Flow Modules Oy
OYActiveY-tunnus 2793929-6Itämerentori 2, 00180 HelsinkiDevelopment of building projects· NACE 6812Est. 2016 · 9 years old11 employees
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Overview
Flow Modules Oy is a Finnish OY based in Helsinki, operating in the Development of building projects sector. Incorporated in 2016, the company has 11 employees and reported revenue of €3.9m in its latest annual filing.
Revenue 2026
3.9M EUR
−52% vs 2025
EBITDA margin
−52.7 %
−71% vs 2025
Net profit 2026
-2.2M EUR
-54% vs 2025
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
-202.3 %
Very weakAmong the 10% lowest rated companies in the industry
20212026
Liquidity ratioCurrent assets ÷ Short-term debt
0.4×
WeakAmong the 30% lowest rated companies in the industry
20212026
Return on assets (ROA)Net profit ÷ Total assets × 100
-658.9 %
Very weakAmong the 10% lowest rated companies in the industry
20212026
EBITDA — year on year
EUR thousandsKey figures
Annual report 2026| Revenue | 3.9M EUR | -52% |
| EBITDA | -2.1M EUR | -71% |
| Net profit | -2.2M EUR | -54% |
| Total assets | 0.3M EUR | -89% |
| Equity | -0.7M EUR | -144% |
| Employees | 11 | — |
Company information
Legal name
Flow Modules Oy
Y-tunnus number
2793929-6
Legal form
Osakeyhtiö
NACE code
Founded
9 November 2016 · 9 years
Share capital
EUR 10,000
Employees
11 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2026-03-31
Financial year
January – December
Signatory rights
Hallituksen puheenjohtaja ja toimitusjohtaja kumpikin yksin ja hallituksen jäsenet kaksi yhdessä
Company purpose
Yhtiön toimialana on rakentamiseen sekä rakentamisliiketoimintaan liittyvien palveluiden ja tuotteiden valmistaminen, kehittäminen, jalostaminen ja tuottaminen sekä rakennusinvestointeihin liittyvä konsultointi sekä rakennusosien ja materiaalien valmistaminen, vuokraaminen ja myynti.
(no translation available)
Address
Itämerentori 2, 00180 Helsinki
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Financial development
In its most recent annual report (2026), Flow Modules Oy reported revenue of €3.9m, a decrease of 52% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2026. The bottom line showed a net loss of €2.2m, and the EBITDA margin stood at -52.7%.
At the end of 2026, current assets covered short-term debt 0.4 times.
Financials
Revenue
EUR thousandsEBITDA
EUR thousandsIncome statement
EUR thousands| Item | 2026 | 2025 | 2024 | 2023 | 2021 |
|---|---|---|---|---|---|
| Revenue | 3,928 | 8,266 | 5,236 | 4,674 | 5,747 |
| Staff expenses | -672 | -1,457 | -1,293 | -1,469 | -833 |
| EBITDA | -2,070 | -1,210 | -188 | -3,368 | -4,359 |
| Depreciation & amort. | -125 | -166 | -165 | -174 | -67 |
| EBIT | -2,195 | -1,376 | -354 | -3,541 | -4,426 |
| Net financials | -41 | -75 | -128 | -2 | -190 |
| Profit before tax | -2,235 | -1,452 | -482 | -3,543 | -4,616 |
| Tax | -0 | -0 | -0 | -0 | -0 |
| Net profit | -2,235 | -1,452 | -482 | -3,543 | -4,616 |
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Balance sheet
EUR thousands| Item | 2026 | 2025 | 2024 | 2023 | 2021 |
|---|---|---|---|---|---|
| Total assets | 339 | 3,170 | 3,487 | 2,743 | 2,385 |
| Equity | -686 | 1,549 | 42 | -2,126 | 67 |
| Long-term debt | 0 | 3,609 | 0 | 2,150 | — |
| Short-term debt | 912 | 1,575 | 3,365 | 2,607 | 2,195 |
| Total debt | 912 | 1,575 | 3,365 | 4,157 | 2,318 |
Financial ratios
5-year trendEBITDA margin
-52.7 %
20212026
Equity ratio
-202.3 %
Very weakAmong the 10% lowest rated companies in the industry
20212026
Return on equity
—
20212026
Net profit margin
-56.9 %
Very weakAmong the 10% lowest rated companies in the industry
20212026
Asset turnover
11.58×
Very strongAmong the 10% highest rated companies in the industry
20212026
Debt / equity
—
20212026
Sector performance
21 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 marginVery weak
Among the 10% lowest 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 weak
Among the 10% 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 assets (ROA)Very weak
Among the 10% lowest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Basic earning power (BEP)Very weak
Among the 10% 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 ratioVery weak
Among the 20% lowest 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 ratioWeak
Among the 30% 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 ratioWeak
Among the 40% 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 ratioWeak
Among the 40% lowest 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 10% 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 10% 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 debtVery weak
Among the 10% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtVery weak
Among the 10% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageVery weak
Among the 10% lowest rated companies in the 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 marginVery weak
Among the 10% 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.
