Risk grade updatedRisk gradeEvidence verified
21 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade C → D.Business profile
Kronowerk Oy
Kronowerk Oy's registered office is Hirsjärvi. It is a limited company. The company was established on 2020-01-17. It operates in the industry of repair and maintenance of watches, clocks and jewellery. In its latest retained statement for 2024-12-31, revenue was €127,556 and operating profit was €19,241.
Business ID 3110529-4ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 3110529-4
- Sector
- Repair and maintenance of watches, clocks and jewellery
- Municipality
- Hirsjärvi
- Company form
- Limited company
- Registration date
- 2020-01-17
- Business ID registration date
- 2020-01-12
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Ihamäentie 584, 31460, Hirsjärvi
Website: https://www.kronowerk.comSource observation
About Kronowerk Oy
Financial position and key figures for the company.
Kronowerk Oy's location municipality is Hirsjärvi. It is a limited company. The company was established on 2020-01-17. It operates in the industry of repair and maintenance of watches, clocks and jewellery. In its latest retained statement for 2024-12-31, revenue was €127,556 and operating profit was €19,241. The latest retained financial statement for 2024-12-31 shows revenue of €127,556 and profit for the financial year of €8,431. Based on the latest retained statement, revenue growth was +29.9%, operating margin was +15.1%, and equity ratio was -34.6%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2024-12-31
4
1
PRH/XBRL financial statement
Derived indicators
Revenue growth29.9%
Operating margin15.1%
Equity ratio-34.6%
Balance-sheet contextLatest financial period
Other operating income€4,588Previous: €0
Inventory€2,390Previous: €2,390
Cash and bank-€1,668Previous: €15,150
Advances received€38,964Previous: €30,375
Retained earnings-€37,155Previous: €3,614
Equity-€24,725Previous: -€33,155
Liabilities€96,268Previous: €78,661
Current assets€62,336Previous: €33,229
Current liabilities€96,268Previous: €78,661
Financial ratios
Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.
Equity ratioWeak
0/100 · Improving
Current ratioWeak
0/100 · Declining
Operating profit marginGood
86/100 · Improving
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID3110529-4
VAT IDFI31105294
EU IDFIFPRO.3110529-4
MunicipalityHirsjärvi
Current registered entries
2020-01-07VAT-liable for business activity in Tax Administration (VAT Register)
2020-01-17Registered in Tax Administration (Tax Administration)
2020-01-17Registered 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
D
High riskKronowerk Oy
Grade downgradedC → D · new analysis 2026-09-21
29/100
Medium
Usable financial evidenceFinancial data included
Same size nationallyDescriptive comparison – does not change the model score.
330 peersSolvency5%
Below 95% of peers
Profitability74%
Better than 74% of peers
Liquidity26%
Below 74% of peers
DelayedBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
4 observed filings455 days after period end
375 days after period end
2 consecutive periods
Supporting factors
- Strong operating profitability
- Active registered status
- A newer financial statement filing has been reported
Risk factors to note
- Negative equity
- Weak current ratio
- High balance-sheet leverage
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessmentsD
2026-09-21 20:2629/100 · v0.14
C → D · -10 points- Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2024-12-31).
- Evidence quality: Registry and statistical evidence → Usable financial evidence.
C
2026-09-1439/100 · v0.14
C → CC
2026-09-1439/100 · v0.13
C → C- Assessment confidence: Low → Medium.
- Evidence quality: Registry and statistical evidence → Registry and statistical evidence.
- New risk factor: Sufficient structured financial metrics are not available.
C
2026-09-1339/100 · v0.12
Oldest retained automatic assessment in this comparisonD
2026-09-21
open-risk-grade-v0.14
The grade can use open digital financial statement data together with registry signals.
A serious registry signal affects this grade. Review the profile registry and notification details 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
66/100
Industry context is medium based on normalized open statistical inputs.
Age and continuityHyvä
60/100
The company has about 6 years of registry continuity.
Registry and status signalsSeurattava
45/100
A severity-mapped registry signal 6–12 months ago remains relevant with reduced component weight.
Events & news
Verified events and sourced external company news in one timeline.
Risk grade updatedRisk gradeEvidence verified
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade C.Risk grade updatedRisk gradeEvidence verified
13 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade C.Registry timeline
Trade register notifications shown on a timeline.
11 register eventsLatest event: 2026-04-13
Financial statements availability
Available financial statement periods and PRH source filings.
4 financial statement periodsLatest financial period: 2024-12-31
Profile source and ownership
Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2026-04-13.
This company profile has not been claimed yet
Kronowerk Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.