Millines Oy

Q: What is the Y-tunnus number of Millines Oy?

Millines Oy is registered with PRH / YTJ under Y-tunnus 3351483-3.

Q: How many employees does Millines Oy have?

Millines Oy employs 31 people as of the latest annual report.

Q: Where is Millines Oy headquartered?

Millines Oy's registered address is Lapinlahdenkatu 21 C 50.

OYDissolved

Y-tunnus 3351483-3Lapinlahdenkatu 21 C, 00180 HelsinkiBusiness and other management consultancy activities· NACE 7020Est. 2023 · 3 years old31 employees

Overview

Millines Oy is a Finnish OY based in Helsinki, operating in the Business and other management consultancy activities sector. Incorporated in 2023, the company has 31 employees and reported revenue of €0 in its latest annual filing.

Revenue 2025

0K EUR

EBITDA margin

—

Net profit 2025

-0.3K EUR

-101% vs 2024

Key ratios

See full ratios →

99.7 %

Very strong

Among the 10% highest rated companies in the industry

20232025

357.6×

Very strong

Among the 10% highest rated companies in the industry

20232025

-0.2 %

Weak

Among the 40% lowest rated companies in the industry

20232025

EBITDA — year on year

EUR thousands

Key figures

Annual report 2025

Revenue	0K EUR	—
EBITDA	-0.3K EUR	-101%
Net profit	-0.3K EUR	-101%
Total assets	129.1K EUR	-8%
Equity	128.7K EUR	-8%
Employees	31	—

Contact

Address

Lapinlahdenkatu 21 C, 00180 Helsinki

sallasundstrom1@gmail.com

Risika for professionals

Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.

Visit risika.com

Financial development

In its most recent annual report (2025), Millines Oy reported revenue of €0, a decrease of 100% on the year before. The figures on this page draw on 3 annual filings covering 2023 to 2025. The bottom line showed a net loss of €301.

At the end of 2025, equity financed 99.7% of the balance sheet, and current assets covered short-term debt 357.6 times.

Financials

Revenue

EUR thousands

EBITDA

EUR thousands

Income statement

EUR thousands

Item	2025	2024	2023
Revenue	0	43	158
Staff expenses	-0	-3	-6
EBITDA	-0	39	149
Depreciation & amort.	-0	-0	-0
EBIT	-0	39	149
Net financials	0	0	-0
Profit before tax	-0	39	149
Tax	-0	2	30
Net profit	-0	31	119

Get a credit rating – not just the numbers

Financial statements show the past. Risika gives you a score and a recommended credit limit, so you know what the numbers mean for your risk.

See the credit rating

Balance sheet

EUR thousands

Item	2025	2024	2023
Total assets	129	141	132
Equity	129	140	119
Long-term debt	0	0	0
Short-term debt	0	0	13
Total debt	0	0	13

Financial ratios

5-year trend

EBITDA margin

<−999 %

20232025

Equity ratio

99.7 %

Very strong

Among the 10% highest rated companies in the industry

20232025

Return on equity

-0.2 %

Weak

Among the 30% lowest rated companies in the industry

20232025

Net profit margin

<−999 %

20232025

Asset turnover

0.00×

Very weak

Among the 10% lowest rated companies in the industry

20232025

Debt / equity

0.00×

Very strong

Among the 10% highest rated companies in the industry

20232025

Sector performance

22 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

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 ratioVery weak

Among the 10% 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.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

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 marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

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 marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Liquidity

Current ratioVery strong

Among the 10% highest 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 strong

Among the 10% 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 ratioVery strong

Among the 10% 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 equityAverage

Around the average of companies in the same 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 capitalVery strong

Among the 10% 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 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 ratioVery strong

Among the 10% 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 ratioVery strong

Among the 10% 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 equityVery strong

Among the 10% highest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityVery strong

Among the 10% highest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtVery weak

Among the 20% 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 20% lowest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest rate on debtVery strong

Among the 10% 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.

Interest coverageNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The ability to pay the interest on the company's debt out of its earnings.

Efficiency & development

Asset turnoverVery weak

Among the 10% lowest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

One-year change in equityWeak

Among the 40% lowest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtAverage

Around the average of companies in the same 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.

Equity to contributed capitalNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

Annual reports & filings

Annual report 2025
Filed via PRH / YTJ · Period 2025-01-01 – 2025-12-31
View PDF
Annual report 2024
Filed via PRH / YTJ · Period 2024-01-01 – 2024-12-31
View PDF
Annual report 2023
Filed via PRH / YTJ · Period 2023-03-13 – 2023-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (1)
KU Katri Ulrika Sundström Deputy Member	Deputy Member	2023

Board of directors

Non-executive oversight

Name	Role	Member since
Current (1)
SE Salla Eliisa Sundström Board of Directors	Board of Directors	2023

Shareholders

Active legal owners

No shareholder data available.

One in three Danish companies experiences fraud

Sound familiar? See how to strengthen your defences and catch suspicious changes in ownership and management in time.

See the fraud module

Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Millines Oy also hold positions in 1 other company.

Person	Role here	Other companies
Salla Eliisa Sundström	Board of Directors	1 company

Frequently asked questions

What is the Y-tunnus number of Millines Oy?

Millines Oy is registered with PRH / YTJ under Y-tunnus 3351483-3.

How many employees does Millines Oy have?

Millines Oy employs 31 people as of the latest annual report.

Where is Millines Oy headquartered?

Millines Oy's registered address is Lapinlahdenkatu 21 C 50.