What is “OK”?
OK stands for Andelslag (Swedish), a cooperative used primarily in Finland. The suffix signals that the business has limited liability and is privately held.
Full meaning & translation
The full form is Andelslag, a Swedish-language term. It translates literally as “cooperative association.” You may also encounter it abbreviated or written as andelslag, anl, osuuskunta.
Where it's used
OK appears in company names registered in the following jurisdiction:
What it tells you about the company
Equivalent forms around the world
These are the closest structural equivalents to OK in other jurisdictions — same entity category, different national law.
Normalizing “OK” in your data
When matching or deduplicating company records, the legal suffix is noise — “Acme OK” and “Acme” should resolve to the same entity. One API call strips it and returns a stable canonical form:
curl -X POST https://api.ambect.com/v1/normalize/company \
-H "Authorization: Bearer $AMBECT_KEY" \
-H "Content-Type: application/json" \
-d '{"name": "Acme OK", "country": "fi"}'{
"data": {
"canonical": "acme ok",
"legal_type": null,
"tokens": [
"acme",
"ok"
]
},
"meta": {
"pipeline": [
"lowercase",
"legal_suffix"
],
"confidence": 0.99
}
}Frequently asked questions
What does OK stand for?
OK stands for Andelslag (Swedish), which translates as "cooperative association".
Is a OK public or private?
A OK is a private entity — its shares are not publicly listed or traded on a stock exchange.
What is the liability in a OK?
Owners of a OK have limited liability. Their personal assets are protected, and their exposure is capped at the amount they invested.
Which countries use OK?
OK is used in Finland.
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