Adner Oy is a Finnish OY based in Helsinki, operating in the Accounting, bookkeeping and auditing activities; tax consultancy sector. Incorporated in 2008, the company has 5 employees and reported revenue of €405.4k in its latest annual filing.
| Revenue | 405.4K EUR | -51% |
| EBITDA | -100.9K EUR | +58% |
| Net profit | 601K EUR | +973% |
| Total assets | 700.8K EUR | -21% |
| Equity | 80.9K EUR | +116% |
| Employees | 5 | — |
In its most recent annual report (2024), Adner Oy reported revenue of €405.4k, a decrease of 51% on the year before. The figures on this page draw on 5 annual filings covering 2020 to 2024. The bottom line showed a net profit of €601.0k, and the EBITDA margin stood at -24.9%.
At the end of 2024, equity financed 11.5% of the balance sheet, and current assets covered short-term debt 1.7 times.
| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 405 | 823 | 1,217 | 2,166 | 4,680 |
| Staff expenses | -330 | -552 | -694 | -1,337 | -2,569 |
| EBITDA | -101 | -238 | -411 | -378 | 47 |
| Depreciation & amort. | -86 | -184 | -132 | -141 | -141 |
| EBIT | -187 | -423 | -543 | -519 | -94 |
| Net financials | 448 | -1 | -5 | -10 | -11 |
| Profit before tax | 601 | -69 | -70 | -530 | -4 |
| Tax | -0 | -0 | -0 | 0 | -0 |
| Net profit | 601 | -69 | -70 | -530 | -4 |
| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Total assets | 701 | 883 | 875 | 1,355 | 1,997 |
| Equity | 81 | -515 | 254 | 325 | 855 |
| Long-term debt | 200 | 810 | 157 | 432 | 20 |
| Short-term debt | 420 | 587 | 464 | 598 | 1,122 |
| Total debt | 620 | 1,397 | 621 | 1,031 | 1,142 |
28 financial ratios from the latest filing, each graded against companies in the same 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.
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.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Net profit as a percentage of total assets — the return generated on the capital employed.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
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.
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.
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 relative to short-term debt — the ability to repay short-term obligations with cash alone.
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 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 flow relative to profit — the ability to convert reported profits into accessible cash.
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA relative to debt — how much operating earnings are available to service the debt.
The ability to pay the interest on the company's debt out of its earnings.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
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.
Revenue relative to total assets — the ability to generate revenue from the asset base.
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
The size of this year's increase or decrease in the company's debt.
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.
The size of this year's increase or decrease in the company's equity.
| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
PP Chief Executive Officer | Chief Executive Officer | 2023 |
KP Deputy Member | Deputy Member | 2024 |
PO Confidential Clerk | Confidential Clerk | 2018 |
JE Confidential Clerk | Confidential Clerk | 2018 – 2023 |
TR | Audit | 2018 – 2022 |
AJ Chief Executive Officer | Chief Executive Officer | 2018 – 2022 |
EJ | Audit | 2022 – 2023 |
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
KT Board of Directors | Board of Directors | 2024 |
JK Board of Directors | Board of Directors | 2019 – 2024 |
NM Board of Directors | Board of Directors | 2018 – 2019 |
PO Board of Directors | Board of Directors | 2018 – 2019 |
| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2023 |
| Person | Role here | Other companies |
|---|---|---|
| Peter Olof Alexander Aho | Confidential Clerk | 36 companiesMany roles |
| Kalle Petteri Lehtonen | Deputy Member | 28 companiesMany roles |
| Timo Risto Tapani Eerola | Audit | 25 companiesMany roles |
| Kimmo Tapani Herranen | Board of Directors | 25 companiesMany roles |
| Johan Edvard Idman | Confidential Clerk | 19 companiesMany roles |
| Jukka-Pekka Kristian Joensuu | Board of Directors | 11 companiesMany roles |
| Eeva Johanna Winqvist-Ilkka | Audit | 5 companies |
| Pasi Pekka Kiikkinen | Chief Executive Officer | 3 companies |
| Niko Miika Petteri Natunen | Board of Directors | 2 companies |