Danske Finance Oy
Danske Finance Oy (Business ID 2526683-3), also filed under the parallel trade names Danske Finance Ab and Danske Finance Ltd, was a private limited company (osakeyhtiö) incorporated in Finland on 23 January 2013 and entered in the Finnish Trade Register on 25 January 2013. Its registered domicile was Helsinki, most recently at Televisiokatu 1, 00240 Helsinki. According to the Finnish Patent and Registration Office (PRH) Business Information System, the company’s trade register entry was marked “ceased” on 3 January 2024, and Danske Finance Oy no longer exists as an independent legal entity.
Danske Finance Oy was classified under line of business 64910, financial leasing, and provided asset finance services covering leasing, hire-purchase financing and factoring in Finland. Per its own 2022 Annual Report, the company’s main customer groups were corporate customers of Danske Bank A/S Finland Branch together with businesses in information technology and office automation, vehicle sales, industry, transport services and agriculture. Products were sold and marketed through the Danske Bank A/S Finland Branch service network and selected equipment-vendor partners, and the company formed part of the Nordic Asset Finance function operated across Danske Bank Group’s Nordic markets. From 2020 the company stopped acquiring new factoring customers, and during the first half of 2023 it transferred its remaining factoring business and customers to Danske Bank A/S Finnish Branch.
In its last full published financial year, 2022, Danske Finance Oy reported turnover of EUR 283.9 million and operating profit of EUR 23.2 million, with total assets of EUR 2,247.2 million and an average of 110 staff during the year, all figures reported at the individual company level in the 2022 Annual Report signed in Helsinki on 15 March 2023. Danske Finance Oy was absorbed into Danske Bank A/S through a cross-border merger carried out under the Finnish and Danish Companies Acts, with the business continuing thereafter as part of Danske Bank A/S’s branch operations in Finland (Danske Bank A/S, Suomen sivuliike).
- Company fundamentals
- Corporate linkage & group structures
- Digitized company financials
- Firmographics — websites, social profiles, revenue and employee estimates
Shareholders
Shareholders of Danske Finance Oy
Danske Finance Oy had a single disclosed shareholder. Per the company’s own 2022 Annual Report (signed in Helsinki on 15 March 2023), Danske Bank A/S held all 15,000 issued shares of Danske Finance Oy, representing the company’s full share capital of EUR 1.5 million, making Danske Bank A/S the sole (100%) shareholder as a direct holding. No other shareholders were disclosed. This is the most recent verified shareholder position identified; Danske Finance Oy’s Finnish Trade Register entry was subsequently marked “ceased” on 3 January 2024, and no shareholder filings after the 2022 Annual Report were located. Disclosure of this specific holding is treated as Full at the company level, since it comes directly from filed annual accounts rather than an estimate.
Ultimate beneficial ownership
Danske Bank A/S, the direct 100% shareholder, is a Danish public limited company listed on Nasdaq Copenhagen (ticker: DANSKE) with a widely dispersed, publicly traded shareholder base. No natural-person ultimate beneficial owner is identified for Danske Finance Oy: because the immediate and only disclosed parent is a listed company with dispersed ownership, no individual has been identified who meets a beneficial-ownership threshold, and no complete ownership chain to a natural person is available to calculate an effective percentage. This reflects the listed, widely-held nature of the parent rather than a gap in disclosure.
Data availability
Shareholder information for Danske Finance Oy is Full for financial year 2022, sourced from the company’s own filed Annual Report. Finland’s Beneficial Owner Register covers UBO disclosure for active Finnish companies, but this entity ceased on 3 January 2024 and no post-2022 shareholder information has been identified.
Sources
Danske Finance Ltd, Annual Report 2022, danskebank.com, filed 15 March 2023, retrieved 16 September 2026. Finnish Patent and Registration Office (PRH), Business Information System (avoindata.prh.fi), Business ID 2526683-3, retrieved 16 September 2026.
Officers
Directors and officers of Danske Finance Oy
Per Danske Finance Oy’s 2022 Annual Report (signed in Helsinki on 15 March 2023), the Board of Directors during the year comprised Claus Sørup Rasmussen (Chairman), Elina Fogelholm, Kim Forsström and Hanne Harck, joined by Morten Nielsen from 22 June 2022. Jarkko Vuorikoski held the role of Managing Director. The Annual General Meeting appointed Deloitte Ltd as the company’s auditor, with Aleksi Martamo, APA, named as the key audit partner. Nationality and country of residence are not disclosed for any of these individuals in the available filing. This is the latest verified officer information identified; Danske Finance Oy’s Trade Register entry was marked “ceased” on 3 January 2024, and no officer filings after the 2022 Annual Report have been located, so this record may not reflect the company’s board composition at the point it ceased to exist.
Recent officer changes
Morten Nielsen joined the Board of Directors effective 22 June 2022, per the company’s 2022 Annual Report. No further verified officer changes after 2022 were identified before the company’s Trade Register entry was marked ceased on 3 January 2024.
Data availability
Detailed officer extracts (kaupparekisteriote) for Finnish companies are not freely published in open registry data, so the information above is sourced from the company’s own filed Annual Report 2022 rather than a live registry extract. It may not reflect any board changes between that report and the company’s cessation on 3 January 2024. Nationality is not disclosed in this source for any individual named.
Sources
Danske Finance Ltd, Annual Report 2022, danskebank.com, filed 15 March 2023, retrieved 16 September 2026.
