the industry
20192024
Net profit margin
0.2 %
WeakAmong the 40% lowest rated companies in the industry
20192024
Asset turnover
0.03×
Very weakAmong the 20% lowest rated companies in the industry
20192024
Debt / equity
1.90×
WeakAmong the 30% lowest rated companies in the industry
20192024
Sector performance
27 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery weak
Among the 10% lowest 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 marginStrong
Among the 40% 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 marginWeak
Among the 40% lowest 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 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.
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 ratioVery weak
Among the 10% lowest 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 weak
Among the 20% lowest 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 weak
Among the 20% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityVery weak
Among the 20% lowest 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 capitalStrong
Among the 40% 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.
Cash conversion ratioVery strong
Among the 10% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioWeak
Among the 40% 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 ratioWeak
Among the 40% 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.
Debt to equityWeak
Among the 30% lowest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityWeak
Among the 30% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtWeak
Among the 40% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtWeak
Among the 40% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageStrong
Among the 40% highest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtStrong
Among the 30% highest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginWeak
Among the 40% lowest 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.
Efficiency & development
Asset turnoverVery weak
Among the 20% 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 capitalStrong
Among the 40% highest 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 equityAverage
Around the average of companies in the same industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtVery strong
Among the 20% highest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
- Annual report 2024Filed via PRH / YTJ · Period 2024-01-01 – 2024-12-31
- 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
- Annual report 2020Filed via PRH / YTJ · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via PRH / YTJ · Period 2019-01-01 – 2019-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (9) | ||
JP Confidential Clerk | Confidential Clerk | 2018 |
MI Confidential Clerk | Confidential Clerk | 2026 |
VN Confidential Clerk | Confidential Clerk | 2026 |
TH Confidential Clerk | Confidential Clerk | 2026 |
MR Confidential Clerk | Confidential Clerk | 2026 |
PJ Confidential Clerk | Confidential Clerk | 2026 |
AK Confidential Clerk | Confidential Clerk | 2026 |
JP Chief Executive Officer | Chief Executive Officer | 2020 |
PH Confidential Clerk | Confidential Clerk | 2026 |
Former (5)
AP Audit | Audit | 2017 – 2023 |
AJ Chief Executive Officer | Chief Executive Officer | 2017 – 2020 |
MA Confidential Clerk | Confidential Clerk | 2018 – 2026 |
AM Confidential Clerk | Confidential Clerk | 2018 – 2026 |
MK Confidential Clerk | Confidential Clerk | 2026 – 2026 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
AK Board of Directors | Board of Directors | 2025 |
PJ Board of Directors | Board of Directors | 2025 |
SJ Chairperson | Chairperson | 2025 |
Former (2)
AJ Chairperson | Chairperson | 2017 – 2025 |
IJ Board of Directors | Board of Directors | 2017 – 2025 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2026 |
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Company hierarchy
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HUB logistics Packaging Oy Board network connections
Board members of HUB logistics Packaging Oy also hold positions in 135 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Joni Petri Sundelin | Chief Executive Officer | 14 companiesMany roles |
| Janne Petteri Marttila | Confidential Clerk | 12 companiesMany roles |
| Mikko Ilmari Heinilä | Confidential Clerk | 11 companiesMany roles |
| Ville-Petteri Nieminen | Confidential Clerk | 10 companiesMany roles |
| Tarja Helena Jespersen | Confidential Clerk | 10 companiesMany roles |
| Malviina Reetta Hellevi Metsänvirta | Confidential Clerk | 10 companiesMany roles |
| Pierre Jean Depruneaux | Confidential Clerk | 10 companiesMany roles |
| Andrzej Kulik | Confidential Clerk | 10 companiesMany roles |
| Per Johan Wallmander | Board of Directors | 9 companiesMany roles |
| Aarno Juhani Törmälä | Chief Executive Officer | 8 companiesMany roles |
| Pete-Olavi Hyrkäs | Confidential Clerk | 8 companiesMany roles |
| Iiku Juhani Törmälä | Board of Directors | 6 companiesMany roles |
| Ari Pekka Eskelinen | Audit | 5 companies |
| Stig Joel Engström | Chairperson | 5 companies |
| Markus Kristian Viitanen | Confidential Clerk | 3 companies |
| Markku Ahti Valpas | Confidential Clerk | 2 companies |
| Anne Maria Nieminen | Confidential Clerk | 2 companies |
Frequently asked questions
What is the Y-tunnus number of HUB logistics Packaging Oy?
HUB logistics Packaging Oy is registered with PRH / YTJ under Y-tunnus 0871816-4.
What is the revenue of HUB logistics Packaging Oy?
HUB logistics Packaging Oy reported revenue of €129.8k in 2024.
How many employees does HUB logistics Packaging Oy have?
HUB logistics Packaging Oy employs 114 people as of the latest annual report.
Who is the CEO of HUB logistics Packaging Oy?
Joni Petri Sundelin is the CEO of HUB logistics Packaging Oy, in role since 2020.
Who is the chairman of HUB logistics Packaging Oy?
Stig Joel Engström chairs the board of HUB logistics Packaging Oy, in role since 2025.
Where is HUB logistics Packaging Oy headquartered?
HUB logistics Packaging Oy's registered address is Vanha Porvoontie 256 B.