Risk grade updatedRisk gradeEvidence verified
17 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2.Business profile
Eltel Networks Oy
Eltel Networks Oy's registered office is Esbo. It is a limited company. The company was established on 1998-12-23. It operates in the industry of construction of utility projects for electricity and telecommunications. In its latest retained statement for 2025-12-31, revenue was €323,619,123 and operating profit was €12,531,190.
Business ID 1548234-8ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 1548234-8
- Sector
- Construction of utility projects for electricity and telecommunications
- Municipality
- Esbo
- Company form
- Limited company
- Registration date
- 1998-12-23
- Business ID registration date
- 1999-08-26
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Laturinkuja 8, 02650, Esbo
Postal address: P.O. Box 50, 02611, Esbo
Phone: +35820411211Source observation
Website: https://www.eltelnetworks.comSource observation
People and decision-makers
Luusua Juha PekkaToimitusjohtaja
About Eltel Networks Oy
Financial position and key figures for the company.
Eltel Networks Oy's location municipality is Esbo. It is a limited company. The company was established on 1998-12-23. It operates in the industry of construction of utility projects for electricity and telecommunications. In its latest retained statement for 2025-12-31, revenue was €323,619,123 and operating profit was €12,531,190. The latest retained financial statement for 2025-12-31 shows revenue of €323,619,123 and profit for the financial year of €162,520. Based on the latest retained statement, revenue growth was -3.5%, operating margin was +3.9%, and equity ratio was +11.9%.
Auxiliary business names
Public alternate names materialized from source observations.
EltelEltel Networks CorporationEltel Networks KaakkoKymertekSähköradatTransmastTurvatikas
Extended business activity
A longer directory- or registry-backed activity description that complements the short registry industry label.
Yhtiön toimialana on yhteiskunnan infrastruktuurin rakentamiseen ja ylläpitoon liittyvät palvelut. Infrastruktuuri käsittää tässä sähkön, puheen, datan ja kaukolämmön siirtoon, jakeluun ja tuotantoon tarkoitettujen järjestelmien ja laitteistojen suunnittelun, rakentamisen ja ylläpidon. Toimintaansa varten yhtiö voi omistaa ja hallita kiinteistöjä, osakkeita ja arvopapereita.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2025-12-31
0
0
Enriched source observation
Derived indicators
Revenue growth-3.5%
Operating margin3.9%
Equity ratio11.9%
Revenue€323,619,123-€11,586,360 (-3.5%) vs previous periodPrevious: €335,205,483
Operating profit (loss)€12,531,190+€4,758,136 (+61.2%) vs previous periodPrevious: €7,773,054
Profit (loss) for the financial year€162,520-€89,551 (-35.5%) vs previous periodPrevious: €252,071
Assets€157,938,092+€27,568,134 (+21.1%) vs previous periodPrevious: €130,369,957
Balance-sheet contextLatest financial period
Employees1 141Previous: 1 264
Revenue trend4 periods
€266,212,002
2022-12-31
€320,287,752
2023-12-31
€335,205,483
2024-12-31
€323,619,123
2025-12-31
Operating profit (loss) trend4 periods
€6,437,066
2022-12-31
€364,388
2023-12-31
€7,773,054
2024-12-31
€12,531,190
2025-12-31
Profit (loss) for the financial year trend4 periods
€269,030
2022-12-31
€56
2023-12-31
€252,071
2024-12-31
€162,520
2025-12-31
Assets trend4 periods
€108,036,164
2022-12-31
€125,533,757
2023-12-31
€130,369,957
2024-12-31
€157,938,092
2025-12-31
Financial ratios
Financial ratios based on financial statement data. Source: Rikastettu lähdehavainto.
Equity ratioWeak
15/100 · Declining
Current ratioNot assessable
0/100 · Trend unavailable
Operating profit marginSatisfactory
60/100 · Improving
Ratio history
| Ratio | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Equity ratio | 17.1 % | 14.7 % | 14.3 % | 11.9 % |
| Current ratio | - | - | - | - |
| Operating profit margin | 2.4 % | 0.1 % | 2.3 % | 3.9 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID1548234-8
VAT IDFI15482348
EU IDFIFPRO.1548234-8
MunicipalityEsbo
Current registered entries
1998-12-23Registered in Patent and Registration Office (Trade Register)
1999-08-26Registered in Tax Administration (Tax Administration)
2002-04-01Registered in Tax Administration (Employer Register)
2002-04-01VAT-liable for business activity in Tax Administration (VAT Register)
2002-04-01Registered in Tax Administration (Prepayment Register)
2006-05-18VAT-obliged for the transfer of rights to use immovable property in Tax Administration (VAT Register)
Responsible people
Public role relationships materialized from source observations.
Luusua Juha PekkaToimitusjohtajaSources: 4 · Confidence: 78%
Leikas Tarja Marjut MariaVarsinainen jäsenSources: 4 · Confidence: 78%
Luusua Juha PekkaVarsinainen jäsenSources: 3 · Confidence: 78%
Petri Mikael SammalistoPäävastuullinen tilintarkastajaSources: 1 · Confidence: 76%
Heidi KorppooCFOSources: 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
B2
SatisfactoryEltel Networks Oy
Grade unchangedB2 · new analysis 2026-10-17
58/100
Medium
Usable financial evidenceFinancial data included
Financial development is mostly stable or mixed.
4 comparable periodsRevenueStable
ProfitabilityStable
SolvencyStable
LiquidityNot enough history
Same industryDescriptive comparison – does not change the model score.
77 peersSolvency17%
Below 83% of peers
Profitability52%
Close to the peer-group midpoint
Revenue growth29%
Below 71% of peers
Supporting factors
- Active registered status
- A newer financial statement filing has been reported
- Long registry continuity
Risk factors to note
- Elevated industry distress context
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
2 assessmentsB2
2026-10-1758/100 · v0.15
B2 → B2 · +1 points- Evidence quality: Strong financial evidence → Usable financial evidence.
- Risk factor cleared: High balance-sheet leverage.
B2
2026-10-0257/100 · v0.14
Oldest retained automatic assessment in this comparisonB2
2026-10-17
open-risk-grade-v0.15
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
48/100
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
83/100
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
2 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2.Registry timeline
Trade register notifications shown on a timeline.
50 register eventsLatest event: 2026-04-18
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
Eltel Networks Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.