Risk grade updatedRisk gradeEvidence verified
29 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1.Business profile
Econel Oy
Econel Oy's registered office is Helsingfors. It is a limited company. The company was established on 1999-06-30. It operates in the industry of electrical installation. In its latest retained statement for 2024-12-31, revenue was €2,132,286 and operating profit was -€250,700.
Business ID 1544837-7ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 1544837-7
- Sector
- Electrical installation
- Municipality
- Helsingfors
- Company form
- Limited company
- Registration date
- 1999-06-30
- Business ID registration date
- 1999-08-02
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Pakilantie 40, 00630, Helsingfors
Phone: +3589611255Source observation
Email: [email protected]Source observation
Website: https://www.econel.fiSource observation
People and decision-makers
Peltomaa Vesa IlmariToimitusjohtaja
About Econel Oy
Financial position and key figures for the company.
Econel Oy's location municipality is Helsingfors. It is a limited company. The company was established on 1999-06-30. It operates in the industry of electrical installation. In its latest retained statement for 2024-12-31, revenue was €2,132,286 and operating profit was -€250,700. The latest retained financial statement for 2024-12-31 shows revenue of €2,132,286 and profit for the financial year of -€255,046. Based on the latest retained statement, revenue growth was -26.7%, operating margin was -11.8%, and equity ratio was +82.1%.
Auxiliary business names
Public alternate names materialized from source observations.
Kelosähkö
Financial highlights
Key figures from the latest financial period.
Latest financial period
2024-12-31
0
0
Enriched source observation
Derived indicators
Revenue growth-26.7%
Operating margin-11.8%
Equity ratio82.1%
Revenue€2,132,286-€776,121 (-26.7%) vs previous periodPrevious: €2,908,407
Operating profit (loss)-€250,700-€588,379 (-174.2%) vs previous periodPrevious: €337,679
Profit (loss) for the financial year-€255,046-€521,655 (-195.7%) vs previous periodPrevious: €266,609
Assets€1,657,492-€598,524 (-26.5%) vs previous periodPrevious: €2,256,017
Balance-sheet contextLatest financial period
Profit before taxes-€255,046Previous: €335,050
Employees20Previous: 25
Revenue trend5 periods
€2,505,907
2020-12-31
€4,316,207
2021-12-31
€4,705,651
2022-12-31
€2,908,407
2023-12-31
€2,132,286
2024-12-31
Operating profit (loss) trend5 periods
€437,933
2020-12-31
€221,807
2021-12-31
€610,690
2022-12-31
€337,679
2023-12-31
-€250,700
2024-12-31
Profit (loss) for the financial year trend5 periods
€345,964
2020-12-31
€166,340
2021-12-31
€485,769
2022-12-31
€266,609
2023-12-31
-€255,046
2024-12-31
Assets trend5 periods
€2,205,012
2020-12-31
€2,419,168
2021-12-31
€2,504,008
2022-12-31
€2,256,017
2023-12-31
€1,657,492
2024-12-31
Financial ratios
Financial ratios based on financial statement data. Source: Rikastettu lähdehavainto.
Equity ratioGood
100/100 · Improving
Current ratioNot assessable
0/100 · Trend unavailable
Operating profit marginWeak
21/100 · Declining
Ratio history
| Ratio | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Equity ratio | 77.0 % | 60.5 % | 71.9 % | 78.3 % | 82.1 % |
| Current ratio | - | - | - | - | - |
| Operating profit margin | 17.4 % | 5.1 % | 13.0 % | 11.6 % | -11.8 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID1544837-7
VAT IDFI15448377
EU IDFIFPRO.1544837-7
MunicipalityHelsingfors
Current registered entries
1999-06-30VAT-liable for business activity in Tax Administration (VAT Register)
1999-06-30Registered in Tax Administration (Prepayment Register)
1999-06-30Registered in Patent and Registration Office (Trade Register)
1999-07-01Registered in Tax Administration (Employer Register)
1999-08-02Registered in Tax Administration (Tax Administration)
2017-06-12VAT-obliged for the transfer of rights to use immovable property in Tax Administration (VAT Register)
Responsible people
Public role relationships materialized from source observations.
Peltomaa Vesa IlmariToimitusjohtajaSources: 5 · Confidence: 78%
Peltomaa Vesa IlmariVarsinainen jäsenSources: 2 · Confidence: 78%
Haukkala Jari JuhaniTilintarkastajaSources: 2 · Confidence: 78%
Träff Miia SusannaVarajäsenSources: 2 · Confidence: 78%
Esko Johannes HaukkalaVaratilintarkastajaSources: 1 · Confidence: 76%
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
B1
StableEconel Oy
61/100
Medium
Strong financial evidenceFinancial data included
Several key financial indicators have weakened across comparable fiscal periods.
4 comparable periodsSolvencyImproving
LiquidityNot enough history
Same industryDescriptive comparison – does not change the model score.
98 peersSolvency81%
Better than 81% of peers
Profitability9%
Below 91% of peers
Revenue growth14%
Below 86% of peers
Supporting factors
- Strong equity ratio
- Active registered status
- A newer financial statement filing has been reported
Risk factors to note
- Negative profitability or net result
- Coordinated deterioration across 2 financial domains
- Elevated industry distress context
B1
2026-09-29
open-risk-grade-v0.14
The grade can use open digital financial statement data together with registry signals.
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
38/100
Industry context is elevated based on normalized open statistical inputs.
Age and continuityVakiintunut
90/100
The company has about 27 years of registry continuity.
Registry and status signalsVakaa
86/100
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.
Registry timeline
Trade register notifications shown on a timeline.
21 register eventsLatest event: 2026-09-09
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
Econel Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.