Valkeakoski FC Haka’s financial situation is low.
Haka’s players celebrate the victory in the atmospheric factory field in Valkeakoski in the early part of the season. Juha Tamminen / AOP
Valkeakoski FC Haka’s equity is the end.
The three -year financial loss tube has eaten the company’s capital for well over € 400,000. At the end of the financial year 2024, the equity subsidy was sparse to EUR 11,300 at the end of the financial year.
– The last financial year was a disappointment. The result of a zero was sought, says Chairman of the Board of FC Haka Oy Marko Laaksonen.
During the financial year of 2024, Haka gained a loss of EUR 152,400 with a turnover of just under EUR 1.6 million. Last year, the loss was EUR 57,400 and the previous EUR 193,800.
At the end of November 2024, the company was EUR 173,300 and short -term debt of EUR 404,600 at the end of November 2024. This means that the short -term financial spit was EUR 231,300.
When operating costs are higher than the proceeds of operations, ie the EBITDA is negative, often companies have to capitalize in order to maintain liquidity.
– At least at this stage, no capital is coming, Laaksonen says.
He says the company’s cash flow has turned positive in recent months.
– Now we are near the water line that operations are profitable. We are forced to correct the performance development, at least to zero. There are two clear reasons for last season’s result: the business side trade went a little less and a little more invested in the team than planned.
Banking loans paid
Seppo “Sedu” Koskinen left a mess in Valkeakoski. Timo Korhonen / AOP
Despite the scarce setting, FC Haka Oy’s financial situation is much better than just over ten years ago. At that time the company’s future was at stake at the previous main owner Seppo ”Sedu” Koskisen after a mixed.
– In the big picture, the company has gone in a healthier direction. There were several hundred thousand euros in bank loans, but now it is zero, Laaksonen points out.
The company has a subordinated loan of EUR 54,000. There is no repayment date for the loan and its annual interest rate is zero percent.
FC Haka Oy currently has over 900 shareholders.
– We make every euro we waste. We do not have the privilege that someone would bring extra money to player purchases. On the other hand, there is no objective to return to financial profit.
Gold in binoculars
Haka’s previous trophy is from 2005. Captain Juuso Kangaskorpi ventilated with the Finnish Cup championship. Aop
After Koskinen’s fuss, Haka fell from the main series for 2013-19. In recent years, the club has been fourth (2022) and sixth (2024) in the Veikkausliiga.
– Our vision is back: the team plays regularly on European fields. This means that we are in the league in four chess or win the Finnish Cup, Laaksonen says.
– The big single goal is to win the tenth Finnish championship in club history, adds the chairman.
The most recent Finnish Championship gold in black and white is from 2004.
The last time the smaller budget team won the Finnish Championship in 2016, when IFK Mariehamn was Ykkönen.
– You won’t do this without ambitious goals.