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.
Efficiency & development
Asset turnoverVery strong
Among the 10% highest 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 10% 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 10% lowest rated companies in the 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.
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 2026Filed via PRH / YTJ · Period 2025-04-01 – 2026-03-31
- Annual report 2025Filed via PRH / YTJ · Period 2024-04-01 – 2025-03-31
- Annual report 2024Filed via PRH / YTJ · Period 2023-04-01 – 2024-03-31
- Annual report 2023Filed via PRH / YTJ · Period 2022-01-01 – 2023-03-31
- 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) | ||
HT Deputy Member | Deputy Member | 2026 |
LJ Confidential Clerk | Confidential Clerk | 2024 |
Former (15)
HA | Audit | 2016 – 2020 |
TJ Confidential Clerk | Confidential Clerk | 2020 – 2024 |
KR Person with significant control | Person with significant control | 2020 – 2023 |
AM Confidential Clerk | Confidential Clerk | 2024 – 2026 |
JT Audit | Audit | 2020 – 2023 |
SK Confidential Clerk | Confidential Clerk | 2024 – 2026 |
SJ Confidential Clerk | Confidential Clerk | 2020 – 2024 |
MO Confidential Clerk | Confidential Clerk | 2020 – 2024 |
DV Deputy Member | Deputy Member | 2018 – 2020 |
MM Confidential Clerk | Confidential Clerk | 2020 – 2024 |
KS Chief Executive Officer | Chief Executive Officer | 2021 – 2023 |
MJ Confidential Clerk | Confidential Clerk | 2020 – 2021 |
JV Confidential Clerk | Confidential Clerk | 2020 – 2026 |
SN Confidential Clerk | Confidential Clerk | 2020 – 2026 |
JP Confidential Clerk | Confidential Clerk | 2020 – 2024 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
LJ Board of Directors | Board of Directors | 2026 |
Former (7)
MS Board of Directors | Board of Directors | 2024 – 2025 |
KR Board of Directors | Board of Directors | 2018 – 2023 |
AT Board of Directors | Board of Directors | 2022 – 2024 |
JT Board of Directors | Board of Directors | 2022 – 2024 |
DV Chairperson | Chairperson | 2020 – 2022 |
KS Chairperson | Chairperson | 2024 – 2026 |
JV Board of Directors | Board of Directors | 2022 – 2026 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 92.1% | 92.1% | 2024 |
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Related companies
Company hierarchy
Flow Technologies Oy
Flow Modules Oy Board network connections
Board members of Flow Modules Oy also hold positions in 206 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Hannu Antero Paunikallio | Audit | 86 companiesMany roles |
| Kim Sameli Lähdesmäki | Chief Executive Officer | 26 companiesMany roles |
| Topi Johannes Laine | Confidential Clerk | 12 companiesMany roles |
| Kimmo Risto Tapio Kärkkäinen | Person with significant control | 11 companiesMany roles |
| Jussi Vihtori Aho | Confidential Clerk | 11 companiesMany roles |
| Ari Tapani Viitanen | Board of Directors | 9 companiesMany roles |
| Mikko Johannes Järvinen | Confidential Clerk | 6 companiesMany roles |
| Jukka Tuomas Eemeli Linna | Board of Directors | 6 companiesMany roles |
| Henry Tapani Salo | Deputy Member | 5 companies |
| Lasse Johannes Voipio | Confidential Clerk | 5 companies |
| Mervi Marjaana Leikas | Confidential Clerk | 5 companies |
| Sami Kalevi Leppänen | Confidential Clerk | 4 companies |
| Sami Juhani Kokkonen | Confidential Clerk | 4 companies |
| Jukka Tapio Karinen | Audit | 3 companies |
| Mikko Olavi Anttila | Confidential Clerk | 3 companies |
| Don Ville Marius Wikström | Deputy Member | 3 companies |
| Jari Pekka Koivu | Confidential Clerk | 3 companies |
| Matti Sakari Schultz | Board of Directors | 2 companies |
| Anna Maria Ylänen-Laakso | Confidential Clerk | 1 company |
| Sami Nestori Purtola | Confidential Clerk | 1 company |
Frequently asked questions
What is the Y-tunnus number of Flow Modules Oy?
Flow Modules Oy is registered with PRH / YTJ under Y-tunnus 2793929-6.
What is the revenue of Flow Modules Oy?
Flow Modules Oy reported revenue of €3.9m in 2026.
How many employees does Flow Modules Oy have?
Flow Modules Oy employs 11 people as of the latest annual report.
Where is Flow Modules Oy headquartered?
Flow Modules Oy's registered address is Itämerentori 2.