Risk grade updatedRisk gradeEvidence verified
6 Nov 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade A2 → B3.Business profile
Convertwell Oy Ab
Convertwell Oy Ab's registered office is Littoinen. It is a limited company. The company was established on 2015-12-01. It operates in the industry of other technical testing and analysis. In its latest retained statement for 2025-12-31, revenue was €476,710 and operating profit was -€204,926.
Business ID 2719467-7ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 2719467-7
- Sector
- Other technical testing and analysis
- Municipality
- Littoinen
- Company form
- Limited company
- Registration date
- 2015-12-01
- Business ID registration date
- 2015-10-21
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Kirjokannenkatu 11, 20660, Littoinen
Website: https://www.convertwell.fiSource observation
About Convertwell Oy Ab
Financial position and key figures for the company.
Convertwell Oy Ab's location municipality is Littoinen. It is a limited company. The company was established on 2015-12-01. It operates in the industry of other technical testing and analysis. In its latest retained statement for 2025-12-31, revenue was €476,710 and operating profit was -€204,926. The latest retained financial statement for 2025-12-31 shows revenue of €476,710 and profit for the financial year of -€226,718. Based on the latest retained statement, revenue growth was -69.9%, operating margin was -43.0%, and equity ratio was +59.9%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2025-12-31
6
6
PRH/XBRL financial statement
Derived indicators
Revenue growth-69.9%
Operating margin-43.0%
Equity ratio59.9%
Balance-sheet contextLatest financial period
Inventory€30,000Previous: €35,045
Cash and bank€27,484Previous: €7,144
Advances received€64,866Previous: €58,182
Retained earnings€466,035Previous: €205,940
Equity€241,817Previous: €518,535
Liabilities€161,934Previous: €196,475
Current assets€371,338Previous: €686,792
Current liabilities€161,934Previous: €196,475
Revenue trend6 periods
€919,135
2019-12-31
€759,445
2021-12-31
€824,218
2022-12-31
€1,051,321
2023-12-31
€1,582,659
2024-12-31
€476,710
2025-12-31
Operating profit (loss) trend6 periods
€237,387
2019-12-31
€128,443
2021-12-31
€24,755
2022-12-31
€110,585
2023-12-31
€343,101
2024-12-31
-€204,926
2025-12-31
Profit (loss) for the financial year trend6 periods
€172,145
2019-12-31
€96,117
2021-12-31
-€62,274
2022-12-31
€120,939
2023-12-31
€310,095
2024-12-31
-€226,718
2025-12-31
Assets trend6 periods
€396,934
2019-12-31
€357,162
2021-12-31
€307,186
2022-12-31
€391,888
2023-12-31
€715,010
2024-12-31
€403,751
2025-12-31
Financial ratios
Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.
Equity ratioGood
89/100 · Declining
Current ratioWeak
12/100 · Improving
Operating profit marginWeak
0/100 · Declining
Ratio history
| Ratio | 2019-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|
| Equity ratio | 59.9 % | 87.3 % | 87.8 % | 85.0 % | 79.0 % | 71.4 % |
| Current ratio | 0.82x | 1.91x | 0.44x | 0.75x | 0.21x | 0.35x |
| Operating profit margin | 25.8 % | 16.9 % | 3.0 % | 10.5 % | 21.7 % | -43.0 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID2719467-7
VAT IDFI27194677
EU IDFIFPRO.2719467-7
MunicipalityLittoinen
Current registered entries
2015-12-01Registered in Tax Administration (Tax Administration)
2016-01-01VAT-liable for business activity in Tax Administration (VAT Register)
2020-10-22Registered in Patent and Registration Office (Trade Register)
2021-11-10Registered in Tax Administration (Prepayment Register)
2023-09-01Registered in Tax Administration (Employer 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
Automatic gradeNot a credit decision
B3
MonitorConvertwell Oy Ab
Grade downgradedA2 → B3 · new analysis 2026-11-06
49/100
High
Strong financial evidenceFinancial data included
Several key financial indicators have weakened across comparable fiscal periods.
3 comparable periodsRevenueVolatile
ProfitabilityVolatile
Same industry, size and age groupDescriptive comparison – does not change the model score.
43 peersSolvency58%
Better than 58% of peers
Profitability2%
Below 98% of peers
Liquidity51%
Close to the peer-group midpoint
Revenue growth0%
Below 100% of peers
DelayedBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
4 observed filings307 days after period end
210 days after period end
4 consecutive periods
Supporting factors
- Strong equity ratio
- Active registered status
- Long registry continuity
Risk factors to note
- Weak current ratio
- Negative profitability or net result
- Sharp year-over-year revenue drop
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
7 assessmentsB3
2026-11-06 05:2749/100 · v0.15
A2 → B3 · -31 points- Evidence strengthened: a newer PRH/XBRL financial statement was added to the assessment (2025-12-31).
- Assessment confidence: Low → High.
- Evidence quality: Usable financial evidence → Strong financial evidence.
A2
2026-11-02 11:2780/100 · v0.15
A2 → A2- Evidence strengthened: another PRH/XBRL statement was added to the financial series (2024-12-31).
- Assessment confidence: High → Low.
- Evidence quality: Strong financial evidence → Usable financial evidence.
A2
2026-10-1880/100 · v0.15
A2 → A2A2
2026-09-25 00:4280/100 · v0.14
B1 → A2 · +17 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.
B3
2026-11-06
open-risk-grade-v0.15
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 sufficient source-backed financial metrics are not available for a Tier 1 assessment, BUSINESS.fi shows registry, industry, and regional context.
Industry riskelevated
47/100
Industry context is elevated based on normalized open statistical inputs.
Age and continuityVakiintunut
80/100
The company has about 10 years of registry continuity.
Registry and status signalsVakaa
80/100
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.
Financial statement availableFinancialEvidence verified
3 Nov 2026 · PRH / XBRLFinancial period ends 2025-12-31.Risk grade updatedRisk gradeEvidence verified
18 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade A2.Risk grade updatedRisk gradeEvidence verified
25 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1 → A2.Risk grade updatedRisk gradeEvidence verified
15 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1.Risk grade updatedRisk gradeEvidence verified
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2.Registry timeline
Trade register notifications shown on a timeline.
21 register eventsLatest event: 2025-09-02
Financial statements availability
Available financial statement periods and PRH source filings.
6 financial statement periodsLatest financial period: 2025-12-31
Profile source and ownership
Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2025-12-31.
This company profile has not been claimed yet
Convertwell Oy Ab shows public core facts. A company representative can claim the profile, update public information, and access owner tools.