Qvik Oy
OYActiveY-tunnus 2233151-3Urho Kekkosen Katu 5C, 00100 HelsinkiComputer programming activities· NACE 6210Est. 2008 · 17 years old83 employeeshttps://www.qvik.fi
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Overview
Qvik Oy is a Finnish OY based in Helsinki, operating in the Computer programming activities sector. Incorporated in 2008, the company has 83 employees and reported revenue of €11.5m in its latest annual filing.
Revenue 2025
11.5M EUR
+9% vs 2024
EBITDA margin
2.7 %
+269% vs 2024
Net profit 2025
0.3M EUR
+138% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
75.8 %
StrongAmong the 40% highest rated companies in the industry
20212025
Liquidity ratioCurrent assets ÷ Short-term debt
3.0×
AverageAround the average of companies in the same industry
20212025
Return on assets (ROA)Net profit ÷ Total assets × 100
2.4 %
AverageAround the average of companies in the same industry
20212025
EBITDA — year on year
EUR thousandsKey figures
Annual report 2025| Revenue | 11.5M EUR | +9% |
| EBITDA | 0.3M EUR | +269% |
| Net profit | 0.3M EUR | +138% |
| Total assets | 11.6M EUR | +45% |
| Equity | 8.8M EUR | +118% |
| Employees | 83 | — |
Company information
Legal name
Qvik Oy
Y-tunnus number
2233151-3
Legal form
Osakeyhtiö
NACE code
Founded
11 November 2008 · 17 years
Share capital
EUR 3,000
Employees
83 (FTE)
VAT registered
No
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Hallituksen puheenjohtaja ja toimitusjohtaja kumpikin yksin ja hallituksen jäsenet kaksi yhdessä
Company purpose
Yhtiön toimiala on IT-palvelut, ohjelmistotuotanto ja IT-alan konsultointi.
(no translation available)
Contact
Address
Urho Kekkosen Katu 5C, 00100 Helsinki
Phone
+358207354355
Email
info@qvik.fi
Website
https://www.qvik.fi
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Financial development
In its most recent annual report (2025), Qvik Oy reported revenue of €11.5m, an increase of 9% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of €280.2k, and the EBITDA margin stood at 2.7%.
At the end of 2025, equity financed 75.8% of the balance sheet, and current assets covered short-term debt 3 times.
Financials
Revenue
EUR millionsEBITDA
EUR thousandsIncome statement
EUR thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 11,454 | 10,547 | 10,488 | 9,499 | 9,107 |
| Staff expenses | -7,121 | -8,954 | -7,723 | -6,932 | -6,444 |
| EBITDA | 311 | -184 | -597 | -377 | 327 |
| Depreciation & amort. | -10 | -134 | -14 | -21 | -24 |
| EBIT | 301 | -318 | -611 | -398 | 302 |
| Net financials | -21 | -364 | -566 | 2 | 0 |
| Profit before tax | 280 | -683 | -1,178 | -397 | 302 |
| Tax | -0 | 47 | -0 | 4 | 56 |
| Net profit | 280 | -729 | -1,178 | -400 | 246 |
Balance sheet
EUR thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 11,586 | 7,998 | 5,790 | 3,480 | 3,331 |
| Equity | 8,780 | 4,027 | 2,286 | 1,025 | 1,549 |
| Long-term debt | 600 | 800 | 1,000 | 519 | 268 |
| Short-term debt | 2,206 | 3,171 | 2,504 | 1,936 | 1,514 |
| Total debt | 2,806 | 3,971 | 3,504 | 2,455 | 1,782 |
Financial ratios
5-year trendEBITDA margin
2.7 %
20212025
Equity ratio
75.8 %
StrongAmong the 40% highest rated companies in the industry
20212025
Return on equity
3.2 %
AverageAround the average of companies in the same industry
20212025
Net profit margin
2.4 %
AverageAround the average of companies in the same industry
20212025
Asset turnover
0.99×
AverageAround the average of companies in the same industry
20212025
Debt / equity
0.32×
AverageAround the average of companies in the same industry
20212025
Sector performance
27 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginWeak
Among the 30% 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 marginAverage
Around the average of companies in the same 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 marginAverage
Around the average of companies in the same industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Average
Around the average of companies in the same industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Average
Around the average of companies in the same industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Average
Around the average of companies in the same 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)Average
Around the average of companies in the same industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioAverage
Around the average of companies in the same 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.
