Business profile

Ed Vares Oy

Ed Vares Oy's registered office is Vanda. It is a limited company. The company was established on 2009-02-12. It operates in the industry of on-demand passenger transport service activities by vehicle with driver. In its latest retained statement for 2026-02-28, revenue was €57,468 and operating profit was -€10,406.

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Business ID 2247981-7ValidUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
2247981-7
Sector
On-demand passenger transport service activities by vehicle with driver
Municipality
Vanda
Company form
Limited company
Registration date
2009-02-12
Business ID registration date
2009-01-28
Business status
Valid
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Kuminatie 32 A, 01300, Vanda

About Ed Vares Oy

Financial position and key figures for the company.

Ed Vares Oy's location municipality is Vanda. It is a limited company. The company was established on 2009-02-12. It operates in the industry of on-demand passenger transport service activities by vehicle with driver. In its latest retained statement for 2026-02-28, revenue was €57,468 and operating profit was -€10,406. The latest retained financial statement for 2026-02-28 shows revenue of €57,468 and profit for the financial year of -€10,404. Based on the latest retained statement, revenue growth was +2.0%, operating margin was -18.1%, and equity ratio was +33.5%.

Financial highlights

Key figures from the latest financial period.

Open full statement
Latest financial period

2026-02-28

Imported periods1
PRH parsed1
Profile sourcePRH/XBRL financial statement
Derived indicators
Revenue growth2.0%
Operating margin-18.1%
Equity ratio33.5%
Balance-sheet contextLatest financial period
Other operating income€180Previous: €0
Cash and bank€7,728Previous: €9,886
Retained earnings€13,119Previous: €20,829
Equity€5,216Previous: €17,692
Liabilities€10,331Previous: €1,041
Current assets€10,649Previous: €12,202
Current liabilities€10,331Previous: €1,041

Financial ratios

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

Equity ratioSatisfactory
42/100 · Declining
33.5 %2025-02-28: 94.4 %
Current ratioPassable
25/100 · Declining
0.75x2025-02-28: 9.50x
Operating profit marginWeak
5/100 · Declining
-18.1 %2025-02-28: -10.0 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusValid
Trade RegisterRegistered
Business ID2247981-7
VAT IDFI22479817
EU IDFIFPRO.2247981-7
MunicipalityVanda
Current registered entries
2009-02-01VAT-liable for business activity in Tax Administration (VAT Register)
2009-02-01Registered in Tax Administration (Prepayment Register)
2009-02-11Registered in Tax Administration (Tax Administration)
2009-02-12Registered in Patent and Registration Office (Trade 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
B2
SatisfactoryEd Vares Oy
Grade downgradedB1 → B2 · new analysis 2026-09-20
Model score55/100
Assessment confidenceMedium
Evidence qualityUsable financial evidenceFinancial data included
Peer comparisonSame size nationallyDescriptive comparison – does not change the model score.
218 peers
Solvency35%
Below 65% of peers
Profitability21%
Below 79% of peers
Liquidity58%
Better than 58% of peers
Financial statement reporting patternLimited evidenceBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
1 observed filings
Latest registration lag111 days after period end
Typical registration lag111 days after period end
Annual continuity1 consecutive periods
Supporting factors
  • Company context reduces the weight of an isolated financial signal
  • Active registered status
  • Long registry continuity
Risk factors to note
  • Weak current ratio
  • Negative profitability or net result
  • Elevated industry distress context
Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessments
B2
2026-09-20 14:4755/100 · v0.14
B1 → B2 · -8 points
  • Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2026-02-28).
  • Evidence quality: Registry and statistical evidence → Usable financial evidence.
B1
2026-09-1463/100 · v0.14
B1 → B1
B1
2026-09-1463/100 · v0.13
B2 → B1 · +5 points
  • Assessment confidence: Low → Medium.
  • Evidence quality: Registry and statistical evidence → Registry and statistical evidence.
  • New risk factor: Sufficient structured financial metrics are not available.
B2
2026-09-1358/100 · v0.12
Oldest retained automatic assessment in this comparison
Automatic model gradeB2
Automatic model snapshot2026-09-20
Automatic model versionopen-risk-grade-v0.14
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 riskelevated
47/100

Industry context is elevated based on normalized open statistical inputs.

Age and continuityVakiintunut
80/100

The company has about 17 years of registry continuity.

Registry and status signalsSeurattava
74/100

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
20 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1 → B2.
Risk grade updatedRisk gradeEvidence verified
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1.

Registry timeline

Trade register notifications shown on a timeline.

13 register eventsLatest event: 2025-06-26

Financial statements availability

Available financial statement periods and PRH source filings.

1 financial statement periodsLatest financial period: 2026-02-28

Profile source and ownership

Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2026-01-28.

This company profile has not been claimed yet

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