Business profile

HS-Elec Oy

HS-Elec Oy's registered office is Jakobstad. It is a limited company. The company was established on 2004-02-05. It operates in the industry of electrical installation. In its latest retained statement for 2025-05-31, revenue was €4,904 and operating profit was -€2,363.

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Business ID 1874722-5ValidUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
1874722-5
Sector
Electrical installation
Municipality
Jakobstad
Company form
Limited company
Registration date
2004-02-05
Business ID registration date
2004-01-19
Business status
Valid
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Kristiinankatu 20, 68600, Jakobstad

About HS-Elec Oy

Financial position and key figures for the company.

HS-Elec Oy's location municipality is Jakobstad. It is a limited company. The company was established on 2004-02-05. It operates in the industry of electrical installation. In its latest retained statement for 2025-05-31, revenue was €4,904 and operating profit was -€2,363. The latest retained financial statement for 2025-05-31 shows revenue of €4,904 and profit for the financial year of -€3,913. Based on the latest retained statement, revenue growth was -48.8%, operating margin was -48.2%, and equity ratio was +38.3%.

Financial highlights

Key figures from the latest financial period.

Open full statement
Latest financial period

2025-05-31

Imported periods7
PRH parsed7
Profile sourcePRH/XBRL financial statement
Derived indicators
Revenue growth-48.8%
Operating margin-48.2%
Equity ratio38.3%
Revenue€4,904-€4,668 (-48.8%) vs previous periodPrevious: €9,572
Operating profit (loss)-€2,363+€2,805 (+54.3%) vs previous periodPrevious: -€5,169
Profit (loss) for the financial year-€3,913+€1,583 (+28.8%) vs previous periodPrevious: -€5,497
Assets€57,482-€4,153 (-6.7%) vs previous periodPrevious: €61,636
Balance-sheet contextLatest financial period
Other operating income€6,423Previous: €6,461
Inventory€0Previous: €3,659
Cash and bank€2Previous: €445
Retained earnings€17,950Previous: €25,697
Equity€22,037Previous: €28,200
Liabilities€35,445Previous: €33,435
Current assets€2Previous: €4,156
Current liabilities€5,831Previous: €0
Revenue trend7 periods
€11,518
2019-05-31
€161,366
2020-05-31
€84,708
2021-05-31
€51,626
2022-05-31
€19,260
2023-05-31
€9,572
2024-05-31
€4,904
2025-05-31
Operating profit (loss) trend7 periods
€2,870
2019-05-31
€88,334
2020-05-31
-€14,762
2021-05-31
-€28,993
2022-05-31
€1,257
2023-05-31
-€5,169
2024-05-31
-€2,363
2025-05-31
Profit (loss) for the financial year trend7 periods
€1,013
2019-05-31
€70,662
2020-05-31
€6,381
2021-05-31
-€32,917
2022-05-31
€569
2023-05-31
-€5,497
2024-05-31
-€3,913
2025-05-31
Assets trend7 periods
€71,329
2019-05-31
€151,374
2020-05-31
€132,239
2021-05-31
€85,047
2022-05-31
€75,794
2023-05-31
€61,636
2024-05-31
€57,482
2025-05-31

Financial ratios

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

Equity ratioSatisfactory
48/100 · Declining
38.3 %2024-05-31: 45.8 %
Current ratioWeak
0/100 · Declining
0.00x2021-05-31: 1.90x
Operating profit marginWeak
0/100 · Improving
-20.9 %2024-05-31: -32.2 %
Ratio history
Ratio2019-05-312020-05-312021-05-312022-05-312023-05-312024-05-312025-05-31
Equity ratio9.0 %50.9 %62.8 %51.7 %50.8 %45.8 %38.3 %
Current ratio0.16x0.10x1.90x---0.00x
Operating profit margin16.7 %52.6 %-16.1 %-49.6 %4.7 %-32.2 %-20.9 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusValid
Trade RegisterRegistered
Business ID1874722-5
EU IDFIFPRO.1874722-5
MunicipalityJakobstad
Current registered entries
2004-01-23Registered in Tax Administration (Tax Administration)
2004-02-01Registered in Tax Administration (Prepayment Register)
2004-02-05Registered 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
B3
MonitorHS-Elec Oy
Grade unchangedB3 · new analysis 2026-11-03
Model score42/100
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
ProfitabilityVolatile
SolvencyDeteriorating · 2 consecutive periods
LiquidityNot enough history
Peer comparisonSame industry, size and age groupDescriptive comparison – does not change the model score.
33 peers
Solvency30%
Below 70% of peers
Profitability27%
Below 73% of peers
Liquidity26%
Below 74% of peers
Revenue growth21%
Below 79% 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 lag158 days after period end
Typical registration lag121 days after period end
Annual continuity4 consecutive periods
Supporting factors
  • Company context reduces the weight of an isolated financial signal
  • Active registered status
  • A newer financial statement filing has been reported
Risk factors to note
  • Weak current ratio
  • Negative profitability or net result
  • Losses in the latest and previous available periods
Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
6 assessments
B3
2026-11-0342/100 · v0.15
B3 → B3
B3
2026-11-01 11:2342/100 · v0.15
B2 → B3 · -9 points
  • Evidence strengthened: another PRH/XBRL statement was added to the financial series (2025-05-31).
  • Assessment confidence: Medium → High.
  • Evidence quality: Usable financial evidence → Strong financial evidence.
B2
2026-10-1751/100 · v0.15
B2 → B2
B2
2026-09-18 00:3851/100 · v0.14
B2 → B2 · -7 points
  • Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2025-05-31).
  • Evidence quality: Registry and statistical evidence → Usable financial evidence.
Automatic model gradeB3
Automatic model snapshot2026-11-03
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 riskelevated
38/100

Industry context is elevated based on normalized open statistical inputs.

Age and continuityVakiintunut
80/100

The company has about 22 years of registry continuity.

Registry and status signalsSeurattava
64/100

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
1 Nov 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2 → B3.
Risk grade updatedRisk gradeEvidence verified
17 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2.
Risk grade updatedRisk gradeEvidence verified
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2.

Registry timeline

Trade register notifications shown on a timeline.

14 register eventsLatest event: 2025-11-05

Financial statements availability

Available financial statement periods and PRH source filings.

7 financial statement periodsLatest financial period: 2025-05-31

Profile source and ownership

Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2026-04-03.

This company profile has not been claimed yet

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