Business profile

Arctic Electric Vehicles Oy

Arctic Electric Vehicles Oy's registered office is Seinäjoki. It is a limited company. The company was established on 2014-06-13. It operates in the industry of electrical engineering design and technical consultancy. In its latest retained statement for 2024-12-31, revenue was €124,215 and operating profit was €5,077.

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Business ID 2621959-6ValidUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
2621959-6
Sector
Electrical engineering design and technical consultancy
Municipality
Seinäjoki
Company form
Limited company
Registration date
2014-06-13
Business ID registration date
2014-05-16
Business status
Valid
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Tikkuvuorenkatu 3, 60200, Seinäjoki

Website: https://www.arctic-ev.fiSource observation

About Arctic Electric Vehicles Oy

Financial position and key figures for the company.

Arctic Electric Vehicles Oy's location municipality is Seinäjoki. It is a limited company. The company was established on 2014-06-13. It operates in the industry of electrical engineering design and technical consultancy. In its latest retained statement for 2024-12-31, revenue was €124,215 and operating profit was €5,077. The latest retained financial statement for 2024-12-31 shows revenue of €124,215 and profit for the financial year of €4,220. Based on the latest retained statement, revenue growth was -9.9%, operating margin was +4.1%, and equity ratio was +25.5%.

Financial highlights

Key figures from the latest financial period.

Open full statement
Latest financial period

2024-12-31

Imported periods3
PRH parsed2
Profile sourcePRH/XBRL financial statement
Derived indicators
Revenue growth-9.9%
Operating margin4.1%
Equity ratio25.5%
Revenue€124,215-€13,626 (-9.9%) vs previous periodPrevious: €137,841
Operating profit (loss)€5,077+€380 (+8.1%) vs previous periodPrevious: €4,697
Profit (loss) for the financial year€4,220+€77 (+1.9%) vs previous periodPrevious: €4,143
Assets€62,751+€3,662 (+6.2%) vs previous periodPrevious: €59,088
Balance-sheet contextLatest financial period
Inventory€48,730Previous: €48,298
Cash and bank€961Previous: €54
Retained earnings€7,227Previous: €3,084
Equity€16,016Previous: €11,796
Liabilities€46,735Previous: €47,293
Current assets€62,751Previous: €59,088
Current liabilities€9,611Previous: €10,687
Revenue trend2 periods
€137,841
2023-12-31
€124,215
2024-12-31
Operating profit (loss) trend2 periods
€4,697
2023-12-31
€5,077
2024-12-31
Profit (loss) for the financial year trend2 periods
€4,143
2023-12-31
€4,220
2024-12-31
Assets trend2 periods
€59,088
2023-12-31
€62,751
2024-12-31

Financial ratios

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

Equity ratioPassable
32/100 · Improving
25.5 %2023-12-31: 20.0 %
Current ratioGood
100/100 · Improving
5.17x2023-12-31: 4.52x
Operating profit marginSatisfactory
60/100 · Improving
4.1 %2023-12-31: 3.4 %
Ratio history
Ratio2023-12-312024-12-31
Equity ratio20.0 %25.5 %
Current ratio4.52x5.17x
Operating profit margin3.4 %4.1 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusValid
Trade RegisterRegistered
Business ID2621959-6
VAT IDFI26219596
EU IDFIFPRO.2621959-6
MunicipalitySeinäjoki
Current registered entries
2014-05-16VAT-liable for business activity in Tax Administration (VAT Register)
2014-05-16Registered in Tax Administration (Prepayment Register)
2014-06-13Registered in Patent and Registration Office (Trade Register)
2014-07-02Registered in Tax Administration (Tax Administration)

Risk certificate

An open-data based company stability and risk signal.

BUSINESS.fi

BUSINESS.fi Luottoluokitus

Profile-specific risk signal based on open data

Automatic gradeNot a credit decision
A3
GoodArctic Electric Vehicles Oy
Grade unchangedA3 · new analysis 2026-10-17
Model score71/100
Assessment confidenceHigh
Evidence qualityStrong financial evidenceFinancial data included
Financial trajectorySeveral key financial indicators show coordinated recovery.
3 comparable periods
RevenueStable
ProfitabilityStable
SolvencyImproving
LiquidityImproving
Peer comparisonSame industry, size and age groupDescriptive comparison – does not change the model score.
70 peers
Solvency16%
Below 84% of peers
Profitability29%
Below 71% of peers
Liquidity91%
Better than 91% of peers
Revenue growth24%
Below 76% of peers
Financial statement reporting patternMixedBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
2 observed filings
Latest registration lag183 days after period end
Typical registration lag217 days after period end
Annual continuity2 consecutive periods
Supporting factors
  • Healthy short-term liquidity
  • Coordinated recovery across 2 financial domains
  • Active registered status
Risk factors to note

No material separate warning signals.

Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessments
A3
2026-10-1771/100 · v0.15
A3 → A3
A3
2026-09-19 13:2371/100 · v0.14
B1 → A3 · +4 points
  • Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2024-12-31).
  • Assessment confidence: Medium → High.
  • Evidence quality: Registry and statistical evidence → Strong financial evidence.
B1
2026-09-1467/100 · v0.14
B1 → B1
B1
2026-09-1467/100 · v0.13
Oldest retained automatic assessment in this comparison
Automatic model gradeA3
Automatic model snapshot2026-10-17
Automatic model versionopen-risk-grade-v0.15
Financial data included

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

Verify assessment

Risk context

When sufficient source-backed financial metrics are not available for a Tier 1 assessment, BUSINESS.fi shows registry, industry, and regional context.

Industry riskmedium
62/100

Industry context is medium based on normalized open statistical inputs.

Age and continuityVakiintunut
80/100

The company has about 12 years of registry continuity.

Registry and status signalsVakaa
78/100

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

Events & news

Verified events and sourced external company news in one timeline.

Risk grade updatedRisk gradeEvidence verified
17 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade A3.
Risk grade updatedRisk gradeEvidence verified
19 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1 → A3.
Risk grade updatedRisk gradeEvidence verified
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1.

Registry timeline

Trade register notifications shown on a timeline.

20 register eventsLatest event: 2026-04-01

Financial statements availability

Available financial statement periods and PRH source filings.

3 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 2026-04-01.

This company profile has not been claimed yet

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