Risk grade updatedRisk gradeEvidence verified
17 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1.Business profile
Glaston Oyj Abp
Glaston Oyj Abp's registered office is Helsingfors. It is a public limited company. The company was established on 2001-03-31. It operates in the industry of activities of holding companies. In its latest retained statement for 2025-12-31, revenue was €208,846,000 and operating profit was €4,417,000.
Business ID 1651585-0ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 1651585-0
- Sector
- Activities of holding companies
- Municipality
- Helsingfors
- Company form
- Public limited company
- Registration date
- 2001-03-31
- Business ID registration date
- 2001-03-08
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Lönnrotinkatu 11, 00120, Helsingfors
Website: https://www.glaston.netSource observation
People and decision-makers
Sebastian BondestamHallituksen jäsen
Antti KaunonenHallituksen jäsen
Arja TalmaHallituksen jäsen
About Glaston Oyj Abp
Financial position and key figures for the company.
Glaston Oyj Abp's location municipality is Helsingfors. It is a public limited company. The company was established on 2001-03-31. It operates in the industry of activities of holding companies. In its latest retained statement for 2025-12-31, revenue was €208,846,000 and operating profit was €4,417,000. The latest retained financial statement for 2025-12-31 shows revenue of €208,846,000 and profit for the financial year of €1,191,000. Based on the latest retained statement, revenue growth was -4.2%, operating margin was +2.1%, and equity ratio was +37.0%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2025-12-31
0
0
Nasdaq Helsinki / ESEF
Derived indicators
Revenue growth-4.2%
Operating margin2.1%
Equity ratio37.0%
Revenue€208,846,000-€9,099,000 (-4.2%) vs previous periodPrevious: €217,945,000
Operating profit (loss)€4,417,000-€1,370,000 (-23.7%) vs previous periodPrevious: €5,787,000
Profit (loss) for the financial year€1,191,000-€1,287,000 (-51.9%) vs previous periodPrevious: €2,478,000
Assets€172,359,000-€14,168,000 (-7.6%) vs previous periodPrevious: €186,527,000
Balance-sheet contextLatest financial period
Cash and bank€8,856,000Previous: €12,283,000
Inventory€27,975,000Previous: €37,022,000
Profit before taxes€1,902,000Previous: €3,803,000
Equity€63,839,000Previous: €66,844,000
Liabilities€108,520,000Previous: €119,682,000
Current assets€70,850,000Previous: €77,700,000
Current liabilities€68,653,000Previous: €81,813,000
Revenue trend2 periods
€217,945,000
2024-12-31
€208,846,000
2025-12-31
Operating profit (loss) trend2 periods
€5,787,000
2024-12-31
€4,417,000
2025-12-31
Profit (loss) for the financial year trend2 periods
€2,478,000
2024-12-31
€1,191,000
2025-12-31
Assets trend2 periods
€186,527,000
2024-12-31
€172,359,000
2025-12-31
Financial ratios
Financial ratios based on financial statement data. Source: Nasdaq Helsinki / ESEF.
Equity ratioSatisfactory
46/100 · Improving
Current ratioPassable
18/100 · Declining
Operating profit marginPassable
55/100 · Declining
Ratio history
| Ratio | 2024-12-31 | 2025-12-31 |
|---|---|---|
| Equity ratio | 35.8 % | 37.0 % |
| Current ratio | 0.60x | 0.54x |
| Operating profit margin | 2.7 % | 2.1 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID1651585-0
VAT IDFI16515850
EU IDFIFPRO.1651585-0
MunicipalityHelsingfors
Current registered entries
2001-03-08Registered in Tax Administration (Tax Administration)
2001-03-31Registered in Tax Administration (Employer Register)
2001-03-31VAT-obliged for the transfer of rights to use immovable property in Tax Administration (VAT Register)
2001-03-31VAT-liable for business activity in Tax Administration (VAT Register)
2001-03-31Registered in Tax Administration (Prepayment Register)
2001-03-31Registered in Patent and Registration Office (Trade Register)
Responsible people
Public role relationships materialized from source observations.
Sebastian BondestamHallituksen jäsenSources: 1 · Confidence: 99%
Antti KaunonenHallituksen jäsenSources: 1 · Confidence: 99%
Arja TalmaHallituksen jäsenSources: 1 · Confidence: 99%
Michael WillomeHallituksen jäsenSources: 1 · Confidence: 99%
Sandra WickströmHallituksen jäsenSources: 1 · Confidence: 99%
Veli-Matti ReinikkalaHallituksen jäsenSources: 1 · Confidence: 99%
Tina WuHallituksen jäsenSources: 1 · Confidence: 99%
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
StableGlaston Oyj Abp
Grade unchangedB1 · new analysis 2026-10-17
68/100
High
Strong financial evidenceFinancial data included
Financial development is mostly stable or mixed.
2 comparable periodsRevenueStable
ProfitabilityStable
SolvencyStable
LiquidityStable
National Tier 1 comparisonDescriptive comparison – does not change the model score.
765 peersSolvency42%
Below 58% of peers
Profitability48%
Close to the peer-group midpoint
Liquidity54%
Close to the peer-group midpoint
Revenue growth28%
Below 72% of peers
Supporting factors
- Company context reduces the weight of an isolated financial signal
- Active registered status
- Long registry continuity
Risk factors to note
- Weak current ratio
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
3 assessmentsB1
2026-10-1768/100 · v0.15
B1 → B1B1
2026-10-1568/100 · v0.14
A2 → B1 · -13 points- Revenue: Not enough history → Stable
- Profitability: Not enough history → Stable
- Solvency: Not enough history → Stable
A2
2026-09-2481/100 · v0.14
Oldest retained automatic assessment in this comparisonB1
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 risklow
80/100
Industry context is low based on normalized open statistical inputs.
Age and continuityVakiintunut
90/100
The company has about 25 years of registry continuity.
Registry and status signalsVakaa
86/100
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
15 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade A2 → B1.Glaston Oyj Abp:n nimitystoimikunnan kokoonpanoNews
28 Sept 2026 · OAM.fi · 2 source documentsOpen original sourceMembers of Glaston Corporation's Nomination BoardNews
28 Sept 2026 · OAM.fiOpen original sourceRisk grade updatedRisk gradeEvidence verified
24 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade A2.Registry timeline
Trade register notifications shown on a timeline.
51 register eventsLatest event: 2026-07-07
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
Glaston Oyj Abp shows public core facts. A company representative can claim the profile, update public information, and access owner tools.