Business profile

Rags fashion Oy

Rags fashion Oy's registered office is Oulu. It is a limited company. The company was established on 2012-10-05. It operates in the industry of retail sale of clothing without specialisation on any specific product group. In its latest retained statement for 2024-12-31, revenue was €175,861 and operating profit was -€93,128.

Claim profileContact details
Business ID 2501329-7ValidUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
2501329-7
Sector
Retail sale of clothing without specialisation on any specific product group
Municipality
Oulu
Company form
Limited company
Registration date
2012-10-05
Business ID registration date
2012-09-28
Business status
Valid
Profile ownership
Unclaimed company profile
Data source
Public registry data

Contact and location summary

Visiting address: Pakkahuoneenkatu 12, 90100, Oulu

Website: https://www.rags.fiSource: registry data

About Rags fashion Oy

Financial position and key figures for the company.

Rags fashion Oy's location municipality is Oulu. It is a limited company. The company was established on 2012-10-05. It operates in the industry of retail sale of clothing without specialisation on any specific product group. In its latest retained statement for 2024-12-31, revenue was €175,861 and operating profit was -€93,128. The latest retained financial statement for 2024-12-31 shows revenue of €175,861 and profit for the financial year of -€37,326. Based on the latest retained statement, revenue growth was -23.2%, operating margin was -53.0%, and equity ratio was -505.5%.

Financial highlights

Key figures from the latest financial period.

Open full statement
Latest financial period

2024-12-31

Imported periods6
PRH parsed6
Profile sourcePRH/XBRL financial statement
Derived indicators
Revenue growth-23.2%
Operating margin-53.0%
Equity ratio-505.5%
Balance-sheet contextLatest retained period snapshot
Other operating income€5,790Previous: €610
Inventory€31,891Previous: €81,157
Cash and bank€13,018Previous: €7,434
Retained earnings-€428,253Previous: -€345,019
Equity-€327,594Previous: -€290,269
Liabilities€392,405Previous: €485,911
Current assets€45,018Previous: €162,802
Current liabilities€392,405Previous: €485,911
Revenue trend6 periods
€1,407,449
2019-12-31
€999,134
2020-12-31
€874,984
2021-12-31
€283,728
2022-12-31
€228,928
2023-12-31
€175,861
2024-12-31
Operating profit (loss) trend6 periods
-€137,956
2019-12-31
-€5,312
2020-12-31
-€197,066
2021-12-31
€47,984
2022-12-31
-€78,206
2023-12-31
-€93,128
2024-12-31
Profit (loss) for the financial year trend6 periods
-€154,310
2019-12-31
-€15,649
2020-12-31
-€208,685
2021-12-31
€28,319
2022-12-31
-€83,235
2023-12-31
-€37,326
2024-12-31
Assets trend6 periods
€395,640
2019-12-31
€389,065
2020-12-31
€273,394
2021-12-31
€270,449
2022-12-31
€195,642
2023-12-31
€64,811
2024-12-31

Financial ratios

Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.

Equity ratioWeak
0/100 · Declining
-505.5 %2023-12-31: -148.4 %
Current ratioWeak
4/100 · Declining
0.11x2023-12-31: 0.18x
Operating profit marginWeak
0/100 · Declining
-51.3 %2023-12-31: -34.1 %
Ratio history
Ratio2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31
Equity ratio-6.3 %-7.0 %-87.5 %-77.5 %-148.4 %-505.5 %
Current ratio0.70x0.66x0.46x0.20x0.18x0.11x
Operating profit margin-9.8 %-0.5 %-22.0 %10.7 %-34.1 %-51.3 %

Registry status and identifiers

Verified registry memberships and identifiers from the latest retained YTJ snapshot.

YTJ statusValid
Trade RegisterRegistered
Business ID2501329-7
VAT IDFI25013297
EU IDFIFPRO.2501329-7
MunicipalityOulu
Current registered entries
2012-10-05Registered in Patent and Registration Office (Trade Register)
2012-10-17Registered in Tax Administration (Tax Administration)
2015-10-07VAT-liable for business activity in Tax Administration (VAT Register)
2016-04-13Registered in Tax Administration (Prepayment Register)

Risk certificate

An open-data based company stability and risk signal.

BUSINESS.fi

BUSINESS.fi Luottoluokitus

Profile-specific risk signal based on open data

Financial data includedNot a credit decision
D
High riskRags fashion Oy
Updated2026-08-28
ConfidenceHigh
Score22/100

The grade can use open digital financial statement data together with registry signals.

A serious financial risk signal affects this grade. Review the profile financial indicators as well.

Risk context

When open digital financial statements are unavailable, BUSINESS.fi shows registry, industry, and regional context.

Industry riskelevated
46/100

Industry context is elevated based on normalized open statistical inputs.

Age and continuityVakiintunut
80/100

The company has about 13 years of registry continuity.

Registry and status signalsVakaa
80/100

Registry history, filing recency, and active register markings are still limited or mixed.

Registry timeline

Trade register notifications shown on a timeline.

20 register eventsLatest event: 2025-10-14

Financial statements availability

Available statement periods and links into the retained/parsible financial statement surfaces. Use the latest statement page for deeper line-item detail.

6 financial statement periodsLatest financial period: 2024-12-31

Profile source and ownership

Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2026-02-24.

This company profile has not been claimed yet

Rags fashion Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.