Risk grade updatedRisk gradeEvidence verified
29 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1 → A2.Business profile
Latvatek Oy
Latvatek Oy's registered office is Vanda. It is a limited company. The company was established on 1997-06-04. It operates in the industry of retail sale of electrical household appliances. In its latest retained statement for 2025-09-30, revenue was €480,205 and operating profit was €118,447.
Business ID 1085380-8ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 1085380-8
- Sector
- Retail sale of electrical household appliances
- Municipality
- Vanda
- Company form
- Limited company
- Registration date
- 1997-06-04
- Business ID registration date
- 1997-04-29
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Kivikkotie 48, 01390, Vanda
About Latvatek Oy
Financial position and key figures for the company.
Latvatek Oy's location municipality is Vanda. It is a limited company. The company was established on 1997-06-04. It operates in the industry of retail sale of electrical household appliances. In its latest retained statement for 2025-09-30, revenue was €480,205 and operating profit was €118,447. The latest retained financial statement for 2025-09-30 shows revenue of €480,205 and profit for the financial year of €95,917. Based on the latest retained statement, revenue growth was -4.5%, operating margin was +24.7%, and equity ratio was +83.4%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2025-09-30
2
1
PRH/XBRL financial statement
Derived indicators
Revenue growth-4.5%
Operating margin24.7%
Equity ratio83.4%
Balance-sheet contextLatest financial period
Inventory€3,801Previous: €6,311
Cash and bank€299,275Previous: €244,052
Retained earnings€389,563Previous: €313,896
Equity€493,480Previous: €432,134
Liabilities€98,269Previous: €94,972
Current assets€486,097Previous: €413,636
Current liabilities€98,269Previous: €94,972
Financial ratios
Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.
Equity ratioGood
100/100 · Improving
Current ratioGood
100/100 · Improving
Operating profit marginGood
100/100 · Improving
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID1085380-8
VAT IDFI10853808
EU IDFIFPRO.1085380-8
MunicipalityVanda
Current registered entries
1997-04-29Registered in Tax Administration (Tax Administration)
1997-05-01VAT-liable for business activity in Tax Administration (VAT Register)
1997-05-01Registered in Tax Administration (Prepayment Register)
1997-06-04Registered in Patent and Registration Office (Trade Register)
1998-03-01Registered in Tax Administration (Employer 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
A2
Very goodLatvatek Oy
Grade unchangedA2 · new analysis 2026-10-17
83/100
Medium
Usable financial evidenceFinancial data included
Same industry, size and age groupDescriptive comparison – does not change the model score.
50 peersSolvency82%
Better than 82% of peers
Profitability94%
Better than 94% of peers
Liquidity78%
Better than 78% of peers
MixedBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
2 observed filings254 days after period end
227 days after period end
2 consecutive periods
Supporting factors
- Strong equity ratio
- Strong operating profitability
- Healthy short-term liquidity
Risk factors to note
- Elevated industry distress context
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessmentsA2
2026-10-1783/100 · v0.15
A2 → A2A2
2026-09-29 19:2683/100 · v0.14
B1 → A2 · +20 points- Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2025-09-30).
- Evidence quality: Registry and statistical evidence → Usable financial evidence.
B1
2026-09-1563/100 · v0.14
B2 → B1 · +4 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 comparisonA2
2026-10-17
open-risk-grade-v0.15
The grade can use open digital financial statement data together with registry signals.
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
39/100
Industry context is elevated based on normalized open statistical inputs.
Age and continuityVakiintunut
90/100
The company has about 29 years of registry continuity.
Registry and status signalsVakaa
81/100
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
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.
18 register eventsLatest event: 2026-06-11
Financial statements availability
Available financial statement periods and PRH source filings.
2 financial statement periodsLatest financial period: 2025-09-30
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
Latvatek Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.