Biocode Oy
OYDissolvedY-tunnus 2849954-4Urheilutie 6, 01370 VantaaComputer programming activities· NACE 6210Est. 2017 · 9 years old3 employees
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Riskpilot← Back to searchSign inGet full accessBiocode Oy is a Finnish OY based in Vantaa, operating in the Computer programming activities sector. Incorporated in 2017, the company has 3 employees and reported revenue of €402.3k in its latest annual filing.
| Revenue | 0.4M EUR | +64% |
| EBITDA | -0.1M EUR | +61% |
| Net profit | -0.3M EUR | +43% |
| Total assets | 0.5M EUR | -27% |
| Equity | -1.3M EUR | -25% |
| Employees | 3 | — |
In its most recent annual report (2024), Biocode Oy reported revenue of €402.3k, an increase of 64% on the year before. The figures on this page draw on 5 annual filings covering 2020 to 2024. The bottom line showed a net loss of €274.6k, and the EBITDA margin stood at -23.4%.
At the end of 2024, current assets covered short-term debt 0.2 times.
| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 402 | 246 | 279 | 222 | 364 |
| Staff expenses | -468 | -549 | -503 | -358 | -293 |
| EBITDA | -94 | -243 | -211 | -322 | -87 |
| Depreciation & amort. | -164 | -142 | -66 | -49 | -31 |
| EBIT | -258 | -385 | -276 | -371 | -118 |
| Net financials | -16 | -98 | -25 | -3 | -9 |
| Profit before tax | -275 | -483 | -301 | -373 | -127 |
| Tax | -0 | -0 | -0 | -0 | -0 |
| Net profit | -275 | -483 | -301 | -373 | -127 |
| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Total assets | 480 | 658 | 840 | 424 | 408 |
| Equity | -1,308 | -1,044 | 428 | 59 | 57 |
| Long-term debt | 1,542 | 1,458 | 277 | 273 | 273 |
| Short-term debt | 246 | 245 | 135 | 92 | 77 |
| Total debt | 1,788 | 1,703 | 412 | 365 | 350 |
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 total assets — the return generated on the capital employed.
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.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
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.
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.
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.
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.
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.
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.
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 (2) | ||
HA Deputy Member | Deputy Member | 2025 |
JT Chief Executive Officer | Chief Executive Officer | 2025 |
JJ | Audit | 2018 – 2022 |
PJ Chief Executive Officer | Chief Executive Officer | 2018 – 2020 |
LH Deputy Member | Deputy Member | 2022 – 2025 |
JE Chief Executive Officer | Chief Executive Officer | 2024 – 2025 |
VK Chief Executive Officer | Chief Executive Officer | 2025 – 2025 |
OK Audit | Audit | 2022 – 2023 |
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
JT Board of Directors | Board of Directors | 2025 |
JC Chairperson | Chairperson | 2025 |
PJ Board of Directors | Board of Directors | 2018 – 2019 |
HA Board of Directors | Board of Directors | 2019 – 2020 |
JA Board of Directors | Board of Directors | 2018 – 2019 |
MK Board of Directors | Board of Directors | 2020 – 2022 |
JS Board of Directors | Board of Directors | 2019 – 2019 |
MM Board of Directors | Board of Directors | 2018 – 2019 |
JE Board of Directors | Board of Directors | 2020 – 2020 |
HL Board of Directors | Board of Directors | 2018 – 2020 |
No shareholder data available.
| Person | Role here | Other companies |
|---|---|---|
| Otto Kustaa Joki | Audit | 210 companiesMany roles |
| Jari Juhani Havukainen | Audit | 47 companiesMany roles |
| Harri Antero Mäkivuokko | Deputy Member | 7 companiesMany roles |
| Minna-Liisa Kaitala | Board of Directors | 5 companies |
| Juha Aukusti Nuutila | Board of Directors | 4 companies |
| Pentti Juhani Meriläinen | Chief Executive Officer | 3 companies |
| Leena Hannele Ilvesluoto | Deputy Member | 3 companies |
| Juhani Christian Jurvanen | Chairperson | 3 companies |
| Jarkko Tapani Ilomäki | Chief Executive Officer | 2 companies |
| Vilja Kyllikki Hannula | Chief Executive Officer | 2 companies |
| Harri Lauri Männistö | Board of Directors | 2 companies |
| Jyrki Ernesto Hartikainen | Chief Executive Officer | 1 company |
| Jaakko Sakari Kivinen | Board of Directors | 1 company |