Business profile

H. Tiivas Palvelut OY

H. Tiivas Palvelut OY's registered office is Kotka. It is a limited company. The company was established on 2023-12-27. It operates in the industry of construction of residential and non-residential buildings. In its latest retained statement for 2025-12-31, revenue was €70,054 and operating profit was -€1,703.

Claim profileContact details
Business ID 3410693-8ValidUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
3410693-8
Sector
Construction of residential and non-residential buildings
Municipality
Kotka
Company form
Limited company
Registration date
2023-12-27
Business ID registration date
2023-12-06
Business status
Valid
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Oikarinkulma 8, 48400, Kotka

Phone: +358406717665Source observation

Email: [email protected]Source observation

People and decision-makers

Tiivas HerkkiVarsinainen jäsen
Tiivas HelenVarajäsen

About H. Tiivas Palvelut OY

Financial position and key figures for the company.

H. Tiivas Palvelut OY's location municipality is Kotka. It is a limited company. The company was established on 2023-12-27. It operates in the industry of construction of residential and non-residential buildings. In its latest retained statement for 2025-12-31, revenue was €70,054 and operating profit was -€1,703. The latest retained financial statement for 2025-12-31 shows revenue of €70,054 and profit for the financial year of -€1,730. Based on the latest retained statement, revenue growth was -5.0%, operating margin was -2.4%, and equity ratio was +52.3%.

Financial highlights

Key figures from the latest financial period.

Open full statement
Latest financial period

2025-12-31

Imported periods2
PRH parsed2
Profile sourceCombined source
Derived indicators
Revenue growth-5.0%
Operating margin-2.4%
Equity ratio52.3%
Revenue€70,054-€3,664 (-5.0%) vs previous periodPrevious: €73,719
Operating profit (loss)-€1,703-€5,839 (-141.2%) vs previous periodPrevious: €4,136
Profit (loss) for the financial year-€1,730-€5,011 (-152.7%) vs previous periodPrevious: €3,281
Assets€2,965-€2,450 (-45.2%) vs previous periodPrevious: €5,416
Balance-sheet contextLatest financial period
Cash and bank€271Previous: €3,944
Retained earnings€3,281Previous: €0
Profit before taxes-€1,717Previous: €4,100
Equity€1,551Previous: €3,281
Liabilities€1,415Previous: €2,135
Current assets€2,965Previous: €4,642
Current liabilities€1,415Previous: €2,135
Employees1Previous: 1
Revenue trend2 periods
€73,719
2024-12-31
€70,054
2025-12-31
Operating profit (loss) trend2 periods
€4,136
2024-12-31
-€1,703
2025-12-31
Profit (loss) for the financial year trend2 periods
€3,281
2024-12-31
-€1,730
2025-12-31
Assets trend2 periods
€5,416
2024-12-31
€2,965
2025-12-31

Financial ratios

Financial ratios based on financial statement data. Source: Yhdistetty lähde.

Equity ratioGood
65/100 · Declining
52.3 %2024-12-31: 60.6 %
Current ratioWeak
6/100 · Declining
0.19x2024-12-31: 1.85x
Operating profit marginWeak
44/100 · Declining
-2.4 %2024-12-31: 5.6 %
Ratio history
Ratio2024-12-312025-12-31
Equity ratio60.6 %52.3 %
Current ratio1.85x0.19x
Operating profit margin5.6 %-2.4 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusValid
Trade RegisterRegistered
Business ID3410693-8
VAT IDFI34106938
EU IDFIFPRO.3410693-8
MunicipalityKotka
Current registered entries
2023-12-06VAT-liable for business activity in Tax Administration (VAT Register)
2023-12-06Registered in Tax Administration (Prepayment Register)
2023-12-27Registered in Tax Administration (Tax Administration)
2023-12-27Registered in Patent and Registration Office (Trade Register)

Responsible people

Public role relationships materialized from source observations.

Tiivas HerkkiVarsinainen jäsenSources: 4 · Confidence: 78%
Tiivas HelenVarajäsenSources: 2 · Confidence: 78%

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
B3
MonitorH. Tiivas Palvelut OY
Grade unchangedB3 · new analysis 2026-10-18
Model score46/100
Assessment confidenceHigh
Evidence qualityStrong financial evidenceFinancial data included
Financial trajectorySeveral key financial indicators have weakened across comparable fiscal periods.
2 comparable periods
RevenueStable
ProfitabilityDeteriorating
SolvencyDeteriorating
LiquidityDeteriorating
Peer comparisonSame industry and sizeDescriptive comparison – does not change the model score.
246 peers
Solvency49%
Close to the peer-group midpoint
Profitability34%
Below 66% of peers
Liquidity49%
Close to the peer-group midpoint
Revenue growth43%
Below 57% 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.
2 observed filings
Latest registration lag90 days after period end
Typical registration lag88 days after period end
Annual continuity2 consecutive periods
Supporting factors
  • Strong equity ratio
  • Active registered status
  • A newer financial statement filing has been reported
Risk factors to note
  • Weak current ratio
  • Negative profitability or net result
  • Coordinated deterioration across 3 financial domains
Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessments
B3
2026-10-1846/100 · v0.15
B3 → B3
B3
2026-10-16 01:2246/100 · v0.14
B3 → B3 · -2 points
  • Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2025-12-31).
  • Assessment confidence: Medium → High.
  • Evidence quality: Usable financial evidence → Strong financial evidence.
B3
2026-09-1548/100 · v0.14
B2 → B3 · -3 points
  • Revenue: Stable
  • Profitability: Deteriorating
  • Solvency: Deteriorating
B2
2026-09-1451/100 · v0.12
Oldest retained automatic assessment in this comparison
Automatic model gradeB3
Automatic model snapshot2026-10-18
Automatic model versionopen-risk-grade-v0.15
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 riskhigh
25/100

Industry context is high based on normalized open statistical inputs.

Age and continuityNuori
15/100

The company has about 2 years of registry continuity.

Registry and status signalsRajallinen
42/100

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
18 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B3.
Risk grade updatedRisk gradeEvidence verified
15 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B3.
Risk grade updatedRisk gradeEvidence verified
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2.

Registry timeline

Trade register notifications shown on a timeline.

4 register eventsLatest event: 2026-03-31

Financial statements availability

Available financial statement periods and PRH source filings.

2 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

H. Tiivas Palvelut OY shows public core facts. A company representative can claim the profile, update public information, and access owner tools.