Business profile

Kolari Works Oy

Kolari Works Oy's registered office is Varkaus. It is a limited company. The company was established on 2022-01-27. It operates in the industry of other miscellaneous specialised construction activities n.e.c.. In its latest retained statement for 2025-12-31, revenue was €180,335 and operating profit was €59,429.

Claim profileContact details
Business ID 3261729-1ValidUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
3261729-1
Sector
Other miscellaneous specialised construction activities n.e.c.
Municipality
Varkaus
Company form
Limited company
Registration date
2022-01-27
Business ID registration date
2022-01-18
Business status
Valid
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Kivipurontie 36-40, 78250, Varkaus

Postal address: Multniemenranta 18, 78300, Varkaus

About Kolari Works Oy

Financial position and key figures for the company.

Kolari Works Oy's location municipality is Varkaus. It is a limited company. The company was established on 2022-01-27. It operates in the industry of other miscellaneous specialised construction activities n.e.c.. In its latest retained statement for 2025-12-31, revenue was €180,335 and operating profit was €59,429. The latest retained financial statement for 2025-12-31 shows revenue of €180,335 and profit for the financial year of €48,787. Based on the latest retained statement, revenue growth was -45.8%, operating margin was +33.0%, and equity ratio was +26.0%.

Financial highlights

Key figures from the latest financial period.

Open full statement
Latest financial period

2025-12-31

Imported periods3
PRH parsed2
Profile sourcePRH/XBRL financial statement
Derived indicators
Revenue growth-45.8%
Operating margin33.0%
Equity ratio26.0%
Revenue€180,335-€152,573 (-45.8%) vs previous periodPrevious: €332,908
Operating profit (loss)€59,429+€72,897 (+541.2%) vs previous periodPrevious: -€13,469
Profit (loss) for the financial year€48,787+€66,053 (+382.6%) vs previous periodPrevious: -€17,266
Assets€85,050+€6,085 (+7.7%) vs previous periodPrevious: €78,965
Balance-sheet contextLatest financial period
Inventory€3,600Previous: €1,400
Cash and bank€354Previous: €6,480
Retained earnings-€26,658Previous: -€9,393
Equity€22,129Previous: €1,342
Liabilities€62,921Previous: €77,623
Current assets€44,901Previous: €31,779
Current liabilities€53,422Previous: €57,626
Revenue trend2 periods
€332,908
2024-12-31
€180,335
2025-12-31
Operating profit (loss) trend2 periods
-€13,469
2024-12-31
€59,429
2025-12-31
Profit (loss) for the financial year trend2 periods
-€17,266
2024-12-31
€48,787
2025-12-31
Assets trend2 periods
€78,965
2024-12-31
€85,050
2025-12-31

Financial ratios

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

Equity ratioPassable
33/100 · Improving
26.0 %2024-12-31: 1.7 %
Current ratioWeak
2/100 · Declining
0.07x2024-12-31: 0.14x
Operating profit marginGood
100/100 · Improving
33.0 %2024-12-31: -4.0 %
Ratio history
Ratio2024-12-312025-12-31
Equity ratio1.7 %26.0 %
Current ratio0.14x0.07x
Operating profit margin-4.0 %33.0 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusValid
Trade RegisterRegistered
Business ID3261729-1
VAT IDFI32617291
EU IDFIFPRO.3261729-1
MunicipalityVarkaus
Current registered entries
2022-01-27Registered in Patent and Registration Office (Trade Register)
2022-01-28Registered in Tax Administration (Tax Administration)
2022-02-07VAT-liable for business activity in Tax Administration (VAT Register)
2022-02-07Registered 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
SatisfactoryKolari Works Oy
Grade unchangedB2 · new analysis 2026-10-17
Model score56/100
Assessment confidenceHigh
Evidence qualityStrong financial evidenceFinancial data included
Financial trajectoryFinancial development is mostly stable or mixed.
3 comparable periods
RevenueDeteriorating
ProfitabilityImproving
SolvencyImproving
LiquidityStable
Peer comparisonSame industry, size and age groupDescriptive comparison – does not change the model score.
153 peers
Solvency42%
Below 58% of peers
Profitability94%
Better than 94% of peers
Liquidity25%
Below 75% of peers
Revenue growth4%
Below 96% of peers
Financial statement reporting patternMixedBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
3 observed filings
Latest registration lag170 days after period end
Typical registration lag245 days after period end
Annual continuity3 consecutive periods
Supporting factors
  • Strong operating profitability
  • Active registered status
Risk factors to note
  • Weak current ratio
  • Sharp year-over-year revenue drop
  • Elevated industry distress context
Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessments
B2
2026-10-1756/100 · v0.15
B2 → B2
B2
2026-10-02 06:5956/100 · v0.14
B3 → B2 · +14 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.
B3
2026-09-1542/100 · v0.14
B2 → B3 · -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.
B2
2026-09-1450/100 · v0.12
Oldest retained automatic assessment in this comparison
Automatic model gradeB2
Automatic model snapshot2026-10-17
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
26/100

Industry context is high based on normalized open statistical inputs.

Age and continuityNuori
35/100

The company has about 4 years of registry continuity.

Registry and status signalsRajallinen
52/100

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
17 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B2.
Risk grade updatedRisk gradeEvidence verified
2 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B3 → B2.
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.

7 register eventsLatest event: 2025-09-02

Financial statements availability

Available financial statement periods and PRH source filings.

3 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 2026-01-26.

This company profile has not been claimed yet

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