Group Structure
Group structure of Danske Finance Oy
Danske Finance Oy was a wholly owned subsidiary of Danske Bank A/S (Denmark, CVR 61126228), the parent company of Danske Bank Group and a public limited company listed on Nasdaq Copenhagen (ticker: DANSKE). Per Danske Finance Oy’s 2022 Annual Report, Danske Bank A/S held all 15,000 shares (100%) of Danske Finance Oy’s EUR 1.5 million share capital, and Danske Finance Oy operated within the Nordic Asset Finance function of Danske Bank Group. Danske Bank A/S is treated as both the immediate and ultimate parent, as no separate intermediate holding entity is disclosed in the sources reviewed. This group relationship ended when Danske Finance Oy ceased to exist as a separate legal entity on 3 January 2024, following a cross-border merger by absorption into Danske Bank A/S.
Verified corporate relationships
| Entity | Country | Registration number | Relationship | Ownership | Status | Information date |
|---|---|---|---|---|---|---|
| Danske Bank A/S | Denmark | CVR 61126228 | Immediate and ultimate parent | 100% (sole shareholder, as reported) | Historical – merger completed, Danske Finance Oy ceased 3 January 2024 | 2022 Annual Report; PRH registry as of 16 September 2026 |
Recent structural changes
Danske Finance Oy was absorbed into Danske Bank A/S through a cross-border merger completed under the Finnish and Danish Companies Acts, with the Finnish Trade Register recording the entity as ceased on 3 January 2024. Following the merger, the business continued as part of Danske Bank A/S’s branch operations in Finland (Danske Bank A/S, Suomen sivuliike, Televisiokatu 1, Helsinki). Earlier, during the first half of 2023, Danske Finance Oy had already transferred its remaining factoring business and customers to Danske Bank A/S Finnish Branch.
Data availability
Group-structure information for Danske Finance Oy is Full up to and including its FY2022 Annual Report and the confirmed 2024 merger. No subsidiaries of Danske Finance Oy itself were identified in any source reviewed.
Sources
Danske Finance Ltd, Annual Report 2022, danskebank.com, filed 15 March 2023. Finnish Patent and Registration Office (PRH), Business Information System (avoindata.prh.fi), Business ID 2526683-3. Castren & Snellman, “Danske Finance – Cross-Border Merger” case summary, castren.fi. Danske Bank, merger notice, danskebank.fi/danskefinance/artikkelit/danske-finance-oy-sulautuminen. All retrieved 16 September 2026.
Get complete shareholder and officer records, ultimate beneficial owner resolution, and ongoing ownership monitoring.
Frequently Asked Questions
What is Danske Finance Oy?
Danske Finance Oy (Business ID 2526683-3) was a Finnish private limited company (osakeyhtiö) incorporated on 23 January 2013 that provided leasing, hire-purchase and factoring finance in Finland as part of Danske Bank Group.
Is Danske Finance Oy still active?
No. The Finnish Trade Register recorded Danske Finance Oy's entry as ceased on 3 January 2024, following its absorption into Danske Bank A/S through a cross-border merger.
What was Danske Finance Oy's business ID (Y-tunnus)?
Its Finnish Business ID (Y-tunnus) was 2526683-3, registered with the Finnish Patent and Registration Office (PRH).
Who owned Danske Finance Oy?
Per its 2022 Annual Report, Danske Bank A/S held all 15,000 shares of Danske Finance Oy, making it the company's sole (100%) shareholder.
Who was Danske Finance Oy's parent company?
Danske Bank A/S (Denmark, CVR 61126228), the parent company of Danske Bank Group and a public limited company listed on Nasdaq Copenhagen under the ticker DANSKE.
What happened to Danske Finance Oy?
It was absorbed into Danske Bank A/S through a cross-border merger carried out under the Finnish and Danish Companies Acts, with its business continuing as part of Danske Bank A/S's branch operations in Finland.
What did Danske Finance Oy do?
It provided asset finance services covering leasing, hire-purchase financing and factoring, mainly to corporate customers of Danske Bank A/S Finland Branch and to sectors including vehicle sales, IT and office automation, industry, transport services and agriculture.
Who was the managing director of Danske Finance Oy?
Jarkko Vuorikoski held the role of Managing Director, per the company's 2022 Annual Report.
Who sat on Danske Finance Oy's Board of Directors?
As of the 2022 Annual Report, the board comprised Claus Sørup Rasmussen (Chairman), Elina Fogelholm, Kim Forsström, Hanne Harck and, from 22 June 2022, Morten Nielsen.
What was Danske Finance Oy's turnover?
EUR 283.9 million in financial year 2022, its last full published financial year, with an operating profit of EUR 23.2 million.
Where was Danske Finance Oy located?
Helsinki, Finland, most recently at Televisiokatu 1, 00240 Helsinki.
Who audited Danske Finance Oy?
Deloitte Ltd audited the company, with Aleksi Martamo, APA, named as the key audit partner at the 2022 Annual General Meeting.
Does Danske Finance Oy have subsidiaries?
No subsidiaries of Danske Finance Oy were identified in any source reviewed.
Is Danske Finance Oy listed on a stock exchange?
No. Danske Finance Oy itself was never listed. Its parent, Danske Bank A/S, is listed on Nasdaq Copenhagen under the ticker DANSKE.