Risk grade updatedRisk gradeEvidence verified
30 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade A3 → B1.Business profile
Electro Waves Oy
Electro Waves Oy's registered office is Esbo. It is a limited company. The company was established on 1998-03-17. It operates in the industry of wholesale of information and communication equipment. In its latest retained statement for 2025-12-31, revenue was €8,483,479 and operating profit was €36,770.
Business ID 1535212-1ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 1535212-1
- Sector
- Wholesale of information and communication equipment
- Municipality
- Esbo
- Company form
- Limited company
- Registration date
- 1998-03-17
- Business ID registration date
- 1999-05-21
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Ruukintie 2, 02330, Esbo
Website: https://www.electrowaves.fiSource observation
About Electro Waves Oy
Financial position and key figures for the company.
Electro Waves Oy's location municipality is Esbo. It is a limited company. The company was established on 1998-03-17. It operates in the industry of wholesale of information and communication equipment. In its latest retained statement for 2025-12-31, revenue was €8,483,479 and operating profit was €36,770. The latest retained financial statement for 2025-12-31 shows revenue of €8,483,479 and profit for the financial year of €9,068. Based on the latest retained statement, revenue growth was -29.7%, operating margin was +0.4%, and equity ratio was +50.6%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2025-12-31
4
3
PRH/XBRL financial statement
Derived indicators
Revenue growth-29.7%
Operating margin0.4%
Equity ratio50.6%
Balance-sheet contextLatest financial period
Other operating income€350Previous: €52,687
Inventory€1,582,258Previous: €1,480,754
Cash and bank€47,761Previous: €50,433
Advances received€179,085Previous: €171,882
Retained earnings€2,083,521Previous: €1,654,890
Equity€2,117,818Previous: €2,282,362
Liabilities€2,066,937Previous: €1,992,132
Current assets€3,521,781Previous: €3,612,017
Current liabilities€2,002,485Previous: €1,787,639
Revenue trend3 periods
€8,816,213
2023-12-31
€12,061,459
2024-12-31
€8,483,479
2025-12-31
Operating profit (loss) trend3 periods
€133,429
2023-12-31
€780,358
2024-12-31
€36,770
2025-12-31
Profit (loss) for the financial year trend3 periods
€67,930
2023-12-31
€602,244
2024-12-31
€9,068
2025-12-31
Assets trend3 periods
€5,542,845
2023-12-31
€4,284,494
2024-12-31
€4,184,755
2025-12-31
Financial ratios
Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.
Equity ratioGood
66/100 · Declining
Current ratioPassable
27/100 · Declining
Operating profit marginPassable
51/100 · Declining
Ratio history
| Ratio | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Equity ratio | 40.9 % | 55.5 % | 52.9 % |
| Current ratio | 0.92x | 0.86x | 0.81x |
| Operating profit margin | 1.5 % | 6.4 % | 0.4 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID1535212-1
VAT IDFI15352121
EU IDFIFPRO.1535212-1
MunicipalityEsbo
Current registered entries
1998-03-17Registered in Patent and Registration Office (Trade Register)
1999-05-21Registered in Tax Administration (Tax Administration)
1999-11-01VAT-liable for business activity in Tax Administration (VAT Register)
1999-12-09Registered in Tax Administration (Prepayment Register)
2000-01-01Registered in Tax Administration (Employer Register)
2005-12-13VAT-obliged for the transfer of rights to use immovable property in Tax Administration (VAT 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
B1
StableElectro Waves Oy
Grade downgradedA3 → B1 · new analysis 2026-09-30
67/100
High
Strong financial evidenceFinancial data included
Financial development has been volatile across multiple domains.
3 comparable periodsRevenueVolatile
ProfitabilityVolatile
SolvencyImproving
LiquidityStable
Same size nationallyDescriptive comparison – does not change the model score.
81 peersSolvency60%
Better than 60% of peers
Profitability25%
Below 75% of peers
Liquidity65%
Better than 65% of peers
Revenue growth4%
Below 96% of peers
RegularBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
4 observed filings183 days after period end
168 days after period end
4 consecutive periods
Supporting factors
- Strong equity ratio
- Active registered status
- A newer financial statement filing has been reported
Risk factors to note
- Weak current ratio
- Material volatility across multiple financial domains
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
4 assessmentsB1
2026-09-30 21:5467/100 · v0.14
A3 → B1 · -6 points- Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2025-12-31).
- Assessment confidence: Medium → High.
- Evidence quality: Registry and statistical evidence → Strong financial evidence.
A3
2026-09-1573/100 · v0.14
B1 → A3 · +11 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.
B1
2026-09-1462/100 · v0.12
Oldest retained automatic assessment in this comparisonB1
2026-09-30
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 riskmedium
52/100
Industry context is medium based on normalized open statistical inputs.
Age and continuityVakiintunut
90/100
The company has about 28 years of registry continuity.
Registry and status signalsErittäin vahva
90/100
Long registry history, recent financial statement filings, and active register markings support this signal.
Events & news
Verified events and sourced external company news in one timeline.
Risk grade updatedRisk gradeEvidence verified
15 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade A3.Risk grade updatedRisk gradeEvidence verified
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1.Registry timeline
Trade register notifications shown on a timeline.
31 register eventsLatest event: 2026-07-10
Financial statements availability
Available financial statement periods and PRH source filings.
4 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 2026-03-10.
This company profile has not been claimed yet
Electro Waves Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.