Risk grade updatedRisk gradeEvidence verified
18 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.Business profile
Etelä-Suomen Lvi Urakointi Oy
Etelä-Suomen Lvi Urakointi Oy was declared bankrupt 2024-06-10. In its latest retained statement for 2022-12-31, revenue was €586,542 and operating profit was €100,816.
Business ID 2194978-4BANKRUPTCYUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 2194978-4
- Sector
- Site preparation
- Municipality
- Kotka
- Company form
- Limited company
- Registration date
- 2008-05-16
- Business ID registration date
- 2008-05-09
- Business status
- BANKRUPTCY
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Laihontie 14, 48700, Kotka
Website: https://etelasuomenlvi.fiSource observation
People and decision-makers
Pertti RomoHallitus: varajäsen
Tanja AaltonenPäävastuullinen tilintarkastaja
Saarinen Marko TapaniVarsinainen jäsen
About Etelä-Suomen Lvi Urakointi Oy
Financial position and key figures for the company.
Etelä-Suomen Lvi Urakointi Oy was declared bankrupt 2024-06-10. In its latest retained statement for 2022-12-31, revenue was €586,542 and operating profit was €100,816. The latest retained financial statement for 2022-12-31 shows revenue of €586,542 and profit for the financial year of €83,105. Based on the latest retained statement, revenue growth was +110.3%, operating margin was +17.2%, and equity ratio was +77.8%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2022-12-31
1
1
Combined source
Derived indicators
Revenue growth110.3%
Operating margin17.2%
Equity ratio77.8%
Balance-sheet contextLatest financial period
Other operating income€283Previous: €0
Cash and bank€66,249Previous: €9,910
Retained earnings-€1,083Previous: €44,180
Profit before taxes€34Previous: -€46,066
Equity€94,312Previous: €11,207
Liabilities€62,913Previous: €56,385
Current assets€126,073Previous: €34,475
Current liabilities€53,515Previous: €39,401
Employees4Previous: 3
Revenue trend4 periods
€366,489
2019-12-31
€359,619
2020-12-31
€278,873
2021-12-31
€586,542
2022-12-31
Operating profit (loss) trend4 periods
-€3,199
2019-12-31
€40,468
2020-12-31
-€44,944
2021-12-31
€100,816
2022-12-31
Profit (loss) for the financial year trend4 periods
-€4,240
2019-12-31
€31,994
2020-12-31
-€45,262
2021-12-31
€83,105
2022-12-31
Assets trend4 periods
€50,371
2019-12-31
€101,963
2020-12-31
€67,592
2021-12-31
€157,226
2022-12-31
Financial ratios
Financial ratios based on financial statement data. Source: Yhdistetty lähde.
Equity ratioGood
97/100 · Improving
Current ratioSatisfactory
41/100 · Improving
Operating profit marginGood
93/100 · Improving
Ratio history
| Ratio | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Equity ratio | 49.5 % | 55.4 % | 16.6 % | 77.8 % |
| Current ratio | - | - | - | 1.24x |
| Operating profit margin | -0.9 % | 11.2 % | -8.1 % | 17.2 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusBANKRUPTCY
Trade RegisterRegistered
Business ID2194978-4
EU IDFIFPRO.2194978-4
MunicipalityKotka
Current registered entries
2008-05-16Registered in Patent and Registration Office (Trade Register)
2008-05-27Registered in Tax Administration (Tax Administration)
Responsible people
Public role relationships materialized from source observations.
Saarinen Marko TapaniVarsinainen jäsenSources: 1 · Confidence: 72%
Pertti RomoHallitus: varajäsenSources: 1 · Confidence: 76%
Tanja AaltonenPäävastuullinen tilintarkastajaSources: 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
D
High riskEtelä-Suomen Lvi Urakointi Oy
Grade unchangedD · new analysis 2026-10-18
29/100
Low
Usable financial evidenceFinancial data included
Financial development has been volatile across multiple domains.
4 comparable periodsRevenueVolatile
ProfitabilityVolatile
SolvencyVolatile
LiquidityNot enough history
Same industry, size and age groupDescriptive comparison – does not change the model score.
484 peersSolvency76%
Better than 76% of peers
Profitability85%
Better than 85% of peers
Liquidity65%
Better than 65% of peers
Revenue growth98%
Better than 98% of peers
Limited evidenceBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
1 observed filings159 days after period end
159 days after period end
1 consecutive periods
Supporting factors
- Strong equity ratio
- Strong operating profitability
- A newer financial statement filing has been reported
Risk factors to note
- Parsed financial metrics are older than the newest reported filing
- Material volatility across multiple financial domains
- Elevated industry distress context
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
4 assessmentsD
2026-10-1829/100 · v0.15
D → DD
2026-09-15 22:2629/100 · v0.14
D → D- Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2022-12-31).
- Assessment confidence: Medium → Low.
- Evidence quality: Limited financial evidence → Usable financial evidence.
D
2026-09-1429/100 · v0.12
Oldest retained automatic assessment in this comparisonD
2026-10-18
open-risk-grade-v0.15
The grade is reduced because of a critical legal status such as bankruptcy or liquidation.
A serious registry signal affects this grade. Review the profile registry and notification details 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
46/100
Industry context is elevated based on normalized open statistical inputs.
Age and continuityVakiintunut
80/100
The company has about 18 years of registry continuity.
Registry and status signalsHälyttävä
0/100
Bankruptcy or liquidation status is treated as a critical legal distress signal.
Events & news
Verified events and sourced external company news in one timeline.
Risk grade updatedRisk grade
15 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.Risk grade updatedRisk gradeEvidence verified
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.Registry timeline
Trade register notifications shown on a timeline.
20 register eventsLatest event: 2024-06-10
Financial statements availability
Available financial statement periods and PRH source filings.
1 financial statement periodsLatest financial period: 2022-12-31
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
Etelä-Suomen Lvi Urakointi Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.