Liquidity
Current ratioAverage
Around the average of companies in the same 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 ratioStrong
Among the 40% 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 ratioStrong
Among the 40% highest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
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 capitalWeak
Among the 40% lowest 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 ratioAverage
Around the average of companies in the same industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioStrong
Among the 40% 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.
Debt ratioStrong
Among the 40% highest 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 equityAverage
Around the average of companies in the same industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityAverage
Around the average of companies in the same industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
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 coverageAverage
Around the average of companies in the same industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtWeak
Among the 30% lowest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginAverage
Around the average of companies in the same 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 turnoverAverage
Around the average of companies in the same industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalVery strong
Among the 10% 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 equityVery strong
Among the 10% highest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtStrong
Among the 30% highest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
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.
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 (4) | ||
LA Chief Executive Officer | Chief Executive Officer | 2008 |
RT Confidential Clerk | Confidential Clerk | 2024 |
JE Confidential Clerk | Confidential Clerk | 2021 |
TP Confidential Clerk | Confidential Clerk | 2026 |
Former (3)
MJ Person with significant control | Person with significant control | 2018 – 2021 |
AJ Confidential Clerk | Confidential Clerk | 2021 – 2024 |
JP Audit | Audit | 2017 – 2023 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (5) | ||
LA Board of Directors | Board of Directors | 2015 |
Jt Board of Directors | Board of Directors | 2025 |
LN Chairperson | Chairperson | 2026 |
VS Board of Directors | Board of Directors | 2023 |
TP Board of Directors | Board of Directors | 2026 |
Former (6)
MJ Board of Directors | Board of Directors | 2015 – 2025 |
MO Board of Directors | Board of Directors | 2020 – 2025 |
HG Board of Directors | Board of Directors | 2023 – 2024 |
ES Board of Directors | Board of Directors | 2015 – 2020 |
TT Board of Directors | Board of Directors | 2020 – 2025 |
EY Board of Directors | Board of Directors | 2015 – 2020 |
Shareholders
Active legal ownersNo shareholder data available.
Related companies
Company hierarchy
Qvik Oy 
Qvik Ab
QTE Development ABBoard network connections
Board members of Qvik Oy also hold positions in 186 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Turkka Tapani Oksanen | Board of Directors | 67 companiesMany roles |
| Juha Pekka Selänne | Audit | 65 companiesMany roles |
| Vilma Sofia Torstila | Board of Directors | 15 companiesMany roles |
| Markko Olavi Vaarnas | Board of Directors | 14 companiesMany roles |
| Esa Yrjö Juhani Matikainen | Board of Directors | 7 companiesMany roles |
| Elias Sami Veli Aalto | Board of Directors | 5 companies |
| Mikko Juhani Vesterinen | Person with significant control | 4 companies |
| Matias Juha Pekka Pietilä | Board of Directors | 2 companies |
| Leif Niklas Mikael Sonkin | Chairperson | 2 companies |
| Antti Juhani Heinilä | Confidential Clerk | 1 company |
| Lari Antero Tuominen | Chief Executive Officer | 1 company |
| Robert Thomas Seege | Confidential Clerk | 1 company |
| Tuukka Petteri Vauramo | Confidential Clerk | 1 company |
| Henri Georg Falck | Board of Directors | 1 company |
Frequently asked questions
What is the Y-tunnus number of Qvik Oy?
Qvik Oy is registered with PRH / YTJ under Y-tunnus 2233151-3.
What is the revenue of Qvik Oy?
Qvik Oy reported revenue of €11.5m in 2025.
How many employees does Qvik Oy have?
Qvik Oy employs 83 people as of the latest annual report.
Who is the CEO of Qvik Oy?
Lari Antero Tuominen is the CEO of Qvik Oy.
Who is the chairman of Qvik Oy?
Leif Niklas Mikael Sonkin chairs the board of Qvik Oy, in role since 2026.
Where is Qvik Oy headquartered?
Qvik Oy's registered address is Urho Kekkosen Katu 5-C.