Business profile

Flex-EL Heating Oy

Flex-EL Heating Oy's registered office is Kämmenniemi. It is a limited company. The company was established on 2005-06-10. It operates in the industry of engineering design and technical consultancy incidental to heating, plumbing and air-conditioning. In its latest retained statement for 2025-12-31, revenue was €60,845 and operating profit was €30,222.

Business ID 1966318-9ValidUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
1966318-9
Sector
Engineering design and technical consultancy incidental to heating, plumbing and air-conditioning
Municipality
Kämmenniemi
Company form
Limited company
Registration date
2005-06-10
Business ID registration date
2005-05-19
Business status
Valid
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Kämmenniemenkatu 46 B, 34240, Kämmenniemi

Postal address: Kämmenniemenkatu 46, 34240, Kämmenniemi

About Flex-EL Heating Oy

Financial position and key figures for the company.

Flex-EL Heating Oy's location municipality is Kämmenniemi. It is a limited company. The company was established on 2005-06-10. It operates in the industry of engineering design and technical consultancy incidental to heating, plumbing and air-conditioning. In its latest retained statement for 2025-12-31, revenue was €60,845 and operating profit was €30,222. The latest retained financial statement for 2025-12-31 shows revenue of €60,845 and profit for the financial year of €989. Based on the latest retained statement, revenue growth was +33.4%, operating margin was +49.7%, and equity ratio was -244.0%.

Financial highlights

Key figures from the latest financial period.

Open full statement
Latest financial period

2025-12-31

Imported periods4
PRH parsed2
Profile sourcePRH/XBRL financial statement
Derived indicators
Revenue growth33.4%
Operating margin49.7%
Equity ratio-244.0%
Revenue€60,845+€15,240 (+33.4%) vs previous periodPrevious: €45,606
Operating profit (loss)€30,222+€13,829 (+84.4%) vs previous periodPrevious: €16,392
Profit (loss) for the financial year€989-€1,109 (-52.9%) vs previous periodPrevious: €2,098
Assets€20,104+€7,329 (+57.4%) vs previous periodPrevious: €12,775
Balance-sheet contextLatest financial period
Inventory€10,059Previous: €6,707
Cash and bank€1,301Previous: €1,302
Retained earnings-€58,052Previous: -€60,150
Equity-€49,063Previous: -€50,052
Liabilities€69,167Previous: €62,827
Current assets€20,104Previous: €12,775
Current liabilities€34,386Previous: €28,396
Revenue trend2 periods
€45,606
2024-12-31
€60,845
2025-12-31
Operating profit (loss) trend2 periods
€16,392
2024-12-31
€30,222
2025-12-31
Profit (loss) for the financial year trend2 periods
€2,098
2024-12-31
€989
2025-12-31
Assets trend2 periods
€12,775
2024-12-31
€20,104
2025-12-31

Financial ratios

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

Equity ratioWeak
0/100 · Improving
-244.1 %2024-12-31: -391.8 %
Current ratioWeak
11/100 · Improving
0.33x2024-12-31: 0.28x
Operating profit marginGood
100/100 · Improving
49.7 %2024-12-31: 35.9 %
Ratio history
Ratio2024-12-312025-12-31
Equity ratio-391.8 %-244.1 %
Current ratio0.28x0.33x
Operating profit margin35.9 %49.7 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusValid
Trade RegisterRegistered
Business ID1966318-9
VAT IDFI19663189
EU IDFIFPRO.1966318-9
MunicipalityKämmenniemi
Current registered entries
2005-05-01VAT-liable for business activity in Tax Administration (VAT Register)
2005-06-06Registered in Tax Administration (Tax Administration)
2005-06-10Registered in Patent and Registration Office (Trade Register)
2014-12-15Registered in Tax Administration (Prepayment 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
SatisfactoryFlex-EL Heating Oy
Grade downgradedB1 → B2 · new analysis 2026-09-26
Model score56/100
Assessment confidenceHigh
Evidence qualityStrong financial evidenceFinancial data included
Financial trajectoryFinancial development is mostly stable or mixed.
3 comparable periods
RevenueImproving
ProfitabilityImproving
SolvencyImproving
LiquidityStable
Peer comparisonSame size nationallyDescriptive comparison – does not change the model score.
476 peers
Solvency7%
Below 93% of peers
Profitability89%
Better than 89% of peers
Liquidity51%
Close to the peer-group midpoint
Revenue growth87%
Better than 87% of peers
Financial statement reporting patternRegularBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
4 observed filings
Latest registration lag183 days after period end
Typical registration lag148 days after period end
Annual continuity4 consecutive periods
Supporting factors
  • Strong operating profitability
  • Company context reduces the weight of an isolated financial signal
  • Active registered status
Risk factors to note
  • Negative equity
  • Weak current ratio
  • High balance-sheet leverage
Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
4 assessments
B2
2026-09-26 02:5056/100 · v0.14
B1 → B2 · -13 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.
B1
2026-09-1569/100 · v0.14
B1 → B1 · +8 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
2026-09-1461/100 · v0.12
Oldest retained automatic assessment in this comparison
Automatic model gradeB2
Automatic model snapshot2026-09-26
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 riskmedium
62/100

Industry context is medium based on normalized open statistical inputs.

Age and continuityVakiintunut
80/100

The company has about 21 years of registry continuity.

Registry and status signalsVakaa
84/100

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

Registry timeline

Trade register notifications shown on a timeline.

18 register eventsLatest event: 2026-07-02

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 2025-12-31.

This company profile has not been claimed yet

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