Risk grade updatedRisk gradeEvidence verified
18 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade C.Business profile
Mustang Helicopters Oy
Mustang Helicopters Oy's registered office is Iittala. It is a limited company. The company was established on 2019-03-21. It operates in the industry of non-scheduled passenger air transport. In its latest retained statement for 2025-05-31, revenue was €1,056,994 and operating profit was €29,695.
Business ID 2986258-7ValidUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 2986258-7
- Sector
- Non-scheduled passenger air transport
- Municipality
- Iittala
- Company form
- Limited company
- Registration date
- 2019-03-21
- Business ID registration date
- 2019-02-27
- Business status
- Valid
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Jeryntie 42, 14500, Iittala
Website: https://www.mustanghelicopters.fiSource observation
About Mustang Helicopters Oy
Financial position and key figures for the company.
Mustang Helicopters Oy's location municipality is Iittala. It is a limited company. The company was established on 2019-03-21. It operates in the industry of non-scheduled passenger air transport. In its latest retained statement for 2025-05-31, revenue was €1,056,994 and operating profit was €29,695. The latest retained financial statement for 2025-05-31 shows revenue of €1,056,994 and profit for the financial year of -€14,770. Based on the latest retained statement, revenue growth was +17.9%, operating margin was +2.8%, and equity ratio was -99.3%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2025-05-31
3
2
PRH/XBRL financial statement
Derived indicators
Revenue growth17.9%
Operating margin2.8%
Equity ratio-99.3%
Balance-sheet contextLatest financial period
Cash and bank€53,089Previous: €19,507
Retained earnings-€442,533Previous: -€362,310
Equity-€173,303Previous: -€158,533
Liabilities€347,782Previous: €273,138
Current assets€174,479Previous: €114,604
Current liabilities€337,505Previous: €273,138
Revenue trend2 periods
€896,696
2024-05-31
€1,056,994
2025-05-31
Operating profit (loss) trend2 periods
-€71,340
2024-05-31
€29,695
2025-05-31
Profit (loss) for the financial year trend2 periods
-€80,224
2024-05-31
-€14,770
2025-05-31
Assets trend2 periods
€114,604
2024-05-31
€174,479
2025-05-31
Financial ratios
Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.
Equity ratioWeak
0/100 · Improving
Current ratioWeak
5/100 · Improving
Operating profit marginPassable
57/100 · Improving
Ratio history
| Ratio | 2024-05-31 | 2025-05-31 |
|---|---|---|
| Equity ratio | -138.3 % | -99.3 % |
| Current ratio | 0.07x | 0.16x |
| Operating profit margin | -8.0 % | 2.8 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusValid
Trade RegisterRegistered
Business ID2986258-7
VAT IDFI29862587
EU IDFIFPRO.2986258-7
MunicipalityIittala
Current registered entries
2019-03-01Registered in Tax Administration (Employer Register)
2019-03-01VAT-liable for business activity in Tax Administration (VAT Register)
2019-03-01Registered in Tax Administration (Prepayment Register)
2019-03-21Registered in Tax Administration (Tax Administration)
2019-03-21Registered 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
C
Elevated riskMustang Helicopters Oy
Grade unchangedC · new analysis 2026-10-18
37/100
High
Strong financial evidenceFinancial data included
Financial development is mostly stable or mixed.
3 comparable periodsRevenueImproving
ProfitabilityImproving
SolvencyImproving
LiquidityStable
RegularBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
3 observed filings145 days after period end
141 days after period end
3 consecutive periods
Supporting factors
- Active registered status
- A newer financial statement filing has been reported
Risk factors to note
- Negative equity
- Weak current ratio
- Negative profitability or net result
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessmentsC
2026-10-1837/100 · v0.15
C → CC
2026-09-23 07:0137/100 · v0.14
B1 → C · -27 points- Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2025-05-31).
- Assessment confidence: Medium → High.
- Evidence quality: Registry and statistical evidence → Strong financial evidence.
B1
2026-09-1564/100 · v0.14
B1 → 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.
B1
2026-09-1360/100 · v0.12
Oldest retained automatic assessment in this comparisonC
2026-10-18
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
65/100
Industry context is medium based on normalized open statistical inputs.
Age and continuityHyvä
60/100
The company has about 7 years of registry continuity.
Registry and status signalsSeurattava
74/100
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
23 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1 → C.Risk grade updatedRisk gradeEvidence verified
15 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1.Risk grade updatedRisk gradeEvidence verified
13 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1.Registry timeline
Trade register notifications shown on a timeline.
16 register eventsLatest event: 2026-04-28
Financial statements availability
Available financial statement periods and PRH source filings.
3 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
Mustang Helicopters Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.