Risk grade updatedRisk gradeEvidence verified
17 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B3.Business profile
Ilmar Watches Oy
Ilmar Watches Oy's registered office is Helsingfors. It is a limited company. The company was established on 2015-08-05. It operates in the industry of manufacture of watches and clocks.
Business ID 2702303-4ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 2702303-4
- Sector
- Manufacture of watches and clocks
- Municipality
- Helsingfors
- Company form
- Limited company
- Registration date
- 2015-08-05
- Business ID registration date
- 2015-07-28
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Alppikatu 23 D 84, 00530, Helsingfors
Website: https://www.ilmarwatches.comSource observation
About Ilmar Watches Oy
Financial position and key figures for the company.
Ilmar Watches Oy's location municipality is Helsingfors. It is a limited company. The company was established on 2015-08-05. It operates in the industry of manufacture of watches and clocks. Based on the latest retained statement, revenue growth was not currently available, operating margin was not currently available, and equity ratio was -30.1%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2023-12-31
3
2
PRH/XBRL financial statement
Derived indicators
Equity ratio-30.1%
Balance-sheet contextLatest financial period
Inventory€2,565Previous: €2,565
Cash and bank€5,215Previous: €5,855
Retained earnings-€4,043Previous: -€3,336
Equity-€2,534Previous: -€1,543
Liabilities€10,955Previous: €10,638
Current assets€7,859Previous: €8,420
Current liabilities€374Previous: €56
Operating profit (loss) trend2 periods
-€670
2022-12-31
-€982
2023-12-31
Profit (loss) for the financial year trend2 periods
-€706
2022-12-31
-€991
2023-12-31
Assets trend2 periods
€9,095
2022-12-31
€8,422
2023-12-31
Financial ratios
Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.
Equity ratioWeak
0/100 · Declining
Current ratioGood
100/100 · Declining
Operating profit marginNot assessable
0/100 · Trend unavailable
Ratio history
| Ratio | 2022-12-31 | 2023-12-31 |
|---|---|---|
| Equity ratio | -17.0 % | -30.1 % |
| Current ratio | 149.80x | 20.81x |
| Operating profit margin | - | - |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID2702303-4
VAT IDFI27023034
EU IDFIFPRO.2702303-4
MunicipalityHelsingfors
Current registered entries
2015-07-09VAT-liable for business activity in Tax Administration (VAT Register)
2015-07-28Registered in Tax Administration (Prepayment Register)
2015-08-05Registered in Tax Administration (Tax Administration)
2015-08-05Registered 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
MonitorIlmar Watches Oy
Grade unchangedB3 · new analysis 2026-10-17
42/100
Low
Usable financial evidenceFinancial data included
Several key financial indicators have weakened across comparable fiscal periods.
3 comparable periodsRevenueNot enough history
ProfitabilityNot enough history
Same size nationallyDescriptive comparison – does not change the model score.
674 peersSolvency10%
Below 90% of peers
Liquidity86%
Better than 86% of peers
RegularBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
3 observed filings122 days after period end
122 days after period end
3 consecutive periods
Supporting factors
- Healthy short-term liquidity
- Active registered status
- A newer financial statement filing has been reported
Risk factors to note
- Negative equity
- Parsed financial metrics are older than the newest reported filing
- Negative profitability or net result
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessmentsB3
2026-10-1742/100 · v0.15
B3 → B3B3
2026-10-02 16:1742/100 · v0.14
B1 → B3 · -23 points- Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2023-12-31).
- Assessment confidence: Medium → Low.
- Evidence quality: Registry and statistical evidence → Usable financial evidence.
B1
2026-09-1565/100 · v0.14
B2 → B1 · +6 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.
B2
2026-09-1459/100 · v0.12
Oldest retained automatic assessment in this comparisonB3
2026-10-17
open-risk-grade-v0.15
The grade can use open digital financial statement data together with registry signals.
A serious financial risk signal affects this grade. Review the profile financial indicators as well.
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
50/100
Industry context is medium based on normalized open statistical inputs.
Age and continuityVakiintunut
80/100
The company has about 11 years of registry continuity.
Registry and status signalsSeurattava
70/100
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
2 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1 → B3.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 B2.Registry timeline
Trade register notifications shown on a timeline.
13 register eventsLatest event: 2025-07-17
Financial statements availability
Available financial statement periods and PRH source filings.
3 financial statement periodsLatest financial period: 2023-12-31
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
Ilmar Watches Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.