Business profile

Finnwards Oy

Finnwards Oy was placed into liquidation 2025-07-01. In its latest retained statement for 2024-12-31, revenue was €4,412 and operating profit was -€935.

Business ID 2990498-6LIQUIDATIONUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
2990498-6
Sector
Other miscellaneous educational n.e.c.
Municipality
Kerava
Company form
Limited company
Registration date
2019-04-01
Business ID registration date
2019-03-20
Business status
LIQUIDATION
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Vesakkokuja 2, 04260, Kerava

Website: https://www.finnwards.comSource observation

About Finnwards Oy

Financial position and key figures for the company.

Finnwards Oy was placed into liquidation 2025-07-01. In its latest retained statement for 2024-12-31, revenue was €4,412 and operating profit was -€935. The latest retained financial statement for 2024-12-31 shows revenue of €4,412 and profit for the financial year of -€935. Based on the latest retained statement, revenue growth was -17.5%, operating margin was -21.2%, and equity ratio was +85.8%.

Financial highlights

Key figures from the latest financial period.

Open full statement
Latest financial period

2024-12-31

Imported periods5
PRH parsed3
Profile sourcePRH/XBRL financial statement
Derived indicators
Revenue growth-17.5%
Operating margin-21.2%
Equity ratio85.8%
Revenue€4,412-€933 (-17.5%) vs previous periodPrevious: €5,345
Operating profit (loss)-€935-€953 (-5342.8%) vs previous periodPrevious: €18
Profit (loss) for the financial year-€935+€292 (+23.8%) vs previous periodPrevious: -€1,227
Assets€8,865-€5,349 (-37.6%) vs previous periodPrevious: €14,214
Balance-sheet contextLatest financial period
Cash and bank€7,300Previous: €12,351
Retained earnings€6,042Previous: €6,509
Equity€7,607Previous: €7,782
Liabilities€1,257Previous: €6,432
Current assets€8,865Previous: €14,214
Current liabilities€1,257Previous: €6,432
Revenue trend3 periods
€9,975
2022-12-31
€5,345
2023-12-31
€4,412
2024-12-31
Operating profit (loss) trend3 periods
€4,883
2022-12-31
€18
2023-12-31
-€935
2024-12-31
Profit (loss) for the financial year trend3 periods
€3,906
2022-12-31
-€1,227
2023-12-31
-€935
2024-12-31
Assets trend3 periods
€13,097
2022-12-31
€14,214
2023-12-31
€8,865
2024-12-31

Financial ratios

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

Equity ratioGood
100/100 · Improving
85.8 %2023-12-31: 54.8 %
Current ratioGood
100/100 · Improving
5.81x2023-12-31: 1.92x
Operating profit marginWeak
0/100 · Declining
-21.2 %2023-12-31: 0.3 %
Ratio history
Ratio2022-12-312023-12-312024-12-31
Equity ratio68.8 %54.8 %85.8 %
Current ratio2.93x1.92x5.81x
Operating profit margin49.0 %0.3 %-21.2 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusLIQUIDATION
Trade RegisterRegistered
Business ID2990498-6
VAT IDFI29904986
EU IDFIFPRO.2990498-6
MunicipalityKerava
Current registered entries
2019-03-20VAT-liable for business activity in Tax Administration (VAT Register)
2019-03-20Registered in Tax Administration (Prepayment Register)
2019-04-01Registered in Tax Administration (Tax Administration)
2019-04-01Registered 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
D
High riskFinnwards Oy
Grade unchangedD · new analysis 2026-09-24
Model score29/100
Assessment confidenceHigh
Evidence qualityStrong financial evidenceFinancial data included
Financial trajectorySeveral key financial indicators have weakened across comparable fiscal periods.
3 comparable periods
RevenueDeteriorating · 2 consecutive periods
ProfitabilityDeteriorating · 2 consecutive periods
SolvencyVolatile
LiquidityVolatile
Peer comparisonSame size nationallyDescriptive comparison – does not change the model score.
128 peers
Solvency70%
Better than 70% of peers
Profitability30%
Below 70% of peers
Liquidity88%
Better than 88% of peers
Revenue growth33%
Below 67% of peers
Financial statement reporting patternMixedBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
4 observed filings
Latest registration lag127 days after period end
Typical registration lag231 days after period end
Annual continuity4 consecutive periods
Supporting factors
  • Strong equity ratio
  • Healthy short-term liquidity
  • A newer financial statement filing has been reported
Risk factors to note
  • Negative profitability or net result
  • Losses in the latest and previous available periods
  • Coordinated deterioration across 2 financial domains
Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
4 assessments
D
2026-09-24 09:3429/100 · v0.14
D → D
  • Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2024-12-31).
  • Assessment confidence: Medium → High.
  • Evidence quality: Registry and statistical evidence → Strong financial evidence.
D
2026-09-1529/100 · v0.14
D → D
  • Assessment confidence: Low → Medium.
  • Evidence quality: Registry and statistical evidence → Registry and statistical evidence.
  • New risk factor: Sufficient structured financial metrics are not available.
D
2026-09-1429/100 · v0.12
Oldest retained automatic assessment in this comparison
Automatic model gradeD
Automatic model snapshot2026-09-24
Automatic model versionopen-risk-grade-v0.14
Financial data included

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.

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 risklow
77/100

Industry context is low based on normalized open statistical inputs.

Age and continuityHyvä
60/100

The company has about 7 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 gradeEvidence verified
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.

15 register eventsLatest event: 2026-05-08

Financial statements availability

Available financial statement periods and PRH source filings.

5 financial statement periodsLatest financial period: 2024-12-31

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

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